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Keeping Online Gambling International

Tuesday February 10,2015 :  KEEPING ONLINE GAMBLING INTERNATIONAL

The growing number of nationally restricted licensing jurisdictions poses interesting questions on the future of independent licensing entities....here's how one such body is approaching the problem.
 
The growing number of nationally restrictive licensing jurisdictions, especially in Europe, presents online gambling operators who are internationally oriented by the very nature of the internet with difficulties related to licensing and duplicative costs.
 
While the trend towards government-mandated licensing regimes in individual countries may appear to threaten the business of independent jurisdictions that have developed in places like Malta, the Isle of Man, Antigua and Alderney, it has also served as a spur to innovation and cooperation.
 
One of the longest established and well-known of these global licensing entities is the Kahnawake Gaming Commission, located on First Nation land close to Montreal in Canada, which points out that many - if not most - operators want to carry on business from more than one jurisdiction, but are reluctant to duplicate lengthy licensing processes with high attendant costs.
 
The KGC's response to this reality is the creation of a new licensing category it titles "Inter-Jurisdictional Authorisation".
 
Operators seeking such an extension of their licensing from a recognised authority must provide proof to the Commission that they are bona fide licensees from a primary jurisdiction that regulates and licenses online gambling and has subjected the applicant to professional inspection and assessment.
 
Because the Commission recognises that operators have already met acceptable standards demanded by the primary jurisidiction, it does not needlessly duplicate these requirements, saving operators both time and money.
 
A KGC spokesperson says that a one-time application fee of $2,000 is required from the operator. together with an annual licensing fee of $10,000.  There are no other fees, taxes or costs payable, and the average turnaround time from application to issue of an inter-jurisdictional licence is just on two weeks.
 
The Kahnawake licence extension remains valid for as long as the annual fees are paid and throughout the duration of the operator's original licence with the primary jurisdiction.
 
Operators taking advantage of the scheme are entitled to host all or part of their activity in the Kahnawake Mohawk lands close to Montreal in Canada , where sophisticated hosting and technological services are available.
 
The KGC points out that the primary licensing jurisdiction remains principally responsible for regulating the activities of the operator, and the Commission does not duplicate the original regulator's role in compliance requirements.
 
Further, unless a complaint relates directly to the hosting services provided under the KGC offer, the Commission will not entertain the use of its respected dispute resolution services by players with a complaint against an operator, who should be referred to the primary jurisdiction.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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