Posts Tagged ‘vegas technology software’

Go Casino and Online Vegas Publishing CFG Monthly Payout Reports by Jacobson Gaming

Tuesday, July 27th, 2010

CFG-SealThere’s no doubt you’ve heard of Go Casino and Online Vegas Casino, especially if you’ve surfed amongst the pages here at OCS. Rated in the Top 10 of all online casinos approved and reviewed at OCS, Online Vegas and Go Casino have endured the test of time and earned a fantastic track record with players from all around the world, including the USA. Owned and managed by the same company, Curacao-based Favian International N.V., Go Casino and Online Vegas are an exemplary definition of self-imposed transparency.

What I mean by this, is that unlike other online casinos which either lack in transparency completely (i.e., many of the gaming establishments based in Costa Rica) or are mandated to maintain a high standard of transparency (i.e., eCOGRA approved online casinos), Go Casino and Online Vegas hold themselves up to their own high standard of transparency.

So, what exactly do I mean when I say “transparent”? Well, first and foremost, a transparent online casino is one which does not just tell it’s customers how safe and fair they are, but provides documents prepared by recognized and accredited third parties attesting the same. The three most important documents you, the player, should always look for is a validation seal provided by the authority in charge of regulating the online casino, a software fairness seal attesting to the inherent fairness and proper functioning of the Random Number Generator (RNG) programmed into the software, and lastly, monthly payout percentage reports.

It’s important to have all three of these documents, or at least the first and the third, because a software validation seal alone does not guarantee the online casino isn’t tweaking the source code from month to month, especially when the casino is not being strictly regulated or not regulated at all (as is the case in Costa Rica). The payout percentage report essentially tells all.

That said, after the “glowing” introduction for Go Casino and Online Vegas, it should go without saying that these two online casinos have all three of these documents to show for. And the great thing about it all, is that they aren’t even required to do so. Is that a gesture of good faith, or what? While Go Casino and Online Vegas are certainly regulated on an ongoing basis (through the Curacao eGaming Licensing Authority; Netherlands, Antilles), until recently, they were not even required to link to a regulatory validation seal. Now, you can see that seal on the homepage of both casinos (as can you at all online casinos licensed in Curacao).

What’s even better, is that both Go Casino and Online Vegas are now publishing monthly payout percentage reports prepared by the esteemed independent software testing house, Certified Fair Gambling (Jacobson Gaming), which is overseen by mathematics and analysis expert, Dr. Eliot Jacobson (jacobsongaming.com), and whose associates include the likes of actuary, Michael Shackelford (The Wizard of Odds). They also hold credentials attesting to the inherent fairness of their licensed software platform: Vegas Technology.

So, just what do the numbers say, pray tell? See them for yourself! Here is the pdf document for the Go Casino June 2010 Payout Report and the Online Vegas June 2010 Payout Report. In the future, just click the CGF logo on the homepage of both casinos to see the most current payout reports.

This is pretty huge folks, especially for Vegas Technology Software. I can probably count the number of U.S. focused online casinos actually publishing monthly payout reports on one hand – and Go Casino and Online Vegas are two of them.

Now, this isn’t to say that other online casinos are not offering a fair hand or even receiving monthly audits. It’s simply that they are not taking the extra step to publicly share this information with their players and prospective players, at that. This is what online casino operator transparency is all about – and it’s something that we here at OCS will continue to urge other online casinos to step up. Currently, we are directing our efforts to encourage a number of highly rated RTG, Rival and Top Game-powered online casinos to publish monthly payouts.

In the meantime, OCS highly encourages prospective players to visit Go Casino and Online Vegas to claim thousands in free welcome bonus money, free tournament entries, staking a claim at over $410,000 in guaranteed tournament winnings for the month, and yes, getting a safe and fair hand. Read the OCS Go Casino Review and Online Vegas Review for more information.