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Adversary Intelligence

The Architecture of Indonesia's Online Gambling Economy

05 Oct 26
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min

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Indonesia's online gambling economy is bending, not breaking. Turnover fell 20% in 2025, yet deposit counts jumped almost 140% in the first half of 2026, carried by small QRIS payments. The report traces how operators displaced by regional crackdowns now run hubs from Indonesia.

Irshad Ahamed
Regional Security Consultant - SEA

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The Architecture of Indonesia's Online Gambling Economy