Michael Hirst OBE, the independent chairman of eCOGRA has announced
the appointment of Swedish national Karl Magnusson (30) to the board
of directors of the online gambling self- regulatory body.
Magnusson is a director of software developer Ongame in Sweden which
powers one of the largest poker networks, Poker Room.com in the booming
poker room industry. He is also a director of UK companies Ongame
Limited and Nordicone Limited and has extensive financial and general
management experience with major organizations like ABN Amro's Alfred
Berg Asset Management and the financial statistics department of the
government of Sweden..
He holds a Master's degree in Economics from Uppsala University in
Sweden.
"We welcome Karl's membership of eCOGRA's board of directors,"
said Hirst. "He brings valuable financial and management
expertise which will complement the high caliber of professional management
capability eCOGRA has in its independent directorate through respected
figures such as Bill Galston and Frank Catania, together with leading
industry executives John Anderson of Cassava and Roger Raatgever of
Microgaming."
Ongame recently became the third major online gambling software company
to join the eCOGRA self-regulatory initiative, which seeks to protect
players through the "Play It Safe" seal on 56 top online
casino and poker room sites covering the bulk of business in the sector.
eCOGRA provides an international framework of best operational and
player protection practice requirements called eGAPs which is enforced
through inspections and reviews, and continuous monitoring by independent
global audit companies.