TrainwrecksTV Claims He Could Have Made $2 Billion From Affiliates but Chose Not To iGame

TrainwrecksTV Claims He Could Have Made $2 Billion From Affiliates but Chose Not To

(AsiaGameHub) - A review of TrainwrecksTV’s reported net worth reveals figures that may cause confusion. One report indicates a streaming deal valued at $360 million, spanning a period of 16 months. In a separate claim, the streamer asserts he is owed between $3 billion and $5 billion by a major international gambling company, a figure that is, to say the least, highly unlikely. Now, TrainwrecksTV has shared a new perspective on his financial decisions, stating that he could have generated up to $2 billion by incorporating affiliate codes into his streams but ultimately chose not to. Trainwreckstv returns after a 3-month hiatus and immediately goes on a rant about gambling streamers pushing affiliate codes pic.twitter.com/YkhWGi3Hei— ClipX (@ClipXClipX) March 24, 2026 Trainwrecks previously broadcast on Twitch, but was compelled to transition to Kick following Twitch's platform-wide gambling ban in 2022. Kick is widely recognized as being supported by the proprietors of Stake.com, and the platform has emerged as a significant global streaming entity, offering an alternative to Twitch. Trainwrecks elaborated that by refraining from using affiliate codes, he estimates he forfeited the opportunity to earn $2 billion. The streamer attributes this decision, in part, to ethical considerations regarding the use of affiliate codes, though observers note that he is reportedly compensated by at least one casino with which he collaborates. Recently, there appears to have been a rift between TrainwrecksTV and Stake, with the streamer hinting at a "streamers’ revolution." TrainwrecksTV seemed to express dissatisfaction with the platform, claiming he “played a role in its creation” and was now allegedly not receiving adequate compensation for his contributions. Furthermore, over the years, TrainwrecksTV has been documented as claiming involvement in the platform's establishment, at times suggesting co-ownership, although the company's official Wikipedia entry lists him as a "backer." This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Sino Biopharm (1177.HK) Announces 2025 Annual Results ACN Newswire

Sino Biopharm (1177.HK) Announces 2025 Annual Results

Development Highlights- During the Year, the Group had 4 innovative products approved for marketing by the NMPA, namely, Saitanxin(R) (Culmerciclib Capsules), Hernexeos(R) (Zongertinib Tablets), Putanning(R) (Meloxicam Injection (II)) and Anqixin(R) (Recombinant Human Coagulation Factor VIIa N01 for Injection).- In 2025, the Group’s sales of innovative products reached RMB 15.22 billion, representing a year-on-year increase of 26.2%. In addition, the Group has established multiple R&D centers in Shanghai, Nanjing, Beijing, Guangzhou, and other cities, and has successfully built diversified innovative technology platforms covering small molecules, protein degraders, siRNA, monoclonal/bispecific antibodies, antibody-drug conjugates (ADC), inhalable formulations, transdermal patches and other fields.- As at 31 December 2025, the Group had a total of 39 innovative oncology drug candidates, 10 innovative liver/cardiometabolic drug candidates, 14 innovative respiratory/autoimmune drug candidates, and 6 innovative surgery/analgesia drug candidates in the process of clinical trial application or above. Of these, 1 innovative oncology drug candidate and 2 innovative surgery/analgesia drug candidates are in the marketing application stage; and 13 innovative oncology drug candidates, 1 innovative liver/cardiometabolic drug candidate, 5 innovative respiratory/autoimmune drug candidates, and 1 innovative surgery/analgesia drug candidate are in Phase III clinical trials. Also, 9 innovative oncology drug candidates, 6 liver/cardiometabolic drug candidates, 5 innovative respiratory/autoimmune drug candidates, and 2 innovative surgery/analgesia drug candidates are in Phase II clinical trials. In addition, the Group had a total of 16 innovative oncology drug candidates, 3 innovative liver/cardiometabolic drug candidates, 4 innovative respiratory/autoimmune drug candidates, and 1 innovative surgery/analgesia drug candidate in Phase I clinical trials.- Focus V(R) (Anlotinib Hydrochloride Capsules) is a novel small molecule multi-target tyrosine kinase inhibitor that has been approved for 10 indications. It has several new indications currently in Phase III clinical studies, including first-line non-squamous non-small cell lung cancer and first-line pancreatic cancer, with plans to gradually submit marketing applications within the next two years.- From 2023 to 2025, the Group obtained marketing approval for 7 national category 1 innovative oncology drugs, namely, Saitanxin(R) (Culmerciclib capsule), Hernexeos(R) (Zongertinib table), Yilishu(R) (Efbemalenograstim alfa Injection), Andewei(R) (Benmelstobart Injection), Anboni(R) (Unecritinib Fumarate Capsules), Anluoqing(R) (Envonalkib Citrate Capsules), and Anfangning(R) (Garsorasib Tablets). It also obtained marketing approval for 4 oncology biosimilars, including Anbeisi(R) (Bevacizumab Injection), Delituo(R) (Rituximab Injection), Saituo(R) (Trastuzumab for Injection), and Paletan(R) (Pertuzumab Injection). The sales volume of these products accelerated rapidly in 2025, and they have become important contributors to the Group’s revenue growth.- Tianqing Ganmei(R) (Magnesium Isoglycyrrhizinate Injection) is the fourth-generation of glycyrrhizic acid preparation that has been approved for 3 indications. During the Year, the Group made efforts to strengthen academic promotion, expanding doctor coverage and gaining recognition from experts through academic conferences at all levels, while vigorously exploring new patients to expand into new markets, and actively promoting retrospective research to provide more academic evidence for its clinical use.- TQC3721 (PDE3/4 inhibitor) is a dual PDE3/4 inhibitor currently undergoing Phase III clinical trials in China for the treatment of moderate to severe chronic obstructive pulmonary disease (COPD). The Group is developing a variety of dosage forms of TQC3721: a suspension for inhalation is in Phase III clinical trials, and an inhaled dry powder formulation is in Phase II clinical trials. The different dosage forms are expected to further enhance patient compliance.- Zepolas(R)/Debaian(R) (Flurbiprofen Cataplasms) is the first domestically produced cataplasms approved for marketing in China, ranking first in the market share of topical analgesia for many years. The Group focuses on the development of highpotential regions, further expanding its market coverage and gradually increasing its production capacity to meet the booming market demand, driving the sustained rapid sales growth of Zepolas/Debaian. The second-generation flurbiprofen patch developed by the Group is expected to be approved for marketing within one year. With formulation enhancements, the second-generation product can significantly improve the transdermal absorption of the drug and enhance the adhesiveness of the plaster, thereby improving patient compliance.HONG KONG, Mar 26, 2026 - (ACN Newswire via SeaPRwire.com) – Sino Biopharmaceutical Limited (“Sino Biopharmaceutical” or the “Company”, together with its subsidiaries, the “Group”) (HKEX stock code:1177), a leading innovation-driven pharmaceutical conglomerate in the PRC, has announced its audited financial results for the year ended 31 December 2025 (the “Year”).During the Year, the Group's revenue increased by approximately 10.3% to approximately RMB31.83 billion. Profit attributable to owners of the parent from continuing operations (as reported) was approximately RMB2.34 billion, a year-on-year increase of approximately 22.0%. Basic earnings per share attributable to owners of the parent from the continuing operations were approximately RMB13.02 cents, an increase of approximately 24.0% over last year. Underlying profit attributable to owners of the parent totaled approximately RMB4.54 billion, a year-on-year increase of approximately 31.4%. The Group’s liquidity remained strong, with cash and bank balances classified as current assets of approximately RMB12.18 billion, bank deposits classified as non-current assets of approximately RMB10.25 billion, wealth management products of approximately RMB10.56 billion in total, and total fund reserves of approximately RMB32.99 billion for the Year.The Board of Directors has recommended a final dividend payment of HK5 cents per share (2024: HK4 cents). Together with an interim dividend of HK5 cents already paid, the total dividend for the year amounts to HK10 cents (2024: HK7 cents).Sales: Innovation-driven growth fuels sustained sales momentumDuring the Year, the Group consistently increased investments to enhance R&D quality and efficiency, which led to a marked strengthening of R&D capabilities, driving sustained sales revenue growth and delivering substantial results. Sales of innovative products increased by 26.2% year-on-year to approximately RMB15.22 billion, accounting for approximately 47.8% of the Group’s revenue. If the sales is categorized by therapy field, sales of oncology drugs increased by 22.8% year-on-year to approximately RMB13.18 billion, accounting for approximately 41.4% of the Group's revenue. Sales of surgical/analgesic medications increased by 12.8% year-on-year to approximately RMB5.03 billion, accounting for approximately 15.8% of the Group's revenue.In the field of oncology, the Group has a comprehensive layout in non-small cell lung cancer (NSCLC), covering the full-line treatment of multiple subtypes. Focus V(R) (Anlotinib Hydrochloride Capsules) has been approved for 10 indications, and several new indications are currently in the marketing application or Phase III clinical trial stage. Its combination therapy has demonstrated superior efficacy in the treatment of lung cancer. From 2023 to 2025, the Group obtained approval for and launched a total of 7 national category 1 innovative oncology drugs and 4 oncology biosimilars. The sales volume of these products accelerated rapidly in 2025, and they have become important contributors to the Group’s revenue growth.In the field of surgery/analgesia, Zepolas(R)/Debaian(R) (Flurbiprofen Cataplasms) have ranked first in market share of topical analgesia for many years. The second-generation flurbiprofen patch is anticipated to receive marketing approval within the year and is expected to strengthen its market leadership through this dosage form upgrade. Meanwhile, Putanning(R) (Meloxicam Injection (II)), China’s first once-daily long-acting analgesic NSAIDs injection, was approved for marketing by the NMPA and the FDA in May 2025 and has been included in the NRDL in 2025. It is expected to become another blockbuster product for the Group in pain management area.R&D: Technology-driven advancements significantly enhance R&D quality and efficiency R&D innovation has always been the key driving force of the Group. The Group has established multiple R&D centers in places including Shanghai, Nanjing, Beijing, and Guangzhou, and has successfully built diversified innovative technology platforms covering such fields as small molecules, protein degraders, siRNA, monoclonal/bispecific antibodies, antibody-drug conjugates (ADC), inhalation formulations, and transdermal patches. For the year ended 31 December 2025, the Group’s total R&D investment amounted to approximately RMB 6.32 billion, accounting for approximately 19.8% of Group revenue.The Group also attaches tremendous importance to the protection of intellectual property rights and actively files patent applications to enhance its core competitiveness. During the Year, the Group filed 1,167 new patent applications and received 273 patent grants. As at the end of the Year, the Group had accumulated 5,724 valid patent applications and obtained 2,120 valid patent grants.Prospects: Focusing on innovation and firmly promoting internationalization strategyLooking ahead, the Group will continue to focus on innovation and remain deeply committed to four core therapeutic areas – oncology, liver / cardiometabolic diseases, respiratory/autoimmune diseases, and surgery/analgesia. It will leverage AI to deeply empower the entire R&D process and continuously strengthen its R&D and innovation capabilities to drive steady business growth. Over the next three years (2026-2028), the Group’s innovation pipeline is expected to experience another wave of explosive growth, with nearly 20 national category 1 innovative drugs expected to be approved for marketing, including multiple blockbuster products with first-in-class (FIC) and best-in-class (BIC) potential. It is expected that by the end of 2028, the total number of innovative products launched by the Group will be around 40, positioning them as the core driver of business growth.At the same time, the Group will firmly advance its internationalization strategy. In February 2026, the Group announced that it had granted Sanofi an exclusive worldwide license to develop, manufacture, and commercialize Rovadicitinib, with the right to receive payments of up to US$1.53 billion, plus tiered royalties of up to double digits based on annual net sales of Rovadicitinib. Going forward, out-licensing will become another important source of revenue for the Group, continuously injecting strong, new momentum into its performance growth and formally launching a second growth curve supported by revenue from internationalization. In addition, the Group remains committed to adhering to the "win-win cooperation" philosophy and is dedicated to building an open and diverse innovation ecosystem. Through in-depth cooperation with the world's leading pharmaceutical companies, biotechnology firms and scientific research institutions, the Group is accelerating the aggregation of high-quality global resources, promoting the co-creation and sharing of innovative outcomes, and continuously strengthening its market leadership. Through the integration of high-quality resources such as LaNova Medicines and Hygieia, the Group has significantly strengthened its R&D capabilities in cutting-edge fields, including tumor immunology and siRNA.Looking ahead, the Group will continue to drive innovation through its dual engines of internal R&D and strategic cooperation, accelerate its development through internationalization, and make steady progress towards its strategic goal of becoming a world-class innovative pharmaceutical company.For detailed information on the Group’s results for the Year, please refer to the official announcements uploaded by the Group to the Hong Kong Stock Exchange website and its official website.About Sino Biopharmaceutical Limited (HKEX:1177)Sino Biopharmaceutical Limited, together with its subsidiaries, is a leading, innovative R&D-driven pharmaceutical group in China. Its business covers the entire industrial chain, including R&D platforms, intelligent manufacturing, and a robust sales system. Its products encompass a wide range of biologics and chemical drugs, with a strong presence in four core therapeutic areas: oncology, liver/cardiometabolic diseases, respiratory/autoimmune diseases, and surgery/analgesia. The company was listed on the Hong Kong Stock Exchange in 2000, was included as a constituent of the MSCI China Index in 2013, became a constituent of the Hang Seng Index in 2018, and was added to the Hang Seng Stock Connect Biotech 50 Index and the Hang Seng China (Hong Kong-listed) 25 Index in 2020. The company has been named among the "Top 50 Global Pharmaceutical Companies" by the authoritative U.S. magazine Pharm Exec for seven consecutive years, and has been recognized as one of the "Top 50 Best Companies in Asia" by Forbes Asia for three consecutive years.For more information, please visit: www.sbpgroup.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Multi-Billion-Dollar Sports Brand U.S. Polo Assn. Launches Global Polo Shirt Campaign: An Icon Born from the Game ACN Newswire

