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ALDERNEY REGULATOR ESTABLISHES TIES WITH ONTARIO REGULATOR
02/02/2012 : ALDERNEY REGULATOR ESTABLISHES TIES WITH ONTARIO REGULATOR
Memorandum of Understanding signed with Canadian provincial authority as plans to licence online gambling gather momentum
When Canada's most populous province, Ontario, becomes the nation's third to licence online gambling later this year, the Alderney Gambling Control Commission will have a foot in the collaboration door following a Memorandum of Understanding signed this week with the Alcohol and Gaming Commission of Ontario.
The MoU 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, according to a joint statement from the parties.
The agreement with Ontario is the latest in a string of such arrangements which the AGCC has signed with regulators in Denmark, the state of Nevada and the Kahnawake Gaming Commission, and this latest collaborative concord will make AGCC regulatory experience available to the Ontario Lottery and Gaming Corporation which will oversee the regulatory process.
The Canadian provinces of British Columbia and Quebec already have well-established online gambling regulatory systems.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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