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Tightening Up On Safety

 

Regulations, restrictions and standards in the European online casino gambling industry are tightening thanks to a group effort between player advocacy groups and the major association for internet gambling companies. eCOGRA and the European Gaming and Betting Association and a variety of specialists developed a new set of standards that are designed to work in tandem with strict licensing criteria from the handful of gambling licensing jurisdictions. The EGBA has now taken the standards a step forward by requiring all online casinos with a EGBA membership to comply with the standards through an annual audit.

The development of the new set of standards was born out of an effort to ensure maximum safety for international online casino gamblers. Licensing requirements vary slightly from jurisdiction to jurisdiction and compliance with the newly released standards is a way for internet gambling companies to ensure their players that they practice the highest level of protection.

The annual compulsory audit of EGBA online casinos will be administered by eCOGRA and will ensure that all gambling companies: have fair gaming practices, are socially responsible, have anti-fraud safeguards in place for gamblers, among other standards. eCOGRA is internationally recognized for the companies superior auditing and high industry standards. The company’s “Fair and Safe” seal is well respected and providers players with peace of mind that the online gambling site is legitimate and that their bankroll is protected by the company’s commitment to the industry.

As far as wide ranging application of the online casino gambling regulations are concerned, the Chairman at the EGBA, Norbert Teufelberger noted that the new standards “could serve as a basis for reflection at a time when governments and regulators across Europe are trying to find ways to best protect consumers in the online gaming and betting environment.” Player safety is a chief concern for gambling companies all over the world.

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