RGA endorses Internet Gambling Initiative:
07 July 2007
RGA-Remote Gambling Association has announced an endorsing of the Safe and Secure Internet Gambling Initiative (SSIGI). Working to promote legalizing and regulating online gambling in the USA.
In May of 2007 the SSIGI was created by two U.K. based companies in order to help strengthen the bill bought forward by Rep. Barney Frank. Which is to license and regulate online gambling in the USA.
Raising awareness that regulating online gambling would better protect consumers, as well as financial transactions.
RGA represents some of the largest global remote gambling companies and have said they will sure support SSIGI.
Clive Hawkswood a chief executive for RGA stated “RGA endorses the Safe and Secure Internet Gambling Initiative in its mission to support regulated Internet gambling and protect consumers betting online”. Hawkswood also stated: “Internet gambling is capable of control in order to prevent it from being used as a source of crime”. “Only through regulatory framework as championed by the Initiative will proper protections be in place to guard against money laundering, fraud and identity theft.”
Spokesman for SSIGI, Jeffrey Sandman, expressed the organizations gratitude for the RGA’s support and encouraged others to show support.
The RGA has provided statements to the House Committee and Financial Services that a regulatory framework for Internet gambling would protect consumers and provide a safe means for Internet gambling financial transactions.
SSIGI has said that other endorsers include eCOGRA, GamCare and the European Gaming and Betting Association.