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Yggdrasil has entered an online casino content agreement with Veikkaus

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Gambling is an extremely popular activity in Finland, both online and in actual casinos. According to the Finnish gambling news portal NettiCasinoHEX.com, Finns are known as people who love to gamble, and part of that is probably because there are a lot of slot machines in every corner across the country, but also because of the thousands of online gambling sites, people can play at home.

Yggdrasil Gaming is one of the largest brands in the iGaming business providing online gaming solutions for iGaming operators whose name doesn’t need any special introduction. Its titles have been at the forefront of the gaming industry, particularly in the slot genre.

The company has announced that it has entered an online casino agreement with the Finnish national betting agency Veikkaus to provide them with high-quality casino content and games.

Veikkaus is the only gambling operating agency in Finland, both in land-based and online games, with a turnover of 3.2 billion Euro in 2017. They own the largest online casino in the state, attracting over 700,000 players per week.

 

In terms of profit, Vaikkaus is one of the top ten companies in Finland. It’s a company owned entirely by the state of Finland. Its games can be played in the Casino Helsinki, the biggest land-based casino in Finland, in many game arcades, at thousands of points of sale across the state, and in the online casino. There are over 2 million registered customers in Veikkaus, which equals 45% of the total number of adults in Finland. The entire profit from this gambling monopoly is used for the benefit of Finns.

The agreement says that Yggdrasil will provide Veikkaus with a full suite of slot games like Hanzo’s Dojo, Penguin City, and Wolf Hunters, as well as the classic titles like Winter Berries or Jokerizer, and the Vikings trilogy. Part of the package includes access to their in-game promotional tools, BOOST, that gives operators a chance to run promotions directly from within the game client. Yggdrasil’s games will fully comply with the regulatory requirements in Finland.

 

The chief Executive Officer at Yggdrasil, Fredrik Elmqvist, said that they are happy to join forces with the established and professional company Veikkaus, looking forward to a mutually beneficial partnership.

The Vice President of Casino Games at Veikkaus, Jan Hadelberg, commented that they are thrilled to join with the innovative team of Yggdrasil which brings their unique games to their loyal players. Hagelberg added that the casino content of Yggdrasil is known to perform well across regulated markets. Vaikkaus are sure their loyal players will enjoy Yggdrasil games on a daily basis.

The partnership between Veikkaus and Yggdrasil is a continuation of the company’s foray onto the market of Finland, since they’ve previously made a partnership with the friendly casino Paf in Finland.

Before this agreement, Yggdrasil claimed the new license in Sweden through a partnership with Svenska Spel. And, they also secured their first entry in Taiwan through an agreement with XSG – a social gaming operator.

Yggdrasil provides gaming content to LeoVegas, Betsson, Unibet, William Hill, bet365.com, and other world’s leading operators.

 

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Baltics

Games Factory Talents has teamed up with Nordic Game to bring you Nordic Game Talents.

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Looking to take your career to the next level in the games industry? Then, Nordic Game Talents is the place to be! Games Factory Talents has teamed up with Nordic Game to bring you Nordic Game Talents.

From Oct 27-29, the online and interactive event is dedicated to recruitment and career building in the creative & games industry within the Nordic region. The event empowers participants to be part of a bigger community and motivates them to explore new paths in achieving their career goals.

Hiring creative & games studios – Supercell, Funcom, Panzerdog, Tactile Games, Gamecan, Fingersoft, Dazzle Rocks, Redhill Games to name a few from the Nordic region will be participating in the event. These studios will share information on their latest projects, work culture and what it takes to be part of their team. The individual games associations from Finland, Denmark, Sweden, Norway and Estonia will share insights through live sessions on the booming games industry in their respective countries. Career development topics pertinent to job seekers like – How to have a successful first interview, Creative Portfolio reviews will also be discussed.

Experienced game industry professionals and individuals beginning their careers from around the world are welcome to join the event. One-to-one interviews with the hiring studios can be scheduled through the event platform. A great opportunity to get to know the studios and network with game professionals from around the world.

Participating in the event

As a job seeker attending Nordic Game Talents, take a few minutes to fill out a simple registration form. After filling the registration form you will receive a link to the online event platform – PINE, to join the event on 27th October. Participants joining Nordic Game Talents will also receive a free-of-charge pass to the Nordic Game Conference.

To view the complete agenda, please click here and to learn more about the event please visit Games Job Fair

About Games Factory Talents

A Helsinki-based talent attraction agency dedicated to the games & creative industry. Our services include direct recruitment, organizing game job fairs and managing a community of game industry professionals through our GameDev Talent Board.

To learn more about Games Factory Talents visit – Games Factory Talents

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Baltics

Lithuania Approves Creation of Online-only Gaming Licences

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The Seimas, Lithuania’s legislature, has approved the first reading of amendments that would allow online-only gaming licences in the country.

At the moment, only operators that have a licence to offer land-based gaming can hold a remote gambling permit in Lithuania. Online-only operators must partner with land-based licensees to be able to offer gaming in the country. The new amendments to legislation would introduce a specific online licence that wouldn’t require a partnership.

Operators who wish to apply for a licence would need to hold at least €1.2m in capital in the case of casino gaming, or €289,000 and €144,000 in the case of online sports betting and online horse racing betting respectively.

Meanwhile, a new fee would apply to all kinds of gambling licences. Licensees must pay a fee of €1m on receipt of their licence and an additional payment depending on the type of licence. That payment would be €300,000 for slots, €100,000 for bingo and €500,000 for remote gambling.

The amendments would also require the construction of new slot halls, bingo halls and betting shops to be approved by municipal councils.

The first reading of the amendments was approved with 74 votes in favour, seven against and 39 abstentions. A second reading is still needed before the proposals become law.

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Baltics

Lithuanian Gaming Regulator Imposes Fine of €10,814 on Unigames

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The Lithuanian Gambling Supervisory Authority has issued a €10,814 fine to operator Unigames for organising gambling “outside the gambling regulation”.

An inspection carried out by the regulator found that the combined betting function used by Unigames’ via a BetBuilder feature were outside of the requirements specified in the company’s rules.

The regulator determined that this product, which allows players to create their own multiple bets on single sporting events, was not permitted in the country.

A ban on various forms of gambling promotion – such as bonuses – was recently implemented in Lithuania in July.

A statement from the regulator said: “The company has been warned about the possible violation of the license… and is obliged to eliminate the violation within the set term.

“This is the second decision after the Gambling Act gave the Gambling Supervisory Authority the right to impose economic sanctions on gambling organizers.”

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