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Trending News Stories in the World of Gambling - November 23, 2022 (Noon ET)

Written by:
C Costigan
Published on:
Nov/23/2022

For the past few days, DraftKings and FanDuel have been warning of attempted hacks to betting accounts, some of which proved successful.  One of the biggest concerns is the hackers ability to change the phone numbers in affected accounts and thus have the 2FA identifications take place on the updated phone numbers, those belonging to the culprits.

Ryan Butler of Butler Bets warned via Twitter:

"CHANGE YOUR SPORTSBOOK & DFS PASSWORDS NOW AND SET UP 2FA: FanDuel just emailed me there was a hack attempt on my account, days after after my DraftKings account was hacked. I have 2FA set up and a unique password so looks like I was fine. I still changed my password."

DraftKings confirmed approximately $300,000 was withdrawn from accounts without authorization.

The company claims there is no evidence systems were breached following report of the hack that occurred some time Sunday or Monday.

Paul Liberman, co-founder and president of DraftKings, said via Twitter: "We strongly recommend that customers do not share their passwords with anyone, including third party sites for the purposes of tracking betting information on DraftKings and other betting apps."

The Register described this as a "credential stuffing attack".

This is defined as "a cyberattack method in which attackers use lists of compromised user credentials to breach into a system".

It is further explained how the breach occurs: "The attack uses bots for automation and scale and is based on the assumption that many users reuse usernames and passwords across multiple services."

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Casinos.com Domain Purchased by Gambling.com From Caesars

One of the top super affiliate firms in the online gambling sector, Gambling.com, announced in recent days the acquisition of the domain name Casinos.com for an undisclosed price.

“To continue to best position ourselves for the future of iGaming around the world, we recently completed the acquisition of a superstar marquee domain, which, in our view, is the single most desirable and valuable domain name for companies in our line of business, Casinos.com.

The addition of Casinos.com to our already best-in-class domain portfolio enables us to build another powerhouse global brand alongside Gambling.com using our existing teams, technology and knowhow.”

For some comparisons:

The domain Online.Casino sold for $510,000 back in 2018.

It's interesting to note that the Gambling.com domain sold to what is now the Gambling.com Group back in 2011 for a whopping $2.5 million.

“We see an opportunity to not only do the same thing with Casinos.com, but do it faster with all the lessons we’ve learned in the past 11 years and can do it safely with more laser focus because Gambling.com covers everything. Gambling.com touches on anything related to poker, bingo, sports betting, and casino. Casinos.com is just casinos and casino, as I’m sure everyone on the call knows, is the most lucrative gaming product,” Gambling.com Group CEO Charles Gillespie stated.

GPWA Program Manager passes away days after attending SiGMA

A beloved program manager for the Gambling Portal Webmasters Association (GPWA) passed away in her sleep this week, her family confirmed.

Maria Florides had just attended the SiGMA affiliate conference in Malta last week.

The gaming community expressed their condolences Wednesday morning.

Miles (Myron) Saacks, Senior Affiliate Account Manager for EGamingOnline wrote:

"R.I.P Maria Florides you will be missed my friend lots of love to the family in what must be such a hard time for you all . She will 100% be looking down on you from Heaven . Very Sad Day."

Levon Nikoghosyan, PartnerMatrix CEO, AffPapa Board Member, offered:

"Very sad news about Maria Florides passing away yesterday.  Rest in peace, you will always be missed!"

Details of her untimely death were not immediately known.

- Aaron Goldstein, Gambling911.com

Gambling News

Michigan Wolverines an Early +6.5 Underdog Versus Ohio State

Michigan Wolverines an Early +6.5 Underdog Versus Ohio State Stun the Buckeyes

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Aggressive Line Movement on Clemson Game Was Tell-Tale Sign in Week 1

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NY Times Shock Probe Into US Regulated Sports Betting Industry

NY Times Shock Probe Into US Regulated Sports Betting Industry

It's been a difficult last couple of weeks for the U.S. regulated sports betting sector.  In addition to brands shutting down and wagering accounts getting hacked, now the industry finds it must defend itself against a scathing New York Times investigation, all while the Times colleagues continue crawling into bed with said operators.

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