In a couple of very new and rather exciting milestones for eCOGRA – the online Casino Bet site watchdog has recently received recognition from the AAMS and ISO – both important European accreditations. AAMS is the Amminstrazione Autonoma Monopoli di Stato, or for all us English speakers – the Autonomous Administration of the State Monopolies, and the Italian online casino industry regulator. Accreditation with AAMS means that eCOGRA now has status for testing websites for fairness in this newly deregulated European marketplace.
Why would testing need to be done? That’s an easy question to answer, for fairness purposes to see that RNG’s produce fair results. As eCOGRA is also a watchdog body, it provides a vital platform for customer complaints against licensed sites falling under a regulated authority. So as well as being a testing agency, they are also a monitoring service. They also independently audit websites for payment percentage results, which also determines fairness. The Audit staff working at eCOGRA has “Big 4″ auditing firm experience, which may be something of a surprise to you. As well as highly qualified IT and audit staff, eCOGRA also employs responsible gambling specialists and information systems experts.
eCOGRA also provides consultative services for companies wishing to license online products under the AAMS umbrella. This makes sure that these companies have all their ducks in a row. An online casino wishing to attract Italian players, will have much more luck in the massively competitive online casino industry if they are able to display the eCOGRA seal of approval. Take a note of this fact if you are a potential online casino player, the eCOGRA seal is worth the earth, to any site worth its salt. Informed players know immediately when they play at that site, they will be in very good hands.
ISO accreditation is a similar kettle of fish – this acronym stands for the International Organization of Standards, and is another very important milestone. This Geneva-based organisation offers companies accreditation for meeting exacting standards in systems orientated requirements. In other words – the systems used by eCOGRA for testing and monitoring, need to be rigorously tested and accredited too; to stand a chance of being considered completely trustworthy for the highly technologically advanced industry within which it operates.,
Chief Executive Officer of eCOGRA, Andrew Beveridge – said that they were delighted about making both of these announcements, and would be making news again in the not too distant future. It has become a critical part of their business to promote good values in remote gambling firms, which includes commitment and self regulation. Preparing these businesses to operate within a regulated environment is offering a highly regarded service.
Although eCOGRA is essentially an independent, management-owned, non-profit organisation, they obviously still have highly technical staff to pay, so the right accreditation is essential to meet new market demands. They plan to pursue approval as a testing agency in other emerging markets in order to provide a full service offering. During 2011 approximately 100 compliance reviews will be carried out