Antigua forms new gaming association
The Caribbean country announced a new industry association.
Antigua.- Online gambling operators from Antigua announced that they created a gaming association to maintain a good relationship with local gaming regulators. The Antigua Leisure and Gaming Association (ALGA) will update its members on its new website.
Nigel Pigott, the Antigua entrepreneur, was chosen to be the first president of the association. He has experience in online gambling and banking industries, along with being manager go Playtech Antigua. ALGA will try to set a meeting with the government in order to draft a new Gambling Act to replace the one from 2007, which needs an update. Senate Minority Leader Senator Harold Lovell said that, even though he gave his support, he believes that the Act should present a stricter regulation towards the gaming industry.
The Antigua government had proposed a new gambling Act back in December that aims to regulate land-based casinos in the country. The Financial Services Regulatory Commission from Antigua requested a Gaming Sector Meeting, where four of the eight companies licenses to operate online gambling services in the country discussed the current situation. The new rules set a Gambling Authority Division that will be in charge of handling licensing and monitoring of all gambling in Antigua, including the online sector. According to the government, they propose an appropriate monitoring system and mandate monthly reports and/or data with fair costs in charge of the licensees.
