Source: iGaming Business

iGaming Business discusses the increasing threat AI deepfakes pose to the gambling sector, particularly in fraud and money laundering. The UK Gambling Commission has issued warnings about AI-generated fake IDs and synthetic identities bypassing customer due diligence. Illegal operators have used AI to create fake promotional videos featuring news presenters. Experts emphasize the need for enhanced AML processes, including biometric verification and machine learning to detect fraud patterns.

Digital identity wallets, already adopted in countries like Singapore and Estonia, could help secure operations. However, smaller operators may lack resources to implement advanced protections. Regulators advocate for standardized ID verification frameworks and international collaboration to stay ahead of sophisticated AI-enabled fraud.