Given the speed of development of gambling on the Internet, the question of reliability and transparency of this business is very relevant. Really remote gambling causes quite a lot of doubts, so players should be confident in online casinos. This confidence is guaranteed by a gambling license. There are quite a few different organizations that regulate and license the activities of online gambling establishments. But each of them has its own pros and cons.
Today we offer you an overview of the Alderney jurisdiction, it is generally accepted that licenses obtained in this jurisdiction provide players with the highest level of protection of their rights and the integrity of the gaming process.
The Current Licenses & Certificates section provides information about companies, including online casinos and slot machine developers, licensed in Alderney. Users can see the category of license and the official address of the site where the licensed company is located. This section also provides information about the suspension of the license.
More than 30 companies are licensed by Alderney, and more than 50 online casinos operate under this gaming license.
Alderney is an island in the Channel Islands and a Crown Estate of the British Empire. It has an area of only 7.9 square kilometers and a population of barely over 1900. The main currency is the Alderney pound, equal to the British pound.
Naturally, with such limited opportunities for economic development, the island's government has made the only right decision to generate revenue - the territory of Alderney is perfect for doing business due to the offshore zone's tax benefits and other advantages.
The Gambling (Alderney) Act was drafted and passed in 1999, and a special commission was set up in May 2000 to oversee and regulate gambling.
To operate in the jurisdiction, companies must obtain one or more types of licenses, depending on their line of business:
The jurisdiction's licensing costs range from £17500 to £400,000. It is worth specifying that the annual fee for a gaming license depends on the company's net income. And the cost is quite adequate. For example, companies with a net income of less than 500,000 pay 35,000 pounds sterling, and companies with income from 5 to 7.5 million pay 130,000 pounds sterling. The processing time for applications takes up to 70 days.
The Alderney Gambling Control Commission is a non-political and independent organization dedicated to regulating gambling within the state. It consists of a Chairman and three members.
The main objective is to protect and enhance the reputation of Alderney as a regulatory jurisdiction. To do so, the Commission adheres to the following basic principles:
The Commission is adopting the experience of other jurisdictions in this area. For example, Alderney works closely with the British Gambling Commission, the Nevada Gaming Control Board, and the New Jersey Division of Gaming Control.
By adhering to these principles in its work, the AGCC has achieved a high reputation among players as a good licensee. Of course, in part, this all sounds rather pathetic and implausible. Let's evaluate the results of the Commission's work in a more down-to-earth way. There are several aspects that not only inspire confidence among players but also attract companies to obtain a gambling license.
Why do companies get an Alderney license? First of all, it is quite justified and relatively low cost of gambling license. And of course the absence of taxes.
Why do players value the Alderney Commission? AGCC always conducts a pretty thorough review of player applications. It's worth noting that one of the requirements for licensees is the segregation of operating costs and customer funds. Simply put, players' money is kept separate. That is, they are protected as much as possible from various force majeure circumstances.
While evaluating the procedure for handling player complaints, the Casinoz team was surprised by such a "meticulous" approach. Let's describe the most important characteristics (rules) when dealing with appeals from casino customers to the regulator.
When a dispute arises between the player and the casino, the player must initially send a request to the institution. If the gambler is unsatisfied with the casino's decision, he or she can file a complaint with the Alderney Commission using a particular form on the regulator's official website.
When receiving the player's appeal, an employee of the Commission contacts the client and the casino and proposes ways of resolving the issue. If no agreement is reached, the complaint is referred to the Commission's director. According to the regulator's regulations, the director must conduct a detailed analysis and decide on the dispute. If the parties agree, the decision is final.
Generally, up to this point, the complaint-handling procedure is quite similar to the process adopted in other respected jurisdictions. However, the most interesting part begins if the casino or player disagrees with the director's decision. In this case, the complaint is sent to a hearing. We warn that the process is quite costly from a financial point of view, and it should be resorted to if one of the parties is fully convinced of its rightness and has the necessary evidence. At the end of the complaint hearing, the losing party must fully reimburse the client, licensee, and commission. It should be noted that the Commission's review of complaints is quite adequate, and all nuances are considered.
There are a few basic requirements for a company to obtain a license:
The application process is conducted in several steps. Initially, the committee reviews the application form submitted by the company. Next, a meeting is scheduled to review the business plan and other documentation.
If a positive decision is received from the Commission, the company will not be able to start its activities immediately. It will need to approve:
After all procedures are completed, the company (online casino) can accept players in its establishment.
The Alderney Gambling Control Commission is a rather serious organization that imposes high requirements on licensed companies. Moreover, great attention is paid to protecting the interests of the player. That is why Casinoz believes that this jurisdiction's license is currently one of the best guides when choosing an online casino.
Olderney is a small island in the Channel Islands, part of the Channel Islands. It is a self-governing territory under the protection of the UK, but is not part of the UK or EU. The population is around 2,000.
The Alderney Gambling Control Commission (AGCC) is responsible for regulation. It is an independent regulatory body established in 2000.
AGCC mainly focuses on the regulation of online gambling, including online casinos, betting, poker, bingo, and lotteries.
The Commission issues two basic types of licenses: Category 1 for operators interacting with players and Category 2 for software and hosting providers.
Key requirements include the financial stability and transparency, integrity of games and random number generators; protection of vulnerable players and minors, anti-money laundering measures, data security, and player protection.
The Alderney license is considered one of the most prestigious in the online gambling industry because of its strict regulatory standards, thorough audits of operators, and reputation for reliability.
Alderney licenses are widely recognized and respected in the industry. Many countries allow Alderney licensed operators to operate in their markets.
Regular audits and inspections of licensees;
Investigation of player complaints;
Possibility of fines or license revocation;
cooperation with other regulators.
High reputation in the industry;
Access to many international markets;
Alderney's tax advantages;
clear regulatory environment.
Relatively high cost to obtain and maintain;
strict compliance requirements;
need to be physically present on the island.
AGCC actively cooperates with regulators from other jurisdictions, exchanges information and best practices, and participates in international forums on gambling regulation.
AGCC provides an open registry of licensees on its official website where you can check the status of any operator.
License types | Category 1 , Category 2 , Core Service Provider Associate Certificate , Hosting Certificate , Temporary eGambling Licence , Key Individual Certificate , Category 2 Associate Certificate |
Licensing Authority | Alderney Gambling Control Commission |
Name | Alderney |
Site languages | English |
Website | https://www.gamblingcontrol.org/ |
Post address | The Alderney Gambling Control Commission St Anne’s House, Queen Elizabeth II Street, Alderney, Channel Islands, GY9 3TB |