Alderney tweaks licensing system

Alderney tweaks licensing system


The Alderney Gambling Control Commission has completed enhancements to its licensing regime following local government approval, and is now set to launch its new product in January 2010.

AGCC CEO, Andre Wilsenach, says that the changes will not imply a major change in regulatory approach but recognise the fundamental changes that are taking place in the eGambling industry.

"The new scheme seeks to make Alderney more compatible with other regulated jurisdictions in the world, specifically Europe, where the regulation of the business-to-customer relationship is moving towards the point of consumption," Wilsenach noted. "We will continue to enter into agreements with regulators in Europe and elsewhere, with the objective of facilitating regulatory cooperation and jurisdictional equivalence."

Mentioned in this article