October 23, 2010

Final draft of Jersey egaming law submitted this week

The final draft of Jersey's egaming legislation has been submitted to government officials this week and is expected to be implemented by February 2011 in a bid to make the Channel Island an attractive jurisdiction for online gambling companies.

Graham White, chairman of the Jersey Gambling Commission, told eGR that it has been approached by several European operators looking to acquire a second or third licence, although he refused to name which ones.

The new legislation is aimed at improving interconnectivity between jurisdictions, and is most likely to attract European companies looking for an additional licence. "I hope we will be able to compete on favourable, or more favourable, terms than any other egaming jurisdiction," White said.

Once the draft law has been checked by government officials and submitted to the state government and assembly, it will then be reviewed by a scrutiny panel. If it is passed by the scrutiny panel, it will be implemented by February at the latest.

Following the deployment of the egaming law, there is a possibility that the Channel Islands state lottery will gain an online offering in 2011. However, White commented that while this is a consideration, it is a complex one as there is debate as to who actually governs it. The Channel Islands lottery is the only commercial lottery allowed in the jurisdiction and was originally just for Jersey but was then extended to include Guernsey.

No comments:

Post a Comment