BetMGM partners with BetBlocker in responsible gambling push

As companies attempt to deepen their protections against gambling harm, BetMGM International has partnered with BetBlocker to increase its responsible gambling initiatives. The new addition will be signalled via BetMGM’s website, where a page dedicated to tools to prevent gambling harm now has a section just for BetBlocker.
BetBlocker is an app that allows users to set it to block gambling websites. It’ll even give options for VPN services for people trying to skirt around it. Contained within the app is a list of websites that it adds to exclusion lists on the device to prevent access. Once activated, the pages simply will not load until it’s deactivated or the user finds a way around it.
Stake, the crypto-backed gambling site, also partnered with BetBlocker in 2024, and in August 2025, a Finnish company, Casino Guru, began work on localization for the app.
BetBlocker comments on new partnership
Reported by Gambling Insider, Pedro Romero, the Chief of Safer Gambling Partnerships for BetBlocker, said:
“We are very excited to announce that MGM Resorts International has partnered with BetBlocker to strengthen player protection efforts.
“This collaboration reflects a shared commitment to making safer gambling tools accessible, visible, and stigma-free, ensuring that help is always within reach.
“Big thanks to the MGM team and especially to Garrett and Richard for their leadership and support in prioritising safer gambling and digital wellbeing.”
BetMGM and others increase safety
Multiple companies have begun moving to increase safety around gambling, as its prevalence increases worldwide. With huge risks on offshore and unregulated sites, as well as the creeping “social gaming”, like sweepstakes casinos, it’s never been more important to provide security for the customer.
In September, BetMGM made other moves in the space, partnering up with the American Gaming Association (AGA) to run a Responsible Gaming Education Month. Earlier, in July, the company also brought in its ex-NBA star and company ambassador to promote responsible gambling in Puerto Rico.
Featured image: BetMGM
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Light & Wonder gives update on November NASDAQ exit

Light & Wonder, the casino equipment maker, has given an update on its exit from the NASDAQ and moving solely to the Australian Securities Exchange (ASX). Announced on July 31, the company plans to shift its publicly traded business to just ASX, with the new expectation that it will now exit on November 13, 2025.

The reasoning given behind the move from Light & Wonder is that it allows them to have a “strategic focus” on bringing the business together in terms of “growth plans” and where the business is, described as “aligning our capital markets presence”.

By shifting to Australia, Light & Wonder claims that the market has a “deep and liquid market that has a robust understanding of the gaming sector.” It’s reported that Australians have become the biggest spenders on gambling in the world, with a 2024 report showing that they lose more than 25 billion AUD ($16,123,875,000) per year.
Despite NASDAQ exit, Light & Wonder isn’t failing

Light & Wonder’s business isn’t on a downward turn, as it has reported positive revenue results in 2025. However, the company views Australia as the next major market to try and dominate in the search for growth opportunities, something a lot of companies are currently focused on. It also gained a license for the UAE.

In the press release, Light & Wonder offers a few methods for holders of shares. One is to convert them to ASX tradable stock, which requires the use of a broker, or to fill out the documentation yourself. They also suggest selling or holding onto shares via NASDAQ, though holding onto them will force traders to do this “over-the-counter” after the company exits.

They also provide a timetable for how this will run:

Form 25 notice of delisting filing with the SEC: Monday, November 3, 2025 (EST)
Last day of trading on Nasdaq: Wednesday, November 12, 2025 (EST)
Suspension of trading on Nasdaq: after the close of trading on Wednesday, November 12, 2025 (EST)
Delisting effective: prior to open of trading on Nasdaq, Thursday, November 13, 2025 (EST)
Commencement of trading on ASX on a sole primary basis: 10:00am AEDT, Friday, November 14, 2025

Featured image: Light & Wonder

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Fanatics Sportsbook pays out $1.5M due to Egbuka injury

A massive $1.5 million payout has taken place by Fanatics Sportsbook after rookie Emeka Egbuka exited a game on Sunday due to a hamstring injury.
The sportsbook announced that the Fair Play had been initiated, with a social media post stating: “FAIR PLAY activated. Honoring all player prop bets impacted by Emeka Egbuka’s 2nd Qtr injury.”
This marks a new record, with other major Fair Play payouts having been seen when Jimmy Butler was injured and Anthony Davis on Christmas Day, but this amount is thought to be the largest single payout in the history of the Fanatics protection program.

