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February 15, 2009 Online Casino News:
Fraud Fighting Online
Casinos
When a player goes to an online casino
they are usually worried that they are
in danger of losing their personal
information or being ripped off in some
way. There are few players that can go
to an online casino and not concern
themselves with that sort of issue. This
is why the online casino industry is
always working hard to make their
players feel safe when they are visiting
one of their sites.
Now Cryptologic has just announced that
they have taken it one step further in
getting their players to feel even safer
when on one of their sites. They have
teamed up with Ethoca Limited, which is
a community style fraud fighting
company. The company offers a new level
of fraud protection to the online casino
community through them all working
together.
In many cases, the online casino
industry would buy the best fraud
protection software that they could
find. With this method many types of
fraud were discovered, but many were
not. With Ethoca all of the online
casino companies pool their information
together, and therefore can learn from
those other companies that are their
competitors. In fighting fraud they are
a united front, instead of competitors,
and it makes them all stronger.
The idea has been growing in popularity
as the online casino industry realizes
that an unregulated industry can mean
trouble for all of them. If enough fraud
is perpetrated consumers will lose
confidence in them as a whole and they
will all suffer for it. Instead if they
pool their resources they gain a renewed
commitment to the safety of their
customers and their information.
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