Player at Virgin Hotels Las Vegas Hits Two Jackpots on Same Slot Machine iGame

Player at Virgin Hotels Las Vegas Hits Two Jackpots on Same Slot Machine

(AsiaGameHub) - When most people visit a Las Vegas casino, the main things they usually hope for are a fun time and free drinks. But one player scored big by winning two jackpots last Wednesday—on the exact same game. During their session on the Mo Mo Mummy slot machine at the Virgin Hotels Las Vegas casino, the anonymous player won $21,150 with a $2.50 bet. Most people would say to walk away after a nice win—so you don’t lose what you’ve already earned while trying to win more—but it’s a good thing the player stuck around a little longer. Before long, the player hit another jackpot—this time for $34,000—when another jackpot came up on the very same machine during that same session. Total winnings added up to $55,150, and the player finally decided they’d had enough—walking away from the game with a jackpot story that’s easily one of the best to share. 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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XQC Reports Significant Earnings from a Single Gambling Stream Amounting to $15 Million iGame

XQC Reports Significant Earnings from a Single Gambling Stream Amounting to $15 Million

(AsiaGameHub) - Earlier this month, we reported that xQc earns $200,000 per Stake-sponsored stream—details the 30-year-old Canadian shared during a broadcast with fellow creator StableRonaldo. Now, the Quebec native—who first gained fame as a professional Overwatch tank player—has shared new insights into just how profitable his streaming career has been over the years. In a Single Stream: $57,000 from Ads, $15M from Sponsorship xQc recently disclosed that the highest amount he’s ever made from ads in a single stream is $57,000. That impressive sum, however, is overshadowed by what he’s earned from his gambling streams. xQc shared that one gambling stream alone brought in approximately $15 million, once again highlighting the massive revenue top streamers can generate from niche areas of the platform. Beyond ad revenue, xQc has earned significant income through sponsorships. He revealed his largest deal came from Call of Duty Warzone, which paid him a flat fee of around $1 million. The agreement initially required him to stream the game a few times over two weeks, but xQc completed all obligations in a single 12-hour marathon session. 1.3M Bets with 10% Win Rate Gambling streams appear particularly lucrative for him. In June 2025, xQc revealed he had placed $3.6 billion in total wagers across more than 1.3 million bets, winning roughly 10% of the time. His wealth is further boosted by profitable platform deals. Three years ago, he signed a streaming agreement with Kick reportedly worth up to $100 million over two years—a figure on par with major professional sports contracts, like LeBron James’ deal with the Los Angeles Lakers. Whether from sponsorships, gambling, or ad revenue, xQc has made it clear that streaming can be extraordinarily profitable at the highest level. Despite these big earnings, fellow gambling streamer Trainwreck recently discussed the possibility of returning to regular gambling broadcasts. Trainwreck—who, per a Bloomberg report, received up to $1 million a month to stream crypto-casino content—also talked about his ties to Stake and its leadership, suggesting some creators promoting gambling platforms don’t get the compensation they deserve due to undervalued deals. The streamer hinted that a turning point could be ahead, with creators choosing to build their own platforms instead of relying on established gambling sites. 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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10% Sports Betting Tax Expected to Raise $182B iGame

10% Sports Betting Tax Expected to Raise $182B

(AsiaGameHub) - Sports betting in the United States has undergone a major transformation over the past few years, more precisely, ever since the Supreme Court paved the way for individual states to legalize the activity in 2018. First valued at $7 billion when it launched, the sector steadily expanded to an impressive $167 billion by last year, a surge largely driven by mobile apps that have removed the previous limit restricting betting to casinos or dedicated sportsbooks. Today, nearly all wagers are placed online, making participation far more convenient and efficient for people. States that currently permit sports betting have already seen clear financial benefits, with tax revenues that serve as critical support for public budgets climbing steadily. In the meantime, the federal government only collects a tiny portion of these funds, via a long-standing 0.25% tax applied to every individual wager. This rate has remained unchanged for decades, and discussions around whether it should be adjusted have been growing increasingly prominent in Washington. 5% Tax Would Bring In $100B Over 10 Years Some analysts propose raising the tax rate to 5%, a shift that recent estimates show would generate nearly $100 billion in revenue over the next decade. An even higher rate, such as 10%, could produce as much as $182 billion from fiscal years 2027 to 2036, while reducing the total number of placed bets by 10%. This level of revenue would be enough to make the sports betting tax the second-largest federal excise tax in the country, trailing only the gas tax. The Fixed-Dollar Per-Bet Tax Proposal Apart from the 5% and 10% tax rate options, the Budget Lab "also modeled a more modest, fixed-dollar tax on sports wagers: $0.05 per transaction." The corresponding model notes it would "raise a far smaller amount of revenue, just $1.3 billion from FY2027 to 2036, compared to the 5% ad valorem tax, but over the long term its impact could be more notable by cutting the total number of bets placed." At the same time, proponents argue sports betting should be treated the same as other taxed activities, such as alcohol or tobacco sales, noting that a higher tax level would bring in meaningful revenue while potentially curbing excessive gambling. Wider concerns about the broader impacts of betting have also been raised, including financial hardship for some users and the growing normalization of gambling in mainstream sports culture. Critics, however, warn that higher taxes could drive people toward unregulated markets. Offshore websites and informal betting networks already operate, and stricter rules could make these options far more appealing to users. States that rely heavily on betting revenue have also voiced concerns, as a drop in betting activity would likely reduce their own tax income. Another recent policy change has already caught bettors' attention. Starting in 2026, gamblers will no longer be able to fully offset their losses against their winnings when calculating their tax liability. This means some people may owe taxes even if they break even on their betting activity overall. For now, lawmakers are weighing all available options. The sports betting industry continues to expand, but key questions remain over how it should be taxed and regulated in the years ahead. 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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Nevada Stops Kalshi Operations in a Milestone Court Action iGame

Nevada Stops Kalshi Operations in a Milestone Court Action

(AsiaGameHub) - A Nevada court has mandated that the online prediction platform Kalshi halt its operations within the state for a minimum of two weeks, representing a significant intensification in the escalating conflict between regulators and prediction market operators across the United States. Nevada Court Blocks Kalshi in 14-Day Restraining Order The decision from the First Judicial District Court in Carson City establishes a 14-day temporary restraining order that bars the company from providing contracts related to sports, elections, or entertainment events without appropriate state approval. This marks the first time a US state has compelled Kalshi to stop its operations, even temporarily. The legal action originates from an ongoing disagreement that started in early 2025 when Nevada's gaming regulator ordered the platform to discontinue its event-based contracts. Officials contend that these products mirror conventional wagering and should be subject to the state's stringent gambling regulations. Kalshi insists that its products are financial instruments overseen at the federal level. Court filings indicate that the judge determined Nevada regulators were probable to prevail in their wider legal dispute. The order emphasized that the state implements thorough regulations on gambling activities and mandates that all operators secure licenses. It observed that Kalshi's business model, in which users risk money on unpredictable results and the company collects a commission, might satisfy the legal criteria for a wagering system under state law. Temporary Order Against Kalshi Highlights Tensions Between Gambling and Finance Rules The court additionally determined that permitting the company to persist in its operations could weaken Nevada's regulatory structure. Concerns encompassed the lack of ability to oversee participants, block minors from taking part, or guarantee the integrity of events connected to the contracts. Judges concluded that these potential dangers could result in irreversible damage, warranting prompt intervention. Since temporary restraining orders in Nevada are not subject to appeal, Kalshi must adhere to the suspension while the litigation continues. A subsequent hearing is set for early April, during which the court will evaluate whether to prolong the limitations for an extended duration. The ruling arrives amidst mounting legal scrutiny on the company throughout numerous states. Regulators across the country are scrutinizing prediction markets and asserting that they circumvent existing gambling regulations. Concurrently, federal agencies have indicated support for categorizing these platforms as components of the derivatives market, generating a complicated legal landscape. The result of Nevada's case could carry wider consequences for the futureof prediction markets in the US, as courts persist in deliberating whether these platforms should be governed by financial regulations or gambling statutes. 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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Florida Legislative Session Concludes Without Gambling Reform

(AsiaGameHub) - The 2026 legislative session in Florida concluded without the passage of any bills targeting illegal gambling. While several proposals moved forward, with one even passing both chambers in differing versions, no legislation was enacted before the session adjourned on March 13. Good to Know SB 1580 came closest but died when the Senate did not take up House changes. HB 189 was the broad House proposal and never reached a final vote. Florida regulators keep the same enforcement tools they had before the session. For the second consecutive year, Florida's legislature did not approve measures that would have strengthened regulations concerning illegal gambling. As a result, illegal gambling arcades remain in a legal gray area, and sweepstakes platforms are not subject to new restrictions. SB 1580 Came Closest SB 1580 represented the most viable opportunity for reform. The Senate passed the bill unanimously in early March. Subsequently, the House made amendments and passed its own version on March 11. With just two days remaining, the Senate did not revisit the legislation. This bill would have established new criminal offenses for individuals who knowingly or recklessly participate in or profit from illegal gambling. It also aimed to extend liability to government employees involved in certifying, licensing, or hiding illegal gaming operations, increase penalties for gambling houses, and impose new restrictions on internet gambling. Another component proposed a Limited Slot Machine Surrender Program, granting operators immunity in exchange for turning in their machines.House Changes Added Friction Amendments made in the House contributed to its failure. One change would have permitted licensed gambling establishments to relocate up to 1,320 feet without losing their licenses. Additional concerns were raised that the wording could inadvertently affect veteran groups. These issues were left unresolved. HB 189 pursued a more comprehensive approach. The extensive, 100-plus-page bill aimed to reform multiple areas of Florida's gambling laws. Its provisions would have prohibited internet gambling and online sports betting not covered by the Seminole Tribe compact, increased penalties for operating or advertising gambling houses, created new violations for illegal gambling advertisements, and expanded the enforcement power of the Florida Gaming Control Commission. It also targeted broader aspects of the illegal gambling trade, such as transporting individuals for gambling purposes, making false claims about machine legality, and implementing harsher penalties for repeat offenders. Despite this, HB 189 stalled before a final House vote. Some of its elements were later incorporated into SB 1580, which intensified the disagreement between the chambers. Other related bills made little progress. SB 1164 and HB 591, which had similar objectives, failed to advance beyond initial committee hearings. SB 204, which emphasized regulatory clarity over new criminal penalties, moved through two Senate committees before also stalling.Illegal Arcades Stay in Play The proliferation of illegal gambling arcades throughout Florida was a primary motivator for lawmakers to address the issue. Many of these venues operate in a murky legal zone, often presenting themselves as amusement arcades or skill-based game businesses. Regulatory action has intensified; in 2025, the FGCC seized $14,474,336 and 6,725 illegal slot machines across the state, more than doubling the approximately $7 million seized the previous year. While sweepstakes casinos were not explicitly mentioned in the primary bills, provisions in HB 189 and HB 591 concerning internet gambling and dual-currency prize models could have applied to them. With the failure of both bills, these potential restrictions are not in effect. 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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From SGD to Global Spending: How Singaporeans Can Avoid FX Fees While Travelling Overseas ACN Newswire

