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The UK government is preparing a sweeping overhaul of gambling taxes in its Autumn Budget 2025, which could shake up one of the country’s most profitable yet controversial industries. Chancellor Rachael Reeves has been steadily increasing pressure on gambling operators, with reports from the Office for Budget Responsibility suggesting the new measures could raise around […]
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above […]
Duel Casino owner and infamous online personality Ossi Ketola, has caused another round of online drama after being banned on X, formerly Twitter. The Elon Musk-owned platform didn’t provide a reason for the ban, but the platform also took down the @duel account, Ketola’s business handle. In an announcement made on popular gaming chat app […]
Intel snapped a losing streak of six straight quarterly losses and returned to profitability in the third quarter. In its first earnings report since the Trump administration acquired a 10% stake in the company, the U.S. chipmaker posted strong revenue, noting robust demand for chips that it expects to continue into 2026. Client computing revenue, […]
The United Kingdom’s Parliament recently debated the link between gambling addiction and sentencing, considering a new clause that would introduce a “gambling treatment requirement” for offenders. As part of a community order, the proposal states that courts could require offenders to seek treatment for gambling addiction through an National Health Service specialist service, which is […]
Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Super Micro Computer shares fell 6% on Thursday after the company released weak preliminary results for its fiscal first quarter of 2026. The server maker said it […]
The British Horseracing Authority (BHA) has been in conversation with UK government officials in an attempt to dissuade incoming tax reform. In a statement that endorses the BHA “#AxeTheTax” promotional campaign, which aims to battle the proposed tax levies that would mirror online betting taxes, the sporting body is continuing a dialogue with government ministers […]
Meta on Wednesday said that it plans to cut approximately 600 jobs in its artificial intelligence division, according to a memo sent to employees that was relayed to The New York Times, as the company seeks to keep pace with competitors in the furious contest over the technology. The layoffs will be in Meta’s so-called […]
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta said Tuesday that it formed a joint venture agreement with Blue Owl Capital in a deal worth $27 billion to fund and […]
The FBI, together with a number of enforcement agencies, raided an illegal gambling operation in Wilder, Idaho. Four men have been arrested as part of an operation involving around 200 law enforcement personnel on October 19. A federal search warrant was served, carried out by federal, state, and local agencies to address a suspected illegal […]
