Gambling Is Targeted by Fraudsters Less Often Than Video Gaming

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OCNJ Daily

KYC at US Gambling Sites: Overview

As online gambling across the US increases, it has been essential to make the industry safer than ever. KYC stands for know your customer. It is a way that online gambling websites keep track of their clients and protect them. This regulation safeguards players and upholds integrity in the industry. The KYC process helps protect against money…

Law ・ 13 February 2024

Irish Examiner

Ultimate Guide to Combat iGaming Frauds

At the core of every successful iGaming experience lies the mantra of safety. In an era where cybercriminals are lurking in every corner of the digital space, protecting yourself from scams in international casino has never been more vital. This article sheds light on the basics of online gambling fraud, how it occurs, repercussions, and…

Payment Methods ・ 22 October 2023

Novinite

Cryptocurrency Regulations in Online Gaming

The advent of blockchain and cryptocurrencies has taken the entertainment industry to a whole new level. These digital currencies have enabled the gaming world to reach more players worldwide by simplifying transactions between companies and gamers. However, even as more game designers continue to develop new crypto games, they constantly face the…

Crypto ・ 24 August 2023

thecompanion.in

India’s Evolving Online Gaming Laws

Online gaming, betting, and gambling are activities that involve playing games or placing bets on the outcome of events using the internet or other digital platforms. These activities can be classified into two broad categories: games of chance and games of skill. Games of chance are those where the outcome is determined by random factors, such as…

Law ・ 21 August 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

Niche Gamer

A Comparison Between Video Game Bonuses and Online Casino Bonuses

Since EA games described their loot boxes as "surprise mechanics," there's an ongoing debate on similarities and differences between video games and betting. This is especially true in the era where we're undergoing a huge expansion of the online casino industry. While both have elements beyond the player's control (like NPCs in video games and the…

Games ・ 07 July 2023

GamingLyfe

The Benefits of Using Stablecoins for Crypto Gambling

The use of stablecoins in the casino industry has increased recently. Stablecoins have gained popularity in the gambling industry due to their stability and the advantages they offer over traditional payment methods. One might ask why anyone would use a stablecoin for gambling purposes if the primary value of cryptocurrencies lies in their…

Crypto ・ 23 March 2023

Spieltimes

Rise of the Digital Casino: Understanding the Popularity of Online Gambling

Online casinos have become increasingly popular in recent years, with the global online gambling market growing at an average of 11.5% each year from 2017 to 2021 and estimated to reach a total value of $127 billion by 2027 (Statista). This is due to the convenience that virtual platforms provide, allowing anyone with an internet connection access…

Industry ・ 28 February 2023

Malta Today

UKGC teams up with the UK government to reduce access to unlicensed casinos

Even if it may seem that casino games and activities have just recently become popular, once the internet took over, that's not the case. Casinos have been around for centuries, and casino games have been around for even longer. Some researchers even believe card games emerged in eastern Asia, where China is today, as far back as the 11th or 12th…

Law ・ 06 January 2023

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costaricapages.com

Online Gambling Market in Australia Overview: Current Trends and Future Aspect Analysis to 2027

According to IMARC Group's latest report, titled " Australia Online Gambling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' the Australia online gambling market reached a value of US$ 4.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2027, exhibiting a CAGR of 8.1%…

Industry ・ 13 December 2022

Casino Guru

Americans spend $500bn on illegal gambling annually

Long overdue, the American Gaming Association has issued a new report on the state of the illegal gambling industry in the United States at a time when and the District of Columbia have legalized their betting activities, and at least five states in the country are pending launches, along with six or so states that presently allow online casino…

Law ・ 03 December 2022

Gambling Commission

Changes in the gambling landscape

Following the publication of our latest Industry Statistics, we are reflecting on the shape and size of the gambling industry in Great Britain - including the impact of macro trends on gambling behaviours and the impact of the Covid-19 pandemic. Today approximately 15 million people gamble on products licensed under the Gambling Act 2005 in Great…

Industry ・ 20 December 2022

Newswires

Australia online gambling market Share, Demand, Current Size, Future Value and Regional Analysis by 2022-2027

SHERIDAN, WYOMING, UNITED STATES, September 11, 2022 / EINPresswire.com / -- The IMARC Group provides extensive analysis of the Australia online gambling industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises…

Industry ・ 12 September 2022

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Gambling News

Sumsub Releases KYC Guide for the European Gambling Industry

Sumsub, the online identity verification services provider that offers an all-in-one know-your-customer (KYC) and anti-money laundering (AML) service, released a new report. The whitepaper, titled "KYC for the gaming industry: Europe" offers a guideline for gambling operators describing challenges related to KYC as well as age and identity…

Industry ・ 17 August 2022

Research Snipers

How do online gaming websites protect you from hackers and cybercriminals?

