AI now powers nearly half of all bets, new report finds

A new report looking at sports betting trends, from Kambi, shows that a massive 48% represent bets traded by AI on the company’s network in 2025.
This marks a stark rise from the 4% in 2022, followed by 18% in 2023, and then 28% in 2024. The company says this comes after they have “leveraged AI for many years to deliver odds with unprecedented precision and speed of delivery through fully automated trading.”

𝐊𝐚𝐦𝐛𝐢’𝐬 𝐒𝐩𝐨𝐫𝐭𝐬 𝐁𝐞𝐭𝐭𝐢𝐧𝐠 𝐓𝐫𝐞𝐧𝐝𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐢𝐬 𝐧𝐨𝐰 𝐥𝐢𝐯𝐞!
The sports betting industry is evolving faster than ever, and Kambi’s 2025 Report uncovers the key trends that shaped the market over the past year — and what they mean for 2026 and beyond.… pic.twitter.com/Eh2xyhhPBe
— Kambi (@KambiSports) January 13, 2026

According to the company, AI is improving their quality of pricing and enabling them to offer a more expansive offering. It was in 2022 when the sportsbook launched its AI trading, in time for the World Cup.
“AI has driven offering expansion across the whole of soccer, not just the top leagues. For example, since 2022, the number of bet offers have increased substantially on both the Dutch Eredivisie and English Championship.”
Basketball and American football tops Kambi’s most popular sports in 2025
Moving on from the AI, the sportsbook operator has provided an insight into its top markets by region. In the United States and Canada, basketball was the most popular, followed by American football, baseball, soccer, and then tennis.
As for the most popular events, the Super Bowl LIX topped the list in this area, with the AFC Championship Game being next, then NFC Championship Game, Buffalo Bills vs Baltimore Ravens, and then The Masters.
In Europe, the differences began to appear as the top sports were soccer, horse racing, ice hockey, tennis, and basketball. The operator has also shared the most popular events for first time bettors in this continent, with the Grand National topping the charts. The wide appeal of this event is further shown by the fact 40% of bettors made it their only racing bet of the year.
Arsenal vs Aston Villa was next on the list, with the others including Brest vs Real Madrid, Supreme Novices’ Hurdle, and the Festival Trophy Handicap Chase.
Featured Image: AI-generated via Ideogram
The post AI now powers nearly half of all bets, new report finds appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on AI now powers nearly half of all bets, new report finds

Michael Dugher steps down as Betting and Gaming Council chair

Michael Dugher is stepping down as Chair of the Betting and Gaming Council (BGC) after six years with the industry body, according to a statement from the BGC.
The BGC said Dugher, who was its founding chief executive before taking on the role of chair in April 2024, is leaving with immediate effect to become Head of the UK Public Affairs Practice at advisory firm Brunswick Group. The statement added that he will also continue working as a freelance business adviser and will remain a board member and director of Nottingham Forest Football Club.
In its press release, the BGC said Dugher had led the organization since its creation, when it brought together several previously separate trade bodies representing land-based casinos, high-street bookmakers and online betting, gaming and bingo operators.

Some personal news:
I am stepping down as Chair of BGC and moving on to be Head of the UK Public Affairs Practice at Brunswick Group, the leading global advisory firm. I will continue as a freelance business adviser + remain as a Board Member and Director at Nottingham Forest FC https://t.co/HFkHK7BKHK
— Michael Dugher (@MichaelDugher) January 14, 2026

