By Vivian Onyebukwa

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SportyBet, an online betting platform, has expressed its resolve to fight cybercrime in the gaming industry.
In a statement made available to the media, SportyBet will in collaboration with regulatory authorities and law enforcement agencies, combat cybercrime by increasing its investment in technology.
According to SprtyBet, the decision to fight against cybercriminals was due to a false and defamatory claim of “unpaid winnings” which it said was published by certain media platforms without giving SportyBet the opportunity to comment and refute this claim.
This specific claim, the statement claimed relates to 42 accounts which it also said were restricted from further activity after having been identified and verified as being simultaneously abusively operated using both technology by an international cybercrime syndicate. “It is important to note that all 42 accounts are associated with the exact same foreign IP addresses and that the accounts repeatedly attempted to submit similar or identical illegal automated bets with fake odds that were not published by SportyBet”.
The company said it has diligently reported these accounts to the National Lottery Regulatory Commission (NLRC), and the Economic and Financial Crimes Commission (EFCC), saying that there is an ongoing investigation into these accounts and the associated individuals. “As the investigation takes place, it’s evident that the perpetrators are attempting to manipulate the media to orchestrate a smear campaign against SportyBet. Consequently, SportyBet is considering legal recourse against these malicious actors and any accomplices complicit in tarnishing its hard-earned reputation and goodwill”, the statement said.
The statement continued by saying that SportyBet intends to implement further measures to fortify its security protocols, deepen existing user verification processes, and deploy cutting-edge technologies to detect and continue to prevent any attempted exploitation of its platform.
It then stated its commitment to maintaining the integrity of its services, and safeguarding the interests of its users remains unwavering.

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