Jurisdiction Unveils New Licensing Framework

Following a detailed study, the Alderney Gambling Control Commission used last week’s Gaming Executive Summit Europe 2009 event in Madrid to unveil a new licensing framework.

The jurisdiction’s new framework separates operations into two distinct areas, business-to-business and business-to-consumer, with each now requiring a separate licence.

The Alderney Gambling Control Commission revealed that it is defining business-to-consumer as an entity that has a relationship with the player while business-to-business is an operation that effects gambling on its platform. The regulatory body stated that issuing separate certificates would allow it to tailor its licences to suit the specific needs of each gaming company.

“We conducted a detailed study of the industry and the regulatory landscape, both of which are changing very rapidly, and we felt it timely to take a fresh look at our licensing framework,” said Andre Wilsenach, Chief Executive for the Alderney Gambling Control Commission.

“There were several key developments that influenced our thinking. First, the emergence of new regulations and licensing regimes in Europe and further afield, a trend we can only see increasing. Second, the entry to market of media companies who are new players in the eGambling industry. We are also seeing increasing numbers of specialist service providers and a growth in network gaming.

“All of this calls for a new approach to deal with the technical requirements and business models in evidence. We were also keen to strengthen our regulatory oversight on games and services not necessarily delivered from our jurisdiction in order to provide a high level of robust player protections.”

”We are confident that we have created a framework that fits perfectly with the current and future development of this dynamic industry and we are looking forward to working with operators and, importantly, other regulators in protecting the player.”