The body also said Dugher oversaw the industry’s engagement with the Government’s review of the Gambling Act and the publication of the Gambling White Paper in 2023, which it described as introducing the biggest set of legislative and regulatory changes to the sector in a generation.
The statement noted that Dugher, a former Labour MP and Shadow Secretary of State for Digital, Culture, Media and Sport, worked closely with the Gambling Commission and other stakeholders during his time at the BGC. It added that under his leadership the BGC introduced 20 safer-gambling codes, which it said included 100 new standards.
Michael Dugher says BGC ‘did a difficult job’ amid UK gambling review
Commenting on his departure, Dugher said: “I am immensely proud of everything we have achieved at the BGC. Working with outstanding colleagues and members, we brought the industry together, embraced higher standards in safer gambling and championed an industry that employs tens of thousands of talented, hardworking, decent men and women in communities across almost every part of the UK. We also raised millions of pounds for so many good causes, particularly for racing and armed forces charities that have always been close to my heart.”
He added: “In an era when there is sadly so much ignorance and snobbery about betting – not helped, in my view, by the decline in the number of working-class people in Parliament – the BGC did a difficult job in navigating the industry through the previous Government’s gambling review. This resulted in a White Paper that, though not without its challenges, avoided many of the most draconian and disproportionate measures advocated by anti-gambling prohibitionists.”
Dugher continued: “By embracing change and positively engaging with Government and Parliamentarians, we made the case for an evidence-led approach to regulation and legislation that raised standards, protected jobs and growth as much as possible, and delivered historic deregulation and investment for Britain’s world-leading casino sector – all while keeping customers safe in the regulated industry. This approach is increasingly at risk today given the very worrying growth in harmful gambling in the unregulated online black market.”

BGC Chair @MichaelDugher is stepping down after six years of exceptional service to the Betting and Gaming Council and the regulated betting and gaming industry.
Michael was the BGC’s founding Chief Executive for more than four years before becoming Chair in April 2024. He led…
— Betting and Gaming Council (@BetGameCouncil) January 14, 2026

BGC CEO and Flutter pays tribute to Dugher
Grainne Hurst, the BGC’s chief executive, said Dugher’s impact on the organization had been significant. “From the outset, he brought clarity of purpose, a trusted standing with policymakers and regulators, and a steadfast commitment to championing a responsible, well-regulated betting and gaming industry,” she said.
She added: “Under his leadership, the BGC was firmly established as a credible standards body, uniting a diverse membership around stronger consumer protections and a shared determination to do the right thing, often going beyond regulatory requirements.
“He guided the industry through the most significant regulatory reform in a generation, helping to deliver the Gambling White Paper and shape its implementation in a way that balances consumer protection with the realities of a major UK leisure industry enjoyed safely by millions each month. His leadership was also pivotal in securing long-overdue casino modernisation and proportionate regulation.
“On a personal note, it has been a genuine privilege to work alongside Michael. He leaves a proud and lasting legacy at the BGC, having strengthened standards, unified the industry and ensured it is well prepared for the challenges ahead.”
Ian Proctor, chairman of Flutter UK & Ireland, also paid tribute, saying: “Michael worked tirelessly to help establish the BGC as a strong and authoritative body for the regulated industry. During a period of significant policy change, his experience and judgement were invaluable in supporting constructive engagement with Government and the regulator, including through the Gambling Act Review and the delivery of the White Paper.
“I would like to thank Michael for all his hard work and, on behalf of the wider industry, wish him every success in the future.”
Featured image: Betting and Gaming Council press release
The post Michael Dugher steps down as Betting and Gaming Council chair appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on Michael Dugher steps down as Betting and Gaming Council chair

Coalition for Prediction Markets adds big names to leadership board, including former Congressman Sean Patrick Maloney

The bipartisan Coalition for Prediction Markets (CPM) has announced that former US Representative and Ambassador Sean Patrick Maloney will serve as its CEO and President, with former US Representative and Chairman Patrick McHenry joining as a senior advisor.
The group aims to preserve fair and transparent access to prediction markets, with these having been controversial new introductions into the world of gambling.

