Like many of the longstanding operators in the online casino industry, eCOGRA has a storied history that has seen numerous ups and downs. Two years ago, the company underwent a management buyout that sought to drive them on to even further growth and now many of those plans are coming to fruition.
The fact that eCOGRA is in the news is also of great benefit to us here at Mr Gamez and our readers, as it presents the perfect opportunity to take a quick look into exactly what eCOGRA is and how it has managed to become one of the most important companies in the industry without designing or releasing a single casino game.
To quickly put things into perspective, eCOGRA stands for e-Commerce and Online Gaming Regulation and Assurance and is the largest company of its type. At a basic level, the company certifies the software and systems of a wide range of online companies covering not only casino games but also sports books, bingo and just about every online platform that provides gaming transactions. They do this using their own proprietary software to calculate pay out rates and draw on the skills of specialist staff that includes everything from IT and security professionals to chartered accountants. Indeed, it will come as no surprise that the checks and tests that they carry out are primarily numbers driven, a fact attested to by the fact that some of their main commercial competition in the sector comes from mainstream accountancy firms such as KPMG and PricewaterhouseCoopers.
Basically, they are one of several companies that offer their services to online casinos and other operators to independently assure players of fairness. They are primarily associated with Microgaming casinos, with whom they have had a close relationship over the years. The company even tests Microgaming games at a developer level, ensuring that players are receiving the exact experience that has been advertised. This agreement allows many online casinos to automatically receive a certain approval rating from eCOGRA, and visitors to some of our most highly rated Microgaming casinos like Royal Vegas and All Slots will see the ‘eCOGRA Safe & Fair’ symbol displayed proudly throughout the site.
As noted, many of the test that are carried out on the games take place before they even hit the casinos themselves, meaning that all of the Microgaming titles here at Mr Gamez have been checked to ensure that they pay out as they should and offer all of the chances of winning that are advertised. Effectively, this means that whether you are playing Hellboy or Untamed Giant Panda here on the site, eCOGRA had a hand in getting that title ready to enter the market.
As noted earlier on in the post, this overview ties in particularly nicely with some news that has come from eCOGRA in the last week, whereby Executive Director Tex Rees announced that a further ten staff have been added to their team – a significant number considering that the company had little more than ten full time staff only a few years ago. In line with their core business, these staff have been hired from backgrounds in chartered accountancy, systems auditing and software testing. The hiring comes as eCOGRA finds its services becoming more in demand as new online casinos attempt to take control of a chunk of the market. Indeed, Tex Rees himself weighed in on just why the expansion is important while also giving players an insight in to how eCOGRA works.
“Our substantial investment in technology and human resources will favourably enhance our ability to meet clients’ need and the licencing jurisdictions’ stringent criteria for accredited testing facilities. Based on unsolicited feedback, we are confident that our clients are more than satisfied with our testing and certification services, particularly in regulated markets such as Spain, Denmark and Italy.”
Overall, eCOGRA is and will continue to be one of the very biggest players in the casino industry and if you see their accreditation symbols when looking out for a new online casino then the chances are that you are in very safe hands. As noted, many of the leading Microgaming casinos carry such accreditation and you can find out more about our top choices in the Mr Gamez online casino review section.