A new report on online gambling from iovation—which provides online gambling fraud protection—found that betting through mobile apps was up 95 percent over the previous year.
The report is based on an analysis of over 518 million transactions from more than 100 gambling operators and platforms.
The report found that mobile gambling has been increasing for the last five years as players are not only using their mobile devices to gamble, they are using them to pay for their online gambling. The company found that 70 percent of all online gambling transactions are now made using mobile devices.
Operators still face problems from attempts o cheat their systems, the report found. The biggest area of fraud involves promotional bonuses. In the past three years, iovation records bonus abuse rising by 287 percent.
The report also notes that instances of cheating is growing and grew by 12 percent in 2018.
“Lone bad actors and serial cheaters aren’t going away, but a new class of organized fraud rings that are working collaboratively across the globe poses a major threat,” the report said. “iGaming businesses must evolve their response to such threats. Innovative technologies such as device intelligence, device-based authentication and data analytics have proven essential in helping operators to distinguish threats from the mass of legitimate players.”
