Over the last five years the online casino gambling industry has immensely benefited from the strict regulatory standards of the British Channel Island and States of Alderney.  Now - keeping with their fine reputation, not to mention keeping up with the UK Gambling Act - Alderney announced on Wednesday of this week that the e-Commerce development division, being advised by the Alderney Gambling Control Commission, they have completed a groundwork revision of their online casino and gaming laws.

The revision essentially amounts to an entire rewrite, considering the original, fundamental procedurals were being buried by updates and modifications to the regulatory laws over the previous five years.  The new law is a synthesis of previous online casino ordinances, but with modernized licensing options presented in a more simplified manner.  The regulations themselves have been broken down into three distinct provision, which will be overseen by Alderney's Gambling Commission.

The first provision, or section, is regarding the the nature of the full online casino license, which now single-handedly governs online poker rooms, internet-based lotteries, online casinos and sportsbooks, regardless if operated from a mobile platform, online, or any other platform.  The license has an annual fee of £70,000, and has a grandfather clause for online casinos already licensed in Alderney, which means these sites will still be permitted to receive benefits of the new regulations, which include the absence of casino gambling taxes and duties.

The second part of the regulations deals with responding to future changes that will be necessary in keeping up with the evolving online casino gambling industry.  Rather than submitting amendments to the Alderney legislator (which could take at least three months to finalize), the Alderney Gambling Commission is in charge of writing all regulations, which now inherently facilitate updates by including operational provisions in the regulatory law itself.

The final component of the regulations includes a provision for a restricted-use online casino gambling license.  Keeping with the requirements that all online casinos and gaming sites must abide by in terms of game fairness and customer relations, the restricted license is simply for operators who want to operate mirrored online casino sites from within the Alderney jurisdiction while still operating in a locale other than Alderney.  This license would permit online casino operators to use e-gaming equipment in Alderney (when needed) for a daily fee, rather than the annual fee imposed on normal casino licenses.  This system is designed to allow online casino operators to still operate in case of server crashes (for those operators who do not have duplicate back-up servers).

The Alderney Gambling Commission is very confident the new regulations will continue to attract online casino operators and boost the popularity and legitimacy of the internet gambling industry even more.  The commission further contends that current operators will be pleased with the new framework.