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New Jersey law enforcement busts multimillion-dollar, family-run sports betting ring

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UK gambling tax hike risks cutting revenue and driving bettors to illegal markets, report warns
A report by PwC for the Betting and Gaming Council (BGC) shows that increased UK gambling tax and regulation would both reduce tax revenue and encourage illegal offshore betting. Hot on the heels of t...

Ethereum Whales Snap Up $1.6 Billion ETH As Selling Declines
Ethereum is attempting to stabilize after an extended decline that raised concerns about its ability to stage a recovery. ETH has struggled to generate upward momentum for most of the month. Howe...

Ontario ruling lets regulated gambling platforms serve international players
Regulated online gambling providers in Ontario will be able to offer services to those outside of Canada, setting a new legal precedent. The Ontario Court of Appeal ruled on November 12 that regulated...

Alembic melted GPUs chasing causal A.I. — now it's running one of the fastest supercomputers in the world
Alembic Technologies has raised $145 million in Series B and growth funding at a valuation 13 times higher than its previous round, betting that the next competitive advantage in artificial intelligen...

Amex Sees Healthcare’s Payment Pain as Its Next Frontier
For much of its history, healthcare has presented a unique contrast in digital progress. While the sector leads in medical technology, healthcare billing and payments have frequently been slower to mo...

Japan Cracks Down on Crypto Treasury Stocks — Is the DAT Boom About to Collapse?
Japan Exchange Group (JPX) is considering stricter regulations for DAT companies amid sharp stock declines, including Metaplanet’s 75% plunge from June highs, despite early-year gains of 420%, highl...

Tariff Anxiety and 6% Revenue Loss Define CFO Risk Premium
For corporate finance chiefs, the most expensive line item on this year’s balance sheets may not be tariffs or wages, but uncertainty itself. The latest PYMNTS Intelligence Data Book, P...

Flex Credentials Propel High-CLTV Issuer Innovations
Even the most successful card issuers cannot rest on their laurels. Sustained excellence demands continuous innovation and an expanding array of offerings to keep end users engaged and loya...

Big Short Investor Exits Wall Street Again —Is Crypto the Only Trade Left Standing?
Michael Burry, the investor immortalized in The Big Short, has officially liquidated Scion Asset Management, his American hedge fund headquartered in California. The move ends a six-year run, reviving...

Anthropic commits $50B to its new data center plan
Anthropic announced a $50 billion data center partnership with U.K.-based Fluidstack on Wednesday, committing funds to build facilities across the U.S. to address compute requirements. The new data ce...