Posts Tagged ‘online casino news’

eCOGRA Changes Owners: Good News for Online Casino Players

Friday, April 8th, 2024

The leading online gaming player protection and auditing group eCOGRA has recently undergone a change in ownership and has become a much more independent entity. eCOGRA is in charge of protecting online casino players and oversees the testing of the integrity of the software programs used by most online casinos. Founded back in 2003 by three different online gaming giants, eCOGRA has provided an invaluable service to online casino gamblers for the last decade in hopes of keeping games safe and fair.

Although eCOGRA was indeed founded and owned by three major online gaming companies, this group has always claimed independence in their audits and granting of approvals of all online gambling establishments including casinos and poker rooms. However, there has always been doubts in regard to the full independence from the founders. These doubts have ultimately generated questions regarding their integrity and the impartial treatment of all parties involved including online casinos and players. However, now that eCOGRA has been bought out by its management, the group hoped that this successful initiative led by chief executive Andrew Beveridge will bring better things for all.

Even though there has been a  change in ownership it does not mean that the organization will still be in the hands of executives in the online casino industry and there are other specific rules that are been written regarding future potential conflicts of interest Among those rules eCOGRA’s owners are no longer allowed to be “software providers, online casino operators or others players in the online gaming arena.” eCOGRA’s staff of technical experts and responsible gambling and audit specialists has placed the organization in a position of being able to offer premium Internet gambling business services and news release adds that clears that the group “enjoys business relationships with major trade associations and several international licensing jurisdictions•”.

 

Land-Based Casinos Suing Online Casinos

Friday, December 10th, 2023

These days anything goes if you want your business to stay afloat. Apparently, brick and mortar casinos have been hit hard by the recession and are turning to desperate measures to stop their ship from sinking. Even with land-based casinos still enjoying from their always well-liked success, these venues are always looking for new and shall we say inventive ideas to keep more cash flowing. Even if this means stomping on some legit businesses. One of the ways land-based casinos are using is trying to eliminate the competition, but not their next door neighbors but their virtual threats: online casinos.

One casino located in Athens, Greece has decided to try this out and attack an online casino that they feel wronged their business. The land-based casino called Parnes Casino is suing the online business Casino848 for revenue they claim to have lost due to unlawful infringement of the online casino in their specific market. In this country the law allows for online casinos  licensed by the government to legally operate there, however this one casino, a subsidiary of 888 Casino, does not possess a Greek online casino license.

Since this online casino did not have a Greek license, they were not allowed to operate in the country nor allowed to advertise there and this is exactly what they did. Not only did this online casino promoted themselves over a long period of time, they did it with huge billboards and posters within a very short distance from the Parnes Casino and this is what they’re using in their lawsuit alleging that they have lost a massive amount of revenuer resulting directly from the illegal advertising. In order for them to see what happens with their claim, they’re going to have to be patient or else, join in the online gaming industry for faster results as many of the Greek community are huge fans of online casino games like slots, poker and others.