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Alderney: licensing regime has changed

November 2, 2009 2009

Alderney Island has just adopted a new licensing scheme for gambling operators

This new legislation should put the State of Alderney in position to build relationships with the EU and others countries. The reputation of the Island of Alderney is from now on strengthened by this act. Alderney is also known as one of the largest operational base for eGambling in the world and appears to become a more transparent jurisdiction. This transparency is recognized by the OECD who has put Guernsey and Alderney on a white list.

The process of applying for a licence and information regarding the licensees and player protection are managed by the Alderney Gambling Control Commission (AGCC). The new licensing scheme will be available for operators at the very beginning of January 2010.

The new framework was drafted to make the legislation more compatible with the European regulation. That is why the AGCC has announced its interest to consolidate agreements with European regulators. Facilitating regulatory cooperation and jurisdictional equivalence is one of the objectives of this authority. The government approach is clearly to open the way to a stronger cooperation between Alderney and the UE in the gaming sector.

Thibault Verbiest

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