Yggdrasil issued 2015 revenues
“With a market-leading and flexible platform in place, we fully expect to hit our target of 12 new slot launches in 2016.”
Malta.- European operator of online and mobile casinos, lotteries and lottos, Yggdrasil, announced a 357 percent of growth in its incomes from last year compared to 2014. The closure of fourth quarter equals 696 percent (EUR€10.4 million –$US11.49 million–) of that total.
“Yggdrasil enjoyed an absolutely fantastic 2015 which has put us in a position to push on this year and firmly establish ourselves as a top-tier supplier,” stated Fredrik Elmqvist, Yggdrasil CEO.
During last period of the year the brand accomplished UK licenses to provide online gambling services and more than three business deals. Elmqvist remarked the importance of its “agile team with technical expertise, second to none” in the achievement of 2015 successes. In addition, through these two past months of 2016 Yggdrasil released Incinerator, new slot for Gibraltar, won a prize for Software Supplier of the Year at the annual International Gaming Awards and closed a partnership with renowned online sports betting operator, bet365.
“It is tough to pick out just a handful of highlights in what was an action-packed year which saw stratospheric revenue growth, positive year-end EBITDA for the first time and several industry-first launches,” added Yggdrasil’s CEO. Mobile operations increased 41.75 percent during the fourth quarter whilst amount of bets, a 792 percent raising EUR€204 million (US$235 million.) Yggdrasil bets on new launches in order to attract more clients. Doubles and Nirvana were two of them, as well as BOOST collection of promotional services. All added to more than five solutions and eight games were launched throughout the whole year and the company received the Software Rising Star at EGR B2B Awards. In total, Yggdrasil accomplished 27 deals with casino and online gambling operators
