Shady Bets: How to Protect Yourself from Gambling Fraud Online

Group-IB CERT highlights a surge in fake betting game ads on social media—over 500 ads tied to 1,377+ malicious websites—targeting Egypt, the GCC, Europe, and Asia; scammers use AI-generated local-language voiceovers, fake testimonials, and brand impersonation to lure victims into sideloading fraudulent apps that steal personal and financial data, leading to substantial losses, and the report outlines the scam flow and recommends avoiding third‑party APKs, verifying authenticity, and monitoring/reporting impersonation to reduce risk.