Newsazenplay.comCrypto casino and sportsbook Gamdom said an unauthorized connection to an automation server led to a breach of its hot-wallet system. The operator took its systems offline and reported losses of just over $3 million, while saying remaining funds were moved to cold storage.
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Online casino Gamdom confirmed a security breach after its hot-wallet holdings reportedly fell from about $10.5 million to approximately $76,000. The operator relaunched services and announced bonuses and a giveaway after estimating its loss at more than $3 million.
Socure data cited by Action Network showed a sharp increase in fraud attempts connected with World Cup-related online gaming activity. More than 90% of the attempts involved real consumer identities rather than entirely fabricated profiles, with attackers using accounts, promotions and payment…
North Carolina fined Underdog $175,000 after identifying 38 accounts that had placed wagers before age-verification controls detected the issue. The operator self-reported the failure, and eight of the accounts placed wagers before being identified.