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Yggdrasil to enter Czech Republic with Tipsport gaming deal

13 August 2018 - 15:23

Written by Editorial Board
Yggdrasil to enter Czech Republic with Tipsport gaming deal

The innovative gaming supplier Yggdrasil is set to make its debut in the regulated Czech Republic igaming market after agreeing to supply leading brand Tipsport with its portfolio of innovative, high-quality casino games.

Tipsport is the country’s largest betting and gaming brand, with more than 1,000 retail outlets and a rapidly growing online offering that will now feature some of Yggdrasil’s slot games, including latest releases Vikings Go To Hell and Tut’s Twister. “In February this year we signed a deal to enter Spain, one of Europe’s fastest-growing and most exciting jurisdictions, and today we’re announcing our entry into the Czech Republic with leading brand Tipsport", said Fredrik Elmqvist, CEO, Yggdrasil. “As part of our long-term strategy we are committed to expanding our regulated market footprint. If we feel an environment is right for our leading games and promotional tools, then we will enter it with the best possible partners. We’re exctited to be going live with Tipsport and fostering a long-term partnership”. Jakob Lorentzon, Head of Online Casino, Tipsport, said: “We are delighted to be partnering with such an innovative and dynamic business as Yggdrasil. Their games perform very well in regulated markets and we are very much looking forward to offering them to our large and expanding customer base.” The leading Czech operator will also use Yggdrasil’s unique in-game promotional tool BOOST® that enhances player experience via in-game tournaments, cash races and missions. Yggdrasil games are expected to go live in the Czech Republic with Tipsport in the coming months, in full compliance with the Czech Republic’s requirements. The Czech Republic’s online regulated market came into force on 1st January 2017, following the introduction of a new Gambling Act. The market generated €1.58 billion in gross win in 2017 with online contributing €380 million of that total, according to H2 Gambling Capital data. Yggdrasil’s games are live in a host of regulated and newly regulated markets including the UK, Italy, Estonia, Latvia, Belgium and Denmark, with its games due to imminently launch in Spain, alongside Czech Republic.

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