Multi-Billion-Dollar Sports Brand U.S. Polo Assn. Launches Global Polo Shirt Campaign: An Icon Born from the Game

West Palm Beach, FL, Mar 26, 2026 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA) founded in 1890, today announced the launch of its Global Polo Shirt Campaign, An Icon Born from the Game. The global campaign is a powerful tribute to the iconic polo shirt's authentic sports origins and its evolution into one of the world's most enduring style essentials.U.S. Polo Assn. Global Brand Ambassador, 6-goal American professional polo player Nico Escobar takes in the game atop his equine partner, wearing polo whites and a classic navy U.S. Polo Assn. polo shirt, An Icon Born from the GameU.S. Polo Assn. models in polo shirts at the Spring-Summer 2026 Global Collection Photoshoot in Charleston, South Carolina‘The Polo Shirt: An Icon Born From the Game' campaign imagery featuring U.S. Polo Assn. modelsThe polo shirt's beginning was born on the polo fields, shaped by motion, competition, and the spirit of the game for which it was named. From its earliest days, the polo shirt was designed with purpose, worn by players seeking performance on the polo fields. Today, U.S. Polo Assn. celebrates this timeless favorite, not just as a fashion item, but as an icon born from sport and carried forward through generations of players and consumers all over the world.The polo shirt is one of the most iconic essentials dating back over 100 years, notable for its unique fusion of sport and style. Originally designed with breathable pique knit, a soft collar, and lightweight construction to meet the demands of competitive sports, it has evolved into a timeless essential, suitable for casual elegance and leisurewear.The polo shirt traces its origins to polo players, where it was created out of necessity for the sport. Polo players modified long‑sleeved cotton shirts to better handle heat, movement, and wind while playing. These functional, sport‑driven adaptations represent the earliest form of what would become the polo shirt. In the early 20th century, polo players helped formalize these functional elements as the sport gained popularity, reinforcing the shirt's connection to the sport and its functional design.Over the years, the polo shirt became a cornerstone of casual sportswear around the world, symbolizing preppy style, luxury leisure culture, and contemporary athleisure, seamlessly transitioning from polo fields to college campuses and boardrooms. Its enduring adaptability is demonstrated by distinct reinventions across the decades; the ability to evolve has ensured the polo shirt's lasting relevance and cultural significance.As the official sports brand of the USPA, founded in 1890 and one of the oldest sports governing bodies in the United States, U.S. Polo Assn. occupies an authentic place in the history of the polo shirt."The polo shirt's DNA is deeply rooted in the inspirational sport that inspired it," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar, global U.S. Polo Assn. brand. "With An Icon Born from the Game, we're honoring a legacy that began on the field and continues to shape how polo players, sports fans, and consumers all over the world live, move, and express themselves today, and for future generations."An Icon Born from the Game reinforces that legacy by connecting the polo shirt's origins in the sport, while celebrating its place in modern culture."The polo shirt was designed for the game with a real purpose on the field, but it's also what I wear off the field to go out to dinner or hang out with friends and family," said Nico Escobar, U.S. Polo Assn. Global Brand Ambassador, 6-goal American professional polo player. "I love that U.S. Polo Assn. understands both the performance aspect and how the polo shirt fits into everyday life.""U.S. Polo Assn.'s authentic connection to the sport and the way it supports the game of polo around the world is why I wear it - both on the field and off," adds Escobar.Global Launch: An Icon Born from the GameLaunching globally across 190 countries in Spring 2026, An Icon Born from the Game will come to life through a coordinated, multi‑channel presence designed to make the U.S. Polo Assn. polo shirt unmistakably visible wherever consumers engage with the sport-inspired brand. In stores, dedicated polo shirt focus areas, including the brand's iconic polo walls, window displays, and visual merchandising moments, will highlight the full range of styles through bold color stories, clear categorization, and campaign signage anchored by the slogan.Across outdoor and print advertising, hero imagery shot on location brings the polo shirt back to the field, reinforcing its authentic connection to the sport, while digital and social media activations extend the story through short‑form content and global storytelling. Together, these touchpoints create a consistent, immersive expression of the polo shirt as a true icon rooted in sport but relevant to everyday life.Further, An Icon Born from the Game is launching around two of the sport's most important events in the United States - the prestigious USPA Gold Cup® and one of the most competitive tournaments in the world, the U.S. Open Polo Championship®, which concludes with the Championship Final on April 26."An Icon Born from the Game is about owning our truth and telling it boldly on a global scale," said Stefanie Coroalles, Vice President, Global Brand Marketing. "The Global Polo Shirt Campaign brings together heritage, product, and self-expression, showing how the polo shirt moves effortlessly from sport to everyday life.""This launch is a proud moment for us, one that brings our heritage to life in a way that feels modern, visible, and unmistakably U.S. Polo Assn.," adds Coroalles.Product Pillars: Play It Your Way"Every U.S. Polo Assn. polo shirt is designed with intention by balancing style, comfort, function, and authentic sport details," said Brian Kaminer, Senior Vice President, Brand and Product Development. "From heritage-inspired construction to modern performance fabrics, our U.S. Polo Assn. collections reflect how the polo shirt continues to evolve while staying true to its sports roots."The global polo shirt campaign showcases the versatility of the icon through five distinct expressions that give the consumer the opportunity to "Play It Your Way" when styling with the polo shirt.Play It Sporty is the polo shirt that carries the legacy of U.S. Polo Assn. in every stitch. Featuring authentic detailing, iconic branding, and sport-inspired elements, this timeless silhouette connects directly to the game that started it all. Official crests, classic cuts, and traditional design details celebrate the sport of polo's history and the brand's deep-rooted heritage.Play It Classic is the polo shirt for the moments that make up everyday life. Clean, comfortable, and easy to style, it's the go-to option when you want something that always works. Designed to be worn again and again, it fits seamlessly into any routine, whether casual, relaxed, or slightly dressed up.Play It in Motion with the performance polo shirt engineered for action. Advanced technical fabrics deliver moisture-wicking comfort, breathability, and stretch that moves with you throughout the day. Designed for polo players on the field or in life in motion, it balances durability and function with a sharp, modern look.Play It Bold is the fashion polo shirt built for self-expression. Defined by confidence and style, this version brings personality and freedom to a familiar icon. Worn casually or styled with intention, it shows how versatile the polo shirt can be when it's shaped by confidence and worn on an individual's own terms.Play It Elevated is the premium polo shirt made for moments that call for refinement. Crafted with elevated materials and thoughtful detailing, it offers a polished look without feeling formal. Clean lines and a thoughtful fit create a composed yet confident style that balances ease with sophistication.U.S. Polo Assn.'s seasonal polo shirts are offered across men's, women's, and kids' collections in an expansive range of fabrics, finishes, and colors - from classic neutrals to vibrant hues. Updated designs feature textured ribs, subtle patterns, and elevated construction details, finished with the brand's signature Double Horsemen logo - a mark of authenticity and a symbol of the sport.U.S. Polo Assn. continues to incorporate products aligned with its global sustainability program, USPA Life, reflecting the brand's commitment to responsible sourcing and long-term environmental initiatives. The USPA Life Polo Shirt, arriving in stores Spring 2027, builds on U.S. Polo Assn.'s most iconic style, designed with thoughtfully chosen, preferred materials that reflect the brand's commitment to improving the global footprint of this iconic staple. From 100% preferred cotton fabric to the finishing details like buttons and thread, each element has been selected to reduce impact while preserving the classic look, comfort, and quality customers expect from a U.S. Polo Assn. polo shirt.U.S. Polo Assn. apparel and accessories are available in U.S. Polo Assn. stores and online at uspoloassnglobal.com.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, and Star Sportsin India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth and sports content. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.For Additional Information, Contact:Stacey Kovalsky - VP, Global PR and CommunicationsPhone +954.673.1331 - E-mail: skovalsky@uspagl.comKaela Drake - Senior PR and Comms SpecialistPhone +561.530.5300 - E-mail: kdrake@uspagl.comSOURCE: U.S. Polo Assn. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Casa Minerals Receives Extensive Historic Drill Database from Congress Gold Mine Project; Desktop Technical Studies Define Three Priority Exploration Zones Ahead of 2026 Drilling Season ACN Newswire

