Taiwan Cracks Down on Money-Laundering Scheme Exploiting Macau Casinos iGame

Taiwan Cracks Down on Money-Laundering Scheme Exploiting Macau Casinos

(AsiaGameHub) - Taiwan has successfully dismantled a multi-billion-dollar criminal network that exploited Macau’s casinos to launder illegal funds. Ten individuals have been charged with running the operation and violating Taiwanese law. The Operation Laundered Money via Macau’s Casinos Taiwan’s Criminal Investigation Bureau announced it had shut down the scheme, said to be operated by a 31-year-old man. The ringleader behind the operation is accused of recruiting others to act as money mules and help launder the funds. The criminals are reported to have cleaned illegal proceeds from mainland China through bank transfers. They allegedly used proxy accounts to hide the money’s source, then moved the funds into multiple accounts to exploit credit card overpayment mechanisms and artificially inflate available credit limits. Next, the money mules would travel to Macau, purchase casino chips, gamble briefly, and then cash out. This process effectively laundered the illegal funds, making them appear as money legally earned in Macau. Ten People Have Been Indicted Yesterday, the Yunlin District Prosecutors Office said authorities uncovered nearly $9 billion in laundered funds. Investigators found that $1 billion had been transferred into Taiwan and seized $8 million from various accounts. Other confiscated items included mobile devices, money counters, and multiple credit cards. Members of the money-laundering ring face accusations of violating Taiwan’s gambling and anti-money laundering rules. Officials stressed that the sums they laundered were staggering and that the operation threatened Taiwan’s financial order. The Yunlin District Prosecutors Office vowed to continue protecting financial order from cross-border financial crime and punish all types of illegal financial activity. The office added it would use all resources to prevent criminal groups from evading legal penalties through overseas operations. Taiwan Busted a $1B Illegal Gambling Operation This is not the first time criminal gangs have exploited financial systems to generate illegal income. Earlier this year, Taiwanese authorities cracked down on an illegal gambling operation that posed as a diner. The operation had found ways to move money to and from illegal gambling websites while avoiding safeguards. This allowed visitors to the den to deposit and withdraw funds to the illegal sites and participate in gambling. Later, the operation’s mastermind launched his own online gambling website, which processed nearly $1 billion in transactions. 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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Scandium Mining Releases Updated Presentation Showcasing Its Only Shovel-Ready Primary Scandium Deposit ACN Newswire

Scandium Mining Releases Updated Presentation Showcasing Its Only Shovel-Ready Primary Scandium Deposit

Reno, Nevada--(ACN Newswire via SeaPRwire.com - March 24, 2026) - Scandium Mining Corp. (TSXV: SCY) (OTC PINK: SCYYF) ("Scandium International" or the "Company"), a leader in the advancement of critical mineral resources, is pleased to announce the release of its updated investor presentation, now available to investors and stakeholders. The new presentation can be accessed here: Investor PresentationThe new investor presentation provides updated information on the Nyngan project in New South Wales, Australia, which is now fully shovel-ready. This project is one of only two primary scandium deposits at this advanced stage in the western world, positioning the company at the forefront of the emerging scandium market.Scandium is an essential element in high-performance applications, including aerospace, defense, and clean power generation. Its unique properties-such as exceptional strength-to-weight ratio and improved corrosion resistance when alloyed with aluminum-make it indispensable for the next generation of lightweight, durable materials. As demand grows for advanced technologies and sustainable solutions, scandium's role is increasingly being recognized by innovative manufacturers and governments alike."We're excited to share this comprehensive update on our progress," said Peter Evensen, CEO of Scandium International. "With our mining license now valid over the entire resource, the project is shovel-ready and we are uniquely positioned to supply scandium at scale to industries that are shaping the future."To view the latest presentation and learn more about Scandium Mining's plans, visit: Scandium International Mining CorporationAbout Scandium MiningScandium Mining is dedicated to unlocking the potential of scandium for high-impact industries worldwide. With its shovel-ready primary scandium deposit, the company is committed to responsible development and long-term value creation.For inquiries to Scandium International Mining Corp, please contact: Peter Evensen, President and CEOTel: (775) 355-9500Harry de Jonge (Controller)Tel: (702) 703-0178Email: info@scandiummining.comCautionary Note Regarding Forward-Looking InformationThis news release includes certain information that may be deemed "forward-looking information". Forward-looking information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "believe", "continue", "plans" or similar terminology, or negative connotations thereof. All information in this release, other than information of historical facts, general future plans and objectives for the Company and the Nyngan Scandium Project, are forward-looking information that involve various risks and uncertainties. Although the Company believes that the expectations expressed in such forward-looking information are based on reasonable assumptions, such expectations are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking information.For more information on the Company and the key assumptions, risks and challenges with respect to the forward-looking information discussed herein, and about our business in general, investors should review the Company's most recently filed annual information form, and other continuous disclosure filings which are available at www.scandiummining.com Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289611 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Ukraine to Ban Gambling for Armed Forces Personnel iGame

Ukraine to Ban Gambling for Armed Forces Personnel

(AsiaGameHub) - The Ministry of Digital Transformation of Ukraine has announced a new reform it intends to implement alongside the Ministry of Defense of Ukraine, effectively banning military personnel from gambling. The thinking behind this decision is simple: to boost morale and prevent service members from falling victim to a potentially harmful habit—one that could erode their combat readiness and have deeper strategic consequences for Ukraine’s military, which has been at war with Russia since February 2022. Ukraine Aims to Block Vulnerable Players and Military Personnel from Gambling In a statement, the ministry said, “We are continuing our systematic fight against gambling addiction. Our goal is to protect service members and their families from the risks and impacts of problem gambling. To do this, together with the Ministry of Defense, we are creating a mechanism to limit defenders’ participation in gambling during martial law.” The ministries will introduce a mandatory verification process that checks if a casino user is on a self-exclusion list or in the military. Any matches will result in the account holder being blocked from playing further. While this initiative is welcome and serves as a reasonable safeguard, its success will also depend on how well those denied access to gambling operators are monitored and supported afterward. Many gambling websites have been set up on both sides of the frontline, with the stated goal of pushing more people into reckless gambling. Concerns Persist Even With Safeguards in Place Though Ukraine has largely acted against such sites, service members with a gambling urge may still turn to unlicensed and predatory websites that worsen their condition. For this reason, any measures the ministries adopt should address this issue. A worry that military information could be leaked to operators has already been tackled, as the verification system will not explicitly state why someone was banned from playing. PlayCity will oversee the reform’s rollout, with the newly launched regulator having already blocked 2,500 illegal gambling websites in 2025 alone. 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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Baguio Green Group (Stock Code: 01397) Announces 2025 Annual Results, Profit surges 72% to HK$97 million, Hits historical high since listing ACN Newswire

Baguio Green Group (Stock Code: 01397) Announces 2025 Annual Results, Profit surges 72% to HK$97 million, Hits historical high since listing