From SGD to Global Spending: How Singaporeans Can Avoid FX Fees While Travelling Overseas

SINGAPORE, Mar 23, 2026 - (ACN Newswire via SeaPRwire.com) - Travelling overseas is exciting, but foreign exchange (FX) fees can quietly add up and increase your overall trip expenses. Many Singaporeans are now exploring smarter ways to manage overseas spending, and a multi-currency debit card can help reduce unnecessary FX charges while shopping, dining, and booking activities abroad. Whether you are heading to Japan, Australia, Europe, or the US, understanding how FX fees work can help you stretch your Singapore dollars further. Even a 3% fee on a SGD 5,000 trip translates to SGD 150, which could easily cover a nice meal or attraction tickets.When spending overseas, banks typically apply a currency conversion spread and may also charge overseas transaction fees ranging between 2.5% and 3.5%. On top of that, dynamic currency conversion at merchants can add another 4-8% markup. These layered charges might not be obvious at checkout, but they can significantly increase your travel budget.With a bit of planning and the right payment tools, Singaporeans can minimise these costs and enjoy more transparent spending abroad.Understanding Where FX Fees Come FromBefore looking at solutions, it helps to understand how FX fees are structured. Most traditional credit and debit cards issued in Singapore apply a foreign transaction fee when you pay in a currency other than SGD. This fee usually combines the card network's conversion rate and an additional bank administrative charge.For example, if you spend the equivalent of SGD 1,000 in Bangkok or Seoul, a 3% fee adds around SGD 30 to your statement. Over a 10-day trip with shopping and dining expenses of SGD 4,000, total FX charges could reach SGD 120 or more. These amounts may seem small per transaction but can accumulate quickly across hotels, theme parks, transport passes, and shopping malls.How a Multi-Currency Debit Card Can HelpA multi-currency debit card allows users to hold and spend multiple foreign currencies directly from one account. Instead of converting SGD at the point of sale for every purchase, you can preload currencies such as USD, EUR, JPY, or AUD in advance. This setup can help reduce conversion fees and give you more control over exchange rates.For instance, if you are travelling to Japan and expect to spend the equivalent of SGD 3,000, you can convert SGD to JPY when rates are favourable before departure. If the exchange rate improves even by 1%, that difference could mean savings of around SGD 30 on your total spend.Many multi-currency debit cards also offer competitive interbank or near-interbank rates with low or zero foreign transaction fees. While terms vary by provider, this structure may result in lower overall costs compared to traditional cards. Additionally, you can track balances in different currencies via mobile apps, which helps you manage budgets more clearly during travel.Practical Ways Singaporeans Can Reduce FX ChargesBeyond choosing the right card, several practical habits can help minimise FX fees while shopping overseas.Pay in the local currency whenever possibleWhen a payment terminal offers the option to pay in SGD or the local currency, selecting the local currency can help you avoid dynamic currency conversion markups. Merchants may apply rates that are 4-8% higher than market rates when you choose SGD. On a SGD 2,000 shopping bill in Seoul, that difference could translate to an extra SGD 80 or more. Paying in the local currency often results in a more transparent rate from your bank or card provider.Plan large purchases in advanceIf you are considering buying luxury goods in Europe or electronics in Japan, estimating your total spend beforehand can help you prepare accordingly. Planning major purchases can also help you avoid last-minute conversions at less competitive airport rates.Avoid exchanging large sums at airportsAirport money changers often offer less competitive exchange rates compared to city money changers in Singapore or digital FX platforms. The difference might range from 1% to 3%. On SGD 2,000 exchanged at the airport, this gap could mean paying SGD 20 to SGD 60 more than necessary. Using a multi-currency debit card for most transactions can reduce the need to carry large amounts of cash.Monitor overseas ATM withdrawal feesWithdrawing cash overseas may involve both local ATM fees and your bank's overseas withdrawal charges. These combined costs can range between SGD 5 and SGD 15 per withdrawal, excluding FX spreads. Planning fewer, slightly larger withdrawals, or relying more on card payments, can help reduce repeated charges. Some multi-currency debit cards may offer more competitive ATM withdrawal terms, depending on the provider.Comparing Travel Spending OptionsCredit cards may offer travel rewards but often carry foreign transaction fees of around 3%. Using cash helps you to do away with card fees but requires you to exchange money upfront, sometimes at less competitive rates.A multi-currency debit card sits somewhere in between, combining digital convenience with potentially lower FX costs, while offering more flexibility. For frequent travellers visiting destinations like Malaysia, Thailand, Japan, Australia, or the US several times a year, this flexibility can make budgeting more predictable.Avoiding FX fees does not require complex strategies. Small adjustments in how you pay, when you convert currency, and which card you use can collectively reduce costs. While exchange rates fluctuate and fees vary across providers, informed decisions can help you minimise hidden charges and make the best of your overseas trips.Disclaimer: This article is for general information only and does not have any regard to the specific investment objectives, financial situation and particular needs of any specific person. The views expressed in this article are solely those of the author. This article shall not be regarded as an offer, recommendation, solicitation or advice. You may wish to consult your own professional advisers about this article, in particular, a financial professional before making financial decisions. Any past events, trends and/or performance referred to in this article may not necessarily be indicative of future events, trends or performance. This article is based on certain assumptions and reflects prevailing conditions as at the time of publication, which are subject to change at any time without notice. The author and publisher of this article as well as any other parties associated with this article make no representation or warranty of any kind, whether express, implied or statutory, in respect of this article and accept no liability or responsibility for the completeness or accuracy of this article or any error, inaccuracy or omission relating to this article and/or any consequence, injury, loss or damage howsoever suffered by any person relating to this article, in particular, arising from any reliance by any person on this article. Publishers or platforms may be compensated for access to third party websites.Contact Information:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Elon Musk Seeks New Chip Facility for Tesla and SpaceX

(AsiaGameHub) - Elon Musk has outlined plans for a chip production project involving Tesla and SpaceX. The proposed facility, named Terafab, would be constructed near Tesla's operations in Austin, with the aim of fulfilling internal demand for AI and robotics chips. Good to Know Musk noted that chip supply is not keeping up with demand from Tesla and SpaceX. The proposed Terafab site would be located near Tesla's headquarters and the Austin gigafactory. Musk did not provide a timeline for the project during the Austin event. Musk Wants Direct Control of Chip Supply Rather than relying on external semiconductor suppliers, Elon Musk suggests Tesla and SpaceX may need to develop their own solution. Speaking at an event in downtown Austin on Saturday night, Musk stated that current chip manufacturers are not producing quickly enough to meet the needs of artificial intelligence and robotics across his companies. “We either build the Terafab or we don’t have the chips, and we need the chips, so we build the Terafab.” A photo displayed during the event indicated the site would be situated close to Tesla's headquarters and the company's gigafactory in Austin. This location would place the project adjacent to one of Tesla's primary manufacturing centers, while also linking it closely to broader work in AI, automation, and robotics.Musk described a very high target for output. He said the plan is to produce chips capable of supporting 100 to 200 gigawatts of computing power per year on Earth, along with a terawatt in space. He did not clarify when the project could start or how long construction and production setup might take. This absence of a timeline is significant because semiconductor manufacturing is one of the most challenging industrial sectors to execute. Chip fabrication requires extensive engineering expertise, lengthy build cycles, complex supply chains, and major capital investment. Musk is well-known for setting highly ambitious goals, and Bloomberg highlighted that he does not have a background in semiconductor manufacturing. Even so, the reasoning behind the proposal is easy to understand. Tesla is expanding further into AI and robotics, while SpaceX also requires more computing power for advanced systems. If external supply remains tight, an in-house or tightly controlled chip operation could give Musk greater certainty over one of the most critical components of that technology stack. 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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Maestro Unveils Mezzamine for Bitcoin Mining Financing

(AsiaGameHub) - Maestro has introduced Mezzamine, a Bitcoin credit platform designed around Bitcoin mining economics. The offering targets institutional investors who wish to generate yield from idle BTC, while also providing mining firms with an additional avenue for obtaining capital. Good to Know Mezzamine initially launched via a collaboration with Sazmining. The platform aims to deliver an annual yield of approximately 8% to 9% in Bitcoin for investors. Its credit structure is secured by future mining rewards rather than traditional fiat-based debt models. Maestro Tries a Bitcoin Native Answer to Mining Finance Mezzamine is structured as a Bitcoin-denominated credit market, moving away from conventional dollar loans or new equity sales. This is significant as many miners receive income in Bitcoin yet take on debt in dollars. A sharp decline in Bitcoin's price can strain balance sheets and increase the risk of liquidation due to this currency mismatch. Maestro aims to reduce this friction. Through this new framework, institutional investors can allocate Bitcoin to credit facilities linked to anticipated mining production. Returns are derived from block rewards produced by additional hardware and increased hashrate. Maestro reports existing demand, noting that mining companies exploring alternative funding have expressed interest in financing exceeding 1,500 Bitcoin.Protection during bear markets is a key feature. The platform employs hedging mechanisms connected to both Bitcoin's price and mining operational expenses. Essentially, the objective is to prevent a scenario where dropping prices lead directly to margin calls or compulsory asset sales. The model is instead designed to mirror how mining operations genuinely generate revenue via block rewards. For institutional investors, this presents a distinct Bitcoin yield approach. Instead of keeping BTC inactive or lending within a fiat-centric system, they can deploy coins into a credit facility connected to mining and aim for returns in Bitcoin. Miners gain from access to funding that more closely aligns with the asset they generate. The inaugural program is already operational with mining services provider Sazmining. Maestro states the platform is intended for asset managers, family offices, corporate treasuries, and similar professional investors. This direction aligns with a wider trend in digital asset markets, where an increasing number of financial products are being developed natively within the Bitcoin ecosystem rather than relying on external fiat systems. A native Bitcoin credit market also provides the industry with an additional foundational component as institutional participation expands. Mining companies have traditionally relied on outside lenders, equipment financing, or equity sales. Solutions like Mezzamine indicate an alternative path, where capital, collateral, and yield all remain intrinsically linked to the economics of Bitcoin mining. 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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Hawk Tuah Girl States HAWK Crash Traumatized Her

