Industry Awards
iGaming Fraud Increased 64% YoY: Sumsub Shares Alarming Data in 2024 iGaming Fraud Report

Sumsub, a global full-cycle verification platform, released its 2024 iGaming Fraud Report, with updated identity fraud numbers and predictions for the industry. According to findings, the most popular fraud schemes in the iGaming industry are bonus abuse, affiliate fraud, illegitimate chargebacks, money laundering and account takeovers.
Key findings of Sumsub’s 2024 iGaming Fraud Report include:
- Between 2022 and 2024, fraud in the online gaming sector increased 64% year-over-year on average.
- By country, Bangladesh leads the fraud charts in Q1 2024 with a whopping 8.5% of all applicants being fraudsters, followed by Indonesia (8%), South Korea (6.6%), Pakistan (6.1%), and Bosnia and Herzegovina (6%).
- Selfie mismatch is the most frequent type of fraud attack in gaming, representing 73% of all detected fraud in Q1 2024.
- AI-powered deepfake scams are advancing at unprecedented rates, having grown 10x between 2022 and 2023.
- Money muling remains the most widespread fraud scheme.
“Due to the growth of sophisticated scams and increase in the overall fraud rates in the iGaming industry, simple KYC checks are no longer a guarantee of players’ genuine personas and platforms’ robust protection. To ensure companies best avoid fraud scenarios and remain safe and compliant, they must deploy user identity verification at the onboarding stage in addition to betting pattern analysis and ongoing transaction monitoring,” Kris Galloway, Head of iGaming Product at Sumsub, said.
According to Statista, in 2024, the revenue of the online gambling market is expected to exceed $100B. By 2029, the number of users is predicted to reach 281.3M globally. Between 2022 and 2023, fraud losses for mobile casinos and betting platforms totaled $1.2B. With regulations becoming stricter, leading to millions in fines paid by iGaming platforms every year and license revocations, it is obvious that businesses that choose to settle for minimal defenses will likely suffer heavy financial and reputational losses.
“A combined approach is the best bet against advanced iGaming fraud. Every step of the user lifecycle must be protected—from initial sign-ups to the withdrawal stage. That involves KYC, behavioral intelligence, device fingerprinting, database checks, and more. Sumsub combines all the necessary checks within its full-cycle verification platform tailored to the needs of gaming platforms and operators, ensuring advanced fraud protection and a smooth player journey,” Andrew Novoselsky, CPO at Sumsub, said.
The post iGaming Fraud Increased 64% YoY: Sumsub Shares Alarming Data in 2024 iGaming Fraud Report appeared first on European Gaming Industry News.
Industry Awards
ZettaOnline Wins “Best Payment Service Provider in CEE” at GamingTECH CEE Awards 2025

ZettaOnline is proud to announce that it has been awarded the prestigious title of Best Payment Service Provider in Central and Eastern Europe at the GamingTECH CEE Awards 2025, held on March 26 in Prague during the opening day of the Prague Gaming & Tech Summit, organized by Hipther.
The award marks a significant milestone for the company, which received its first official recognition in the gaming industry. Competing alongside leading fintech and gaming providers across the region, ZettaOnline advanced from nomination to finalist, before being named winner in one of the event’s most competitive categories.
“This award is a tremendous honor and a reflection of our team’s hard work, vision, and relentless drive to provide outstanding fintech solutions tailored to the gaming industry,” said Milena Tsankarska, Chief Commercial and Marketing Officer at ZettaOnline, who accepted the award on behalf of the company. “We’re especially proud that this is our first award in the gaming sector—it inspires us to aim even higher.”
In addition to the awards ceremony, ZettaOnline participated in the Prague Gaming & Tech Summit, engaging in strategic discussions with industry leaders and forging new partnerships
“Events like these are essential for innovation and growth,” Tsankarska added. “We’d like to thank the Hipther team for the outstanding organization and continued support throughout the journey.”
ZettaOnline remains committed to delivering top-tier, secure, and scalable payment solutions to its partners and clients, and this recognition only strengthens the company’s resolve to lead in the fintech and gaming technology space.
The post ZettaOnline Wins “Best Payment Service Provider in CEE” at GamingTECH CEE Awards 2025 appeared first on European Gaming Industry News.
Conferences in Europe
Amusnet Wins Best Online Casino Provider in CEE at the GamingTECH Awards 2025