Casa Minerals Receives Extensive Historic Drill Database from Congress Gold Mine Project; Desktop Technical Studies Define Three Priority Exploration Zones Ahead of 2026 Drilling Season

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - March 26, 2026) - Casa Minerals Inc. (TSXV: CASA) (OTCQB: CASXF) (FSE: 0CM) (the "Company" or "Casa") is pleased to announce that it has received a large dataset of historic drill hole information from the Congress Gold Mine Project in Yavapai County, Arizona, USA. Comprehensive desktop technical studies integrating this data with the Company's own 2022 drilling campaign have resulted in the identification and delineation of three distinct priority exploration zones that will form the basis of the 2026 field and drilling program.HIGHLIGHTSReceipt of a large historic drill hole database greatly expanding the geological model for the Congress Gold Mine Project3D modelling of over 100 historic and recent drill holes confirms strong structural integrity and continuity of the gold-bearing vein systemsThree distinct exploration zones classified: Echo Bay Exploration Zone (~750m x 1,000m), Malartic Exploration Zone (~450m x 1,150m), and New Congress Niagara Exploration Zone (~800m x 1,000m)Echo Bay Exploration Zone designated highest priority target based on historic drill density and potential for expanded mineralization envelopeHistoric drill intercepts include highlights such as 1.2m @ 43.88 g/t Au, 2.0m @ 21.88 g/t Au, 3.3m @ 27.13 g/t Au, and 11.4m @ 4.81 g/t Au within the Echo Bay ZoneCongress Gold Mine Project is fully permitted with excellent road access and proximity to an experienced regional labor forceCompany geologists and field personnel are being mobilized for initial site preparation and drill program setupHISTORIC DRILL DATABASE COMPILATIONCasa Minerals is pleased to announce the receipt of a comprehensive dataset of historic drill hole collars, surveys, and assay records from the Congress Gold Mine Project. This data was compiled from exploration programs conducted by previous operators -- most notably Echo Bay Mines Ltd. -- during the 1980s through the early 1990s. The database encompasses a significant number of drill holes distributed across the project area, substantially expanding the known geological framework of the property.Historic exploration at the Congress Gold Mine was conducted during a period when gold market conditions were materially lower than today's environment, which directly influenced the selection criteria and cut-off grades used by previous operators. Consequently, the historic programs focused predominantly on higher-grade gold intersections, and many lower-grade vein intercepts that may be economically significant at current gold prices were not assigned the same level of analytical priority. Casa believes this creates a meaningful opportunity to reinterpret the mineralization system with a lower economic threshold, logically expanding the dimensions of the mineralization envelope that will be targeted in the forthcoming drilling season.Important Disclosure: The historic drill hole results referenced in this news release were collected and reported by previous operators under practices that predate current NI 43-101 standards. These results are disclosed solely for contextual and geological interpretation purposes. They have not been verified by a current Qualified Person, do not conform to NI 43-101, and are not classified as current mineral resources or mineral reserves. A Qualified Person has not done sufficient work to classify the historic results as current mineral resources or mineral reserves, and Casa is not treating them as such.THREE-DIMENSIONAL MODELLING AND VEIN SYSTEM VALIDATIONDesktop technical studies have included rigorous 3D modelling of all available drill hole data using industry-standard geological modelling software. The resulting three-dimensional representation of the drill hole database, illustrated in Figure A below, demonstrates the remarkable density of historic drill coverage across the project and confirms the structural coherence and continuity of the principal gold-bearing vein systems.The 3D model was constructed using NAD83 / UTM Zone 12N coordinates and captures drill holes ranging from surface to depths approaching 600 metres below ground elevation. The model reveals that:The dominant vein systems exhibit strong northeast-southwest structural orientation, consistent with the principal fault architecture identified on surfaceThe alignment and attitude of vein structures intercepted in the Company's 2022 confirmatory drilling campaign correlate with high fidelity to those projected from the historic drill hole database, validating the overall geological modelThe 2022 drilling campaign identified additional vein structures not captured in the historic database, indicating that the current geological model is likely incomplete and that the total mineralized footprint may be materially larger than previously understoodIncorporating lower-grade vein intercepts -- previously deprioritized by historic operators under lower gold price conditions -- into the mineralization envelope substantially increases the aggregate target volume for future drillingFigure A: Four-panel 3D presentation of historic and recent drill hole collars and traces, Congress Gold Mine Project. Views from west (upper left), east (upper right), oblique (lower left), and plan (lower right). Coordinate system: NAD83 / UTM Zone 12N. The high density of drill traces illustrates the extensive historic exploration coverage across the project area. Pink/magenta traces represent historic drill holes; black traces represent more recent drilling. Purple lines denote projected vein orientations.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_001full.jpgTHREE PRIORITY EXPLORATION ZONES -- 2026 PROGRAM BASISDetailed integration of the historic drill database with geological mapping, vein system mapping conducted in 2022, and structural interpretation has enabled Casa to formally classify three distinct priority exploration zones within the Congress Gold Mine Project. The classification of each zone reflects the combination of historic drill density, vein system geometry, and the nature of the gold mineralization documented to date. Figures 1 through 4 present these zones in their regional and local contexts.Figure 1: Regional overview map of the Congress Gold Mine Project showing principal vein systems (red dashed), fault corridors (blue dashed), shaft locations (Shafts 1 through 6), historic stope outlines (yellow, 1959-1987), patented claim and BLM claim outlines, and the location of the three principal exploration zones. The project is situated in Yavapai County, Arizona.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_002full.jpgEcho Bay Exploration Zone -- Highest Priority TargetThe Echo Bay Exploration Zone, measuring approximately 750 metres by 1,000 metres, is the largest and most intensively drilled zone on the property. It encompasses the historic non-NI 43-101 resource outline that was previously defined by Echo Bay Mines and represents the core of the historic gold-producing system at Congress. The zone is bounded by the principal northeast-trending veining corridors and is cut by northwest-trending fault structures that locally displace but do not terminate the mineralized vein arrays.As illustrated in Figure 2, the Echo Bay Exploration Zone hosts a dense cluster of historic drill hole intercepts distributed across the full extent of the zone. The drill hole collars and assay intercepts depicted in the figure provide compelling evidence for broad, zone-scale gold mineralization. Notably, the higher-grade intercepts are concentrated along the principal vein corridors while lower-grade disseminated and stockwork gold is documented in the intervening ground. This spatial distribution is characteristic of orogenic gold systems and is consistent with the geological setting at Congress.Selected historic drill intercepts within the Echo Bay Exploration Zone include:1.2m @ 43.88 g/t Au -- exceptional high-grade intercept within the principal vein corridor3.3m @ 27.13 g/t Au -- high-grade intercept demonstrating vein width and continuity2.0m @ 21.88 g/t Au -- high-grade vein intercept in the central portion of the zone2.4m @ 19.03 g/t Au -- confirming strong grade continuity along strike11.4m @ 4.81 g/t Au -- broad, elevated-grade intercept indicative of wide mineralization envelopes within the vein system1.5m @ 15.28 g/t Au -- demonstrating high-grade vein core and broader lower-grade haloes2.0m @ 12.19 g/t Au and 7.3m @ 11.00 g/t Au -- further confirming grade and continuity of the principal vein arrays3.1m @ 11.19 g/t Au and 2.0m @ 15.63 g/t Au -- documented in the southwestern portion of the zone, indicating lateral continuityGiven the historic drill density, the documented grade profile, and the alignment of the 2022 confirmatory drilling with the historic vein model, the Echo Bay Exploration Zone has been assigned the highest exploration priority for the 2026 program. The Company views the zone as offering the clearest near-term pathway to NI 43-101 resource delineation.Figure 2: Detailed plan map of the Echo Bay Exploration Zone (~750m x 1,000m), Congress Gold Mine Project. Shown are historic drill hole intercepts (brown dots annotated with interval length in metres and gold grade in g/t), principal vein system traces (red dashed), fault corridors (blue dashed), historic stope outlines (yellow), shaft locations, and the historic non-NI 43-101 resource outline (red hatch). Selected intercepts include 1.2m @ 43.88 g/t Au, 3.3m @ 27.13 g/t Au, 11.4m @ 4.81 g/t Au, and 2.4m @ 19.03 g/t Au, among numerous others. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_003full.jpgMalartic Exploration ZoneThe Malartic Exploration Zone covers an area of approximately 450 metres by 1,150 metres and is situated to the south and southeast of the Echo Bay Exploration Zone. The zone is named after the "Malartic-style" stratabound and vein-hosted gold mineralization that has been documented in this area of the project. Historic shaft locations CGC-003 and CGC-004 are located within this zone, providing direct underground access for potential future development.The Malartic Exploration Zone is characterized by multiple subparallel northwest-striking vein sets that have been intercepted in a series of shallow to moderate-depth drill holes. The vein system includes documented vein widths of 27 feet, 38 feet, and 55 feet (as labelled on Figure 3), indicating substantial structural corridors capable of hosting economically significant gold mineralization.Representative historic drill intercepts within the Malartic Exploration Zone include:3.6m @ 0.74 g/t Au and 10.3m @ 1.73 g/t Au -- broad lower-grade intercepts within the principal vein corridor demonstrating wide mineralization envelopes10.36m @ 1.41 g/t Au and 8.1m @ 3.53 g/t Au -- moderate-grade intercepts confirming continuity of the vein arrays7.7 @ 3.56 g/t Au and 8.1m @ 2.53 g/t Au -- further demonstrating consistent grade within vein-hosted mineralization3.2m @ 7.72 g/t Au and 2.8m @ 9.41 g/t Au -- higher-grade intercepts at the northern margin of the zone (shared boundary with the Echo Bay Zone)The Malartic Exploration Zone is relatively underexplored compared to the Echo Bay Zone, and the relatively sparse drill coverage suggests significant upside potential for zone expansion with systematic drilling.Figure 3: Detailed plan map of the Malartic Exploration Zone (~450m x 1,150m), Congress Gold Mine Project. Shown are historic drill hole intercepts (annotated with gold values), principal vein system traces, shaft locations including CGC-003 and CGC-004, historic stope outlines, and documented vein widths of 8.2m, 11.6m, and 16.8m.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_004full.jpgNew Congress Niagara Exploration ZoneThe New Congress Niagara Exploration Zone, measuring approximately 800 metres by 1,000 metres, is the northernmost of the three classified exploration zones and is situated along a structurally distinct corridor characterized by the northwest-striking New Congress-Niagara fault system. This zone encompasses historic Shaft 1 as well as drill holes CGC-008, CGC-009, and CGC-010 from the Company's 2022 exploration program.The 2022 drilling in this zone identified four discrete veins with widths ranging from 49.5 feet to 206 feet -- a notably wide structural corridor. These widths are illustrated in Figure 4 as Vein 49.5 ft, Vein 55 ft, Vein 70.5 ft, and Vein 206 ft. The scale of these structural features highlights the potential for significant bulk-tonnage style mineralization within this zone, distinct from the higher-grade but narrower veins documented in the Echo Bay Zone.Critically, the 2022 drilling at the New Congress Niagara Zone identified several vein structures that are not represented in the historic drill database, reinforcing the Company's view that the existing geological model incompletely captures the full scope of the vein system. This structural incompleteness, combined with the relatively limited historic drill coverage of this zone, underscores its exploration potential.Figure 4: Detailed plan map of the New Congress Niagara Exploration Zone (~800m x 1,000m), Congress Gold Mine Project. Shown are drill hole locations from the 2022 exploration program (CGC-008, CGC-009, CGC-010) alongside Shaft 1, with identified vein widths of 49.5 ft, 55 ft, 70.5 ft, and 206 ft. The purple outline denotes the exploration zone boundary.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_005full.jpgPROJECT STATUS AND 2026 FIELD PROGRAMThe Congress Gold Mine Project is fully permitted for exploration and mining activities in Yavapai County, Arizona. The property benefits from:Fully permitted status: All necessary exploration and access permits are in place, enabling rapid mobilization of field crews and drilling equipmentExcellent road access: Paved and maintained road access to the property boundary facilitates cost-effective equipment and supply logisticsExperienced regional labor force: The Yavapai County region has a well-established mining and exploration workforce with proven experience in gold exploration projects of this typeInfrastructure: Existing shaft infrastructure and historic workings provide geological reference points and potential future development opportunitiesThe Company is currently mobilizing a team of geologists and field personnel to the Congress Gold Mine Project for initial site preparation, geological review, and establishment of the field infrastructure required for the 2026 drilling program. Detailed drill program parameters, including planned hole locations, depths, and targeting rationale, will be provided in a subsequent technical news release.MANAGEMENT COMMENTARY"The receipt of this historic drill database is a genuinely significant development for Casa Minerals," stated Farshad Shirvani, President and CEO. "For the first time, we now have a comprehensive view of the full scope of historic exploration at Congress, and what we see is highly encouraging. The 3D model clearly validates our 2022 findings and demonstrates that the gold system is both continuous and larger than historic estimates suggested. With gold trading at current levels, the lower-grade vein intercepts that were historically deprioritized now become compelling exploration targets in their own right. The Echo Bay Zone, with intercepts like 1.2m @ 43.88 g/t and 11.4m @ 4.81 g/t, gives us a very strong foundation from which to build a modern NI 43-101 resource. We are mobilizing our team and look forward to reporting our first drill results from the 2026 season."QUALIFIED PERSONMr. Erik Ostensoe, P.Geo., a Director and Chief Geologist of the Company, a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical disclosure in this news release.ABOUT CASA MINERALS INC.Casa Minerals Inc. is a mineral exploration company focused on gold, copper, and strategic minerals exploration in North America. The Company holds a 90% interest in the historic Congress Gold Mine in Arizona and is advancing multiple projects in British Columbia, including the Arsenault copper-gold-silver project. Casa's experienced management team is committed to creating shareholder value through the discovery and development of economic mineral deposits. For more information, please visit: www.casaminerals.comON BEHALF OF THE BOARD OF DIRECTORSFarshad Shirvani, M.Sc. GeologyPresident, CEO and DirectorFor more information, please contact:Casa Minerals Inc.Farshad Shirvani, President & CEOPhone: (604) 678-9587Email: contact@casaminerals.comCAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTSThis news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding: the Company's exploration plans and programs for 2026; anticipated drilling activities at the Congress Gold Mine Project; the classification and prioritization of exploration zones; expectations regarding resource definition and the potential to advance the project to NI 43-101 compliant standards; interpretations of historic drill data and 3D geological models; mineralization potential and domain expansion; and mobilization of field personnel. Forward-looking information is based on the opinions and estimates of management at the date the information is made and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated. Such factors include, without limitation: uncertainties regarding exploration results; risks related to the accuracy and completeness of historic data; the inability to verify historic assay results; variations in mineralization and grade; the speculative nature of mineral exploration; challenges in obtaining required permits and approvals; fluctuations in commodity prices; availability of financing; changes in economic and market conditions; environmental and regulatory risks; operating hazards; and other risks inherent in the mineral exploration industry. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290037 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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NBA Moves Toward Expansion, Targeting Las Vegas and Seattle iGame

