The UK gambling industry has experienced a substantial surge in revenue over the past year. UK gambling firms generated an extra £1 billion from players, largely driven by online casinos. The UKGC revealed that total revenues from betting and gambling services, excluding lotteries, reached £12.6 billion in the 12 months leading up to March, a 9.3% increase from the previous year. Online casino games contributed significantly to this growth, with gross gambling yield rising by almost 15% to £5 billion, representing a 55% increase since the start of the COVID‑19 pandemic in 2020. While this boom demonstrates the popularity of online gambling, it has also sparked…
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In the “practice management for financial planners” class I teach at Texas A&M University, I recently asked how many students were thinking of starting an independent advisory firm after graduation. Processing Content Didine Erskine, founder, The Erskine Group Not a single hand went up. When questioned, each of the CFP-exam-ready students said they’d rather work under someone else before going out on their own. READ MORE: Independence? It dependsI could relate. I spent 15 years working for big broker-dealers before becoming a certified financial planner and launching my own RIA in June. Seven months in, I’ve realized that many of the fears that…
The board of Warner Bros Discovery recommended that shareholders reject the Paramount Skydance hostile takeover bid. The post Battle for Warner Bros Rages on Between Netflix and Paramount appeared first on ValueWalk.
The slow integration of generative AI in financial services is largely driven by a fundamental tension between innovation and risk management. Despite the pressure to compete, executives remain wary of hallucinations that could jeopardize both assets and reputations.
Mortgage rates moved lower today, as markets parsed the implications of government employment data released yesterday.The average interest rate on a 30-year, fixed-rate mortgage ticked down to 6.13% APR, according to rates provided to NerdWallet by Zillow. This is four basis points lower than yesterday and two basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point.Yesterday, the Bureau of Labor Statistics released the latest Employment Situation Summary, better known as the jobs report. The November numbers came in a little high, with the 64,000 jobs…
Many rookies would invest in real estate if only they had the money. Well, we’re about to share a simple, scalable side hustle that could help you save money and buy your first rental property much faster. Today’s guest has built up this type of small business multiple times over the last six years, and in this episode, he’ll show YOU how to do the same!Welcome back to the Real Estate Rookie podcast! Cody Berman had dabbled in countless side hustles and small businesses—some profitable, others not so much—but when he discovered that digital products could generate real passive income,…
#block-98b58b0f h2 { width: 401px; } What It’s About A London photographer turns unused camera gear into repeat rental income. Notes from Chris Episode 3273 In today’s story… ..a London receptionist who’s also a part-time photographer starts renting out his camera gear on the weekends and ends up renting it more than 1,100 times!Listen to today’s episode to learn more… SEE ALSO: Catholic Designer Creates Stylish Apparel Line: What shall it profit a man to gain the whole world but not sell any t-shirts? This designer cast his bread upon the waters and ended up with a profitable…
There was a time when Mark Felton put together a financial plan the old-fashioned way: With spreadsheets.The 59-year-old from Stilwell, Kansas, had always been reluctant to pay an ongoing portfolio-management fee to an adviser, so he wanted to try financial planning on his own. Because he had no formal training in that area — he works in the legal department for a cell-phone carrier — that was a pretty big hill to climb. He found the spreadsheet method cumbersome, and he figured there might be some gaping holes in his knowledge. So last year, he started toying around with do-it-yourself…
As 2025 winds down, advisors are looking toward what next year might bring for investment strategies.One story will remain inescapable in the new year: AI. Sky-high market caps and billions being traded back and forth between companies with limited results to show for it have raised fears of overconcentration and a bubble bursting. With ongoing investment at the local and state level — including data centers and AI tech hubs — adoption and use will continue to increase, said Derrick Alexander, owner and lead financial advisor at Greater Works Wealth in Tulsa, Oklahoma.”I don’t think we’ll see a bubble burst…
How low could Bitcoin go in the next bear market? Bitcoin’s parabolic advance has broken, and veteran trader Peter Brandt says prices could slide as low as about $25,240, roughly an 80% drop from recent highs. Brandt’s analysis centers on Bitcoin’s breach of a parabolic support curve that has defined… Continue reading Veteran Trader Peter Brandt Warns Bitcoin Could Slump to $25,000 The post Veteran Trader Peter Brandt Warns Bitcoin Could Slump to $25,000 appeared first on ValueWalk.