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Online Casino Gambling News - by Gamblers Lodge

Online Casinos Required to do More for eCOGRA

Have you ever wondered just how fair online gambling is? If so, don’t worry, for there is an online watchdog protecting the players interests – and even more now. eCOGRA, the body responsible for insuring that online gamblers are protected when gambling at an online casino, has updated its regulations on online casinos and raised the criteria for getting their Seal of Approval.

eCOGRA has always kept a close repertoire with players, and due to strengthening player concerns and feedback, has implemented new safeguards against fraud and unprofessional business practices online.

Of the new provisions, the ones in the players greatest favor are the new auditing tests and guidelines that eCOGRA is imparting to their independent online casino inspection company, Price Waterhouse Coopers. Instead of insuring that an acceptable number of gamblers - taken from a sample - are in fact winning at each reviewed casino, online casinos are now required to prove that all their monthly winners are distributed in accord to fairness standards.

And the fairness standards have improved as well. All casino slot machines are required to provide a combining winning return of at least 92%, surpassing previous returns in the eighty-something percentile.

Furthermore, parent companies are now required to obtain the eCOGRA seal of approval for every casino they run, and must display regulations and conditions on all bonuses and promotional offers, so as not to mislead or confuse new online gamblers.

Not bad for the player huh? Look for the eCOGRA Seal of Approval on the homepage of an online casino. Many casinos are out there – many have it and many do not. If the casino does, rest a little easier you have a real fair chance of winning some money.


 

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