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Kahnawake Gaming Commission Deal With Antigua
6/18/10 - The Kahnawake Gaming Commission and the Financial Services Regulatory Commission for Antigua and Barbuda, two sovereign online gambling licensing jurisdictions, have jointly announced a new working relationship.
The Memorandum of Understanding signed by the organisations this week builds on a previous agreement on the exchange of licensing information, and establishes a relationship through which an operator with a primary license in either of the two jurisdictions can apply to the other jurisdiction for inter-jurisdictional authorisation.
This means that the operator can be hosted in either jurisdiction, but will be regulated by the regulatory body that issued the primary license.
The holder of an “Inter-Jurisdictional Authorisation” will be entitled to be hosted in either jurisdiction, the statement notes. The regulatory body that issues the “Primary Licence” will regulate and supervise all of the operator’s activities within both jurisdictions.
The statement explains that the new MOU is designed to recognise the inter-connectedness of remote gaming regulators – providing operators an unprecedented degree of flexibility for their licensing and hosting needs – while respecting the independence and international obligations of each jurisdiction.
The agreement comes into effect 90 days from the date of signature, to allow each jurisdiction the time to complete the necessary amendments to its regulations.
In May this year The KGC inked a Memorandum of Understanding with the Alderney Gambling Control Commission, setting up an “…efficient and reasonable channel for the exchange of information and material with respect to past, existing and prospective licensees for the purpose of ensuring effective regulation between both jurisdictions.”
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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