HONG KONG, Mar 24, 2026 - (ACN Newswire via SeaPRwire.com) - Baguio Green Group Limited (‘‘Baguio’’ or the ‘‘Group’’, Stock Code: 01397.HK) is pleased to announce its annual results for the year ended 31 December 2025 (the “Year”).During the Year, the Group’s revenue amounted to approximately HK$2,424.6 million, representing a decrease of approximately 6.9% as compared to the same period last year. Profit for the Year amounted to approximately HK$97.1 million, representing an increase of approximately 72.0% as compared to the same period last year. The Board recommends the payment of a final dividend for the Year at HK7.0 cents per share.Business Overview and ProspectsDuring the Year, revenue from cleaning services as the Group’s core business amounted to approximately HK$1,896.5 million, accounting for approximately 78.2% of the Group’s total revenue. The Group’s cleaning services cover various scenarios, including for Government streets, markets, police stations, fire stations, leisure venues, hospitals and clinics. In addition, the Group provides cleaning services for numerous different places such as universities, large exhibition centers, Hong Kong International Airport, housing estates and private institutions.During the Year, the Group successfully awarded a 3-year contract from the Marine Department of the Government for approximately HK$150 million for the provision of “Marine Refuse Cleansing and Disposal Services in the Eastern waters of Hong Kong”. This contract marks a significant milestone for Baguio, as it represents a strategic expansion of its service portfolio from land to sea, further strengthening its leading position in Hong Kong’s integrated environmental services market. Under the contract, Baguio delivers comprehensive marine refuse cleansing and ship refuse collection services in the Eastern waters of Hong Kong starting from 1 October 2025 including, but not limited to: Victoria Harbour, Central, Sheung Wan, Causeway Bay, Tsim Sha Tsui, Yau Ma Tei, Cheung Sha Wan, Shau Kei Wan, Kwun Tong, Sai Kung, Tolo Harbour and Tai Po. Winning this contract signifies strong market recognition of Baguio’s outstanding performance over the past 46 years. The Group will seamlessly extend its professional standards and operational efficiency in land-based waste management to the marine environment, striving to safeguard Hong Kong’s valuable marine ecosystem and present a cleaner, more beautiful Victoria Harbour to both residents and tourists.Waste management and recycling business recorded revenue of approximately HK$277.8 million, accounting for approximately 11.5% of the Group’s total revenue. The gross profit margin of the waste management and recycling business increased from 11.6% for the same period last year to 15.0%, driving the gross profit of this business up by approximately 25.2% to approximately HK$41.9 million, mainly due to the Government’s proactive promotion of recycling and the substantial expansion of the network of recycling spots, including those for food waste, which facilitated public participation and effectively stimulated collection, and the contribution from the green technology business.The Group continued to provide Government-related waste collection services to five districts, serving a population of approximately 1.6 million.In terms of recycling, the Group is contracted by the Environmental Protection Department (“EPD”) of the Government to provide collection services for thousands of recycling spots (including plastics, glass bottles, metals, waste paper and food waste) across Hong Kong. During the Year, the Group provided collection services for recycling bins in public places and schools. Baguio also provides collection services for Recycling Stations of “GREEN@COMMUNITY”, recycling stores and smart recycling machines, and other institutions in Hong Kong. In addition, Baguio also provides the Government with glass bottles collection and management services and food waste collection services in several districts in Hong Kong, and is one of the market leaders. In addition, during the Year, the Group was successfully awarded two 35-month contracts from the EPD, with a total value of approximately HK$43 million. During the Year, the Group was responsible for operating the “GREEN@Tai Wo” and “GREEN@Po Lam” recycling stores, and collaborated with nearby buildings, organizations, and community stakeholders to establish and operate fixed and mobile recycling spots for waste collection, provide community recycling support to facilitate citizens, and promote and educate the public on waste sorting and recycling in the community to strengthen citizens’ recycling habits.As a leading environmental services provider in Hong Kong, the Group provides integrated environmental management solutions including waste management, smart recycling and professional landscaping services to Kai Tak Sports Park, which hosts major sports events and concerts. With excellent environmental protection technologies and experience in operating large-scale international venues, the Group has fully demonstrated its strength in undertaking large-scale international programmes and delivering high-quality services. During the Year, the Group also provided waste recycling services for various Lunar New Year fairs across Hong Kong Island, Kowloon and the New Territories.Regarding green technology business, the Group won a new contract in relation to the development and supply of a new generation of solar-powered compacting refuse bins to the Government. This innovative product is designed with an auto-sensing inlet and indicator lights, and under its sealed design, it is equipped with devices for ventilation, lighting, and deodorization. Meanwhile, it is equipped with a big data platform and wireless technology to monitor data in real time, enabling effective tracking of the status of waste collection points, strategic deployment of resources, optimization of operational efficiency, and enhanced planning for future initiatives. Furthermore, the solar-powered compacting refuse bins adopt solar panels and rely on renewable energy, which significantly reduces carbon emissions. They can be flexibly deployed in various scenarios, suitable for remote areas where there are no refuse collection points. This product is expected to be gradually launched into the market in 2026.The Group seizes the opportunity of smart city development and has been committed to expanding its market share of smart recycling in recent years. Currently, Baguio’s smart recycling products, such as smart recycling machines, smart food waste recycling machines, and smart balances, have been deployed in different places across Hong Kong, including Government venues and schools, private housing estates, commercial buildings, theme parks, large-scale exhibition venues, and sports stadiums. These products provide the public with convenient recycling services 24 hours a day and help increase Hong Kong’s overall recycling volume.In partnership with Jardine Engineering Corporation Limited, the Pilot Biochar Production Plant at the EcoPark in Tuen Mun converts yard waste into high-quality biochar with pyrolysis technology for various applications, the production plant effectively “turns waste into useful resources”.As for the landscaping business, the Group provides landscaping services for a wide range of clients, including large private residences, Government premises, schools, shopping malls, hotels, Hong Kong Housing Authority, Hospital Authority, Hong Kong Jockey Club, Hong Kong Science Park, the University of Hong Kong, Hong Kong University of Science and Technology, Hong Kong Wetland Park, as well as 33 sports turf venues under the Leisure and Cultural Services Department, etc. During the Year, the Group provided landscaping services for Kai Tak Sports Park, Hong Kong International Airport, Hong Kong-Shenzhen Innovation and Technology Park, Nano Parks, the Tung Chung New Town Extension (West), Hung Shui Kiu/Ha Tsuen New Development Area and the ventilation building at the eastern portal of the Tseung Kwan O – Lam Tin Tunnel.For pest management business, the Group provided pest management services for venues in the Tsuen Wan District during the Year. In addition, the Group provided pest and rodent control services for hospitals, clinics and the headquarters of the Kowloon East, Kowloon Central and Kowloon West Clusters under the Hospital Authority. The Group also continued to provide termite control and monitoring services for 24 temples under the Chinese Temples Committee.The Promotion of Recycling and Proper Disposal of Products (Miscellaneous Amendments) Bill 2025 submitted by the Government was passed by the Legislative Council during the Year. This bill establishes a common legal framework for producer responsibility scheme applicable to different products. Under this framework, the Government plans to submit the producer responsibility scheme on plastic beverage containers and beverage cartons in 2026. The scheme encourages citizens to return used containers for recycling to earn rebate, which will help significantly increase the recycling rate. Benefiting from the scheme, Baguio’s recycling volume is expected to be directly driven up, providing attractive returns for the Group’s long-term investments in recycling services and competitive barriers.The Government is actively developing the Northern Metropolis. Four new development areas include Kwu Tung North/ Fanling North, Hung Shui Kiu/Ha Tsuen, Yuen Long South, and San Tin Technopole are under construction. The Government has resumed more than 400 hectares of private land within these four new development areas, completed land levelling for 80 hectares, and is progressively handing over these lands to relevant departments for building road and railway infrastructure, public and private housing, schools, public markets, ecological conservation, as well as development of innovation and technology industry. The Group believes that this will bring opportunities for many of its core businesses.Looking forward, the Group will continue to increase the market share of its core businesses and proactively engage in expansion in Hong Kong and beyond. Meanwhile, in line with the development of the Group, it will actively explore potential mergers and acquisitions, joint ventures or new business projects to accelerate future business growth and deliver substantial and long-term returns to shareholders.For details of the Group's 2025 annual results announcement, please visit the following website: https://www.baguio.com.hk/en/investor/notices/About Baguio Green GroupEstablished in 1980, Baguio Green Group (Stock code: 01397.HK) is one of Hong Kong’s largest integrated environmental management solution providers. It provides a full spectrum of professional services including professional cleaning, waste collection & recycling, waste management, green technology, green products, horticulture & landscaping, and pest control. The Group delivers innovative environmental solutions using the latest technologies to serve a wide range of customers in various sectors including Government departments, statutory organizations and multinational corporations. Fully committed to ESG, the Group works relentlessly to advance sustainable development and create a cleaner, greener, healthier city for a greener tomorrow. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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USPA Global and ESPN Expand Relationship with Chris Fowler for 2026 High-Goal Polo Championships ACN Newswire

USPA Global and ESPN Expand Relationship with Chris Fowler for 2026 High-Goal Polo Championships

