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About Cut The Grass
The DIA worked directly with class 4 gambling operators (commonly known as pokies trusts), and discovered ‘widespread issues’ such as cases where money that should have been available for community grants was instead spent on society expenses, such as the purchase of additional gaming machines.
Vicki Scott, the DIA’s director of gambling, said the investigation had delivered significant results, while stressing that work to improve compliance and ensure communities received their share of gambling proceeds would continue.
“Most operators have worked constructively with us to address historical issues and improve their practices,” Scott said.
About Cut The Grass
The company experienced rapid expansion prior to its collapse, with its loan book reaching approximately £2.4 billion ($3.2 billion) by the end of 2024. Its creditors included major international financial institutions and private equity firms.
In March, courts in London and Dubai imposed a worldwide freezing order on Raja’s assets up to £1.3 billion.
The order requires Raja to disclose assets worth more than £10,000 ($13,000) and limits his personal spending to no more than £5,000 ($6,700) per week without explicit consent from MFS administrators.
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Swedish software company Cubeia’s journey towards AI-assisted development has entered its third phase as the company has moved from allowing developers to adopt AI as they see fit, to building a structured AI-driven development process.
It now faces a broader question: how should the organisation work when coding is no longer the main constraint?
“We’re doing this 100%,” COO Stefan Grenstad says of Cubeia’s AI-driven development process.