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  14. <description>Crypto, Gaming &#38; Emerging Tech News</description>
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  31. <title>Paddy Power set to close 57 high-street shops across the UK and Ireland</title>
  32. <link>https://readwrite.com/paddy-power-close-57-high-street-shops-uk-ireland/</link>
  34. <dc:creator><![CDATA[Rachael Davies]]></dc:creator>
  35. <pubDate>Thu, 16 Oct 2025 11:00:21 +0000</pubDate>
  36. <category><![CDATA[Gambling]]></category>
  37. <category><![CDATA[Flutter Entertainment]]></category>
  38. <category><![CDATA[paddy power]]></category>
  39. <category><![CDATA[United Kingdom]]></category>
  40. <guid isPermaLink="false">https://readwrite.com/?p=542005</guid>
  41.  
  42. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Paddy Power on the high street. Paddy Power set to close 57 high-street shops across the UK and Ireland" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  43. <p>Flutter UKI has announced plans to close 57 Paddy Power shops across the UK and Ireland, after a review of&#8230; <a class="more-link" href="https://readwrite.com/paddy-power-close-57-high-street-shops-uk-ireland/">Continue reading <span class="screen-reader-text">Paddy Power set to close 57 high-street shops across the UK and Ireland</span></a></p>
  44. <p>The post <a href="https://readwrite.com/paddy-power-close-57-high-street-shops-uk-ireland/">Paddy Power set to close 57 high-street shops across the UK and Ireland</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  45. ]]></description>
  46. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Paddy Power on the high street. Paddy Power set to close 57 high-street shops across the UK and Ireland" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>Flutter UKI has announced plans to close 57 Paddy Power shops across the UK and Ireland, after a review of the high street estate. As a result, almost 250 staff are at risk of redundancy. Of the closures, 28 shops will close in Ireland, 28 in the UK and 1 in Northern Ireland.</p>
  47. <p>The company has confirmed that impacted colleagues will be offered redeployment opportunities where possible. However, it&#8217;s expected that the closures will unfortunately lead to some job losses. Flutter told ReadWrite that it is consulting closely with colleagues and providing support to those affected by these changes.</p>
  48. <p>“In light of increasing cost pressures and challenging market conditions, we can confirm that we will be closing 28 shops across Ireland within the next month,&#8221; said a Flutter UKI spokesperson. &#8220;We are continually reviewing our high street estate, but it remains a key part of our offer to customers, and we are seeking to innovate and invest where we can as we adapt to different customer trends and needs.”</p>
  49. <h2><span id="why_are_paddy_power_shops_closing-2">Why are Paddy Power shops closing?</span></h2>
  50. <p>Flutter put the reason for the shop closures down to challenging market conditions, with rising financial pressure in the UK coming from National Insurance fees, energy costs, and tough trading conditions. A spokesperson for the company also highlighted that, while worries around rising taxes are not directly responsible for the closures, greater financial pressures could lead to more closures and job losses not just at Flutter-owned businesses but across the industry.</p>
  51. <p>“While today’s closures are not directly related to the uncertainty surrounding the Budget, a higher gambling tax could have a significant impact on jobs and investment across the industry and drive more customers into the open arms of unlicensed operators on the illegal, black market,&#8221; they said.</p>
  52. <p>Indeed, Paddy Power is not the only UK brand to face closures, with William Hill also announcing <a href="https://readwrite.com/william-hill-plans-close-one-in-ten-uk-betting-shops-2026/" target="_blank" rel="noopener">one in 10 shops will be forced to close</a>.</p>
  53. <p><em><strong>Featured image: <a class="vNdLpe btTgYb" href="https://commons.wikimedia.org/wiki/File:Paddy_Power,_King_Street,_Hammersmith_02.jpg" target="_blank" rel="noopener" data-ved="0CBsQ7o4GahcKEwjIspXaxaiQAxUAAAAAHQAAAAAQBA">Wikimedia Commons</a>, licensed under <a href="https://creativecommons.org/licenses/by-sa/4.0/" target="_blank" rel="noopener">CC BY-SA 4.0</a></strong></em></p>
  54. <p>The post <a href="https://readwrite.com/paddy-power-close-57-high-street-shops-uk-ireland/">Paddy Power set to close 57 high-street shops across the UK and Ireland</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  55. ]]></content:encoded>
  59. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/Paddy-Power-on-the-high-street-900x600.jpg" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  60. <item>
  61. <title>PrizePicks gains fantasy sports operating license in New York</title>
  62. <link>https://readwrite.com/prizepicks-gains-fantasy-sports-operating-license-new-york/</link>
  64. <dc:creator><![CDATA[Rachael Davies]]></dc:creator>
  65. <pubDate>Thu, 16 Oct 2025 10:03:55 +0000</pubDate>
  66. <category><![CDATA[Gambling]]></category>
  67. <category><![CDATA[New York]]></category>
  68. <category><![CDATA[prizepicks]]></category>
  69. <guid isPermaLink="false">https://readwrite.com/?p=541976</guid>
  70.  
  71. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="PrizePicks gains fantasy sports operating license in New York." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  72. <p>PrizePicks is back in New York following last year&#8217;s $15 million settlement for operating without a license. Fantasy sports operator&#8230; <a class="more-link" href="https://readwrite.com/prizepicks-gains-fantasy-sports-operating-license-new-york/">Continue reading <span class="screen-reader-text">PrizePicks gains fantasy sports operating license in New York</span></a></p>
  73. <p>The post <a href="https://readwrite.com/prizepicks-gains-fantasy-sports-operating-license-new-york/">PrizePicks gains fantasy sports operating license in New York</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  74. ]]></description>
  75. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="PrizePicks gains fantasy sports operating license in New York." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>PrizePicks is back in New York following last year&#8217;s $15 million settlement for operating without a license.</p>
  76. <p>Fantasy sports operator PrizePicks will now be able to offer its service in New York, after being awarded an interactive fantasy sports operating license by the New York State Gaming Commission. <a href="https://www.prnewswire.com/news-releases/prizepicks-awarded-gaming-license-in-new-york-302583740.html" target="_blank" rel="noopener">PrizePicks has confirmed</a> that it plans to launch its peer-to-peer offering in New York in the coming weeks.</p>
  77. <p>&#8220;New York is home to some of the most passionate sports fans in the country, and we know they will be excited to have PrizePicks back,&#8221; said Mike Ybarra, CEO of PrizePicks. &#8220;We&#8217;re thrilled to offer a great entertainment experience that elevates how they engage on game day and beyond.&#8221;</p>
  78. <h2><span id="prizepicks_background_in_new_yorks_gaming_scene-2">PrizePicks&#8217; background in New York&#8217;s gaming scene</span></h2>
  79. <p>This comes after PrizePicks paid nearly $15 million to the Gaming Commission in 2024 in a legal settlement over its licensing issues. Now, the company maintains that it has &#8220;worked closely with state gaming regulators to ensure that its new peer-to-peer contests comply with New York&#8217;s strict fantasy sports requirements.&#8221;</p>
  80. <p>&#8220;We want to thank the New York State Gaming Commission for their collaboration and recognition of our peer-to-peer offering as a fantasy sports contest,&#8221; said Jason Barclay, PrizePicks&#8217; Head of Public Policy and Chief Legal Officer. &#8220;We worked diligently to design a game that meets the Commission&#8217;s rigorous standards, and New York&#8217;s decision underscores the idea that innovation in fantasy sports can thrive within a clear regulatory framework.&#8221;</p>
  81. <p>New York is now the 16th jurisdiction to formally license PrizePicks for operations, confirming that PrizePicks&#8217; contests can be offered as games of skill under its fantasy sports laws. The fantasy sports operator has also been investing heavily in <a href="https://readwrite.com/prizepicks-launches-the-feed-fantasy-sports-app/" target="_blank" rel="noopener">the social side of its app</a> recently, bringing in <a href="https://readwrite.com/prizepicks-teams-sam-richardson-druski-up-promote-the-feed/" target="_blank" rel="noopener">famous faces to promote The Feed</a> and its various community-focused features.</p>
  82. <p><em><strong>Featured image: PrizePicks</strong></em></p>
  83. <p>The post <a href="https://readwrite.com/prizepicks-gains-fantasy-sports-operating-license-new-york/">PrizePicks gains fantasy sports operating license in New York</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  84. ]]></content:encoded>
  88. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-fantasy-sports-900x600.jpg" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  89. <item>
  90. <title>Resorts World New York City&#8217;s latest casino application brings total spend up to $7.5B</title>
  91. <link>https://readwrite.com/resorts-world-new-york-latest-casino-application-7-5bln/</link>
  93. <dc:creator><![CDATA[Rachael Davies]]></dc:creator>
  94. <pubDate>Thu, 16 Oct 2025 09:24:49 +0000</pubDate>
  95. <category><![CDATA[Casino]]></category>
  96. <category><![CDATA[New York]]></category>
  97. <guid isPermaLink="false">https://readwrite.com/?p=541945</guid>
  98.  
  99. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Resorts World New York City&#039;s latest casino application brings total spend up to $7.5bln." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  100. <p>Resorts World New York City has submitted its supplemental application for a casino license, bringing the total spend up to&#8230; <a class="more-link" href="https://readwrite.com/resorts-world-new-york-latest-casino-application-7-5bln/">Continue reading <span class="screen-reader-text">Resorts World New York City&#8217;s latest casino application brings total spend up to $7.5B</span></a></p>
  101. <p>The post <a href="https://readwrite.com/resorts-world-new-york-latest-casino-application-7-5bln/">Resorts World New York City&#8217;s latest casino application brings total spend up to $7.5B</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  102. ]]></description>
  103. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Resorts World New York City&#039;s latest casino application brings total spend up to $7.5bln." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>Resorts World New York City has submitted its supplemental application for a casino license, bringing the total spend up to $7.5 billion.</p>
  104. <p>Now submitted to the New York State Gaming Facility Location Board, Resorts World New York City&#8217;s proposal <a href="https://www.prnewswire.com/news-releases/resorts-world-new-york-city-submits-supplemental-7-5b-proposal-including-2b-in-community-benefits-for-full-commercial-gaming-license-to-create-largest-integrated-resort-in-the-us-302585369.html" target="_blank" rel="noopener">promises</a> &#8220;more jobs, more revenue, and more immediate economic impact&#8221; as the competition for a license continues to heat up. This comes on the heels of <a href="https://readwrite.com/mgm-yonkers-pulls-out-of-new-york-casino-bid-race/" target="_blank" rel="noopener">MGM Yonkers pulling out of the running</a>, leaving just three applications in contention.</p>
  105. <p>Resorts World&#8217;s proposal includes <a href="https://readwrite.com/resorts-world-new-york-city-cac/" target="_blank" rel="noopener">$5.5 billion spent on site development</a> and $2 billion on community benefits, bringing the total spend up to $7.5 billion. Estimates put state and local tax payments for the first 10 years of operation at $18.8 billion. This comes after Resorts World pledged to pay $100 million more than necessary for the license fee, promising $600 million in total.</p>
  106. <p>The company also promises to open its doors four years earlier than other bidders plan to, with a scheduled opening date of June 29, 2026.</p>
  107. <p>&#8220;This is more than a bid: it&#8217;s a promise kept to the people of New York,&#8221; said Robert DeSalvio, President of Genting Americas East. &#8220;No other project will come online faster, generate more financial impact, create more jobs or send more revenue to the state&#8217;s education fund, the MTA and local communities than Resorts World New York City.&#8221;</p>
  108. <h2><span id="whats_next_for_the_future_of_new_york_city_casinos-2">What&#8217;s next for the future of New York City casinos?</span></h2>
  109. <p>While Resorts World is hoping its latest application update will help it stand out from the rest, the decision still ultimately rests with the New York State Gaming Facility Location Board. It expects to make a decision by December 1, 2025, so there&#8217;s not too much longer to wait.</p>
  110. <p>The three casino applications still in the running are Resorts World, Citi Field in Queens, and Bally’s Bronx casino. You can read all about the proposals here, and the wider process, <a href="https://readwrite.com/everything-you-need-know-new-york-casinos-map-locations-bidders/" target="_blank" rel="noopener">here</a>.</p>
  111. <p><em><strong>Featured image: Resorts World New York City</strong></em></p>
  112. <p>The post <a href="https://readwrite.com/resorts-world-new-york-latest-casino-application-7-5bln/">Resorts World New York City&#8217;s latest casino application brings total spend up to $7.5B</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  113. ]]></content:encoded>
  117. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/Resorts-World-New-York-City-900x600.png" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  118. <item>
  119. <title>UK&#8217;s DCMS opens consultation on gaming machine and bingo licensing reforms</title>
  120. <link>https://readwrite.com/uk-government-gaming-machine-bingo-licensing-consultation/</link>
  122. <dc:creator><![CDATA[Suswati Basu]]></dc:creator>
  123. <pubDate>Thu, 16 Oct 2025 08:17:11 +0000</pubDate>
  124. <category><![CDATA[Gambling]]></category>
  125. <category><![CDATA[bingo]]></category>
  126. <category><![CDATA[gambling legislation]]></category>
  127. <category><![CDATA[slot machines]]></category>
  128. <category><![CDATA[United Kingdom]]></category>
  129. <guid isPermaLink="false">https://readwrite.com/?p=541941</guid>
  130.  