NBA Moves Toward Expansion, Targeting Las Vegas and Seattle

(AsiaGameHub) - National Basketball Association owners have indicated their readiness to consider the addition of new franchises to the league's current 30-team structure. During the NBA Board of Governors meeting held on March 24-25, when votes were cast, the cities of Las Vegas and Seattle were prominently mentioned as the most probable candidates for expansion. “I think Seattle and Las Vegas, in terms of their history and support of NBA basketball, are unique in terms of available markets in the US right now,” NBA Commissioner Adam Silver stated, further elaborating, “No knock on any other markets. Those are just the markets we’re focused on.” No Surprise The prospect of NBA expansion has been a topic of discussion for years, with growing momentum. While the official process has now commenced, the outcome remains uncertain. For Seattle, this potential expansion carries significant emotional resonance, given the city's experience of losing the Seattle SuperSonics in 2008, when the team relocated to Oklahoma City and became the Oklahoma City Thunder. Fans in Seattle have been anticipating the return of NBA basketball ever since. Local support has remained strong, and the city continues to be one of the largest US markets without a professional basketball team. Concurrently, Las Vegas has steadily evolved into a major sports destination, partly due to the NBA hosting its Summer League there for many years, establishing it as a crucial event for players, coaches, and executives. The presence of established teams like the Raiders and the Golden Knights in the city suggests that the addition of an NBA franchise would be a logical progression. Exploratory Phase However, expansion is not yet guaranteed, as the league has only authorized an exploratory phase. This means that prospective ownership groups must now submit comprehensive proposals, detailing plans for arenas, financial structures, and long-term viability. The NBA will also assess the broader implications of expansion, including how the addition of new teams might affect player distribution and competitive balance within the league. Expansion fees are anticipated to be at least $6 billion per team, with industry insiders and ESPN projecting figures ranging from $7 billion to $10 billion. If approved, the new teams could potentially begin play as early as the 2028-29 season. Furthermore, the addition of two Western Conference teams would necessitate the relocation of one existing franchise to the Eastern Conference to maintain conference balance. Cities such as New Orleans, Memphis, or Minnesota are among those that could be considered for such a move. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Texas’s The Lodge Closes Indefinitely, Staff Laid Off After Raid iGame

