Online Casinos - Casinomeister Logo Online Casinos - Casinomeister

Go Back   Casinomeister's Online Casino and Poker Forum > The Amazing World of Online Casinos and Poker Rooms > Casino Industry Discussion

Notices

Casino Industry Discussion Casino Industry Discussion - This discussion group concerns industry topics: press releases, stock market issues, Nevada and offshore organizations, and other business related items

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 8th May 2007, 06:47 PM
mysticjoz's Avatar
Meister Member
 
Join Date: Apr 2007
Location: USA
Posts: 437
Thanks: 785
Thanked 297 Times in 188 Posts
Reputation Points: 1492
Rep Power: 14
mysticjoz has a brilliant futuremysticjoz has a brilliant futuremysticjoz has a brilliant futuremysticjoz has a brilliant futuremysticjoz has a brilliant futuremysticjoz has a brilliant futuremysticjoz has a brilliant futuremysticjoz has a brilliant futuremysticjoz has a brilliant futuremysticjoz has a brilliant future
Post E-Cogra offers online gambling fairness testing

For anyone interested... this came in an email today....



eCOGRA OFFERS ONLINE
GAMBLING FAIRNESS TESTING

130 leading Casino and poker brands to display eCOGRA’s
software fairness reports


London, 8 May 2007 – The online gambling standards and player protection body eCommerce and Online Gambling Regulation and Assurance (http://www.ecogra.org/) has stepped up its game fairness testing for online casinos and poker rooms with the appointment of a dedicated and fully qualified team to run the Total Gaming Transaction Review (TGTR) continuous monitoring and data analysis process.

The objective of TGTR is to confirm on an ongoing basis that the games being used in online gambling venues are independent and fair by continuously analysing the actual results of the various casino and poker games. This ‘gold standard’ of verifiability is intended to ensure complete player confidence in operator procedures and increase confidence in the industry generally.

eCOGRA has expanded the test facility as an independent commercial service for any operator wishing to validate and distinguish the games on offer through a legitimate test and certification process that includes:

§ Payout percentage reports for slots, table games, poker games and all games on a monthly basis;

§ Poker card-shuffling reviews on a monthly basis;

§ Bi-annual RNG reports for blackjack, video poker and roulette; and

§ Reports in 14 different languages, including Chinese and Japanese.


Andrew Beveridge, the CEO of eCOGRA says that operators wishing to use the service must first ensure that the software provider they are using has been reviewed by eCOGRA for compliance with its eGAP requirements, which establish through inspection that the software is being developed, implemented and maintained in a manner representative of best practice standards.



"This enables eCOGRA to obtain a sufficient level of comfort that the games are being professionally developed and are inherently fair before monitoring the ongoing results, and we have implemented systems which enable us to provide updated reports within two weeks of month-end on the casino and poker websites without any effort from the operator," Beveridge revealed.


"eCOGRA now has the necessary skills, experience and player recognition to undertake this work, enabling us to give it our closer and more transparent and immediate attention. These dedicated resources will allow us greater flexibility to meet the dynamic demands of the industry, but more importantly the requirement for safe and fair gaming from the player community," he said.



In order to further ensure the integrity of the process and data, eCOGRA has appointed KPMG in London to regularly review the following aspects of the TGTR work:

§ the people and processes involved in producing reports;

§ the RNG methodology;

§ the process followed on a sample of RNG reviews;

§ annually the process to conduct payout reconciliation reviews.



KPMG reports to eCOGRA’s independent directors: Bill Galston, OBE, retired Chief Inspector for the Gaming Board of Great Britain; newly appointed Bill Henbrey, former head of gaming services at leading international accounting firm BDO; Frank Catania, former Assistant Attorney General and Director of New Jersey Division of Gaming Enforcement; as well as Michael Hirst, OBE, a former board member of Ladbroke Group Plc, and formerly Chairman and CEO of Hilton International.



eCOGRA's testing principles and methodologies are already recognised by several international jurisdictions, and eCOGRA continues to work with other regulators and standards bodies to develop consistency in testing in order to give players the assurance that online games are fair.



Beveridge concludes



"It's worth noting that the results of eCOGRA's recent independent Global Online Gambler Survey involving 11 000 active players showed that 88 percent of players rate monthly payout percentage reports prepared by a reputable independent third party as important, and 91 percent of respondents rated RNG fairness reports as important," he said


- Ends -

Notes to editors

eCOGRA, the independent standards authority for the online gambling industry, is committed to protecting online casino and poker players around the world. The non-profit organisation addresses the most important issues to players: fast payouts, fair gaming, responsive and efficient service and responsible operator conduct.

eCOGRA provides an international framework of best operational and player practice requirements enforced through inspections, reviews, and continuous monitoring. To date, 115 sites comply with these requirements and have been awarded the coveted “Play It Safe” Seal that identifies to players the safest online gambling sites on the Web. For more information on how eCOGRA is constantly improving standards in online gaming for players everywhere, go to www.ecogra.org.

For all media queries or to arrange a briefing, please contact:

Stuart Hehir or David Hall

Chameleon PR, London

stuart@chameleonpr.com/mailto:david@chameleonpr.com

+44 (0)20 7680 5500

--------------------------------------------------------------------------------
__________________
I, like everyone else am entitled to my opinion. Whether or not you agree with it does not make it null and void! mysticjoz
Reply With Quote
The Following 2 Users Say Thank You to mysticjoz For This Useful Post:
cynthial (8th May 2007), reda (9th May 2007)
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
It's official - some online gaming Support sucks! jetset Casino Industry Discussion 2 28th November 2006 04:35 AM
BODOG NEXT??? Lord_Have_Mercy Online Casinos 8 8th August 2006 12:36 AM
Online Poker Players Face Legal Issues Lord_Have_Mercy Casinomeister's Poker Room 1 6th August 2006 09:38 AM


All times are GMT +2. The time now is 04:17 PM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.1.0
© All Rights Reserved, 1998-2008


  Casinomeister is proud to present the following quality portals
Online Casinos | GoneGambling | Online Casino Reviews | Wizard of Odds | Games and Casino | Online Poker Rooms | BetOnCharity | Online Casinos| Online Slots | Online Casino Reviews

Legal Statements and Privacy Policy
Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service not affiliated with any casino. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.

Inactive Reminders By Mished.co.uk