Online gaming solutions provider Yggdrasil has taken a significant step in “securing its long-term presence across a multitude of existing markets” after being granted a B2B software licence by the Isle of Man Supervision Commission.

As a result of the new certification the total number of software licenses obtained by Yggdrasil has risen to eight across four major gaming jurisdictions including the UK, Malta, Gibraltar and Romania.

Following the Isle of Man green-light being issued the company stresses that it is “committed to fulfilling the licensing requirements and objectives of its licensing jurisdictions and always strives to spearhead industry best practices”.

Furthermore, in accordance with its licensing jurisdictions technical requirements Yggdrasil has also implemented measures to ensure the integrity of games and gaming devices, as it strives to ensure policies and procedures enable all players to be protected and treated fairly, and that their rights are always safeguarded.

Fredrik Elmqvist, chief executive officer of Yggdrasil, explained: “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 licence, and I’m sure many more will follow in the years to come.”

Last month Yggdrasil launched its Splitz slots mechanic which is set to be incorporated into future slot releases, with it expected that the feature to be a thrilling addition to the developer’s casino titles, boosting player engagement with “massive win potential”.

In Splitz, mystery symbols will drop down on the reel, building anticipation as the animation reveals how many symbols the tile will split into. With the possibility of splitting into three, the number of Splitz landed will always be of the same symbol, giving players the chance to win payouts beyond their imagination as the reels split.