Today, July 19, GAMOMAT, one of the flagship independent software developers for slots based in Berlin, Germany, received it latest B2B license from Spelinspektionen, the Swedish regulator, through its distribution arm.
New B2B license:
With this license, players in Sweden may continue to play the outstanding games offered by GAMOMAT. A superb collection of GAMOMAT’s most famous online games stays accessible to players through distribution partner Bragg Gaming Group in one of Europe’s major regulated markets, involving classics like Fancy Fruits, Ramses Book, La Dolce Vita and Crystall Ball.
Sweden’s dynamic market has played a major role in GAMOMAT’s strategic growing goals and will continue to do so as the games have now been given the green light by the regulator, meaning they are compliant with the rules that came into effect on July 1st 2023. In this regard, when commenting on the new license, GAMOMAT Distribution GmbH’s Managing Director Andi Kaufmann, said: “Sweden’s iGaming market carries a strong reputation across Europe and we’re proud to have received our new B2B licence. Regulated markets are the lynchpin in our growth plans and we’re thrilled that we can continue to present our games to Sweden’s players.”
About:
GAMOMAT is a German casino software provider with a worldwide presence and a long stretch in the industry. The company is heavily involved in slot production, with a total catalogue that runs into the hundreds. During their existence, the company has gone through several brand changes.
Initially established in 2008, they were first interested in the local land-based markets. From there they expanded to cover much of Europe, before finally embarking on a journey to conquer the online casino space too. The latest brand change came around in 2020, with an even bigger focus on the online market.
The company has also taken an interest in fair and responsible gaming, as well as ecological issues and climate change. A rare sight in that regard certainly. It’s probably no big surprise that a company whose original main market area was land-based casino gaming is very well-versed in fruit games. You’ll find a rather massive selection. However, it’s not all they offer. In fact, the company has come a long way since and has made a great effort to diversify its gaming portfolio.
It’s not all about the reel setup either. Whether it’s 3×3 or 5×5 or something else, what also matters is the quality of the graphics, the sound effects, and other such factors that create the entertainment around the theme. And GAMOMAT does a pretty good job at all of this.
The legal status of online casinos in India is complex and varies by state. While there is no federal law that explicitly addresses online gambling, the legality depends on state regulations and the type of gambling involved.
Key Points:
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No National Law: India does not have a specific national law regulating online casinos. However, the Public Gambling Act of 1867 prohibits operating physical casinos and gambling houses, but it doesn't cover online platforms, leaving a legal grey area for online gambling.
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State-Specific Laws: Some Indian states, like Goa, Sikkim, and Daman, have legalized land-based casinos, and others, such as Sikkim, have also licensed online gambling. Many states have banned gambling altogether, including online gambling.
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Online Sports Betting: Betting on sports, particularly cricket, is very popular in India. However, it's only explicitly legal in some states like Sikkim and Nagaland, which have laws permitting online gaming and betting.
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Legal Gray Area: Many international online casinos accept Indian players and operate legally under licenses from offshore jurisdictions (like Curacao or the UK Gambling Commission). As long as players are gambling on licensed platforms, the risk is minimal, but local authorities may still choose to regulate or restrict online gambling.
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Cryptocurrency: Some Indian players prefer using cryptocurrencies (like Bitcoin) for online gambling, as it provides a layer of anonymity and security.
While online casinos aren't explicitly legal across all of India, many international casinos accept Indian players, and online gambling continues to grow in popularity. Players should ensure they use licensed platforms and understand local laws before engaging in online gaming.
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