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Gambling: Ecogra Expands Staff

Three additional fully qualified accounting professionals have been taken on by the standards and player protection body eCOGRA in a move to expand the business advisory and standards compliance services which the organisation offers to a growing number of software providers, operators and affiliate programs.
 
The new members of staff will join experienced teams travelling to eCOGRA accredited operations and new applicant companies to conduct acceptance and compliance reviews.
 
All three hold university business degrees and chartered accountancy qualifications and have previous experience in major international audit and professional business service companies.
 
* Gareth Muirhead joins eCOGRA's Data Department. He is a Chartered Accountant with majors in Computer Science, Information Systems and Auditing. The Data Department is responsible for ensuring the fairness of the gambling software being offered by the operators of casino, poker, bingo and other games of chance, by performing comprehensive output-based tests on the randomness and payouts of the games. eCOGRA currently monitors and certifies the results of over 200 online gambling sites.
 
* Bradley Khoury will work in the organisation's Compliance and Advisory Services Department, which is currently providing services to over 50 tier one Internet gambling companies, and provides eGAP inspections and reviews on certifications for software suppliers, operators, and affiliate programs. The CAS teams also advise operators and software suppliers on eCOGRA requirements and best business practice, based on extensive industry experience and knowledge, and an understanding of the unique and specific challenges facing online businesses. Financial, business process and technical skills are utilised to develop and tailor innovative solutions to assist eCOGRA accredited companies in a range of business and industry related challenges. Khoury is a Chartered Accountant and was a top performer in PricewaterhouseCoopers' Risk Advisory Services Division.
 
* Sean Roberts also joins the CAS team. He is a Chartered Accountant and Audit Manager with international and commercial experience who has found enough time in a busy life to obtain a pilot's licence.
 
Andrew Beveridge, CEO of eCOGRA says the three new arrivals were carefully selected for their specific skills and experience, and as top performers with their former international employers.
 
"eCOGRA has reached a stage now that we can offer these individuals a very exciting opportunity to advance themselves both professionally and personally," Beveridge said this week. "Their duties not only involve the interesting application of a wide range of diverse professional skills, but also require them to travel throughout the world, providing consulting and auditing services to over 50 of the top operations in the online gambling industry, many of them listed companies."
 
Beveridge said that an added advantage was working closely with eCOGRA's independent directors, who are respected senior executives with wide gaming industry experience.
 
eCommerce and Online Gaming Regulation and Assurance (eCOGRA) was founded by competing online gambling companies six years ago to improve operational standards and player protection. Accredited companies must comply with practical business and integrity standards, coupled with an impartial inspection, review and monitoring program that authorises them to display the organisation's revocable Safe and Fair seal.
 
Since its formation, the organisation has extended its services to cover online casino and poker room operations, Internet bingo, sportsbetting, mobile and live gambling businesses, and affiliate program best practice through an Affiliate Trust Seal, positioning its influential accreditation within reach of all online gambling companies.
 
Many of the top software providers in the industry have already been assessed by the organisation, which is recognised by several international online gambling regulators and by bodies such as the European Gaming and Betting Association, which counts most of Europe's major online operators among its members. EGBA members are professionally reviewed for compliance with agreed and consistently applied standards which are in line with those adopted by leading licensing jurisdictions, and give full confidence that the standards match or exceed appropriate European state monopolies’ requirements such as those drawn up by the European Lotteries Association.
 
Accreditation remains open to all software companies and their operators.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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