eCogra Announces New Revised Guidelines for Online Gaming
eCogra (a leading agency responsible for maintaining compliance and regulatory standards for online gaming companies) has just announced new guidelines for its eGaps policy, which provides a basic framework for responsible online gaming companies to follow.
eCOGRA (a leading agency responsible for maintaining compliance and regulatory standards for online gaming companies) has just announced new guidelines for its eGaps policy, which provides a basic framework for responsible online gaming companies to follow.
The guidelines are used by many leading online casinos, poker rooms, sportsbooks, bingo operators, and other gambling sites.
More than 150 online gambling sites use the eGap guidelines to become accredited by eCogra, which provide potential customers the assurance that the operator adheres to practices that provide for a safe, responsible gaming experience. Areas addressed include how player funds are handled, if safeguards are in place to prevent underage gambling, and if appropriate checks and balances are adopted in order to encourage responsible gambling.
While eCogra didn’t point to any specific reason to issue revised guidelines (other than to ensure that its guidelines encompass responsible remote gambling standards issued by the European Committee for Standardization), the move was likely spurred in part by recent developments in the US. On April 15th the US Department of Justice issued indictments against Full Tilt, PokerStars, and Absolute Poker/UltimateBet for a wide range of charges, including breaking US anti-gambling laws, wire fraud, and money laundering.
eCogra primarily works with European operators so while the developments in the US have no direct impact on eCogra or its clients, the online gaming industry as a whole is under increased scrutiny as a result. eCogra and other standards agencies could also serve as a potential example and framework for legislators in the US should they move to legalize and regulate online poker, an idea that had been picking up momentum and support prior to the moves by the US government in April.
eCogra as founded in 2003 and serves many of the industry’s largest operators, including bwin.party, 888, Ladbrokes, the Palace Group, Unibet, Fortune Lounge, and 32Red.
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