International edition
June 19, 2021

Post-Full Tilt requirement to hold customer deposits seperately revealed

New rules at Alderney Gambling Control Commission

(UK).- The Alderney Gambling Control Commission has amended its regulations for the 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.”

H

owever 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.

The Alderney Gambling Control Commission licenses more than 100 online gaming operators, including BlueSquare, Unibet, Ladbrokes, Paddy Power, William Hill, 24hPoker, Pokerihoune and Sportingbet.

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