IFC/Shudder(SeaPRwire) - It feels fitting that Diablo Cody's name is associated with Forbidden Fruits. While Cody did not write the film, it is adapted from the provocatively titled play Of the woman came the beginning of sin, and through her we all die by Lily Houghton, which was loosely inspired by Houghton's experiences working at a bohemian retail chain. Meredith Alloway directed the film, marking her transition to feature filmmaking after a series of successful short films. However, Cody, who served as a producer on Forbidden Fruits, also wrote Jennifer's Body, a film that paved the way for movies like Forbidden Fruits.Forbidden Fruits is part of a growing subgenre of horror films that explore femininity and feminine aesthetics, recently termed "girl horror" in Rue Morgue magazine. This subgenre has gained traction in the late 2010s, coinciding with a greater presence of women in the horror genre, both as fans and creators, in what was once a predominantly male space. Concurrently, critics began to re-examine Cody and director Karyn Kusama's 2009 film, establishing them as pioneers for a new wave of unapologetically "girly" horror films such as Raw (2016) and Promising Young Woman (2020).Alloway's work aligns with this tradition; her 2019 short film, Deep Tissue, for instance, uses themes of cannibalism to examine body image and sexuality against a backdrop of flowing pink hotel curtains. Visually, Forbidden Fruits presents a slightly sharper aesthetic, embedding its "girlypop" sensibility within the minimalist style of 21st-century retail. This creates an effect akin to a dazzling set of long acrylic nails—whimsical and feminine, yet also hard and sharp. The film certainly unleashes its sharp edges through its dialogue and, later, in a couple of gruesome sequences that escalate the characters' cattiness to startling new levels.The only aspect of Forbidden Fruits that feels anachronistic is its setting in a mall, an establishment that has largely vanished from most North American cities. Specifically, the film is set in a suburban Dallas, Texas mall, where the dominant figure, Apple (Lili Reinhart), and her employees and confidantes, Cherry (Victoria Pedretti) and Fig (Alexandra Shipp), manage the Free Eden boutique with an iron grip, conveyed through their stylish vinyl attire. Their manager, Sharon (Gabrielle Union), is present because the previous young woman to be part of this inner circle—the unfortunately and whimsically named Pickle (Emma Chamberlain)—experienced a breakdown and was hospitalized following a conflict with the group.Alexandra Shipp reviews Lola Tung’s resume in Forbidden Fruits. | IFC/ShudderConsequently, Free Eden is hiring, and the ambitious Pumpkin (Lola Tung) secures the position after demonstrating she is far too attractive and cool for a pretzel stand. Her name, reminiscent of an autumn fruit, also proves advantageous, as Pickle's departure has created an opening within the coven of witches that Apple and her friends convene in the Free Eden dressing room after hours. The film's witchcraft scenes perfectly encapsulate the blend of light and dark that defines Forbidden Fruits: while the potion Pumpkin must consume for her initiation is brewed in a sparkly cowboy boot, it also contains human blood.Some of the film's edge stems from its characters: the relationship between Apple and Cherry is depicted as abusive, with Apple manipulating Cherry into believing she is too unstable to make even minor decisions. Fig, who holds a physics degree before working at Free Eden, is more cautious and independent. However, she remains complicit, concealing her relationship with her boyfriend to avoid upsetting Apple's obsessive need for control over the coven. The film cleverly satirizes these toxic dynamics by framing them with cheerful slogans about "girls supporting girls," prompting questions about the nature of healthy friendships for the film's target audience of young women.Lili Reinhart gets her witch on in Forbidden Fruits. | IFC/ShudderTowards the end, Forbidden Fruits transitions from a campy, character-focused witchcraft narrative to a slasher film, complete with a classic slasher twist. This shift represents the film's primary weakness, as by the time it introduces its stalk-and-murder sequences, it is too late to effectively build suspense. Had this transition occurred earlier, the film, and its audience, might have had more time to adjust to this new horror style. Regardless, the extravagant set pieces that punctuate this part of the movie are as over-the-top as the outfits the Free Eden employees wear to assert their dominance on the sales floor and in the food court.Featuring a well-chosen ensemble of emerging young actors who deliver the sharp, comedic dialogue with apparent ease, Forbidden Fruits is highly relevant to contemporary culture. Reinhart's performance is particularly noteworthy, evolving from intimidating to terrifying, imbued with the subtle pathos essential for a compelling horror villain. All involved, from the cast to the costume and set designers, fully embrace the film's distinct sensibility, which may not appeal to everyone. However, for teenage girls discovering horror or adult women who wish such films had existed during their youth, both the concept and its execution will resonate strongly. While you might not be invited to join their clique, you likely wouldn't want to anyway.Forbidden Fruits premieres in theaters on March 27, distributed by Shudder and Independent Film Company. This article is provided by a third-party content provider. SeaPRwire (https://www.seaprwire.com/) makes no warranties or representations regarding its content. Category: Top News, Daily News SeaPRwire provides global press release distribution services for companies and organizations, covering more than 6,500 media outlets, 86,000 editors and journalists, and over 3.5 million end-user desktop and mobile apps. SeaPRwire supports multilingual press release distribution in English, Japanese, German, Korean, French, Russian, Indonesian, Malay, Vietnamese, Chinese, and more.