Another day another FAIR PLAY save this time on a 6-leg parlay that paid out 27K pic.twitter.com/Ox74d654HS
— The Home of FAIR PLAY (@FanaticsBook) October 13, 2025

The announcement meant that customers who placed a prop bet on the Tampa Bay Buccaneers receiver Emeka Egbuka would have received a cash refund. Fanatics later shared how one customer benefited as they then saw a $27,000 payout on a parlay as the Egbuka bet was voided and the rest of the ticket continued.
What is Fanatics Sportsbook’s Fair Play program?
The Fanatics Sportsbook’s Fair Play program aims to cover bettors if a player gets injured. If, for example, a professional football player that a bettor places a prop wager on gets injured in the first quarter and doesn’t return, the bet will be refunded.
In April, the company announced it was extending Fair Play from the first quarter to the first half for the entire NBA Playoffs. ”Fair Play will kick in whether it’s a straight, parlay or Same Game Parlay (SGP). In addition, Fanatics Sportsbook will introduce the Fair Play Hub in the app, where customers can track live player news and Fair Play payouts,” the company stated in a press release.
At the time, just a few months ago, more than $6 million had been paid out through the program. It includes other sports too, like tennis, golf, basketball, hockey, and soccer.
Featured Image: Credit to Ruralexpat on Wikimedia Commons
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BetMGM raises profit outlook as it plans $200M shareholder payout

BetMGM says it’s raising its full-year profit forecast and plans to give at least $200 million back to its joint owners, Entain and MGM Resorts International, after posting stronger-than-expected results for the third quarter of 2025.
The company, which operates sports betting and online gaming platforms across North America, said in a press release that it brought in $667 million in net revenue for the quarter, a 23% increase from the same time last year.
Its iGaming revenue grew 21% year over year, and online sports revenue rose 36%. BetMGM also reported third-quarter EBITDA of $41 million, which is $57 million higher than last year.
“BetMGM’s momentum from H1 continued into Q3, underpinned by the ongoing execution of our strategic plan,” said Chief Executive Officer Adam Greenblatt. “The execution in operations we have described this year – improved marketing efficiency, player management, brand positioning, and product and platform improvements – all contributed to our strong revenue growth and material cash flow increase from both sides of the business.”
Greenblatt added that “strong underlying metrics and margin outperformance during July and August support our confidence in raising guidance for full year 2025.” He also pointed out that the company has “reached yet another inflection point in our journey, returning operating cash flow back to Entain and MGM Resorts.”
BetMGM Q3 2025 profit rises on online sports gain
For the first nine months of 2025, BetMGM reported year-to-date net revenue of $2.016 billion and EBITDA of $150 million. The company said it holds a 15% share of gross gaming revenue across active markets, including 21% in iGaming and 8% in online sports betting.
BetMGM has raised its full-year 2025 outlook to at least $2.75 billion in net revenue and about $200 million in EBITDA. It also reaffirmed its goal of generating more than $500 million in contribution, with positive results expected from online sports, like that of its first quarter.
The company plans to distribute extra cash to its parent companies each quarter while keeping at least $100 million in unrestricted cash on hand. By the end of 2025, BetMGM expects to have around $100 million in unrestricted cash after these distributions.
On the operations side, BetMGM highlighted recent product upgrades and the success of its “Make it Legendary” marketing campaign, which launched before the football season and features actor Jon Hamm. The company reported growth in player acquisition and retention, especially in iGaming, where the average number of monthly active users rose 21% from last year.

