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Yggdrasil to enter Czech Republic with Tipsport gaming deal

George Miller

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Yggdrasil to enter Czech Republic with Tipsport gaming deal
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Innovative gaming supplier to enter new market for the first time after partnering with the country’s largest operator

 

13 August, 2018 ­­– Yggdrasil is set to make its debut in the regulated Czech Republic igaming market after agreeing to supply leading brand Tipsport with its portfolio of innovative, high-quality casino games.

Tipsport is the country’s largest betting and gaming brand, with more than 1,000 retail outlets and a rapidly growing online offering that will now feature some of Yggdrasil’s slot games, including latest releases Vikings Go To Hell and Tut’s Twister.

The leading Czech operator will also use Yggdrasil’s unique in-game promotional tool BOOST® that enhances player experience via in-game tournaments, cash races and missions.

Yggdrasil games are expected to go live in the Czech Republic with Tipsport in the coming months, in full compliance with the Czech Republic’s requirements.

The Czech Republic’s online regulated market came into force on 1st January 2017, following the introduction of a new Gambling Act. The market generated €1.58 billion in gross win in 2017 with online contributing €380 million of that total, according to H2 Gambling Capital data.

Yggdrasil’s games are live in a host of regulated and newly regulated markets including the UK, Italy, Estonia, Latvia, Belgium and Denmark, with its games due to imminently launch in Spain, alongside Czech Republic.

Fredrik Elmqvist, CEO, Yggdrasil, said: “In February this year we signed a deal to enter Spain, one of Europe’s fastest-growing and most exciting jurisdictions, and today we’re announcing our entry into the Czech Republic with leading brand Tipsport.

“As part of our long-term strategy we are committed to expanding our regulated market footprint. If we feel an environment is right for our leading games and promotional tools, then we will enter it with the best possible partners. We’re exctited to be going live with Tipsport and fostering a long-term partnership.”

Jakob Lorentzon, Head of Online Casino, Tipsport, said: “We are delighted to be partnering with such an innovative and dynamic business as Yggdrasil. Their games perform very well in regulated markets and we are very much looking forward to offering them to our large and expanding customer base.”

 

 

About Yggdrasil

Yggdrasil is a provider of superior online gaming solutions for igaming operators. The business was founded in 2013 and has since emerged as one of the industry’s most respected and acclaimed suppliers. The business model is highly scalable and covers three product verticals Casino Slots, Table Games and Bingo, in addition to the business verticals Yggdrasil White Label Studios, YGS Masters and Yggdrasil Dragons. Yggdrasil has since its inception embarked on a solid growth trajectory enabled by a strong corporate culture focused on innovation, creativity, quality and technology leadership. Yggdrasil is headquartered in Sweden and has offices in Malta (operational HQ), Poland and Gibraltar.

 

About Tipsport

Tipsport is the leader on the Czech market of sports betting. Established in 1991 as a regional player with one branch only, Tipsport quickly became an international holding company and the major bookmaker in Central and Eastern Europe. Today, 3,000 employees work for Tipsport and Chance brands in the Czech Republic, and Tipsport brand in Slovakia. With overwhelming majority of bets being placed online, the company’s main focus is technology. Thanks to its unique, in-house solutions, Tipsport is No.1 sports betting operator in the Czech Republic and one of the major players in the sports betting industry in Europe.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Central Europe

Poland Gives 4% of the Gambling Tax Amount to NGOs

Niji Narayan

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Poland Gives 4% of the Gambling Tax Amount to NGOs
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Piotr Gliński, the Deputy Prime Minister and Culture Minister of Poland, has revealed that 4% of the gambling tax, nearly PLN 40 mln (EUR 9.4 mln), has been given to non-governmental organisations in Poland for the past year and a half.

Gliński, who attended the Third Forum of Associations from the Low Beskids in Iwonicz Zdrój, in southeastern Poland, said that the solution has been introduced by the government in Poland for the first time and in many countries, such concept has not been applied.

Gliński also added that thanks to these decisions, funds were created to promote civil society, culture and sport.

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CEEGC 2019

Gambling industry advertising regulation updates presented by Dan Iliovici (ROMBET) at CEEGC 2019 Budapest

Zoltan Tundik

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Vice President of ROMBET and former regulator, will present some of the latest developments and regulatory updates regarding advertising in the gambling industry.

Gambling operators are facing harsh fines all around Europe at this moment when it comes to stepping over the boundaries that are set by local laws regarding advertising.

While some of these laws that are in force are fully accepted by the industry and considered “moral”, there are some cases in which the regulator and legislator have not understood that in order to drive business and bring income taxes to the state budget, operators have to be pro-active in advertising.

At the 4th edition of the yearly Central and Eastern European Gaming Conference, which takes place on the 24th of September at the Ritz-Carlton Budapest, Dan Iliovici, the Vice President of Rombet will join the “Regulated Central and Eastern European jurisdictions” compliance panel discussion and share the latest insights on the subject.

Dan Iliovici is the former Romanian regulators and has been a guest speaker of CEEGC Budapest for the past 2 years.

About Dan Iliovici

Dan Iliovici is the Vice President of ROMBET – Romanian Gambling Organizers’ Association, one of the most important associations of the industry.

With rich experience in the gambling industry, former President of the Romanian gambling regulator – The National Gambling Office, Dan Iliovici is one of the personalities who contributed the most to industry’s professionalization. Along the years, he was involved in the Romanian market transformation into a consolidated and transparent industry, with a strong focus on responsible gambling.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here or View the Agenda!

Browse the official event website here: www.ceegc.eu

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CEEGC 2019

Altenar announced as Sponsor at CEEGC2019 Budapest

Zoltan Tundik

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Award-winning provider of sportsbook services will join the sponsors’ list once again at CEEGC Budapest.

The 4th edition of the yearly Central and Eastern European Gaming Conference will take place on the 24th of September at the Ritz-Carlton Budapest and will focus on bringing together key industry leaders and showcase new business intelligence and provide a different angle of view on the already established and emerging market.

Register here or View the Agenda!

Browse the official event website here: www.ceegc.eu

Ever since the CEEGC platform has been launched it has been supported by many gaming industry leaders and there is no doubt that the team at Altenar finds it as a must-attend conference, they are once again part of the sponsors’ list.

As in 2018, Altenar are the “PEN, PAPER AND PAMPER SPONSOR” at the conference and are ready to start doing business with you!

You can view the Altenar Corporate Introductory Video here:

 

About Altenar

Altenar is a provider of sportsbook services to licensed gaming operators. Ranging from “software-only”​ product offers to the provision of a fully managed sports betting platform stack, Altenar offers proven stability coupled with flexible and personalized service. Our software is developed and operated in-house, whilst being powered by premium quality data feeds.

About the Central and Eastern European Gaming Conference

The Central and Eastern European Gaming Conference and Awards (CEEGC & CEEG Awards) has been launched in 2016 with the aim of bringing together gambling industry professionals, executives, and government representatives.

Every year, +125 like-minded delegates have the opportunity to discuss collaboration opportunities, learn about compliance updates and harvest the tech & marketing related information which is presented by industry leaders from the ever-evolving international gambling industry community.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here!

Browse the official event website here:  www.ceegc.eu

 

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