Who Exactly Is Mr. Charles In ‘Daredevil: Born Again’? Season 2’s Villain Explained
Marvel Studios(SeaPRwire) - Following a fiery season finale where Wilson Fisk and Matt Murdock at last ceased evading their true selves, and after a year-long wait to discover just how New York City would erupt in the aftermath, Daredevil: Born Again has returned to Disney+ with a compelling Season 2 premiere that finds Matt and Karen finally taking the offensive against their longtime foe and resident unshakable force, Wilson Fisk. Both the first and second seasons—serving as both a continuation and a reboot of the original Netflix series—also draw heavily from Chip Zdarsky’s celebrated run on the character, which elevated The Kingpin to New York City mayor and gave him command of a state-approved anti-vigilante secret police unit, while Matt Murdock grappled with the law’s effectiveness amid unfathomable judicial corruption. That run concluded with the Marvel Comics crossover Devil’s Reign, which pitted Daredevil and several of his heroic allies against Kingpin and his forces; after Fisk won the mayoral race in Born Again’s first season, many thought the MCU was heading toward some kind of Devil’s Reign adaptation—though the initial trailer for Spider-Man: Brand New Day might have extinguished that possible plan.Putting aside any possible Spider-Man cameos, Born Again is quickly introducing both new and returning characters—some supporting Daredevil and others aligning with The Kingpin. The season trailer teased the comeback of Krysten Ritter’s Jessica Jones, a door that could open to the return of other Netflix Defenders (no word on that yet), and while a handful of other minor but recognizable faces are set to appear, there’s one enigmatic figure who’s already sparking intense fan speculation even though it’s his first MCU outing.Warning! Spoilers ahead for Daredevil: Born Again Season 2’s premiere.Sorry to disappoint but it doesn’t look like a wedding with Luke Cage is coming anytime soon. | Marvel StudiosIn Season 2’s premiere, Matthew Lillard makes his official MCU debut as the unshakable Mr. Charles, a fixer dispatched from Washington’s upper echelons (directly under Julia Louis-Dreyfus’ Contessa Valentina Allegra de Fontaine) after Daredevil targets a private freighter smuggling illegal weapons (and possibly more) under Mayor Fisk’s authority. The freighter’s sinking catches the eye of individuals far higher up the chain, who send their own operative to monitor Kingpin’s operations—cue Mr. Charles, an extraordinarily composed logistics specialist fearless of nearly everything, including the typically brutal Wilson Fisk.Unsurprisingly, online fans have gone into detective mode to unravel the character’s secret identity, though the truth is far simpler than Mephisto or other common MCU fan theories. Mr. Charles does have a Marvel Comics equivalent, but his only appearance is non-canon: he showed up briefly as a businessman assisting the nefarious Roxxon Corporation in an issue of a special series Marvel released in collaboration with the Army and Air Force Exchange Service. To date, the character has not reappeared, either in non-canon or the main 616 Marvel Universe.He’s certainly no less sinister without a mask or a secret identity. | Marvel StudiosThe Roxxon Corporation has popped up several times in the MCU, from Agent Carter to Captain America: Brave New World, though never in a major way. It’s conceivable that Mr. Charles is the start of a bigger storyline involving the company, but realistically, the character is likely just a name taken from his one comic appearance and repurposed as a type of enforcer, with loyalties to Washington and the political and corporate interests there.Both Daredevil: Born Again Season 1 and the Season 2 premiere center on Wilson Fisk’s efforts to gain legitimacy being thwarted by individuals with far grander ambitions and vastly more resources than him: politicians and billionaires, the ones who truly hold the power to impose their will on the world (for good or ill, but often ill). Only time will reveal