Texas’s The Lodge Closes Indefinitely, Staff Laid Off After Raid

(AsiaGameHub) - In a heartfelt letter emailed to employees, The Lodge Card Club in Round Rock, Texas stated it would “close indefinitely”. As a result, the card room had to lay off all its staff due to ongoing legal pressure from authorities. The club was first shuttered on March 10 when the Texas Alcoholic Beverage Commission (TABC) carried out a controversial raid during which it seized various items of alleged evidence and froze assets. “Incredibly Difficult Decision” Well-known poker pros Doug Polk, Andrew Neeme, and Brad Owen count among the club’s owners, with Polk, Jake Abdalla, and Jason Levin serving as majority owners and Neeme and Owen as minority investors. In what he called “the hardest message I’ve ever had to write”, Levin formally announced that the poker room would remain closed and all employees would lose their jobs. “While no charges have been filed, and we stand by the club’s history of operating with complete integrity and within Texas law, the Williamson County District Attorney’s Office has made it clear to our attorneys that they believe The Lodge’s current business model violates Texas law,” the letter stated. “For this reason, we can’t reopen. Doing so would risk another raid by authorities, seizure of additional cash and assets, and possible arrests,” Levin added plainly. Levin also noted they’d received no “indication” about when the investigation might conclude, leaving them with “no other viable path forward at this time.” “As a result, we have no choice but to make the extremely tough decision to lay off our entire team. We hope you know how much each of you means to us, and as we hold out hope for a favorable outcome, if we’re ever able to reopen, we plan to welcome you back with open arms,” Levin reassured staff. “You Made This Place What It Was” “Each of you helped turn that vision into reality. From front desk staff to porters, dealers, managers, and production team, every detail, every interaction, every long day and late night combined to create something truly special. You made this place what it was—not the building, not the brand, but you,” Levin added. The raid and subsequent closure were rooted in Texas’ gambling regulations and the “social poker club” model, which lets poker clubs operate in a gray area by offering peer-to-peer games instead of traditional gambling. Rather than taking a cut of pots, these clubs charge either hourly seat rental fees or memberships. PokerNews has obtained, however, an affidavit alleging the now-shuttered club is linked to several potential violations, including organized criminal activity, money laundering, and illegal gambling. The document states approximately $1.35 million in deposits were marked as “suspicious”. The same was true for several financial transfers between business-related accounts. Additionally, the document references an undercover operation in which agents visited the club and played poker multiple times.The investigation will continue without a clear end date. Meanwhile, The Lodge’s sister location in San Antonio remains open. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Malta Considers First EU Regulatory Framework for Prediction Markets iGame

Malta Considers First EU Regulatory Framework for Prediction Markets

(AsiaGameHub) - Malta is weighing a new regulatory move that could position it at the leading edge of a fast-growing digital finance segment. The government has launched an assessment of how to roll out a legal framework for prediction markets, a sector that is gaining momentum and attracting rising attention from both investors and regulators. Malta Looks Into Regulating Prediction Markets to Drive Innovation Economy Minister Silvio Schembri noted that authorities are examining how these platforms can be governed to support new ideas while upholding robust oversight. Per local media outlet Lovin Malta, he stated that prediction markets represent a promising opportunity, as long as they operate within a structured, transparent legal environment. Prediction markets let participants trade based on the results of real-world events ranging from political elections to economic indicators and sports outcomes. This model turns forecasting into a tradable asset category. The concept has gained popularity in the United States in recent years, where platforms have recorded notable growth. Kalshi is one of the leading players in the space, operating under regulatory supervision and reaching a valuation in the multibillion-dollar range. Alongside competitors including Polymarket, the sector notched up tens of billions of dollars in trading volume in 2025, a figure that underscores its growing scale and appeal. Malta Targets Robust Compliance in the Rapidly Expanding Prediction Industry Despite this growth, the legal standing of prediction markets remains ambiguous in many regions. Across the European Union, rules vary from country to country, and there is no harmonized framework to govern this activity. Some jurisdictions have put restrictions in place, while others are still evaluating whether these platforms should be classified as financial instruments, gambling services, or a hybrid of the two. Malta’s focus on the sector follows a familiar pattern. The country established itself as a trailblazer in online gaming regulation, and later rolled out early legislation for blockchain and cryptocurrency businesses. These moves helped attract international firms and cement its reputation as a hub for digital innovation. Officials are now exploring whether a comparable approach could work for prediction markets. By setting clear rules, Malta could provide companies with legal certainty and access to the wider European market. The government’s stance makes clear that user trust and investor protection will remain core to any future framework. The timing is opportune, as global demand for prediction-based trading continues to rise. While discussions in Malta are still in their early stages, the initiative signals an intent to anticipate industry trends rather than react to them after they have already taken hold. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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UK Maintains Horse Racing Levy Unchanged, Angering Industry iGame

UK Maintains Horse Racing Levy Unchanged, Angering Industry

(AsiaGameHub) - The UK government has decided to maintain the Horserace Betting Levy at its current rate following the completion of a long-anticipated review. However, the decision has drawn criticism from racing organizations. UK Maintains 10% Levy on Horse Racing Bets Ian Murray announced the decision in Parliament, sharing the findings from a review conducted by Baroness Twycross. Ministers determined that the existing 10% levy on bookmakers' profits from British horseracing will continue without immediate changes. This levy applies to operators earning over GBP 500,000 ($667,878) from bets placed on domestic racing. The Horserace Betting Levy Board uses these funds to support breeding, veterinary research, and overall sport development. Last year, revenues amounted to GBP 108 million ($144.2 million), a slight increase from the previous year. According to the government, stability within the broader gambling sector was a significant factor in this decision. Recent adjustments to betting duties were cited as reasons to avoid further regulatory shifts. Officials also rejected proposals to extend the levy to cover bets on international racing, stating that the current system adequately reflects the connection between bookmakers and British racing. UK Horse Racing Faces Funding Concerns Amid Policy Dispute Horse racing is a vital component of the UK’s sporting heritage, attracting substantial crowds and international attention through major events like the Grand National and Royal Ascot. Ministers emphasized their ongoing support for the sport and highlighted initiatives aimed at improving governance, race scheduling, and animal welfare. However, the response from the British Horseracing Authority has been negative. Chief executive Brant Dunshea voiced disappointment with both the duration of the review and its outcome. He noted that the sport had spent years collaborating with policymakers and presenting evidence that its betting-related financial returns are insufficient to cover escalating operational expenses. Dunshea also drew attention to a difference between Britain and other prominent racing countries, observing that nations like France and Ireland generate a larger portion of betting revenue for their racing industries. In contrast, he argued, the actual financial benefit to British racing remains low. The BHA also expressed concerns regarding regulatory measures such as affordability checks for gamblers. Dunshea cautioned that stricter regulations could drive bettors to unregulated markets, which would decrease funding for racing and also affect tax revenues. The government maintains that ongoing collaboration between the betting and racing industries is crucial for long-term viability. Nevertheless, the recent decision appears to have heightened tensions, with industry leaders urging a reconsideration of policies they believe will significantly impact the sport's financial future. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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AAC Technologies CFO Guo Dan: Accelerating Expansion into AI Blue Ocean for a New Revenue Milestone in 2026 ACN Newswire

AAC Technologies CFO Guo Dan: Accelerating Expansion into AI Blue Ocean for a New Revenue Milestone in 2026

