Alderney is the third largest of the British Channel Islands, a group of islands that have long been regarded as one of the leading offshore finance centers in the world.
They are dependencies of the British Crown rather than being part of the United Kingdom, and as such they are self-governed.
In recent years, the region has become well known for its involvement in the online gambling industry.
As one of the gambling jurisdictions white-listed by the UK Gambling Commission, Alderney is an option for gambling sites wishing to offer their services to the UK residents.
Sites that are licensed in Alderney often host their servers and operations on another of the Channel Islands, Guernsey, which is permissible under their regulations.
Please see below for more details on online gambling in this jurisdiction.
The Alderney Gambling Control Commission, referred to as the AGCC, was established in May聽 of 2000 as an independent and non-political body.
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.
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.