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Nearly Half of Americans Don't Trust Betting Platforms to Protect Their Data During the World Cup. They Plan to Bet Anyway.AUSTIN, Texas, June 04, 2026 (GLOBE NEWSWIRE) -- As the 2026 FIFA World Cup approaches (June 11), Americans are getting ready to bet. But a new consumer survey from SEON, the AI Command Center for Fraud Prevention and AML Compliance, reveals a disconnect between how much consumers plan to wager and how little they trust the platforms they're wagering on. Among 588 U.S. adults surveyed, 56% plan to watch the World Cup and 43% say they are at least somewhat likely to bet on the matches. Yet 45% say they are not confident that betting platforms can protect their personal and financial information during this type of high-traffic event. Nearly a quarter of respondents (22%) admit to signing up for multiple betting accounts to access promotions, 20% have clicked on a betting link from social media or a messaging app, and 17% have used a friend or family member’s betting account. For betting platforms, each of these behaviors makes fraud harder to spot and easier to commit. Prediction markets emerge as a mainstream betting channel The data suggests that major sporting events are accelerating the adoption of prediction markets beyond their early-adopter base, particularly among younger bettors who are comfortable moving across multiple platform types. Free bets are the biggest draw and the biggest risk This creates a comounding problem for platforms. Promotions are the top driver of new account creation, and also the top reason consumers create multiple accounts. Social media scams are already circulating Gen Z is disproportionately exposed. Thirty-eight percent have seen social media betting scams and 33% have clicked on a betting link from social media or a messaging app. That combination of exposure and willingness to click makes younger bettors particularly vulnerable heading into a tournament that will dominate social feeds for weeks. Millennials are the most trusting and the most likely to take risks They’re also the most trusting. Among Millennials who bet, 77% say they are very or extremely confident that platforms protect their personal and financial information during major events. This is significantly higher than the overall average. That confidence sits alongside the riskiest behavior of any demographic. Millennials are the most likely to have signed up for multiple accounts to access promotions (38%), the most likely to have shared personal information for a betting promotion (29%), and the most likely to use prediction markets (36%), social casinos (33%) and crypto-based platforms (16%). Men are nearly twice as confident their data is safe “The World Cup is going to put enormous pressure on betting platforms, and not just because of volume,” said Matt DeLauro, President, GTM, SEON. “We work with some of the largest betting and gaming operators in the world, and what we hear consistently is that the challenge isn’t just catching bad actors. It’s distinguishing between a real customer chasing a promotion and a coordinated fraud ring doing the same thing at scale. Consumers plan to bet, yet they don’t fully trust the platforms they’re betting on, and nearly a quarter are already engaging in behaviors like multi-accounting that make fraud harder to detect. That combination of high volume, low trust and blurred intent is what makes events like this so difficult to protect.” Methodology About SEON Media Contact
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