Gambling businesses are very attractive for internet thieves

22 February 2025 – By Cristian Dragomir

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Thanks to the revenues in the gambling sector, online casinos and other internet-based gambling businesses have become very attractive for the so-called internet hackers. Companies have combined forces to secure a steady profit influx and collaborate with each other in the battle against online thieves trying to steal their profits. In 2025 online casino sites reported more than 4 million cases of fraud and abuse, including financial frauds, scams, stealing of accounts or identity theft.

Iovation is a leading company that offers internet security tactics for online casinos and other gambling businesses. The company’s devices are assisting these online casinos and internet-based gambling companies in combating the hackers. The firm has successfully stopped more than 35 million fraud attempts in 2025 alone. These numbers mean a huge success for the internet security tactics firm and also a win for online-based casinos.

In 2025, a group of countries had a huge number of transaction denials, especially at online casinos. The list includes Ghana, Nigeria, Korea, Israel, Columbia, Argentina, Philippines and Malaysia. In these countries there are a lot of people with computer hacking skills but companies like Iovation make the online environment a little bit safer.

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