Compliance Updates

Yggdrasil Secures Isle of Man B2B Software Licence

Published

5 years ago

January 9, 2020

Yggdrasil Secures Isle of Man B2B Software Licence

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Online gaming solutions provider Yggdrasil has secured a B2B software licence from the Isle of Man Supervision Commission.

The new IoM certification brings the total number of software licences obtained by Yggdrasil to eight across four major gaming jurisdictions including the UK, Malta, Gibraltar and Romania.

Since being founded in 2013, the company has implemented policies and procedures to ensure all players are protected and treated fairly and their rights are always safeguarded. In accordance with its licensing jurisdiction’s technical requirements, it has also implemented measures to ensure the integrity of games and gaming devices.

“Ever since we began the business, we have been highly regulated and highly compliant in every major gaming jurisdiction. We take great pride in adhering to regulatory best practice and place great emphasis on compliance and responsible gaming across all our products. We’re delighted to add the Isle of Man to this prestigious regulatory roster, our eighth B2B license, and I’m sure many more will follow in the years to come,” Fredrik Elmqvist, CEO of Yggdrasil said.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.