(AsiaGameHub) - Hailey Welch has spoken out about the aftermath of the HAWK memecoin’s collapse, connecting the incident to months of public backlash, threats, and legal scrutiny surrounding the unsuccessful token launch. Good to Know HAWK was launched in December 2024 and temporarily hit a market capitalization exceeding $490 million. The token plummeted by over 91% the following day, sparking online allegations of a rug pull. A lawsuit filed by investors targeted the team and organizations behind the launch, though Welch was not included. Hailey Welch States HAWK Aftermath Left Her Traumatized Hailey Welch, commonly referred to online as the Hawk Tuah girl, shared that the collapse of HAWK and the subsequent public response took a significant personal toll. In an interview with Andrew Callaghan on Channel 5, Welch mentioned she was drawn into a crypto project she didn’t fully comprehend. “I got talked into doing something that I didn’t know anything about, really, but you’ve got to be really careful what you put your name on,” Welch told Andrew Callaghan of the Channel 5 YouTube channel on Friday. Welch stated she collaborated with an FBI investigation in 2025 and was exonerated of any misconduct. She added that she received none of the launch funds and lacked the technical expertise required to develop or manage the memecoin.Despite this, public outrage targeted her. Welch revealed she received death threats and remained out of public view for months as tensions escalated over the failed launch. “I was starting to get death threats and everything else. People telling me I owe them all this money, and I’m like, ‘I didn’t do this.’ I’m sitting here, and I’m the one getting hit for this. It’s rough. It’s one of those things where if you come out of the house, you put your head down.” HAWK launched in December 2024 and quickly reached a market cap of over $490 million within hours. By the next day, the token’s value had fallen to approximately $41 million—an over 91% collapse. This drop led to widespread rug pull claims across crypto social media platforms and kept the project in the spotlight across gaming, influencer, and digital asset news. Welch also noted that the actual losses incurred by retail investors were lower than many people believed during the backlash. Per her attorney, the total losses for individual investors amounted to around $200,000.Additionally, a lawsuit filed by investors in December 2024 alleged that the team and entities behind HAWK’s launch sold unregistered securities. Welch was not a defendant in the case. 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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PENN Confirms Hollywood Casino Aurora Opening for June 24

(AsiaGameHub) - PENN Entertainment intends to launch Hollywood Casino Aurora on June 24, pending regulatory clearance. This new land-based venue in Aurora will succeed the enduring riverboat establishment on the Fox River, introducing an expanded entertainment scope to the greater Chicago area. Good to Know Hollywood Casino Aurora is scheduled to take the place of the existing riverboat casino on the Fox River. The new facility will feature a hotel, a retail sportsbook, a spa, an event center, and upwards of 1,200 gaming positions. PENN indicates the location will hire approximately 700 employees, almost twice the size of the existing workforce in Aurora. PENN Gets Ready for a Larger Aurora Casino and Resort PENN is preparing to transition Aurora gaming operations to a freshly constructed facility near Interstate 88, opposite Chicago Premium Outlets, moving away from the outdated floating casino model. This shift is significant as land-based casinos typically offer operators greater capacity for accommodations, dining, entertainment, and year-round events compared to older riverboat configurations. The project is valued by PENN at $360 million. Upon its debut, Hollywood Casino Aurora will become the company's second newly constructed venue in the Chicagoland area, following the August 2025 opening of Hollywood Casino Joliet. This provides PENN with a modernized retail casino presence in a Midwest market where operators continue to depend significantly on in-person gaming, hospitality, and sportsbook visitors. “We are just months away from unveiling another premium entertainment hub in the greater Chicago region,” stated Jay Snowden, CEO and President of PENN Entertainment. “We are excited to build on the successful launch of Hollywood Casino Joliet last summer with another new land-based site, reinforcing our retail footprint in the Midwest and strengthening our community ties.”Gaming represents just one component of the offering. The upcoming Aurora facility will boast 226 hotel rooms, over 1,200 gaming positions, a retail sportsbook, a spa, an outdoor entertainment area, and a 12,000 square foot event center. Additionally, PENN anticipates the site will employ roughly 700 staff members, almost doubling the staffing numbers associated with current Aurora operations. Dining is also receiving significant focus. PENN announced that celebrity chef Giada De Laurentiis will launch Sorella by Giada, an Italian California fusion eatery. Boulevard Food & Drink Hall will introduce concepts from Stephanie Izard and other collaborators, providing the casino with a blend of local favorites and new culinary choices. For regional casino operators, food and beverage offerings can help increase time spent on-site and expand the demographic beyond traditional gamblers. Rafael Verde, PENN Senior Vice President of Regional Operations, remarked: “These celebrated restaurateurs will offer our guests exceptional dining experiences at the new Hollywood Casino Aurora. Combined with our hotel, event center, spa, and other amenities, visitors will enjoy a lively atmosphere at this new local destination.”Meetings and live events form another key element of the strategy. PENN noted that the event center is already accepting reservations for conferences, weddings, and entertainment acts, with public event disclosures anticipated shortly. This strategy aligns with a comprehensive casino resort model where gaming, lodging, dining, sports betting, private functions, and live shows operate cohesively under a single roof. Regarding the project's backing, Gaming and Leisure Properties Inc. is projected to supply $225 million in financing at a 7.75% capitalization rate around the opening. The City of Aurora is providing $50 million, and PENN stated the remaining $21 million is expected to be finalized by the end of the year. Concurrently, the firm is collaborating with the Illinois Gaming Board to move operations from the existing riverboat Hollywood Casino Aurora to the new land-based location. FAQ When will Hollywood Casino Aurora open? PENN Entertainment has indicated that June 24 is the scheduled opening date, contingent on regulatory authorization. What is replacing the old Aurora casino? The existing riverboat casino on the Fox River will be succeeded by the new land-based Hollywood Casino Aurora. Where is the new property located? The location is situated near Interstate 88, directly across from Chicago Premium Outlets. What features will the new casino include? The venue will feature 226 hotel rooms, over 1,200 gaming positions, a retail sportsbook, a spa, an outdoor entertainment area, and a 12,000 square foot event center.How many jobs will the property support? PENN projects that the new Hollywood Casino Aurora will employ approximately 700 individuals. What dining options are planned? PENN confirmed that Sorella by Giada, led by Giada De Laurentiis, will launch at the venue, accompanied by Boulevard Food & Drink Hall concepts featuring Stephanie Izard and other partners. How is the project being financed? Gaming and Leisure Properties Inc. is set to contribute $225 million, the City of Aurora is adding $50 million, and the remaining $21 million is anticipated by year's end. 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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Unitree Robotics IPO Ignites Embodied-Intelligence Rally, Shoucheng Holdings (0697.HK) Faces a Dual Catalyst of ‘Investment Realisation+Platform Re-Rating’ ACN Newswire

Unitree Robotics IPO Ignites Embodied-Intelligence Rally, Shoucheng Holdings (0697.HK) Faces a Dual Catalyst of ‘Investment Realisation+Platform Re-Rating’

