• Industry
    • Opinion
    • Features
      • iGaming Data
      • Sports Betting Data
    • Finance
    • Online Casinos
    • Podcast

      News

      Casino Operator Olympia Gaming Hit By Cybersecurity Breach

      Nevada casino operator Olympia Gaming has become the latest target of cybercriminals, suffering an attack that affected its two casinos.

      By Erik Gibbs

      Last updated: September 9, 2024

      2 min

      cyber hacker

      Olympia Gaming, the Nevada-based casino operator behind Legends Bay in Sparks and Casino Fandango in Carson City, has become one of the latest victims of a cybersecurity breach. Local NBC affiliate KRNV disclosed this week that certain systems within its operations were compromised, though the full extent of the attack remains unclear.

      Olympia Gaming said that it has acted to contain the breach and prevent further damage and that it has implemented immediate measures to secure its systems. However, specific details about the scope of the attack and the potential data affected have not been disclosed.

      To navigate this complex situation, Olympia Gaming is collaborating with national external cybersecurity specialists. These experts, which Olympia didn’t name, are tasked with identifying the perpetrators and assessing the overall impact of the cyberattack.

      This incident at Olympia Gaming is part of a troubling trend of cyberattacks targeting casino operators. Notably, MGM Resorts and Caesars Entertainment are two of the more recent victims of similar breaches.

      The infamous hacker group Scattered Spider is allegedly behind these high-profile attacks. It has claimed attacks on more than 45 U.S.-based companies, allegedly receiving millions of dollars in payouts.

      Scattered Spider leader nabbed

      This week, significant progress was made in the investigation into Scattered Spider’s activities. A 22-year-old alleged leader from the U.K., who authorities have not identified publicly, was apprehended in Spain.

      Authorities captured him at Palma de Mallorca airport as he was about to board a flight to Italy, acting on a tip-off from the FBI. There are possibilities that this individual could face extradition to the U.S. to stand trial for his alleged crimes.

      Minimum 20 years in prison, and he should just count his blessings he is in a European country where arrest is an option instead of what some of us want to see. https://t.co/YlLfnE7Xs8

      — Andrew Thompson (@ImposeCost) June 16, 2024

      The crackdown on Scattered Spider began earlier this year. In January, 19-year-old Noah Michael Urban, another suspected member of the group, was arrested. It isn’t clear if he may have given up information that led to the arrest of the ringleader.

      It’s believed that the individual could have had access to over $27 million in cryptocurrency, although that was only a portion of what Scattered Spider may have collected over the course of its activities. MGM didn’t pay a ransom; however, Caesars, after initial denials, ultimately admitted that it handed over $15 million.

      The arrest of the two individuals may hinder Scattered Spider’s capabilities, but probably not for long. Cybersecurity expert and ReliaQuest Senior VP of Security Operations Michael McPherson recently warned, “While this uncertainty persists, the group’s activities will likely result in a short-term reduction in their output. However, if the international law enforcement is unable to sustain this pressure on the group by conducting follow-on arrests it is likely that the group will view the arrest merely as a speed bump and either move forward under new leadership or restart their operations.”

      MGM battles the FTC

      The attack on MGM Resorts has also drawn significant regulatory scrutiny. The Federal Trade Commission (FTC) has launched an investigation to determine whether MGM took sufficient measures to protect its customers’ personal information and ensure the security of its systems.

      However, MGM’s response to this investigation has been less than cooperative. Now, the FTC has filed a request through federal court to compel MGM to comply with its Civil Investigative Demand (CID). The CID is a legal mechanism that allows the FTC to gather necessary information during its investigations.

      By filing a petition, the FTC is asking a judge to mandate that MGM provide the requested documents and details concerning the cyberattack. MGM has been unyielding in its resistance to the FTC’s efforts, going so far as to sue the FTC to try to stop its investigation. The company has argued that the agency has no jurisdiction in the matter since it is not a financial institution.  

      Get Weekly Email Updates

      Covering all aspects of regulated U.S. online casinos, iGaming, sweepstakes, and more

      Related Posts

      connecticut law

      Connecticut May Establish Maximum Wager Sizes For Online Sports Betting

      governor was moore

      Maryland Online Casino Hopes Fade As Gov. Moore Puts Budget Framework In Place

      flutter phone

      Flutter Reportedly Interested In Deal With Boyd Gaming To Buy PENN Interactive

      casino games

      AGA Reports Record $71.9 Billion In Gaming Revenue For 2024

      Recommended Read

      casino live stream

      Industry

      The Allure And The Antics Of Kick Casino Streamers

      There’s More…

      News

      Gambling Bills In Two States To Expire Without Action As Two More Look To 2025

      December 26, 2024

      Erik Gibbs

      citi field entrance

      News

      Citi Field Casino Looks To Be Struck Out After Key Senator Voices Opposition

      Plans for a casino at Citi Field in New York face a major obstacle, with a local senator announcing she won't support the project.

      September 9, 2024

      Erik Gibbs

      computer poker

      News

      DraftKings Electric Poker Expands To Pennsylvania, Its Second State

      October 15, 2024

      Eric Raskin

      21 and over

      News

      VGW Sweepstakes Sites Are Now Only Available To Players 21 And Over

      February 17, 2025

      Jeff Edelstein

      Get Weekly Email Updates

      Covering all aspects of regulated U.S. online casinos, iGaming, sweepstakes, and more

      • About
      • Contact
      • Privacy
      • Terms
      • Disclosure
      • Responsible Gaming

      © 2025 Casino Reports. Web Design by Fhoke.