On Monday, we reported that Spain has tapped eCOGRA to license and regulate their online casino market. It was big news within the gambling industry, but just who is eCOGRA. Here are the details.
eCOGRA stands for e-Commerce and Online Gaming Regulation and Assurance. It is a private organization that is not affiliated with any government. They are based in the United Kingdom, having formed in 2003. The business is a nonprofit group dedicated to testing online casinos and their software and ensuring that they are safe and fair to players.
eCOGRA is a software testing agency that is accredited internationally, including in the UK, Spain, Italy, Denark, Gibraltar, Isle of Man, Malta, Latvia, First Cagayan, and Kahnawake. eCOGRA is the most trusted name in the casino industry in terms of software testing. The casinos that meet all of their expectations are given a Safe & Fair seal of approval. eCOGRA has given that seal of approval to more than 160 online casinos, which use more than 25 different brands of software.
eCOGRA tests the software of online casinos to make sure they have adequate security and to ensure that the odds are fair and the games pay out at an appropriate rate. In addition, there is another advantage of playing at an online casino with an eCOGRA seal. The company will stand behind their certification of a casino. If a dispute arises between the casino and a player and the two parties are unable to resolve it, the dispute can be brought to eCOGRA. They will then rule as arbitrator in the case, with the casino contractually bound to adhere to eCOGRA’s ruling on the matter.
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