Although it is often said that "crime doesn't pay", online fraud is a big business. According to recent industry reports, online fraud is at an all-time high. Indeed, a recent industry report compiled by the auditing and accounting firm PwC found that around two-thirds of the tech, media, and telecommunications businesses surveyed experienced some…

Industry ・ 15 July 2022

Lexology

The road MAP to advertising real money online gaming

The popularity of online gaming platforms has soared high in recent times with enthusiasts from all age groups. The rising trend of demand for such games has made it critical to speculate its promotion through advertisements. The Ministry of Information and Broadcasting (" MIB ") has issued an advisory (" Gaming Advisory ") dated June 13, 2022 to…

Industry ・ 29 June 2022

Online Poker Report

US Online Gambling Operators Seeing High Player Fraud

US online gambling fraud attempts declined 16% this year, TransUnion told Online Poker Report today. That's a good sign, but those rates are still higher than Europe's, TransUnion's Declan Raines noted to OPR. Raines, the head of US gaming for Chicago -headquartered TransUnion, said those US fraud attempts usually take the form of online casino and…

Trust and Safety ・ 29 April 2022

Dark Reading

How Casinos Can Prevent Loyalty Incentive and Account Takeover Fraud

Cybercriminals aren't picky about their targets - they go where the money is. And they are paying attention to the gaming industry, which makes a lot of money delivering different forms of entertainment. The commercial gaming industry appears to be roaring back from pandemic lows, particularly in the online gaming sector. The U.S. commercial gaming…

Trust and Safety ・ 24 March 2022

Online Poker Report

Online Gambling's Explosive Growth Accompanied By Increase In Fraud

Online gambling is starting to attract more fraudsters. Such a rise in online gambling fraud makes sense. That's because "fraudsters tend to seek out industries that may be seeing an immense growth in transactions." So says Shai Cohen, the SVP of global fraud solutions at Chicago -headquartered TransUnion. "Growth in transactions" may be an…

Trust and Safety ・ 12 February 2022

Gambling News

Fraud.com Set to Combat the Rising Gambling Fraud Issue

According to a CNBC article in August, there has been a considerable jump in online fraud attempts in 2021 compared to previous years. According to cited data from a TransUnion report, the number of cybercriminals targeting the gaming sector soared to 393% worldwide. In the US, the gambling fraud rate reached close to 262%. Suspected digital fraud…

Trust and Safety ・ 01 December 2021

Pulse

What are the rules for online bingo in Nigeria?

The traditional game of bingo is one of the oldest standing games today, having stood the test of surviving deceased and being passed down through the generations. Today's modern game of bingo features many of the same gaming attributes of the original, but there's been some key changes in the last century. Today, the internet has transferred…

Strategy Guide ・ 29 October 2021

PYMNTS

Stopping Fraud in the Online Gaming Marketplace

Big business, online gaming and gambling became even more popular during the pandemic as consumers sought entertainment at home. Players worldwide signed on in droves, and the online gambling market is predicted to rise from approximately $64 billion in 2020 to more than $72 billion in 2021, a growth rate of 12%. In-game assets for digital gaming…

Trust and Safety ・ 21 October 2021

Yogonet

How gambling operators can protect themselves against the growing risk of cyberattacks

new report from TransUnion found that the focus of cybercriminals is shifting from the financial services sector to gaming and gambling, as well as leisure. This requires swift action from operators to fight fraud in the gambling and gaming industry. The US-based consumer credit reporting agency looked at data for the first six months of 2021. It…

Industry ・ 15 September 2021

Yogonet

Digital fraudsters shift focus to gaming, with 36% growth in online gambling during Q2

raudsters are re-focusing their efforts from financial services to the gaming, travel and leisure industries, according to TransUnion's latest quarterly analysis released Wednesday. Gaming and travel and leisure were the two most impacted industries globally for the suspected digital fraud attempt rate, rising 393% and 155.9% when comparing Q22021…

Trust and Safety ・ 11 August 2021

Gambling News

Adex Releases a Report on Ad Fraud Targeting Gambling Campaigns

Adex, the expert in fraud-free advertising released a new report. The report provides an insight into ad frauds, affecting the online gambling industry. Expert in fraud-free advertising, Adex released a new report, identifying ad frauds impacting gambling campaigns. Conducted over 5 months, the study analyzed 4 key gambling industry operators,…

Trust and Safety ・ 06 August 2021

Central Valley Business Journal

New York wants to be the online gambling capital of the world

Andrew Cuomo, governor of New York, will give his government report next week. In it, he will try to establish policies that help his state to recover from the economic impact caused by the COVID-19 pandemic. One of these policies is focused on an activity that his government had rejected and that now stands as one of the central elements for a…

Covid ・ 19 January 2021