  131. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms-300x200.png" class="attachment-medium size-medium wp-post-image" alt="UK&#039;s DCMS opens consultation on gaming machine and bingo licensing reforms. Split image showing two slot gaming machines in a dimly lit arcade on the left, and London’s Big Ben and Houses of Parliament at sunset on the right, representing UK government consultation on gambling regulations." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  132. <p>UK&#8217;s Department for Culture, Media and Sport has launched a public consultation on proposed changes to gaming machine rules and&#8230; <a class="more-link" href="https://readwrite.com/uk-government-gaming-machine-bingo-licensing-consultation/">Continue reading <span class="screen-reader-text">UK&#8217;s DCMS opens consultation on gaming machine and bingo licensing reforms</span></a></p>
  133. <p>The post <a href="https://readwrite.com/uk-government-gaming-machine-bingo-licensing-consultation/">UK&#8217;s DCMS opens consultation on gaming machine and bingo licensing reforms</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  134. ]]></description>
  135. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms-300x200.png" class="attachment-medium size-medium wp-post-image" alt="UK&#039;s DCMS opens consultation on gaming machine and bingo licensing reforms. Split image showing two slot gaming machines in a dimly lit arcade on the left, and London’s Big Ben and Houses of Parliament at sunset on the right, representing UK government consultation on gambling regulations." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>UK&#8217;s Department for Culture, Media and Sport has launched a public consultation on <a href="https://readwrite.com/uk-government-submits-long-awaited-gambling-reform-policy/">proposed changes</a> to gaming machine rules and <a href="https://readwrite.com/online-bingo-players-glitch-gala-ladbrokes-foxy-entain/">bingo</a> venue licensing in Great Britain. Published on Wednesday (October 15), the consultation asks for feedback on possible updates to the stakes and prizes for Category D gaming machines and changes to the licensing system for the bingo industry. People can share their views until 11:59 pm on January 9, 2026.</p>
  136. <p><a href="https://www.gov.uk/government/consultations/consultation-on-category-d-gaming-machines-and-licensing-for-bingo-premises" target="_blank" rel="noopener">According to DCMS</a>, the consultation hopes to ensure that &#8220;the regulatory framework that underpins [the land-based gambling industry] is fit for purpose&#8221; and to explore how &#8220;sustainable growth might be supported in the family entertainment centre sector.&#8221;</p>
  137. <h2><span id="category_d_gaming_machine_consultation-2">Category D gaming machine consultation</span></h2>
  138. <p>The government is asking for public feedback on plans to update the stake and prize limits for several types of Category D gaming machines, such as crane grab machines, coin pushers, and non-money prize machines. The machines are commonly found in seaside arcades and family entertainment centres, can be played by children, and are generally seen as some of the lowest-risk forms of gambling.</p>
  139. <div class="our-mission-out quote-single">
  140. <p>&#8220;The government is clear that growth cannot be pursued at any cost. It is vitally important to uphold the licensing objectives set out in the Gambling Act 2005, which includes protecting children and other vulnerable people from being harmed or exploited by gambling.&#8221; &#8211; Department for Culture, Media and Sport</p>
  141. </div>
  142. <p>DCMS stated that it is “keen to take stock of the effects of recent commercial pressures and explore ways in which sustainable growth might be supported in the family entertainment centre sector.” The proposed changes would keep the £1 maximum stake for crane grab machines but raise the maximum prize from £50 to £75. The department noted that &#8220;average prices of goods included in the Consumer Prices Index in the UK have risen by over 55% from 2009 to 2025,&#8221; which has made it harder for operators to offer prizes that appeal to players.</p>
  143. <p>For non-money prize machines, the government is calling for feedback on plans to separate <a href="https://readwrite.com/uk-government-plans-to-ease-slot-machine-restrictions-halted/">slot-style machines</a>, which look similar to adult gaming machines, from other types of non-money prize machines. The limits for slot-style machines would stay the same, but for other machines, the maximum stake could increase from 30p to either 40p or 50p, and the top prize could go up to £20.</p>
  144. <p>The government is also considering merging the categories for coin pushers and similar machines, introducing a single maximum stake of 30p and a top prize of £20, with no more than £12 of that being a cash prize.</p>
  145. <p>As part of its ongoing commitments, the consultation is also asking for views on a proposed ban that would stop anyone under 18 from using “cash-out” slot-style machines that pay money prizes. These machines “share similarities with higher stake, adult-only gaming machines,” and while the arcade industry introduced a voluntary ban in 2021, the government now proposes to make this restriction law.</p>
  146. <h2><span id="bingo_premises_licensing-2">Bingo premises licensing</span></h2>
  147. <p>The government is also seeking feedback on proposed changes to bingo venue licensing to make the difference between bingo halls and adult gaming centres clearer. According to DCMS, “many licensed bingo premises are largely taken up by gaming machines and are difficult to distinguish from adult gaming centres.”</p>
  148. <p>Under the new proposals, all licensed bingo venues would need to have a clearly defined “bingo area” that takes up a set portion of the total floor space. The consultation suggests three possible options including dedicating 30%, 40%, or 50% of the venue to bingo activities.</p>
  149. <p>To keep this area separate from other types of gaming, the government is proposing to ban cabinet or in-fill gaming machines from being placed in the bingo section. Any tablet gaming machines located there would also need to include bingo games. Officials said the measures would “ensure that all bingo premises offer a minimum level of facilities for bingo and [maintain] a clearer distinction between licensed bingo premises and adult gaming centres”.</p>
  150. <p>The department is looking for views from industry stakeholders, local authorities, and the public to help understand how the proposed changes might affect investment, jobs, and gambling-related harm. DCMS emphasised that “growth cannot be pursued at any cost” and that protecting children and vulnerable people “remains an important consideration”.</p>
  151. <p>Full details of the consultation and submission instructions are available on the <a href="https://www.gov.uk/government/consultations/consultation-on-category-d-gaming-machines-and-licensing-for-bingo-premises/annex-a-consultation-on-category-d-gaming-machines-and-licensing-for-bingo-premises" target="_blank" rel="noopener">UK government’s website</a> under “Consultation on Category D gaming machines and licensing for bingo premises.”</p>
  152. <p><em>Featured image: Canva</em></p>
  153. <p>The post <a href="https://readwrite.com/uk-government-gaming-machine-bingo-licensing-consultation/">UK&#8217;s DCMS opens consultation on gaming machine and bingo licensing reforms</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  154. ]]></content:encoded>
  158. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/UKs-DCMS-opens-consultation-on-gaming-machine-and-bingo-licensing-reforms-900x600.png" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  159. <item>
  160. <title>Debate around the California tribal &#8216;YES Pledge&#8217; continues</title>
  161. <link>https://readwrite.com/debate-around-the-california-tribal-yes-pledge-continues/</link>
  163. <dc:creator><![CDATA[Rachael Davies]]></dc:creator>
  164. <pubDate>Wed, 15 Oct 2025 15:25:29 +0000</pubDate>
  165. <category><![CDATA[Gambling]]></category>
  166. <category><![CDATA[California]]></category>
  167. <category><![CDATA[tribes]]></category>
  168. <guid isPermaLink="false">https://readwrite.com/?p=541879</guid>
  169.  
  170. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Commercial gambling. Debate around the California tribal &#039;YES Pledge&#039; continues" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  171. <p>California tribal leaders continue to debate the &#8216;YES Pledge&#8217; as it fails to gain widespread support. According to InGame, a&#8230; <a class="more-link" href="https://readwrite.com/debate-around-the-california-tribal-yes-pledge-continues/">Continue reading <span class="screen-reader-text">Debate around the California tribal &#8216;YES Pledge&#8217; continues</span></a></p>
  172. <p>The post <a href="https://readwrite.com/debate-around-the-california-tribal-yes-pledge-continues/">Debate around the California tribal &#8216;YES Pledge&#8217; continues</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  173. ]]></description>
  174. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Commercial gambling. Debate around the California tribal &#039;YES Pledge&#039; continues" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>California tribal leaders continue to debate the &#8216;YES Pledge&#8217; as it fails to gain widespread support.</p>
  175. <p>According to <a href="https://www.ingame.com/san-manuel-letter-rejects-commercial-wagering-model/" target="_blank" rel="noopener">InGame</a>, a letter from the Yuhaaviatam of San Manuel Nation was sent to various California tribal leaders at an unknown date, seeming to criticize the &#8216;YES Pledge&#8217; for expanding gambling under the authority of Sports Betting Alliance (SBA) Tribal Advisory Council members.</p>
  176. <p>The correspondence argues that “the future of tribal government gaming in California is at risk” and claims that the proposed commercial gambling expansion “will provide large profits for them, while undermining the fabric of Indian Gaming in California.”</p>
  177. <p>Opinions are split on the issue, as Jeff Grubbe, the current SBA tribal advisor and former Agua Caliente Band of Cahuilla Indians chair, responded to the letter publicly on LinkedIn at the end of September. He claimed that it relies on “opinions, assumptions, and speculative outcomes – not verifiable facts.”</p>
  178. <h2><span id="what_is_the_yes_pledge-2">What is the YES Pledge?</span></h2>
  179. <p>Dividing those in the community, the YES Pledge first began circulating in September. It aims to encourage tribes to “commit to working together to secure voter or legislative approval of a tribally governed framework for online sports betting.”</p>
  180. <p>However, it has failed to gain the support of the biggest tribal association in the state, the California Nations Indian Gaming Association (CNIGA), of which San Manuel is a member. Betting giants including Bet365, BetMGM, DraftKings, Fanatics Sportsbook, and FanDuel are all members of the SBA.</p>
  181. <p>This issue is one of many at stake for tribes in California, as the news came earlier this week that California tribes have been <a href="https://readwrite.com/california-tribes-blocked-suing-cardrooms-state-rights/" target="_blank" rel="noopener">blocked from suing cardrooms over exclusive gambling rights</a>. The YES Pledge is also part of the bigger picture around <a href="https://readwrite.com/california-tribes-launch-sports-betting-lawsuit-against-kalshi-and-robinhood/" target="_blank" rel="noopener">the competition for controlling sports betting across the state</a>, which some tribes argue also encroaches on their exclusivity, as determined by the Indian Gaming Regulatory Act (IGRA) and compacts.</p>
  182. <p><em><strong>Featured image: Unsplash</strong></em></p>
  183. <p>The post <a href="https://readwrite.com/debate-around-the-california-tribal-yes-pledge-continues/">Debate around the California tribal &#8216;YES Pledge&#8217; continues</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  184. ]]></content:encoded>
  188. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/Commercial-gambling-900x600.jpg" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  189. <item>
  190. <title>PrizePicks teams up with famous faces to promote The Feed</title>
  191. <link>https://readwrite.com/prizepicks-teams-sam-richardson-druski-up-promote-the-feed/</link>
  193. <dc:creator><![CDATA[Rachael Davies]]></dc:creator>
  194. <pubDate>Wed, 15 Oct 2025 14:25:53 +0000</pubDate>
  195. <category><![CDATA[Gambling]]></category>
  196. <category><![CDATA[prizepicks]]></category>
  197. <guid isPermaLink="false">https://readwrite.com/?p=541820</guid>
  198.  
