|
 |
The first independent gambling guide
to the best online casinos!
Standards For Safe Online Casinos
Embraced All Over the World
According to a recent
news report about online casinos released out of London, the Philippines
based Asian online casinos regulator, Cagayan Economic Zone Authority
through its Master Licensor, First Cagayan, is the latest independent
online casinos firm to accept the global integrity and operational
standards of ECOGRA, the top online casinos watchdog in the industry.
Online casinos have enjoyed unbelievable growth on the Internet in
recent years, and this explosive expansion has come with much scrutiny
and has created quite the crowded online casinos marketplace. But the
current state of online casinos is healthy and ripe with new
developments and news. The online casinos industry is always exciting.
But one problem that always sticks with online casinos is integrity. Are
online casinos safe and honest? Are online casinos looking out for the
security of their customers? Are online casinos properly regulated?
This is where eCOGRA comes in. The firm looks to establish itself as the
leading watchdog for online casinos. This foray into Asia is a major
step. First Cagayan President Albee Benitez agreed to the deal after
several months of due diligence, during which the standards and
outcomes-based testing methods used by eCOGRA in awarding the "Play It
Safe" seal were closely studied by a team working under the direction of
First Cagayan corporate legal counsel Katrina Nepomuceno.
"We are satisfied that the standards set by eCOGRA, and the inspection
and monitoring systems that support these, comprehensively cover our
requirements for safe, ethical and efficient online gaming operations,"
Mr. Benitez said. "First Cagayan operates a competitive licensing
program, cost-effective regulatory framework and disciplined operator
and player protection policies, in a gaming jurisdiction that is safe
and reliable."
The agreement follows a similar acceptance of eCOGRA standards by the
Malta regulator, Lotteries and Gaming Authority last month and one last
year by the Kahnawake jurisdiction in Canada, covering hundreds of
licensed brands. eCOGRA is currently in discussions with a number of
other national regulators committed to player protection and fair gaming
and hopes to conclude further agreements soon.
"This is another step toward our goal of forging valuable links and
consistent standards with other regulatory bodies," eCOGRA CEO Andrew
Beveridge commented. "First Cagayan has accepted that operators using
software supplied by eCOGRA members, and that is subject to eCOGRA's
principles and testing methodologies, will not be required to submit
their software to further review and monitoring processes by other third
party testing agencies required for a First Cagayan online gaming
license."
Seventy-six leading online casino and poker room brands, belonging to
some of the most well established and successful online gambling groups
in the industry now carry the eCOGRA "Play It Safe" seal, which helps
players identify Internet gambling venues that have voluntarily
committed to independent, player protective regulation and continuous
monitoring.
eCOGRA, of course, remains independent, and is the major authority on
online casinos. The firm remains committed to protecting poker players
and online casino players around the world.
|
 |
|