West Palm Beach, FL, Mar 24, 2026 - (ACN Newswire via SeaPRwire.com) - Global Polo, the entertainment subsidiary of USPA Global, continues its historic relationship with ESPN to showcase the sport of polo, which has expanded its reach to millions of households worldwide. The landmark relationship includes legendary ESPN commentator Chris Fowler hosting the USPA Gold Cup® Final on Mar. 29 for the first time, and the U.S. Open Polo Championship® Final on Apr. 26 for the second year, at the USPA National Polo Center in Palm Beach County, Florida, alongside veteran broadcasters Kenny Rice and Polo Hall-of-Famer Adam Snow.Legendary ESPN Commentator, Chris Fowler, at the USPA National Polo Center in Palm Beach County, FloridaPhoto Credit: Alex Pacheco"I've had the privilege of covering some of the most iconic events in sports, and what continues to draw me back to the sport of polo is the unique partnership between the polo player and polo pony, as well as the speed and intensity of competition at the highest level," said Fowler. "Hosting both the USPA Gold Cup and the U.S. Open Polo Championship allows me to share the energy and uniqueness of this beautiful sport with a broader ESPN audience.""There's nothing quite like seeing these world-class athletes and their equine partners compete in such a fast-paced, strategic game," Fowler added.The USPA Gold Cup, first played in 1974, is the second most important tournament in American polo, right next to the U.S. Open Polo Championship, which was first played in 1904. This year's competition will feature 10 elite teams competing at the highest level of the sport from March 4 - 29. The prestigious U.S. Open Polo Championship, played April 1 - 26, is widely recognized as a showcase for many of the world's top players and equine athletes and remains one of the most prestigious polo tournaments globally. Both tournaments have been played back-to-back since they arrived in Palm Beach County, Florida, in 2004. These highly rated polo competitions take place on the U.S. Polo Assn. Stadium Field One at the USPA National Polo Center (NPC) in Wellington, Florida.Coverage of the USPA Gold Cup final in early April, followed by the U.S. Open Polo Championship final match in May, will be available on multiple ESPN platforms, including ESPN2. Check your local listings for specific airtimes."Our long-term relationship with ESPN continues to elevate the sport of polo, the U.S. Polo Assn. brand, and the global momentum behind it," said J. Michael Prince, President and CEO of USPA Global, the company that manages the multi-billion-dollar global sport brand, U.S. Polo Assn. "Chris Fowler's return and expanded presence hosting both the USPA Gold Cup and the U.S. Open Polo Championship further strengthens the momentum and visibility of these world-class tournaments to a global audience.""Supported by ESPN, the sport of polo continues to garner interest from fans around the world," added Prince.Beyond live game coverage, ESPN platforms also feature new episodes of the two-time award-winning show, Breakaway: Presented by U.S. Polo Assn. produced by Global Polo. Viewers can follow exclusive behind-the-scenes coverage, player features, and championship highlights on Global Polo's YouTube channel, including special coverage tied to the USPA Gold Cup and the U.S. Open Polo Championship broadcasts."The United States Polo Association is delighted to see the continued growth of the sport through our relationship with ESPN," said Stewart Armstrong, Chairman of the United States Polo Association (USPA). "The USPA Gold Cup and the U.S. Open Polo Championship represent the highest level of competition at the USPA National Polo Center for the American season, and the increased visibility provided by ESPN underscores the athleticism, dedication, and tradition that define our sport."For the most up-to-date information and breaking news, sign up for the Polo Insider newsletter at globalpolo.com and visit uspolo.org.About ESPNESPN, the world's leading multiplatform sports entertainment brand, features seven U.S. television networks, the leading sports app, direct-to-consumer ESPN+, leading social and digital platforms, ESPN.com, ESPN Audio, endeavors on every continent around the world, and more.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 sport 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.About the United States Polo Association® (USPA)The United States Polo Association® is organized and exists for the purposes of promoting the game of polo; coordinating the activities of its member clubs and registered player members; arranging and supervising polo tournaments, competitions, and games; and providing rules, handicaps, and tournament conditions for those events. Its overarching goals are improving the sport and promoting the safety and welfare of its human and equine participants. Founded in 1890, the USPA is the largest voluntary sports organization in North America for the sport of polo. The USPA is currently made up of more than 200 member clubs and over 5,000 registered player members. It annually awards and oversees roughly 50 national tournaments hosted by its member clubs. For more information, please visit uspolo.org.For Additional Information, Contact:Shannon Stilson - VP, Sports Marketing and MediaPhone +001.561.227.6994 - E-mail: sstilson@uspagl.comStacey Kovalsky - VP, Global PR and CommunicationsPhone +001.954.673.1331 - E-mail: skovalsky@uspagl.comChristine Calcagno - Sr. Publicist, ESPN CommunicationsPhone +001.959.216.8036 - E-mail: christine.b.calcagno@espn.comSOURCE: USPA Global Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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SinoMab (03681.HK) Achieves Approximately 43.3% Year-over-Year Decrease in Annual Losses for 2025, Marking Significant Progress in Pipeline Advancement ACN Newswire

SinoMab (03681.HK) Achieves Approximately 43.3% Year-over-Year Decrease in Annual Losses for 2025, Marking Significant Progress in Pipeline Advancement

