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BorntoBet Online Casino News
New Seat is Appointed to Online Casino
Fairness and Regulatory Board
The online casino industry's leading independent gaming fairness
regulator, eCOGRA, has appointed another seat to its Board of Directors.
Karl Magnusson is the latest addition, and is expected to bring more
insight into the world of economics and financial matters within the
organization. Karl is the Operations Manager for Ongame and
Nordicon Limited in the U.K., which operates one of the largest online
poker rooms and casino gambling sites in the internet gaming industry -
PokerRoom.com.
A spokesperson for eCOGRA commented that the Board is looking forward
to working with Mr. Magnusson, and that his experience in finance
managing will be a fine complement to eCOGRA's already esteemed panel of
independent online casino gambling professionals. Addressed also
were concerns that eCOGRA's large number of independent directors would
be regulating the very same groups their affiliated sites were apart of.
However, eCOGRA's Michael Hirst, stated that there is an equal balance
between the number of independent directors and certified eCOGRA
directors - and that there is a second group of unaffiliated
independents who decide on whether a casino site is awarded the Seal of
Approval. Additionally, although these directors have a say on
whether a casino has passed all the requirements to become a certified
Fair Gaming Casino, the Board of Director's has ultimate authority over
the independents. A system of checks and balances is in place,
keeping eCOGRA a respected authority on online casino regulation.
PokerRoom.com, which again, is Ongame's leading and most prized
gambling site, had recently been awarded eCOGRA's new "Play it Safe"
seal, which is a newly updated standard that takes even more precautions
in preventing underage and problem online gambling. Part of the
stringent requirements in receiving the Seal (aside from meeting
software fairness customer service standards) is that all staff members
are trained according to the standards. Employees are given
insight on how to identify and report underage and problem gamblers, as
well as provide help and assistance. PokerRoom.com has become one
of three major casino sites to receive the new seal, which was only
recently put into action by eCOGRA.
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