if Lillard’s Mr. Charles turns out to be a known villainous figure, but for now, it’s reasonable to say his presence embodies the show’s core true villain: corrupt, weaponized bureaucracy.Daredevil: Born Again Season 2’s premiere is now streaming on Disney+. New episodes drop on Tuesdays. This article is provided by a third-party content provider. SeaPRwire (https://www.seaprwire.com/) makes no warranties or representations regarding its content. Category: Top News, Daily News SeaPRwire provides global press release distribution services for companies and organizations, covering more than 6,500 media outlets, 86,000 editors and journalists, and over 3.5 million end-user desktop and mobile apps. SeaPRwire supports multilingual press release distribution in English, Japanese, German, Korean, French, Russian, Indonesian, Malay, Vietnamese, Chinese, and more.
Indonesian Online Gambling Deposits Spike After Eid Holiday for Second Consecutive Year
(AsiaGameHub) - Officials report that Indonesian online gambling deposits are surging following the Muslim holiday of Eid al-Fitr for the second consecutive year. The alert was issued by the country's anti-money laundering body, the Financial Transaction Reports and Analysis Center (PPATK), according to Indonesian news outlet Tempo. PPATK runs an automated system that monitors transactions to detect online gambling activity in bank accounts. The agency collaborates with major Indonesian banks to freeze accounts identified as having gambling-related deposits or withdrawals. According to PPATK officials, there was a "sharp" rise in suspicious transactions potentially linked to online gambling both during and right after the Eid al-Fitr holiday. This year, Eid was observed by the Islamic world from March 19 to March 20. Inside a mosque in Central Java, Indonesia. (Image: Ed Us) Online Gambling Deposits: On the Rise The agency declined to disclose the precise magnitude of the increase, stating that official data would be released in April. Nevertheless, it noted that the figures from late March were substantially higher than those recorded in January and February. Experts informed the media outlet that increased leisure time during the holiday contributed to higher gambling activity. PPATK head Ivan Yustiavandana affirmed that "online gambling deposits generally rise following the conclusion of the holiday." "The [sharpest] upward trend usually occurs after Eid, when money circulation increases nationwide," he said. Upward Trends Statistics from 2025, when Eid occurred on March 29-30, seem to support the PPATK's assertion. In January 2025, Indonesian players placed deposits totaling IDR 2.96 trillion ($175 million) on unlawful betting sites. Deposits grew marginally to IDR 3.05 trillion ($180 million) the next month. Transaction values fell to IDR 2.59 trillion in March. However, April witnessed a 96% surge in deposits to IDR 5.08 trillion ($300 million), which then declined to IDR 2.29 trillion ($153 million) in May 2025. Gambling in all its forms is prohibited in Indonesia. Despite the prohibition, online casino applications continue to be widely used, prompting authorities to launch an extensive enforcement campaign in recent years. The enforcement actions have also generated substantial revenue for the Indonesian Treasury. Prosecutors in West Jakarta recently transferred approximately $31.3 million to government accounts following the closure of an online casino and its connected money-laundering operation. Medical professionals caution that the growing popularity of online gambling is increasingly impacting public mental health. Psychiatric units in major Indonesian urban centers report being inundated with admissions of patients battling gambling dependency. Certain regions report hospitals operating at 90% occupancy. Physicians indicate this is contributing to rising gambling-associated crime. Additionally, courts across the country have expressed concerns that addiction to unlawful casino platforms is causing divorce rates to climb. 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.
