Ontario Gaming Regulator Signs Cooperation Agreement with Alderney Gambling Commission

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The Alcohol and Gaming Commission of Ontario (AGCO) regulates the operation of commercial casinos, OLG casinos, slot machine facilities at racetracks and internet gaming operated by the Ontario Lottery and Gaming Corporation (OLG). As recently announced, the OLG is in the process of evaluating and selecting potential gaming suppliers for their internet gaming initiatives scheduled to launch some time in 2012. Ontario represents the largest online gaming potential of all the Canadian provinces.

Some of the tasks of the AGCO include registering potential gaming suppliers, approving and monitoring operational systems for internet gaming for compliance with all regulatory requirements, testing and monitoring gaming systems.

Alderney Gambling Control Commission (AGCC) and Alcohol and Gaming Commission of Ontario (AGCO) entered into a memorandum of understanding (MOU) which provides for the exchange of information; cooperation during investigations and inspections, where appropriate; as well as developing initiatives in the areas of common standards, requirements, testing protocols and other matters that will enhance integrity, consumer protection, public confidence and anti-crime measures. This would be seen as important for the AGCC in order to provide a proper due diligence on companies bidding for the OLG contract.

Some of the e-gaming suppliers who may be in the process of bidding for all or for part of the very lucrative internet gaming supply contract with the OLG may include companies who already hold some form of gaming license out of Alderney, thus the apparent need for such an agreement. These may include IGT, an American supplier of slot machines who recently acquired the Entraction poker network, Playtech, the Israeli-based company who own and operate iPoker, the 3rd largest poker network, and Amaya Gaming the Canadian based gaming supplier out of Montreal who recently announced the acquisition of casino software developer Cryptologic.

Alderney is also known for being the same gaming jurisdiction to have provided the gaming license to Full Tilt Poker up until they revoked it. According to forums, they have not been too cooperative in assisting affected players in recuperating their lost funds, forcing players to resort to the courts.

 

 

 

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