HONG KONG, Mar 24, 2026 - (ACN Newswire via SeaPRwire.com) - SinoMab BioScience Limited (“SinoMab” or the “Company”, together with its subsidiaries, the “Group”; stock code: 03681.HK) is pleased to announce its annual results for the year ended 31 December 2025 (the “Year”).During the year, loss for the year was approximately RMB105.0 million, decreased by RMB80.1 million from RMB185.1 million for the year ended 31 December 2024. The Company focused on SM17 Phase 1b clinical, transformation bridging study and preparation of Phase 2 clinical trial in 2025, of which the cost was less than large scale clinical studies in 2024. As at 31 December 2025, total funding available to use was approximately RMB351.5 million, representing a significant increase compared to RMB141.4 million as at 31 December 2024. During the year, the Group gained support from well-known institutional investors including Foresight, Fullgoal, and E Fund, completed two rounds of new share subscriptions under general mandate and successfully raised an aggregate amount of approximately HK$493.7 million in net proceeds. This drove net cash flows from financing activities for the Reporting Period to approximately RMB329.4 million, providing sufficient funding to support subsequent R&D and clinical advancement.SM17 Achieves Multiple BreakthroughsSM17 is a global first-in-class humanised monoclonal antibody (mAb) targeting the receptor for IL-25, which is capable of modulating Type II allergic reaction by targeting the receptor of a critical “alarmin” molecule interleukin-25 (IL-25). The compound has the potential for treating atopic dermatitis (AD), Inflammatory Bowel Disease (IBD), asthma, chronic rhinosinusitis with nasal polyps (CRSwNP) and idiopathic pulmonary fibrosis (IPF).In the field of atopic dermatitis (AD), SM17 precisely targets upstream drivers of Type 2 immune responses by blocking IL-25, a key “alarmin” cytokine, thereby suppressing the inflammatory cascade at its source. While currently approved AD therapies, including biologics, can significantly improve Eczema Area and Severity Index (EASI) scores and patients’ quality of life, current drugs under development or on the market cannot simultaneously meet the clinical needs for rapid itch relief, skin lesion recovery, and good safety profiles, indicating substantial unmet market demand. SM17’s key innovation lies in its upstream modulation of the Th2 inflammatory cytokine pathway via IL-25 receptor inhibition, thereby suppressing multiple downstream pathogenic signaling pathways. Preclinical studies have demonstrated its potential for rapid itch relief, significant skin lesion recovery, and a favorable safety profile, directly addressing the key limitations of current therapies.In April 2025, SM17 achieved encouraging positive results in a Phase 1b study in China for the treatment of moderate to severe atopic dermatitis (AD): 12-week topline data after unblinding showed that in the high dose group, 91.7% of patients achieved pruritus relief (NRS-4), 75% achieved skin healing (EASI 75), and 41.7% achieved clear or almost clear signs of AD (IGA0/1). These results significantly outperform IL-4/IL-13 monoclonal antibodies and demonstrate a significantly better safety and tolerability profile than Janus Kinase inhibitors (JAK inhibitors), making SM17 potentially the first-in-class and best-in-class therapeutics which can simultaneously achieve rapid onset of action on pruritic relief, skin healing with a good safety profile. Study results of SM17 were published in various leading international journals. Phase 2 clinical trial for AD is expected to be entered into as early as mid-2026.On 11 December 2025, an Investigational New Drug application (“IND”) for SM17 in the indication of IBD was filed with and accepted by the Center for Drug Evaluation (the “CDE”) of the National Medical Products Administration of China (“NMPA”), and the IND was subsequently approved in February 2026. This IND submission represents an important step toward expanding SM17’s therapeutic scope beyond AD to IBD, including Crohn’s disease (“CD”) and ulcerative colitis (“UC”), which are chronic, debilitating conditions with significant unmet medical needs. In October 2025, the first cohort of healthy subjects was dosed in a Phase 1 bridging clinical trial for the route of administration conversion in China. As of 31 December 2025, a total of 30 healthy subjects had been enrolled and our follow-up visits for all healthy subjects were completed in February 2026. This bridging study is expected to be completed by the second quarter of 2026. Data from this study will be leveraged to support the progression of the IBD indication directly to Phase 2 clinical development.Early-Stage Pipelines Drive Continuous Innovation GrowthIn terms of early-stage pipeline development, the Company continues to make steady progress. In June 2025, Its partner, Everest Medicines, has announced positive results from the Phase Ib/IIa clinical trial of EVER001 (SinoMab’s SN1011) for the treatment of primary membranous nephropathy (PMN), further enhancing the commercial value of the pipeline.At the same time, multiple early-stage R&D programs are progressing steadily. Anti-CGC antibody is an in-house developed, first-in-class humanised anti-γc antibody. Our in vitro assays suggested that our antibody could suppress inflammation and autoimmunity driven B, T and NK cell activation. Animal studies demonstrated that our antibody could be a potential therapeutic agent for the treatment of vitiligo, alopecia areata and possibly other autoimmune diseases through the modulation of immune cell expansion, autoreactivity and tissue infiltration. We are currently in the process of CMC optimisation and toxicology studies for our antibody and plan to submit our IND application for the treatment of alopecia areata by the fourth quarter of 2026 at the earliest.Bispecific antibody candidate is a novel, bispecific antibody targeting Receptor activator of the nuclear factor kappa-B ligand (RANKL) and sclerostin for bone-related indications. bsAb processes differential mechanisms of action tailored for the treatment of osteoporosis. Our in-house in vitro and in vivo studies demonstrated our candidate to have enhanced efficacy over market-approved antibodies such as Denosumab and Romosozumab. We are currently in the process of optimising CMC and testing toxicity in non-human primates and plan to submit our IND application by the first half of 2027 at the earliest.Expanding Strategic Partnerships and Gaining Strong Industry RecognitionsIn August 2025, the Company entered into a comprehensive strategic cooperation agreement with Sun Yat-sen University Institute of Advanced Studies Hong Kong Limited (“SYSU-IAS”). Under the cooperation agreement, the Company enjoys direct access to SYSU-IAS’s comprehensive laboratory facilities and valuable data resources, as well as access to primate and non-primate animal studies supply resources, to accelerate the development of innovative drugs and promote the translation of scientific research into clinical applications worldwide. Furthermore, the Company is actively exploring the feasibility of using artificial intelligence (AI) technology for new target identification.In January 2026, the Company was invited to participate in the J.P. Morgan Healthcare Conference, where it shared its progress in the autoimmune field with multiple multinational pharmaceutical companies (MNCs) and investors.With the support of our strong R&D capabilities, extensive pipeline assets and refined operational management, we are thrilled to obtain renowned awards during the year, including the 2nd “New Quality Productive Forces Enterprise Award” jointly presented by the Greater Bay Area Family Office Association and the Hong Kong International Family Office Association, as well as the “Most Valuable Pharmaceutical Company Award” presented by Zhitong Finance.Dr. Shui On LEUNG, Executive Director, Chairman and Chief Executive Officer of SinoMab, comments: "In 2025, we demonstrated the global competitiveness of our innovative pipeline with solid clinical data. The outstanding performance of SM17 in AD and its indication expansion to IBD signify our continuous transition from single-product R&D to the realisation of platform value. Looking ahead to 2026, the biopharmaceutical industry has been accelerating into the “Biotech 3.0 Era”, which is characterised by innovation-driven development, multidisciplinary integration, and intelligent processes across the entire supply chain. We are well-positioned to capture the historic opportunity of the rapid growth of out-licensing deals in China’s biopharmaceutical industry, continue to advance the clinical development of our core pipelines, and deepen our international partnership footprint. Relying on our solid cash reserves, full-spectrum capabilities across the industry chain and the principle of differentiated innovation, we strive to maximize the returns of shareholders in the long run and provide life-changing breakthrough therapies for patients.”About SinoMab BioScience LimitedSinoMab BioScience Limited (Stock Code: 03681.HK) is a pioneer in the research and development of first-in-class and potential best-in-class therapeutic antibody drugs, focusing on autoimmune diseases, neurodegenerative disorders, and other debilitating diseases, committed to addressing unmet medical needs. SinoMab has consistently focused on developing therapeutic antibodies targeting novel targets and employing innovative mechanisms, aiming to achieve differentiated clinical outcomes in areas where existing therapies have shown limited efficacy. Its rich R&D pipeline includes: SM17, which has demonstrated exceptional anti-pruritic effects, skin clearance rates, and safety profiles in the treatment of AD, with potential applications in asthma and idiopathic pulmonary fibrosis (IPF); its flagship anti-CD22 antibody, Suciraslimab , which has been clinically validated for efficacy in rheumatoid arthritis (RA) and is currently undergoing clinical evaluation for systemic lupus erythematosus (SLE) and Alzheimer's disease; another innovative anti-CGC (common gamma chain) monoclonal antibody, which is preparing to enter clinical studies for the treatment of alopecia areata and vitiligo; and a bispecific monoclonal antibody developed by SinoMab that simultaneously stimulates bone growth and inhibits bone loss for the treatment of osteoporosis. With breakthrough efficacy as its core pursuit, SinoMab continuously redefines patient care standards and maintains a leading position in the field of breakthrough therapies. This press release is issued by Zhenzhuo Group on behalf of SinoMab BioScience Limited.Investor and Media InquiriesContact Person: Bunny LeeCitrus JiangWendy HuangPhone: (852) 5316 9995Email: ir_sinomab@zhenzhuoglobal.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Viral Claim Ties Epstein to 2008 Powerball Jackpot iGame

Viral Claim Ties Epstein to 2008 Powerball Jackpot

(AsiaGameHub) - In July of last year, a former Atlantic City Trump Plaza Hotel and Casino manager stated he had witnessed President Donald Trump and Jeffrey Epstein together at the casino property, accompanied by underage girls. Epstein's ties to the gambling industry seemingly extended even deeper. The troubling Epstein Files uncovered an email from an investigative journalist to withdrawn recipients, which provided information on how the controversial financier and convicted sex offender allegedly won a Powerball jackpot. Currently, a contentious post on X, which has amassed millions of views, claims that on July 2, 2008, Epstein won an $85 million Powerball jackpot. Controversy Over the Zorro Trust Name The winning Powerball numbers for that drawing were 4, 33, 46, 48, 52, with 17 as the red Powerball, with an $85 million jackpot. The ticket was purchased in Oklahoma and featured a one-time cash option of $41.3 million. The assertion from the X account that revived the lottery win speculation about the controversial, deceased criminal was examined by Grok, the artificial intelligence assistant developed by xAI, to assess the claims. Grok ultimately verified that the Zorro Trust had collected the $85 million jackpot as a lump-sum payment of approximately $29.3 million after taxes from the July 2, 2008 drawing, for a ticket bought in Altus, Oklahoma. According to Grok, the trust's name corresponds to Epstein's trust associated with his Zorro Ranch in New Mexico. Grok added that based on the Epstein files released by the Department of Justice, the "Zorro Trust (belonging to Epstein)" had won the jackpot. The AI assistant also confirmed that lottery officials at that time adhered to standard protocol, permitting anonymity via trust formation. Additionally, the social media platform's AI assistant noted that no fraud was substantiated. "The Name Was Simply a Coincidence" Brice Gordon, Epstein's ranch manager, was reportedly the trustee of the trust and the individual who signed the documents required to claim the prize, though this assertion has not been officially verified. More controversially, when the AI assistant was asked a separate question about how many times Epstein had won the lottery, it provided a contradictory response, stating that Epstein had never won the lottery. Although the 2008 Oklahoma Powerball jackpot was claimed by a Zorro Trust to maintain anonymity, local news reports from that period indicated the winner was a grocery store worker from Altus. The winner had apparently given her trust the same name as Epstein's Zorro entity for his New Mexico ranch. "The identical name was purely coincidental. References in recent files are unverified notes, not evidence. There are no recorded wins." Epstein's Zorro Ranch in Stanley was situated over 400 miles from Altus. New Mexico has participated in Powerball since 1996. 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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Secret Spending and Trading Card Mania Burden Couples’ Finances iGame

