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MarketWatch Warns To Beware On Social networking Sites

Not Gambling But Thought You Should Know.

Many online gamblers use social networking websites, and a cautionary article this week in Marketwatch will therefore be of interest.
Titled "Not So Friendly" the article warns that fraudsters gain access to the names of your friends on social networking sites, like, and invite you to click on a hyperlink to view a funny video.

Victims figure they know the sender, so they click to watch. Then their screen freezes, and they get a message telling them their video player needs upgrading.
Click to upgrade, however, and you have just accepted a Trojan horse, which follows your movements online. Through it, scammers can capture personal information, including credit card numbers, social security numbers and even online check photographs when you conduct business online.
"Malware and Trojans [are] distributed on a massive scale," one expert says.
Other illegal banking activities also are increasing.
Identity theft increased 22 percent to nearly 10 million victims in 2008, according to Javelin Strategy. And the Federal Trade Commission clocked 313 982 identity-theft complaints, up from 215 000 in 2003.


More than 5 million U.S. consumers lost money to "phishing" attacks in the year ending September 2008, a 40 percent increase over the number of victims a year earlier, according to the respected research firm Gartner Inc.
On average, 44 percent of a community bank's check fraud losses could be attributed to organised crime rings, the American Bankers Association reported.
Marketwatch offers the following precautionary tips:
* Be sceptical of messages urging you to upgrade programs or download anything, even if you think you know the person.
* Upgrade antivirus software, personal firewalls and browsers. Let your operating system accept automatic patches with updates.
* Don't respond to work-at-home ads or promises of money or returns that sound too good to be true.
* Be wary of providing personal information to people you don't know.
* In the US - check credit reports annually for free at
* Before cashing checks and money orders from people you don't know, verify funds exist in the account at the issuing financial institution.
* Carefully and routinely monitor bank and investment statements for evidence of fraud, and immediately report anything suspicious.
* Don't click on email hyperlinks.
* Change passwords often.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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