Holiday Fraud Trends 2025: The Top Cyber Threats to Watch This Season

Holiday fraud in 2025 is evolving faster than ever, as attackers use AI, automation, and stolen data to launch large-scale campaigns.
The post Holiday Fraud Trends 2025: The Top Cyber Threats to Watch This Season appeared first on TechRepublic.

Posted in Tech | Tagged | Comments Off on Holiday Fraud Trends 2025: The Top Cyber Threats to Watch This Season

Radio streamer TuneIn acquired for $175M

Radio streamer TuneIn sold for $175M, down from its earlier valuation of $500M.

Posted in Tech | Tagged | Comments Off on Radio streamer TuneIn acquired for $175M

Data centers now attract more investment than than finding new oil supplies

In a shift, the world will spend $40 billion more on new data centers this year than it will on finding new sources of oil.

Posted in Tech | Tagged | Comments Off on Data centers now attract more investment than than finding new oil supplies

Andrew Tate appears to be promoting Ossi Ketola’s online casino platform Duel

Former kickboxer turned controversial figure, Andrew Tate, looks to be promoting online casino platform Duel.
Duel is owned by poker player Ossi Ketola and Tate himself shared a link on X that takes you straight to the casino’s home page.
Andrew Tate shares a link promoting the Duel platform in a brief social media post. Credit: X / Andrew Tate
While no official announcement has been made regarding Tate’s involvement in promoting Duel, it wouldn’t be a surprise to see two highly controversial people working together.
Tate and his brother Tristian, were arrested in Romania three years ago. The charges cited both of forming a criminal organization, while Andrew also faced a rape charge in the European country.
Furthermore, Tate has also been accused of sexual assault in both the UK and in the USA, although no convictions have been made as of yet.
Ossi Ketola is a controversial figure within the world of online gaming and poker
Ketola became known for originally running a Counter Strike skin gambling site called CSGOEmpire.
Currency called “skins” have real world value, but Ketola’s harassment of those streamers using CSGORoll, a rival in the Counter Strike world – has seen many people off within the community.
Recently, the Finnish streamer has turned his attention to the world of poker, challenging some of the best players in the world.
Earlier this year, Ketola, who goes by the name Monarch online, lost a high-stakes poker match to Doug Polk, suffering a $1.2 million loss.
In October, Ketola was banned from X and he took to the Discord platform to voice his frustrations, saying: “We are a threat to their profits. Looks like they have declared war. More updates on the situation later, fighting multiple Matrix attacks.
“Make no mistake, we are at war. Do your part. Sound the alarm. They can take me down, but they can’t take down the mission.
“Traditional crypto casinos WILL lose BILLIONS of dollars due to Duel, I promise you that much. They can keep banning accounts, but they can’t stop all of you from spreading the word.”
An official announcement on this potential partnership between Tate and Ketola may well be on the horizon.
Featured image: Ossi Ketola via Kick / Anything Goes With James English via YouTube
The post Andrew Tate appears to be promoting Ossi Ketola’s online casino platform Duel appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on Andrew Tate appears to be promoting Ossi Ketola’s online casino platform Duel

Brazil’s regulated betting market to inject $5B into the economy

Brazil’s fixed-odds betting market, which has been regulated for nearly a year, could be the major boost that the economy needs, according to several gambling bodies.
A recent survey titled ‘Overview of the Fixed Odds Betting Market’, which was carried out by the LCA Consultores Econômica and Cruz Consulting, was requested by both the Brazilian Institute of Responsible Gaming (IBJR) and the National Association of Games and Lotteries (ANJL).
According to the Federal Revenue Service, the findings state that a total of R$7.5 billion ($1.4 billion) in equity has been invested.
This could lead to an investment of R$28 billion ($5 billion) due to the multiplier effect, which could help with demand in other productive areas of the Brazilian economy.
“The regulated betting market represents a new cycle of opportunities for Brazil, with investments, formal jobs and social contribution,” said André Gelfi, director and co-founder of IBJR.
“It is a newly regulated, technological and high value-added sector, which moves an entire production chain linked to sports, marketing and entertainment.”
Brazil is now one of the hottest betting markets on the planet
The Brazilian betting industry is now worth over $4 billion annually, marking a significant pivot from what used to be dominated by black market operators and untaxed cash flows.
Brazil is now the world’s fifth-largest betting market, utilizing digital innovation to ensure the industry can now bolster the economy of the country.
After the South American nation legalized and regulated online betting – replacing them with a legitimate, taxed system – the industry boomed.
In 2015, $300 million was generated within the industry. Now, ten years later, this figure has risen significantly to $4.2 billion thanks to a total of 78 licensed platforms providing the boom.
Furthermore, the regulation of the betting market also generated a wealth of jobs in the country. New roles include: market researcher, systems developer and risk analyst, among others.
Featured Image: AI-generated via Ideogram
The post Brazil’s regulated betting market to inject $5B into the economy appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on Brazil’s regulated betting market to inject $5B into the economy