HONG KONG, Mar 23, 2026 - (ACN Newswire via SeaPRwire.com) -The humanoid robotics sector has reached another milestone. On 20 March, the Shanghai Stock Exchange confirmed that Unitree Robotics Co., Ltd. (operating entity: Hangzhou Yushu Technology Co., Ltd.) has received formal acceptance of its STAR Market IPO application, targeting proceeds of RMB 4.202 billion, with review status recorded as "Accepted". This marks Unitree Robotics' official push to become China's first A-share listed humanoid robot company, and signals that the embodied-intelligence industry is transitioning from a theme-driven narrative phase into a new stage of genuine capital-markets realisation.From publicly disclosed information, this IPO is not purely a concept re-rating event — it rests on a foundation of strong earnings growth and capacity expansion. According to the company's prospectus, Unitree Robotics generated revenue of RMB 1.708 billion in 2025, up 335.36% year-on-year; non-GAAP net profit exceeded RMB 600 million, up 674.29% year-on-year. The public offering involves a minimum of 40,446,434 new shares, representing at least 10% of the total post-IPO share count.For the capital markets, the most important contribution of Unitree Robotics is that it begins to provide a clearer public-market valuation reference for the humanoid-robotics sector. Reports indicate that Unitree's valuation stood at approximately RMB 5 billion in early 2025, rising to approximately RMB 12 billion by June 2025. The prospectus implies an initial post-IPO market capitalisation of at least RMB 42 billion — a dramatic leap from the mid-2025 private-market benchmark. For the capital markets, Unitree's listing trajectory carries a clear signal: humanoid robotics is no longer purely a story of "technological imagination" — it is entering a new phase of revenue, profit, capacity, and capital advancing on all four fronts simultaneously. For the supply chain, this raises the clarity of the sector's valuation anchor; for capital platforms that have invested early in leading robotics companies, it means book values, exit expectations, and business synergies all have room to rise in tandem.Among the beneficiary candidates in this cycle, Shoucheng Holdings Limited (HKEX: 0697.HK) stands out for its rarity value. The company has publicly confirmed that, through the Beijing Robotics Industry Development Investment Fund and its affiliated sub-funds, it has invested in Unitree Robotics, Galbot (Beijing Galaxy General Robot Co., Ltd.; X Square Robot , Noetix Robotics, and other leading enterprises. By Q3 2025, the multiple funds it manages had further completed investments in Unitree Robotics, DEEP Robotics / Hangzhou DEEP Robotics Co., Ltd.), Booster Robotics, Differential Robotics / Differential Robotics Technology Inc.), Wuxi Quanzhibo Technology Co., Ltd., and other core robotics supply-chain companies — covering humanoid robots, aerial robots, and critical upstream components. In short, Shoucheng Holdings is not a single-bet position, but a portfolio-style deployment spanning "leading robot OEMs + upstream critical components + regional fund networks."Crucially, Shoucheng Holdings' edge lies not only in "investing" but also in "post-investment value creation." Both the company's 2025 interim report and Q3 report highlight that it is advancing an integrated "Invest + Operate + Ecosystem" pathway centred on "capital + scenarios + supply chain." It has established Shoucheng Robot Technology Industry Co., Ltd. and Shoucheng Robot Advanced Materials Industry Co., Ltd., expanding into sales agency, leasing, consultancy, supply-chain management, and upstream materials. Simultaneously, the company has deployed permanent robot experience stores and pop-up stores at Shougang Park, Beijing Capital International Airport Terminal 3, and Chengdu Chunxi Road, accelerating the transition of robot products from showcase to commercial deployment. For high-volume producers like Unitree Robotics, these venue resources translate into lower trial-and-error costs and faster commercial validation cycles.This is also the core reason why the market treats Shoucheng Holdings as a premier Unitree Robotics proxy: it is not a simple secondary-market "reflection" play, but an ecosystem-type platform that combines capital linkages, application venues, and industrial service capabilities. Once Unitree Robotics' IPO advances smoothly, the first beneficiary will be the market recognition of Shoucheng Holdings' existing robotics investment portfolio. With a marquee portfolio company achieving public listing, external investors will find it far easier to mark-to-market the unlisted robotics assets still held by Shoucheng Holdings.Market analysts observe that, from a valuation standpoint, the Unitree Robotics IPO represents at least three distinct positive catalysts for Shoucheng Holdings.First, the anticipated realisation of investment returns has been significantly enhanced. Shoucheng Holdings holds 3.8262% of Unitree Robotics through the Beijing Robotics Industry Development Investment Fund, placing it among the top ten pre-IPO shareholders. After accounting for dilution from the new share issuance, the post-IPO stake corresponds to approximately 3.44%. Based on an assumed post-IPO market capitalisation of RMB 42 billion, this stake implies a value of approximately RMB 1.446 billion; at market caps of RMB 50 billion and RMB 60 billion, the implied values are approximately RMB 1.722 billion and RMB 2.066 billion respectively. Against the scale of Shoucheng Holdings' net asset base, these figures represent a material incremental contribution and will provide meaningful support to the company's existing valuation framework.Second, the platform-level valuation midpoint has scope to re-rate upward. Shoucheng Holdings is not a traditional single-strategy financial investor. Its core business encompasses infrastructure asset operations on one side, and entry into robotics and intelligent manufacturing through funds and an industrial platform on the other. Once the robotics sector has an established public-market valuation anchor, Shoucheng Holdings' entire robotics investment portfolio stands to be re-valued in aggregate.Third, the acceleration of robotics ecosystem commercialisation opens a genuine second growth curve. In the past, the market valued robotics concept stocks largely at the level of "equity participation income." But Shoucheng Holdings is actively working to transform robotics into a real operating business. The company has disclosed that it is advancing robot deployment across multiple scenarios — offline experience stores, airport environments, cultural-tourism parks, and smart car parks — and is collaborating with industry partners to develop new business formats such as "robotics + automotive." Should Unitree Robotics' brand recognition and fundraising capacity strengthen further post-IPO, Shoucheng Holdings could expand beyond "investment gains" to capture diversified value streams including operating profit-sharing, channel services, scenario services, and supply-chain coordination. At that point, the market's analytical framework for Shoucheng Holdings would graduate from "Unitree Robotics proxy" to "robotics ecosystem infrastructure platform."In addition, Shoucheng Holdings' financial structure provides a robust margin of safety for any valuation recovery. The company reported profit attributable to shareholders of HKD 410 million in 2024. Equity attributable to owners of the company stood at HKD 9.421 billion at end-2024. The gearing ratio declined from 15.9% at end-2024 to 10.9% by Q3 2025. In respect of the 2024 financial year, the company declared final dividend and special dividend totalling HKD 888 million, and together with the interim dividend of HKD 208 million, full-year distributions reached HKD 1.096 billion — exceeding 200% of the year's attributable profit. This combination of strong dividend commitment, low financial leverage, and sustained earnings power positions the stock favourably for capital flows seeking both "growth" and "income" attributes simultaneously.Taken as a whole, the formal advancement of the Unitree Robotics IPO process represents one of the most consequential capital-markets events of 2026 for the embodied-intelligence industry. It not only raises the capital-markets certainty for leading robotics companies, but also opens a valuation re-rating window for ecosystem-type platforms like Shoucheng Holdings Limited. As the logic of "flagship project listing → investment return realisation → industrial scenario expansion → platform valuation uplift" progressively unfolds, Shoucheng Holdings is well-positioned to emerge as one of the core beneficiaries of this robotics market cycle — a company that simultaneously offers a meaningful margin of safety and meaningful upside optionality. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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AEM and ASE Enter Strategic Partnership to Accelerate AI and HPC Test Innovation ACN Newswire

AEM and ASE Enter Strategic Partnership to Accelerate AI and HPC Test Innovation

Singapore and Taipei, Mar 23, 2026 - (ACN Newswire via SeaPRwire.com) - AEM Holdings Ltd. (“AEM” or “the Group”), a global leader in test innovation, announced a strategic partnership with ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) (“ASE”), the leading provider of semiconductor assembly, testing and materials (“ATM”) services and the provider of electronic manufacturing (“EMS”) services. The collaboration brings together AEM’s proprietary test technologies with ASE’s world-class manufacturing scale to deliver disruptive test solutions tailored for the rapidly expanding Artificial Intelligence (“AI”) and High-Performance Computing (“HPC”) markets.Aligned with the strategic partnership, AEM will raise approximately S$12 million in gross proceeds through a private placement of 3,350,000 million ordinary shares to a wholly owned subsidiary of ASE, representing 1.06% of AEM’s issued share capital as at 21 March 2026, at an issue price of S$3.591 per share. ASE, through said subsidiary, will also receive a total of 28,111,856 million free detachable warrants, divided equally into two exercisable tranches, with each tranche subject to certain ASE-attributable revenue-related conditions. Each warrant is exercisable into one ordinary share, with the Tranche 1 exercise price set at 103% of the volume weighted average price (“VWAP”) of AEM’s shares for the full market day on which the subscription agreement is signed, and the Tranche 2 exercise price set at 105% ofsuch VWAP. If fully exercised, the warrants would result in an additional 8.935% of the current issued share capital. The transaction remains subject to certain conditions, including the approval of the Singapore Exchange for the listing and quotation of the new shares.Proceeds from the private placement will support AEM’s continued expansion in Taiwan and the joint integration of AEM’s test technologies, including highly parallel test architectures and advanced thermal management capabilities, into ASE’s manufacturing and test environments. The funds will also be used to advance AEM’s product roadmap, enhance its system offerings, and accelerate joint go to market initiatives aimed at supporting next generation AI and HPC applications.The strategic partnership also supports ISE Labs, a wholly owned subsidiary of ASE, as it expands AI and HPC processor development capabilities to address early-stage testing, validation, and characterization requirements. These efforts focus on heterogeneous integration architectures, including multi-chiplet and advanced system-in-package designs as well as optical interconnect technologies critical to next-generation compute platforms. ASE’s ATM portfolio further strengthens these initiatives with high-volume advanced packaging and test capabilities, enabling production-scale deployment as global demand continues to accelerate.Ken Hsiang, Chief Executive Officer of ISE Labs, stated: “As compute architectures grow more complex and time-to-production continues to compress, test has become a critical enabler of performance, reliability, and manufacturability for next-generation AI and HPC systems. By combining ISE’s advanced characterization and production-readiness capabilities with AEM’s scalable, high-parallel test technologies and system-level engineering strengths, this strategic partnership enables rapid transition from validation to ASE’s high-volume deployment while addressing the increasing complexity of advanced compute testing.”Samer Kabbani, Chief Executive Officer of AEM, commented, “This partnership represents an important step in AEM’s strategy to work closely with industry leaders to advance the state of AI and HPC testing. ASE’s forward-looking approach and global scale make them an ideal partner as test requirements continue to intensify across advanced compute platforms. By combining our respective strengths, we aim to develop and deploy next-generation test solutions that help customers improve performance, scalability, and time-to-market.”About ASE Technology Holding Co., Ltd.ASEH is the leading provider of semiconductor manufacturing services in assembly and test. The Company develops and offers complete turnkey solutions covering front-end engineering test, wafer probing and final test, as well as packaging, materials and electronic manufacturing services through USI with superior technologies, breakthrough innovations, and advanced development programs. With advanced technological capabilities and a global presence spanning Taiwan, China, South Korea, Japan, Singapore, Malaysia, Philippines, Vietnam, Mexico, and Tunisia as well as the United States and Europe, ASEH has established a reputation for reliable, high quality products and services. For more information, please visit our website at https://www.aseglobal.com.About AEMAEM is a global leader in test innovation. We provide the most comprehensive semiconductor and electronics test solutions based on the best-in-class technologies, processes, and customer support. AEM has a global presence across Asia, Europe, and the United States. AEM's R&D centres are situated in Singapore, Malaysia, Finland, France, and the US. With manufacturing plants located in Singapore, Malaysia (Penang), Indonesia (Batam), Vietnam, Finland (Lieto), South Korea, and the United States and a global network of engineering support, sales offices, associates, and distributors, we offer our customers a robust and resilient ecosystem of test innovation and support.AEM Holdings Ltd. is listed on the main board of the Singapore Exchange (Reuters: AEM. SI; Bloomberg: AEM SP). AEM’s head office is in Singapore.For more information please contact:Kamal SAMUEL / Rishika TIWARI / LIM En Tong Financial PR Pte LtdTel: 6438 2990 / Fax: 6438 0064E-mail: kamal@financialpr.com.sg / rishika@financialpr.com.sg / entong@financialpr.com.sgPatricia MacLeod ASE, Inc.Tel: +1 408 314 9740E-mail: patricia.macleod@aseus.com Safe Harbor Notice (ASE)This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. The announced results of the full year of 2025 are preliminary and subject to audit adjustments. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2024 Annual Report on Form 20-F filed on March 27, 2025.Disclaimer (AEM)This is a press release of general information relating to the current activities of AEM Holdings Ltd. (“AEM”). It is given in summary form and does not purport to be complete. This press release may contain forward-looking statements which are subject to risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in these forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from other companies, shifts in customer demands, customers and partners, changes in operating expenses, governmental and public policy changes, and the continued availability of financing. Accordingly, such statements are not and should not be construed as a representation as to the future of AEM, and are not intended to be profit forecasts, estimations or projections of future performance and should not be regarded as such. No reliance should therefore be placed on these forward-looking statements, which are based on the current views of the management of AEM. The press release is also not to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. AEM accepts no responsibility whatsoever with respect to the use of this document or any part thereof. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Allwyn Seeks Alternative Sportsbook Technology After Novibet Deal Collapses

