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ECOGRA TO MONITOR AFFILIATE PROGRAMS

The Fortune Lounge group affiliate program, Fortune Affiliates, is the first i-gaming affiliate program to achieve accreditation under the new eCOGRA Affiliate Trust inspection and monitoring regime, and put up its new seal of approval this week.
 
eCOGRA is an independent, non-profit, standards and best business practice organisation in the online gaming industry, overseeing fair gaming, player protection and responsible operator conduct.  The organisation’s Safe and Fair Seal identifies most of the reputable online casinos and poker rooms, and the new eCOGRA Affiliate Trust seal now recognises affiliate operators that observe the same standards of fairness and efficiency.
 
Fortune Affiliates was awarded the seal after a thorough audit and on-site inspection. “We are extremely honoured to receive the very first Affiliate Trust Seal,” said a spokesman.  “The process was a tough one, but as our Affiliates have always known, we have always held ourselves to high standards.”
 
The founder and president of trade association Casino Affiliate Programs.com, Louis Fabiano, said that his organisation was not surprised that Fortune Affiliates had achieved the tough accreditation. “One of CAP’s premier certified partners, Fortune Affiliates is one of the largest, oldest, and most respected groups in the Microgaming family, and fully deserving of being the first affiliate program awarded with the prestigious eCOGRA seal,” he said.
 
eCOGRA's new service introduces detailed best business practice standards for affiliate program companies, backed by a strict inspection and monitoring system and the display of the new eCOGRA Affiliate Trust seal.  Affiliate programs must demonstrate that their program establishes, enforces and monitors specific best practice standards, demonstrating that affiliate revenue is calculated accurately and payments to affiliates made promptly, and that there are controls in place to accurately link players to affiliates.
 
Fortune Affiliates administers thousands of affiliate marketers of the Fortune Lounge group of casinos, poker and bingo rooms, and was chosen to participate in the Affiliate Trust pilot project with eCOGRA throughout a full year of study and standards development. The new standards, which were inspected in an extensive on-site audit during the Fortune Affiliate accreditation process, are a set of generally accepted principles (eGAPs) for online casino and poker room affiliates.
 
"Although there are others monitoring affiliate programs, eCOGRA provides the most public, structured and formal on-site approach, ensuring compliance with consistent standards through regular monitoring and full annual reviews carried out by highly qualified inspection and auditing teams," the spokesman said.
 
Andrew Beveridge, CEO at eCOGRA, congratulated Fortune Affiliates on its achievement and said: "The eCOGRA Affiliate Trust initiative is all about actually going and visiting the management and operations of affiliate programs, gaining direct access to check relevant player and affiliate data to ensure that affiliate members are being treated fairly."
 
Details of the Fortune Affiliates program and information on the online casinos, poker and bingo rooms included in the program are available at www.FortuneAffiliates.com. The eCOGRA Affiliate Trust program is described in detail at www.ecogra.org/affiliates.
 
eCommerce and Online Gaming Regulation and Assurance (eCOGRA) is a non-profit London-based organisation that sets online casino and poker standards and provides an international framework for best operational and player protection practice requirements, with particular emphasis on fair and responsible gambling.
 
These are enforced through inspections and reviews, and continuous monitoring. Accreditation is open to all software companies and their operators.  Accredited companies are entitled to bear the “Safe and Fair” seal, indicating to players everywhere that all operational systems and games are fair and continuously monitored to consistently high standards.

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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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