Alderney is the northern most of the Cannel Islands and is a autonomous British Crown colony. The Alderney Gambling Control Commission was established in May of 2000 under The Gambling (Alderney) Law, 1999. The Commission, which is an autonomous and non-political organization, controls electronic gambling in support of the state. In 2006 the some new conditions were initiated into its decree furnishing it the current viewpoint. At present, Alderney is a top online gambling jurisdiction.
The task of the Commission is ” To guarantee and uphold the honor of the electronic gambling industry in Alderney.” It seeks for doing that by making certain that electronic gambling is performed genuinely and justly; the entire features of electronic gambling, comprising funding, stays free from wrong authority and the concerns of the players are always protected.
The Commission is busy in frequent conversation with distinct regulatory organizations at an global stage. It is an affiliate of the Gaming Regulators European Forum (GREF), and the International Association of Gaming Regulators (IAGR). The Commission also acts directly with distinct law enforcement organizations, especially in the control of gambling and the preclusion of monetary offense.
The Alderney Gaming Control Commission subject four types of certifications, which are full eGambling licenses, associate certificates, hosting certificates and restricted use eGambling licenses. The full eGambling license lets the holder to perform gambling dealings concerning any style of wagering, gaming and chipping in any lottery. The annual fee for this type of license is GBP £70,000. The applicant must also bear the entire price tag of the original investigations. The issuing of a certificate is a two-way route. The original stage is branded as license application and comprises seven stages. These include making a company listed in Alderney, issuing a Notice for the application of a certificate, submitting the application documents, dialogues with the Commission’s officers and inspection by the officers. The last two stages comprise appraisal of the business plan, the management executives, the software providers and the corporate bodies. The next phase can be performed in chorus. It comprises the authorization of the in-house regulation scheme and the gaming software according to the rules and requisites of the commission and with the participation of independent assessors if necessary.
Even after the certificates are issued the Alderney Commission prolongs to control the operations of the licensees. One major field in this regard is player security. Steps taken in this concern include considering grievances by upset players and confirming that the licensees are taking ample steps to avoid minor gambling, to address trouble gambling and to inspect customer grievances.
There are 41 full licensees in the Alderney jurisdiction. The standing of these licensees in the online gaming industry reasons the status Alderney enjoys. The licensees comprise PKR Limited, Full Tilt Poker, William Hill, Virgin Games and Paddy Power.