TBD

Digital Gaming and Sports Wagering:
Emerging Fraud Risk Considerations and Trends
Digital platforms and products have become a driving force behind the growth in the iGaming and sports wagering industry.   As the mobile and online operations market for these products continues to expand into new jurisdictions, companies are at risk of increases in perpetrated fraud and new ways in which malicious actors utilize products and platforms to facilitate this.  Fraud can have significant impact on companies’ operating revenue as well as increases in regulatory and reputational risks.

This session will explore the growth of digital gaming and sports wagering operators, the use of payment processors and how different products and platforms are being used to facilitate fraud.  The panel will address profitability and fraud prevention, including managing impact on chargebacks as well as the impact of operating in multiple jurisdictions.  The panel will also address how innovative products such as NFTs, can be susceptible to fraud as well as how the risks for account takeover and identity theft through fraud rings can impact multiple patron accounts and product usage.  Finally, the panel will explore risk mitigating strategies and important compliance functions to minimize the likelihood of risks materializing or severely impacting company operations.