Independent international compliance specialist eCOGRA was granted Class II licences by the Romanian regulator Oficiul Național pentru Jocuri de Noroc allowing it to audit and test online gambling operators and software providers seeking Romanian licensing.
The move positions eCOGRA among the first testing agencies that have satisfied the strict requirements of the regulator in terms of experience, capacity, financial standing and management.
CEO of eCOGRA says that the firm is committed to supporting its customers in each of the jurisdictions where they can opt to offer their products and there has been a big interest in the Romanian market and its regulatory compliance requirements from software providers and operators.
“Although the effort to fulfil the Oficiul Național pentru Jocuri de Noroc’s requirements for Certifier and Auditor approval was significant, we were comfortably able to achieve this based on our independence, financial standing and the depth and experience of our professional staff and resources,” he said. “We are looking forward to working with both new and existing clients and the Romanian regulator in this exciting new licensing jurisdiction”.
The country’s online gambling regulations have been framed after consideration and consultation with several successful regulatory bodies from Europe, and are designed to to be both protective and practical in a customer sense. This is backed by an energetic enforcement infrastructure which is being deployed against illegal operators that try to access the Romanian industry.
The credibility and professional experience of testing and auditing agencies that work with Oficiul Național pentru Jocuri de Noroc to ensure that operators and software providers are compliant is a critical element within the country’s regulatory framework, and agencies must meet the tough requirements for acceptance.
Founded in 2003, eCOGRA was established to improve operational standards and player safety requirements in the remote gambling space. The company has amassed a wealth of experience in implementing international standards and requirements and ensuring that these are maintained through regular review and monitoring.
