Alderney and Malta on Internet Gaming

30 September 2013 – By Jane Spiegel

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The international online casino market is becoming more and more competitive for gambling operators. As new markets are being opened every year, online gambling companies are competing to take a piece of the market. Malta and Alderney are two important gaming jurisdictions and many important names on the market have settled their headquarters in those two jurisdictions. In the past, Alderney-based gambling companies were tempted away to Malta because of the Mediterranean island’s tax regulation. But in present day, things have changed and recently, Alderney and Malta signed a Memorandum. The gaming regulators from these two jurisdictions have signed a Memorandum of Understanding with each other.

This MOU will allow the two gaming bodies to work together, investigate and learn about issues concerning online casino gambling. Investigations regarding online casino gambling, remote gaming services, cloud regulation, server location issues, player liquidity and many other topics will be shared by Malta Lotteries and Gaming Authority and Alderney Gambling Control Commission (AGCC) in order to their make their activity more efficient. AGCC’s CEO said the Memorandum of Understanding is an important step in the development and sharing of common regulatory best practices, including employee exchange programs, and common certification standards. The MOU will also help the two gaming bodies developing other practical and operative arrangements to reflect technological and other developments in the area. Also, the agreement will bring extra benefits to online casino operators in both jurisdictions as it will endeavor to reduce the amount of duplication and costs of doing business in the two jurisdictions.

Malta Lotteries and Gaming Authority‘s chairman added that with this memorandum, the two jurisdictions recognize they have common values and a mutual objective including consumer protection and the protection of society and public order. Gaming regulators from Malta and Alderney are known to regulate online gambling in such a way as to ensure fair, responsible and secure provision of gaming services. When it comes to assuring a safe environment for gamblers, the two gaming bodies admit that safety can be achieved through robust and comprehensive systems, mechanism and monitoring. Online casino players will definitely benefit from safe and premium services coming from operators located in Malta or Alderney.

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