Yggdrasil Expansion Continues With New CFO Appointment

Florin P. - July 20, 2016

Yggdrasil's expansion continues with the appointment of a new Chief Financial Officer, Frida Gustafsson.

2015 was a great year for Yggdrasil Gaming who set a couple of important milestones and 2016 promises to be just as good. The company signed agreements with BetClic, Expekt and Monte Carlo Casino to better promote its content. The Infinite API technology for gamification is regarded as a driver for expansion and will push Yggdrasil’s growth into overdrive. To keep up with all this progress, they decided to appoint Frida Gustafsson as chief financial officer.

Plenty of Experience for the New CFO

Frida Gustafsson has worked at NetEnt for the last six years, after serving as an auditor for Deloitte Sweden. Yggdrasil is a company growing rapidly and it requires a more complex corporate structure. The new CFO joins the company at the perfect time to put her vast experience to good use. Yggdrasil is already a very popular brand in the industry and Frida is expected to contribute to its success.

The content provider is on a recruitment spree, with nearly 70 new people joining in 2016. They are doing very well financially and found it worthwhile to expand to Malta to keep up with its strategic expansion. Their success brought new partners into the fold, such as Interwetten and industry recognition. Yggdrasil won the Slot Provider of the Year at the 2016 EGR B2B Awards and Gaming Software Supplier of the Year at the 2016 International Gaming Awards.

Players Bask in Yggdrasil's Success

Those who chose to open account and Yggdrasil powered casinos were the direct beneficiaries of their recent success and expansion. New games were added in 2015 and the first six months of 2016, including some well paying progressive jackpot. They recently had a big jackpot winner on the Joker Millions progressive, when a lucky player from Norway won $2.9 million. This is the third and by far the largest jackpot ever won spinning the reels of this slot.



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