Indian Online Gambling Regulatory Jurisdiction Issues Another Licence

Energy drink firm joins with lottery specialist in new online venture

Sikkim, the only Indian province so far to regulate and licence online gambling, has issued its second licence to the energy drink group Maarm International Pvt., which has engaged with local lottery specialist Golden Lottery in a new venture to provide online gambling facilities to Sikkim residents.

Golden Lottery will provide the technology platform for the venture, which has been awarded a five year renewable licence costing the equivalent of around US$160,000, valid from the beginning of April this year.

A Maarm spokesman told local media that the company was keen to see the expansion of online gambling to other Indian states, and has been holding exploratory talks with the federal government on the issue.

The only other online gambling licensee in the province is Future Gaming Solutions India Pvt. Ltd., which was awarded a licence late last year (see previous InfoPowa report) and according to some reports may launch soon.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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