The online gambling industry has grown into one of the most dynamic areas of digital entertainment. Millions of players log in every day, expecting fair play, fast payouts, and a smooth user experience. But where there is money, fraud and money laundering quickly follow. XTN Cognitive Security helps online gambling and betting operators protect platforms from fraud, money laundering, and evolving digital threats.
Every interaction matters. When operators cannot verify who is truly playing, they risk losing both money and reputation. XTN ensures that every player is genuine, every transaction is secure, and every account is trusted.
The types of fraud affecting online gambling and betting platforms today include highly sector-specific cases such as Bonus Abuse, Gnoming, and Collusion. Money laundering is also becoming increasingly prevalent, with platforms serving as an effective channel to quickly clean illicit funds. Equally significant are Account Takeover, which targets legitimate accounts, and the use of Bots capable of mimicking player behavior and evading control systems.
Let’s take a closer look at each of these:
Multi-accounting and Multi-device Fraud
Fraudsters create and manage multiple accounts and devices to manipulate the platform. This includes:
Money Laundering: Criminals use accounts and bots to place strategic bets and launder illicit funds.
Account Takeover (ATO): Hijacked accounts allow fraudsters to steal funds, credits, or personal data, eroding player trust.
Bots & Agentic AI: Automated or human-like bots mimic player behavior, exploiting platform vulnerabilities.
New Account Fraud: Newly created accounts can mask fraud, from bonus abuse to laundering, detectable via behavioral signals.
Discover how a large European Gambling Group 100% stops ATO and Coupon Fraud thanks to the adoption of XTN’s fraud prevention solutions.
Read the full business case here.
Digital fraud and cyber threats can impact a Gambling and Betting services by:
• Regulatory violations
• Loss of Customer Trust
Have any question? We’d love to hear from you.
Copyright © XTN Cognitive Security S.r.l. 2025
Mian – Padua – Trento
New York
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VAT ID / P.IVA IT04395340286
REA TN – 201845
Share capital 10,000 €
XTN Cognitive Security’s “Information Security Management System” is ISO/IEC 27001:2022
XTN Cognitive Security's information security management system is ISO/IEC 27001:2013