Norwegian study identifies link between computer gaming and increase in gambling among adolescents

A recent study in Norway has identified a correlation between adolescents who play a lot of computer games with a higher risk of developing gambling problems.
Games which rely on players buying things such as loot boxes and skins, while participating in skin betting could see teenagers aged between 12-17 encountering gambling problems later on in life.
Atle Hamar, Director General of the Norwegian Gaming and Foundation Authority, said: “This research shows what we have suspected and is supported by the experience of the exclusive rights player Norsk Tipping, where players enter the company as experienced players.”
The survey, which was conducted by Spillforsk at the University of Bergen and Professor Ståle Pallesen, states that 27.7% of adolescents had purchased loot boxes in the previous year.
Similarly, 29.4% bought skins with 15.5% of young people participating in skin games.
“Through simulated gambling, young people are socialized into gambling, they learn the technical skills, but they learn a distorted reality where it is easy to win. It is clearly problematic when these young people get older and are exposed to other gambling,” added Pallesen.
Teenagers in the UK are spending more and more on online gaming
Similarly, a report carried out earlier this year by the Gambling Commission found that more and more 11-17 year olds are spending money online.
The study showed that it was mainly teenage boys who were using their money on gaming. Console game FIFA was the biggest culprit, with a case study highlighting that one 13-year-old boy had spent nearly £100 ($131) on FIFA packs (loot boxes) and a further £50 ($66) on points, which are used for in-game purchases.
Games such as Fortnite, Call of Duty and Grand Theft Auto are all notorious for featuring in-game purchases that require the player to spend money.
While this study didn’t identify a correlation between gaming and future gambling habits, it did highlight how much teenagers are being targeted in this market.
Featured image: 24K-Production from Getty Images via Canva
The post Norwegian study identifies link between computer gaming and increase in gambling among adolescents appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on Norwegian study identifies link between computer gaming and increase in gambling among adolescents

Did anyone win the Mega Millions? Lottery soars to $965M, 8th-largest in game’s history

The Mega Millions jackpot is closing in on the $1 billion mark again, something that has only happened eight times in the game’s history. No one matched all six numbers in Tuesday night’s (November 11) drawing.
What were the Mega Millions winning numbers?
The winning numbers were the white balls 10, 13, 40, 42 and 46, plus the gold Mega Ball 1. That means the next drawing on Friday, November 14, is expected to reach about $965 million dollars or $445.3 million if you take the cash option.
This jackpot ranks as the eighth largest since Mega Millions began in 2002, trailing only the seven jackpots that have crossed the $1 billion line. The most recent billion dollar prize was a $1.269 billion win in California on December 27, 2024. After four jackpot hits earlier this year, Friday’s drawing will be the fortieth in this current run, which is a new game record. The jackpot has been growing since it was last won in Virginia on June 27.

Check your Mega Millions numbers – view the latest draw results right here! Use the link below to check whether you’ve won a prize. https://t.co/xuM9Eu0XrK pic.twitter.com/wDC6CkAiIg
— Mega Millions (@MegaMillionsUS) November 12, 2025