Allwyn Extends Formula 1 Collaboration, Launches Prediction League
(AsiaGameHub) - Lottery powerhouse Allwyn has prolonged its partnership with Formula 1. As part of this multi-year extension, the company revealed the launch of the Allwyn League within F1 Predict, enabling users to earn rewards for accurate race predictions. Allwyn initially joined forces with F1 last year and, in a press statement confirming the agreement’s extension, noted that the first year had been successful. Pavel Turek, Chief Officer of Global Partnerships at Allwyn, said, “We are excited to advance our official partnership with Formula 1 to a new stage, marking our most substantial long-term dedication to the sport to date. By continuing our collaboration, we are upholding our shared conviction in the power of Formula 1 to connect with and inspire a global audience.” Prediction League Aims to Engage Fans Allwyn is now the world’s second-largest gaming company, following a €16 billion ($18.5 billion) all-share merger with Greece’s state-authorized gambling operator OPAP last year. The company intends to utilize F1’s widespread appeal to boost its brand and has rolled out the Allwyn League on the F1 Predicts platform. Turek added, “This new phase enables us to strengthen that bond even more through the introduction of the Allwyn League fan experience, our leading partnership for the Formation Lap, and the expansion of our F1 Allwyn Global Community Award programme. We will ensure the thrill of the track provides an enriching experience for fans and a lasting positive effect for the communities we visit.” F1 Predicts lets fans predict the results of key moments during a Grand Prix weekend. The Allwyn League will offer prizes, including Grand Prix tickets, to top-performing participants. Allwyn Leaning Into Prediction Markets Allwyn mainly operates lotteries but has been branching into other gambling sectors. The company obtained a controlling interest in PrizePicks last year. Historically a DFS platform, PrizePicks secured approval from the CFTC to enter prediction markets. It then formed a partnership with Polymarket before formally launching PrizePicks Predicts in collaboration with Kalshi last November. The platform features various F1 markets, where users can predict driver performance in races. Gambling Sponsors Prominent in F1 The agreement with Allwyn is the most recent in a string of high-profile sponsorships between F1 and gambling firms. Stake has served as the primary sponsor of the Sauber team since 2024, while Williams had a prior agreement with Sportsbet.io. PokerStars was also formerly the official betting sponsor of F1. On the deal with Allwyn, F1 CCO Emily Prazer commented, “We’re pleased to be extending and enhancing our partnership with Allwyn, which benefits our fans and the communities where we hold races. “Our collaboration with Allwyn demonstrates our shared commitment to creating a positive legacy and using innovation to deliver new fan experiences both at home and at our global events. Allwyn is a strong and valued partner to F1, contributing both to the growth of the sport and to the well-being of the people it reaches worldwide.” 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.
Formula 1 renews Allwyn partnership following 1.8 billion TV views in 2025
(AsiaGameHub) - Formula 1 has prolonged its partnership with Allwyn via a new multi-year agreement, following a successful first season of collaboration. The sport has seen rapid global expansion in recent years, and this deal comes after a season in which it reached 827 million fans and achieved a cumulative global TV audience of 1.8 billion. The extended partnership with the UK’s National Lottery operator focuses on boosting fan engagement through digital channels. “We’re delighted to be expanding and enhancing our partnership with Allwyn, bringing benefits to our fans and the communities where we race,” said Emily Prazer, Chief Commercial Officer, Formula 1. “Our work with Allwyn reflects our shared commitment to creating a positive legacy and using innovation to deliver new fan experiences—both for those watching from home and at our global events. “Allwyn is a strong and valued partner to Formula 1, contributing to the growth of the sport and benefiting the people it reaches worldwide.” Trends continue for Allwyn and Formula 1 A key new element is Allwyn’s integration into the Formula 1 Predict platform, where fans can predict race outcomes during a Grand Prix weekend. The new “Allwyn League” will offer prizes including race tickets, Paddock Club access, and exclusive memorabilia, while the company will have increased visibility during the formation lap of selected races throughout the season. The Formula 1 Allwyn Global Community Awards programme, launched in 2025, will expand in 2026 to support up to eight organizations across host cities—doubling the number of beneficiaries from its first year. Pavel Turek, Chief Officer of Global Partnerships at Allwyn, said: “We are thrilled to take our official partnership with Formula 1 to the next level, marking our most significant long-term commitment to the sport to date. “By continuing our collaboration, we are reaffirming our shared belief in the power of Formula 1 to reach and inspire a global audience. “This next chapter allows us to deepen that connection further through the launch of the Allwyn League fan experience, our headline partnership of the Formation Lap, and the expansion of our Formula 1 Allwyn Global Community Award programme. “We will ensure the excitement of the track delivers a rewarding experience for fans and a lasting positive impact for the communities we visit.” Allwyn is just one of many industry operators to have engaged with Formula 1 in recent years, having already partnered with the McLaren team. Earlier this month, Super Group-owned Betway was announced as the first official betting operator of the sport in a multi-year partnership. Before that, the company had also launched a branding partnership with the Atlassian Williams Racing team. 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.
