The Alderney Gambling Control Commission is going to change its licensing cost structure for companies that operate in its jurisdiction from a flat rate to a three-tiered structure based on net gaming revenues.

The current flat-rate €70,000 annual fee is being dropped for a system that is more beneficial to smaller companies and those just getting started.

The new structure will assess an annual fee of US$57,214 for companies generating less than $1.6 million in net gaming revenues; $114,429 for companies generating between $1.6 million and $8.1 million; and $228,858 for companies generating more than $8.1 million.

There has been some opposition from the companies that generated more than $8.1 million, but the AGCC is moving forward and expects to implement the new pricing system in the next few weeks after they are approved by the Alderney government.

By GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.