Bevel raises $10M Series A from General Catalyst for its AI health companion

Bevel’s AI health companion unifies data from wearables and daily habits across sleep, fitness, and nutrition into personalized insights.

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NBA to withhold Billups and Rozier salaries during live FBI investigation

Just days after the arrests of Chauncey Billups and Terry Rozier related to the NBA gambling scandal, news has emerged that the pair will not receive their salaries during the FBI investigation. 
In what is a live, developing case, law authorities are probing what has been described as a criminal gambling operation that utilized inside information to wager illegal bets.
At a news conference in NYC, FBI Director Kash Patel spoke of “historic” arrests, which also included the La Cosa Nostra crime syndicate. 
Altogether, 31 individuals have been charged so far.
The fresh blow for former Portland Trail Blazers coach Billups and Miami Heat Guard Rozier has evoked a strong response from the NBA Players’ Association, with the duo’s attorneys denying any involvement with the gambling ring.  
Rozier’s salary will be held in escrow, with the full amount to be paid out if he is cleared in the investigation, while Billups will not be paid during his period of enforced leave.
A spokesperson for the NBA Players’ Association confirmed their intention to fully challenge the suspension of pay, in a statement to CNBC: 
“While we are in agreement with the league that upholding the integrity of the game is of the utmost importance, their decision to place Terry on leave without pay is counter to the presumption of innocence and inconsistent with the terms of our Collective Bargaining Agreement.
“We plan to challenge their decision via the proper channels,” they added.
No impact on NBA team spending
Rozier’s salary for this season is thought to be around $26.6 million, with Billups said to have earned roughly $4.7 million throughout the 2024-25 season. He signed a multi-year contract extension earlier this year, for an undisclosed amount.
Miami Heat will not be directly paying out on Terry Rozier’s significant salary until further notice, with the next installment due to be paid this week. 
Despite this, the Heat will not be granted any kind of salary cap benefit or spending boost as a result of the individual sanction.
This has been explained by the collective bargaining agreement (CBA) most recently agreed by the NBA that allows the league to act in situations like this, to place the due funds in a safe account until the conclusion of the investigation. 
ReadWrite has reached out to the NBA Players’ Association for comment.
Featured image: Keith Allison from Hanover, MD, USA / CC BY-SA 2.0
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How Much Math Is in Poker?

Poker is often pictured as having wily players with bluffing faces. It is considered to be a game that people get better at with experience in reading people. There’s indeed a psychology behind things.
But numbers play a much bigger part than most people realize. This could come in the form of quick calculations or even deeper strategies. Mathematics sits quietly at the heart of many decisions players make during a hand.
A Modern Poker Landscape
The poker scene today is far bigger than its early days. Many tables run around the clock with video streams showing every development. Texas Hold’em leads the pack, especially across North America. It has become the game most people think of first. Many of the best poker players in the world have hailed from the United States and Canada.
Several people playing poker online in Canada will be logging in to play Hold’em (which includes a mix of strategy and luck). The top casinos across the North American region offer a variety of different poker games. We’ve even seen more specific variations and options for things like cash games and stake limits.

