Yggdrasil Gaming has entered the Czech Republic’s online gaming market through a new agreement with Tipsort.
Fredrik Elmqvist, CEO, Yggdrasil, said: “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.”
With an excess of 1,000 retail outlets, Tipsport is the Czech Republic’s leading betting agency.
Currently, the Czech gaming market is currently one of the most coveted for online gaming operators to expand into having generated €1.58bn in gross win last year, of which €380m was raised by the online sector.
The new deal will see Yggdrasil provide some of their slots games and the company’s in-game promotional tool, BOOST.
Yggdrasil can now boast of being present in numerous European regulated markets including the UK, Italy, Estonia, Latvia, Belgium and Denmark.
Alongside the launch in the Czech Republic, Yggdrasil are also expecting to enter into the Spanish market this summer through a recent agreement with GVC’s bwin brand.