Online Gambling Keeping Alderney Working

Published Tuesday, January 07, 2014 -
Online Gambling Keeping Alderney Working

The European online gambling market is lucrative for the governments of a few smaller jurisdictions that may be small in actual size but globally well connected and stable.

An economy that has invested in high tech online gambling has reaped the benefit of those employed in the industry.

Governments all over the world are solidly committed to continuing the use of the taxes derived from gambling for social purposes and a better standard of living.

One good example of the location location idea are the Channel Islands off the coast of Normandy. One of these islands is the most northerly of the Channel Islands is Alderney.

The island is home to the The Alderney Gambling Control Commission which was created in May of 2000. The Commission, consisting of the Chairman and three members, is independent and non political, and regulates online gambling on behalf of the States of Alderney. The Commission ensures that its regulatory and supervisory approach meets the very highest of international standards.

The British Channel Islands are self governing dependencies of the Crown, they are not part of the United Kingdom, and are not part of the European Union.

The Channel Islands are recognised as one of the world's leading offshore finance centres and have in recent years established themselves as e-commerce centres of excellence. There is a great deal of investment in the infrastructure to operate a network that offers reliable and high capacity links to the UK, Europe, the USA and Asia. It a perfect place to be to utilize the location as well as the links to operate an online gambling or as they put it in Alderney e commerce business.

Alderney licensees are by law permitted to take advantage of the modern hosting facilities and reliable telecommunication networks on both Alderney and Guernsey. Alderney is approximately 8 miles from France and 60 miles from mainland Britain. It has its own government, legislature and company laws and operates with the same modern banking, insurance and investment laws as Guernsey.

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