(AsiaGameHub) - Allwyn is seeking alternative methods to develop its own sportsbook technology following the termination of its agreement with Novibet. This development was shared during the group's FY25 earnings call, where company leaders also highlighted PrizePicks as a valuable resource for prediction markets and attracting new customers. Good to Know Allwyn abandoned the Novibet acquisition following input from the Hellenic Competition Commission. Executives stated that proprietary sportsbook technology continues to be a strategic objective. PrizePicks provides Allwyn with a substantial customer base and a unified application for DFS and predictions. Allwyn Looks Elsewhere for Sportsbook Tech After Novibet Deal Falls Apart Allwyn continues to pursue its own sportsbook technology, despite the failure of its Novibet acquisition. On the FY25 earnings call, CEO Robert Chvátal confirmed that sportsbook technology is still a focus and that the company has begun evaluating other possibilities. The Novibet deal was announced earlier this month but was subsequently called off after the Hellenic Competition Commission provided feedback. “This interest in the sportsbook technology remains on the radar of Allwyn,” Chvátal stated.Chvátal stated. “We have already started exploring other opportunities when it comes to sportsbook technology, to maybe solidify our sportsbook position in some markets of Allwyn.” CFO Kenneth Morton emphasized that internalizing sportsbook technology is a definite priority. He noted that while Allwyn already manages the majority of its lottery technology, which is crucial for user experience and sustained success, sports betting is the final component not yet handled in-house. “Sports betting is the one bit that we don’t currently have in-house, which we do think is strategically important. So we certainly see benefits to having it in-house, but as Robert said, there are many other ways that we can achieve that.”PrizePicks was another major topic of conversation. Allwyn secured a deal last September to purchase a 62.3% share in the DFS operator for an initial $1.6 billion, with additional payments contingent on performance across three years. The transaction was finalized in January, and Morton indicated the company is well-placed to pursue expansion in the US prediction market. Morton explained that PrizePicks holds an advantage as it does not require the same level of expenditure on customer acquisition as some competitors. He added that integrating DFS and predictions into a single application improves the user experience and reduces the cost of acquiring customers. “A number of operators have launched actually with three apps, so DFS, OSB and predictions in separate apps,” Morton added. “Essentially, to some extent you’re having to acquire the same customer three times. “That’s not the case for PrizePicks. On day one they went live with predictions within their DFS app, which is obviously better for the user experience, but it’s also much better from the customer acquisition cost perspective.” Allwyn also announced FY25 net revenue of €4.1 billion, a 4% increase compared to the previous year. Adjusted EBITDA also grew by 4%, reaching almost €1.6 billion. The company anticipates finalizing its merger with OPAP this month, following shareholder approval in February, which will form a combined entity worth €16 billion. 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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Nevada Court Temporarily Blocks Kalshi Event Contracts

(AsiaGameHub) - A Nevada court has provided state regulators with a recent victory in the ongoing dispute concerning prediction markets. Following a temporary restraining order issued on Friday, Kalshi is now prohibited from offering contracts related to sports, elections, and entertainment events in Nevada. A subsequent court hearing has been scheduled for April 3. Good to Know A Nevada court issued a temporary restraining order preventing Kalshi from offering sports, election, and entertainment event contracts within the state. According to the Nevada Gaming Control Board, the decision means that all known unlicensed prediction markets are now restricted in Nevada. A hearing to determine if a longer-term injunction will be imposed is set for April 3. Nevada Cuts Off Kalshi as Prediction Market Fight Keeps Growing Although Kalshi previously secured an early victory in Nevada, the situation has now reversed. The Friday order prevents the company from offering or enabling sports, election, and entertainment event contracts in the Silver State. This strengthens the position of Nevada regulators after months of legal battles over whether these contracts constitute unlicensed gambling. State regulators have consistently contended that Kalshi is operating without the gaming license mandated by Nevada law. In the court order, Judge Jason Woodbury stated that the Nevada Gaming Control Board has a reasonable likelihood of success. Reuters reported that the judge determined Kalshi's event contracts linked to college basketball, professional football, and elections fall under a Nevada I This is significant because Kalshi has persistently argued a contrasting position. The company maintains that federal oversight by the Commodity Futures Trading Commission places its event contracts beyond the reach of state gambling control. Nevada has dismissed this perspective, and the judge concurred, at least for the time being, permitting the state's case to proceed.The Kalshi case is also part of a broader conflict playing out across multiple states. Nevada has already compelled other operators to accept state-specific limitations. Court documents from Nevada indicated that Crypto.com ceased offering sports contracts to Nevada residents, while Robinhood agreed to halt offering sports event contracts in the state pending an appeal. 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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FILMART and EntertainmentPulse draw about 8,000 industry participants ACN Newswire

FILMART and EntertainmentPulse draw about 8,000 industry participants

HONG KONG, Mar 20, 2026 - (ACN Newswire via SeaPRwire.com) – The 30th Hong Kong International Film & TV Market (FILMART) and EntertainmentPulse, organised by the Hong Kong Trade Development Council (HKTDC), concluded successfully today. The two events attracted about 8,000 industry professionals from 53 countries and regions, highlighting the development momentum and collaborative potential of the global film and television industry. The events, held over four days, featured over 790 exhibitors across a record high participation of 38 countries and regions, bringing together enterprises from emerging markets like ASEAN members such as Cambodia, Malaysia, Thailand, and Vietnam, and mature film markets such as Canada, France, Italy, Korea, the United Kingdom, and the United States, further exemplifying Hong Kong’s position as a centre for cultural and artistic exchange.FILMART advances international collaboration in the film and television industryThis year’s FILMART continued to demonstrate its role as one of the region’s most influential film and television trading platforms, bringing together exhibitors, buyers and producers from both emerging and mature markets to facilitate cross-regional collaboration and business cooperations. Participating in FILMART for the first time, the General Manager of COL International Group, Timothy Oh from Singapore, noted that FILMART plays a key role in helping companies expand their international networks, he said: "I am meeting friends and new business partners from Turkey, the UK, the US, and even Brazil. Hong Kong’s role as an international hub helps create a bustling market with many business opportunities for those looking at innovation and what’s next.” Sachitha Kalingamudali, General Manager of another first-time exhibitor Mogo Studios from Sri Lanka, said FILMART exceeded his expectations. "We've met distributors from many countries, and everyone has shown genuine interest. This is a great kickstart for future partnerships." Myanmar film production company aTwentyThree even chose FILMART as its first move to explore the international market, founder Arker Soe Oo connected with distributors from the US and Europe, and expressed plans to bring more productions to the event next year.Overseas buyers also expressed strong recognition of the exhibition’s business matching effectiveness and the diversity of its content, further affirming that FILMART serves as an efficient platform for advancing collaboration across the global film and television value chain and strengthening market connectivity. Bizhan Tong, a buyer from the UK, commented: “FILMART continues to be one of the most effective platforms globally for driving cross-border collaboration. This year we formed a new strategic partnership with MOFAC, advanced multiple projects across both our and other companies' slates, and saw a highly concentrated run of meetings with partners across Asia translating into tangible co-investment and co-production opportunities.”AI Hub supports Mainland tech companies in going globalA highlight of this year’s FILMART was AI Hub which had multiple leading AI and technology companies showcasing their latest AI technologies and solutions, attracting buyers and potential partners from around the world for business discussions and exchanges. Through this platform, many Mainland start-ups and established enterprises have accelerated their expansion into overseas markets and built international networks, further enhancing brand visibility and converting opportunities into concrete business outcomes. Zhihan Zhang, Founder and CEO of Daogu Culture Limited, remarked, “Whether it is AI animation, short dramas, or digital humans, the key to the future lies in global strategy. FILMART gathers global industry professionals, facilities connections and exchanges, and enables us to understand the various client needs of different overseas markets.” In addition, the newly established "AI Academy", supported by the Cultural and Creative Industries Development Agency and the Film Development Fund, was well-received. 19 thematic workshops equipped industry professionals with hands-on AI skills and insights into emerging trends.Producers Connect fosters collaboration between local and global producersProducers Connect, jointly organised by the HKSAR’s Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the Hong Kong Film Development Council and the HKTDC, united more than 100 producers from Hong Kong and around the world this year. Through a series of networking sessions, panel discussions and workshops, Producers Connect provided a cross-regional platform for creative collaboration, enabling industry professionals to share production trends, explore co-production models and discuss potential projects. The initiative strengthens connections between Hong Kong and the international film and television community, creating more possibilities for jointly expanding into the global market. Speaking at the panel discussion titled “International Coproductions in an Evolving Film Industry Landscape,” Janet Yang, Golden Globe-winning producer, observed: “The world is getting flatter, language is mattering less and less to audiences everywhere.” Producer and director Peter Chan also mentioned: “It’s always difficult to convince the studio, the investor, or now the platform, of a vision you want to make. What you try to do is diversify your investors and partners into different regions.”48 featured forums and events examine emerging industry trendsTwo major forums held alongside FILMART — EntertainmentPulse and the Digital Entertainment Summit — focused on the latest developments in the global film, television and entertainment technology sectors, attracting strong participation from industry professionals. EntertainmentPulse addressed popular topics including artificial intelligence, streaming platform strategies, the rising popularity of short dramas, co-production and financing trends. Industry leaders shared insights on global market strategies and future directions, helping the sector capture emerging opportunities. The Financing & Investment panel, themed “Capital in Motion: Private Financing Promotes Development of Asia’s Film & TV Industry,” explored Asian private investment trends, project financing strategies and planning. Justin Deimen, Managing Partner of Goldfinch International, shared: “We need to allocate more resources and capability towards creative IP valuation. If you cannot value something, you cannot invest in it.”Meanwhile, FILMART Online IP Catalogue featured more than 2,200 creative IP projects, extending the four-day physical fair into a two-month networking platform helping industry stakeholders continue exploring business opportunities. This initiative further consolidated Hong Kong’s position as Asia’s film and entertainment trading hub. The catalogue will remain open until 27 April, enabling industry participants to transcend geographical boundaries and continue expanding global business opportunities.Website:FILMART— http://www.hktdc.com/hkfilmartEntertainmentPulse—https://hkfilmart.hktdc.com/conference/hkfilmart/en/programme'category=EntertainmentPulsePhoto Download: https://bit.ly/4sxPP6I The 30th Hong Kong International Film & TV Market (FILMART) and the EntertainmentPulse, organised by the Hong Kong Trade Development Council (HKTDC), concluded successfully today. The two events attracted about 8,000 industry professionals from 53 countries and regions, highlighting the development momentum and collaborative potential of the global film and television industryThis year, FILMART welcomes the first-time participation of emerging markets including Belgium, Poland, Sri Lanka, Myanmar, and Uzbekistan; the picture shows the exhibitor from UzbekistanThe AI Hub displays the latest AI technologies and solutions, assisting Mainland tech companies take a crucial step in going globalProducers Connect’s panel discussion specially invited renowned director Peter Chan (second left) and Golden Globe Award-winning producer Janet Yang (second right) to attend, bringing new inspirations and directions for international co-productions to the industryEntertainmentPulse addresses a range of popular topics, including artificial intelligence, streaming platform strategies, the rising popularity of short dramas, co-production and financing trends. Industry leaders share insights on global market strategies and future directions, helping the sector capture emerging opportunitiesMedia enquiries:For enquiries, please contact:Raconteur PR:Betsy TseTel: (852) 9742 7338 Email: betsytse@raconteur.hkMolisa LauTel: (852) 6187 7786 Email: molisalau@raconteur.hkHKTDC Communication and Public Affairs Department:Serena Cheung Tel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgHKTDC Mediaroom: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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TANAKA Announces Executive Appointments ACN Newswire

