November 4 - A study carried out by eCOGRA, the leading standards and player
protection body in the online gaming industry, reveals that 67% of the consumer
facing responsible gaming Standards implemented by the EGBA, the association of
European gaming and betting operators, match or even exceed those applied by 10
of Europe's largest gambling monopolies.
The results show that:
- 43% of the standards applied by the private operators match those of the
monopolies;
- 24% exceed those of the monopolies;
- Only 4% of the standards applied by the private sector are deemed to be lower
than those of the monopolies;
- The remaining standards could not be benchmarked against those of the
monopolies either because of insufficient information (21%) or inapplicability
(8%)
In a fast changing online environment, rigorous monitoring of the best
existing practices is essential so as to allow a continuous process of updates
and improvements. In this context, in May 2008 the EGBA appointed eCOGRA to
carry out a study that would benchmark some of Europe's leading gambling
monopolies against the EGBA's own Standards governing consumer protection,
security and social responsibility that it requires all of its members to meet.
EGBA welcomes the results of the study that provides the first ever
fact-based and comparative assessment of the practices in place at both private
sector operators as well as those of government controlled monopolies.
According to Sigrid Ligne, Secretary General of the EGBA: "This study shows
us that there are lessons to be learned by both the monopolies as well as the
private sector. However, it also clearly dismisses the argument that private
sector companies are failing to provide consumers with similar levels of
protection and responsible gaming practices. In fact the evidence shows that it
is the private sector that is leading the field in this important area and
results are a testament to the major commitment and strong leadership of EGBA
operators towards developing a comprehensive and consistent package of
responsible gaming practices".
At a time when responsible gaming is at the heart of political discussions in
Europe, eCOGRA's study gives clear evidence that two thirds of the consumer
facing tools and practices in place at the EGBA members offer protections that
either match or exceed those offered by the monopolies. It also shows the need
for improved transparency as 21% of the Standards could not be benchmarked due
to either insufficient information being available on the exact equivalent
practices of the monopolies or the fact that they were not accessible.
Sigrid Ligne: "I am confident that this study will improve the understanding
of all stakeholders throughout Europe on the important issue of consumer
protection and responsible gaming. From now on, it will provide a valuable
reference for those making political decisions about the future of online gaming
at EU as well as at a national level".
Andrew Beveridge, CEO of eCOGRA added: "Self-regulation in the online gaming
sector is an important tool and great complement to formal regulation.
Legislators should seek to draw upon the considerable and effective efforts made
by the private sector and promote similar initiatives throughout the EU".
About EGBA:
The EGBA is an association of the leading European gaming and betting
operators Bet-at-home.com, bwin, Digibet, Carmen Media Group, Expekt,
Interwetten, PartyGaming and Unibet. EGBA is a Brussels-based non-profit making
association. It promotes the right of private gaming and betting operators that
are regulated and licensed in one Member State to a fair market access
throughout the European Union. Online gaming and betting is a fast growing
market, but will remain for the next decades a negligible part of the overall
European gaming market in which the traditional land based offer is expected to
grow from € 80 Billion GGR in 2007 to € 95 Billion GGR in 2012, thus keeping the
lion's share with 90,6% of the market. Source: Global Betting and Gaming
Consultants, May 2008
About eCOGRA:
eCOGRA is an independent non-profit London-based organisation that provides
an international framework for best operational and player protection practice
requirements, with particular emphasis on fair and responsible gambling. These
are enforced through inspections and reviews, and continuous monitoring.
Companies that have achieved accreditation with eCOGRA are entitled to bear the
organisation's "Safe and Fair" seal, indicating to players everywhere that all
operational systems and games are continuously monitored to consistently meet
high standards.
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