  199. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="PrizePicks partners with Sam Richardson and Drew Druski Desbordes" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  200. <p>Fantasy sports app PrizePicks has teamed up with some famous faces for a new series promoting The Feed. PrizePicks is kicking&#8230; <a class="more-link" href="https://readwrite.com/prizepicks-teams-sam-richardson-druski-up-promote-the-feed/">Continue reading <span class="screen-reader-text">PrizePicks teams up with famous faces to promote The Feed</span></a></p>
  201. <p>The post <a href="https://readwrite.com/prizepicks-teams-sam-richardson-druski-up-promote-the-feed/">PrizePicks teams up with famous faces to promote The Feed</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  202. ]]></description>
  203. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="PrizePicks partners with Sam Richardson and Drew Druski Desbordes" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>Fantasy sports app PrizePicks has teamed up with some <a href="https://readwrite.com/prizepicks-druski-ex-football-legends-new-promotional-campaign/" target="_blank" rel="noopener">famous faces</a> for a new series promoting <a href="https://readwrite.com/prizepicks-launches-the-feed-fantasy-sports-app/">The Feed</a>.</p>
  204. <p>PrizePicks is kicking off basketball season with a series starring Hall of Famers Allen Iverson and Candace Parker, and comedic actors Sam Richardson and Drew &#8220;Druski&#8221; Desbordes. The blend of sporting and comedic talent is designed to promote The Feed and its new social features that allow players to see and interact with picks their friends and the community are making in real time.</p>
  205. <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  206. <p lang="en" dir="ltr">PrizePicks, the daily fantasy sports site, is launching a new slate of features for [&#8230;]
  207. <p>The post PrizePicks launches ‘The Feed’ to bolster fantasy sports app appeared first on ReadWrite.<a href="https://t.co/lxlrKa8BLV">https://t.co/lxlrKa8BLV</a></p>
  208. <p>&mdash; ReadWrite (@RWW) <a href="https://twitter.com/RWW/status/1978413081257480574?ref_src=twsrc%5Etfw">October 15, 2025</a></p></blockquote>
  209. <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
  210. <p>“We are thrilled to team up with basketball and cultural icons to showcase our new social features, making it simpler than ever to get in on the action with PrizePicks,” said Mike Quigley, Chief Marketing Officer at PrizePicks, in a <a href="https://www.prizepicks.com/press-news/prizepicks-pairs-basketball-legends-with-comedy-stars-in-social-driven-brand-campaign" target="_blank" rel="noopener">press release</a>. “These humorous spots show off that ‘It’s Good to be Right,’ even if that means leaning on the knowledge of your friends.”</p>
  211. <h2><span id="where_to_see_prizepicks_spots-2">Where to see PrizePicks&#8217; spots</span></h2>
  212. <p>Iverson and Richardson try out The PrizePicks Feed in the ad, with Richardson borrowing AI’s basketball expertise by copying his lineup with one click. The ad escalates as Richardson attempts to copy everything Iverson does, including his famous swagger.</p>
  213. <p>&#8220;I have always shared my game with the fans…the crossover, the swagger, the headband,” Iverson said. “This campaign lets me bring that same vibe. It’s about hoops, culture, and me having fun with the fans.”</p>
  214. <p>There&#8217;s another ad spot starring Parker and Druski, following the latter worrying about being late to get his PrizePicks lineup in. Parker comes to his aid by demonstrating the ability to copy the lineup using The Feed.</p>
  215. <p>“One thing I know about PrizePicks players is that they know ball and they love to win,” said Parker. “I know a thing or two about winning, and this campaign is all about teaming up and getting in on the action together.”</p>
  216. <p><em><strong>Featured image: PrizePicks</strong></em></p>
  217. <p>The post <a href="https://readwrite.com/prizepicks-teams-sam-richardson-druski-up-promote-the-feed/">PrizePicks teams up with famous faces to promote The Feed</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  218. ]]></content:encoded>
  222. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/PrizePicks-partners-with-Sam-Richardson-and-Drew-22Druski22-Desbordes-900x600.jpg" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  223. <item>
  224. <title>Man arrested under suspicion of Ponzi scheme linked to Rory Campbell&#8217;s betting syndicate</title>
  225. <link>https://readwrite.com/man-arrested-suspicion-ponzi-scheme-rory-campbells-betting-syndicate/</link>
  227. <dc:creator><![CDATA[Rachael Davies]]></dc:creator>
  228. <pubDate>Wed, 15 Oct 2025 13:11:44 +0000</pubDate>
  229. <category><![CDATA[Betting]]></category>
  230. <category><![CDATA[crime]]></category>
  231. <category><![CDATA[illegal gambling]]></category>
  232. <category><![CDATA[United Kingdom]]></category>
  233. <guid isPermaLink="false">https://readwrite.com/?p=541804</guid>
  234.  
  235. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Rory Campbell is under scrutiny following reports of a £5 million loss linked to a betting syndicate he founded." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  236. <p>A man has reportedly been arrested as part of the investigation into the betting syndicate started up by Alastair Campbell&#8217;s&#8230; <a class="more-link" href="https://readwrite.com/man-arrested-suspicion-ponzi-scheme-rory-campbells-betting-syndicate/">Continue reading <span class="screen-reader-text">Man arrested under suspicion of Ponzi scheme linked to Rory Campbell&#8217;s betting syndicate</span></a></p>
  237. <p>The post <a href="https://readwrite.com/man-arrested-suspicion-ponzi-scheme-rory-campbells-betting-syndicate/">Man arrested under suspicion of Ponzi scheme linked to Rory Campbell&#8217;s betting syndicate</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  238. ]]></description>
  239. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Rory Campbell is under scrutiny following reports of a £5 million loss linked to a betting syndicate he founded." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>A man has reportedly been arrested as part of the investigation into the betting syndicate started up by Alastair Campbell&#8217;s son.</p>
  240. <p>An investigation has been ongoing into the former Labour strategist and journalist&#8217;s son Rory Campbell&#8217;s betting syndicate. The venture saw around 50 backers left without funds in December of last year, including Alastair himself. Some of the amounts lost are thought to be as high as £500,000 ($668,000).</p>
  241. <p>Now, the police have arrested a man from North London, so far kept anonymous, has been arrested under suspicion of running a £5 million ($6.7 million) Ponzi-style pyramid scheme related to the betting venture. The police <a href="https://www.thesun.co.uk/news/37003974/alastair-campbell-son-betting-syndicate-arrest/" target="_blank" rel="noopener">confirmed to the Sun</a> that the charges include suspicion of fraud by false representation relating to a betting syndicate. He has been released on bail pending inquiries.</p>
  242. <h2><span id="uncovering_the_betting_syndicate-2">Uncovering the betting syndicate</span></h2>
  243. <p>The venture was started by 37-year-old Oxford graduate and football analyst Rory Campbell in 2017, offering a way to compete with bookies on football games across Europe, including on <a href="https://readwrite.com/premier-league-top-five-odds-who-will-win-the-race-for-the-champions-league/" target="_blank" rel="noopener">Premier League</a> and La Liga matches. Around 80 wagers a week were placed by traders using mathematical modelling.</p>
  244. <p>Early investors, including Campbell&#8217;s parents, were told they would get a percentage return on their investments by the summer, but to no avail. This sparked a group of investors to go to the police, bringing with them a package of documents including contracts, bank statements, spreadsheets, and emails stating that the fund was profitable.</p>
  245. <p>One investor reportedly died of cancer while waiting to be repaid, while another started a separate £266,000 county court action but is understood to have settled for a lot less than that.</p>
  246. <p>Gambling groups connected to criminal or fraudulent enterprises are no new thing, with an investigation from Mastercard pointing out that <a href="https://readwrite.com/illegal-gambling-websites-beseige-internet-as-mastercard-and-visa-still-process-payments/" target="_blank" rel="noopener">illegal gambling websites are more prevalent than ever</a>. Just today, the UK and the US combined forces to take down <a href="https://readwrite.com/uk-us-take-down-15b-international-illegal-gambling-crypto-scam-network/" target="_blank" rel="noopener">an international crypto scam linked to a gambling group</a>.</p>
  247. <p><em><strong>Featured image: YouTube</strong></em></p>
  248. <p>The post <a href="https://readwrite.com/man-arrested-suspicion-ponzi-scheme-rory-campbells-betting-syndicate/">Man arrested under suspicion of Ponzi scheme linked to Rory Campbell&#8217;s betting syndicate</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  249. ]]></content:encoded>
  253. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/Man-arrested-under-suspicion-of-Ponzi-scheme-linked-to-Rory-Campbells-betting-syndicate-900x600.png" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  254. <item>
  255. <title>Guardians pitcher Emmanuel Clase&#8217;s career is over after &#8216;irrefutable&#8217; gambling evidence &#8211; report</title>
  256. <link>https://readwrite.com/guardians-pitcher-emmanuel-clases-career-is-over-gambling-evidence/</link>
  258. <dc:creator><![CDATA[Rachael Davies]]></dc:creator>
  259. <pubDate>Wed, 15 Oct 2025 12:05:18 +0000</pubDate>
  260. <category><![CDATA[Gambling]]></category>
  261. <guid isPermaLink="false">https://readwrite.com/?p=541764</guid>
  262.  
