• Alderney introduces new eGaming legislation

July 12 , 2006 – Alderney has announced that it has completed a review and revision of its legislative framework under which it regulates the eGambling industry and implemented a number of changes, including a single eGambling licence, operation of licenses being administered by the island's Commission and the introduction of a new Restricted Use eGambling License. Robin Le Prevost, the recently appointed head of E-Commerce Development for the jurisdiction, said: "We have over the years, like many other jurisdictions, modified our laws to cater for the very fast changing eGambling industry. But we realised that as those changes began to add layer upon layer there was a danger that the fundamentals could become submerged." He went on to explain the new framework in more detail: "Firstly we have created a single eGambling licence which caters for all activities and is transparent from a technological perspective. Increasingly operators provide their customers with one or more [service] and no matter how you operate whether solely on the Internet, mobile or any other medium it can now all be done under a single licence for one single licence fee for an all inclusive fee of £70,000 per annum. "Secondly, all provisions related to ongoing operations of licensees, which were previously contained in the Ordinances and which required Government approval to be amended, have been dropped down into Regulations, which is administered by the Commission. This implies that, any changes required because of market and technical forces can be affected quickly and pragmatically. In doing so, we also took a good hard look at all the checks, balances and processes we have currently and many have been simplified and modified to make them less burdensome. "And finally, we have introduced a new type of licence, termed a Restricted Use eGambling Licence. Rather than go down the prescriptive and narrow route of Disaster Recovery legislation we have brought in the ability to grant Restricted Use licences for those operators who want to operate a mirrored site from within the jurisdiction, while primarily operating elsewhere in the world. The terms for this licence are identical to that required for the Full eGambling licence so as to ensure that we do not compromise our standards and quality of licensees but there are major concessions on the fee and the need to incorporate an  Alderney Company. The effect of this licence is that the operator can utilise his equipment hosted in the jurisdiction whenever required and for whatever purpose in exchange for a daily fee.  Should the operator decide to operate from the jurisdiction for an extended period of time, they can simply and swiftly turn the Restricted Use eGambling Licence into a Full eGambling Licence and of course switch to the annual licences fee basis."

> Read the full story here Source: Ateonline.co.uk

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