Variations like Omaha and Stud games all have loyal communities in the same areas. The games all have their own rhythm and approach, and variations within them.
That variety means there’s space for casual players who want a relaxed game and for strategists who pore over hand histories looking for statistical input. Some people are hugely statistical in the way they think about the game. Other people trust skills like people reading.
That reflects the number of options in poker. Different games can be played with different stakes and variations. People even debate what the correct chip values are for the game!
Please embed the link:
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Where the Numbers Begin
Every poker hand hides a set of probabilities. The simplest is understanding how often certain cards will show up. Odds of pairing a starting hand and the chance of hitting a flush by the river. People even consider the likelihood of an opponent holding a better set. All of these come from straightforward calculations.
Players who love the math side talk about “outs.” An out is any unseen card that will improve a hand. Trying to work out their likelihood can help someone decide whether to keep betting or fold.
Here’s an example: If you’re one card away from a straight, you might have eight outs. Knowing how likely those cards are to appear can help make the decisions. This all relates to game theory and mathematics in poker.
Pot Odds and Break-Even Points
There’s also the concept of pot odds. This compares the size of the pot to the cost of calling a bet. They consider the potential reward. Some players make these checks instinctively – others keep the formula clear in their minds and run through it as the action unfolds.
Break-even thinking is another layer. When someone knows they need to win a hand at least 30% of the time to justify a call, they’re applying a slice of game theory to a card table. It doesn’t guarantee a win. What it does is frame decisions with a cool head rather than pure guesswork.
Strategy: Numbers Meet Psychology
Math alone won’t conquer poker. Reading people and balancing risk are just as important. Numbers give structure to all that intuition. Tournament players sometimes use calculations to manage chip stacks and adjust as blinds rise. Cash-game specialists might memorize common odds so they don’t need to pause for long equations mid-hand.
Not everyone digs into spreadsheets or solver software. Some players enjoy a looser style, focusing more on timing and body language than the arithmetic. The interesting thing about poker is that both approaches can find success. Nobody needs to get a degree in mathematics before they start playing.
The Mental Gym of Poker
Poker’s mix of logic and creativity can be appealing to certain players. Even a friendly game forces the mind to weigh possibilities quickly. Should you chase that inside straight or hold back for a better spot? Can you represent a strong hand even if the cards don’t back it up?
Those puzzles sharpen focus and pattern recognition. They may also teach patience within the game. Folding several hands in a row is often the smartest play. It can involve a lot of practice as well as knowing some mathematical basics. Luck is always a factor in determining outcomes.
Some of those versions of poker we discussed earlier are less involved in this way. They might focus more on fortune than they focus on strategy. Some versions of poker stud games reveal different numbers of cards at the start. This can change the whole outlook. Different players have their own preferences for which they want to play.
The range of poker players is as wide as its variations. Some people love the charts and formulas – others go based on their ​​instincts and experience.
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Gambling in New Zealand could fund local community groups

Community funding through the Online Casino Gambling Bill has been introduced in New Zealand, as the minister of internal affairs says they are ‘listening to New Zealanders.’
Brooke van Velden, the minister of internal affairs, announced the introduction on Wednesday (October 29) as she said: “The message from communities was loud and clear – if we’re regulating online gambling, they want to see benefits flow back to local sports clubs, community groups, and grassroots organisations.
“I have listened, and now as a Government, we are delivering on what matters most to communities across the country.”
What is the new Offshore Gambling Duty bill in New Zealand?
The proposed change increases the Offshore Gambling Duty from 12% to 16%. A total of 4% has been ringfenced specifically for community returns which will create an entirely new funding stream for New Zealand communities.
“While I am confident the regulated online casino market will provide new community funding opportunities for New Zealand sports clubs and community organisations, I do acknowledge that predicting the exact impact on existing Class 4 [pokies] returns creates some uncertainty,” Brooke continued.
“Cabinet has agreed on a two-year review after implementation of the community returns policy to assess the impact of online casino gambling on other forms of gambling and community returns.”
The bill attempts to address a gap in New Zealand’s regulatory framework. “Right now, Kiwis are gambling on thousands of overseas websites with no safety nets, no spending limits, and no recourse when things go wrong. That’s unacceptable.
“This Bill brings those operators under New Zealand law, with proper consumer protections, harm minimisation measures, and now – community benefits.”
Van Velden confirmed that this would be new money on top of existing funding from ‘pokies, Lotto, and TAB.’ She added that they’re not taking anything away, but adding to what’s already there, and reiterated this point in a recent LinkedIn post.
Featured Image: AI-generated via Ideogram
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The Importance Of Real-Time API Usage & Live-Stream Syncing In Sports Platforms

