The Alderney Gambling Control Commission (AGCC) is about to change its licensing cost structure for companies licensed in the jurisdiction, eGaming Review can exclusively reveal.
The AGCC currently operates a £70,000 annual flat rate for operators and suppliers licensed on the island. The new structure would be based on the amount of net gaming revenues generated by the licensed companies and would be split into three cost brackets:
- £35,000 per annum for companies generating under £1m in net gaming revenues (NGR)
- £70,000 per annum for companies generating between £1m and £5m in NGR
- £140,000 per annum for companies generating more than £5m in NGR
Although the new measures would also encompass a raft of new technical and financial changes, the driving idea behind the plan is to encourage start up companies and smaller egaming firms to set up or get licensed in Alderney and allow them to manage their costs as they grow. The move is also intended to provide further competition to Malta, which has been signing up licencees in large numbers in recent years.
The AGCC held a consultation meeting with around three quarters of its licensees in the past few weeks to discuss the plans. eGaming Review understands that despite some resistance from the companies generating more than £5m NGR, the plans will go ahead once the Alderney government has approved them in the next few weeks.
The AGCC issued an official statement when contacted by eGaming Review: "The Alderney Gambling Control Commission can confirm that a number of proposals and amendments to its e-Gambling regulations are under review and that the scope of that review includes the framework and the fee structure. The AGCC are currently in a consultation process with interested parties including its licensees and not least the States (Government) of Alderney. It would be inappropriate to comment further until that consultative process has concluded and firm proposals, if indeed any proposals at all, are placed before the States of Alderney for their consideration."
