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Microgaming Responsible Gambling management

CEO Raatgever returns to the subject of perceptions as the visit ends, observing that educating interested parties on the positive aspects of the industry is important.

"There are many highly professional companies in this business who go above and beyond in maintaining high standards of corporate responsibility, integrity and professional behaviour - it's important to get that perspective out there to dispel the myths - some of them maliciously created - about the industry.

"The fact that little cash changes hands in online gambling, because credit or debit cards are used, ensures a high degree of trackability that is anathema to organised crime and fraudsters.

"Once you explain the breadth of reliability and accurate tracking systems in online gambling, and the conscientious precautions taken by operators to obviate concerns about underage or problem gambling, fraud and money laundering, many critics are surprised into a reappraisal."

Turning to fair and safe software, Raatgever points out that tier one companies in the business, including his own, go to extraordinary lengths to ensure that their software is independently tested and monitored.

In collaboration with two major competitors, Microgaming invested substantially in the creation of the independent eCOGRA seven years ago; a London-based stand-alone player protection and standards organisation that mediates player disputes, sets international standards of business and responsible gambling conduct for the industry, and tests and monitors operators who volunteer to meet its tough requirements.

Since then the professionally-staffed organisation has become self-funding and has earned the respect of regulators, trade associations like the influential European Gambling and Betting Association and major international companies unconnected with the original founders.

"eCOGRA has now achieved the goals that we set for it, which has made the internet gambling environment a safer place for players, and has simultaneously improved operating standards throughout the industry," Raatgever observed.

"I believe this is indicative of the serious approach to business and player care that characterises a significant and growing proportion of industry businessmen.

"We are a business with very strong professional commitments to fairness, efficiency and legality," he concludes.

 

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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