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Bet365 Selects Ecogra For third party regulatory testing

Wednesday November 14, 2012 : ECOGRA APPOINTED BET365 REGULATORY AUDIT PARTNER
 
Specialist partner in complex regulatory matrix
 
Diverse regulatory challenges in Europe’s evolving online gambling industry require a specialist partner to ensure compliance on all levels across numerous markets
          
The regulatory auditing and testing agency eCOGRA has been selected by leading Stoke-on-Trent based online gambling group bet365 to serve as its “third party regulatory testing and certification partner”.
 
Companies are increasingly recognising the value of partnerships that will oversee and conduct independent specialist audit and testing procedures to streamline the often complicated and varying matrix of national regulatory requirements in newly legislated, as well as existing, markets in Europe.
 
bet365, as one of the world’s largest online gambling groups, identified the need to appoint a strategic partner that would provide it with quality and cost-effective compliance and audit services ensuring each aspect of its business is in sync with the myriad of legislative requirements adopted by the various markets it operates in or intends to enter.
 
eCOGRA’s 17025:2005 testing laboratory accreditation by the United Kingdom Accreditation Service (UKAS) and extensive mix of professional Big 4 audit firm, IT and industry experience, ideally places the firm to perform compliance and audit services across the diverse spread of regulation and testing principles and methodologies being adopted throughout Europe.
 
Andrew Beveridge, the chief executive of eCOGRA, welcomed the appointment saying: “eCOGRA specialises in providing services to tier 1 software suppliers and operators, and bet365 certainly meets this requirement. eCOGRA looks forward to assisting bet365 with future certification endeavours while ensuring the group remains compliant in the markets in which it currently operates.”
 
Steven Degg, regulatory compliance and information officer of bet365 commenting on the appointment said: “bet365 selected eCOGRA based on the depth of skills, experience of their resources and a successful track record in providing compliance services to other leading operators and software suppliers. bet365 successfully submitted challenging Spanish and Danish certifications in partnership with eCOGRA, and we look forward to working with eCOGRA as we expand into new markets going forward.”

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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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