Zelenskyy says US linked security guarantees to relinquishing Donbas, White House denies
(SeaPRwire) - Ukrainian President Volodymyr Zelenskyy stated in a Thursday-published Reuters interview that proposed U.S. security assurances for Ukraine are conditional on Kyiv surrendering the eastern Donbas region to Russia as part of a possible peace agreement."The Americans are ready to formalize these guarantees at a high level as soon as Ukraine agrees to pull out of Donbas," Zelenskyy remarked, characterizing a plan he cautioned could jeopardize both Ukraine's security and that of Europe at large.However, a U.S. official, speaking anonymously, informed Digital that the allegation is untrue.Zelenskyy's remarks highlight increasing pressure from President Donald Trump to achieve a rapid conclusion to the war, which entered its fourth year after Russia's 2022 invasion.Zelenskyy implied the U.S. administration's stance is partly shaped by other international emergencies, such as the continuing conflict with Iran."The Middle East certainly influences President Trump," Zelenskyy noted. "President Trump, in my view, regrettably continues to opt for a tactic of increasing pressure on Ukraine."Negotiations involving the United States, Russia, and Ukraine occurred in Abu Dhabi and Geneva in 2026, yet fundamental questions are still open, such as how Ukraine's future security will be assured and who will pay for its enduring defense.Zelenskyy cautioned that relinquishing Donbas would grant Russia well-fortified Ukrainian defensive positions, compromising Kyiv's stance and possibly facilitating further Russian aggression."I strongly wish for the American side to recognize that our country's eastern region is integral to our security assurances," he stated.Russian President Vladimir Putin has consistently maintained that complete dominion over Donbas is a primary objective of Moscow's war. Although Russian troops have advanced, Reuters-cited analysts report the progress has been sluggish, and seizing the rest of the area may require considerable time and resources.Zelenskyy further warned that Moscow is gambling on Washington's interest waning if talks deadlock."Russia is relying on the United States lacking the resolve or endurance to see this through," he said.Notwithstanding disagreements over diplomacy, Zelenskyy expressed gratitude to the Trump administration for maintaining shipments of Patriot missile defense systems, which Ukraine uses to defend against Russian ballistic missiles."Shipments to us were not halted. I am very thankful to President Trump and his team," he said, while also noting that the provisions are still inadequate.Alongside diplomatic efforts, Zelenskyy outlined a wider plan to bolster Ukraine's function as a security partner, especially in the Middle East, where nations are looking for answers to major drone and missile dangers."The United States has contacted us about their bases in Middle Eastern nations," Zelenskyy posted on X Thursday, mentioning that Saudi Arabia, Qatar, the United Arab Emirates, Bahrain, Jordan, and Kuwait have also been in touch.He said Ukrainian personnel are already deployed in the region exchanging practical knowledge, specifically in defending against swarms of drone assaults."Regardless of how many Patriot, THAAD, or other air defense systems are deployed in the Middle East, that is insufficient by itself," he wrote. "Modern interceptors exist that are built to withstand intense drone attacks."Zelenskyy also mentioned Ukraine is considering defense trade agreements, proposing to sell excess equipment and know-how while attempting to acquire air defense missiles it does not presently possess."Funding is the most limited resource now," he wrote, observing that Ukraine's defense sector is running at about 50% capacity and requires more investment to increase drone manufacturing.In other posts related to a speech at a Joint Expeditionary Force summit, Zelenskyy stressed that Ukraine's combat experience could assume a more extensive part in European and worldwide security."We possess this expertise. ... Let's integrate all of this even further," he wrote, urging enhanced collaboration with European allies and cautioning that Europe must develop its own ability to manufacture air defense systems instead of depending on foreign sources.Reuters contributed to this story. This article is provided by a third-party content provider. SeaPRwire (https://www.seaprwire.com/) makes no warranties or representations regarding its content. Category: Top News, Daily News SeaPRwire provides global press release distribution services for companies and organizations, covering more than 6,500 media outlets, 86,000 editors and journalists, and over 3.5 million end-user desktop and mobile apps. SeaPRwire supports multilingual press release distribution in English, Japanese, German, Korean, French, Russian, Indonesian, Malay, Vietnamese, Chinese, and more.
