As the online gambling industry is growing rapidly, there is a serious need to regulate the activities of online casinos.
Despite the existence of state regulatory authorities, additional efforts are required to support such initiatives – eCOGRA has undertaken this job.
Ensuring the protection of the rights of players and preventing illegal actions of online casino operators are the main tasks of this independent regulator.
Independent Authority – Historical Facts
The online gambling industry received global change in 2003, when eCOGRA was established. This body is based in London, UK. A few months later, the company increased its presence in the market so much that it became number one in resolving disputes arising between players and casino operators.
A little later, Regulator launched a free dispute resolution service that players from different countries can use. From its inception, this regulator has been increasing its influence on the global gambling market – today it is present in many jurisdictions including Denmark, the Isle of Man, the Kanavake reservation and Gibraltar. Today, players entering eCOGRA casinos, can be sure that their money is in safe hands.
Regulator Activities
This body deals with the following issues in the field of online gambling:
- A ban on playing for real money for minors.
- Providing protection to customers from the most vulnerable categories.
- Prevention of fraud and money laundering at online casinos.
- Ensuring the protection of all transmitted data and the confidentiality of users of gambling websites.
- Ensuring fair play (software and RNG verification).
- The fight against unfair competition.
- Providing fast and accurate payments.
- Ensuring customer satisfaction in the work of support services.
Summing up, this body seeks to create a reliable and secure environment in which every gambler can establish trusting relationships with online casinos and be sure of the honesty of the game process and the possibility of withdrawing winnings.
Features of Casinos Certified by This Authority
Many eCOGRA reviews confirm the integrity and impartiality of this body. Its employee carefully studies each casino and provides certificates only to the best sites that meet the following criteria:
- The casino provides information on payouts and the percentage of pledged margin.
- All payments and bonuses are paid within the time limits established by the regulations.
- Gaming platform uses only licensed games from trusted providers.
- The casino has a license for its activities issued by an authoritative body.
- The random number generator passes regular checks and works correctly.
All requirements for gambling websites are set forth in eGAP. Many Canadian casinos are eCOGRA certified, so they are trustworthy by the players.