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CASSAVA CASINOS AWARDED eCOGRA SEALS
PRESS RELEASE
For immediate release 17 May 2004 CASSAVA CASINOS AWARDED eCOGRA SEALS Third list of Seal awards contains leading Cassava online casinos. Operations from one of the biggest and most marketed casino groups on the Internet, Cassava feature in the latest announcement of Seal awards by eCOGRA (eCommerce and Online Gaming Regulation and Assurance). In the third Seal awards announcement this year from eCOGRA, the following Cassava casinos join 41 other successful Seal operations: Casino On Net (www.888.com) Reef Club Casino (www.reefclubcasino.com) "We're delighted to welcome these new Seal bearers that have passed the rigorous third party inspection process carried out by PricewaterhouseCoopers. Cassava presented a significant challenge for the audit process due to its size and the Compliance Committee was particularly pleased with the way in which the assessment was conducted, and the response of the organisation to putting in place the necessary controls and procedures required by eCOGRA's eGAP," says Andrew Beveridge, CEO of eCOGRA. "The initiative is gathering momentum at a gratifying rate and we are currently in discussions with a number of providers and the casinos using their software. Other casinos are currently undergoing the inspection process and I am confident that we will soon be seeing a diversity of operations powered by different software providers on our Seal list." Beveridge emphasised that any software provider committed to the ideals of the organisation and meeting its probity and other requirements was more than welcome to apply for membership. The goal of the initiative is to guide players to safe, fair and efficient casinos operating to carefully developed and fully enforced regulatory standards. eCOGRA is an independent, strongly funded, non-profit organisation that has evolved a set of practical operating regulations to ensure fair gaming, player protection and efficiency. Called the eGAP or Generally Accepted Practices, the regulations embrace some 15 areas of casino operations. Before being awarded the eCOGRA Seal members must undergo stringent inspections by third party professional bodies, and operations are subsequently monitored to ensure ongoing compliance. eCOGRA has an online complaints facility for any player with a legitimate grievance against any member casino. Issued by: Andrew Beveridge, CEO Date: 17 May 2004 Website: www.ecogra.org Telephone: +44 20 7887 1480 Email: pr@ecogra.org
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PRESS RELEASE
For immediate release 18 May 2004 eCOGRA CEO calls for software providers to join in giving greater player assurance Senior eCOGRA personalities met with software providers yesterday in an open session in Toronto, Canada designed to explain the regulatory requirements of the player protection body. Most online gambling executives are currently in the city attending the Global Interactive Gaming Summit and Expo which ends Wednesday. The chairman of eCOGRA, Michael Hirst OBE, independent director and respected online gambling consultant Frank Catania, CEO Andrew Beveridge and Fair Gaming Advocate Tex Rees met delegates and gave a presentation covering the progress made by eCOGRA, highlighting the announcement that day that major casino operator Casino On Net had been awarded the Seal. C.O.N. CEO John Anderson was in the audience. He emphasized that "eCOGRA is open to all software suppliers and their operators that that share the vision of self-regulation enforced by independent inspection and monitoring. It is an industry initiative which needs to be supported, if the industry is to reach the universal credibility it so rightly seeks". He revealed that although eCOGRA did not at present have any plans for the sportsbook sector, it was actively working on appropriate regulations for the booming poker sector. Covering the structure of the organisation, Beveridge emphasised the independent nature of the Seal award process and the benefits it made possible for players and casinos alike. Beveridge said that the services of eCOGRA's Fair Gaming Advocate had been successfully called upon by a number of players who had voiced their satisfaction with the fast and efficient resolutions that had been achieved. The advantages of undergoing a detailed inspection by highly experienced professionals was stressed, together with future plans by eCOGRA to launch substantial awareness and advertising initiatives on the benefits of regulated gambling, and participation in other projects that take advantage of bringing together significant and reputable companies were outlined by Beveridge. eCOGRA is confident that external organisations such as regulators and financial institutions will increasingly recognise Seal holders for their responsible efforts and compliance with international quality requirements. The continuing education of this aspect remains a priority. Later in the week eCOGRA will be taking part in open discussion panels at GIGSE. Issued by: Andrew Beveridge, CEO Date: 18 May 2004 Website: www.ecogra.org Telephone: +44 20 7887 1480 Email: pr@ecogra.org
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