TANAKA Announces Executive Appointments

TOKYO, Mar 20, 2026 - (JCN Newswire via SeaPRwire.com) - TANAKA PRECIOUS METAL GROUP Co., Ltd. (Head office: Chuo-ku, Tokyo; Group CEO: Koichiro Tanaka) announces that its Board of Directors tentatively decided, at a meeting held on February 16, 2026, the appointment of new Audit & Supervisory Board Members. The Boards of Directors of each group company—TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd., TANAKA PRECIOUS METAL RETAILING Co., Ltd., and TANAKA ELECTRONICS Co., Ltd.—also tentatively decided on the same appointment.Press inquiriesTANAKA PRECIOUS METAL GROUP Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media/ TANAKA’s Executive Appointments1. TANAKA PRECIOUS METAL GROUP Co., Ltd. (Effective of March 26, 2026)New PositionName Previous PositionAudit & Supervisory Board MemberNobutaka AokiNewly Appointed *The Audit & Supervisory Board Member is scheduled to be appointed at the Annual General Meeting of Shareholders to be held on March 26, 2026.*Satoru Ochiai is scheduled to retire from the position of Audit & Supervisory Board Member effective March 26, 2026.2. TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd. (Effective of March 26, 2026)New PositionName Previous PositionAudit & Supervisory Board MemberNobutaka AokiNewly Appointed Audit & Supervisory Board MemberHiroyuki SakamotoNewly Appointed *The Audit & Supervisory Board Member is scheduled to be appointed at the Annual General Meeting of Shareholders to be held on March 26, 2026.*Satoru Ochiai is scheduled to retire from the position of Audit & Supervisory Board Member effective March 26, 2026.3. TANAKA PRECIOUS METAL RETAILING Co., Ltd. (Effective of March 26, 2026)New PositionName Previous PositionAudit & Supervisory Board MemberNobutaka AokiNewly Appointed *The Audit & Supervisory Board Member is scheduled to be appointed at the Annual General Meeting of Shareholders to be held on March 26, 2026.*Satoru Ochiai is scheduled to retire from the position of Audit & Supervisory Board Member effective March 26, 2026.4. TANAKA ELECTRONICS Co., Ltd. (Effective of March 26, 2026)New PositionName Previous PositionAudit & Supervisory Board MemberNobutaka AokiNewly Appointed *The Audit & Supervisory Board Member is scheduled to be appointed at the Annual General Meeting of Shareholders to be held on March 26, 2026.*Satoru Ochiai is scheduled to retire from the position of Audit & Supervisory Board Member effective March 26, 2026.Press Release: https://www.acnnewswire.com/docs/files/20260320.pdf Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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MarketingPulse and eTailingPulse attract more than 1,700 industry professionals ACN Newswire

MarketingPulse and eTailingPulse attract more than 1,700 industry professionals

HONG KONG, March 20, 2026 - (ACN Newswire via SeaPRwire.com) – Organised by the Hong Kong Trade Development Council (HKTDC), MarketingPulse and eTailingPulse successfully concluded at the Hong Kong Convention and Exhibition Centre (HKCEC). The premier annual e-commerce and brand marketing events drew a vibrant crowd of more than 1,700 industry professionals from 22 countries and regions, who gathered in Hong Kong to navigate the ever-evolving marketing landscape and redefine the blueprint for business growth.Driving brand evolution through innovationWelcoming delegates to the conferences, Sophia Chong, Executive Director of the HKTDC, said: "Rapid advances in digital technologies are allowing e-commerce to reshape the market landscape, transforming how businesses reach consumers, transact and scale. From AI-driven personalisation to social commerce, the pace of change is unprecedented, and with this change comes significant opportunity. The theme for this year’s events, "Generate New Growth", challenges us to seize these opportunities by exploring how fresh ideas, new technologies and bold strategies can power the next wave of momentum."E-commerce experts unpack the latest AI trendsThis year’s MarketingPulse and eTailingPulse staged 30 thematic sessions, with a comprehensive agenda exploring topics including "Growth leaders", "E-commerce new horizons", "Cutting edge marketing dynamics/new market potential", " Social media best practices", the "Meet the celebrity dialogue series”, and "PR disasters and opportunities", complemented by a series of digital marketing and e-commerce workshops. More than 85 esteemed e-commerce pioneers, brand leaders, marketing experts and innovative entrepreneurs from around the globe were invited to dissect the latest e-commerce innovations, global marketing trends and consumer opportunities, exploring how to cultivate new growth in a rapidly shifting marketing ecosystem.When discussing the development and outlook for e-commerce, multiple industry experts at the conferences highlighted the importance of artificial intelligence (AI) applications and its latest trends. Terry Li, Vertical General Manager of Smart Retail, Tencent, noted that “AI is redefining digital commerce, and integrating AI into enterprise architecture properly is key to success. It will not destroy creativity; instead, it can inspire creativity and enable personalised customer experiences.” Bruce Pan, Cross-border Industry Operations Manager of TikTok Shop US, added that the real competitive edge will lie not in generating more content faster, but in combining creative direction, understanding the competitive edges of products and emotional storytelling.Quick commerce charts a new course for e-commerceToday's consumers have an insatiable appetite for convenience and personalisation, compelling brands to accelerate the transformation of their e-marketing strategies. Precision data and AI are fundamentally rewiring consumer experiences. Patrick Zhang, Senior BD Manager of Amazon Global Selling, pointed out that the next phase of globalisation will be defined by how quickly and accurately brands can understand local consumer needs and translate data insights into high-quality growth. Yatong Qiu, Vice President of Taobao & Tmall Group, Alibaba, highlighted how brands and merchants can deploy agile merchandising strategies, real-time digital marketing and speed-oriented approaches to upgrade supply chains and streamline order fulfilment, catering to the modern consumer's desire for "everything, instantly". And the "Decoding the Gateway to ASEAN: Cross Border Growth and Market Entry Strategies" session explored tactics for entering the ASEAN market. Speakers including Luca Barni, SVP, Commercial at Lazada Group, shared battle-tested experiences, providing a practical compass for enterprises eyeing ASEAN e-tailing expansion.Visionary insights from distinguished brand leadersAs the consumer market pivots towards experience-driven models, "taste" and "perception" have become the ultimate battlegrounds for brand competitiveness. Brands are no longer merely delivering product value; they are curating a lifestyle. The "Growth leaders" series at MarketingPulse was inaugurated by Pauline Brown, former Chairman of LVMH North America, who delivered a presentation address on “Aesthetic Intelligence”, illustrating how sensory management and design thinking can elevate brand value and customer experience. “Economic inequality, environmental threats, and the rise of AI make the pursuit of aesthetic intelligence more important than ever,” Ms Brown said. “While AI enhances efficiency, consumers care about brands creating authentic sensory pleasure. Only people can truly convey a clear, well-articulated vision that resonates with customers.”Haijun Wang, Founder, Chief Executive Officer & Chief Experience Officer of Atour Lifestyle Holdings, shared his philosophy on weaving lifestyle experiences into hotel and lifestyle brand management. By extending the "accommodation experience" into new retail, he demonstrated how to forge brand identity through lifestyle sensibilities and customer resonance. Mr Wang believes that when both service and space strike an emotional chord, the resulting customer loyalty offers an enduring competitive edge. "In the experience economy, emotional value and authentic customer advocacy are becoming more important, making experience not only a point of differentiation, but also a source of sustainable brand growth and long-term development potential,” he said.As younger generations emerge as the dominant consumer force, the dynamic between brands and youth demographics is being entirely redefined. JinHee Lee, Chief Operating Officer of South Korea's Olive Young, shared the brand's triumphant journey from local flagship to a global powerhouse. He showcased how this Korean beauty titan leverages seamless omnichannel operations and data-driven marketing strategies, using technology as a compass to build international competitiveness. “In order for a beauty brand to go global, it’s essential to develop a marketing platform that combines digital promotion and offline data,” he explained. “By integrating physical stores with online apps, we have built a seamless omnichannel ecosystem that continuously adapts to our customers’ lifestyles and needs. providing real time updates on product stock and promotions.”Crafting an immersive and unforgettable shopping experience to amplify marketing efficacy and fortify long-term brand influence has always been the golden rule for major international brands. Krzysztof Andrzej Kowal, Global Retail Design Director at YSL Beauty, L'Oréal Luxe, took the stage in the session "The Poetics of Branding: Weaving Story, Design, and Emotion into Iconic Narratives". He shared how to transform physical retail spaces into the ultimate storytelling canvas through the alchemy of "Design × Story × Emotion". He said that to build emotional connections with customers, “physical stores should transcend showcase roles to become temples of experience and content factories that generate authentic and multi-sensory moments. By blending current trends like Y2K and nostalgia, we build up our persona based on new trends while maintaining our brand culture. At the same time, we maintain a cohesive global identity while adapting to local cultures.”Creative social content ignites brand resonanceIn an era saturated with content and dictated by algorithms, brands and creators must rebuild emotional bridges through authenticity and the power of storytelling. This year's conferences approached the subject through the lenses of film, television, social media and content creation, exploring how culturally resonant content can captivate audiences and amplify brand value.Actor and "Threads Admin" Ng Siu-hin joined forces with Kenie Kwok, Creative Strategy Lead at Meta, in the dialogue "Threads for Consumer and Audience Engagement", comprehensively decoding the "traffic matrix" for the platform. Continuing the creative thread, the "Meet the celebrity dialogue series” invited actor and singer-songwriter Louis Cheung to share his creative odyssey and breakthrough moments. Spanning music to on-screen performances, Louis underscored the importance of staying true to one's original aspirations and authentic expression, inspiring brands and creators to co-create content with genuine warmth. Meanwhile, content creator and MUSE TV founder Mayao shared his ingenious use of disruptive social media promotional tactics to market music and content, leaving an indelible mark on the public consciousness.As AI permeates every aspect of the marketing and design sectors, creative thinking faces an unprecedented paradigm shift. Award-winning creative minds, including Stephen Rogers, Group Creative Director at Droga5 from Ireland, explored this dynamic in the session "Creativity & AI: Human vs Artificial Mind". The speakers revealed that human imagination and intelligent technology are engaged in a symbiotic dance rather than a zero-sum game, with industry pioneers sharing how to masterfully navigate the shifting boundaries between human intuition and AI.Practical insights and business matchmaking foster cross-sector synergyBeyond the main forums and InnoTalks series, the events introduced a new feature, “e-Commerce Connect”, that brought together nearly 30 local and international exhibitors to showcase the latest one-stop e-commerce solutions. A series of digital marketing and e-tailing workshops was also held, at which industry experts imparted strategies for AI integration, cross-border market navigation, and brand influence elevation, arming participating brands with actionable intelligence. The organiser curated multiple networking events and arranged more than 170 one-on-one business matchmaking sessions for attendees and exhibitors. In addition, singer James Ng graced the event with a live performance during the conferences’ Happy Hour session.Widespread industry support drives sector advancementThis year's MarketingPulse and eTailingPulse received robust support from numerous organisations and industry bodies, including the Association of Accredited Advertising Agencies of Hong Kong (HK4As), the Hong Kong Internet & Ecommerce Association, the Hong Kong Federation of E-Commerce (HKFEC), the Hong Kong Live E-Commerce Association, the Hong Kong Public Relations Professionals’ Association, IAB Hong Kong and PRHK, providing attendees with invaluable market intelligence and unique perspectives.Forum highlights available via Video on Demand for one monthThe Video on Demand pass for MarketingPulse and eTailingPulse is available from today, 20 March, until 19 April. Industry professionals are encouraged to leverage the platform's versatile features during this period to revisit the wealth of insights shared across the events.Related websites- MarketingPulse website: https://marketingpulse.hktdc.com/conference/mp/en- eTailingPulse website: https://etailingpulse.hktdc.com/conference/etp/en- Hong Kong International Film & TV Market (FILMART) and EntertainmentPulse:https://hkfilmart.hktdc.com/conference/hkfilmart/enPhoto download: https://bit.ly/4sVaOAgHKTDC Executive Director Sophia Chong delivered the welcome remarks. She said the theme for this year’s events, "Generate New Growth", challenged us to seize these opportunities by exploring how fresh ideas, new technologies and bold strategies can power the next wave of momentumMarketingPulse and eTailingPulse attracted more than 1,700 industry professionals from 22 countries and regionsPauline Brown (right), former Chairman of LVMH North America and author of Aesthetic Intelligence, illustrated how sensory management and design thinking can elevate brand value and the customer experienceHaijun Wang, Founder, Chief Executive Officer & Chief Experience Officer of Atour Lifestyle Holdings, shared how to seamlessly weave cultural aesthetics into the management of hotel and lifestyle brandsJinHee Lee, Chief Operating Officer of Olive Young, showcased how Korean beauty leverages agile operations and trend curation, using technology to build international competitivenessKrzysztof Andrzej Kowal, Global Retail Design Director at YSL Beauty, L'Oréal Luxe, highlighted how to craft an immersive and unforgettable shopping experienceJohn Deschner (right), Head of Brand at Maximum Effort, shared how to masterfully repackage negative reactions into creative and heartwarming brand storiesMarketingPulse and eTailingPulse introduced a new feature, “e-Commerce Connect”, bringing together close to 30 local and international exhibitors to showcase the latest one-stop e-commerce solutionsMedia enquiriesFor enquiries, please contact:Raconteur PR Agency:Betsy TseTel: (852) 9742 7338Email: betsytse@raconteur.hkMolisa LauTel: (852) 6187 7786Email: molisalau@raconteur.hkHKTDC Communication and Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgHKTDC Newsroom: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Anticipation of Unitree Robotics’ IPO Heats Up, Value Revaluation for Shoucheng Holdings (0697.HK) Expected ACN Newswire

