Casino reviewing platforms often refer to some third-party organizations that monitor the fairness, transparency, and honesty of games. The success of non GamStop casinos coincided with the self-regulation of the sector, which was a victim of a bad reputation. To regain the confidence of players, the largest online casinos have decided to open their doors to independent organizations to validate their accounts, their security systems, and the regularity of games.
At the same time, countries have set up online gambling licensing systems that also rely on regulatory bodies. Players trust these seals because they can’t afford freebies. The casinos would quickly be taken in dislike by the players and then by the authorization licenses of online gambling.
We can compare this to an organic seal that would get caught with products full of pesticides. It would lose all credibility on the market, and all products displaying it would inevitably be affected. eCOGRA is one such independent body.
More specifically, it manages online casinos under license from the gaming authorities of Malta and the United Kingdom. It is increasingly found in online casinos in northern Europe and South America.
Its development resembles a seizure of power. It would lose all credibility on the market, and all products displaying it would inevitably be affected. eCOGRA is one such seal. More specifically, it manages online casinos under license from the gaming authorities of Malta and the United Kingdom. It is increasingly found in online casinos in northern Europe and South America.
What Is eCOGRA?
eCogra is short for: eCommerce and Online Gaming Regulation and Assurance. It is an independent organization founded by the largest companies in the world of Igaming.
The goal was to create a self-regulatory body so that players around the world could have a trusted benchmark when they want to become a member of a non GamStop casino. For more info about casinos not on Gamstop click here. It has to be said that eCOGRA is a real success, acclaimed by non GamStop casinos and players as well as by state organizations responsible for regulating online gaming. This sector has its name.
Egap is the “Generally Accepted Practice (“eGAP”) Matters.” To simplify, a casino that is sealed by eCOGRA must check each box of the Egap. This certification is given at the moment, but the employees of eCOGRA actively and continuously monitor certified casinos. It’s a way to keep control and pressure on online casinos.
It is important to note that the seal’s teams are specialists in audits, whether in accounting or technology. By validating the specifications, casinos can display the eCOGRA logo. It tells players and other stakeholders that casino systems are secure and games are fair and constantly monitored. One of the advantages for the player is to be able to count on the license that is constantly in control and which is demanding enough to have become a third party under the supervision of the States, which grants a way to keep control and pressure on non GamStop casinos.
The Egap: the Important Points for the Seal
The specifications are broad and go much further than the players think. One of the important points that players will never see is the separation between the funds of the members and those of the casino or the owning company. The idea is simple: the casino must always be able to ensure the withdrawals of its players regardless of its own situation.
It is far from being a detail. A casino that goes bankrupt is rare, but it has already happened in the 2000s. Some players have lost everything.
With this requirement, players have a size guarantee. With Egap, casinos must therefore present their accounts transparently to eCOGRA auditors.
The other important point is the security of player information. Here again, we especially think of personal data on social networks. At non GamStop casinos, this is even more important. Indeed, it is often necessary to send official documents to confirm your identity and, of course, your bank details in order to deposit and make withdrawals.
This is, therefore, a very important point for Ecogra, which multiplies security audits to prevent any faults. The recent implementation of the GDPR law is taken into account. This is also the advantage of playing at a casino with this seal: having the guarantee of the teams’ responsiveness to legislative changes and the latest security standards.
The transparency and fairness of the games is the main concern of the players. All players in the world of non GamStop casinos have had to resist all the crooks who have undermined the reputation of E-gaming.
This is really where non GamStop casinos and gambling halls, like poker rooms and bookmakers, have come together to self-regulate. The objective was to guarantee the fairness of the games.
Slot machines, table games, lotteries, scratch games, no type of game escapes control. They are doubled because, on the side of the game, software publishers controlled by other organizations are carried out. The auditors will mainly check the algorithm system and, more particularly, the random number system. They will also ensure that the announced redistribution rate is the right one. Other checks are carried out, but the seal does not disclose all the checkpoints in order to stay one step ahead of any cheating attempts. We can notice that for about ten years, there has been no more scandal in the casino industry!
Ecogra is one of the most serious independent bodies in the world of iGaming. Players can be assured of playing at a serious online casino when they see this logo in the footer.