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iGaming Fraud is Bigger Than You Think—and Growing Fast

09 Jul 2025

Account Takeover

iGaming Fraud is Bigger Than You Think—and Growing Fast

Online gaming isn’t just “the next big thing.”
It is the big thing.

The global iGaming market is worth $88B+ in 2024.
And by 2030? It’s expected to hit $153B.

That’s deep. That’s wide.
And that’s a huge surface area for fraud.

Now, zoom in.
Over $14.2B is lost annually to bonus abuse and multi-accounting.
51% of operators rank fraud as a top business risk.
And 40% of account takeovers in iGaming involve bots.

Let that sink in.
So what’s really going on here?

We can break it into 3 core categories of fraud:

Identity & Access Fraud
Fake signups, stolen accounts, and bot-driven logins that bypass basic security.

Gameplay Manipulation Fraud
Collusion, casino-run bots, or scripts that kill fairness and ruin trust.

Promotional & Financial Abuse
Fake accounts farming bonuses, or manipulating deposits and withdrawals to evade rules.
Each one eats into trust, compliance, and bottom line.
And each one requires more than just alerts and firewalls.

That’s where CrossClassify comes in.

Our platform combines behavioral monitoring, device intelligence, and real-time risk scoring to detect and prevent fraud—before damage is done.

Because in an industry where milliseconds matter…
So does the decision to act.

Full article with stats and insights in here

CrossClassify

Fraud Detection System for Web and Mobile Apps

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