Yggdrasil Gaming, a leading developer and provider of iGaming content, has announced that it will be creating a new parent company in an endeavor to enhance its growth potential and support itself in achieving its goal to establish itself as a leader in the field.
The company will be expanding its presence the Swedish capital and has enlarged its Stockholm-based office in order to leverage on Stockholm’s reputation as one of the top technology destinations in the world. Yggdrasil also said that it would initially be looking for experienced professionals for its new graphic teams that will be based in the Northern European city.
Fredrik Elmqvist, Chief Executive Officer at Yggdrasil Gaming, said that Stockholm is the hometown of many of the company’s employees and that the city has established itself as an iGaming center over the past few years. He added that it is now the right time for Yggdrasil Gaming to stage its debut in the Swedish capital and to show its innovative muscle to the industry. Elmqvist also said that Stockholm’s “maturity and consolidation” as an industry hub will certainly smooth his company’s entrance in the local iGaming community.
Yggdrasil Gaming specializes in creating and providing desktop and mobile casino games and has been acting as an independent entity since its establishment.
The company is currently headquartered in Malta and manages a development office in Poland and a regional office in Gibraltar. The provider has obtained licenses from the gambling authorities of Gibraltar, Romania, Malta and the United Kingdom.