  263. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Emmanuel Clase. Guardians pitcher Emmanuel Clase&#039;s career is over after &#039;irrefutable&#039; gambling evidence" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  264. <p>After an investigation found &#8216;irrefutable&#8217; evidence of gambling, it appears Guardians pitcher Emmanuel Clase&#8217;s career is over. MLB Insider Héctor&#8230; <a class="more-link" href="https://readwrite.com/guardians-pitcher-emmanuel-clases-career-is-over-gambling-evidence/">Continue reading <span class="screen-reader-text">Guardians pitcher Emmanuel Clase&#8217;s career is over after &#8216;irrefutable&#8217; gambling evidence &#8211; report</span></a></p>
  265. <p>The post <a href="https://readwrite.com/guardians-pitcher-emmanuel-clases-career-is-over-gambling-evidence/">Guardians pitcher Emmanuel Clase&#8217;s career is over after &#8216;irrefutable&#8217; gambling evidence &#8211; report</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  266. ]]></description>
  267. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Emmanuel Clase. Guardians pitcher Emmanuel Clase&#039;s career is over after &#039;irrefutable&#039; gambling evidence" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>After an investigation found &#8216;irrefutable&#8217; evidence of gambling, it appears Guardians pitcher Emmanuel Clase&#8217;s career is over.</p>
  268. <p>MLB Insider <a href="https://x.com/hgomez27/status/1977937291474526567" target="_blank" rel="noopener">Héctor Gómez has posted on X</a> that Guardians pitcher Emmanuel Clase will not play in Major League Baseball again, after the three-time All-Star closer was <a href="https://readwrite.com/guardians-closer-emmanuel-clase-paid-leave-mlb-betting-investigation/" target="_blank" rel="noopener">placed on non-disciplinary paid leave in July</a> amid a gambling investigation into unusual betting patterns. Now it seems the results of the investigation are drawing close, with evidence found against the pitcher.</p>
  269. <figure id="attachment_541855" aria-describedby="caption-attachment-541855" style="width: 896px" class="wp-caption alignnone"><img decoding="async" class="wp-image-541855 size-full" src="https://readwrite.com/wp-content/uploads/2025/10/Screenshot-2025-10-15-134432.png" alt="Screenshot of a tweet from Héctor Gómez (@hgomez27) stating, &quot;SOURCE: Emmanuel Clase will never pitch in MLB again. The gambling evidence found against him is irrefutable.&quot; The tweet tags @z101digital." width="896" height="260" srcset="https://readwrite.com/wp-content/uploads/2025/10/Screenshot-2025-10-15-134432.png 896w, https://readwrite.com/wp-content/uploads/2025/10/Screenshot-2025-10-15-134432-300x87.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Screenshot-2025-10-15-134432-260x75.png 260w" sizes="(max-width: 896px) 100vw, 896px" /><figcaption id="caption-attachment-541855" class="wp-caption-text">Héctor Gómez reports Emmanuel Clase faces a lifetime MLB ban over gambling allegations. Credit: X</figcaption></figure>
  270. <p>&#8220;Emmanuel Clase will never pitch in MLB again,&#8221; wrote Gómez. &#8220;The gambling evidence found against him is irrefutable.&#8221;</p>
  271. <p>There&#8217;s been no official update from MLB, ever since a notice that <a href="https://readwrite.com/guardians-duo-to-stay-on-leave-in-gambling-investigation-until-further-notice/" target="_blank" rel="noopener">the suspension would be ongoing until the investigation had run its course</a> early last month. ReadWrite has reached out to the organization for comment. However, if Gómez&#8217;s claims that evidence against Clase have been found, a permanent suspension from the majors could easily be on the cards.</p>
  272. <h2><span id="why_is_emmanuel_clase_facing_suspension-2">Why is Emmanuel Clase facing suspension?</span></h2>
  273. <p>MLB players are not allowed to bet on games, due to the conflict of interest and potential for fixing games or gaining insider knowledge that would allow for an unfair advantage.</p>
  274. <p>If it goes ahead, Clase&#8217;s suspension would be a sharp blow to the Guardians, after he led the team in terms of games finished and total saves for the last three seasons. In the season he was suspended this year, however, his pitching had not been up to his usual standard, with a 3.23 ERA and 24 saves across 48 games.</p>
  275. <p>Clase was put on leave alongside his teammate, whose investigation remains ongoing. With the rise of sports gambling in the US, <a href="https://readwrite.com/emmanuel-clase-gilbert-arenas-sports-gambling-betting-culture-athletes/" target="_blank" rel="noopener">more and more athletes are having their gambling connections exposed</a>. As online gambling becomes more prevalent, it seems that more professionals are tempted by the chance to play and win.</p>
  276. <p><em><strong>Featured image: <a class="vNdLpe btTgYb" href="https://commons.wikimedia.org/wiki/File:Emmanuel_Clase.jpg" target="_blank" rel="noopener" data-ved="0CBsQ7o4GahcKEwjAys_6gKaQAxUAAAAAHQAAAAAQBA">Wikimedia Commons</a>, licensed under <a href="https://creativecommons.org/licenses/by/2.0/" target="_blank" rel="noopener">CC BY 2.0</a></strong></em></p>
  277. <p>The post <a href="https://readwrite.com/guardians-pitcher-emmanuel-clases-career-is-over-gambling-evidence/">Guardians pitcher Emmanuel Clase&#8217;s career is over after &#8216;irrefutable&#8217; gambling evidence &#8211; report</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  278. ]]></content:encoded>
  282. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/Emmanuel-Clase-900x600.jpg" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  283. <item>
  284. <title>Underdog and St. Louis Blues team up for multiyear partnership</title>
  285. <link>https://readwrite.com/underdog-st-louis-blues-partnership/</link>
  287. <dc:creator><![CDATA[Suswati Basu]]></dc:creator>
  288. <pubDate>Wed, 15 Oct 2025 11:41:25 +0000</pubDate>
  289. <category><![CDATA[Gambling]]></category>
  290. <category><![CDATA[Missouri]]></category>
  291. <category><![CDATA[nhl]]></category>
  292. <category><![CDATA[underdog]]></category>
  293. <guid isPermaLink="false">https://readwrite.com/?p=541632</guid>
  294.  
  295. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Underdog and St. Louis Blues team up for multiyear partnership. Logos of the St. Louis Blues and Underdog side by side on a blue background, representing their new multiyear partnership." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  296. <p>Underdog, an online daily fantasy sports platform, has teamed up with the St. Louis Blues in a new multiyear marketing&#8230; <a class="more-link" href="https://readwrite.com/underdog-st-louis-blues-partnership/">Continue reading <span class="screen-reader-text">Underdog and St. Louis Blues team up for multiyear partnership</span></a></p>
  297. <p>The post <a href="https://readwrite.com/underdog-st-louis-blues-partnership/">Underdog and St. Louis Blues team up for multiyear partnership</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  298. ]]></description>
  299. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Underdog and St. Louis Blues team up for multiyear partnership. Logos of the St. Louis Blues and Underdog side by side on a blue background, representing their new multiyear partnership." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>Underdog, an online daily fantasy sports platform, has teamed up with the St. Louis Blues in a new multiyear marketing partnership designed to boost fan engagement at both home and away games. The deal also includes more marketing collaborations throughout the NHL season, similar to its partnership with the baseball team, the <a href="https://readwrite.com/underdog-and-kansas-city-royals-announce-partnership-for-sports-betting-market-access/">Kansas City Royals</a>.</p>
  300. <p>Underdog already holds fantasy sports licenses in several states and offers licensed sports betting in North Carolina. The company also has a sports betting license application under review by the Missouri Gaming Commission. Even though sports betting isn’t live in Missouri yet, Underdog says fans in the state can still download its app to play fantasy sports contests.</p>
  301. <p>The new partnership builds on previous efforts between Underdog and the Blues, such as sign-up promotions for daily fantasy games at Enterprise Center. It also gives Underdog permission to use the Blues’ branding in marketing materials and includes video, broadcast, and in-person activations throughout the season.</p>
  302. <h2><span id="underdog_and_st_louis_blues_partnership_an_obvious_choice-2">Underdog and St. Louis Blues partnership &#8216;an obvious choice&#8217;</span></h2>
  303. <p>“We’ve learned how rabid Blues fans are when it comes to leveling up their sports experience, making this partnership an obvious choice as we continue to introduce ourselves to the St. Louis market,” said Joshua Anderson, Director of Strategy at Underdog in a <a href="https://www.nhl.com/blues/news/underdog-blues-announce-multi-year-partnership" target="_blank" rel="noopener">press release</a>.</p>
  304. <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  305. <p lang="en" dir="ltr">The Blues and <a href="https://twitter.com/Underdog?ref_src=twsrc%5Etfw">@Underdog</a> have announced a multiyear marketing partnership, creating a customer-first experience for fans during both home and away games. <a href="https://t.co/umel4rgVsp">https://t.co/umel4rgVsp</a> <a href="https://twitter.com/hashtag/stlblues?src=hash&amp;ref_src=twsrc%5Etfw">#stlblues</a></p>
  306. <p>&mdash; St. Louis Blues (@StLouisBlues) <a href="https://twitter.com/StLouisBlues/status/1978117374864691498?ref_src=twsrc%5Etfw">October 14, 2025</a></p></blockquote>
  307. <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
  308. <p>“Being on the ground at Enterprise Center this season, we’re meeting fans on the cusp of a new era in the overall sports experience, and doing so in a way that’s authentic to the Blues and everything they represent.”</p>
  309. <p>Steve Chapman, the St. Louis Blues’ Chief Revenue and Marketing Officer, said Underdog really stood out as the team got ready for the upcoming launch of sports betting in Missouri. “Throughout our preparations for the upcoming launch of sports betting in Missouri, Underdog quickly rose to the forefront of our conversations because of the value they placed on being present for Blues fans at Enterprise Center,” Chapman said.</p>
  310. <p>“We are proud to welcome Underdog as our first partner in this new category with a multiyear commitment to engage our fans with a significant presence both in-arena and on our broadcasts.”</p>
  311. <p>The announcement follows <a href="https://readwrite.com/crypto-com-partners-underdog-sports-prediction-markets-16-states/">Underdog’s recent partnership with Crypto.com</a> to launch sports prediction markets in 16 states, mainly in areas where sports betting hasn’t been legalized yet. The move showcases the growing interest in prediction markets, as platforms like Kalshi continue to expand their sports offerings while drawing more <a href="https://readwrite.com/nba-cftc-regulate-sports-prediction-markets/">attention from the Commodity Futures Trading Commission</a>.</p>
  312. <p><em>Featured image: Underdog / St. Louis Blues</em></p>
  313. <p>The post <a href="https://readwrite.com/underdog-st-louis-blues-partnership/">Underdog and St. Louis Blues team up for multiyear partnership</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  314. ]]></content:encoded>
  318. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/Underdog-and-St.-Louis-Blues-team-up-for-multiyear-partnership-900x600.png" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  319. <item>
  320. <title>UK and US team up to dismantle $15B international crypto scam and illegal gambling network</title>
  321. <link>https://readwrite.com/uk-us-take-down-15b-international-illegal-gambling-crypto-scam-network/</link>
  323. <dc:creator><![CDATA[Rachael Davies]]></dc:creator>
  324. <pubDate>Wed, 15 Oct 2025 10:10:27 +0000</pubDate>
  325. <category><![CDATA[Gambling]]></category>
  326. <category><![CDATA[crime]]></category>
  327. <category><![CDATA[illegal gambling]]></category>
  328. <category><![CDATA[United Kingdom]]></category>
  329. <category><![CDATA[United States]]></category>
  330. <guid isPermaLink="false">https://readwrite.com/?p=541646</guid>
  331.  
  332. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Chen Zhi from Prince Holding Group. UK and US team up to dismantle $15B international crypto scam and illegal gambling network" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  333. <p>The UK and the US governments have joined forces to take down a Southeast Asian crypto scam network, indicting the&#8230; <a class="more-link" href="https://readwrite.com/uk-us-take-down-15b-international-illegal-gambling-crypto-scam-network/">Continue reading <span class="screen-reader-text">UK and US team up to dismantle $15B international crypto scam and illegal gambling network</span></a></p>
  334. <p>The post <a href="https://readwrite.com/uk-us-take-down-15b-international-illegal-gambling-crypto-scam-network/">UK and US team up to dismantle $15B international crypto scam and illegal gambling network</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  335. ]]></description>
  336. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Chen Zhi from Prince Holding Group. UK and US team up to dismantle $15B international crypto scam and illegal gambling network" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>The UK and the US governments have joined forces to take down a <a href="https://readwrite.com/vietnam-laos-police-bust-massive-transnational-online-gambling-syndicate/">Southeast Asian crypto scam network</a>, indicting the founder of Prince Holding Group.</p>
  337. <p>An international network that runs illegal crypto scam centres using trafficked workers has been sanctioned by the UK and US governments in the largest ever forfeiture action. This has also led to the indictment of UK and Cambodian national Chen Zhi, the founder and chairman of the Cambodian business Prince Holding Group, under charges of wire fraud conspiracy and money laundering conspiracy. He is currently still at large.</p>
  338. <p>Trafficked people were allegedly held against their will and forced to engage in a cryptocurrency investment fraud scheme, known as &#8216;pig butchering&#8217; scams, as well as in illegal online gambling operations linked to the same criminal network.</p>
  339. <p>It&#8217;s thought that billions of dollars have been stolen from victims around the world. American authorities have seized around 127,271 Bitcoin, currently worth approximately $15 billion, believed to be connected to the intertwined scam and gambling enterprises.</p>
  340. <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  341. <p lang="en" dir="ltr">Chairman of Prince Group Indicted for Operating Cambodian Forced Labor Scam Compounds Engaged in Cryptocurrency Fraud Schemes <a href="https://t.co/y2c7tiShgH">https://t.co/y2c7tiShgH</a> <a href="https://twitter.com/NewYorkFBI?ref_src=twsrc%5Etfw">@NewYorkFBI</a> <a href="https://t.co/8Nde99bQpu">pic.twitter.com/8Nde99bQpu</a></p>
  342. <p>&mdash; FBI (@FBI) <a href="https://twitter.com/FBI/status/1978143950478213164?ref_src=twsrc%5Etfw">October 14, 2025</a></p></blockquote>
  343. <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
  344. <p>“Today the FBI and partners executed one of the largest financial fraud takedowns in history,” <a href="https://www.justice.gov/opa/pr/chairman-prince-group-indicted-operating-cambodian-forced-labor-scam-compounds-engaged" target="_blank" rel="noopener">said FBI Director Kash Patel</a>.</p>
  345. <p>“This is an individual who allegedly operated a vast criminal network across multiple continents involving forced labor, money laundering, investment schemes, and stolen assets – targeting millions of innocent victims in the process. Justice will be done and I’m proud of the men and women of the FBI who executed the mission faithfully.”</p>
  346. <h2><span id="an_international_move_against_the_illegal_gambling_and_crypto_scam_network-2">An international move against the illegal gambling and crypto scam network</span></h2>
  347. <p>In the UK, authorities have seized and frozen Chen&#8217;s UK-based assets, including a £12 million mansion on Avenue Road in North London, a £100 million office building on Fenchurch Street in the City of London, and seventeen flats on New Oxford Street and in Nine Elms in South London.</p>
  348. <p>&#8220;The masterminds behind these horrific scam centres are ruining the lives of vulnerable people and buying up London homes to store their money,&#8221; <a href="https://www.gov.uk/government/news/uk-and-us-take-joint-action-to-disrupt-major-online-fraud-network" target="_blank" rel="noopener">said UK Foreign Secretary Yvette Cooper</a>. &#8220;Together with our US allies, we are taking decisive action to combat the growing transnational threat posed by this network – upholding human rights, protecting British nationals and keeping dirty money off our streets.&#8221;</p>
  349. <p>If convicted, Chen could face the maximum penalty of 40 years in prison. Scams are becoming increasingly smart in recent years, <a href="https://readwrite.com/ai-betting-scam-is-uncovered-with-ai-voice-technology-used-to-entice-victims/" target="_blank" rel="noopener">especially with the rise of AI</a>.</p>
  350. <p><em><strong>Featured image: Prince Holding Group</strong></em></p>
  351. <p>The post <a href="https://readwrite.com/uk-us-take-down-15b-international-illegal-gambling-crypto-scam-network/">UK and US team up to dismantle $15B international crypto scam and illegal gambling network</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  352. ]]></content:encoded>
  356. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/Chen-Zhi-from-Prince-Holding-Group-900x600.jpg" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  357. <item>
  358. <title>MGM Yonkers pulls out of New York casino bid race</title>
  359. <link>https://readwrite.com/mgm-yonkers-pulls-out-of-new-york-casino-bid-race/</link>
  361. <dc:creator><![CDATA[Rachael Davies]]></dc:creator>
  362. <pubDate>Wed, 15 Oct 2025 09:08:07 +0000</pubDate>
  363. <category><![CDATA[Casino]]></category>
  364. <category><![CDATA[MGM]]></category>
  365. <category><![CDATA[New York]]></category>
  366. <guid isPermaLink="false">https://readwrite.com/?p=541631</guid>
  367.  
