A studio with nine regulators and no stated owner
Yggdrasil’s own site lists licences from Malta, the UK, Sweden, Gibraltar, Romania, the Isle of Man, Greece, Belgium and Buenos Aires. Nine separate regulatory relationships, checked on yggdrasilgaming.com in September 2026, none of them contradicting any other. What the same site does not state, anywhere on its about page or its news section, is who owns the company. No parent group, no holding structure, no acquisition announcement. That absence is worth reporting plainly rather than filling with a name remembered from somewhere else.
The company describes itself as serving more than 350 operators with over 450 games, run from a Malta office in San Ġiljan with a second office in Kraków, Poland. Its most recent news, checked the same day, covered a partnership with Kaizen Gaming in Romania, joining the Hub88 supplier network, and a new game called 24Karot joining its YGG Champions line, none of which touches on ownership either.
The regulatory list is unusually long for a slot studio. Beyond the Maltese critical-supply licence, the company’s own site states a UK Gambling Commission software licence and a separate remote casino operating licence, membership of the Swedish Gambling Authority since 2020, a Gibraltar Regulatory Authority remote gambling licence, two Class 2 licences from Romania’s ONJN, a business-to-business software licence from the Isle of Man Gambling Supervision Commission, an A1 manufacturer licence from the Hellenic Gambling Commission, a Class E manufacturers licence from the Belgian Gaming Commission, and an entry in Buenos Aires’s city registry of manufacturers and suppliers. That is nine separate regulatory relationships stated on one page, more than either Pragmatic Play or Play’n GO lists on their own equivalent pages, which makes the missing ownership line stand out rather than blend in.
The two titles that carry the brand into Irish lobbies
| Signature title | RTP | Volatility | Max win | Release date |
|---|---|---|---|---|
| Vikings Go Berzerk | 96.1% | Medium–High | €93,910 | 23 Nov 2016 |
| Valley of the Gods | 96.2% | High | €580,000 | 24 Aug 2017 |
Both figures come from the games’ own pages on yggdrasilgaming.com, not from a lobby or a third-party listing, and neither is repeated on this site’s real money slots page without the same source attached. Vikings Go Berzerk builds toward a Rage meter that triggers individual Berzerk modes for each of four Viking characters, with a Ragnarök Free Spins mode that puts all four into Berzerk at once, on top of a base free-spins round with sticky wilds and a Golden Treasure Chest bonus the page states can appear on the fifth reel. Valley of the Gods runs on an expanding grid, up to 3,125 ways to win, where clearing blockers grows the play area and a lives system can cut a promising round short if it runs dry before the board fills; the page also describes win multipliers stacking as the grid expands, which is where the stated €580,000 ceiling comes from rather than from any single symbol combination.
The gap between the two titles’ volatility ratings is worth a line of its own: Vikings Go Berzerk sits at medium-to-high with a €93,910 ceiling, while Valley of the Gods steps up to high volatility for a ceiling more than six times larger. That is consistent with how the two games are built, a multi-stage rage system against an all-or-nothing expanding grid, and it is the kind of pairing a player choosing between the two should weigh against how much variance a session can absorb before either game’s free spins round shows up.
Both games are now roughly a decade old, and neither page shows a revised RTP figure or an updated max win alongside the original release date, which is itself a small data point: whatever regulatory testing has applied to these titles in the years since has not changed the numbers the studio chooses to publish.
A digression: the stated max win is the more useful number here
Worth pausing on, because it is not the figure most guides lead with. Valley of the Gods states a maximum win of €580,000, a specific ceiling rather than a multiplier of the stake, which is unusual phrasing for a slot studio. Most providers state a multiplier, leaving the euro amount to depend on the bet size; Yggdrasil states the cash figure directly on the game’s own page. Whether that ceiling scales with stake size or is fixed regardless of what is wagered is not explained on the page, and it is the kind of detail worth asking a casino’s support team before chasing it.
Where Yggdrasil actually shows up among the nine partners
| Partner | Yggdrasil slots | Checked |
|---|---|---|
| Nomini | Listed on the site’s own provider directory, one of well over a hundred studios shown | 3 Sept 2026 |
| Playzilla | Listed on the site’s own provider directory, alongside a similarly long studio list | 3 Sept 2026 |
| 21Bit | Not shown among the providers named on the homepage opened | 3 Sept 2026 |
| Wild Fortune | Not shown on the homepage opened | 3 Sept 2026 |
| JackpotCity | Not named among the short, curated provider list on the page opened | 3 Sept 2026 |
| MegaRush | Not among the four providers named on the homepage strip; a further list sits behind a “more” link not opened | 3 Sept 2026 |
| LeoVegas | Could not open; redirected to a German-licence domain | 3 Sept 2026 |
| Betway | Could not open; redirected to betway.de | 3 Sept 2026 |
| 888casino | Could not open; redirected to a German-market domain | 3 Sept 2026 |
Nomini and Playzilla are the two confirmed sightings, and both run provider directories long enough that a single studio being present or absent says less about the casino’s overall quality than it does about how many studios that casino has signed. The Nomini review covers the rest of what that library holds. MegaRush’s “more” link is the honest asterisk in the table: four providers were named outright and Yggdrasil was not one of them, but the rest of its catalogue was not visible from the page opened, so calling it a confirmed absence would overstate what was actually checked.
What Ireland’s coming stake limits would mean for a game like this
The Gambling Regulation Act 2024 will eventually cap certain casino-style games at a €10 maximum stake and a €3,000 maximum win, once the Gambling Regulatory Authority of Ireland opens online casino licensing, expected in 2027. Valley of the Gods’s stated €580,000 ceiling sits well above that future cap, and if the game falls inside whatever definition GRAI eventually applies to “certain casino-style games,” a maximum win of that size would not survive the transition unchanged. None of that is in force today, and the Ireland gambling licence page tracks the phase-in as it happens rather than treating a 2027 rule as current law.
Set against the other two studios covered on this site, Yggdrasil is the one that states its ceiling in euro rather than as a multiplier of the stake, which makes the coming cap easier to reason about than it would be for a game whose maximum is quoted only as “1,000x” or “500x” with the stake left open. Whether that clarity was intentional or incidental, it is the more useful format for a player trying to work out how a future stake limit would actually land on a specific title.
Where that leaves a player looking specifically for Yggdrasil
Nomini and Playzilla are the two partners on this site where the studio’s name turned up on the page checked, both inside directories that run to well over a hundred studios apiece rather than a shortlist. Six of the remaining seven partners either did not show Yggdrasil on the page opened or could not be reached from here at all in September 2026, and the one honest exception, MegaRush, left part of its catalogue unchecked behind a “more” link rather than confirming an absence outright. A player who wants Vikings Go Berzerk or Valley of the Gods specifically has two confirmed places to look on this site, not nine.
Neither the Nomini review nor the Playzilla review singles out Yggdrasil as a headline reason to choose either casino, and that is a fair reflection of how the studio sits inside both libraries: one name among well over a hundred, rather than the draw itself. What its own two signature pages do offer, regardless of which lobby a player ends up in, is a rarer thing among slot studios: a stated euro ceiling rather than a bare multiplier, and a spread of regulatory licences wide enough that a problem in any single market would not take the whole catalogue down with it. This site’s Pragmatic Play and Play’n GO guides cover the other two studios checked across the same nine partners, and the how we rate page explains why all three carry a checked date rather than a fixed verdict.