Gambling Webhosting and Licensing

Monday, 27 August 2012

Online gambling - jurisdictions - Alderney

Alderney gambling licenses

Alderney is the most northerly of the Channel Islands. It is part of the Bailiwick of Guernsey, a British Crown dependency. It is 3 miles long and 1.5 miles wide.

Corporate tax: 0%
Gambling tax: 0%


The British Channel Islands are often considered to be among the world's leaders in off-shore finance. Although these islands are dependencies of the Crown, they are not subject to or part of UK or EU legislation. This has allowed the Channel Islands to act independently, and this prompted Alderney to set up the Alderney Gambling Control Commission in 2000.




Who manages E-Gambling in Alderney?
E-Gambling is managed by AGCC, a non-political, independent body regulating Electronic gambling on Alderney's behalf.

Overview:
In 2005 the rules where changed allowing licensed gambling operators to accept bets from players all around the world, this included the US at the time!

The local harbour:



Minimum Share Capital for an iGaming Company
£2

Security Requirements / Indemnity for Player Deposits
A variety of mechanisms are acceptable commensurate with the Business Plan and commercial performance of the operator.

Licence Fee
£70,000 per year in lieu of all taxes (currently under review with a view to reducing the cost for start-up/smaller operators). 

Licence Length
One year 

Software Testing Requirements
Yes. Technical standards are published by AGCC.

Reporting Requirements to Regulators
Periodic financial reports are required. 

Anti-Money Laundering Policy
All operators must comply with AML legislation in force. 

Country Restrictions
No restrictions. 

Contact Details
Head of e-Commerce Development
Alderney Gambling
State of Alderney
PO Box 1, Island Hall,
Royal Connaught Square
Alderney
British Channel Islands
UK
GY9 3AA

Tel: +44 207 993 8564
Email: info@alderneygambling.com

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