Russian Police Arrest Self-Improvement Guru During Raid on Illegal Casino
(AsiaGameHub) - Russian law enforcement persists in its efforts to combat unlawful gambling establishments, as a personal development coach becomes the most recent individual charged with running a secret betting operation. Law enforcement stormed the establishment, situated in downtown Perm, detaining nine individuals, according to Russian news source Pro Perm. Mushfig Akhundov, alleged to be the ringleader who established the illicit gambling site, was among those taken into custody. A municipal court has mandated that the suspect remain in pretrial detention through May 19. Sverdlovsk District Court Judge Yana Abadzheva granted authorities' petition to detain Akhundov for "unlawfully organizing and operating gambling activities within an organized criminal group." Russian Authorities: Gambling Establishment Takedown Officers executed synchronized raids on the gambling venue, dubbed "Penthouse," along with each suspect's home. Personnel from the regional offices of the Federal Security Service (FSB) and the Investigative Committee, together with Russian National Guard troops, participated in the operations. Investigators reported seizing currency valued at 2.5 million rubles (approximately $31,000) from the locations. A spokesperson stated authorities believe the funds were acquired through "illegal operations." Akhundov, known on social media as Misha, operates within the personal development sector. He featured on the popular Russian reality television program "Success in Everything" in 2021. Mushfig Akhundov, pictured in 2020. (Photo: @akhundov91/VK) He also maintains involvement in athletics, having officiated as a judge at prominent wrestling competitions. A law enforcement representative indicated that the court granted bail to the other suspects. Authorities report that the illegal gambling operation launched in late 2023 and functioned continuously until the raid earlier this month. The operation follows closely after a prominent case in Perm, where 17 people face prosecution for allegedly managing four unlawful gambling establishments. Those gambling venues commenced operations in September 2022, with law enforcement conducting raids in December 2024. During coordinated raids on all four locations, investigators confiscated numerous computer terminals, mobile devices, and more than $12,900 in currency. Authorities' Divisive Proposal Across the nation, debate intensifies amid reports that officials are preparing to authorize internet-based gambling establishments. A prominent legislator has become the most recent figure to criticize the proposal, which originated from the Ministry of Finance. "I don't believe this initiative serves Russia's interests," State Duma deputy Yevgeny Marchenko told Russian news agency NSN. "We previously invested considerable resources to shut down casinos nationwide. Now, apparently, we're reversing that progress." "Russia currently possesses designated gambling areas capable of hosting brick-and-mortar casinos," Marchenko continued. "I believe that should be sufficient." 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.
