Alderney's 19th Licence Goes To Wagerlogic
Published: Friday, March 11, 2005 Online-Casinos.com
ALDERNEY'S 19TH GOES TO WAGERLOGIC
WPT's new site approved, and a new
approach to cross-border online gambling
Alderney Gambling Control
Commission has issued its nineteenth eGambling licence to WagerWorks (Alderney)
3 Limited, for the operation of WPT Online.com in association with World Poker
Tour.
The Commission also reconsidered its position with regard to
cross-border gambling and resolved to adopt the following principles in this
regard:
- The Commission is aware that some countries have introduced laws to prevent
foreign e-gambling operators from offering gambling services in their
jurisdictions. Some of these laws relate to a genuine concern about the social
impact of gambling in general, while others have introduced such laws to protect
the local gambling industry. Irrespective of the rationale for such laws, the
Commission does not see itself as being responsible for enforcing the laws of
other countries;
- The onus is on the licensee to ensure that, at all times, he conducts his
business in a lawful manner and therefore to keep abreast of the laws of the
jurisdictions within which he conducts business;
- The Commission takes a keen interest in the legal actions involving its
licensees, irrespective of the jurisdiction, as it may affect the general
suitability of the licensee to hold a licence;
- The Commission supports a free-market approach towards egambling, which
means that it will not prevent its licensees from offering gambling to players
in other countries, whether it is e-gaming or e-betting; and
- The Commission is of the view that the egambling transaction takes place
where the egaming or ebetting transaction server and database are based. Hence,
the requirement that the egambling servers be based within the Commission's
regulatory jurisdiction.
Online Casinos - Online The Best In Online Gambling