  368. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan-300x200.jpeg" class="attachment-medium size-medium wp-post-image" alt="MGM Yonkers casino in New York mockup. MGM has pulled out of the New York casino race" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan-300x200.jpeg 300w, https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan-900x600.jpeg 900w, https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan-240x160.jpeg 240w, https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan.jpeg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  369. <p>As the competition heats up in the race to secure one of up to three New York casino licenses, MGM&#8230; <a class="more-link" href="https://readwrite.com/mgm-yonkers-pulls-out-of-new-york-casino-bid-race/">Continue reading <span class="screen-reader-text">MGM Yonkers pulls out of New York casino bid race</span></a></p>
  370. <p>The post <a href="https://readwrite.com/mgm-yonkers-pulls-out-of-new-york-casino-bid-race/">MGM Yonkers pulls out of New York casino bid race</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  371. ]]></description>
  372. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan-300x200.jpeg" class="attachment-medium size-medium wp-post-image" alt="MGM Yonkers casino in New York mockup. MGM has pulled out of the New York casino race" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan-300x200.jpeg 300w, https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan-900x600.jpeg 900w, https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan-240x160.jpeg 240w, https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan.jpeg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>As the competition heats up in the race to secure <a href="https://readwrite.com/everything-you-need-know-new-york-casinos-map-locations-bidders/" target="_blank" rel="noopener">one of up to three New York casino licenses</a>, MGM Resorts has unexpectedly pulled out of the running. The MGM Yonkers arm officially withdrew its commercial casino license application to the New York Gaming Commission and the Gaming Facility Location Board.</p>
  373. <p>&#8220;Today, MGM Resorts made the difficult decision to withdraw its application for a commercial casino license in Yonkers, New York,&#8221; reads <a href="https://investors.mgmresorts.com/investors/news-releases/press-release-details/2025/MGM-YONKERS-WITHDRAWS-COMMERCIAL-CASINO-LICENSE-APPLICATION-IN-NEW-YORK/default.aspx" target="_blank" rel="noopener">the statement from MGM Resorts</a>. &#8220;Since submitting our application in June, the competitive and economic assumptions underpinning our application have shifted, altering our return expectations on the proposed $2.3 billion investment.</p>
  374. <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  375. <p lang="en" dir="ltr">MGM dropping its Yonkers casino license application after years of planning and generating community support &#8211; and two months from the licensing decision &#8211; is one of the most shocking moves (in terms of unlikelihood) in the past decade of gaming industry developments</p>
  376. <p>&mdash; Ryan Butler (@ButlerBets) <a href="https://twitter.com/ButlerBets/status/1978249337223204959?ref_src=twsrc%5Etfw">October 14, 2025</a></p></blockquote>
  377. <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
  378. <p>&#8220;The newly defined competitive landscape – with four proposals clustered in a small geographic area – challenges the returns we initially anticipated from this project.</p>
  379. <p>&#8220;Also, our proposal to renovate and expand Empire City Casino was predicated on the receipt of a 30-year commercial casino license but based on newly issued guidance from the State of New York we now expect to qualify for only a 15-year license. Taken together, these events result in a proposition that no longer aligns with our commitment to capital stewardship, nor to that of our real estate partner in Yonkers, VICI.&#8221;</p>
  380. <p>The company went on to underline its continued presence in New York via the Empire City Casino, purchased back in 2019.</p>
  381. <p>&#8220;We know our decision will impact many individuals; we remain committed to operating the property in its current format and believe it will continue to enjoy success serving customers in Yonkers and the surrounding communities,&#8217; MGM Resorts wrote.</p>
  382. <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  383. <p lang="en" dir="ltr">My statement <a href="https://twitter.com/EmpireCCasino?ref_src=twsrc%5Etfw">@EmpireCCasino</a> <a href="https://twitter.com/GovKathyHochul?ref_src=twsrc%5Etfw">@GovKathyHochul</a> <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> <a href="https://t.co/PH22PMiile">pic.twitter.com/PH22PMiile</a></p>
  384. <p>&mdash; Mayor Mike Spano (@MayorMikeSpano) <a href="https://twitter.com/MayorMikeSpano/status/1978210444671098884?ref_src=twsrc%5Etfw">October 14, 2025</a></p></blockquote>
  385. <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
  386. <p>However, Yonkers Mayor Mike Spano wrote a scathing response, suggesting the move may have been for political reasons, as US President Donald Trump is reportedly set to receive $115 million if Bally&#8217;s obtains a license. He has subsequently called for an investigation by the state.</p>
  387. <h2><span id="whats_next_for_the_new_york_casino_bid_battle-2">What&#8217;s next for the New York casino bid battle?</span></h2>
  388. <p>As it stands after MGM&#8217;s withdrawal, <a href="https://readwrite.com/new-yorks-citi-field-casino-becomes-fourth-proposal-to-advance-to-the-next-stage/" target="_blank" rel="noopener">three bids remain for up to three slots</a>: Citi Field in Queens, Genting Group’s Resorts World New York City, and Bally’s Bronx casino. Just because there are up to three licenses available, doesn&#8217;t mean they will all be approved.</p>
  389. <p>The necessary licensing steps still need to take place, as well as paying a minimum of $500 million for the license itself.</p>
  390. <p><em><strong>Featured image: MGM Resorts</strong></em></p>
  391. <p>The post <a href="https://readwrite.com/mgm-yonkers-pulls-out-of-new-york-casino-bid-race/">MGM Yonkers pulls out of New York casino bid race</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  392. ]]></content:encoded>
  396. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/MGM-Yonkers-casino-plan-900x600.jpeg" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  397. <item>
  398. <title>BetMGM partners with BetBlocker in responsible gambling push</title>
  399. <link>https://readwrite.com/betmgm-partners-betblocker/</link>
  401. <dc:creator><![CDATA[Joel Loynds]]></dc:creator>
  402. <pubDate>Tue, 14 Oct 2025 15:17:30 +0000</pubDate>
  403. <category><![CDATA[Gambling]]></category>
  404. <category><![CDATA[BetMGM]]></category>
  405. <category><![CDATA[responsible gambling]]></category>
  406. <guid isPermaLink="false">https://readwrite.com/?p=541384</guid>
  407.  
  408. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push-300x200.png" class="attachment-medium size-medium wp-post-image" alt="BetMGM partners with BetBlocker to expand responsible gambling and player protection efforts. BetMGM logo displayed beside casino imagery including poker chips, playing cards, and a roulette wheel, representing online gambling and gaming." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  409. <p>As companies attempt to deepen their protections against gambling harm, BetMGM International has partnered with BetBlocker to increase its responsible&#8230; <a class="more-link" href="https://readwrite.com/betmgm-partners-betblocker/">Continue reading <span class="screen-reader-text">BetMGM partners with BetBlocker in responsible gambling push</span></a></p>
  410. <p>The post <a href="https://readwrite.com/betmgm-partners-betblocker/">BetMGM partners with BetBlocker in responsible gambling push</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  411. ]]></description>
  412. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push-300x200.png" class="attachment-medium size-medium wp-post-image" alt="BetMGM partners with BetBlocker to expand responsible gambling and player protection efforts. BetMGM logo displayed beside casino imagery including poker chips, playing cards, and a roulette wheel, representing online gambling and gaming." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>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&#8217;s website, where a page dedicated to tools to prevent gambling harm now has a section just for BetBlocker.</p>
  413. <p>BetBlocker is an app that allows users to set it to block gambling websites. It&#8217;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&#8217;s deactivated or the user finds a way around it.</p>
  414. <p>Stake, the crypto-backed gambling site, <a href="https://readwrite.com/stake-partners-with-betblocker-to-enhance-responsible-gambling-offering/">also partnered</a> with BetBlocker in 2024, and in August 2025, a Finnish company, Casino Guru, began work on localization for the app.</p>
  415. <h2><span id="betblocker_comments_on_new_partnership-2">BetBlocker comments on new partnership</span></h2>
  416. <p>Reported by <a href="https://www.gamblinginsider.com/news/31584/mgm-resorts-international-partners-with-betblocker" target="_blank" rel="noopener">Gambling Insider</a>, Pedro Romero, the Chief of Safer Gambling Partnerships for BetBlocker, said:</p>
  417. <p>&#8220;We are very excited to announce that MGM Resorts International has partnered with BetBlocker to strengthen player protection efforts.</p>
  418. <p>&#8220;This collaboration reflects a shared commitment to making safer gambling tools accessible, visible, and stigma-free, ensuring that help is always within reach.</p>
  419. <p>“Big thanks to the MGM team and especially to Garrett and Richard for their leadership and support in prioritising safer gambling and digital wellbeing.&#8221;</p>
  420. <h2><span id="betmgm_and_others_increase_safety-2">BetMGM and others increase safety</span></h2>
  421. <p>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 &#8220;social gaming&#8221;, like sweepstakes casinos, it&#8217;s never been more important to provide security for the customer.</p>
  422. <p>In September, BetMGM made other moves in the space, <a href="https://readwrite.com/mgm-resorts-betmgm-partner-expand-responsible-gaming/">partnering up with the American Gaming Association</a> (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 <a href="https://readwrite.com/betmgm-brings-responsible-gaming-talks-to-puerto-ricos-athletes/">responsible gambling in Puerto Rico</a>.</p>
  423. <p><em>Featured image: BetMGM</em></p>
  424. <p>The post <a href="https://readwrite.com/betmgm-partners-betblocker/">BetMGM partners with BetBlocker in responsible gambling push</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  425. ]]></content:encoded>
  429. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-partners-with-BetBlocker-in-responsible-gambling-push-900x600.png" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  430. <item>
  431. <title>Light &#038; Wonder gives update on November NASDAQ exit</title>
  432. <link>https://readwrite.com/light-wonder-update-november-nasdaq-exit/</link>
  434. <dc:creator><![CDATA[Joel Loynds]]></dc:creator>
  435. <pubDate>Tue, 14 Oct 2025 14:14:44 +0000</pubDate>
  436. <category><![CDATA[Gambling]]></category>
  437. <category><![CDATA[Light & Wonder]]></category>
  438. <category><![CDATA[Light and Wonder]]></category>
  439. <category><![CDATA[Nasdaq]]></category>
  440. <guid isPermaLink="false">https://readwrite.com/?p=541327</guid>
  441.  
