12/05/2012 :  ECOGRA APPOINTED TO KEY DANISH GAMBLING COMPLIANCE ROLE
 
Danish regulator acknowledges professional expertise of independent testing and compliance body
 
The independent online gambling testing and compliance organisation eCOGRA, which is already performing technical standards reviews for operators licenced by the Danish Gambling Authority, has been further empowered by the Authority as an ‘Approved Enterprise’.
 
eCOGRA is the first company to be so appointed by the Danish Gambling Authority.
 
The role of an Approved Enterprise in the Danish market is to complete a report as required by the Danish Gambling Authority in respect of Danish licence holders within 14 months of the commencement of licensed online gambling operations.
 
Such a report includes an extensive review of license holders' operational activities, embracing financial and statistical data to ensure that the licensee has provided gambling services in accordance with Danish gambling legalization.
 
eCOGRA chief executive Andrew Beveridge said this week that in order to be appointed as an Approved Enterprise, eCOGRA was required to demonstrate to the Danish Gambling Authority that its employees possess the appropriate skills, qualifications and experience for the role.
 
"The majority of eCOGRA’s employees are professionally qualified auditors with Big 4 audit firm backgrounds, and are highly experienced in auditing and reviewing financial information and remote gambling operator systems; we were therefore confident that we would meet the high standards of the Danish regulator," Beveridge said.
 
"eCOGRA now has ten years of diverse compliance, testing and consulting experience in the industry, during which its staff has successfully performed over 500 online gambling compliance reviews in the areas of player protection and responsible operator behaviour, in most cases for large and well-established internet gambling operator and software supplier companies.
 
"I therefore believe that we are well suited to perform the role of an Approved Enterprise in the growing Danish market.
 
"This appointment is extremely important to us, as our clients require us to provide them the full suite of services required by the various licensing jurisdictions, including the review of technical and information security requirements, and legal and financial compliance."