The AI Industry’s Scaling Obsession Is Headed for a Cliff Summary A new MIT study maps established scaling laws against likely algorithmic efficiency improvements and concludes that the advantage of massively scaled, compute‑hungry models may shrink over the next 5–10 years. The researchers — including Neil Thompson and Hans Gundlach — find that steady gains […]
Italy to slash online gambling licences from 407 to 52 | Yogonet International Summary Italy will cut the number of authorised online gambling sites from 407 to 52, effective 13 November 2025. The Customs and Monopolies Agency (ADM) will constrain each licence to a single website, effectively ending the widespread use of “skin” sites that […]
Kenya betting taxes set to more than double despite rate cuts Author style Punchy — this matters if you work in betting, payments or public finance. The rule change reshapes where and how tax is collected, so operators and policymakers need to pay attention. Summary Kenya’s Finance Act 2025 lowers excise duty on wagers and […]
MGM surprises with New York casino race exit, leaving three finalists Summary On 14 October 2025 MGM Resorts abruptly withdrew its application for a downstate New York commercial casino licence, abandoning a $2.3bn plan to expand Empire City in Yonkers. The company said a clustered competitive landscape and new state guidance — which it expects […]
Lawmakers restart effort to create Canada sports betting ad framework Summary Senator Marty Deacon has reintroduced Bill S-211, restarting a national push to create a uniform framework for sports betting advertising in Canada after the previous bill (S-269) lapsed when the federal government changed. The legislation would task the Minister of Canadian Heritage with developing […]
Sanctions hit Cambodia’s Prince Group over casino-linked crypto laundering and trafficking | Yogonet International Summary The United States and the United Kingdom have jointly sanctioned Cambodia’s Prince Group and its chairman, Chen Zhi, accusing them of running large-scale online scams, crypto money laundering and human trafficking across Southeast Asia. The coordinated action is described by […]
Entain warns UK tax rise would hit bonusing, odds and sponsorships, ‘sports sector will lose out’ Summary Entain reported Q3 group net gaming revenue (NGR) increased 6% year‑on‑year (7% on a constant currency basis), reiterating FY25 online NGR growth guidance of approximately 7% and an online EBITDA margin target of 25%–26%. Ex‑US NGR rose 4% […]
BetMGM confirms plans to return $200m to parents in 2025 Summary BetMGM reported stronger-than-expected Q3 results, with revenue of $667m (up 23% year‑on‑year) and player spend rising to $3.16bn. The operator recorded double‑digit growth across both iGaming and sports betting, with online sports betting up 36% to $202m and iGaming up 21% to $454m. Group […]
US and UK Join Forces in Massive Crackdown Against Gambling-Linked Cyber Scam Summary US and UK authorities executed a coordinated enforcement action targeting a vast transnational criminal network alleged to have run cryptocurrency investment scams and forced-labour scam compounds across Asia. Prosecutors have charged Chen Zhi, a Cambodian–UK national linked to the Prince Group, accusing […]
You’re Asking The Wrong AI Questions. Start Here Instead. Summary AI is a structural shift, not merely a technology upgrade. The authors advise leaders to begin with value — not tools — and to rethink how work creates value by rebalancing labour, capital and energy. They propose three practical guiding questions: what won’t humans do, […]
