After securing a license from the Loteria De La Ciudad De Buenos Aires (LOTBA), the city’s gambling regulatory body, PlayUZU, an online casino powered by SkillOnNet, has entered into a partnership with BuenosAiresSlots, the biggest city’s land-based casino. Additionally, the said casino is of now PlayUZU’s local licensing ally.
A new step towards expansion in LATAM:
This alliance represents the newest step towards a planned LATAM extension for the SkillOnNet-powered online casino, which is also a “sister site” of PlayOJO. Furthermore, just like the aforementioned sister site, PlayUZU bills itself as a “fair” casino, meaning it “offers money back on every spin, wins from bonuses paid in cash, and no wagering requirements.”
Furthermore, this aforementioned partnership provides players of both casinos with a true dual experience as they may play both online and land-based games, while also providing “cross-marketing” chances. In addition, the local operator possess 3 gaming halls in the crowded suburbs of the city and has “exclusive rights” to include bingo and slots in two neighborhoods of Buenos Aires.
Commenting on the partnership, Helena Rico of PlayUZU commented: “This marks an important milestone for our company, and we are excited to expand our business into a new market. We are grateful for the hard work and dedication of our teams, and we are looking forward to providing our services to the people of Buenos Aires. BuenosAiresSlots is a recognized and respected name, and we look forward to growing the PlayUZU brand in the region and exploring opportunities together.”
Also commenting on the partnership, Sergio Revilla of BuenosAiresSlots, said: “We were cautious when it came to choosing an online partner, but we knew we had found the right one when we started looking at PlayUZU. It’s backed by SkillOnNet, which is one of the biggest online casino software providers globally, whose name is synonymous with quality. They’re also very serious about localization and providing a gaming experience that’s tailored to Buenos Aires City. We also liked the sense of fun and fairness of the casino, which we knew would be a hit with Porteños, as residents of this city are known.”
Conditions for obtaining a license:
Argentina is a federal country separated into 23 provincial regions and only one city with full autonomy, Buenos Aires, each of which has the authorization to “legislate for online gambling regulation.” In addition, Buenos Aires represents one of the 9 regions that debuted online casinos in the state. Because of all this, according to the regulations, each potential license holder is required to form a partnership with a local gaming operator.
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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