What is Parimatch?
Parimatch, 1which originated in Kyiv back in 1994, has rapidly gained popularity and expanded its presence, capturing the markets of numerous countries. From its inception, Parimatch has remained committed to the principles of fair play and has diligently adhered to the jurisdictional regulations of the countries where it operates.
- Live broadcasting
- Amazing design
- Live chat support agents are inefficient
Is Parimatch Legal in India?
Legitimacy and security are crucial factors when it comes to bookmakers. It is essential for players to have the assurance that their funds are safe from any potential theft. Parimatch, a bookmaker’s office with a well-established global reputation, ensures the highest level of security and legitimacy for its users. In India, Parimatch operates within the legal framework, providing online betting services that adhere to the principles of fair play.
Why is Parimatch Legal in India?
Parimatch is a reputable and trustworthy online betting platform, and it is indeed legitimate. They take great care in complying with the regulations of the regions they operate in, including India. Here are several compelling reasons why you can have confidence in Parimatch’s safety and legality:
- Age Restriction: Parimatch strictly allows only users who are 18 years or older to engage in real money gambling, ensuring responsible gaming practices.
- No Physical Establishments in India: Parimatch operates solely as an online platform and does not have any physical gambling houses within India’s borders.
- Transparent and Fair Play: Parimatch upholds the principles of fair play and maintains user trust by having transparent rules and policies that are easily accessible and comprehensible.
- Offshore Headquarters: The company is headquartered offshore, consolidating its position as a reputable international bookmaker providing online services.
- Curacao Gaming Commission: Parimatch strictly adheres to the recommendations and regulations of the Curacao Gaming Commission. This licensing authority ensures the bookmaker’s integrity and reliability.
The combination of these factors reinforces the safety and legality of Parimatch in India. By choosing to place your bet with Parimatch, you can feel confident that you are not in violation of any laws.
Regarding licensing, it is important to note that the Parimatch website, along with its mobile site and dedicated Android and iOS apps, are fully licensed. Presently, the primary license through which Parimatch operates in India is the Curacao Gaming License (No. 87909) issued to Curaçao Interactive Licensing N.V. and Regulated by the Government of Curaçao.
Which States Parimatch Is Allowed or Banned?
Parimatch, a popular online betting platform, has differing legality across various states in India due to local laws and regulations. Although there are no federal laws in India specifically regulating online gambling and sports betting, each state has its own set of laws governing this area. This is because gambling falls under the jurisdiction of the individual states. As a result, different states have the authority to establish their own gambling laws.
Is Parimatch Legal in Telangana?
As per the Telangana Gaming Act of 1974, gambling is prohibited in this state. However, in 2017, this Act was amended and renamed as the Telangana Gaming Act of 2017. This latest amendment enforces a complete ban on both land-based and online gambling in the region.
Therefore, it is currently not advisable to access the Parimatch site from Telangana. However, the state authorities are reconsidering the decision regarding the ban on all forms of gambling activities in the state.
Is Parimatch Legal in Andhra Pradesh?
Andhra Pradesh and Telangana were a single state until 2014, known as Andhra Pradesh. Consequently, the Andhra Pradesh Gaming Act of 1974 shared similar laws with the Telangana Gaming Act of 1974. This Act prohibited land-based gambling.
Moreover, the Andhra Pradesh Gaming (Amendment) Act of 2020 imposed a ban on online gambling and sports betting. As a result, the Parimatch India site is not legally accessible in Andhra Pradesh.
Is Parimatch Legal in Karnataka?
Wondering if Parimatch is permitted in the state of Karnataka? Presently, yes, it is. Previously, as per the Karnataka Police (Amendment) Act, 2021, online gambling and online sports betting were prohibited, encompassing both skill-based and chance-based games.
Nonetheless, in February 2022, the Karnataka High Court invalidated this Amendment, deeming it unconstitutional. It outlined a distinct differentiation by affirming that skill-based games cannot be prohibited. Consequently, individuals from Karnataka are legally allowed to access Parimatch for online gambling enjoyment.
FAQ
✔️ Is Parimatch an Indian company?
No, Parimatch is not an Indian company. It’s an international online betting and gambling platform headquartered in Cyprus.
✔️ Is Parimatch safe or not for Indian bettors?
Yes, Parimatch is safe for Indian bettors. The platform complies with all the legal regulations of the regions it operates in, including India.
✔️ Is Parimatch app legal in India?
Yes, the Parimatch app is legal in India. The mobile app complies with all the jurisdictional regulations and is licensed under the Curacao Gaming License No. 87909.
✔️ Is Parimatch withdrawal safe in India?
Yes, withdrawing funds from Parimatch in India is safe. The platform employs advanced security measures and protocols to ensure the secure and fast processing of transactions.
✔️ Is Parimatch real or fake?
Parimatch is a legit betting platform with a well-established global reputation. It is licensed and regulated by the Curacao Gaming Commission, which attests to its authenticity and reliability.
✔️ In which countries is Parimatch legal?
Parimatch operates legally in numerous countries around the world, including but not limited to Cyprus, Ukraine, Tanzania, and India. However, the platform’s legality may vary depending on local laws and regulations, so it’s crucial to check your country’s specific guidelines.