Secret Spending and Trading Card Mania Burden Couples’ Finances

(AsiaGameHub) - Infidelity in a relationship is typically a straightforward concept. But infidelity can manifest in other ways, and one key form revolves around financial matters. This is what’s now referred to as financial infidelity—a major source of relationship strain that’s growing increasingly prevalent. Dishonesty About Money Though less dramatic than traditional infidelity, financial infidelity shows up in similar ways: hiding expenses, keeping separate bank accounts secret, and minimizing debts. Over time, these behaviors can escalate into larger problems. A study by the National Endowment for Financial Education finds that a significant number of partnered adults have lied about money at some point. Even more report that financial secrecy has affected their relationship—particularly trust, which is far harder to restore than a depleted bank account. It’s Easier to Spend and Invest A key driver of financial infidelity is how easy it now is to spend or invest money without others finding out—thanks to mobile apps, online marketplaces, and digital wallets. For some, this leads to habits that look like risky behavior, especially when funds are tied to speculation. One area gaining increasing attention is the expanding trading card market—a once-nostalgic childhood hobby that’s now a thriving industry. Enthusiasts keep collecting rare cards that fetch high prices, fueling tales of big profits and adding allure through a blend of nostalgia and the dream of quick cash. But the very aspects that make trading cards exciting also make them unstable—prices hinge on trends, popularity, or the fame of the athletes featured on the cards. Experts note that this kind of market can act like gambling—with uncertain outcomes and a powerful urge to keep spending. Financial secrecy often takes root in such environments. Someone might start with small buys and slowly ramp up spending, especially if they think a big payout is imminent. Rather than discussing worries, they might hide losses or put off tough talks. Outside Help May Be Needed Couples who openly and honestly discuss income, debt, and goals tend to be better prepared to handle various challenges. Setting a joint budget and agreeing on limits for non-essential spending is a great way to sharply reduce conflict risk. For more serious issues involving significant sums, outside help from financial advisors and counselors can have a major impact. Ultimately, financial stability isn’t just about how much money comes in or goes out—it’s also about transparency, communication, and making decisions together. 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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NagaCorp Reports $309.9 Million Profit for 2025 in Cambodia

(AsiaGameHub) - NagaCorp saw a significant increase in its 2025 earnings, driven by improved revenue and EBITDA across various sectors at its NagaWorld complex in Phnom Penh. The growth was fueled by robust mass-market results, increased VIP engagement, and the introduction of gaming products with better margins. Good to Know NagaCorp's net earnings for 2025 totaled $309.9 million. Total revenue for the group increased by 26.2% to approximately $709.7 million. The introduction of side bets and an improved win rate contributed roughly $39 million in additional income. NagaWorld Boosts NagaCorp’s Financial Performance The company reported that its annual net profit climbed to $309.9 million, a substantial rise from the $109.6 million recorded the previous year. The 2024 figures had been impacted by a $89.1 million non-cash impairment charge related to a resort development in Vladivostok, Russia. For 2025, revenue reached nearly $709.7 million, representing a 26.2% increase, while EBITDA surged to $404.4 million from $202.8 million in 2024. This led to an EBITDA margin of 57.0% and a net profit margin of 43.7%. Management attributed these improvements to increased business volumes and a strategic emphasis on the mass market. They also highlighted the success of high-margin offerings like side bet games, which enhanced the gaming experience and boosted overall profitability.Gross gaming revenue (GGR) at NagaWorld grew by 27.4% year-on-year to $691.6 million. Revenue from mass-market tables rose 27.2% to $342.4 million, while electronic gaming machines in the mass segment saw a 13.5% increase to $142.6 million. The company noted that mass-market success was supported by a 12.6% rise in business volume and a win rate of 22.9%. The implementation of side bet games helped elevate win rates throughout the year, contributing an estimated $39 million in extra revenue. The premium mass segment also played a key role, with high-spending visitors frequenting high-limit zones, improving table yields and shifting the customer demographic. Premium mass revenue now represents 38.5% of the total mass-market table GGR, up from 33.9% in the prior year. The VIP sector showed growth as well. Revenue from house-managed "premium VIP" services increased by 32.1% to $136.2 million, with rolling volume jumping 51.6% to $5.50 billion. This recovery was linked to an influx of high-value business travelers to Cambodia and increased spending by top-tier VIP clients.Referral VIP revenue climbed 57.2% to $70.4 million, supported by a 17.2% increase in rolling volume to $2.32 billion. NagaCorp announced an interim dividend of $0.0109 per share, totaling $48.3 million, scheduled for payment on August 7. This represents a 30% payout ratio based on earnings from the latter half of 2025. Management stated the dividend underscores their commitment to growth and shareholder returns. Despite the termination of a funding agreement for the Naga 3 expansion in December, the company remains committed to the project. Previous updates suggested that the project's scope and budget might be adjusted. 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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Taiwan Shuts Down Cross‑Border Gambling Ring Tied to $1.03 Billion

(AsiaGameHub) - Taiwanese law enforcement officials announced they dismantled a cross-border money laundering operation connected to illicit online gambling. The authorities estimate that the criminal organization transferred approximately TWD33 billion, equivalent to roughly US$1.03 billion, via transactions at Macau casinos. Good to Know Taiwanese officials stated the case encompassed approximately TWD33 billion in alleged illegal funds. Law enforcement reported that the scheme utilized 85 credit cards and culminated in 20 apprehensions. Investigators characterized the case as unprecedented for Taiwanese police. Taiwan Connects Macau Casino Chip Acquisitions to Online Gambling Proceeds The investigation commenced in the latter half of 2025, when Taiwan's Criminal Investigation Bureau tracked questionable money movements from numerous bank accounts associated with online gambling and fraudulent activities. The bureau indicated that funds were transferred into accounts controlled by certain individuals and subsequently applied to credit card balances. Investigators revealed that the organization enlisted third-party intermediaries in Taiwan to function as card-processing operatives. Surplus payments were purportedly placed into these accounts, thereby increasing their credit ceilings. Subsequently, the agents allegedly employed the cards to purchase substantial quantities of casino chips at Macau gaming establishments, redeem the chips for cash, and exchange the money into Hong Kong currency. Officials noted that the arrangement additionally enabled participants to take advantage of international credit card expenditure rewards. Essentially, the network stands accused of employing casino chip acquisitions as a mechanism for transferring and laundering gambling profits across national boundaries. Authorities reported that the alleged sum laundered abroad totaled approximately TWD33 billion. According to local media accounts referencing a police briefing on Monday, the operation involved 85 credit cards and led to the detention of 20 individuals, among them two alleged masterminds.The bureau declined to specify the duration of the purported scheme's operation. Nevertheless, investigators deemed it the inaugural case of this nature discovered by Taiwanese authorities. Items confiscated during the operation comprised approximately TWD230.95 million held in bank accounts, roughly TWD2.62 million in physical currency, along with currency-counting devices, cellular telephones, and credit cards. 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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Pagcor Greenlights GLI for iGaming Testing in Philippines

(AsiaGameHub) - Pagcor has designated Gaming Laboratories International LLC as the first independent testing laboratory for iGaming in the Philippines. This approval comes as the regulator intensifies oversight of the rapidly growing online gaming market. Good to Know GLI is the first company to gain accreditation under Pagcor’s new system. B2B iGaming suppliers in the Philippines are now required to hold accreditation. GLI will employ its GLI-19 standard to test platform fairness, security, and integrity. GLI Earns First Accreditation Under Pagcor’s New Rules GLI stated that this accreditation allows it to test and certify iGaming platforms in the Philippines. Under the new framework, all B2B suppliers must meet stricter regulatory and technical standards. The company noted it will apply “GLI-19: Standards for Interactive Gaming Systems” when evaluating submissions. According to GLI, this standard is already utilized in multiple jurisdictions. Pagcor Chairman and Chief Executive Alejandro Tengco said regulated gaming markets “ensure a safer and more sustainable gaming industry for all to participate in”. He further added: “Pagcor now requires all iGaming B2B suppliers operating in the Philippines to be accredited to ensure they comply to the rigorous requirements needed to protect iGaming players.” GLI President and CEO James Maida expressed thanks to Pagcor “for the trust” it continues to place in GLI. 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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Alumni channel $35 million for 5c(c)

