Last but not least; we have The Global Gaming Awards. These awards focus on rewarding key players in the industry that have stood out for their exemplary establishments, making this yet again another sought after award that can help boost a company's reputation.
A Bloomberg report separately said another casino operator, Caesars Entertainment, had been hacked and paid ransom to hackers who threatened to leak its data in recent weeks, citing two people familiar with the mater.
Investment in human resources.
SAN FRANCISCO/WASHINGTON, Sept 13 (Reuters) - A hacking group named Scattered Spider brought down the systems of the $14 billion gaming giant MGM Resorts International this week, two sources familiar with the matter said, as U.S. law enforcement officials started a probe into the breach.
Messages seeking further comment from MGM and the U.S. cybersecurity watchdog agency CISA were not immediately returned. MGM Resorts' website was "currently unavailable," according to a holding message posted to the group's homepage.
Awards can help companies to stand out in a crowded and competitive marketplace and can help to attract new customers and investors. Awards can also help to boost employee morale and can be a source of pride for those who work in the industry.
The most recent winner of the International Gaming Awards was an online casino CA based - an online casino hosted in Canada that was praised for its excellent customer service and wide roster of casino games.
Several MGM systems remained paralyzed for a third straight day after it said on Monday it had shut some of them to contain a "cybersecurity issue." The company, which operates over 30 hotel and gaming venues around the world including in Macau and Las Vegas, said it was investigating the incident.
Scattered Spider, also known as UNC3944, has hit telecom and business process outsourcing (BPO) companies in the past, but more recently also targeted critical infrastructure organizations, according to analyst reports.
In conclusion, the iGaming industry is home to a variety of prestigious awards programs that recognize excellence in a wide range of categories. Winning an award in the iGaming industry is a huge achievement, and it can have a significant impact on a company's reputation and bottom line.
"Although members of the group may be less experienced and younger than many of the established multifaceted extortion/ransomware groups and nation state espionage actors, they are a serious threat to large organizations in the U.S.," he added.
Two sources familiar with the matter told Reuters the hacking group Scattered Spider was behind it. Identified by analysts last year, this group uses social engineering to lure users into giving up their login credentials or one-time-password (OTP) codes to bypass multi-factor bonus authentication, the security firm Crowdstrike said in a blog post in January.
"Our investigation is ongoing and we are working diligently to determine the nature and scope of the matter," MGM said in a post on the social media website X on Monday. (Reporting by Raphael Satter, Zeba Siddiqui and Christopher Bing; Editing by Daniel Wallis and Stephen Coates)
Another major awards program in the iGaming industry is the International Gaming Awards (IGA). The IGA Awards are similar to the EGR awards, being that they reward high-quality sports betting establishments and online casinos for their efforts. The awards are judged by a panel of industry experts, making this award one of the most sought-after in the industry.
Moody's analysts said in a report that the incident "highlights key risks related to (MGM's) business operations' heavy reliance on technology and the operational disruption caused when systems need to go offline or are inoperable."
The iGaming industry has experienced tremendous growth in recent years, with millions of players around the world enjoying online casino games, sports betting, and other forms of online gambling.
online game
Report this page