Anticipation of Unitree Robotics’ IPO Heats Up, Value Revaluation for Shoucheng Holdings (0697.HK) Expected

HONG KONG, Mar 20, 2026 - (ACN Newswire via SeaPRwire.com) - Recently, the robot sector has garnered increasing attention, with humanoid robots and embodied AI becoming a primary focus in the capital markets. As a leading enterprise in this field, Unitree Robotics has gradually become a key benchmark for the market’s pricing of the robotics industry due to its technological progress, product iterations, brand popularity, and capitalization process. In this context, Shoucheng Holdings (0697.HK) is being increasingly viewed by the market as a "Unitree Robotics concept stock" supported by industrial logic, owing to its investment in Unitree and its continuous layout across the robotics industry chain.It is worth noting that Shoucheng Holdings participates as more than just a financial investor. In fact, as a platform-based enterprise, Shoucheng Holdings possesses multiple capabilities, including industrial investment, scenario resources, operational expertise, and ecological synergy. Its relationship with Unitree Robotics extends beyond the capital level and may expand into scenario implementation, business synergy, and industrial empowerment in the future. This is a key factor that distinguishes it from typical concept stocks.Shoucheng Holdings’ investment in Unitree Robotics is not only a capital participation but also an effort to drive the commercialization of leading robotics companies through its own platform resources, thereby amplifying its own value within the industry chain. Market analysts believe that this "Investment + Scenario + Service + Ecosystem" model offers greater scalability than single equity investments and helps provide sustained valuation support.From a capital market perspective, Shoucheng Holdings currently possesses multiple pricing logics:Thematic Investment Logic: Analysts believe that Unitree Robotics, as a high-profile company in the robotics track, may generate a "spillover effect" on related listed companies through its brand influence and capitalization progress. In an environment of high sector activity and rising market risk appetite, this factor is expected to draw market attention to Shoucheng Holdings.Platform-Based Revaluation Logic: Some analysts point out that if Shoucheng Holdings continues to disclose progress in scenario cooperation and commercial projects with Unitree and other robotics firms, its pricing logic may shift from "concept mapping" to a "robotics industry platform." This means its valuation anchor will no longer be limited to single-project investment returns but will rely on its ability to build a scarce robotics platform asset in the Hong Kong stock market.Performance Realization and Exit Return Logic: Capital market judgment ultimately returns to the ability to deliver results. With 2026 regarded as a critical year for the industrialization and capitalization of humanoid robots, Shoucheng Holdings' robotics investment portfolio is expected to enter a "harvest period," driving its valuation system from being purely expectation-driven to being driven by both expectations and performance.According to information previously disclosed by management, approximately four portfolio companies, including Unitree Robotics, are expected to initiate the IPO process in 2026. If these projects successfully enter the IPO stage, Shoucheng Holdings will not only realize capital returns but also strengthen its influence and platform status in the robotics field. Its future value will stem from a complete value loop: IPOs of invested projects, valuation increases, the release of exit returns, and deepened industrial synergy.The market is widely watching how Shoucheng Holdings' financial performance may be further enhanced as star projects like Unitree Robotics see valuation increases and as investment portfolios enter potential realization periods. Analysts suggest that if the company releases positive signals in both financial reports and capital operations, its valuation logic may upgrade from concept mapping to "performance-driven platform revaluation."Overall, the definition of Shoucheng Holdings as a "Unitree Robotics concept stock" is based on actual industrial layout and ecological capabilities rather than simple thematic association. In the short term, the company serves as a vehicle for the spillover of Unitree’s popularity; in the medium term, it may benefit from the overall valuation rise of the robotics sector; and in the long term, its value anchor is expected to evolve into an asset with both industrial platform attributes and performance realization capabilities.Industry analysis suggests that as the capitalization expectations of portfolio companies like Unitree Robotics heat up, Shoucheng Holdings is poised to benefit from the dual feedback of asset revaluation and earnings growth. Driven by these factors, the company’s growth potential and valuation elasticity are well-positioned for release. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Global Capital Reset Takes Centre Stage at Hall Chadwick’s U.S. Capital Access Forum in Singapore ACN Newswire

Global Capital Reset Takes Centre Stage at Hall Chadwick’s U.S. Capital Access Forum in Singapore