Snooker is a game that has long been associated with conservative play, lengthy matches, and a standard pattern of shots and breaks. Each shot is well-established, many safety battles have been played out in similar ways, and each elite player has their own style of break building. 
Ask anyone in the upper echelons of the game about how to improve it, and they will talk about the need to find more ‘personalties’ in the mould of O’Sullivan, White, Higgins, and Trump. But there’s also a completely different approach that the sport is also benefiting from: data. It’s this that will be our focus in the following analysis. 
The Principle Of Data Integration 
Before we begin to look at how data can enrich the game we all know and love in so many ways, we first need to think about how it’s gathered and used. The principle of data integration is to combine as many sources of data as possible into the live viewing experience for the benefit of the fans. Of course, coaches, pundits, and players can also benefit if they choose to use this new centralised source of information, but the developers are principally putting it together for the benefit of the viewing public. 
For this reason, you can expect any live snooker broadcast to offer so much more than simply shot-by-shot updates of the score. Results from other tables that show who the players are likely to come up against in the next round are common, as are average shot times, safety success, pot success, and pot success when using the rest or other forms of bridge. There is also a deeper set of data points that are increasingly being used by online platforms to further enhance the viewing experience: 

Fan behaviour can be analysed to determine which player may be feeling the most pressure from the crowd, and reflecting the tension in their shot selection 
Decision-making time during prolonged safety exchanges can show if a player is being pushed to their limit, as well as if a tactical player is attempting to break the rhythm of a faster player 
The thoughts of leading players and pundits can also be factored in through comments made in the commentary box, studio, or on social media. Doing so can highlight unorthodox play or when a player is experimenting with a new cue action 

Rather than focusing on the need for any one particular data point, the key is to remember that the more data that is available, the richer the overall experience will be. This is provided that the data is combined in a way that makes it usable. 
Unifying The Data-Driven Overview 
Data comes in many forms and from a variety of different locations, meaning that it may not be instantly compatible with every other element in the database. Unification is needed here, with a range of data sources needing their own dedicated attention: 

Historical Records: These largely static data sources are gradually updated, a match at a time, providing context for the game that is currently playing out 
Player Tracking: Looking at various playing metrics during the course of the match and then comparing them to season and career averages reveals changes in playing habits 
Fan Data: Assessing support on social media, betting volumes online, and even the mood of the crowd can help determine which player is under more pressure  

Each of these sources can enrich the context and understanding of the match, taking it far beyond a simple running live score. This is important when sports platforms want to be able to provide fans with a deeper level of understanding of what they are seeing play out on the table. 
The Rise Of Technical Innovation 
APIs are needed to pull data from a variety of different sources and then centralise them accordingly. Anyone checking out the snooker odds today, for example, will find that the odds of a player prevailing are highly dynamic, often shifting as each frame enters the latter stages. What’s fascinating about this is that it helps to quantify the quality of play of both players in a way that extends beyond the score and the frame count. 
If you consider technical innovation as a matter of integrating data into the ebb and flow of live sport, you start to see that it has a range of benefits. Rather than simply being a case of dropping a few extra facts and statistics for the die-hard fans who love to memorise details, it’s about providing a deeper understanding. This shift towards deeper, more meaningful data can then be used by a variety of different parties, including fans, broadcasters, sports betting platforms, and even the players themselves. 
Driving The Fan Experience 
The more that data is integrated into a live snooker broadcast, the more it can be used to redirect and reimagine the fan experience. For example, Sportsbet and others allow users to place bets using a range of cryptocurrencies, rather than limiting them to traditional fiat currency. While betting is clearly a major part of the next generation of sports platforms, there is more to the fan experience as you start to dive deeper and think more clearly. 
In-depth player statistics and form guides can soon be fed into AI-driven content models for a level of personalisation that conventional broadcast media cannot compete with. Imagine a fan whose viewing habits have shown them to be someone who loves safety exchanges, being shown stats on escape routes during safety, or the equivalent for fans who love free-scoring frames. The result would be an unrivaled level of fan engagement and immersion that ensures everyone watching gets to see exactly what they are most interested in. 
Optimization Of Player Performance 
With the rise of data comes an opportunity for players to really start to focus on new elements of their games. Yes, they have coaches and many years of experience at the table, but who would turn down a treasure trove of new information that is accessible for free because someone else has done the hard work?
At the elite end of the game, the tactical nuances can so often make the difference between a half chance and full clearance. Looking at trends and patterns, not just during games, but across the season as a whole, could provide players with new insights into how they are approaching different situations. The more a player and their team lean into the data, the more likely it is that they will be able to find an edge that allows them to show their best form when it matters most. 
Smarter Snooker Betting 
We may have left the most obvious application to last, but that’s with good reason. If you think of betting on snooker as nothing more than making judgments on likely outcomes based on data, you can see why having more data is so important. Fans who want to place a bet will always prefer an integrated approach that allows them to watch the action, be fed key data, and then go digging for more should they wish to refine their strategies. The platforms that win the battle for audience attention and higher retention rates will be the platforms that give fans as many options as possible, and gambling will certainly be right there. 
Conclusion 
Moving sport away from a linear experience and towards a multi-media activity that offers depth and clarity is something that is becoming increasingly common. The more you find that you can immerse yourself in the action, as opposed to simply sitting and watching it, the more likely you are to engage for longer periods and to engage on a more frequent basis. Given the entry of the major streaming platforms like Netflix and Amazon Prime into live sport, this is something that is going to become even more important in the years ahead. 
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Michigan cracks down on eight unlicensed online casinos operating illegally in state

