Explained: Alderney Gambling Control Commission (AGCC)
Alderney: a small island in the Channel Islands, with a population of less than 2,000 people. If you want to get there, you’ll face a rickety ride on a small propeller plane, or a sea journey on a small boat from one if its larger neighbours. Why, then, have some of the world’s biggest mobile poker companies swooped on this idyllic little island? And what exactly does the Alderney Gambling Control Commission do? Keep on reading, and you’ll find out answers to these questions, and many more…
Why Do Poker Companies Choose Alderney?
It won’t surprise you to find out that there is one motivation for choosing Alderney: money. After all, poker sites are international businesses, therefore they want to minimise their losses and maximise their profits. Alderney is known to be one of the best tax havens in the world, and when you consider the amount of tax poker companies would otherwise have to pay, moving there is therefore a highly lucrative decision.
So, what are some of the factors that contribute to Alderney’s status as a tax haven? Well, firstly there is no corporation tax, meaning that the profits of companies are not taxed at all. Compare this to the UK’s rate of corporation tax (over 20% for businesses earning £1.5m+) and you’ll see that this factor is by no means negligible. Now add the fact that there is no capital gains tax on Alderney either, as well as a maximum rate of 20% income tax (great for employees), then it is clear to see that when it comes to finances, Alderney is a great choice.
It isn’t solely money that causes some of the biggest and best poker sites to base themselves in Alderney though – after all, there are other places in the world that offer equally as attractive tax breaks. Company law is also incredibly conducive to running a great online business, making life easy for the companies and not requiring them to jump through hoops like other countries do. A couple of really important aspects of the Alderney Company Law that attract poker companies are the low set-up costs and the fact that the law is known to be incredibly flexible.
So, with great tax breaks for online companies, as well as a system that makes basing a company in Alderney easy, it’s no surprise that poker companies are flocking to this tiny island. But what does the Alderney Gambling Control Commission do for players though? You’ll find out next…
Alderney Gambling Control Commission: Protecting Players
While the Alderney Gambling Control Commission is great for companies, it is also equally good for the players playing at those sites. This is because it does a huge amount of work when it comes to protecting players online (including mobile players), and therefore ensuring that their poker experience is safe in all aspects.
Perhaps the most important function of the Alderney Gambling Control Commission is to thoroughly investigate the backgrounds of all the companies applying for a licence with them, therefore ensuring that they are reputable and won’t rip off customers. Aside from this initial vetting, they will also constantly assess the operations of the companies, making sure they are continuing to provide an honest and open service to all players. This includes working with the poker companies to audit their internal systems, therefore ensuring that the risks associated with gambling (both to the company and the player) are minimised. This means that they look at the security of the site carefully, to ensure third parties can’t access the information held there, as well as assess how well the companies protect both underage players and those suffering from gambling addiction.
The work of the Alderney Gambling Control Commission doesn’t end there though, as they are also involved with making sure the different companies represent themselves properly. Adverts for mobile poker companies are found all over the place – on TV, in print and online – and the commission ensures that these do not mislead the players, either accidentally or deliberately.
Finally, and importantly, the Alderney Gambling Control Commission is able to receive complaints from players about any of the poker sites it is responsible for. While poker sites are generally incredibly fair and honest, there is always someone with a complaint to make – usually because they’ve lost money and aren’t happy about it. Regardless of how serious or spurious the complaint is, the AGCC investigates it fully and will act appropriately if the player has a genuine grievance with a site. If you have an issue, we’d recommend contacting the poker site directly first. If they do not remedy the problem to your satisfaction, you can then contact the AGCC.
Which Mobile Poker Sites Use the AGCC?
There are a number of different gambling companies using the Alderney Gambling Control Commission, including some companies offering mobile poker. These are:
The list might not be as long as some of the other regulatory bodies, however it did also used to contain the mighty Full Tilt Poker. When they were enveloped in scandal though, their licence was suspended by the AGCC, as it should have been. They are now regulated by the Isle of Man Gambling Supervision Commission. There are also a number of poker companies regulated by the AGCC who do not currently offer mobile poker – when they start to offer it, we’ll add them to this list.
So, there you have it: a guide to the Alderney Gambling Control Commission. The one thing to take away from this page is this: if you see that a mobile poker site is regulated by the AGCC, you can be assured that they are perfectly safe to use and that their different poker games are fair. So, you can play in complete safety thanks to the hard work done by the people at the Alderney Gambling Control Commission!
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