(AsiaGameHub) - Alumni of the prediction market platform Kalshi are securing as much as $35 million for a new venture fund dedicated to startups in the prediction market space. This initiative serves as a further indicator that investor attention is shifting from trading platforms themselves to the underlying infrastructure that powers event-driven markets. Good to Know 5c(c) Capital intends to back approximately 20 startups within the coming two years. The fund's focus is on firms involved in market making, index creation, and tools for prediction markets. Initial supporters already feature prominent figures connected to Kalshi, Polymarket, and leading crypto and fintech investment networks. New Fund Targets the Plumbing Behind Prediction Markets A new investment vehicle named 5c(c) Capital is forming to target one of online trading's most rapidly expanding areas. According to regulatory documents and sources close to the fundraising, the effort is spearheaded by two early Kalshi employees and aims to gather up to $35 million. Rather than investing directly in consumer prediction platforms, the fund is targeting the foundational layer below them. This encompasses market makers, pricing mechanisms, index offerings, liquidity solutions, and essential infrastructure for event-based trading. Put simply, 5c(c) Capital is evaluating the components that enable prediction markets to operate more efficiently, price more swiftly, and expand more seamlessly. This focus is significant as the sector has expanded far beyond a niche. Both the regulated platform Kalshi and the on-chain platform Polymarket have reported consistent monthly trading volumes in the tens of billions, attracting increased interest from traders, developers, and institutional investors. Consequently, venture funding is now flowing not just to the marketplaces but also to the supporting software, data services, and trading frameworks.As reported by ChainCatcher, Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan are among the initial investors committed to the fund. Backers associated with Andreessen Horowitz, Ribbit Capital, and Multicoin Capital are also participating. This combined support is notable for a market frequently divided between regulated and crypto-native segments. Publicly, relations between the sector's leading companies have sometimes appeared contentious. Coplan has previously referred to Kalshi as "a Polymarket copycat" in interviews, as the two vie for liquidity, market listings, and regulatory positioning. Despite this, capital from both sides is now aligning behind a common broader belief: for the prediction market category to continue its growth, it requires improved infrastructure. An individual involved in the fundraising, who spoke anonymously, succinctly captured this rationale. "What we’re seeing now is investors underwriting the rails and tools that make these markets possible, not just the flagship venues," the person said. For entrepreneurs developing prediction markets, event contracts, index products, trading APIs, liquidity systems, or market-making technology, this represents a crucial signal. Investor attention is no longer concentrated solely on the most prominent consumer brands. Investment is also beginning to move into the sector's foundational "picks-and-shovels" layer, where the quality of infrastructure, tools, and execution can determine the ultimate winners. 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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IGT Announces Reduction of Approximately 700 Global Positions

(AsiaGameHub) - IGT is eliminating approximately 700 positions across its global operations, as per an internal memo distributed Monday by chief executive Hector Fernandez. This reduction comes after a review of operations following the merger of IGT's gaming and digital business with Everi Holdings Inc. Good to Know IGT is downsizing its global workforce by around 700 employees. A report indicated the layoffs impact roughly 10% of the total staff. Hector Fernandez stated the company aims to streamline its structure and reduce redundancy. IGT Implements Job Cuts as Post-Merger Review Restructures Business A new phase of restructuring is taking place at International Game Technology Plc. In a staff memo, Hector Fernandez announced that IGT will reduce its global workforce by approximately 700 employees as management seeks to align resources with current business priorities. The layoffs were first reported by the Las Vegas Review-Journal, which noted the job cuts would impact roughly 10% of the total staff. Fernandez, who assumed the CEO role in December, informed employees that this step was necessary to streamline operations and position the group for future growth.This decision follows a significant corporate transformation. The current IGT was formed by merging IGT Plc's gaming and digital business with fintech firm Everi Holdings Inc in a $6.3 billion deal involving funds associated with Apollo Global Management Inc. The transaction was finalized in July of last year. Fernandez mentioned that leadership spent the past few months evaluating the business and making what he called strengthening decisions. “We looked into our areas of focus, our operational methods, and how our structure supports our strategy,” Mr. Fernandez stated. From this review, job cuts emerged. “As part of this evaluation, we also had to make tough decisions regarding our organizational structure, and this process has led to a difficult yet necessary step,” he added. He also noted that a significant portion of the challenging work is already finished. In his words, “much of the foundational work required to build a stronger, more competitive organization” has now been completed.Management is presenting the layoffs as part of a broader efficiency initiative rather than a one-time cost-cutting measure. “The changes we are announcing today are part of our effort to simplify our structure, reduce redundancy, and enable us to operate with greater clarity and speed,” he noted. Employees affected by the layoffs will receive support packages, as per the memo. “For those departing IGT as a result of this action, we are committed to providing severance pay, outplacement assistance, and transition resources,” the CEO stated. Fernandez also sought to direct attention to the company's future and the remaining workforce. He added: “What is important now is how we progress together: supporting one another, focusing on our priorities, and continuing the work that will shape the next chapter of our company.” He concluded with a message directed at customers and execution. The streamlined IGT, he said, “will continue to drive innovation, execute our strategic priorities, and deliver the high-quality service our customers anticipate,” Mr. Fernandez concluded. 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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Dida Inc. (02559.HK) Announced 2025 Annual Results, RMB 138 Million Adjusted Net Profit ACN Newswire

Dida Inc. (02559.HK) Announced 2025 Annual Results, RMB 138 Million Adjusted Net Profit

HONG KONG, March 24, 2026 - (ACN Newswire via SeaPRwire.com) – Dida Inc. (“Dida” or the “Company”, Stock Code: 02559.HK), a leading technology-driven mobility platform, announced the audited consolidated annual results for the year ended December 31, 2025.Financial Highlights:- Revenue was RMB502.4 million for the year ended December 31, 2025, compared to RMB787.2 million for the year ended December 31, 2024.- Gross profit was RMB332.9 million for the year ended December 31, 2025, compared to RMB567.0 million for year ended December 31, 2024.- Net profit was RMB129.8 million for the year ended December 31, 2025, compared to RMB1,004.3 million for the year ended December 31, 2024.- Adjusted net profit (non-IFRS measure) was RMB137.9 million for the year ended December 31, 2025, compared to RMB221.4 million for the year ended December 31, 2025.Operation Highlights:- Gross transaction value amounted to RMB4.7 billion and the total number of orders reached 80.9 million for the year ended December 31, 2025.- Registered users reached over 415 million as of December 31, 2025.- The number of certified private car owners reached approximately 21 million as of December 31, 2025.Business OutlookMobility-related business 2025 marked a pivotal year as the Company transitioned from a single-focus carpooling platform toward a more integrated mobility and vehicle services platform. In 2025, the Company launched ride-hailing aggregation platform services to diversify service offerings. Such services are intended to complement the carpooling business by addressing additional mobility scenarios, including short-to-medium distance and immediate travel needs, in addition to the medium-to-long distance and pre-arranged travel scenarios typically served by carpooling. The Company also commenced used car trading referral services to expand business scope along the vehicle ownership lifecycle and enhance engagement within the Company’s car owner ecosystem. The Company believes carpooling in China is still at its early stage of development, with significant market demand yet to be fully released and the benefits of carpooling not fully recognized by the public. The Company will remain committed to innovation as the Company continues to develop unique competitive strengths and value around mobility scenarios to better serve the user base. In the future, the Company plans to further develop ride-hailing aggregation platform services and other mobility-related services and to continue to expand service offerings.For the full announcement of Dida for the annual results ended December 31, 2025, please visit:https://manager.wisdomir.com/files/594/2026/0320/20260320220001_60101381_en.pdf About Dida Inc.Dida Inc. (“Dida” or the “Company”, Stock Code: 02559.HK) is a leading technology-driven mobility platform in China. The Company creates more transit capacity with less environmental impact by providing carpooling marketplace services to pair up riders with private car owners if they are heading in similar directions at compatible times. It also provides ride-hailing aggregation platform services to address additional mobility scenarios. Dida makes the mobility ecosystem greener and more efficient, and each trip experience warm and enjoyable.Forward-Looking StatementsThis press release contains forward-looking statements relating to the business outlook, forecast business plans and growth strategies of the Company. These forward-looking statements are based on information currently available to the Company and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, some of which are subjective or beyond the control. These forward-looking statements may prove to be incorrect and may not be realized in future. Underlying the forward-looking statements is a large number of risks and uncertainties. Further information regarding these risks and uncertainties is included in the other public disclosure documents on the corporate website. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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UK Gambling Levy Rollout Raises Sector Concerns iGame