Amusnet has been named Best Online Casino Provider in CEE at the prestigious GamingTECH Awards 2025, solidifying its leadership position in the gaming industry across Central and Eastern Europe.
The award was announced on March 25, 2025, during the official GamingTECH CEE Awards Ceremony, part of the Prague Gaming & TECH Summit. Since its launch in 2017, the Summit has evolved into a boutique-style event that champions innovation and facilitates valuable connections among industry leaders. Amusnet representatives from the Compliance, Legal, and Account Management teams attended the event, joining discussions on some of the most relevant topics shaping the industry today. The conference focused on key themes such as artificial intelligence innovation, blockchain integration, regulatory updates, fintech evolution, and sustainability practices within the gaming ecosystem.
Celebrating excellence and forward-thinking developments, the GamingTECH Awards recognize outstanding achievements of companies operating on a global scale. Amusnet’s recognition highlights the company’s commitment to delivering top-notch casino products, expanding its diverse portfolio of slot games and live casino offerings.
“We are truly honored to receive the Best Online Casino Provider in CEE award,” commented Irina Rusimova, Chief Commercial Officer at Amusnet. “This recognition reflects the dedication of our entire team and our ongoing drive to deliver exceptional gaming experiences for players while empowering our partners to succeed. It inspires us to keep pushing boundaries and setting new benchmarks in the industry.”
This award highlights Amusnet’s ongoing commitment to excellence and its role in shaping the future of the online gaming landscape in CEE and beyond.
The post Amusnet Wins Best Online Casino Provider in CEE at the GamingTECH Awards 2025 appeared first on European Gaming Industry News.
Industry Awards
GR8 Tech Named Best Sports Betting Provider in CEE at GamingTECH Awards 2025

GR8 Tech has been named Best Sports Betting Provider in Central and Eastern Europe (CEE) at the GamingTECH Awards 2025. The recognition, delivered at the Prague Gaming & TECH Summit, is a testament to GR8 Tech’s high-performance sportsbook solutions, client-centric approach, and commitment to AI-driven innovation.
“Winning this award is a stepping stone toward our larger vision to become the #1 sportsbook-driven platform by 2028,” said Sergey Ghazaryan, CRO at GR8 Tech. “This achievement proves we are on the right track. By combining top-tier technology with business-first thinking, we help our clients in CEE and beyond grow revenue, improve operational efficiency, and deliver betting experiences that drive long-term success.”
This win follows another recent major recognition from International Investor Magazine, which awarded GR8 Tech the Best iGaming Platform Europe 2025, highlighting the company’s growing leadership in the iGaming space.
Pushing Boundaries with AI-Driven Innovation
A key differentiator for GR8 Tech is its fast and scalable, AI-powered sportsbook, built to maximize operator revenue through advanced margin management, personalization, and region-specific optimizations. Operators benefit from automated odds engines, predictive retention models, and AI-driven CRM automation, cutting process times from 2 days to 15 minutes. With AI driving up to 30% revenue growth and 75-80% higher retention when paired with an expert team, GR8 Tech delivers a smarter, more efficient, and highly engaging sportsbook experience.
The company’s thought leadership in AI was also showcased at the summit, where GR8 Tech’s Head of AI, Raid Arfua, hosted a hands-on workshop on AI applications in iGaming CRM, and discussed the rise of AI-based recommendation engines in sports betting, strategies for managing AI-associated risks, and the challenge of distinguishing true innovation from hype in a panel discussion “The Rise of AI in Gaming: Friend, Foe, or Industry Game-Changer?”
As GR8 Tech advances toward becoming the top global sportsbook platform, it continues to elevate industry standards with advanced AI and operator-focused innovation. The company invites iGaming leaders to explore its next-generation solutions and be part of the transformation shaping the future of sports betting.
The post GR8 Tech Named Best Sports Betting Provider in CEE at GamingTECH Awards 2025 appeared first on European Gaming Industry News.
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