A B2B software license has been granted to Swedish provider of online gaming solutions, Yggdrasil, by the Isle of Man Supervision Commission, ensuring its long-term presence across scores of existing markets.
According to a company press release, the new Isle of Man certification increases the number of licenses the online casino games developer has obtained to eight.
Growing presence:
The Cherry Ab (publ) subsidiary now possesses licenses across four major gaming jurisdictions including Romania, Gibraltar, Malta and the United Kingdom and is “committed to fulfilling the licensing requirements and objectives” of those licensing territories, always striving to “spearhead industry best practices.”
Policies and procedures check:
The company has, since its establishment in 2013, has put in place policies and procedures to ensure player’s rights are safeguarded and they are treated fairly. Furthermore, in keeping with its licensing jurisdiction’s technical requirements, measures have been implemented to “ensure the integrity of games and gaming devices.”
Independent auditors are tasked with auditing Yggdrasil’s Information Security Management System (ISMS) on an annual basis in order to ensure that data is “safeguarded and is classified in accordance with its policies and procedures.”
Maintaining compliance:
Chief Executive Officer for the Stockholm-headquartered developer, Fredrik Elmqvist, said…
“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.”
ICE London:
Check out Yggdrasil’s innovative global offering at stand N3-140 at ICE London 2020 happening February 4th to 6th at ExCeL London, located just 10 minutes from Canary Wharf, in the heart of London’s Royal Docks.
