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Alderney Gambling Control Commission (AGCC) is one of the most reputable regulatory bodies in the iGaming scene. It has been in the business since May 2000. This self-governing body is consists of experts in the field of online gaming and licensing. As a result, AGCC is the name that most bettors, as well as online betting site trust. It is also a part of the respected UK Gambling Commission and regulates some of the biggest online betting sites.
Types of Licenses You Can Get From AGCC
AGCC offers different types of licenses. If you wish to apply for an Alderney online gambling license, you must first determine the focus of your business. Then, choose which of the following is suitable for you.
Category 1 License (Business-to-Customer)
Get this license if you work directly with clients or bettors (B2C). It covers all the preparation of players before and after betting. First on the list is the registration and verification of player accounts. In addition, this license covers contracting and managing player funds.
Category 2 License (Business-to-Business)
This license is perfect if you are working with game providers, casino software, and more (B2C). In other words, it focuses on all the areas of offering games and other betting activities. These involve the effecting of gaming transactions of betting sites that are within Alderney or Guernsey.
Main Requirements AGCC Licensees Must Comply With
Getting an AGCC license gives you several advantages. First off, you gain access to new markets, such as Alderney itself. You can also pick from different types of licenses tailor-fit to your business. But before you can enjoy these perks, you need first to provide the following requirements:
- Alderney business registration
- Corporate details
- Recent audited accounts of your fund sources
- A business plan containing info about your software providers, equipment certificates, and more
- Litigation details involving the business (if any)
Your application will be processed immediately after you send all these requirements. Just note that the waiting time will depend on the structure of your betting site.
In addition, the application process is separated into three areas—suitability, fair games, and adequate process. The approval process for each area takes about 60 to 70 days.
Bettors and casino operators do not entrust their games and operations AGCC for nothing. As one of the trusted licensing bodies, it offers appealing perks such as access to new markets, safe betting, and top-notch services.