10 October 2011
10 October 2011 |
Online Casinos Take Matters into Their Own Hands 29 Jun 2006 The online casinos industry, just over a decade old, is a force to be reckoned with. From starting out with a handful of sites, this industry has developed at an unprecedented pace. Gone are the days that the online casinos industry was willing to sit back and let the market forces determine its future. This industry has come of its own and is demanding to be recognized and regulated in order to progress into the future. Online casinos want to finally be seen as responsible and reputable companies and are taking proactive measure to prove this. One of the major moves that online casinos have initiated is the establishment of a number of independent standard authority organizations (watchdog organizations). Groups like eCOGRA have the sole purpose of encouraging online casinos to comply to their strict level of standards of responsible and honest gambling, and in turn the online casinos are rewarded a seal of approval. This seal is a sign for online gamblers that the website has been examined and accepted into the eCOGRA group of ‘safe’ online casinos. Online casinos also have lobby groups which look out for their best interests in the political and legal arena. These groups lobby the governments and law makers to push for legislation that will get online casinos accepted into mainstream society
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