Why you cannot click the Gamma watermark in PowerPoint
The Gamma watermark is not on your slide. It lives on the slide layout and slide master, which PowerPoint renders but does not let you select in Normal view. That single fact explains almost every failed attempt to delete it.
Normal view shows it but will not select it
PowerPoint composites three layers when it draws a slide: the master, the layout built on that master, and your slide. You can only click objects on the third layer. The Gamma badge sits on the first two, so it appears in the corner of every slide, survives Ctrl+A, ignores right-click, and cannot be dragged away. People routinely conclude the file is corrupt or locked. It is neither.
It is a shape carrying a gamma.app hyperlink
Structurally the Gamma badge is a shape with a hyperlink whose target resolves to gamma.app or gamma.to. Often it is a Picture shape with no text content at all, which is why searching the deck for the words "Made with Gamma" finds nothing. The hyperlink target, not the wording, is what identifies it unambiguously.
One object on the master, visible on every slide
Unlike the PDF export, where each page carries its own copy, the PPTX badge is placed once per layout or master and inherited by every slide built on it. A deck with several layouts can therefore carry several badge objects even though you only ever see one at a time.
The manual route exists and is tedious
View → Slide Master, find the Gamma watermark on the master and on each layout that shows it, delete each one, then close master view. It works. It also has to be repeated for every layout in every deck, and it is easy to miss a layout that only two slides use — which is why the Gamma watermark reappears halfway through a deck people believed they had cleaned.