  442. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Light &amp; Wonder plans to crush debt with $1 billion unsecured notes. Light &amp; Wonder logo on top of light blue gradient background." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  443. <p>Light &#38; Wonder, the casino equipment maker, has given an update on its exit from the NASDAQ and moving solely&#8230; <a class="more-link" href="https://readwrite.com/light-wonder-update-november-nasdaq-exit/">Continue reading <span class="screen-reader-text">Light &#38; Wonder gives update on November NASDAQ exit</span></a></p>
  444. <p>The post <a href="https://readwrite.com/light-wonder-update-november-nasdaq-exit/">Light &amp; Wonder gives update on November NASDAQ exit</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  445. ]]></description>
  446. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Light &amp; Wonder plans to crush debt with $1 billion unsecured notes. Light &amp; Wonder logo on top of light blue gradient background." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><div class="el-p">
  447. <p dir="auto">Light &amp; 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.</p>
  448. </div>
  449. <div class="el-p">
  450. <p dir="auto">The reasoning given behind the move from Light &amp; Wonder is that it allows them to have a &#8220;strategic focus&#8221; on bringing the business together in terms of &#8220;growth plans&#8221; and where the business is, described as &#8220;aligning our capital markets presence&#8221;.</p>
  451. </div>
  452. <div class="el-p">
  453. <p dir="auto">By shifting to Australia, Light &amp; Wonder claims that the market has a &#8220;deep and liquid market that has a robust understanding of the gaming sector.&#8221; It&#8217;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.</p>
  454. <h2 dir="auto"><span id="despite_nasdaq_exit_light_wonder_isnt_failing-2">Despite NASDAQ exit, Light &amp; Wonder isn&#8217;t failing</span></h2>
  455. </div>
  456. <div class="el-p">
  457. <p dir="auto">Light &amp; Wonder&#8217;s business isn&#8217;t on a downward turn, as it has reported <a href="https://readwrite.com/light-wonder-16-increase-net-income-q2/">positive revenue results</a> 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 <a href="https://readwrite.com/light-wonder-becomes-latest-to-be-granted-gaming-related-license-in-uae/">license for the UAE</a>.</p>
  458. </div>
  459. <div class="el-p">
  460. <p dir="auto">In the <a href="https://explore.lnw.com/newsroom/light-wonder-announces-update-on-nasdaq-delisting-timetable/" target="_blank" rel="noopener">press release</a>, Light &amp; 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 &#8220;over-the-counter&#8221; after the company exits.</p>
  461. </div>
  462. <div class="el-p">
  463. <p dir="auto">They also provide a timetable for how this will run:</p>
  464. </div>
  465. <div class="el-ul">
  466. <ul class="has-list-bullet">
  467. <li dir="auto" data-line="0"><strong>Form 25</strong> <strong>notice</strong> <strong>of delisting filing</strong> <strong>with the SEC:</strong> Monday, November 3, 2025 (EST)</li>
  468. <li dir="auto" data-line="1"><strong>Last day of trading on Nasdaq:</strong> Wednesday, November 12, 2025 (EST)</li>
  469. <li dir="auto" data-line="2"><strong>Suspension of trading on Nasdaq:</strong> after the close of trading on Wednesday, November 12, 2025 (EST)</li>
  470. <li dir="auto" data-line="3"><strong>Delisting effective:</strong> prior to open of trading on Nasdaq, Thursday, November 13, 2025 (EST)</li>
  471. <li dir="auto" data-line="4"><strong>Commencement of trading on ASX on a sole primary basis:</strong> 10:00am AEDT, Friday, November 14, 2025</li>
  472. </ul>
  473. <p><em>Featured image: Light &amp; Wonder</em></p>
  474. </div>
  475. <p>The post <a href="https://readwrite.com/light-wonder-update-november-nasdaq-exit/">Light &amp; Wonder gives update on November NASDAQ exit</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  476. ]]></content:encoded>
  480. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/09/Light-Wonder-plans-to-crush-debt-with-1-billion-unsecured-notes-900x600.png" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  481. <item>
  482. <title>Fanatics Sportsbook pays out $1.5M due to Egbuka injury</title>
  483. <link>https://readwrite.com/fanatics-sportsbook-pays-out-1-5m-egbuka-injury/</link>
  485. <dc:creator><![CDATA[Sophie Atkinson]]></dc:creator>
  486. <pubDate>Tue, 14 Oct 2025 13:16:40 +0000</pubDate>
  487. <category><![CDATA[Betting]]></category>
  488. <category><![CDATA[Fanatics]]></category>
  489. <category><![CDATA[football]]></category>
  490. <category><![CDATA[NFL]]></category>
  491. <guid isPermaLink="false">https://readwrite.com/?p=541282</guid>
  492.  
  493. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Receiver Emeka Egbuka on the field, close-up, wearing a red jersey with &#039;2&#039; written on the front in white." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  494. <p>A massive $1.5 million payout has taken place by Fanatics Sportsbook after rookie Emeka Egbuka exited a game on Sunday&#8230; <a class="more-link" href="https://readwrite.com/fanatics-sportsbook-pays-out-1-5m-egbuka-injury/">Continue reading <span class="screen-reader-text">Fanatics Sportsbook pays out $1.5M due to Egbuka injury</span></a></p>
  495. <p>The post <a href="https://readwrite.com/fanatics-sportsbook-pays-out-1-5m-egbuka-injury/">Fanatics Sportsbook pays out $1.5M due to Egbuka injury</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  496. ]]></description>
  497. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Receiver Emeka Egbuka on the field, close-up, wearing a red jersey with &#039;2&#039; written on the front in white." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>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.</p>
  498. <p>The sportsbook announced that the <a href="https://www.fanaticsinc.com/news/the-source-fanatics-sportsbook-expands-fair-play-protection-to-first-half-of-all-2025-pro-football-games" target="_blank" rel="noopener">Fair Play</a> had been initiated, with a social media post stating: “FAIR PLAY<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> activated. Honoring all player prop bets impacted by Emeka Egbuka&#8217;s 2nd Qtr injury.”</p>
  499. <p>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.</p>
  500. <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  501. <p lang="en" dir="ltr">Another day another FAIR PLAY<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> save <img src="https://s.w.org/images/core/emoji/16.0.1/72x72/1f91d.png" alt="🤝" class="wp-smiley" style="height: 1em; max-height: 1em;" /> this time on a 6-leg parlay that paid out 27K <img src="https://s.w.org/images/core/emoji/16.0.1/72x72/1f92f.png" alt="🤯" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <a href="https://t.co/Ox74d654HS">pic.twitter.com/Ox74d654HS</a></p>
  502. <p>&mdash; The Home of FAIR PLAY<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (@FanaticsBook) <a href="https://twitter.com/FanaticsBook/status/1977555277097672723?ref_src=twsrc%5Etfw">October 13, 2025</a></p></blockquote>
  503. <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
  504. <p>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.</p>
  505. <h2><span id="what_is_fanatics_sportsbooks_fair_play_program-2">What is Fanatics Sportsbook’s Fair Play program?</span></h2>
  506. <p>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.</p>
  507. <p>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, <a href="https://readwrite.com/fanatics-casino-app-launches-four-states-2m-fancash/">Fanatics Sportsbook</a> 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.</p>
  508. <p>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.</p>
  509. <p><b><i>Featured Image: Credit to Ruralexpat on Wikimedia Commons</i></b></p>
  510. <p>The post <a href="https://readwrite.com/fanatics-sportsbook-pays-out-1-5m-egbuka-injury/">Fanatics Sportsbook pays out $1.5M due to Egbuka injury</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  511. ]]></content:encoded>
  515. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/Emeka-Egbuka-900x600.png" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  516. <item>
  517. <title>BetMGM raises profit outlook as it plans $200M shareholder payout</title>
  518. <link>https://readwrite.com/betmgm-raises-profit-plans-200m-shareholder-payout/</link>
  520. <dc:creator><![CDATA[Suswati Basu]]></dc:creator>
  521. <pubDate>Tue, 14 Oct 2025 13:04:34 +0000</pubDate>
  522. <category><![CDATA[Gambling]]></category>
  523. <category><![CDATA[BetMGM]]></category>
  524. <category><![CDATA[earnings]]></category>
  525. <category><![CDATA[Revenue]]></category>
  526. <guid isPermaLink="false">https://readwrite.com/?p=541406</guid>
  527.  
  528. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout-300x200.png" class="attachment-medium size-medium wp-post-image" alt="BetMGM raises profit outlook as it plans $200M shareholder payout. BetMGM logo on top of generic image of coins." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  529. <p>BetMGM says it’s raising its full-year profit forecast and plans to give at least $200 million back to its joint&#8230; <a class="more-link" href="https://readwrite.com/betmgm-raises-profit-plans-200m-shareholder-payout/">Continue reading <span class="screen-reader-text">BetMGM raises profit outlook as it plans $200M shareholder payout</span></a></p>
  530. <p>The post <a href="https://readwrite.com/betmgm-raises-profit-plans-200m-shareholder-payout/">BetMGM raises profit outlook as it plans $200M shareholder payout</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  531. ]]></description>
  532. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout-300x200.png" class="attachment-medium size-medium wp-post-image" alt="BetMGM raises profit outlook as it plans $200M shareholder payout. BetMGM logo on top of generic image of coins." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>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 <a href="https://readwrite.com/mgm-resorts-reports-highest-ever-revenue-in-second-quarter-of-2025/">stronger-than-expected results</a> for the third quarter of 2025.</p>
  533. <p>The company, which operates sports betting and online gaming platforms across North America, said in a <a href="https://investors.mgmresorts.com/investors/news-releases/press-release-details/2025/BETMGM-Q3-2025-BUSINESS-UPDATE-AND-RAISED-FY25-GUIDANCE/default.aspx" target="_blank" rel="noopener">press release</a> that it brought in $667 million in net revenue for the quarter, a 23% increase from the same time last year.</p>
  534. <p>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.</p>
  535. <p>“BetMGM&#8217;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.”</p>
  536. <p>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.”</p>
  537. <h2><span id="betmgm_q3_2025_profit_rises_on_online_sports_gain-2">BetMGM Q3 2025 profit rises on online sports gain</span></h2>
  538. <p>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.</p>
  539. <p>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 <a href="https://readwrite.com/betmgm-reports-strong-q1-results/">positive results expected from online sports</a>, like that of its first quarter.</p>
  540. <p>The company plans to distribute extra cash to its parent companies each quarter while keeping at least $100 million in unrestricted cash on hand. <a href="https://readwrite.com/betmgm-2025-forecast-surging-first-half-revenue/">By the end of 2025</a>, BetMGM expects to have around $100 million in unrestricted cash after these distributions.</p>
  541. <p>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 <a href="https://readwrite.com/betmgm-new-look-jon-hamm-brand-ambassador/">Jon Hamm</a>. 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.</p>
  542. <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  543. <p lang="en" dir="ltr">Never miss a photo finish <img src="https://s.w.org/images/core/emoji/16.0.1/72x72/1f34e.png" alt="🍎" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/16.0.1/72x72/1f4f8.png" alt="📸" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Make every play legendary this football season <a href="https://t.co/jLDC4gwHC5">pic.twitter.com/jLDC4gwHC5</a></p>
  544. <p>&mdash; BetMGM <img src="https://s.w.org/images/core/emoji/16.0.1/72x72/1f981.png" alt="🦁" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (@BetMGM) <a href="https://twitter.com/BetMGM/status/1961413783793873357?ref_src=twsrc%5Etfw">August 29, 2025</a></p></blockquote>
  545. <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
  546. <p>Better player engagement and <a href="https://readwrite.com/betmgm-new-app-redesign/">app improvements</a>, 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.</p>
  547. <p>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.</p>
  548. <p>“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.”</p>
  549. <p><em>Featured image: BetMGM</em></p>
  550. <p>The post <a href="https://readwrite.com/betmgm-raises-profit-plans-200m-shareholder-payout/">BetMGM raises profit outlook as it plans $200M shareholder payout</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  551. ]]></content:encoded>
  555. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/BetMGM-raises-profit-outlook-as-it-plans-200M-shareholder-payout-900x600.png" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  556. <item>
  557. <title>Brazilian bill proposes to double gambling taxes to 24%</title>
  558. <link>https://readwrite.com/brazil-bill-proposes-double-gambling-taxes-24/</link>
  560. <dc:creator><![CDATA[Sophie Atkinson]]></dc:creator>
  561. <pubDate>Tue, 14 Oct 2025 12:32:06 +0000</pubDate>
  562. <category><![CDATA[Gambling]]></category>
  563. <category><![CDATA[Brazil]]></category>
  564. <category><![CDATA[gambling legislation]]></category>
  565. <guid isPermaLink="false">https://readwrite.com/?p=541267</guid>
  566.  