Never miss a photo finish Make every play legendary this football season pic.twitter.com/jLDC4gwHC5
— BetMGM (@BetMGM) August 29, 2025

Better player engagement and app improvements, such as live same-game parlay options and a refreshed design, also helped boost activity. The company said handle per active customer climbed 23%, while net gaming revenue per active customer jumped 49% compared with a year ago.
BetMGM also said it has more than $250 million in liquidity, made up of $100 million in unrestricted cash and an unused $150 million revolving credit facility.
“BetMGM is healthier than it has ever been,” Greenblatt said. “Our stronger than expected performance through Q3 positions us well for the rest of the year and into 2026.”
Featured image: BetMGM
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Brazilian bill proposes to double gambling taxes to 24%

In Brazil, a new bill has been proposed which would see an increase in the tax on online gambling companies, raising it from 12% to 24%, if it were to be approved.
Congressman Lindbergh Farias, who is the leader of the Workers Party (PT), has been vocal about the bill, and he took to social media on Sunday (October 12) to share his stance in a one-minute video.
The social media post, which has almost received 100,000 views, explains how the higher gambling taxes would be used to invest in health, education and social programs.

Nós apresentamos um projeto que dobra a cobrança sobre as casas de aposta — de 12% pra 24% — pra investir em saúde, educação e programas sociais.Eles defendem o tigrinho e os bilionários. Nós defendemos o povo.ASSINE O ABAIXO-ASSINADO no site https://t.co/5p91aLRjx4 pic.twitter.com/7EA2irWjNX
— Lindbergh Farias (@lindberghfarias) October 12, 2025

A website has also been created which urges members of the public to sign to add their voice to the discussion. When translated into English, the website states, “help us pressure Congress to approve our bill, which doubles the collection of bets from 12% to 24%.”
Brazil’s online gambling tax proposal comes same year the market sees regulation
This comes in the same year that Brazil officially launched its regulated betting and online gambling market, with this having taken place at the very beginning of the year.
The online gambling market in Brazil is one which is said to have been experiencing significant growth in recent times, with customers showing a growing interest. According to Statista, the number of users in the gambling market is expected to grow to 11.1 million by 2030.
On the newly proposed bill website, the text explains how online betting has become very popular in the country because of the ease and practicality of betting, along with the ‘massive volume of advertisements.’
When explaining why the bill centers around a higher tax, the website states three reasons which include aiming to reduce ‘the gambling epidemic’ in the country, as well as the impact on health and the economy, and so the country has more resources to invest.
Earlier in the year, there were discussions around potentially increasing taxes on sports betting. At the time, the Brazilian Institute of Responsible Gaming (IBJR) argued against this as they stated that it would create an ‘unsustainable’ scenario.
Featured Image: Screenshot via X post
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Meta removes Facebook page allegedly used to target ICE agents after pressure from DOJ

Meta removed a Facebook group page that was allegedly used to “dox and target” U.S. ICE agents in Chicago after being contacted by Department of Justice.

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Spotify partners with Netflix for video podcast distribution deal

Spotify is partnering with Netflix to bring select video podcasts to the streaming platform starting in early 2026. The deal will feature curated shows from Spotify Studios and The Ringer, expanding later to include more genres. The move reflects Spotify’s growing focus on video as a key driver for engagement and ad revenue, with video podcast consumption now growing 20 times faster than audio-only content.

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Feds Seize Record-Breaking $15 Billion in Bitcoin From Alleged Scam Empire

Officials in the US and UK have taken sweeping action against “one of the largest investment fraud operations in history,” confiscating a historic amount of funds in the process.

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OpenAI forms expert council to bolster safety measures after FTC inquiry

The council will help guide OpenAI’s work around ChatGPT and Sora, and define what healthy AI interactions look like.

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Salesforce Turns Slack into an AI Hub with Agent360 Integration

Slack’s rebuilt AI assistant connects directly to Salesforce’s Agentforce suite, providing enterprises with a centralized hub for agents, data, and automation.
The post Salesforce Turns Slack into an AI Hub with Agent360 Integration appeared first on TechRepublic.

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