Tag: Cryptocurrency in Gambling


UKGC addresses AI risks in money laundering detection

The UK Gambling Commission (UKGC) has sounded the alarm over the increasing dangers of money laundering within the online gambling sector, particularly driven by advances in artificial intelligence (AI) technology. One of the more alarming developments in this space is the use of deepfake technology and the growing popularity of crash games, both of which pose new and complex challenges for the industry. As AI tools become more advanced, the risk to gambling platforms is heightened, with the potential for sophisticated criminal activity slipping through traditional security systems. The UKGC has called......

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