  567. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Black background with a vertical social media video in the middle, from Brazilian congressman Lindbergh Farias" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  568. <p>In Brazil, a new bill has been proposed which would see an increase in the tax on online gambling companies,&#8230; <a class="more-link" href="https://readwrite.com/brazil-bill-proposes-double-gambling-taxes-24/">Continue reading <span class="screen-reader-text">Brazilian bill proposes to double gambling taxes to 24%</span></a></p>
  569. <p>The post <a href="https://readwrite.com/brazil-bill-proposes-double-gambling-taxes-24/">Brazilian bill proposes to double gambling taxes to 24%</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  570. ]]></description>
  571. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Black background with a vertical social media video in the middle, from Brazilian congressman Lindbergh Farias" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>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.</p>
  572. <p>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.</p>
  573. <p>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.</p>
  574. <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  575. <p lang="pt" dir="ltr">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.<br />Eles defendem o tigrinho e os bilionários. Nós defendemos o povo.<br />ASSINE O ABAIXO-ASSINADO no site <a href="https://t.co/5p91aLRjx4">https://t.co/5p91aLRjx4</a> <a href="https://t.co/7EA2irWjNX">pic.twitter.com/7EA2irWjNX</a></p>
  576. <p>&mdash; Lindbergh Farias (@lindberghfarias) <a href="https://twitter.com/lindberghfarias/status/1977441684871897100?ref_src=twsrc%5Etfw">October 12, 2025</a></p></blockquote>
  577. <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
  578. <p>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%.”</p>
  579. <h2><span id="brazilsonline_gambling_tax_proposal_comes_same_year_the_market_sees_regulation-2">Brazil&#8217;s online gambling tax proposal comes same year the market sees regulation</span></h2>
  580. <p>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.</p>
  581. <p>The <a href="https://readwrite.com/brazil-responsible-gaming-body-takes-aim-at-proposed-betting-tax-hike/">online gambling market in Brazil</a> is one which is said to have been experiencing significant growth in recent times, with customers showing a growing interest. According to <a href="https://www.statista.com/outlook/amo/gambling/brazil?srsltid=AfmBOooFqRs3yxCcH4SX--_LmAiw-E82uWdIJC_gS01EhuO4Ai-ip2U6" target="_blank" rel="noopener">Statista</a>, the number of users in the gambling market is expected to grow to 11.1 million by 2030.</p>
  582. <p>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.’</p>
  583. <p>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.</p>
  584. <p>Earlier in the year, there were discussions around potentially increasing <a href="https://readwrite.com/brazilian-institute-responsible-gaming-opposes-raising-taxes-sports-betting/">taxes on sports betting.</a> At the time, the Brazilian Institute of Responsible Gaming (IBJR) argued against this as they stated that it would create an &#8216;unsustainable&#8217; scenario.</p>
  585. <p><b><i>Featured Image: Screenshot via X</i></b><a href="https://x.com/lindberghfarias/status/1977441684871897100?t=xEhmv22I82D78VZ7KNT7kg&amp;s=19"><b><i> post</i></b></a></p>
  586. <p>The post <a href="https://readwrite.com/brazil-bill-proposes-double-gambling-taxes-24/">Brazilian bill proposes to double gambling taxes to 24%</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  587. ]]></content:encoded>
  591. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/Black-background-with-a-vertical-social-media-video-in-the-middle-from-Brazilian-congressman-Lindbergh-Farias-900x600.png" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  592. <item>
  593. <title>Dutch regulator, Ksa, warns of growth in illegal online gambling market</title>
  594. <link>https://readwrite.com/dutch-regulator-ksa-warns-growth-illegal-online-gambling-market/</link>
  596. <dc:creator><![CDATA[Sophie Atkinson]]></dc:creator>
  597. <pubDate>Tue, 14 Oct 2025 11:29:36 +0000</pubDate>
  598. <category><![CDATA[Gambling]]></category>
  599. <category><![CDATA[illegal gambling]]></category>
  600. <category><![CDATA[Netherlands]]></category>
  601. <guid isPermaLink="false">https://readwrite.com/?p=541240</guid>
  602.  
  603. <description><![CDATA[<div><img width="300" height="188" src="https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw-300x188.webp" class="attachment-medium size-medium wp-post-image" alt="A photograph of the Netherlands flag prominently displayed in the foreground, with its distinctive horizontal stripes of red, white, and blue fabric rippling gently. The flag is positioned on a stand or held at an angle, creating depth and drawing the viewer&#039;s eye to its vibrant colors. Behind the flag, slightly out of focus, a casino gambling table is visible with green felt surface, poker chips scattered across it. Dutch Ksa warns of growth in illegal online gambling market" style="width:100%;height:62.5%;max-width:1280px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw-300x188.webp 300w, https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw-900x563.webp 900w, https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw-256x160.webp 256w, https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw.webp 1280w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  604. <p>The Dutch gambling regulator, Kansspelautoriteit (Ksa), has warned that the illegal online gambling market is continuing to grow. This comes&#8230; <a class="more-link" href="https://readwrite.com/dutch-regulator-ksa-warns-growth-illegal-online-gambling-market/">Continue reading <span class="screen-reader-text">Dutch regulator, Ksa, warns of growth in illegal online gambling market</span></a></p>
  605. <p>The post <a href="https://readwrite.com/dutch-regulator-ksa-warns-growth-illegal-online-gambling-market/">Dutch regulator, Ksa, warns of growth in illegal online gambling market</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  606. ]]></description>
  607. <content:encoded><![CDATA[<div><img width="300" height="188" src="https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw-300x188.webp" class="attachment-medium size-medium wp-post-image" alt="A photograph of the Netherlands flag prominently displayed in the foreground, with its distinctive horizontal stripes of red, white, and blue fabric rippling gently. The flag is positioned on a stand or held at an angle, creating depth and drawing the viewer&#039;s eye to its vibrant colors. Behind the flag, slightly out of focus, a casino gambling table is visible with green felt surface, poker chips scattered across it. Dutch Ksa warns of growth in illegal online gambling market" style="width:100%;height:62.5%;max-width:1280px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw-300x188.webp 300w, https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw-900x563.webp 900w, https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw-256x160.webp 256w, https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw.webp 1280w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>The Dutch gambling regulator, Kansspelautoriteit (Ksa), has warned that the illegal online gambling market is continuing to grow.</p>
  608. <p>This comes after the Ksa states the growth of the legal online gambling market appears to be stagnating. The number of players is reported to be increasing, but the gross game result of the legal market is lagging behind.</p>
  609. <p>In the first half of 2025, the gross game result was €600 million ($693 million) while this figure was 16% higher six months earlier, at €697 million ($806 million). The KSA suggests this is partly caused by the introduction of new rules to better protect players, with these including a deposit limit.</p>
  610. <p>Despite this, it’s believed that 94% of players gamble exclusively with legal operators. While this is a high figure, the regulatory board has said that players could be &#8220;moving to illegal supply due to the newly introduced rules for player protection.&#8221;</p>
  611. <p>The regulator explains that this is a worrying development, as players on the illegal market are less protected.</p>
  612. <h2><span id="ksa_report_how_many_people_are_gambling_in_the_netherlands-2">Ksa report: How many people are gambling in the Netherlands?</span></h2>
  613. <p>The <a href="https://readwrite.com/dutch-ksa-warns-online-casino-after-ads-appeared-on-homework-website/">gambling authority</a>, in its <a href="https://kansspelautoriteit.nl/nieuws/2025/oktober/monitoringsrapportage-najaar-2025/" target="_blank" rel="noopener">autumn report</a>, shared that the number of accounts played per month has increased. In the last half of 2024, this averaged 1.18 million accounts. In the first half of 2025, this number has risen to 1.29 million. On average, 7.1% of accounts are new.</p>
  614. <p>The <a href="https://readwrite.com/dutch-gambling-authority-ksa-removes-illegal-gambling-apps/">introduction of new rules</a> at the end of last year could be one of the reasons why there has been an increase. A player, however, can have multiple accounts so the number of accounts isn’t exclusively equal to the number of people gambling.</p>
  615. <p>Since the protective measures have been brought in, the average player&#8217;s monthly loss has &#8216;dropped substantially.&#8217; &#8220;Where the average loss per player at the end of 2024 was still €146 per month, that is €119 per month at the beginning of 2025,&#8221; the regulator said.</p>
  616. <p><b><i>Featured Image: AI-generated via Ideogram</i></b><b><i></i></b></p>
  617. <p>The post <a href="https://readwrite.com/dutch-regulator-ksa-warns-growth-illegal-online-gambling-market/">Dutch regulator, Ksa, warns of growth in illegal online gambling market</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  618. ]]></content:encoded>
  622. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/psjoQgfjS5ClwTYjcsjFDw-900x563.webp" width="750" height="469"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  623. <item>
  624. <title>Wolverhampton man jailed for using leaked data for gambling</title>
  625. <link>https://readwrite.com/wolverhampton-man-jailed-leaked-data-gambling/</link>
  627. <dc:creator><![CDATA[Joel Loynds]]></dc:creator>
  628. <pubDate>Tue, 14 Oct 2025 10:50:46 +0000</pubDate>
  629. <category><![CDATA[Betting]]></category>
  630. <category><![CDATA[crime]]></category>
  631. <category><![CDATA[illegal gambling]]></category>
  632. <category><![CDATA[United Kingdom]]></category>
  633. <guid isPermaLink="false">https://readwrite.com/?p=541260</guid>
  634.  
  635. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Wolverhampton man, Ludek Fiurasek, was jailed for using leaked data for gambling." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  636. <p>A man who accessed other people&#8217;s private data for use on gambling sites has been jailed in Wolverhampton, United Kingdom.&#8230; <a class="more-link" href="https://readwrite.com/wolverhampton-man-jailed-leaked-data-gambling/">Continue reading <span class="screen-reader-text">Wolverhampton man jailed for using leaked data for gambling</span></a></p>
  637. <p>The post <a href="https://readwrite.com/wolverhampton-man-jailed-leaked-data-gambling/">Wolverhampton man jailed for using leaked data for gambling</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  638. ]]></description>
  639. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Wolverhampton man, Ludek Fiurasek, was jailed for using leaked data for gambling." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot-300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot-900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot-240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>A man who accessed other people&#8217;s private data for use on gambling sites has been jailed in Wolverhampton, United Kingdom. Between 2018 and 2022, Ludek Fiurasek, 29, used leaked details from other <a href="https://readwrite.com/bragg-unable-to-say-who-hit-it-with-a-cyberattack/">cyberattacks</a> to sign up to casino websites and gamble. He&#8217;s also been found guilty of paying for car parts and a games console using this method.</p>
  640. <p>During the investigation, police discovered that Fiurasek had done this more than 800 times, with over 30 different lists of emails and passwords. On Monday, October 6, he was sentenced to three years and four months in prison, after the court case had kicked off in December of last year.</p>
  641. <p>In the <a href="https://readwrite.com/police-crackdown-birmingham-gambling-dens/">West Midlands Police</a> <a href="https://www.westmidlands.police.uk/news/west-midlands/news/news/2025/october/wolverhampton-man-jailed-following-major-cybercrime-investigation/" target="_blank" rel="noopener">press release</a>, they detail what he was found guilty of:</p>
  642. <ul>
  643. <li>Six counts of fraud by false representation</li>
  644. <li>One of possessing an article for use in fraud</li>
  645. <li>One of unauthorised computer access with the intent to commit other offences</li>
  646. </ul>
  647. <h2><span id="protect_yourself_from_leaks-2">Protect yourself from leaks</span></h2>
  648. <p>Cybercrimes like this are rampant in 2025. With so many different methods of accessing accounts now available, it&#8217;s always recommended that you use two-factor authentication. While some official and licensed gambling websites will throw up a red flag, as we&#8217;ve previously reported, a lot of gambling happens with offshore or unregulated websites.</p>
  649. <p>As such, protections just aren&#8217;t available in the same way, either due to a lack of care or just not being implemented due to the nature of the business.</p>
  650. <p>While it&#8217;s likely that Fiurasek acquired the details from various dumps that make their way online, if you want to check if accounts you own have appeared in leaks, you can use &#8220;<a href="https://haveibeenpwned.com/">Have I Been Pwned</a>&#8220;. It&#8217;s also recommended by the police in the press release. This will scan its repository of leaks and email breaches to see if your accounts have been affected in any capacity.</p>
  651. <p><em>Featured image: West Midlands Police</em></p>
  652. <p>The post <a href="https://readwrite.com/wolverhampton-man-jailed-leaked-data-gambling/">Wolverhampton man jailed for using leaked data for gambling</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  653. ]]></content:encoded>
  657. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/west-midlands-police-shot-900x600.jpg" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  658. <item>
  659. <title>Three plead guilty in court in illegal Sheriff Lopez gambling ring case</title>
  660. <link>https://readwrite.com/three-plead-guilty-illegal-sheriff-lopez-gambling-ring-case/</link>
  662. <dc:creator><![CDATA[Joel Loynds]]></dc:creator>
  663. <pubDate>Tue, 14 Oct 2025 09:47:57 +0000</pubDate>
  664. <category><![CDATA[Gambling]]></category>
  665. <category><![CDATA[crime]]></category>
  666. <category><![CDATA[Florida]]></category>
  667. <category><![CDATA[illegal gambling]]></category>
  668. <guid isPermaLink="false">https://readwrite.com/?p=541214</guid>
  669.  