UK Gambling Levy Rollout Raises Sector Concerns

(AsiaGameHub) - The introduction of a new statutory levy intended to finance gambling harm services throughout the UK has generated apprehension among charities and support organizations, as the initial funding allocations leave many facing an uncertain future. UK Gambling Harm Fund Faces Backlash Over Transition Timing This system, projected to generate between GBP 90 million ($120.8 million) and GBP 100 million ($134.2 million), is designed to offer sustained support for harm prevention, addiction treatment, and research. The government directs the distribution of these funds, with prevention services in England being overseen by the Office for Health Improvement and Disparities (OHID). However, the recent disclosure of initial funding outcomes has brought tensions within the sector to the forefront. Organizations that applied for transitional support were notified of decisions less than two weeks before the commencement of the new funding period, leaving insufficient time for planning. The Gambling Lived Experience Network (GLEN), which represents individuals and groups impacted by gambling harm, cautioned that the short notice period jeopardizes the stability of crucial services. The group suggested that rather than ensuring continuity, the process might lead to some organizations losing funding without a clear understanding of the consequences for those they assist. GLEN stated that the current situation has compelled some providers to make difficult decisions regarding whether to continue operations or cease entirely. The organization indicated that without the maintenance of current service levels, the transition could create voids in support for vulnerable individuals who depend on specialized assistance. UK Gambling Levy Structure Faces Questions Over Clarity The design of the levy has also faced scrutiny. Funding is divided among research, prevention, and treatment, with half allocated to treatment services. NHS England, which is currently undergoing substantial internal reorganization, is responsible for these services. Stakeholders have highlighted a lack of clarity and communication regarding the handling of treatment-related decisions. While GLEN acknowledged that OHID has made efforts to engage with the sector despite having limited prior experience with gambling harms, it expressed frustration over what it perceives as inadequate overall consultation. The group contrasted this with what it described as minimal engagement from other government bodies involved in the transition. Another significant concern revolves around whether the new framework accurately reflects real-world needs. Critics contend that funding decisions appear to have been made without a comprehensive evaluation of existing services and demand, increasing the likelihood that effective programs could be discontinued. The move to a government-controlled model also signifies a gradual transition away from established charity-led structures, including the work previously coordinated by organizations like GambleAware. Voices from within the sector have emphasized the importance of maintaining stability during this transition to prevent disruptions in care. Despite the criticisms, there are indications of cautious optimism. Officials have outlined plans to adopt a "test and learn" methodology, aiming to refine the system over time and enhance evidence-based decision-making. 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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Stake Leads Livestream Gambling Visibility By a Large Margin

(AsiaGameHub) - According to fresh data from StreamHatchet, Stake was significantly ahead of all other operators in gambling-focused stream titles at the beginning of 2026. The report highlights a substantial divide between Stake and the competition, while also indicating that prediction market brands are gaining notable momentum across Twitch and Kick. Good to Know In January 2026, Stake was mentioned in 6,600 stream titles on Twitch and Kick, accounting for 60% of all iGaming brand references. Kick hosted the top ten iGaming livestreamers, who collectively amassed 88.4 million hours watched in January. Polymarket and Kalshi led the prediction market category, with 12,000 and 11,700 mentions respectively. Stake Builds A Clear Lead In Gambling Stream Titles The standout figure is impossible to overlook. StreamHatchet identified Stake being mentioned in 6,600 stream titles across Twitch and Kick in January 2026. This accounted for 60% of all tracked iGaming mentions in the report, placing the brand far ahead of every direct competitor in terms of gambling streaming visibility. The rest of the ranking was not even close. 1xBet came next with 1,800 mentions, followed by Betano (837), Winamax (653), FanDuel (597), PokerStars (270), and bet365 (214). Put simply, Stake did not merely top the list—it occupied a distinct tier. A major factor seems to be the close connection between Stake and Kick. Kick is owned by Stake’s parent company, and StreamHatchet content manager Mark Rowland noted that Stake provides many Kick streamers with a bankroll to use during on-air gambling sessions. This arrangement helps clarify why the operator’s name features so frequently in stream titles, particularly when sponsorships and branded credits are part of the agreement.Kick Sits At The Center Of Gambling Livestreaming Twitch still commands a larger portion of the overall livestreaming market, but gambling content has found a more welcoming environment on Kick. The platform has adopted a more permissive stance toward gambling streams, which has enabled it to draw many of the top figures in the category. According to the report, the top ten iGaming livestreamers all streamed on Kick in January. Together they generated 88.4 million hours watched. Trainwreckstv led that group with 15.7 million hours watched, making him the biggest iGaming livestream draw in the period covered. Commercial agreements also help account for why certain brands continue to appear. Rowland stated that operators frequently collaborate directly with streamers, providing them with wagering credit in exchange for exposure that includes brand mentions in titles. Beyond Stake, he cited broader sports and esports sponsorship efforts as another factor boosting visibility for operators such as 1xBet and Betano. Both football and esports have large streaming audiences, particularly in Latin America and Spain, meaning branding linked to these ecosystems can reach a wide audience. Twitch Restrictions Help Shape The Market Not all platforms have taken the same approach. Twitch permits some gambling content but prohibits streaming for specific gambling sites, including Stake and Rollbit, due to concerns related to consumer protection and licensing.This policy shift followed a broader backlash in 2022, when several prominent creators expressed concerns about the risks of gambling content for younger viewers and individuals susceptible to addictive behavior. Rowland identified that period as a pivotal moment in how Twitch managed the category. Consequently, Kick secured a stronger opportunity to become the primary platform for gambling-focused livestream content. Prediction Markets Are Pulling In More Attention Too The report was not limited to casino and sportsbook brands. Prediction markets also recorded robust figures and are now occupying more space in betting-related conversations across livestreaming platforms. Among betting and prediction market brands, Polymarket led with 12,000 mentions in January 2026. Kalshi was close behind with 11,700. FanDuel took third place with 8,800, followed by PrizePicks (5,300) and DraftKings (3,300). 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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Polymarket Announces New Rules to Fight Insider Trading

(AsiaGameHub) - Polymarket has revised its rulebook amid growing pressure regarding the integrity of prediction markets. On Monday, the company announced it had implemented Enhanced Market Integrity Rules across both its DeFi platform and its CFTC-regulated U.S. exchange, introducing new restrictions targeting insider trading and market misconduct. Good to Know Polymarket now prohibits trading that relies on stolen confidential data, unlawful tips, or the ability to influence specific events. New Market Integrity sections outline the operation of these rules and guide users on how to report suspicious behavior. This update follows closely on the heels of Polymarket’s announcement of a sports integrity collaboration with Palantir Technologies and TWG AI. Polymarket Clarifies Who Is Restricted From Trading Specific Markets A key component of the update is straightforward: Polymarket is working to clarify which individuals should avoid specific trades. Under the new guidelines, users are forbidden from trading if they possess stolen confidential information related to an event’s result or a connected outcome. Additionally, they cannot trade using illegal tips provided by someone who had a fiduciary duty or obligation of confidence and was not legally permitted to trade on that information themselves. Polymarket has also introduced a third category of forbidden behavior. Individuals with sufficient authority or influence to impact an event’s outcome are not allowed to trade contracts associated with that event. The company provided a clear example in its public documents: a U.S. Congress member should refrain from trading contracts related to a particular legislative bill. This is significant because prediction markets have faced criticism over whether politically connected or otherwise well-informed traders can gain an advantage before the general public becomes aware. Recent Associated Press reporting noted that both Polymarket and Kalshi have strengthened their rules as legislators expressed worries about insider information, sensitive geopolitical developments, and public trust in event trading markets.Neal Kumar, Chief Legal Officer of Polymarket, said: “Markets thrive on clarity. These rule enhancements make our expectations abundantly clear for every participant across both platforms and highlight the compliance infrastructure we have already built. “As Polymarket continues to scale, we will build on our foundation with clear communication to Polymarket’s users to ensure our markets do what they do best — surface truth.” In addition to addressing insider trading, Polymarket stated that both platforms already prohibit fraud, wash trading, spoofing, fake transactions, front-running, self-dealing, attempted market manipulation, and other actions that can disrupt fair and orderly markets. The new Market Integrity pages now detail the practical application of these rules and provide users with dedicated channels to report suspicious activity.The timing of this update is intentional. As sports and political prediction markets gain increased visibility, Polymarket has been seeking to demonstrate to leagues, regulators, and users that it can more rigorously oversee sensitive contracts. Last week, Major League Baseball revealed a multi-year partnership with Polymarket focused on official data and branding, while also emphasizing the need for integrity protections for baseball-related markets. Polymarket also recently disclosed a separate collaboration with Palantir Technologies and TWG AI to develop a sports integrity platform—another indication that surveillance and monitoring are becoming core to how prediction exchanges present themselves to the public. 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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Planet Hollywood Launches New Integrated Resort in Tbilisi

