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 eCOGRA, an independent organization that protects players by identifying safe and fair gambling establishments, has been bought out by its management in a successful initiative led by chief executive Andrew Beveridge. The organization was originally founded by three major poker networks but now it has officially cut ties with its founder owners and has made it clear that it will never include software providers, online casino operators or others major players in the online gaming industry in its owner structure again.
The independent directors that worked with the group prior to the buy-out will retain their position on the new board. Michael Hirst will chair the board and Bill Henbrey, Bill Galston, and Frank Catania will continue being on the board.
eCOGRA's services and operational structure will remain largely unchanged. They will still mediate disputes between players and approved sites and will still thoroughly assess and monitor sites prior to giving them a Safe and Fair seal of approval. All approved sites will still be regularly audited to assure that they adhere with strict industry standards but the TGTR outcomes-based software monitoring system will be expanded, especially with non-accredited entities.
The company hopes to one day assist countries and states around the world in establishing online gambling within their borders. Commenting on the buy out the company's chief executive officer stated, "Going forward eCOGRA intends to become a major force in helping shape new gaming regulations, offering specialized advice and assistance to existing and emerging jurisdictions and at the forefront of establishing industry standards."
As always, stay tuned to Casinofan for more news and updates.
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