Yggdrasil, a dominating provider of superior online gaming solutions for iGaming operators, recently announced the acquisition of provider permission in Sweden.
The license will enable the company to go on with providing its well-executed products and services throughout the iGaming market.
Recently, the country has admitted a strictly determined law, which will be in force from 1st of July, to have a gaming software authorization.
The government of Sweden declared the application for admission on 1 March, and amongst the first applicants was Yggdrasil, which got its permission on 22 March.
The acquired license will open many doors for Yggdrasil, and make it possible to advance its main activity, by proposing game portfolios to Swedish operators. In this field Yggdrasil owns a well-established reputation and abundant legacy.
General Counsel and Chief Legal & Compliance Officer of the company, mentioned in his speech that Ensuring compliance in every jurisdiction where we conduct business is of utmost importance to Yggdrasil and has consistently been a precedency.
Petter Envall also added:
Yggdrasil considers this Nordic country to be a crucial market, and our team was entirely dedicated to promptly applying for the new permission as soon as it became available. We follow a distinct administering plan and value strong connections with our operators managed locally. Yggdrasil’s advocates for other sellers to also seek this license and I commend the Swedish Gambling Authority for the efficient and uncomplicated process of managing these permits.