Its role is to regulate online gambling operations in Alderney, and it adheres to the highest international standards with a focus on fairness and transparency. It’s responsible for issuing licenses to operators in the region and supervising their activities.
As part of regulating operator activities, the Commission seeks to ensure that the customers of the gambling sites it licenses are protected and fairly treated. It requires all licensed operators to segregate customer funds from normal business funds.
Additionally, customers may use the AGCC for arbitration in a dispute with any gambling site in its jurisdiction.
There are two main types of license that the AGCC may issue. A Category 1 license is for Business to Consumer (B2C) operations and is for those organizations that provide their services directly to the end user.
A Category 2 license is for Business to Business (B2B) operations, such as software providers.
Nevada Gaming Control Board Agreement
In 2011, the AGCC entered a cooperation agreement with the Nevada Gaming Control Board, with a view for sharing information, knowledge, and skills.
This was considered a significant development in the online gambling industry, representing a major step towards international cooperation.