Recently, Stockholm-based LeoVegas Group, a flagship global iGaming company offering online casino, live casino and sports wagering, received a new online gaming license from Kansspelautoriteit (KSA), the Dutch regulator, for the Dutch market. Additionally, the company officially intends to debut on the Dutch market throughout the second half of 2023.
New online gaming license:
The company, which has been licensed through its 21 Heads Up Limited brand, now has five years to offer live casino, sports wagering and casino in the Netherlands. In this regard, when commenting on the new license, Gustaf Hagman, CEO of LeoVegas Group, said: “LeoVegas Group has been granted a gaming license in the rapidly growing Dutch market! We are thrilled to look to the future and fully focus on resuming our Dutch journey: the Netherlands has great potential and we look forward to it becoming an important market in our global growth journey.”
About:
Headquartered in Sweden, LeoVegas Group is a flagship global iGaming company with the main goal of taking responsibility for creating the world’s greatest iGaming experience, mainly focusing on mobile gaming. It offers online casino, live casino, and sports wagering via 10 brands in 9 jurisdictions.
Its growth is rapid, with more than 1,000 employees in Europe, involving headquarters in Sweden and an operations center in Malta. Technical development is conducted by a further subsidiary of the group, Gears of Leo, based in Sweden. The company has offices in Italy, UK and Poland.
Being an upstanding member of the casino community doesn’t come easy, and because of that the firm holds licenses from Malta Gaming Authority, UK Gambling Commission, and the Danish Gambling Authority. This means they are trusted, governed and can be held accountable. All good signs for the player.
Since their inception, LeoVegas has been hitting the campaign trail hard with adverts primarily geared towards the sporting world. They have become one of the more active sponsors of European sports clubs including football and rugby teams. In addition, the company knows how to treat customers. They do this by giving them dozens of bonuses, and ongoing promotions throughout the year. Their welcome bonuses can include free spins on slots, and of course some bonus cash. You can also find daily, weekly and monthly promotions that can range from special deposit bonuses, to free spins and more. Bonuses do vary by country and which currency you are using. Be sure to check the promotions tab to see their current offerings.
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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