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AI models are terrible at betting on soccer—especially xAI Grok

AI models from Google, OpenAI, and Anthropic lost money betting on soccer matches over a Premier League season, in a new study suggesting even the most advanced systems struggle to analyze the real world over long periods. The “KellyBench” report released this week by AI start-up General Reasoning highlights the gap between AI’s rapidly advancing […]

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Private jets, deserted shores and an unbuilt resort: alleged links to sanctioned ‘scam’ empire revealed in Timor-Leste

Exclusive: Investigation finds alleged Prince Group associates were involved in unusual development in tiny nation on Australia’s doorstep, raising concerns about global spread of online fraud industryFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGuests were enticed with the promise of luxury villas overlooking aquamarine

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Revealed: the vast illegal casino network targeting UK gamblers

Calls for tougher laws as network stretching from Caribbean to Georgia generates riches for offshore tycoons by appearing to prey on the vulnerableImmaculately groomed and beaming from ear to ear, Andres Markou looks every inch the golden boy of the gambling sector. The youthful boss of MyStake, a fast-growing digital casino, has been pictured shaking

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AI chatbots point vulnerable social media users to illegal online casinos, analysis shows

Tech firms condemned for lack of controls with Meta AI and Gemini even offering advice on how to bypass UK gambling and addiction checksAI chatbots are recommending illegal online casinos to vulnerable social media users, putting them at increased risk of fraud, addiction and even suicide.Analysis of five AI products, owned by some of the

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Concerns ‘AI slop’ used by Sydney University-based institute to lobby for $20m gambling education funding

‘Evidence review’ sent by OurFutures Institute to David Pocock and other politicians references studies which do not exist or make opposing findingsGet our breaking news email, free app or daily news podcastIndependent senator David Pocock says he is “deeply concerned” a report sent to politicians by a University of Sydney-based institute to support a $20m

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