Who is Alderney Gambling Control Commission (AGCC)?
As you might have already cleverly gathered, Alderney Gambling Control Commission (AGCC) is a regulatory body located in Alderney. Established in May of the year 2000. If you have never heard of this Island, Alderney is located about 8 miles/kilometers from France and further 60 miles/100 kilometers from the United Kingdom. This Island happens to be the third largest in its cluster of British Channel Islands. It also forms a part of the Bailiwick of Guernsey.
Connected to Bailiwick of Guernsey means Alderney Gambling Control Commission also applies the same highest international standards of licensees and player protection as with leading commissions. The British Channels do not form part of the Crown (Great Britain) or even the European Union and recognized for some of the best offshore finance centers because Alderney has its own government. This island has its own laws and legislature that operate in the same fashion as insurance, banking and investment laws found in Guernsey. Plus, Alderney excels in e-commerce aswell.
Casinos that hold an Alderney Gaming License
There are certain requirements or rules in order to grant a Alderney Gaming License, following below:
Why Choose Alderney Gambling Control Commission?
Alderney has a large network of eGambling traffic over the rest of the globe, an impressive fact. Alderney Gambling Control Commission enjoys the advantages of having a transparent, low tax system. They provide an unrestricted, secure and resilient technical environment which operates by accessing the most important markets built from strong inter-regulatory relationships with operators.
Alderney offers to distinction licensing categories;
Category Number 1 – this license is designed specifically for operators with a direct contractual relationship with players. Therefore excluding the need for non-contracted operators and affiliates from this license.
The second category – this license offers more advantages over category 1. Category 2 license holders do not have restrictions to doing business just with Alderney license holders. They can supply any other operator regardless of location.
Responsible Gaming and Player Protection with Alderney Gambling Control Commission
Protecting players is an important function at Alderney Gambling Control Commission. Players get to set limits on spending amounts over a period of time. In addition to stating a maximum on losing amounts. Players can also limit the amount of gambling transactions and a period in which the player requests exclusion. License holders must adhere to these laws that prohibit them from accepting deposits from a player that requests exclusion.