Interblock, a Las Vegas-based leader in the creation and delivery of prizewinning electronic table games (ETG) products, is excited to reveal the strategic purchase of electronic table gaming assets from Aruze Gaming America. Also, via this purchase, the company intends to increase its total number of employees by over 700 across the world.
A very important strategic step:
As the firm is well-known known for its perfect service transition, excellence and support using its robust support structure, with this purchase, Interblock’s main objective is to further enhance its already ongoing growth-focused strategy by advancing a few of the firm’s strategic initiatives, while strengthening its promise to bring inventive and ambitious solutions to the industry. In addition, it also extends the company’s international position as a market leader as it extends its cutting-edge skills to new levels.
The company is represented in the transaction by Kirkland & Ellis LLP. In this regard, when commenting on the purchase, John Connelly, Global CEO of Interblock, said: “The Aruze acquisition creates a significant portfolio of innovative synergies we intend to bring to the market before the end of this calendar year. Aruze Gaming provides us with a new level of diversity we feel will accelerate our vision to make Interblock synonymous with table game technology. As we continue to differentiate ourselves in the gaming industry, this acquisition empowers us to offer a broader range of high-quality, innovative gaming solutions to our valued partners in both a traditional and online offering.”
The company reassures its stakeholders that “the aspects that have made the company successful will remain unchanged.” Additionally, customers do not have to worry about the level of quality service and continued availability of their most-loved products, as this will also stay the same, along with the existing teams responsible for providing the detailed customer service that clients are used to working with.
More details about the purchase will be revealed as the transaction advances.
About:
Headquartered in Las Vegas, Interblock’s multiplayer gaming devices are game-changing and offer superior deluxe interactive experiences. In addition, the company is internationally recognized and licensed in 328 regions worldwide, for technical support and diamond quality gaming solutions.
Gambling entertainment solutions created in the Aruze Gaming chambers are really something else – the company is one of the best in the whole world, and the way they design, develop, and craft their content is recognized across many markets. Their content is cutting-edge, high-quality, modern, and unique, containing up-to-date technologies and designs. Developers prepare the content with the player in mind, working on ensuring the best possible gaming experience.
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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