September 2024
This bulletin is to notify gaming registrants and approvals that AGLC Due Diligence has implemented a new process effective July 2024.
New Risk Investigation Process
- The Due Diligence unit is responsible for conducting background checks on Gaming Applicants to determine eligibility to hold a gaming registration or approval in Alberta.
- The maximum term given to a registrant or approval was six years, at which time the Applicant was required to undergo a full renewal investigation including remitting a deposit (does not apply to approvals).
- A new risk investigation process has been implemented that eliminates the requirement for a full renewal investigation every six years.
- Due Diligence staff will contact the authorized representative on the file to discuss current ownership, financial interest and key employees. A share register and list of key employees will be requested.
- A background check will be initiated only if changes are identified, at which time a deposit will also be required (does not apply to approvals).
- Applicants, their associates and key employees are still required to notify AGLC of any changes, prior to the change taking place.
- The revised process supports AGLC’s strategic direction to continue reducing unnecessary barriers for the gaming industry.
If you have any questions or concerns, please contact AGLC's Due Diligence Unit at duediligence@aglc.ca.