SINGAPORE, Mar 26, 2026 - (ACN Newswire via SeaPRwire.com) – March 19, AAC Technologies Holdings Inc. (HKEX Stock Code: 2018) held its 2025 Annual Results Announcement Conference in Singapore and reported a strong set of annual results. The Group achieved RMB 31.82 billion in annual revenue, representing a 16.4% year-on-year increase and marking a record high of over RMB 30 billion, with net profit rising 39.8% to RMB 2.51 billion. These results reflect the continued success of the Company’s strategic transformation, with revenue reaching new highs in recent years and net profit delivering sustained double-digit growth.“Pioneering Innovation” and “AI Empowerment” have emerged as the central themes of AAC’s recent developments, driving its strategic transformation from a traditional component supplier to a builder of AI perception infrastructure.In an interview during the conference, AAC’s Chief Financial Officer, Guo Dan, highlighted that the Company’s strategic new business lines — represented by optics and automotive solutions — together with its expansion into high-potential AI sectors such as heat dissipation, robotics, and XR, have become the key growth engines supporting mid-to-long-term sustainable development. This strong momentum is expected to continue unlocking further growth potential in 2026.Looking ahead to 2026, Dan expressed strong confidence. Despite persistent industry volatility, the Group will capitalize on its diversified business portfolio to deliver steady revenue growth, with the growth rate expected to be no lower than that of 2025. At the same time, the gross profit margin is projected to improve steadily from the 22.1% baseline in 2025.( AAC Technologies CFO Guo Dan)1. On the Optics Business: Plastic Lens Gross Margin to Rise to 35%, with Proprietary WLG Technology Reaching Key MilestoneAs a core strategic growth driver, AAC’s optics business (AAC Optics) has achieved rapid development since in 2019. It reported RMB 5.73 billion in revenue in 2025, with a compound annual growth rate (CAGR) exceeding 32% over the past six years, establishing itself as a key pillar of the Group’s overall growth.Dan stated that in 2026, the optics business is expected to deliver steady revenue growth while further improving its gross margin. In 2025, the Company continued to upgrade its mid-to-high-end lens product mix, with the shipments of lens products with 6 or more elements accounting for over 18% of the total and seven-element (7P) lens shipments reaching 15 million units. Building on this foundation, the gross profit margin of plastic lenses is projected to rise from 30% in 2025 to 35% in 2026, reaching a industry-leading level.Notably, AAC has made a significant breakthrough in its globally proprietary Wafer-Level Glass (WLG) lens technology, reaching a key milestone. This advancement not only expands the scope of application scenarios but is also expected to drive a shift in the market landscape traditionally dominated by plastic lenses. Dan added, “In the future, whether in smartphones, automotive solutions, or emerging smart terminal devices, we will see more stable incremental growth that will inject long-term momentum into our business growth.”2. On the Automotive Solution Business: The "Second Growth Engine" Solidifies, with 2026 Revenue Expected to Grow by 15%-20%Through the acquisition of Premium Sound Solutions (PSS), AAC has rapidly established a core platform in the smart automotive solution sector, successfully developing a second growth engine for the Company.Dan revealed that following the acquisition of PSS in 2024 and the acquisitions of Chuguang and PSG in 2025, the Company has become a comprehensive system-level automotive solution provider, expanding its business from smartphones into the entire automotive domain. In 2025, the Company’s automotive acoustics business recorded revenue of RMB 4.12 billion, representing a year-on-year increase of 16.1%. This performance has positioned AAC among the world’s top-tier automotive audio system suppliers, second only to industry leaders such as Harman and Bose.Regarding the 2026 outlook for the automotive acoustics business, Dan stated that the segment is expected to maintain high double-digit growth of 15% to 20%, while keeping the gross margin stable. The Company’s automotive solution business has now achieved broad customer coverage both in China and overseas, including multiple Asian markets. This diversified regional presence is expected to provide steady and reliable support for both revenue and profit growth.3. On AI Sectors: Heat Dissipation Business Poised to Reach RMB 10 Billion, with Explorations in XR and Robotics Opening New FrontiersIf optics and automotive solutions represent the Company’s “core growth engines,” then business lines such as heat dissipation, robotics, and XR optical waveguides constitute the high-potential “reserves” for AAC’s future development. Dan noted that the Company’s revenue in the past was primarily driven by traditional mobile phone acoustics and haptics business. However, following years of strategic transformation and amid broader industry technological shifts, AI has become the fundamental driver underpinning the sustained growth of the Company’s multiple product lines.“For example, the rapid growth of the heat dissipation business is mainly attributable to AI-driven demand. Similarly, our initiatives in robotics and AR glasses are also propelled by AI,” Dan explained. In 2025, the Company’s heat dissipation business recorded revenue of RMB 1.67 billion, grew by 410.9% year-on-year. This performance has further solidified the Company’s position as one of the leading global suppliers in consumer electronics heat dissipation. “As AI technology continues to advance, related application scenarios are expected to extend from smartphones to a wider range of devices, including laptops and tablets, generating strong momentum for the Company’s overall growth.”The acquisition of Yuandi Technology, with more notable strategic significance, has allowed AAC to formally enter the data center liquid cooling, AI server heat dissipation, and high-end thermal solutions sectors, and extend its capabilities from “terminal-side heat dissipation” to “AI infrastructure heat dissipation” creating a synergistic “terminal + infrastructure” development model. Dan stated clearly, “Leveraging the substantial market opportunities across multiple sectors, our heat dissipation business has the potential to reach and even exceed a scale of RMB 10 billion in the coming years, positioning it as a highly promising and important growth engine for the Group.”In the XR optical waveguide field, through the acquisition of Dispelix — a global leader in AR diffractive waveguide technology — AAC has become one of the few industry players with vertically integrated capabilities spanning optical waveguide design and manufacturing. The Company can now offer one-stop full display module solutions, encompassing optical waveguides, optical engines, push-pull lenses, eye-tracking systems, and electrochromic technology. AAC is expected to become the world’s first supplier to achieve mass production of SRG full-color optical waveguides for leading customers in 2026. Dan disclosed, “The per-unit value in the optics business can reach USD 100–200. These initiatives are expected to deliver clear mass production and shipment opportunities within the next two to three years, continuously generating significant value in revenue, profit, and long-term market expansion.”Regarding the robotics field, Dan pointed out that the industry’s market definition, application scenarios, and product forms are still evolving and remain in a diverse exploratory stage. AAC has long maintained deep involvement and has established comprehensive layouts across multiple core areas, including acoustics, motors, optics, structural components, and electromechanics, laying a solid foundation to capture opportunities as the sector matures. “For example, our dexterous hand products for humanoid robots have already entered mass production and shipments, generating over RMB 100 million in revenue last year. In addition, we are co-developing the first motor, as a core component for AI hardware devices, with our customers. Overall, the Company has built deep cooperation with leading domestic and international customers, and we believe we will become an important player in this field in the future.”4. Strategic Review: Combining Technology Reuse with Ecosystem Construction to Anchor Long-Term GrowthIn AAC’s three-decade development journey, the core driver behind its sustained growth has consistently been rooted in the dual logic of technology reuse and ecosystem construction.Leveraging its long-established, robust technological foundations in micro-acoustics, precision optics, electromagnetic drives, sensors, and semiconductors, the Company has successfully upgraded and expanded its business, with its focus shifting from mobile phones and consumer electronics to emerging high-growth areas, including AI terminals, robotics, XR, smart vehicles, and data center infrastructure. This approach enables its core technological capabilities to be efficiently migrated and continuously amplified across diverse application scenarios.This development model — “upgrading application scenarios without changing underlying technology” — not only ensures the stability and success rate of business transformation but also allows the Company to rapidly address capability gaps through strategic ecosystem integration, such as the acquisitions of Dongyang, PSS, Chuguang, and Yuandi. Together, these efforts have created a virtuous cycle of “technology–product–scenario–customer.”The clear pathway to realizing this cycle was articulated by Dan in her outlook: Looking ahead to 2026 and beyond, AAC will position itself as a “builder of AI perception infrastructure,” deepen cross-business synergy and full-scenario coverage, accelerate its expansion into the “AI blue ocean,” strengthen its global footprint, and continue riding the wave of industry development to achieve new heights.source as Forbes(https://www.forbeschina.com/investment/71292) Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Ebony Kenney Becomes the Most Accomplished Female Player in Triton Poker History iGame

Ebony Kenney Becomes the Most Accomplished Female Player in Triton Poker History

(AsiaGameHub) - Americas Cardroom Pro Ebony Kenney has achieved the distinction of becoming the most accomplished female player in Triton Poker history, continuing her impressive performance at the elite levels of the game. Kenney's ascent in the Triton arena has been characterized by consistent achievements. She made a significant breakthrough at the 2022 Triton Super High Roller Series, securing a 5th-place finish in the $200,000 Coin Rivet Invitational, which earned her $1.7 million—a notable sum for a woman in poker history. Following this success, she achieved another 5th-place finish in a $25,000 event, earning $240,500. More recently, in 2025, she secured a runner-up position in a $15,000 High Roller, taking home $614,500. Throughout her career, Kenney has amassed over $3.3 million in live tournament winnings, demonstrating a consistent presence in high-stakes competitions. She has also been among the pioneering women to participate in Triton's most exclusive invitational tournaments. Now, she is focused on building upon this success. Kenney has successfully bagged chips and is positioned in 10th place heading into Day 2 of the $40,000 Mystery Bounty, remaining a strong contender for another deep run. “Ebony continues to raise the bar—not just for women in poker, but for everyone competing at the highest level,” stated Americas Cardroom CEO Phil Nagy. “She’s proving, again and again, that she belongs in the biggest games in the world.” Day 2 was scheduled for Friday, March 20, 2026. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Esports Nations Cup Names Partners in Over 100 Countries

(AsiaGameHub) - The Esports Foundation has appointed National Team Partners across over 100 countries and territories for the 2026 Esports Nations Cup. The tournament will make its debut in Riyadh between November 2 and November 29, 2026, with a format centered on national teams instead of club competitions. Good to Know Over 630 applications were submitted from 150 countries and territories. This event will take place every two years and run concurrently with the annual Esports World Cup. Nations without a designated partner will receive support through regional frameworks. Esports Nations Cup Establishes a National Team Framework A core pillar of this initiative is local autonomy. Rather than imposing a single standardized structure across all markets, the Esports Foundation noted that partners will oversee team formation, mobilize local communities, and establish the necessary systems for participation and sustained growth. This sets the project apart from traditional club-focused esports circuits. National teams will originate from local governing bodies, clubs, or combined alliances, tailored to the existing operational landscape of each market. In some regions, this will involve established groups such as the Korea Esports Association and the Saudi Esports Federation. In other areas, it will mean club-led coalitions in Brazil and the United States, or hybrid public-private models in Germany, Canada, and the United Arab Emirates. “The Esports Nations Cup brings something esports has never seen before: a global national team system at an unmatched scale,” said Ralf Reichert, CEO of the Esports Foundation. “The feedback we received from across the globe shows that communities are ready for this next phase. Together with our partners, we are building the frameworks that will allow players to represent their nations and compete on esports’ biggest stage. With over 100 nations now part of this system, the Esports Nations Cup has moved from concept to reality — cementing national esports as a lasting part of the global competitive gaming landscape.” The Esports Foundation explained that the partner roster mixes long-established esports groups with emerging forces driving competitive gaming forward. In markets including Malaysia, Turkey, and Thailand, partners include federations closely tied to grassroots gaming communities. In Indonesia and Mongolia, development support will help shape national team representation for the global stage. For fans, the most notable change may revolve around national identity. National teams add a layer that club-based esports does not always offer. South Korea can lean on its long-standing record in League of Legends, Brazil brings a robust Counter-Strike culture, Japan has deep roots in fighting game esports, and parts of Southeast Asia remain leading hubs for mobile gaming competition. India was also highlighted for its chess esports scene. Riyadh will host the inaugural edition in November 2026, after which the tournament will shift to a rotating host city model. This biennial setup is intended to complement the annual Esports World Cup and provide players and industry stakeholders with a more consistent pathway for national team investment. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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DigiPlus Participates in Discussions on Philippines Gaming Overhaul

(AsiaGameHub) - DigiPlus Interactive Corp has expressed its support for a comprehensive regulatory revamp of the Philippine online gaming industry as government legislators and Pagcor increase their supervision of the sector. Good to Know DigiPlus stated it is participating in a technical working group that is crafting new laws. The firm anticipates more stringent regulations, rather than a complete prohibition of online gaming. DigiPlus also mentioned that prediction markets are in preliminary discussions with Pagcor. DigiPlus Backs Tighter Rules as Philippines Gaming Debate Builds Although some market speculation has centered on the possibility of the Philippines shutting down certain online gaming activities, DigiPlus anticipates an alternative result. President Andy Tsui confirmed that enhanced regulation is a primary focus, but he also stated the company is confident that an outright ban is not probable. “We are involved in the working group and are actively contributing to those conversations,” Mr. Tsui remarked. “We are very confident that a total ban will not occur, and instead, the sector will face stricter regulations,” he continued. “This will be beneficial for building a sustainable, long-term industry.”DigiPlus endorsed a "new, all-encompassing regulatory framework" designed to elevate standards throughout the industry. The company reported that the technical group's efforts are concentrated on bolstering consumer safeguards, imposing stricter controls on payment channels, and increasing restrictions on marketing. Chairman Eusebio Tanco described the initiative as a method to maintain licensed operators in the market while simultaneously elevating compliance benchmarks. “As a licensed and prominent online gaming operator, we consistently welcome cooperation and active engagement in dialogues with the Philippine government to reach our mutual objective of improving industry standards.” He further stated: “By strengthening a market that permits only those operators who follow the highest compliance standards, we guarantee that the advantages of our industry—from employment generation to crucial tax income—are maintained for the benefit of the Filipino people.”DigiPlus currently operates multiple gaming brands in the Philippines, such as BingoPlus, ArenaPlus, and GameZone. Concurrently, the company highlighted its implementation of player protection measures, including a surety bond program and expanded over-the-counter payment choices via Bayad and Pay&Go. Prediction markets represent another topic being explored. Mr. Tsui mentioned that DigiPlus has initiated preliminary talks with Pagcor concerning this segment, although the work is in its nascent stages. “We are still in the testing phase… but this type of offering has not yet been launched in the Philippines,” the DigiPlus president observed. He added: “We aspire for it to become an additional service we can introduce in the future.” Legal uncertainties persist regarding this product category. A legal analysis by attorney Marie Antonette Quiogue indicated that Philippine law classifies wagering on outcomes that involve any element of chance as gambling, which implies that any local launch would require official legal approval and a license from Pagcor. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Tether Engages Big Four Accounting Firm for USDT Audit

