The Alderney and Malta Gaming Authorities
Two of the foremost gaming authorities, Malta’s Lotteries and Gaming Authority (LGA) and the Alderney Gambling Control Commission (AGCC) opted for joint co-operation through a Memorandum of Understanding in October 2013.
This Memorandum of Understanding provides the framework for the co-operation between the two gaming authorities and addresses various possible issues and ensures to promote consumer protection and the public society in terms of fair, responsible, and secure gaming services. Both the Alderney and Malta Gaming Authorities are forefront leaders advocating the safety and security of gaming, regulating various casinos and gaming outlets all over the world.
What Is Under these Governing Bodies Control?
The Alderney and Malta Gaming Authorities regulate various activities that are related to gambling, and these include casinos, bingo games, remote or online gambling, sports betting, and national as well as other lotteries. All establishments offering these services will have to apply for the appropriate licence with the relevant gaming authority. Licences are issued according to various classes, dependent on the type of gaming involved. Licences, as is the case with the Malta Lotteries and Gaming Authority, are generally issued for five years, after which they may be renewed for another five years.
Through deciding to act together, the Alderney and Malta Gaming Authorities have acknowledged that online gambling has moved to the fore and the increased development of technology has been met with new requirements for licensing and ensuring that standards of fairness and security are kept in mind, both for the players and casinos. The authorities have admitted that acting together and co-operating in international affairs will keep the standard of regulation satisfactory.
Benefits of Licencing
Both the Alderney and Malta Gaming Authorities offer various incentives for gambling establishments to be licenced through them. The Alderney Gambling Control Commission, for example, offers an Alderney Internet betting licence that offers gaming establishments the opportunity to qualify for tax exemption where they do not have to pay income tax, and they also exempt establishments from sales taxation and other usual gambling taxes. The Malta Gaming Authority also takes a pro-active approach to the gambling industry, offering constantly updated regulations, schemes, and favourable hosting conditions to entice licencing and keeping Malta at the forefront of the gambling authority world.
Why Licencing Is Important
By setting a certain industry standard for both land-based gambling establishments as well as online casinos and other gambling operators through the implementation of relevant licences, the Alderney and Malta Gaming Authorities ensure the safety and security of the gambling industry. They ensure that players find their casino operators, such as Australian online poker to be fair and trusted and discourage any foul play. In addition, they provide casino operators with a stamp of approval that keeps their gambling sites and establishments updated in terms of technological and legal requirements. Together, the Alderney and Malta Gaming Authorities provide a network of trust to keep the gaming industry afloat.
Safety, Security, and Functionality
The Alderney and Malta Gaming Authorities have both the players and the gaming operators in mind, and any licences issued come with a certain set of non-negotiables to ensure fairness, security, and player experience. These issues include fraud prevention, the functionality of games provided, risk management, player support, and effective payment solutions. The licences are not prescriptive in terms of marketing, technical services, telecommunications, fees, staff costs, and other administrative costs.