ECOGRA Gets Isle of Man Accreditation
Date Posted : June 8, 2008
The independent online gambling standards and player protection organization eCOGRA has been approved as an accredited testing facility by the Gambling Supervision Commission on the Isle of Man, a premier European licensing jurisdiction.
The accreditation followed extensive presentations by eCOGRA Chief Executive Andrew Beveridge, the organization`s Independent Directors and audit team to the Commission earlier this year, which delivered credentials and explained the testing methodology used.
Commenting on the accreditation, Beveridge said: “We are delighted that a regulator of the caliber of the Isle of Man Gambling Supervision Commission has accepted our credentials, audit experience and professional qualifications after intensive study. Our testing principles and methodologies have now been recognized by several international jurisdictions concerned with protecting players through the professional and continuous testing of online casino and poker room operators.
Over 130 tier one online casinos and poker rooms currently use our test and audit services, and we number 25 leading operator companies and 16 quality software providers among our clientele. In addition, we have the added scrutiny of the leading audit firm KPMG through its annual quality assurance reviews, thus providing an unrivalled verification program.“
The organization`s Total Gaming Transaction Review, used for continuous monitoring and data analyses to assess accurate payout percentages and certify Random Number Generation fairness, has previously been extensively evaluated and accredited by other leading jurisdictional authorities.
eCOGRA’s professionally qualified specialist team provides the most comprehensive data verification service available to online gambling operators to date.
The service includes:
Onsite audits to ensure that software used by the online casinos and poker rooms is being developed, implemented and maintained in a manner representative of best professional practice standards;
Independent verification of the completeness and accuracy of all data used in the calculation of the payout percentage and RNG reports;
Annual quality assurance reviews by leading audit firm KPMG on the methodology and processes used to produce the payout percentage and RNG reports; and
Continuous oversight and monitoring of accredited online gambling operations following approval by eCOGRA’s Independent Directors.