How Alderney Became The Jurisdiction Of Choice For Online Casinos

26 September 2016 2 minutes to read
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Come to think of it Alderney just had four gaming licenses in 2004, but since then more than 100 licensed operators decided to ply their trade from here. It has more online regulatory agreements in place than any other jurisdiction in the world. I guess it’s safe to say that Alderney has become the jurisdiction of choice for most operators.pkr-300x250

Alderney’s main thrust revolves around its platform operators who provide services to B2C businesses and to other third parties. The jurisdiction’s Director of eCommerce, Susan O’ Leary said: ”During the past four years we have signed up most of the biggest internet gambling sites which takes on players from the UK and Europe.”

 

Why Alderney Is The Jurisdiction Of Choice

O’ Leary continued in the same vein and jotted down 5 reasons why she thinks Alderney is one of the largest jurisdictions in the world when it comes to issuing eGambling Licenses:

  1. Alderney helps operators to gain access to the most important markets.
  2. The jurisdiction builds strong inter-regulatory relationships that stand operators in good stead.
  3. The tax system on the island is transparent and very low.
  4. It provides an unrestricted, resilient and secure technical environment.
  5. Last but certainly not least it’s a great place to live and work.

One of the main reasons why Alderney is a sought after jurisdiction is because it’s a very ‘cost-effective’  base by introducing new changes to its fee structure.

spinprive bon”We have reduced the cost of Category 1 (B2C) and 2 licenses (B2N) for start-up and new online casinos moving to the jurisdiction from £35,000 to £17,500 for the first 12 months.” Susan O’ Leary

With its unique fee-based system instead of a ‘tax and duty’ one it’s the perfect location for any operator that wants to improve its player base and it’s business model. Online casinos licensed in Alderney operate under the ambit of the British Gambling Commission.

They have the necessary responsible gaming tools in place, all wins especially those from progressive jackpots are paid out in one lump sum instead of installments. Also, they offer robust game libraries powered by different vendors, sign on bonuses to new players and a superb retention program laced with comps and cash back incentives.

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