(AsiaGameHub) - Tether announced it has engaged a Big Four accounting firm to conduct an independent financial audit related to USDT. The assessment is scheduled to encompass reserve support, financial management, reporting, and broader operations associated with the stablecoin business. Good to Know Tether stated that USDT holds a market value exceeding $184 billion. The firm noted that over 550 million users globally depend on the stablecoin. The audit will evaluate digital assets, conventional reserves, and tokenized liabilities. Instead of restricting the review to cash support alone, Tether indicated the audit will assess a wide range of reserves and systems connected to USDT. This includes digital assets, traditional reserve holdings, tokenized liabilities, internal processes, financial reporting, and general operations. The company characterized the process as among the largest inaugural audits in financial markets. Given USDT's size, the scope is significant. Tether reported that the stablecoin currently has a market capitalization surpassing $184 billion and serves over 550 million users globally. For years, the quality of reserves and transparency have been key concerns regarding stablecoins. Against this background, Tether is positioning the audit as a direct evaluation of how its systems perform under external scrutiny by one of the world's largest accounting networks.Paolo Ardoino said: “Tether’s mission has always been to establish trust through actions, not just words. Trust is fostered when institutions are ready to fully subject themselves to examination. This audit reflects years of effort to enhance our systems, enabling Tether to meet the highest standards used in global finance. For the hundreds of millions of individuals and businesses that depend on USDT daily, this audit is more than a compliance task; it is about accountability, robustness, and confidence in the infrastructure they rely on.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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New Jersey Governor Calls for Legislative Vote on Atlantic City Casino Smoking

(AsiaGameHub) - New Jersey Gov. Mikie Sherrill wants Atlantic City casino smoking regulations resolved by the Legislature, rather than being left to the courts. Her remarks draw fresh focus to two bills that would either eliminate indoor smoking or allow it to continue with stricter restrictions. Good to Know One bill would prohibit smoking throughout Atlantic City casino floors. Another would permit smoking solely in enclosed, individually ventilated spaces. Casino workers continue to be divided over jobs, health, and the long-term impact on revenue. Casino Smoking Fight Returns to New Jersey Legislature Legal proceedings are ongoing, but Sherrill stated that lawmakers still must take action. In an interview with The Press of Atlantic City, she noted the issue belongs in the legislative process and that hearings are necessary to balance worker health against economic risk. Per current regulations, casinos may permit smoking on up to 25% of the gaming floor. However, smoke doesn’t remain confined and can waft into nonsmoking areas. Two bills are back under consideration. S212 would fully ban smoking in Atlantic City casinos. S698, sponsored by Sens. John Burzichelli and Michael Testa, would retain smoking but restrict it to enclosed, separately ventilated areas engineered to prevent air from flowing into nonsmoking spaces. This bill would also prohibit managers from mandating employees to work in smoking sections and establish a 15-foot buffer zone from live-dealer table games.Sherrill stated: “There’s ongoing litigation, but they truly need legislation,” She also mentioned she intends to discuss the timing of long-delayed proposals with legislative leaders. Pressure has been mounting for years. Casino workers have spent approximately five years demonstrating and lobbying for change, and ban supporters claim they have support from around two-thirds of the Legislature. Nevertheless, bills have repeatedly gotten stuck. One measure passed a Senate committee over two years ago but expired when the legislative session concluded. The debate among workers has split into two camps. CEASE has advocated for a complete ban, asserting that secondhand smoke poses long-term health risks to casino employees. Unite Here Local 54 has taken the opposing stance, cautioning that a ban could reduce revenue, lead to job losses, and even put some casino operations at risk. Atlantic City casino operators have echoed these concerns. Pete Naccarelli, a dealer at Borgata Hotel Casino & Spa and a CEASE representative, expressed approval of the governor’s remarks. He stated:“We’ve lost far too many colleagues because of the Legislature’s inaction over the past 20 years. “No worker wants to inhale toxins for eight hours a day. With majority backing in both chambers, we implore the Legislature to heed the governor’s call for action and at last close the two-decade-old casino smoking loophole before more of us perish.” Sherrill also highlighted external pressures on Atlantic City. She noted that three planned casinos in New York City are anticipated to impact customer traffic and revenue, so any decision must take into account jobs and the local economy alongside worker safety. Ban supporters dispute the claim that smoke-free casinos inevitably lose business. They cite studies they say demonstrate smoking bans no longer ensure revenue drops. Meanwhile, workers advocating for a ban have also turned to state court, creating a parallel process as legislation remains unresolved. Public health trends add another dimension to the debate. Data from the Centers for Disease Control and Prevention’s National Health Interview Study, cited by advocates, revealed that 9.9% of U.S. adults reported smoking cigarettes in 2024, a decrease from 20.1% roughly 20 years prior. FAQ What did Mikie Sherrill state about casino smoking? She said the issue should be addressed via legislation instead of being left to the courts.What would S212 accomplish? S212 would prohibit smoking in Atlantic City casinos. What would S698 do? S698 would permit smoking only in enclosed, separately ventilated spaces with additional worker safeguards. Why are workers split? Some workers want a complete ban for health purposes, while others are concerned about revenue losses, job cuts, and potential casino shutdowns. What is the existing smoking regulation for Atlantic City casinos? Smoking is permitted on up to 25% of casino floor space, though smoke can spread beyond those areas. What external factor did Sherrill reference? She highlighted three planned casinos in New York City as a competitive challenge to Atlantic City. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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India Blocks Another 300 Illegal Betting Sites

(AsiaGameHub) - India has blocked around 300 additional illegal betting and gambling websites and apps as officials continue to tighten enforcement of online gaming regulations. Good to Know Authorities stated that the total number of blocked sites and apps has now reached approximately 8,400. Targeted platforms included sports betting sites, offshore casinos, betting exchanges, satta, matka, and real-money gaming apps. Current legislation prohibits online money games while still making room for esports and online social gaming. A new round of enforcement in India has taken down roughly 300 illegal betting and gambling platforms, expanding on a far larger national blocking campaign already in operation. Officials noted that many operators were reaching users through mobile apps and mirror sites while operating without authorization. Rather than focusing on a single market segment, authorities adopted a broad approach. The latest crackdown covered offshore casino sites offering games like slots and roulette, online sports betting platforms, peer-to-peer betting exchanges, and satta and matka networks. Real-money card and casino gaming apps were also part of the sweep. Authorities report that around 8,400 illegal gambling and betting sites and applications have been blocked so far. The latest action aligns with a broader enforcement push that accelerated after the Online Gaming Act was passed last year.Under this law, India imposed a sweeping ban on online money games. Games of chance are restricted, but so are games of skill and hybrid formats when money is involved. In practice, regulators are not distinguishing significantly between different formats if cash wagering is part of the activity. The regulations extend beyond the games themselves. Advertising, promotion, and facilitation are prohibited, and financial channels linked to the platforms face restrictions as well. Banks and payment systems are barred from processing related payments, giving regulators another avenue to pressure illegal operators out of the market. Meanwhile, the policy framework retains space for sectors the government aims to support. Esports and online social gaming remain part of this focus, with officials emphasizing innovation and growth in these categories over money-based gambling products. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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The NBA Commences the Formal Bidding Stage for Las Vegas and Seattle

(AsiaGameHub) - The NBA has initiated the official process for potential teams in Las Vegas and Seattle, following owners' approval of a market review on Wednesday. Key Details All 30 owners cast affirmative votes, despite only 23 being required. Individual franchises are estimated to fetch between $7 billion and $10 billion. This vote marks the commencement of the process; however, no team has been granted at this stage. NBA Starts Formal Expansion Review Discussions spanning several years have now transitioned into an official procedure. The league announced that PJT Partners will provide counsel on market viability, potential ownership consortia, proposed arena facilities, and the broader economic impact of expansion. “Today’s vote reflects our Board’s interest in exploring potential expansion to Las Vegas and Seattle – two markets with a long history of support for NBA basketball,” stated NBA Commissioner Adam Silver. “We look forward to taking this next step and engaging with interested parties.” Financial considerations are central to this initiative. Initial projections estimate each new franchise's value at $7 billion to $10 billion, with both cities anticipated to be among the league's highest-revenue markets. This prospect seems to have alleviated worries regarding the distribution of shared revenue among 32 teams rather than 30.Las Vegas previously encountered opposition due to Nevada being the sole state permitting legal sports betting. This situation evolved following the repeal of PASPA in 2018, with legal wagering now permissible in over three dozen states. Significant interest is anticipated for Las Vegas. Nevada Governor Joe Lombardo has reportedly engaged in discussions with Silver and also conferred with Magic Johnson regarding potential ownership, as per the Las Vegas Review-Journal. “I’m very excited to see the NBA advance this process toward a Las Vegas expansion team,” Lombardo remarked in a statement. “Today’s vote by the NBA Board of Governors is a testament to the incredible growth we’re seeing in Southern Nevada and our state’s business-friendly environment.” Additional potential bidders encompass Bill Foley and prominent ownership entities like Fenway Sports Group, Kroenke Sports & Entertainment, and Harris Blitzer Sports & Entertainment. Recent franchise transactions further elucidate the valuation prospects, with the Los Angeles Lakers achieving a $10 billion valuation and the Boston Celtics selling for $6.1 billion in 2025. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Isle of Man Considers Fines for Gambling Executives in AML Cases

