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Fraud in the online gambling sector continues to evolve, creating new challenges for operators. In 2024, there was a 15% increase in fraud cases compared to the previous year, necessitating new strategies to combat this threat. Let's examine the main types of fraud and the measures to prevent them.

Identity Document Forgery

Fraudsters use fake documents to register on platforms, gaining access to accounts and committing illegal actions. According to the report, the number of document forgery cases increased by 20% compared to the previous year. This creates serious risks for operators who must combat unauthorized access to accounts.

Payment Fraud

The use of stolen or fake credit cards to top up accounts leads to financial losses for operators. In 2024, payment fraud cases increased by 64% compared to 2022. These actions not only harm operators but also undermine user trust in the platforms.

Money Laundering

Online gambling platforms are often used to launder illegal proceeds. In 2023, money laundering was the second most common type of fraud. This creates additional risks and complexities for operators, requiring enhanced transaction control.

Technological Solutions for Combating Fraud

To effectively combat fraud, operators are recommended to implement modern technologies. For example, artificial intelligence (AI) and machine learning (ML) are highly recommended tools. These technologies help automatically verify the authenticity of documents and detect suspicious transactions.

Additionally, the use of biometric data, such as fingerprints, facial recognition, or iris scans, makes it significantly harder for fraudsters to access accounts. In the first quarter of 2024, the number of attempts to deceive the verification system increased noticeably—two years ago, such attempts were less than 0.5%, but today they are at 1.1%. The biometric authentication method ensures a high level of security and convenience for users as it eliminates the need for physical documents and complex passwords, reducing worries about account breaches.

Investing in Security

Companies that actively invest in security systems and staff training can significantly reduce risks and ensure the safety of their clients. Implementing advanced technologies and strategies allows for effective threat counteraction and protection of both platforms and users.

In conclusion, fighting fraud in iGaming requires a comprehensive approach and constant updates to technologies and protection methods. Operators who follow these recommendations can minimize risks and ensure a safe gaming environment for their users.