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Great Q1 for Yggdrasil Gaming

Thursday May 14,2015 :  YGGDRASIL HIGHLIGHTS A BRIGHT FIRST QUARTER
 
Swedish online gambling software developer has now signed up 22 operators.
 
Cherry AB subsidiary Yggdrasil Gaming has added more detail to its section in the group's first quarter 2015 report , advising the following highlights:
 
* Launched HMTL5 framework, iSENSE 2.0, with new UI
 
* Launched first progressive jackpot, Joker Millions
 
* Launched Infinite API for Gamification
 
* Innovative Super Free Spins concept launched with Vera&John – this will be available to all customers from June
 
* Signed GVC online gambling group who are now live
 
* Signed Asian social and mobile in-app purchase operator
 
* Four operators, including Betsson and parent Cherry, now signed up for first progressive jackpot Joker Millions
 
* Now has 22 operators and 16 are live
 
* Support now for 24 languages and 35 currencies
 
* Opened new office in Krakow, Poland with room to grow team
 
Fredrik Elmqvist, CEO of Yggdrasil, said this week that he was pleased with progress and the 22 operators who have signed up for his company's products...a significant increase on the two licensees the company had in December 2013.
 
"We’ve launched some important new technological advancements in the first quarter, including our new HTML5 framework, iSENSE 2.0 with a new UI and also our Infinite API for Gamification," Elmqvist said. "We’ve had excellent feedback on both of these from our current and prospective partners and they will be a big part of our strategy moving forward.
 
"It’s been a tremendous beginning to 2015 and we’re all focused on delivering further positive results and growth during the remainder of the year."

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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