Stakelogic, the innovative Malta-based iGaming provider, has revealed that it and its devision, Stakelogic Live, have officially signed a content distribution agreement with Coolbet, the B2C brand of GAN Limited based in Estonia. The deal includes the official integration of Stakelogic’s portfolio of slots and Stakelogic Live exclusive live content on the Coolbet platform.
Strengthening presence in Estonia:
With this partnership, Stakelogic hopes to solidify its position in the Estonian market and introduce its latest content to a brand-new audience. Examples of slots based on different themes, such as heist, Spartans and Zombies, which will be hosted on the Coolbet platform are: Greedy Fox, Bison Blocks, Money Track 2, Eric’s Big Catch, as well as the newly released Candyways Bonanza 3 Megaways which is packed with features such as Free Spins, Respins, Multipliers, Wilds and Bonus Buys.
However, in addition to such slots, there will also be calmer, more classic, fruit-themed slots available for those players who like an easy and relaxing gaming experience. Examples of these slots that will be hosted on the platform of the mentioned brand are: Multi4Player and Big Runner Deluxe.
Commenting on the partnership, Neil Tanti, Sales Manager at Stakelogic, said: “Coolbet is a great online casino brand with a large and loyal player base. That its players can now spin the reels on our classic and video slots will help it to pull further ahead from its rivals by providing its players with access to the most in-demand slots in the market right now.”
New live content:
As for Stakelogic Live, a flagship provider of live casino content, through this partnership, it will supply Coolbet with its exclusive live content as mentioned above. Furthermore, Stakelogic Live is well-known for its portfolio of live-dealer casino games, American blackjack, European roulette and game shows.
Also, among the titles integrated on the Coolbet platform, there will be Super Stake, which permits players to double their wager to improve the chance of activating the bonus and landing a large number of winning combinations.
Also, when talking about the alliance with Coolbet, Head of Live Casino at Stakelogic Live, Richard Walker, commented: “We are now live with some of the most exciting online casinos in the world, and it’s great to add Coolbet to our roster of operator partners. Live casino is hugely popular and it’s vital for operators to offer a wide selection of games from several providers. We are now considered a must-have live studio and we are thrilled that Coolbet has added our content to its lobby.”
Helping the brand further establish its position in the Estonian market:
On the other hand, Coolbet will enjoy the popularity that comes with combining its portfolio with top content created by Stakelogic and Stakelogic Live that is fully customized and tailored to meet its needs and expectations, which means that in the future we can expect the operator to further strengthen its presence on the Estonian regulated market and expand its portfolio. It will also improve player commitment by adding new, unseen content to its portfolio.
Relatedly, the President of Coolbet, Endre Nesset, added: “It is great to find a partner that meets the needs of our audience. Stakelogic is adding creative and vibrant games to our vast portfolio of casino content. We are super excited to offer its games to our players for the first time.”
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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