The global online gambling industry faces a surge in cyberattacks and data breaches, prompting operators to adopt rigorous security frameworks to protect sensitive customer information and maintain compliance.

Key Points

• The global online gambling market is projected to reach $154 billion by 2030, growing at an annual rate of nearly 12%.
• iGaming fraud incidents surged by an average of 64% year-over-year between 2022 and 2024.
• Major industry players, including Flutter Entertainment and Wynn Resorts, have recently suffered significant data breaches affecting hundreds of thousands of users.
• Supply chain vulnerabilities are a growing concern, with the global cost of software supply chain attacks expected to hit $138 billion by 2031.
• Industry experts recommend adopting ISO 27001 and ISO 27701 standards to manage data risks and meet regulatory requirements like those from the Gambling Commission.

Why it Matters

Cybersecurity threats pose an existential risk to gambling operators because downtime and data loss directly erode customer trust and revenue in a highly competitive, 24/7 market. By implementing standardized security frameworks, firms can better navigate complex international regulations while defending against increasingly sophisticated attacks on their interconnected digital supply chains.