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A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holding, is the second-biggest shareholder in XAI Holdings (Devon Pendleton/Bloomberg)

Devon Pendleton / Bloomberg : A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holdin...

15 January 2025

Brazilian nonprofit Legal Games Institute estimates betting apps draw over $23B in wagers annually, nearly 10 times the Mafia-run animal lottery in the country (New York Times)

New York Times:
Brazilian nonprofit Legal Games Institute estimates betting apps draw over $23B in wagers annually, nearly 10 times the Mafia-run animal lottery in the country  —  Digital gambling could spell the end for a lottery run by criminal gangs that has been a fixture of Brazilian life for decades.

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