Data: How the black market ‘weaponises’ licensed brands to target World Cup engagement

by iGamingExpert
2 minutes read
While the eyes of the world will be fixated on the on-field battles during the FIFA World Cup, a similarly hard-fought clash is unfolding behind the scenes between licensed operators and the black market.

The brand protection company Corsearch warned that illegal betting platforms are weaponising regulated brand identities through phishing and fake domains to ‘funnel users into the black market’.

It was revealed that betting-related phishing scams often more than double during major tournaments, as the firm said that this figure rose 118% month-on-month during last year’s sporting summer.

This data is particularly concerning for the World Cup, which kicked off yesterday (11 June), given that the tournament is projected to be the biggest betting event in history, with $60bn expected to be wagered.

However, the United Nations Office on Drugs and Crime last year warned that illegal betting volumes could surpass the legal market based on previous trends, meaning the betting boom expec..

News. Research. Education. Discussions.
Raising industry standards on player protection, across the board.

FORGOT PASSWORD

Email sent

Leave a Comment

You may also like

Player-Protection-hub-logo-white

The Player Protection Hub is the centralised location of the best educational content, and most relevant news in the responsible gambling and player protection fields, anywhere in the industry.

Editors' Picks

Latest Posts

Player Protection Hub – is delivered by SBC. All Rights Reserved.

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.