Yggdrasil expansions continue into Spain

Yggdrasil Gaming has continued its expansion strategy into new markets, with an announcement that a deal has been reached to offer its titles within Spain.

Working in conjunction with existing partner GVC, Yggdrasil details that the firm is set to enter the regulated Spanish iGaming market later this year.

GVC, whose strong presence within market of Spain is partly aligned to its leading bran bwin, are set to be the first operator to offer Yggdrasil titles in the nation.

Andrew Whitworth, Head of Content, GVC, said: “We were not going to pass up the opportunity to be the first operator to bring Yggdrasil’s slots to Spain, and we are certain they will perform strongly in the market.” 

Yggdrasil, working in full compliance with Spanish market regulations, details that games are expected to go live on the market during Q2 of this year.

The move into Spain forms the latest example of the firms regulated strategy, something which has already seen a move into Denmark this year.

Fredrik Elmqvist, CEO, Yggdrasil Gaming, said: “Spain has quickly emerged as one of Europe’s fastest-growing and exciting jurisdictions, making it a perfect environment for Yggdrasil’s award-winning slots and promotional tools. 

“To enter Spain with GVC, a long-time partner across multiple jurisdictions, will ensure our games are enjoyed by slots fans across the country. 

“Following recent entries into Denmark and Italy, it also underlines Yggdrasil’s commitment to expanding its footprint in Europe’s regulated markets.” 

It was also detailed that the Spanish online gaming market has enjoyed impressive growth in recent years, particularly since it added slots to its offering in 2015. 

According to regulator Dirección General de Ordenación del Juego (DGOJ), online gaming revenues were up 37% year-on-year for Q3 2017, to €140.5m.