New Rules At Alderney Gambling Control CommissionPost-Full Tilt Requirement To Hold Customer Deposits Seperately Revealed |
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The Alderney Gambling Control Commission has amended its regulations for the 100 plus online gaming operators it licenses.
The new Alderney eGambling (Amendment) Regulations 2012 state that companies must hold customer deposits separately “in a bank account which exists solely for the purpose of holding, and holds only, funds standing to the credit of the licensees customers.”
However the AGCC, which famously came under fire for its handling of the Full Tilt Poker affair where the disgraced company claimed player funds were segregated when they were not, lying to the AGCC in the process, still may, at its discretion, waive the requirement to hold customer funds in a separate account.
Online poker operators currently regulated by the AGCC include BlueSquare, Unibet, Ladbrokes, Paddy Power, William Hill, 24hPoker, Pokerihoune, and Sportingbet.