Yggdrasil Boasts Spanish Casino Market Debut
Online casino games developer and supplier Yggdrasil Gaming has recently debuted its portfolio in the Spanish online gambling market.
Under a partnership with Casino Barcelona Online, the company has launched its library and it is now available to Spanish online gambling customers. Casino Barcelona players have access to player-favorites such as Valley of the Gods, Golden Fish Tank, and blockbuster titles Vikings go Berzerk and Vikings go Wild, among a number of others.
The recent Spanish launch was part of Yggdrasil’s strategy to maintain podium positions in attractive regulated online gambling markets.
Commenting on their expansion, Yggdrasil CEO Fredrik Elmqvist said that they are thrilled to go live in Spain and “offer our games to local players together with such a significant brand as Casino Barcelona.”
He added that the Spanish market:
has shown consistently strong growth and an increase in popularity over the last few years and we are excited about the upcoming opportunities. We are looking forward to a long and successful partnership that will see us continue to bring new and innovative content to the Spanish market with Casino Barcelona.
Yggdrasil first announced that it had teamed up with Casino Barcelona Online last November. Under the terms of their deal, the supplier has agreed to supply its portfolio of games as well as its BOOST in-game promotional tool to the operator.
News about the launch of its content with Casino Barcelona comes on the heels of the recent announcement that Yggdrasil has signed a content supply deal with another Spanish operator – Casino Gran Madrid. It is yet to be seen when Spanish players of the operator will be able to access the supplier’s games.
Commenting on the addition of Yggdrasil games to their existing offering, Xavier Ballester, Director of Casino Barcelona Online, said that they are really proud to be the “first operator to offer Yggdrasil’s games in Spain and we are certain that their products will help accelerate the growth of our brand as a market leader in the country.”
The Spanish online gambling market has seen a stable growth over the past several years. The upward direction of the revenue generated was largely attributed to the authorization of online slots games in the country in 2014.
According to information by Spain’s gambling regulator, Dirección General de Ordenación del Juego (DGOJ), online gambling grew 25.5% last year to €699 million. The growth continued in the first quarter of the year, as the most recent figures released by DGOJ showed.
Spain’s licensed online gambling operators generated a total of €193.2 million during the three months ended March 31, 2019, up 20.1% year-on-year. Online sports betting claimed the largest revenue chunk with €100.8 million. The figure reported represented a 26.2% annual increase.
The online casino sector saw a 20% rise during the first quarter of 2019 to €67.1 million. Online slots were the main driver of growth with quarterly revenue of €37.5 million, up 29.2% from the same three months of 2018.