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eCOGRA quarterly report

Updated eGAP, website revamp and new developments

July 2, 2004

The quarterly report just out from online casino self-regulation body eCOGRA indicates brisk business for the full-time staffers at the head office in London.

CEO Andrew Beveridge reports that the Board has approved new eGAP regulation updates, the website is undergoing a revamp, there are new information security guidelines and plans for a substantial advertising push are well advanced.

The next cycle of Pricewaterhouse Coopers reviews starts this month for some of the previously approved operators, Beveridge says in the report, which was circulated to the 44 casino managements currently holding eCOGRA seals. Independent inspections and continuous monitoring to ensure eGAP compliance form part of the seal casino obligations.

A new version of eGAP was approved on 15 June 2004 and has been distributed to the approved software providers and members. The latest version of eGAP includes new requirements which reflect the organizations commitment to continually raise the bar for compliance and player protection.

With increasing numbers of casino members entering the poker sector, the drafting of eGAP requirements for poker has been a priority and is apparently coming along well. This important addition to the regulations should be finalized and approved by the independent directors in the near future.

The information security policy prepared by Pricewaterhouse Coopers as eCOGRA's independent third party contractor has been distributed to all approved operators and represents best practice standards for the online gaming industry.

Policy documents for additional eGAP requirements, to include areas like social responsibility and uniform industry accounting definitions are also in preparation.

The eCOGRA website will have a more personal look, additional information and new facilities when it is relaunched in the near future.

Taking on board comments and suggestions from the playing community and operators alike, the staff have been burning the midnight oil to make this important part of the eCOGRA image friendlier and more informative for the players. The target is to have the revamped site live before the end of July.

On the marketing front, Beveridge reports that whilst the approval and compliance monitoring activity will continue apace, the Board is now focusing on the next phase of eCOGRA development, which is communicating to the players and the industry in general the benefits of safe, efficient and fair gambling at genuinely regulated casinos...and the desirability of joining a real organization with practical regulatory requirements.

The Board recently obtained legal opinion on potential marketing activities to be undertaken by eCOGRA as a self-regulatory organization in key online gaming markets. A dedicated and highly professional player advertising campaign based on solid market research is being formulated using this opinion, which once implemented will have obvious benefits for players and approved operators alike.

"However", Beveridge concludes his report, "...the best marketing, and the key to success for the eCOGRA initiative remains in the hands of the members: efficient and diligent application of the eGAP regulations for the benefit of players; fast Support response and courteous communication with the players at all times; fast and efficient accounts operations to ensure players are paid promptly and rapid attention to any complaints."

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