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DraftKings not only sports betting platform dealing with hackers
DraftKings isn’t the only sports betting platform that has been hacked.
Multiple sports betting platforms have seen increased unauthorized activity in accounts, resulting in funds disappearing, according to Front Office Sports. And the sports betting industry is bracing for more hackers attacking accounts, too.
Front Office Sports added the two ways most scammers have been committing fraud: Finding personal and banking information to create an account on one of the betting sites from the dark web or using email addresses and passwords that matched compromised login information on other sites to access existing betting accounts.
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DraftKings is catching lots of heat from customers who were hacked, with close to $300,000 in funds being affected.
Customers affected were locked out of their accounts and some had sizable withdrawals from accounts, all while a direct customer service number wasn’t found. However, DraftKings doesn’t believe they were directly hacked.
“DraftKings is aware that some customers are experiencing irregular activity with their accounts,” Paul Liberman, co-founder of DraftKings, said in a statement obtained by Fox News Digital. “We currently believe that the login information of these customers was compromised on other websites and then used to access their DraftKings accounts where they used the same login information. We have seen no evidence that DraftKings’ systems were breached to obtain this information. We have identified less than $300,000 of customer funds that were affected, and we intend to make whole any customer that was impacted.
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“We strongly encourage customers to use unique passwords for DraftKings and all other sites, and 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.”
FanDuel also sent out an email to its customers, warning “of a hack impacting some other sports betting websites.”
BetMGM and others have been contacted by customers about being affected by hackers.
“We are aware of the report and are actively investigating the matter, working closely with our risk, payments and compliance teams,” BetMGM said in a statement to Front Office Sports. “Player safety and security is of utmost importance to us.”
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Stories from customers said that, despite having two-factor authentication, hackers were able to change the account’s phone numbers. So, the code needed to log in to the account will go the hacker’s phone instead.
Due to the situation, DraftKings stock took a bit of a dive on Monday, with DraftKings later acknowledging the hacking.
“We are aware of reports of customers having issues with their accounts, and we are investigating,” they tweeted. “If any customers are having issues with their accounts, please contact Customer Experience Team at [email protected].”
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Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.
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Buffalo Gold Max Power builds on the legacy and popularity of Buffalo Gold, a fan-favorite in land-based casinos. This online adaptation is born to entertain with new features powered by Aristocrat’s proprietary Max Power mechanic, offering players up to 46,656 ways to win free spins and collect Gold Buffalos. With dynamic reels that vary from 2 to 6 symbols on every spin and a redefined feature, Buffalo Gold Max Power is ready to create a stampede of excitement.
“For more than a decade, our iconic Buffalo games have captivated players as some of the most iconic slot games in land-based casinos. With Buffalo Gold Max Power, we’re bringing this timeless favorite online with enhanced gameplay and features that players will love. The launch in New Jersey is an exciting milestone as we continue to deliver innovative and memorable gaming experiences globally,” said Josh Morris, SVP Content at Aristocrat Interactive Content & Aggregation.
Earlier this year, Buffalo was awarded the winner of the Top Performing Omni-Channel Slot at the EKG Awards. The launch of Buffalo Gold Max Power is the latest step in Aristocrat Interactive’s strategy to expand Aristocrat’s industry-leading content portfolio into the online space. The game is currently available with online operators in New Jersey, Ontario, Canada and the UK, with more markets to follow overtime.
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“At JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCM’s leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,” said JCM SVP – Sales, Marketing & Operations Dave Kubajak in a statement.
JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the company’s total number of active gaming licenses to 177.
In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.
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