Day: 10 November 2025

Key Moments: Light & Wonder plans to shift its US$1.5 billion share buyback program from NASDAQ to the ASX amid a move to sole listing. As of the NASDAQ close on November 5, approximately US$705 million remained available for repurchase. The company will solely list on the ASX after November 13, 2025, with delisting from NASDAQ occurring on November 12, 2025. Transition to Sole ASX Listing Light & Wonder is set to transfer its US$1.5 billion share repurchase plan from the NASDAQ Stock Market to the Australian Securities Exchange (ASX),…

Key Moments: Senator Angelo Coronel opposed a plan to double the tax on licensed betting operators from 12% to 24% during a Senate committee session on November 4. 81 licensed operators have collectively paid BRL 30 million (USD 5.57 million) in concession fees and face a total tax burden surpassing 50%. Ongoing disagreements among senators reflect a deeper split between promoting regulated market growth and raising tax revenues from the betting sector. Ongoing Dispute Over Betting Market Taxes The discussion surrounding taxation in Brazil’s regulated betting sector intensified as Senator…

Key Moments: Two Cleveland Guardians pitchers have been indicted for manipulating in-game pitching in exchange for payoffs from gamblers. Emmanuel Clase and Luis Ortiz are accused of rigging pitch outcomes, resulting in gambler winnings of $460,000 on prop bets. Both players could face up to 20 years in prison on several counts if convicted. Federal Indictment Details Alleged Betting Scheme Federal indictments unsealed in Brooklyn have charged Emmanuel Clase and Luis Ortiz, both pitchers for the Cleveland Guardians, with several serious offenses tied to a betting scheme. Prosecutors allege the…