Online gambling has a somewhat complex history, with the first territories that allowed this entertainment form being underdeveloped ones. Curacao, a Caribbean island, was right in the thick of it, launching its initial regulatory body – Curacao eGaming, in 1996.
Today, this country that functions with help from the Kingdom of the Netherlands has the Curaçao Gaming Authority or the Curacao Gaming Control Board at the helm of its gambling sector, and this organization licenses hundreds of operators. Maybe the most prominent of this batch is Dama N.V., headquartered in Curacao’s capital of Willemstad.
The Internet is now home to perhaps a hundred , with this entity continuously launching new brands, but also closing down unsuccessful ones.
Officially established in 2019, this operator is a subsidiary of the Allyant Group, which is a service provider based in both Curacao and Cyprus.
In the subheadings that follow, we dive into the birth of this renowned casino and sportsbook website owner, and how it attained the side position it enjoys today. Dama N.V. casinos
The Start & Foundation of Dama N.V.
As noted, this company got up and running in 2019. However, the reality is that the roots of this operator can be traced back to 2014, when it was initially founded as SoftSwiss N.V. Two years after its establishment, this entity underwent a corporate restructuring, and it changed its name to Direx N.V.
It essentially became a newly registered company that kept much of its old staff and management. In other words, the same operational network continued, but just under a new legal structure.
This was primarily done to create a separation between the SoftSwiss technology brand, which is now one of the most famous ones in the industry, and its casino operations.
SoftSwiss is a top B2B technology provider, and it delivers high-end betting and gaming solutions to companies that want to run online casinos and sportsbooks.
Even today, SoftSwiss and Dama are integrated economically, meaning they have overlapping infrastructure and staff, but are legally two separate entities.
SoftSwiss solutions power Dama N.V. platforms, and many of them feature much of the same options, games from identical providers, and equivalent payment options.
Based on the publicly available information, the managing director of Allyant Group, Nathaniela Kwidama, is also the principal of Dama, and Ivan Montik, the founder of SoftSwiss, is also considered a central figure of this iGaming and betting giant.
As already discussed, Direx got restructured to Dama, due to attempts to simplify ownership tracking of this operator’s site in Curacao, and update compliance and transaction processing relationships.
There are reports now that Novatrix SRL from Costa Rica is also part of the Dama ecosystem. Nevertheless, this has not been fully proven yet.
What are Top Dama N.V. Sites?
According to some estimates, at one time Dama ran over a hundred online gambling platforms, but newer evaluations state that this number has been significantly lowered to over forty, which is still considerable.
From that sizeable portfolio, without question, the most valuable brand that Dama owns and manages is BitStarz Casino.
This is one of its earliest platforms, functioning since 2014. It is one of the better-known crypto casinos out there, winning multiple respectable industry awards over its existence. It is a trusted site that prides itself on fast payouts, offering good-quality promotions, and excellent mobile optimization.
While BitStarz is the undisputed king of Dama’s catalog, 7Bit is the second most famous casino from this company, one that also debuted in 2014 and targets the crypto market as well.
It has more than six thousand titles in its lobby, and loads of innovative bonus offers, supplying VIPs with cashback through a comp-point system.
KatsuBet and mBit are likely to take the third and fourth spots on any list of top Dama sites, and they shift these positions based on preference. They differ in branding, with KatsuBet being the more game-rich platform and the younger one.
mBit has a longer track record of treating players correctly, going live around the same time as BitStarz and 7Bit, maintaining its sector place by catering chiefly to crypto gamblers.
To Wrap Up
Dama is a modern gambling holding company that, in truth, has gone through its ups and downs over the years, demonstrating more financial soundness than the majority of Curacao operators. It may experience another restructuring in the years to come, but it is likely here to stay for the long haul.
