|Senior executives from eCommerce and Online Gaming Regulation and Assurance (eCOGRA) and PricewaterhouseCoopers (PwC) met with twenty representatives from government online gambling jurisdictions in London last week to explore common regulatory ground. |
eCOGRA CEO Andrew Beveridge and PwC partner Jacques Louw briefed officials from the International Association of Gaming Regulators on the underlying principles of applying eCOGRA's Generally Accepted Practices (eGAP) during online gaming software supplier and operator reviews, and the outsourced software verification methodology used by PwC.
Among those present were representatives from the Isle of Man, Alderney, The United Kingdom and Kahnawake. The meeting was chaired by John Godfrey, chairman of the Alderney Gambling Control Commission.
Beveridge acknowledged how important it was that serious regulators get together to pave the way for meaningful and consistent regulation of the online gaming industry in order to bring about a safe and reputable environment.
He told the audience that eCOGRA's chief objectives were the protection of online gamblers and a safer and more credible industry, and stressed that his organization was not in competition with government licensing bodies, but complimented their efforts in striving for fair gaming, responsible behaviour and player protection. There were now 44 casinos displaying the eCOGRA Seal, with more currently undergoing acceptance inspections, he revealed.
'Our presence here is not to solicit business or argue methodologies, but simply to share with you the knowledge that has been accumulated by eCOGRA stakeholders,' he said. 'PwC has now had 6 years experience in the industry, and our membership includes the two largest software providers, some of the most successful operators and independent directors with impressive executive track records in the wider gambling industry.'
ECOGRA hopes to continue to liaise with the IAGR, Beveridge concluded, 'Two of our independent directors, Frank Catania and Bill Galton are former chairmen of the body and our goals are in general very similar. We support both the need for regulation in an unregulated industry to safeguard the players, and the desirability of practical regulations with a common purpose.'
Issued by: Andrew Beveridge, CEO
Date: 21 June 2004
Telephone: +44 20 7887 1480
NOTE FOR EDITORS:
ECOGRA is a privately funded, non-profit regulatory initiative supported by leading software providers and top operators with the goals of player protection in an unregulated industry, and fair, efficient online casino practice. Approved casinos are identified by a seal, and commit to a set of internationally formulated operational requirements which are independently enforced through inspection and monitoring by major international business groups. The infrastructure includes a Fair Gaming Advocated for any player disputes that cannot be resolved at casino level.
IAGR is the international Association of Gaming Regulators, a non-profit association of gaming attorneys and regulators dedicated to the education and advancement of gaming law worldwide.