License Approved for Lucrative Market:
Greentube is the software development vertical of the international gaming giant NOVOMATIC but also the parent of 14 subsidiaries across Europe and Nothern America. Its Interactive Gaming Manufacturer License in Pennsylvania will make the Greentube’s content available for operators and partners in the Keystone state which last month generated the third largest iGaming revenue in the US.
The latest US expansion follows the 2022 entry into the regulated market of Connecticut, New Jersey, and Michigan. The Pennsylvanian market entry was announced in January 2023 and this post has now been checked. The Keystone state expansion therefore testifies to the developer’s strategy rolling out according to schedule and the footprint steadily expanding to soon have most US jurisdictions covered.
Thrilling Gaming Supplies:
One surely should not question the quality of the Greentube’s portfolio of titles selected for the new expansion. The company confirmed that the player favorite gems like Diamond Cash™ and Thunder Cash™ series have already been designated for the new launch and accompanied with brand new titles including the in-demand Money Maker slot. Looking at the library that will be rocketed to the online gaming space of the thrilling new market, the local player community will now have a chance for a unique player experience.
Another Important Milestone:
Pennsylvania is the fourth US state to approve the gaming license to Greentube since January 2022 and follows the company’s expansion plans announced in January 2023. For this reason, Greentube’s entry into the remaining iGaming regulated markets of Delaware, Massachusetts, Nevada, and West Virginia may be expected soon if the developer keeps the same expansion pace.
Based on the supplier’s meticulous and consistent adherence to expansion strategy, it seems that one can expect Greentube to secure licenses for all US jurisdictions still in 2023. The driving force for the expansion strategy is supported through the supplier’s content development capabilities being constantly held at high levels. Indeed, Greentube formed a joint venture with the Flamingocatz studio and acquired the US development studio Present Creative to tailor and update the content to customer preferences.
Michael Bauer, CFO/CGO at Greentube, said: “Receiving a license to offer our market-leading content in Pennsylvania is another important milestone for Greentube as it continues to expand its presence across North America. We are looking forward to working alongside operators within the state to serve players with our unique brand of entertaining content.”
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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