In the November 11 drawing, more than 809,000 winning tickets were sold across all prize levels, adding up to more than $27.9 million in winnings nationwide. Three players matched the five white balls to snag second tier prizes. One ticket in Arizona included the 5X multiplier and is worth $5 million. Two others, sold in Iowa and New York, hit with a 3X multiplier and are worth $3 million each.
Twenty seven tickets hit the third tier by matching four white balls plus the Mega Ball. Twelve of them had the 2X multiplier, eleven had 3X, two had 4X, and two in California had 5X. Because of California’s pari mutuel rules, payouts there can differ from standard prize amounts.
A major change last April boosted lower tier prizes across the board. During this run alone, almost $316 million in prizes have been awarded across nearly $13.2 million winning tickets. That includes twenty second tier prizes worth up to $5 million. Eight of those had the 2X multiplier, nine had 3X, one had 4X, and two had 5X.
So far there have also been 299 third tier winners in this run, with prizes ranging from $20,000 to $100,000. These wins have been spread across forty different states and jurisdictions, from Arizona and California to Virginia, West Virginia, Wisconsin and Wyoming.
This year has already seen several jackpot wins. Before the Virginia win on June 27 for $348 million, jackpots were claimed in Ohio for $112 million on April 18, in Illinois for $349 million on March 25, and in Arizona for £112 million on January 17.
The top jackpots
The lottery claims that Mega Millions remains the only lottery game to produce seven jackpots worth more than $1 billion, each claimed in a different state. The first was in South Carolina in 2018, followed by Michigan in 2021, Illinois in 2022, Maine and Florida in 2023, and New Jersey and California in 2024. The record jackpot is the Florida win from August 8, 2023, at $1.602 billion dollars.
Tickets are sold in forty five states, Washington DC and the US Virgin Islands. Each ticket costs five dollars and includes a randomly assigned multiplier, which can be 2X, 3X, 4X, 5X or 10X. Half of each ticket sale stays in the state where it was purchased and helps support local programs and retailer commissions.
When are the Mega Millions drawings?
Mega Millions drawings take place at 11 p.m. Eastern Time every Tuesday and Friday in Atlanta, Georgia. The odds of winning any prize are 1 in 23, while the odds of hitting the jackpot are 1 in 290,472,336. The next drawing is on November 14 at 11 p.m. ET.
Featured image: Mega Millions / Canva
The post Did anyone win the Mega Millions? Lottery soars to $965M, 8th-largest in game’s history appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on Did anyone win the Mega Millions? Lottery soars to $965M, 8th-largest in game’s history

UK government gambling tax proposal could ‘wipe $110M from racing income’

The government gambling tax proposal put forward by UK Chancellor Rachel Reeves could cause major funding losses in horse racing.
Reeves has put forward that the General Betting Duty will rise from 15% to 30% in the Autumn budget later this month, a move which could have consequences for those involved in the industry.
The increase in machine games duty (MGD) looks set to rise from its current rate of 20% to 50% and this could put up to 25,000 people out of work, according to a press release seen by ReadWrite.
In Britain, there are currently 5,800 betting shops featuring over 40,000 employees. These shops contribute nearly £140 million ($184 million) to horse racing, while the industry pays £1 billion ($1.3 billion) in tax.
Despite the Institute for Public Policy Research calling for Reeves to raise the MGD to 50% to raise over £3 billion ($3.9 billion) a year, the knock-on effects would heavily affect horse racing.
A total of £84 million ($110 million) would be lost in funding from both betting shops and media rights payments if the MGD tax rises to 50%.
Even increases of 30% or 40% would still see thousands of job losses alongside losing either £48 million or £70 million in funding, respectively.
BGC Chief Executive has her say on the proposed measures
Grainne Hurst said: “Any increase in betting and gaming taxes on any part of the industry would hammer ordinary punters while threatening British jobs, high streets and the future of horseracing.
“The figures for machine games duty speak for themselves – thousands of shop closures, tens of thousands of job losses, and an £84m hit to horseracing. This isn’t a small tweak to the tax system – it’s an act of economic vandalism against communities, workers and Britain’s second most popular spectator sport.”
A higher tax rate in the gambling industry could also see a rise in the use of black market websites in the future.
In 2021, only 3.3% of all online betting and gaming took place via unsolicited black market websites.
This has risen to 5% and if Reeves’ proposed tax hikes come to fruition, that figure will continue to rise.
Featured image: Canva
The post UK government gambling tax proposal could ‘wipe $110M from racing income’ appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on UK government gambling tax proposal could ‘wipe $110M from racing income’

Anthropic to spend $50 billion on U.S. AI infrastructure, starting with Texas, New York data centers

Anthropic rival OpenAI has secured more than $1.4 trillion worth of deals with Nvidia, Broadcom, Oracle, and the major cloud providers.

Posted in Tech | Tagged | Comments Off on Anthropic to spend $50 billion on U.S. AI infrastructure, starting with Texas, New York data centers

Danish man given suspended sentence for sharing nude film scenes on Reddit

Police said the man shared 347 clips of naked actors on the social media site, which were viewed 4.2 million times.

Posted in Tech | Tagged | Comments Off on Danish man given suspended sentence for sharing nude film scenes on Reddit