CBS NEWS – Forget Las Vegas — it’s easier than ever for you, your partner, or even your teen to place a bet on their favorite teams with just a few clicks.
Fans will wager an estimated $3.1 billion during March Madness alone, and experts warn that families are prime targets for scams.
Kevin Gosschalk, CEO of cybersecurity firm Arkose Labs, explains that while betting at casinos carries inherent risk, online gambling presents even greater dangers.
“We’re in March Madness, so it’s peak season for scams, fake websites, and fake apps being set up to lure you to put money into them, claiming you’re going to win big,” Gosschalk said. “And then of course it’s a rug pull — there’s no money to be gained.”