(AsiaGameHub) - The Isle of Man Gambling Supervision Commission has launched a consultation on proposed legislation that would enable regulators to impose fines on senior gambling industry personnel for anti-money laundering shortcomings. The measure increases scrutiny on individuals rather than solely on licensed operators. Good to Know The consultation period ends on May 25. Potential sanctions may apply to directors, compliance officers, and other senior staff members. A recent enforcement action against Shelgeyr Limited has brought compliance deficiencies back into the spotlight. Isle of Man Considers Individual AML Penalties Proposed legislation in the Isle of Man would significantly expand gambling enforcement reach. Rather than restricting penalties to operators, regulators are seeking authority to levy civil penalties on individuals who contribute to compliance failures through "consent, connivance, or negligence." The draft Gambling Legislation (Amendment) Bill 2025 would expose directors, compliance officers, and other senior employees to potential financial sanctions. Essentially, the Gambling Supervision Commission aims to establish dual accountability—one layer for the corporate entity and another for individuals overseeing compliance frameworks. This move coincides with the jurisdiction's ongoing assessment of its financial crime risk exposure as "medium high," a classification maintained since 2020. Officials have also identified gambling as among the sectors most vulnerable to money laundering and terrorist financing threats.The timing reflects recent regulatory action. In the previous month, the Commission imposed a £200,000 penalty on Shelgeyr Limited following an examination that revealed deficiencies in customer due diligence, enhanced due diligence, and continuous monitoring. Regulators noted that certain accounts remained active or were reopened without adequate documentation. The examination also uncovered inadequate verification of fund sources, shortcomings in screening for politically exposed individuals, and documentation issues that compromised audit trails. Additionally, regulators highlighted substandard risk evaluations related to geographic risk and virtual currency exposure. Governance deficiencies also featured in the case. The Money Laundering Reporting Officer and Compliance Officer were deemed to possess insufficient expertise and authority, while training materials had not been refreshed for over a year. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Wealthsimple Targets Prediction Markets in Canada

(AsiaGameHub) - Wealthsimple is poised to enter Canada's prediction market sector, having secured regulatory clearance to provide specific event-based contracts. While the proposed platform will enable users to trade on real-world results, significant restrictions remain in place. Good to Know Wealthsimple obtained CIRO approval for contracts linked to economic indicators, financial markets, and climate patterns. Under the terms of the approval, contracts related to sports and elections are excluded. The company must still secure authorization from every province and territory prior to any localized launch. Wealthsimple Secures Entry into Canadian Prediction Markets Sports and elections will not be included. Nevertheless, Wealthsimple has advanced significantly towards introducing a prediction market trading platform in Canada, having already obtained regulatory approval for a more restricted range of event contracts. Rather than venturing into the most popular categories, the Ontario-based investment firm gained authorization from the Canadian Investment Regulatory Organization to offer contracts linked to economic factors, financial markets, and climate developments. This approval provides Wealthsimple access to a segment of the Canadian market that is still rigorously regulated.The timing is notable given that Canada has not historically been receptive to short-term event contracts. A 2017 ruling largely deemed short-term binary contracts unlawful within the nation. Despite this context, an exemption applies to firms regulated by CIRO, a category Wealthsimple now falls into. Matthew Burgoyne, a partner and chair of the digital assets and blockchain practice at Osler, Hoskin & Harcourt LLP in Calgary, commented: “(The limitations establish) a secure environment for Canadian residents to engage in trading these kinds of contracts,” Consequently, while numerous firms are still excluded, CIRO-regulated entities can still participate due to exceptions acknowledged by the Canadian Securities Administrators. Wealthsimple is now the second company to achieve this, after Interactive Brokers Canada, which secured CIRO approval last April. However, national industry-level approval does not imply immediate trading access for Canadians. Wealthsimple must still obtain distinct approval in every province and territory before local consumers can engage with these markets. The Ontario Securities Commission informed The Globe and Mail that it would not disclose specifics on individual situations.An additional perspective is also relevant. Interactive Brokers Canada primarily caters to seasoned traders and institutional clients. Wealthsimple, conversely, is anticipated to target a wider retail demographic, potentially expanding the consumer base for prediction markets in Canada should provincial approvals materialize. Currently, no live Wealthsimple prediction markets are available for Canadian users. Nevertheless, the approval provides the sector with an additional entry point and contributes to the momentum of a market framework that remains restricted, regulated, and confined to particular contract categories. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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TransNusa Becomes First Indonesian Airline to Receive Additional Flight Frequencies from World-Renowned Changi Airport in 2026 ACN Newswire

TransNusa Becomes First Indonesian Airline to Receive Additional Flight Frequencies from World-Renowned Changi Airport in 2026

TransNusa To Operate Additional Frequencies for Both Singapore-Jakarta and Singapore-Bali Routes- Additional frequencies respond to strong demand for travel between Indonesia and Singapore while strengthening regional connectivity- Both routes received additional scheduled flight slots, providing TransNusa passengers options for day travel- TransNusa increases its minimum baggage allowance to 20kgs, in addition to the 7kg hand carry for it’s minimum package bundle, SEAT, and increased minimum baggage allowance to 30kgs for its highest bundle, Flexi-ProJAKARTA, Mar 25, 2026 - (ACN Newswire via SeaPRwire.com) - PT TransNusa Aviation Mandiri (TransNusa) today announced the launch of additional scheduled flights between Jakarta and Singapore as well as Jakarta and Bali, further strengthening connectivity between two of Southeast Asia’s paramount business and tourism travel hubs.TransNusa Group Chief Executive Officer, Datuk Bernard Francis said that the additional scheduled flight between Soekarno–Hatta International Airport in Jakarta and Singapore Changi Airport will start on April 17 while the additional flight from Gusti Ngurah Rai International Airport in Bali to Changi Airport will start on May 2. Sale of tickets for both additional scheduled flights started on March 17 and can be bought directly from transnusa.co.id or on any main online travel agency platform.The additional flights are part of the TransNusa’s broader strategy to expand regional connectivity and respond to the growing demand for travel between Indonesia and Singapore—two markets with strong economic, cultural, and tourism ties.“Singapore is one of the region’s vital aviation and commercial hub, and these additional flights will provide travellers with greater flexibility while supporting trade and tourism between the two countries,” Datuk Bernard added.“The Jakarta–Singapore corridor is one of the busiest international routes in the region, serving millions of travellers each year. By increasing capacity on this route, we aim to provide a more seamless connections for passengers traveling across Southeast Asia and beyond,” Datuk Bernard stressed, adding that TransNusa’s passengers will benefit from improved scheduling options, allowing for easier same-day connections to a wider network of destinations.“Our goal is to continue improving accessibility across Southeast Asia by increasing frequencies on high-demand routes,” explained Datuk Bernard.Flight DetailsTransNusa’s additional scheduled flight, 8B 155, will depart Jakarta at 07.45pm from Soekarno-Hatta International Airport in Jakarta and arrive at the Singapore Changi Airport at 10.25pm. The flight, 8B 156, will depart Singapore Changi Airport at 11.20pm and arrive at Soekarno-Hatta International Airport in Jakarta at 12.10am.With the launch of this news additional Frequency, TransNusa will be operating three daily flights from Jakarta to Singapore effective April 17, 2026.On the Bali-Singapore route, TransNusa's new scheduled flight, 8B 553, will depart the Gusti Ngurah Rai International Airport at 10.20am and arrive at Changi Airport at 01.15pm. Meanwhile, TransNusa’s flight, 8B 554, will depart Changi Airport at 02.15pm and arrive back at the Gusti Ngurah Rai International Airport in Bali at 05.55pm.TransNusa will be utilising its Airbus A320 for both the international routes.TransNusa, which aims to ensure its passengers travel with ease and comfort, has configured its A320 aircrafts with a 174-seat configuration, which allows for passengers to enjoy about 30 inches of legroom, comparable to the experience passengers would get in a full-service airline."We are committed to providing affordable and competitive ticket prices, while still providing premium services to our customers,” stressed Datuk Bernard.For its international flights, TransNusa not only provides premium services with competitive ticket prices, but the airline also has attractive product bundles called SEAT, SEAT-PLUS and FLEXI-PRO."Our SEAT passengers will now enjoy check-in baggage of 20kgs,” Datuk Bernard said, explaining that the baggage offering was over and above the 7kgs limit offered as a passenger’s hand carry.“For the highest package, FLEXI-PRO, we have increased our baggage allowance to 30kgs, free to choose seats, free food, and drinks, and priority boarding. In addition, TransNusa also provides its FLEXI-PRO passengers with the flexibility to change their flight schedule without restrictions and obtain refund when needed,” concluded Datuk Bernard.About TransNusaTransNusa Airline, is a Premium Service Carrier. In February 2024, the airline rebranded itself to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered. TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022.In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta and Bali.On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur, Perth, Shanghai, and Shenzhen. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model. Passengers can book their flights on the TransNusa website at www.transnusa.co.id, through any secure online travel agent, through authorized travel agents in Singapore and Indonesia.Primary International Media ContactTrina Thomas RajMobile: +6012 4992672E-mail: trina@myqaseh.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Formerra Announces Transportation Surcharge to Address Ongoing Freight and Logistics Market Pressures ACN Newswire

Formerra Announces Transportation Surcharge to Address Ongoing Freight and Logistics Market Pressures

CLEVELAND, Ohio, Mar 26, 2026 - (ACN Newswire via SeaPRwire.com) - Formerra, a leader in performance materials distribution, announced the implementation of a transportation surcharge to address continued cost escalation across the Americas freight and logistics market. Beginning April 1, 2026, a $350 per delivery surcharge will apply to all shipments.The freight and logistics market continues to experience elevated costs driven by rising diesel prices, evolving regulatory requirements affecting driver availability, tighter trucking capacity, and increasing operating expenses across the logistics sector. Industry forecasts indicate these pressures will persist for the foreseeable future."Maintaining reliable service for our customers requires us to adapt to sustained shifts in the transportation landscape," said Tom Kelly, Formerra CEO. "This surcharge is necessary to address these industrywide cost pressures that are outside of our control while continuing to provide the high service levels customers expect from Formerra."Customers should contact their Formerra representative for more information.About FormerraFormerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.Media ContactJackie MorrisFormerraMarketing Communications Managerjackie.morris@formerra.com+1 630-972-3144SOURCE: Formerra Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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