HONG KONG, March 20, 2026 - (ACN Newswire via SeaPRwire.com) – Against a backdrop of rising geopolitical tension, shifting trade alliances and accelerating technological disruption, global corporate leaders and investors gathered in Singapore last week for Hall Chadwick’s U.S. Capital Access Forum: the Art of an IPO, exploring how companies are repositioning themselves for a new era of global capital formation.Held over two days at Capella Hotel, Sentosa Island, Singapore, the Forum convened senior executives, capital markets leaders and technology innovators to examine the evolving relationship between capital markets, supply chains, emerging technologies and national economic strategy.Participants also explored how geopolitical competition, industrial policy and supply-chain realignment are reshaping investment flows across sectors including critical minerals, artificial intelligence, digital assets and financial infrastructure.The Forum featured Donald Trump Jr., Executive Vice President of The Trump Organization, as keynote speaker. In his address, he discussed how the world is increasingly recognising the risks of strategic dependence within global supply chains and the need for nations and corporations to strengthen domestic and allied production capacity in critical sectors. He also emphasised that capital markets are increasingly shaped by geopolitical and policy considerations, particularly in areas such as energy, technology and industrial capability.The programme also brought together senior industry figures including Robert Friedland, Founder and Executive Co-Chairman of Ivanhoe Mines; Bob McCooey, Chairman of Nasdaq APAC; Mick McMullen, Chairman of Metals Acquisition Corp II; Dulguun Erdenebaatar, CEO of Boroo Pte Ltd; Jared Shaw, CFO of Animoca Brands; Amar Bedi, CEO of Tashi Network; Gary Dugan, CEO of The Global CIO Office; and David Brudenell, Co-CEO of Decidr.ai, and many more.Across the programme, speakers examined the growing convergence of capital markets, technology and geopolitics, with particular attention to how global companies can access U.S. capital markets while navigating regulatory shifts, supply-chain volatility and emerging technological disruption.Opening the Forum, Hall Chadwick Managing Partner Richard Albarran said the global investment landscape is entering a new phase in which capital access, technological capability and geopolitical positioning are increasingly intertwined.Richard Albarran, Managing Partner of Hall Chadwick, said: “We are entering a period where capital markets, critical resources and technological capability are becoming deeply intertwined with national economic strategy.This Forum was created to bring together global leaders to explore how companies can access U.S. capital markets while navigating an increasingly complex geopolitical and investment landscape.”Albarran noted that Hall Chadwick is actively supporting companies pursuing international capital strategies, including transactions announced during the Forum involving major critical minerals and energy infrastructure projects.A major theme across the Forum was the restructuring of global supply chains and the increasing strategic importance of energy transition resources and critical minerals, which are becoming central to both economic development and national security.During the panel discussion “The Supply Chain Scramble”, Mick McMullen, Chairman of Metals Acquisition Corp II, and Dulguun Erdenebaatar, Chief Executive Officer of Boroo Pte Ltd, joined Rod Colwell, CEO of Controlled Thermal Resources, and Tony Sage, CEO of Critical Metals Corp, to share their perspectives on the growing urgency of securing strategic resources, strengthening downstream processing capabilities and building more resilient supply chains amid rising geopolitical competition.Capital markets leaders also examined how global exchanges are adapting to evolving cross-border listing trends, particularly as companies explore U.S. IPO and SPAC structures to access international capital.Sharing at the panel discussion “Future Vibrancy on Nasdaq: AI & Robotics”, Bob McCooey, Chairman of Nasdaq APAC, said: “Most companies belong in their local markets, but every year a number of companies with global ambitions choose to list internationally. When they make that decision, we believe Nasdaq offers the strongest platform for global capital and liquidity.”Sessions also explored topics ranging from the institutional integration of digital assets and stablecoins, to the growing role of artificial intelligence in enterprise systems and capital markets infrastructure.Speakers highlighted the increasing strategic importance of AI-driven enterprise capability, with companies seeking to develop sovereign technology infrastructure capable of supporting global scale and resilience.Throughout the Forum, participants discussed how investors and corporations are navigating a period of heightened volatility while positioning themselves for the next phase of global economic growth.Many noted that the interplay between capital markets, geopolitical competition, technological innovation and industrial policy will likely define global investment strategies for the coming decade.The Forum concluded with a forward-looking discussion on how corporations and investors are adapting to a rapidly evolving global landscape shaped by geopolitical competition, supply-chain realignment and accelerating technological change. Participants noted that access to deep and liquid capital markets, particularly in the United States, will remain a critical advantage for companies seeking to scale globally, while cross-border hubs such as Singapore will continue to play an important role in facilitating capital flows between East and West.Reflecting the growing convergence between energy infrastructure, critical minerals and global capital markets, the Forum also coincided with the announcement of a proposed business combination between Controlled Thermal Resources (CTR) and Plum Acquisition Corp. IV, which would enable CTR to advance development of its Hell’s Kitchen geothermal and critical minerals project in California. Hall Chadwick is serving as exclusive corporate, financial and lead capital markets advisor to CTR on the transaction.Richard Albarran, Managing Partner, Hall Chadwick, delivers opening remarks at the U.S. Capital Access Forum: The Art of an IPO, held at Capella Hotel, Sentosa Island, Singapore.Donald Trump Jr., Executive Vice President, The Trump Organization, delivers the keynote address “Trade, Sovereignty & the Capital Reset” at the U.S. Capital Access Forum in Singapore.Robert Friedland, Founder and Executive Co-Chairman, Ivanhoe Mines, speaks during his keynote address “The Dawn of the Copper Age” at the U.S. Capital Access Forum.Bob McCooey, Chairman, Nasdaq APAC, speaks at the panel discussion “Future Vibrancy on Nasdaq: AI & Robotics” and delivers closing remarks at the U.S. Capital Access Forum.Panel discussion “The Supply Chain Scramble” at the U.S. Capital Access Forum.From left to right:Lucy Greenleaf, Co-master of ceremoniesRod Colwell, Chief Executive Officer, ACR;Mick McMullen, Chairman, Metals Acquisition Corp II;Tony Sage, Chief Executive Officer, Critical Metals Corp;Dulguun Erdenebaatar, Chief Executive Officer, Boroo Pte Ltd. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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U.S. Polo Assn. Unveils 2026 Spring-Summer Global Collection, Inspired by Coastal Charleston, South Carolina ACN Newswire

U.S. Polo Assn. Unveils 2026 Spring-Summer Global Collection, Inspired by Coastal Charleston, South Carolina

West Palm Beach, FL, Mar 19, 2026 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), has launched its sport-inspired Spring-Summer 2026 Global Collection, a vibrant seasonal lineup inspired by coastal Americana and the relaxed spirit of seaside living. The campaign was photographed in historic Charleston, South Carolina, where Rainbow Row's pastel architecture, coastal landscapes, and the heritage of the Hyde Park Polo Club field create the perfect backdrop for the iconic global brand's latest styles.U.S. Polo Assn. 2026 Spring-Summer Global Collection Photoshoot in Charleston, South CarolinaThe U.S. Polo Assn. campaign once again highlights the authentic connection between the sport of polo and the globally recognized lifestyle brand inspired by the sport. Apparel and accessories from the Spring-Summer 2026 Global Collection are now available.Global Collection at a Glance: Spring-Summer 2026Theme: Coastal Americana with relaxed resort silhouettes, sport-inspired styleLocation: Charleston, South Carolina, including Rainbow Row, The Dunlin Resort, Hyde Park Polo Club, and the Charleston coastlineKey Pieces: Classic polo shirts, breezy dresses, sporty shorts, woven shirts, lightweight cable knits, and the U.S. Open Polo Championship® Capsule CollectionColor Palette: Spring pastels, vibrant summer brights, and nautical red, white, and blue in the spirit of the USA's 250th BirthdayPatterns: Bold seasonal stripes across polo shirts, linen shirts, and relaxed summer layersKey Fabrics: Breathable linens, lightweight knits, and textured cotton blendsAvailability: Available globally in stores and online now"This season's collection continues to reflect what has always set U.S. Polo Assn. apart, which is our direct connection to the sport that inspires our brand around the world," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar global U.S. Polo Assn. brand. "As the Official Sports Brand of the United States Polo Association, our inspiration is shaped by the sport of polo, from the players and the fields to the heritage of the game itself.""Shooting in Charleston, South Carolina, allowed us to capture that Coastal Americana spirit while showing how these pieces move seamlessly from the polo field to everyday life," said Stefanie Coroalles, Vice President of Global Marketing for USPA Global. "From the pastel charm of Rainbow Row to the open fields of Hyde Park Polo Club and the sunlit Charleston coast, the setting brings the Spring-Summer 2026 Global Collection to life, blending relaxed resort style, vibrant color, and the timeless heritage of the sport."U.S. Polo Assn.'s seasonal iconic polo shirts are offered in an expansive range of fabrics and finishes, with updated designs featuring textured ribs, subtle patterns, and elevated construction details, delivering a modern take on the classic polo shirt across men's, women's, and kids' collections. Designed for a life in motion, the season's polo shirt is a versatile short-sleeved button-down, available in classic neutrals or vibrant colors, staying true to the brand's classic, sporty identity. Finished with the brand's signature Double Horsemen logo, every U.S. Polo Assn. polo shirt carries a mark of the sport's authenticity and is a true wardrobe icon."For U.S. Polo Assn.'s Spring-Summer Global Collection, our Design Team set out to create pieces that feel fresh, effortless, and easy-to-wear, perfectly suited for the warmer months," said Jessica Ramesberger, Vice President of Merchandising and Design for USPA Global. "We played with vibrant spring pastels, bold summer brights, and textured fabrics to bring new energy to our most iconic silhouettes."The Spring-Summer 2026 launch also introduced the U.S. Open Polo Championship® Capsule Collection, inspired by America's most prestigious polo tournaments held at the USPA National Polo Center (NPC). The limited-edition capsule celebrates the heritage and excitement of this iconic tournament through a global branded collection around the world that connects fans and consumers to the sport and the brand. The high-goal American polo season culminates with the U.S. Open Polo Championship Final, which takes place on April 26, 2026, at NPC and broadcasts on multiple ESPN platforms, including ESPN2, as well as other media distribution around the world. Check your local listings for airtimes."The 2026 U.S. Polo Assn. Global Spring-Summer Collection and the U.S. Open Polo Championship Capsule Collection bring the sport's legacy to life through timeless Americana style that resonates with consumers and sports fans around the world," Prince adds.Known worldwide for its authentic sport inspiration, U.S. Polo Assn. continues to incorporate products aligned with its global sustainability program, USPA Life, reflecting the brand's commitment to responsible sourcing and long-term environmental initiatives around people, product, and planet.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, and Star Sportsin India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth and sports content. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.For Additional Information, Contact:Stacey Kovalsky - VP, Global PR and CommunicationsPhone +954.673.1331 - E-mail: skovalsky@uspagl.comKaela Drake - Senior PR and Communications SpecialistPhone +001.561.530.5300 - E-mail: kdrake@uspagl.comSOURCE: U.S. Polo Assn. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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