Alderney has been regulating online gambling for more than 13 years and during that time has built an enviable reputation based on know-how and innovation.
NOW boasting a glittering collection of some of the world’s leading companies, Alderney has firmly established its position in the online gambling landscape.
The licensing framework in Alderney is renowned for its simplicity and appropriateness with just three key ingredients: - Category 1 Licence - which covers all the functions associated with the recruitment of players, their verification and the management of their deposits. - Category 2 Licence – which covers the technical platform and the games embedded within it. - Associate Certificate - which covers games developed by third parties and which can then be installed onto the platforms covered by a Category 2 Licence. With these three elements, all business models can be covered and it is important to realise that the business model comes first with licensing second.
For instance an “integrated” operator who runs their own platform and markets directly to players, thereby registering them, taking their deposits and providing the game play, will require both Category 1 and 2 licences. Whereas a B2B operator who provides services (game play) to a retail operator, need just apply for the Category 2 licence. An operator which has a database of players but outsources the technical aspect (games) to specialists requires just the Category 1.
Read the full article in the latest issue of iNTERGAMINGi.