March Madness: Texas vs. Purdue Sweet 16 Odds, Predictions, and Picks — Best Bet on OVER Tonight
(AsiaGameHub) - The No. 11 Texas Longhorns take on the No. 2 Purdue Boilermakers in tonight's first March Madness Sweet 16 matchup. The game starts at 7:10 p.m. ET on CBS. Texas upset No. 3 Gonzaga, 74-68, to reach the Sweet 16. Purdue easily defeated Miami, 79-69. DraftKings has set Purdue as a 7.5-point favorite with a total of 147.5. We're looking at the total, with 63% of handle and 72% of tickets on the OVER at DraftKings at the time of writing. Recommended Bet Texas vs. Purdue: OVER 147.5 (-112) KenPom places the Boilermakers No. 1 in the nation in adjusted offensive efficiency. Purdue is scoring an average of 91.5 points per game in the NCAA Tournament. The Boilermakers are also a top-10 team in three-point shooting. Purdue shoots 38.8 percent, eighth-best in the country. While the Boilers excel at shooting the three, they're poor at defending it, ranking No. 173 nationally in allowing opponents to shoot 33.9% from beyond the arc. Texas is even worse at No. 253, allowing 35.1%. Expect Purdue's Fletcher Loyer to have a big game tonight. The senior guard is shooting exceptionally well from three-point range. Loyer leads Purdue in 3P% at 43.3%. Here are his last five games shooting from behind the arc: 4 of 4 vs. Miami 4 of 8 vs. Queens 3 of 4 vs. Michigan 4 of 10 vs. UCLA 4 of 9 vs. Nebraska Texas responds with guard Dailyn Swain (17.4 ppg, 7.5 rpg), who could be a difficult matchup for Purdue. Center Matas Vokietaitis (15.7 ppg, 7.2 rpg) can score effectively, and Texas also features double-digit scoring from Tramon Mark and Jordan Pope. Selection: OVER 147.5 Top Player Prop for Purdue Boilermakers Fletcher Loyer OVER 14.5 Points (+100 at FanDuel) For all of the reasons mentioned above, expect Loyer to exceed this total tonight. He's fresh off scoring 24 points against Miami. Loyer shot perfectly from the free-throw line (8 of 8), three-point line (4 of 4), and missed just one of seven field goal attempts. Jordan Pope OVER 13.5 Points (+100 at FanDuel) The Longhorns have relied on Jordan Pope's scoring during March Madness. Swain, the team's leading scorer, has been held to an average of 12.5 ppg in two tournament games. Pope made three 3-pointers against both BYU and Gonzaga. Along with Vokietaitis, he tied for the team lead with 17 points in the win over the Zags. 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.
EGBA warns Brussels about rampant offshore gambling
(AsiaGameHub) - Europe's gambling industry is taking an active role in the European Commission's (EC) initiative to combat online fraud throughout the continent. Early this year, the EC started developing an action plan designed to enhance cross-border cooperation among member states in tackling online organised crime. To build a comprehensive strategy, the EC invited stakeholders to provide feedback and share best practices for combating fraud schemes, including gambling industry representatives who have long been fighting the black market. As a sector representative, the European Gaming and Betting Association (EGBA) responded to the EC's request for input by highlighting how illegal gambling providers target unsuspecting players by masquerading as licensed operators. To support its position, EGBA provided evidence including websites with domain names that closely mimic those of legitimate operators, exploiting the regulated market's reputation. Additional evidence revealed illegal mobile gambling apps on Google and Apple platforms, black market promotions on social media, and phishing schemes. The trade association also reminded the EC that illegal gambling platforms accounted for approximately 27%, or €18 billion, of Europe's total online gambling market GGR in 2025. This exposes players to considerable risk, as these platforms lack the protections offered by licensed operators and instead heighten the risk of identity theft, financial losses, and problem gambling. Dr Ekaterina Hartmann, Director of Legal and Regulatory Affairs at EGBA, stated: "Our collected evidence demonstrates how fraudsters are systematically exploiting consumer trust in the licensed gambling sector, endangering European consumers and enabling the illegal online gambling market to expand. "From counterfeit websites and fraudulent applications to phishing operations and social media fraud, these threats resurface as fast as they are removed. Piecemeal national responses to such fraud are insufficient – we require coordinated EU-wide action to prevent consumers and legitimate operators from facing an uphill struggle against fraud." The EC's Action Plan on Combating Online Fraud is anticipated to be adopted in the second quarter of 2026. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
Fortune’s Spin: AC Milan Manager Max Allegri Bets Big and Wins Big at Casinos