(AsiaGameHub) - Planet Hollywood Resorts International is preparing to make its debut in Georgia through a new integrated resort located in Tbilisi. Developed under a licensing deal with Orbi Group and Block Group, in partnership with Iconic Entertainment, the project is set to become a significant addition to the city's tourism, gaming, and hospitality landscape. Good to Know The project will feature a 500-room Planet Hollywood Hotel & Casino in Tbilisi. The plans also include a 600-room Radisson Blu hotel, a casino spanning 50,000 square feet, and a 4,000-seat venue for entertainment. The developers anticipate that the project will generate over 2,000 permanent jobs within Georgia. Planet Hollywood Selects Tbilisi for Major Georgian Resort Moving beyond a traditional hotel debut, Planet Hollywood is lending its brand to an expansive mixed-use development already being built in the capital. The total site will feature two towers housing 1,200 rooms, combining a 500-room Planet Hollywood Hotel & Casino with a 600-room luxury Radisson Blu hotel. Furthermore, the design includes a 50,000-square-foot casino floor, a 4,000-seat arena for special events and entertainment, and more than 70,000 square feet of Harvey Nichols retail space. The project will also include various nightlife and dining establishments. This diverse combination gives the development a more significant role than a standard hotel and casino launch. The developers are marketing it as a comprehensive destination centered on hospitality, tourism, nightlife, retail, and live events. Practically, this means Tbilisi will gain a resort complex intended to attract both local residents and international visitors, while also establishing a major employment hub with an expected 2,000+ permanent positions. Robert Earl, the Founder of Planet Hollywood, remarked: “This represents a landmark moment in the ongoing global growth of the Planet Hollywood brand. Tbilisi is a city defined by its unique character and incredible momentum. Alongside our partners, we are building a destination that integrates hospitality, entertainment, and immersive experiences in a manner that is both authentic to the local market and highly ambitious.” The extensive group of partners behind the project reflects its massive scale. Orbi Group, Block Group, and Iconic Entertainment are all participating, with each describing the development as a major milestone for the city and the surrounding region. Tornike Janashvili, CEO of Block Group, stated: “This is a transformative moment for Tbilisi. We are introducing a genuine integrated resort—one that will enhance the city’s international profile, attract large-scale global tourism, and establish a new benchmark for hospitality, entertainment, and economic growth in the region.” Irakli Kvergelidze, CEO of Orbi Group, added: “We are proud to bring the Planet Hollywood Hotel & Casino to Tbilisi and to create a destination that will help define the future of hospitality and tourism in Georgia.” Another prominent figure involved in the project is Mark Advent, the founder of the New York New York Hotel & Casino in Las Vegas and a Partner at Iconic Entertainment. He connected the project to Planet Hollywood’s entertainment heritage and the growth potential of the city, commenting: “I have waited for decades for the perfect chance to collaborate with Robert Earl—one of the world’s most renowned impresarios; his creation of Planet Hollywood is part of a legendary legacy. “We are in the business of fun, and he has brought immense joy to guests across the globe by bringing one of pop culture’s most iconic entertainment brands to life. Furthermore, Tbilisi is ready for a development of this magnitude—this will be a landmark destination!” The resort also brings another international hospitality and gaming name to a city that has been increasingly attracting global operators. Tbilisi has seen growing interest from international travelers in recent years, supported by its mix of urban expansion, historic architecture, and a broader push for tourism. In this environment, a branded integrated resort of this magnitude could strengthen the local market's standing in regional competition for events, travel, and casino business. For Planet Hollywood, the development expands the brand beyond its Las Vegas roots and provides a new presence in the Caucasus and Eastern Europe. Further details regarding the programming, timing, and future rollout are expected to be announced in the coming months. 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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Poker Legend David Sklansky Passes Away at Age 78

(AsiaGameHub) - David Sklansky, a pivotal figure in the development of modern poker strategy, passed away at 78 due to heart failure. The three-time World Series of Poker bracelet champion made a profound mark on poker theory, gambling tactics, and the broader narrative of Las Vegas. Good to Know David Sklansky captured three WSOP bracelets and authored close to twenty poker books. The Theory Of Poker introduced concepts such as implied odds and expected value into common poker terminology. His contributions influenced how dedicated players approach poker in cash games, tournaments, and various formats. David Sklansky Changed Poker From Instinct To Theory Many poker players achieve victories, but few transform the game's fundamental understanding. Sklansky accomplished exactly that. Beyond his tournament achievements, he will be remembered for transforming poker into a discipline grounded in mathematics, logic, and strategic long-term planning. His writings formed a cornerstone for countless players across generations. His most famous publication, The Theory Of Poker, originally released in 1978, lies at the heart of his enduring influence. This work helped integrate concepts like implied odds and expected value into the mainstream of poker strategy. Numerous principles that seem routine today were relatively obscure until Sklansky articulated them clearly and constructed a systematic framework. A Gambling Mind That Reached Beyond Poker A New Jersey native, Sklansky demonstrated exceptional mathematical aptitude from an early age. He studied at the University of Pennsylvania and had a short stint as an actuary before the allure of professional gambling drew him to Las Vegas. There, he established himself not merely as a poker competitor, but also as a blackjack card counter and sports wagerer perpetually seeking an advantage.This analytical approach extended well beyond the poker felt. He investigated vulnerabilities in casino games, served as a consultant, and even created a game concept that would later develop into Caribbean Stud, though this venture eventually led to an expensive legal and financial dispute. He also cultivated a reputation for an eccentric personality befitting his brilliant intellect. At one stage, his business card reportedly listed his occupation as a "resident wizard." Books That Shaped Generations Of Players Sklansky also made a lasting impact on poker literature. Doyle Brunson enlisted him to contribute to Super/System, among the most pivotal poker books ever published. He continued writing for decades, producing a later version of The Theory Of Poker tailored for no-limit hold'em and, in late 2023, Small Stakes No-Limit Hold'em: Help Them Give You Their Money. At one point, he achieved a remarkable publishing milestone by placing three distinct titles simultaneously in Amazon's top 100, alongside J.K. Rowling. His anecdotes beyond the written page were equally vivid. During a 2024 interview on Card Player Poker Stories, he recounted being banned from blackjack, participating in rigged political contests, receiving watches rather than bracelets at the WSOP, challenging Donald Trump to a $1 million board game match, and experiencing five armed confrontations. He also maintained a close friendship with casino magnate Bob Stupak and reportedly influenced his decision to construct the Stratosphere, now an iconic feature of the Las Vegas skyline. A Legacy That Also Carried Controversy Any truthful biography must acknowledge the darker aspects of his life. Sklansky publicly acknowledged having "more than a few enemies" within poker circles and felt that his Hall of Fame prospects were diminished by tense relations with certain voters. He also faced accusations regarding involvement in the 2008 suicide of poker player Brandi Hawbaker. In early 2026, he was detained on domestic battery allegations, though prosecutors ultimately declined to file formal charges.Despite these controversies, his position in poker history remains unassailable. Any substantive discussion of ranges, odds, value, and disciplined decision-making continues to reflect the concepts he introduced to the game. 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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Maryland Online Casino Initiative Faces Stalemate

(AsiaGameHub) - Efforts to legalize online casinos in Maryland have lost momentum during the 2026 legislative session. A referendum bill from Senator Ron Watson was withdrawn, and the companion measure that would have set rules for Maryland’s online casinos failed to advance out of committee before Crossover Day. This leaves the state’s push to legalize online casino gaming in a vulnerable position as the session enters its final phase. Good to Know SB 761—the referendum bill tied to Maryland’s online casino legalization effort—was pulled by Senator Watson. SB 885, which would have established the framework for internet gaming and online bingo, remained in committee. The broader Maryland iGaming plan cannot proceed in its current form without voter approval via a referendum. The two-bill strategy was designed to work together, but that structure now appears to be the main reason the effort has stalled. SB 761 would have put a Maryland online casino referendum on the ballot, while SB 885 outlined how internet gaming and online bingo would be licensed and regulated. Once SB 761 was withdrawn, the path for SB 885 narrowed sharply because the regulatory bill depended on referendum approval. Timing also worked against the proposal. Maryland General Assembly records show both Senate bills were introduced in early February and heard on March 11. Yet SB 885 did not advance from committee before the March 23 Crossover Day deadline—a point in the session where bills that haven’t crossed chambers rarely recover. The Maryland General Assembly’s homepage on March 24 also noted the legislature was nearing sine die, leaving little room for a last-minute save. Opposition came from multiple angles. Delegate Wayne Hartman, who serves on the House Ways and Means Committee, made clear that support within Annapolis was weak. He said: “I feel pretty confident there’s not an appetite for it this year.”He also raised a longer-term concern about state finances. He said: “My concern is, really, next year, after the election, when our deficit continues to grow, what are we going to see to quench the thirst of the majority party here to spend money?” Casino interests also pushed back. Representatives from Ocean Downs Casino warned lawmakers that Maryland online gambling could harm tourism and put local jobs at risk. Worcester County Commissioners shared similar worries, arguing that internet casino play could draw spending away from in-person venues in the region. That argument has surfaced in other states too, where online casino bills often face resistance from retail operators worried about cannibalization—even as supporters say digital gaming can add tax revenue and keep play within a regulated market. For now, legal online casino gaming in Maryland remains out of reach. The state still has six commercial casinos, and Watson’s proposal would have let those operators join a regulated online casino market. But with the referendum bill gone and the implementation measure stuck in committee, online casinos in Maryland look unlikely in 2026 unless lawmakers revisit the idea in a new form later 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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