The Michigan Gaming Control Board (MGCB) is stepping up its efforts to crack down on unlicensed online casinos. The agency sent cease and desist letters to eight gambling sites that it says were illegally offering internet gaming to people in the state. The letters went out to Aussie Play, CryptoGames, FortuneJack, Hugewin Casino, My Stake Casino, Play at Harry’s Casino, RuneChat and Slots Garden.
According to the board, these sites had been running online gaming services without the approval required under Michigan law. Henry Williams, executive director of the Michigan Gaming Control Board, said, “These unauthorized websites often appear sophisticated and legitimate, but they operate outside of Michigan law.
“When players gamble on unlicensed platforms, they’re putting their money and personal information at serious risk. The MGCB will not hesitate to intervene when we find operators ignoring our state’s gambling laws.”
The agency says it only allows online gaming and sports betting through operators that are licensed and overseen by the MGCB. Any gambling site that operates without state approval is breaking the Lawful Internet Gaming Act, the Michigan Gaming Control and Revenue Act, and parts of the Michigan Penal Code.
The MGCB explained that unregulated sites do not offer the protections required in Michigan. That includes independent testing of games, tools that support responsible gambling, and clear ways for players to file disputes or use self exclusion options. All eight companies named in the recent enforcement action have been told to stop taking bets from anyone in the state.
Michigan expands enforcement against unlicensed online casinos
This push is part of an ongoing effort between the gaming board and the Michigan Department of Attorney General. The agency said that repeated or intentional violations could lead to additional consequences.


“Every illegal site that operates here undermines the integrity of the legal market and puts consumers at risk,” Williams said. “Our message remains consistent: If you want to do business in Michigan’s gaming industry, you must play by the rules and obtain a license.”
The latest crackdown builds on earlier actions highlighted last month by ReadWrite, which reported that Michigan had already shut down four unlicensed online casinos that were targeting people in the state. This is part of a wider effort to cut down on illegal gambling sites. In June, the state sent out 100 cease and desist letters to operators offering games without approval.
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Roblox stock slips 10% as company expects more spending on safety and infrastructure

Roblox boosted booking guidance for the fiscal year to between $6.57 billion and $6.62 billion

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Jim Cramer says buy the Meta plunge — but timing is key

The Club decided to upgrade Meta Platforms — choosing to view Thursday’s stock plunge as a buying opportunity.

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AI companies are downplaying amount of energy and capital they need, Joe Lonsdale says

Palantir co-founder and venture capitalist Joe Lonsdale says that execs at AI companies are underselling the resources required to meet their ambitions.

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ECB Aims for 2029 Digital Euro Launch

The digital euro is viewed as a strategic tool to safeguard Europe’s monetary independence and prevent reliance on foreign digital payment solutions.
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