No, Yggdrasil is an independent games provider that operates internationally across over 7 countries. It's licensed by more than 9 recognized organizations, and its games are safe and fair. The confusion of ownership is because Yggdrasil was founded by a former NetEnt CEO, Fredrik Elmqvist. In April 2022, Yggdrasil had a change of leadership. It formally announced Bjorn Krantz as its new CEO.