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Ethoca Gains Online Casinos

Ethoca is a next generation fraud management company that is quickly gaining an impressive roster of top online casinos registered on the company’s collaborative anti-fraud network. As fraudsters constantly design new ways to target internet based businesses, community based fraud management provides online casinos with the maximum amount of protection through shared information. Ethoca’s network enables companies to effectively differentiate between right and wrong business transactions, and in that regard increase revenue capabilities.

Ethoca has headquarters in Dublin, Ireland and alleges that it is the only company of its kind offering online casino sites access to shared experience database of customer transactions. And though Ethoca’s services are unique and the company has market dominance, other companies are offering community based fraud management networks. A positive for Ethoca is that it seems to be the preferred fraud management company of the online casinos and its reputation is quickly growing within the industry. The President and CEO at Ethoca, Andre Eelbrock, comments, "With 30 percent of the top betting and gaming companies as Ethoca members, the movement towards collaborative fraud management in that industry is now in full swing.”

As online casino gambling grows into new markets and expands in existing markets, the potential for fraudulent activity s only increasing. If the Absolute Poker cheating scandal is any indication of the current atmosphere in the online gambling industry, fraud management is only growing in importance. As internet gambling sites become more elaborate and widespread around the globe, there is unfortunately a larger tendency toward criminal activity. That is why so many of the online casinos are choosing community based fraud protection programs like Ehtoca’s.