Today, we are excited to announce our new bipartisan leadership: Ambassador @SeanPMaloney will serve as CEO and President, with former House Financial Services Chair @PatrickMcHenry joining as Senior Advisor.
We are ready to work across the aisle to protect consumers and support…
— Coalition for Prediction Markets (@PredictAction) January 13, 2026

“Together, Maloney and McHenry bring deep bipartisan experience shaping U.S. financial policy, strengthening consumer protections, and advancing responsible innovation, leadership that CPM will leverage as prediction markets become more mainstream,” the news release states.
Two former Members of Congress join prediction markets coalition
Previously, Maloney was the Chair of the Democratic Congressional Campaign Committee and as the US Ambassador to the OECD.
He has also represented New York’s 18th Congressional District, with this experience spanning a decade, during which he chaired the Commodity Markets and Digital Assets Subcommittee of the Commodity Futures Trading Commission (CFTC) and served on the House Intelligence Committee.
The coalition press release says he has joined at a time when prediction markets are facing growing “efforts by state-level authorities to assert jurisdiction over markets long governed by federal law.” Within his new role, he will oversee the coalition’s policy and advocacy to reinforce a consistent federal framework.
“Prediction markets are proving to be one of the most effective tools we have for aggregating information and forecasting real-world outcomes,” said Maloney. “But that promise depends on clear rules, thoughtful oversight, and regulatory certainty. CPM exists to make sure policymakers get this right, and I’m excited to help lead that effort.”
In Chairman McHenry’s role as a senior advisor, he will be expected to provide strategic guidance on items like market structure, financial regulation, and engagement with federal policymakers, while supporting the coalition’s mission.
“Prediction markets have long operated within a federal regulatory framework designed to promote transparency and protect consumers,” said Chairman McHenry.
“As these markets continue to grow, it’s critical that both consumers and platforms have clear and consistent guidance. Over the past decade, I’ve been proud to lead the country’s approach to regulating innovative financial tools, and I look forward to supporting CPM as it paves the way ahead.”
Featured Image: Via The Coalition for Prediction Markets
The post Coalition for Prediction Markets adds big names to leadership board, including former Congressman Sean Patrick Maloney appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on Coalition for Prediction Markets adds big names to leadership board, including former Congressman Sean Patrick Maloney

2026 May Be the Year of the Mega I.P.O.

If SpaceX, OpenAI and Anthropic go public, they will unleash gushers of cash for Silicon Valley and Wall Street.

Posted in Tech | Tagged | Comments Off on 2026 May Be the Year of the Mega I.P.O.

Can A.I. Generate New Ideas?

Systems like OpenAI’s GPT-5 are accelerating research in math, biology and chemistry. But there is a debate over whether it can do that work on its own.

Posted in Tech | Tagged | Comments Off on Can A.I. Generate New Ideas?

Bandcamp takes a stand against AI music, banning it from the platform

“We want musicians to keep making music, and for fans to have confidence that the music they find on Bandcamp was created by humans,” the company said.

Posted in Tech | Tagged | Comments Off on Bandcamp takes a stand against AI music, banning it from the platform

Musk says Tesla is moving Full Self-Driving to a monthly subscription

Tesla is lagging Waymo in autonomous mobility as the Alphabet-owned driverless car service topped 450,000 paid weekly rides in December.

Posted in Tech | Tagged | Comments Off on Musk says Tesla is moving Full Self-Driving to a monthly subscription

Amazon’s New Retail Strategy Takes Aim at Walmart

Amazon is planning a massive new big-box store near Chicago to blend online convenience with physical retail, escalating its rivalry with Walmart.
The post Amazon’s New Retail Strategy Takes Aim at Walmart appeared first on TechRepublic.

Posted in Tech | Tagged | Comments Off on Amazon’s New Retail Strategy Takes Aim at Walmart

H&R Block Deluxe + State 2025 Makes Tax Prep Less Painful

File federal + one state with step-by-step guidance, AI Tax Assist, and five free federal e-files for $49.99.
The post H&R Block Deluxe + State 2025 Makes Tax Prep Less Painful appeared first on TechRepublic.

Posted in Tech | Tagged | Comments Off on H&R Block Deluxe + State 2025 Makes Tax Prep Less Painful

Bill Gates-backed Type One Energy raises $87M ahead of $250M Series B

Type One Energy has raised more than $160 million from investors to date. The new funding will help the company further refine its stellarator technology.

Posted in Tech | Tagged | Comments Off on Bill Gates-backed Type One Energy raises $87M ahead of $250M Series B