Alderney Gambling Control Commission Signs Information Agreement

Published Thursday, February 02, 2012 - Online-Casinos.com

In the news there is a recently signed agreement from the Alderney Gambling Control Commission (AGCC) to share information and expertise with another regulator.
The Alderney Gambling Control Commission was established in May 2000. The Commission, consisting of the Chairman and three members, is independent and non political, and regulates eGambling on behalf of the States of Alderney. The Commission ensures that its regulatory and supervisory approach meets the very highest of international standards.

Recently, the AGCC agreed to a memorandum of understanding (MOU) with the Alcohol and Gaming Commission of Ontario (AGCO). According to a statement from the AGCC the agreement, “provides for the exchange of information; cooperation during investigations and inspections, where appropriate; as well as developing initiatives in the areas of common standards, requirements, testing protocols and other matters that will enhance integrity, consumer protection, public confidence and anti-crime measures.”

Already having MOU’s in place with regulators in Denmark, Nevada and Kahnawake Alderney has said that the latest deal with Ontario has been arranged in order that they can help the province to develop an online gaming solution. Soon to open its online gaming site later this year in Ontario, the AGCC said that it has interjected its involvement so the “hold standard” of social responsibility is met and players are protected.
Not wanting to be criticized for mishandling as in the Full Tilt Poker calamity, the regulator is still the subject of an external review. Many demanded explanations and answers to their questions wondering whether they should keep licences with the regulator.
The agreement is an improvement and an opportunity to do things with positive results, at least improved over the situation that happened in the province of British Colombia. Perhaps, there is a lesson for anyone following the footsteps of BCLC, namely to acquire the services of a reputable European company, to guide them through their initial stages of setting up. Ontario may have started off on the right foot.

 

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