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Sunday, March 13, 2011

First Pan – European Consumer Protection Agreement for Online Casino Gambling

This article is an excerpt from the eCOGRA website discussing the European Consumer Protection Agreement for Online Casino Gambling; other portions were taken from the new regulation:

eCOGRA or the e-Commerce Online Gambling Regulation and Assurance is established in 2003 and based in UK. It was founded by competing online casino and sports betting sites to enhance operational measurements and player's protection. To display the organization's revocable safe and fair seal, accredited companies must comply with practical business and honesty measurements, partnered with an unbiased review and monitoring program. The organization covers services for online casino and poker room operations, online bingo, sports betting, mobile and live gambling businesses and affiliate program best practice through an affiliate trust seal, setting its influential recognition within reach of all online gambling companies.


ECOGRA and the chairperson of the CEN workshop agreement on “Responsible Remote Gambling Measures” Andrew Beveridge, today warmly admitted the publication of this first Pan – European consumer protection agreement by CEN.


The European Committee for Standardization (CEN) is a business catalyst in Europe, eliminating trade for limits for European stakeholders such as industry, public administration, service providers, consumers and other stakeholders. Fostering the European economy in global trading, the welfare of European citizens, and the environment is its major mission. CEN is formally recognized by the EU (http://www.cen.eu/). To help facilitate a single market for European industry and consumers across its members in 31 European countries, CEN draws up voluntary technical specifications, such as a CEN workshop agreement,


The CEN workshop agreement on “Responsible Remote Gambling Measures” (16259) defines 9 policy objectives for the protection of online players in Europe Union and 134 concrete measures to make sure that those goals for the protection on online players in the European Unions and 134 concrete measures to make sure that those goals are practically met.


The nine policy objectives are as follows to wit:


1. The protection of defenseless costumers.
2. The prevention of underage gambling
3. Fighting Fraud
4. Fair Gaming
5. Precise Costumers Payments
6. Responsible marketing
7. Costumer satisfaction
8. Safe operating environment


The Chief Executive Officer of eCOGRA, Andrew Beveridge and Chair of the CEN workshop agreement said that "Over the last 7 months, CEN has provided the platform for us to make this agreement to secure the high level of protection for consumers across Europe that is vital for the online gambling industry as it matures. eCOGRA intends to bring into line its own eGAP Requirements with these CWA control measures, thereby benefiting eCOGRA, its sealholders and players."


He also added that "This is self regulation at its best, bringing together a wide range of stakeholders from across the world for the benefit of the consumer. This agreement can only complement existing industry standards and inform both national and EU regulation of online gambling. It has been an honor to be part of and chair this process.


By giving support to research and helping distribute innovation, measurements are a powerful tool for economic development. Involved in the CEN network that reaches over 480 million people are more than 60,000 technical experts as well as business federations, consumers and other societal interest organizations.
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1 comments:

BizDev said...

eCogra is the most powerful organization for online gambling control and it is great that there is such kind of regulator, because lot of people need comfirmation about online casino providers or online casinos itself, so there is organization to whom everyone believes.

March 24, 2011 at 4:20 AM

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