The Executive Director of the Alderney Gambling Control Commission, André Wilsenach, has recently announced that he was going to support all companies affected by the implementation of the Point of Consumption Tax, which caused heated debates and disagreements between the UK-based gambling operators and regulators.
Back in 2014, the above-mentioned taxation method was put into force and all operators that wanted to be available on the UK gambling market and therefore, remotely provide their products and services, were required to have a particular license issued by the UK Gambling Commission but that was possible only after meeting certain requirements.
However, there was one detail that, deliberately or not, has been overlooked by UK gambling regulators. Regardless of the fact that they hold a license issued by the Commission, all operators, based within the jurisdiction of the Academy Gambling Control Commission need to have either a license or a certificate issued by AGCC, too.
Speaking of “double regulation”, Mr. Wilsenach said that he would do his best to prevent such a system from functioning. He also added that AGCC was planning to start applying a new method for monitoring operators that are currently accepting players based in the UK.
André Wilsenach went on to say that since the Point of Consumption Tax has been put into force, it is no longer necessary for both AGCC and UKGC to put so much efforts into protecting players.
He also added that the collaboration between UKGC and AGCC has always been useful but now, it is time for AGCC members to transfer their responsibilities to UKGC.
Yet, the fact that the operators will be monitored solely by the UK Gambling Commission does not mean that the stable relations between the two regulators are to be neglected.
Reportedly, the affected operators raised the question about the “double taxation” but their concerns have not been taken into consideration. However, André Wilsenach promised that the members of the AGCC will review the taxation method concerning the UK customers and the issue is expected to be promptly solved.
The licenses issued by AGCC and falling under Category 1 are determined in accordance with the Net Gaming Yield.
Actually, the gambling regulators are well aware of the double taxation issue, which was caused by the implementation of the Remote Gaming Duty back in December 2014.
That is why the AGCC representatives said that while making estimates related to the fees that have to be paid for license renewals, operators should not include NGY from UK customers.The exemption is valid for all operators that are holding a license in Alderney and are available for UK customers.