  670. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case--300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Three plead guilty in court in illegal Sheriff Lopez gambling ring case. Sheldon Wetherholt and Sharon Fedrick both pleaded guilty and signed plea agreements in Lake County court." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case--300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case--900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case--240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case-.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  671. <p>The ongoing case relating to Osceola County Sheriff Marcos Lopez and the illegal gambling ring he was allegedly involved in&#8230; <a class="more-link" href="https://readwrite.com/three-plead-guilty-illegal-sheriff-lopez-gambling-ring-case/">Continue reading <span class="screen-reader-text">Three plead guilty in court in illegal Sheriff Lopez gambling ring case</span></a></p>
  672. <p>The post <a href="https://readwrite.com/three-plead-guilty-illegal-sheriff-lopez-gambling-ring-case/">Three plead guilty in court in illegal Sheriff Lopez gambling ring case</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  673. ]]></description>
  674. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case--300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Three plead guilty in court in illegal Sheriff Lopez gambling ring case. Sheldon Wetherholt and Sharon Fedrick both pleaded guilty and signed plea agreements in Lake County court." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case--300x200.jpg 300w, https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case--900x600.jpg 900w, https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case--240x160.jpg 240w, https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case-.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>The <a href="https://readwrite.com/suspended-osceola-sheriff-marcos-lopez-other-florida-illegal-casinos/">ongoing case</a> relating to <a href="https://readwrite.com/florida-sheriff-marcos-lopez-arrested-casino-raids-illegal-gambling/">Osceola County Sheriff Marcos Lopez</a> and the illegal gambling ring he was allegedly involved in has gotten two new guilty pleas. After weeks of court cases and <a href="https://readwrite.com/businesswoman-sheriff-marcos-lopez-casino-case-china/">investigation</a>, Sheldon Wetherholt and Sharon Fedrick both <a href="https://www.wesh.com/article/alleged-casino-manager-plea-deal-osceola-county-gambling-case/69015747" target="_blank" rel="noopener">pleaded guilty</a> and signed plea agreements in Lake County court.</p>
  675. <p>Fedrick pleaded guilty to paying bills related to the gambling ring, and Wetherholt was convicted for his crimes, facing 364 days in jail at a maximum under his plea deal. As with others in the ordeal, he has pleaded no contest to charges relating to racketeering and conspiring to commit racketeering.</p>
  676. <p>Wetherholt&#8217;s role within the gambling ring was to secure property leases and keep up with utility services for the casinos that were connected. The Eclipse, one of the casinos, is suspected to have been under Lopez&#8217;s protection.</p>
  677. <p>However, as he&#8217;s entered a plea deal, he won&#8217;t face the maximum 30-year sentence per charge. Instead, it&#8217;s likely he&#8217;ll spend a maximum of 12 months in county jail. Fedrick&#8217;s is a little stricter, with up to 60 months in prison for her crimes.</p>
  678. <h2><span id="third_member_of_lopez_gambling_ring_pleads_guilty-2">Third member of Lopez gambling ring pleads guilty</span></h2>
  679. <p>Another member of the operation, Carol Cote, was in court last week, where she also pleaded guilty. It&#8217;s been recommended to give her the three-to twelve-month sentencing that Wetherholt has been given. Cote could be a major player in Lopez&#8217;s presumed downfall in court, as part of the deal was a promise to testify.</p>
  680. <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  681. <p lang="en" dir="ltr">HAPPENING NOW: Another co-defendant of suspended Osceola Co. Sheriff Marcos Lopez has agreed to plead guilty to racketeering charges. Sheldon Wetherholt joins Carol Cote in pleading guilty.  More tonight at 4 <a href="https://twitter.com/news6wkmg?ref_src=twsrc%5Etfw">@news6wkmg</a> <a href="https://t.co/jlKgdcWhLS">pic.twitter.com/jlKgdcWhLS</a></p>
  682. <p>&mdash; Mike Valente (@ValenteReports) <a href="https://twitter.com/ValenteReports/status/1977800152359334304?ref_src=twsrc%5Etfw">October 13, 2025</a></p></blockquote>
  683. <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
  684. <p>It isn&#8217;t looking positive for the ex-cop, as not only are there now three guilty pleas, but a 255-page affidavit filled to the brim with records about the operation. This document contains further information from one of the central individuals from the criminal enterprise, Krishna Deokaran. Released last month to those involved, it also contains financial records, interviews, and messages.</p>
  685. <p>Lopez has so far pleaded not guilty when in court, and is next expected in November for his trial.</p>
  686. <p><em>Featured image: <a href="https://www.lcso.org/inmate-search/" target="_blank" rel="noopener">Lake County Sheriff’s Office</a></em></p>
  687. <p>The post <a href="https://readwrite.com/three-plead-guilty-illegal-sheriff-lopez-gambling-ring-case/">Three plead guilty in court in illegal Sheriff Lopez gambling ring case</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  688. ]]></content:encoded>
  692. <media:content xmlns:media="http://search.yahoo.com/mrss/" medium="image" type="image/jpeg" url="https://readwrite.com/wp-content/uploads/2025/10/lopez-court-case--900x600.jpg" width="750" height="500"><media:credit role="photographer" scheme="urn:ebu">Pexels</media:credit></media:content> </item>
  693. <item>
  694. <title>Ho-Chunk Nation announces $610M financing secured for Beloit casino resort</title>
  695. <link>https://readwrite.com/ho-chunk-nation-announces-610m-financing-beloit-casino-resort/</link>
  697. <dc:creator><![CDATA[Sophie Atkinson]]></dc:creator>
  698. <pubDate>Tue, 14 Oct 2025 09:16:19 +0000</pubDate>
  699. <category><![CDATA[Casino]]></category>
  700. <category><![CDATA[tribes]]></category>
  701. <category><![CDATA[Wisconsin]]></category>
  702. <guid isPermaLink="false">https://readwrite.com/?p=541186</guid>
  703.  
  704. <description><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Rendering image of a casino-style building outside, with trees in front. Ho-Chunk Nation announces $610M financing secured for Beloit casino resort" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
  705. <p>A Wisconsin-based tribe has just closed a new financing transaction, with $610 million secured which will be used to finance&#8230; <a class="more-link" href="https://readwrite.com/ho-chunk-nation-announces-610m-financing-beloit-casino-resort/">Continue reading <span class="screen-reader-text">Ho-Chunk Nation announces $610M financing secured for Beloit casino resort</span></a></p>
  706. <p>The post <a href="https://readwrite.com/ho-chunk-nation-announces-610m-financing-beloit-casino-resort/">Ho-Chunk Nation announces $610M financing secured for Beloit casino resort</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  707. ]]></description>
  708. <content:encoded><![CDATA[<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Rendering image of a casino-style building outside, with trees in front. Ho-Chunk Nation announces $610M financing secured for Beloit casino resort" style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" srcset="https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort-300x200.png 300w, https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort-900x600.png 900w, https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort-240x160.png 240w, https://readwrite.com/wp-content/uploads/2025/10/Ho-Chunk-Nation-announces-610M-financing-secured-for-Beloit-casino-resort.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div><p>A Wisconsin-based tribe has just closed a new financing transaction, with $610 million secured which will be used to finance the construction of a flagship casino resort in Beloit.</p>
  709. <p>The <a href="https://readwrite.com/ho-chunk-nation-tribal-lawsuits-kalshi-sports-betting-contracts/">Ho-Chunk Nation</a> (HCN) is a federally recognized sovereign Tribal nation which has 7,766 enrolled members. Its headquarters are in Black River Falls, Wisconsin, and the Nation already owns and operates six gaming facilities under its brand. The current locations are in Black River Falls, Wisconsin Dells, Wittenberg, Tomah, and Nekoosa.</p>
  710. <p>Now, it has been announced that KeyBanc Capital Markets Inc successfully closed a new financing transaction for Ho-Chunk Nation of Wisconsin to the tune of $610 million. The major figure consists of a $305 million Revolving Credit Facility and a $305 million Delayed Draw Term Loan.</p>
  711. <p>It’s in combination with $95 million of equity that the credit facilities will be used in the construction of the soon-to-be flagship resort in the city which is located along the Rock River.</p>
  712. <h2><span id="what_will_the_all-new_beloit_casino_resort_be_like-2">What will the all-new Beloit casino resort be like?</span></h2>
  713. <p>The casino, by the HCN, will aim to be a destination-style resort, with over 1,500 slot machines and 40 table games. It will be situated in the east of the city, between Willowbrook Road I-90.</p>
  714. <p><iframe title="Beloit&#039;s Ho-Chunk casino wins final approval" width="750" height="422" src="https://www.youtube.com/embed/Hrv5ongWyPM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
  715. <p>There will also be a 312-room hotel with a rooftop lounge, numerous food and beverage outlets, along with a 2,000-seat convention center and a parking garage.</p>
  716. <p>The construction has already begun, with this having first taken place in October 2024. It’s expected that the casino will open in September 2026, followed by the hotel and convention center in September 2027.</p>
  717. <p>Once complete, the venue will be another under the Ho-Chunk Nation brand with the initial proposal having been approved by the <a href="https://readwrite.com/california-tribes-blocked-suing-cardrooms-state-rights/">U.S. Bureau of Indian Affairs</a> back in 2022. The original idea also included a water park, but this doesn&#8217;t appear to be in the current plans.</p>
  718. <p>Currently, one of the largest casinos by HCN is the one in Wisconsin Dells which is reported to be <a href="https://www.gamingdirectory.com/showproperty.cfm?PropertyIdList=14700&amp;PlaceID=304&amp;NoTempValues=1&amp;Type=cor&amp;PGID=4" target="_blank" rel="noopener">94,480 in square footage</a>, with 1,541 gaming machines and 36 table games. The property also has six restaurants, an entertainment venue, and 302 hotel rooms.</p>
  719. <p><b><i>Featured Image:<span class="Apple-converted-space"> Credit to <a href="https://www.facebook.com/CityofBeloit/posts/pfbid02NFD72pvbS19gcqWMoVjuC73k1RanYrmTWkT2675sihKEeXqGwbonMuLgDrpiqNJKl">City of Beloit, Wisconsin &#8211; Government on Facebook</a></span></i></b><b><i></i></b></p>
  720. <p>The post <a href="https://readwrite.com/ho-chunk-nation-announces-610m-financing-beloit-casino-resort/">Ho-Chunk Nation announces $610M financing secured for Beloit casino resort</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>
  721. ]]></content:encoded>
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