(AsiaGameHub) - A former teammate of AC Milan manager Max Allegri has disclosed how the veteran football coach scores major wins at casinos. On the DoppioPasso podcast, Gianluca Atzori shared an anecdote about a gambling session with the former Juventus boss. Atzori and Allegri played together at Perugia during the 1990s when the team earned promotion from Serie B. The squad would celebrate wins by visiting gambling establishments. “We traveled to Venice for a match, and Allegri informed us that a victory would be followed by a casino visit, instructing us to pack our suits. He mentioned this to me and (Federico) Giunti,” Atzori remembered. Following Perugia's victory, the players headed straight for the gaming tables. Allegri Rewards Croupiers Generously Atzori continued, “We each contributed 500,000 lire (approximately $350) and handed it to Allegri; he was fond of casinos and navigated them expertly.” “It was my first time inside a casino. At the roulette table, the croupier spun the ball as Allegri placed his wager. When the ball settled on his chosen number, Max reacted with childlike excitement, and our payout was 36 times our original bet.” “He then made a second wager, doubling his stake. Our winnings grew from 3.6 million to 7 million; across two bets we accumulated 10 million (roughly $7,000), and he handed the croupier a 2 million ($1,400) gratuity.” In games of chance such as roulette, players seek any advantage possible. Various strategies exist, including the James Bond method, which involves spreading bets across a wide portion of the table. Atzori initially disapproved of Allegri's lavish tipping, though he later understood it was a calculated move to secure the croupier's goodwill. “When I witnessed this, I seized him by the chest and exclaimed: ‘That's my money too – 2 million – have you lost your mind?’ Yet I failed to grasp that generously tipping the croupier might influence him, intentionally or not, to guide the ball toward your numbers since he anticipated another substantial gratuity. Ultimately, we walked away with considerable winnings.” Previous Gambling Controversies As Atzori noted, Allegri's well-known gambling habit has previously created difficulties for the former footballer and coach. In 2000, he received a suspension amid match-fixing allegations while at Pistoiese. The charges were later dismissed after an appeal. More recently, in 2021, he faced investigation for allegedly utilizing a Malta-based gambling firm to launder money, with suspected connections to the 'Ndrangheta crime syndicate. He reportedly expended over $400,000 across two overseas casinos. Financial regulators labeled these transactions as “suspicious,” triggering additional probes. No legal consequences have materialized from the case. The 58-year-old currently serves his second term as AC Milan manager, returning to the club last year. He previously guided Juventus to five straight Serie A championships between 2014 and 2019. 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.
Bwin’s Danish site fined £57,000 amid talks of an advertising ban
(AsiaGameHub) - The operator of bwin's Danish domain, part of Entain's international sportsbook portfolio, has been fined for breaching national marketing regulations. The Copenhagen City Court imposed a DKK 500,000 (£57,000) penalty following a Consumer Ombudsman complaint regarding ElectraWorks' promotional campaign. The campaign, run by ElectraWorks as operator of the Danish bwin site, was a 'Risk-Free Gambling' promotion. The Ombudsman reported it to Danish police as misleading in 2024 after a consumer complaint. The promotion featured the slogan 'risk free gambling up to 1000 DKK'. After viewing the ad, a consumer placed a DKK 1,000 bet on bwin.dk that lost. After getting a DKK 1,000 free bet, the customer made a second wager that won. However, they complained to the Ombudsman after receiving just DKK 15 in winnings. Both consumer and Ombudsman argue the ad was misleading because the customer finished with less money than started, contradicting the 'risk-free' claim. Torben Jensen, the Consumer Ombudsman, said: "When a gambling firm advertises 'risk-free' betting, consumers should face no financial risk. "I must therefore emphasize that marketing games as 'risk-free' is clearly misleading if consumers can lose money." Ads on Danish political agenda The Court further ruled that bwin's actions constituted 'illegal marketing' under the Marketing Practices Act, which bans advertising that may mislead typical consumers. The court noted 'illegal marketing had occurred for several years', targeting games at young people to attract new customers, requiring extra caution. This fine comes as Denmark overhauls gambling advertising laws to improve consumer protection in its regulatory framework. Denmark re-regulated its gambling market in 2012, ending the Danske Spil state monopoly. Since then, many operators have launched, including LeoVegas (running BetMGM and Nye Expekt sportsbooks), Unibet, bet365 and Stake. The overhaul, led by Taxation Minister Ane Halsboe-Jørgensen, will likely ban marketing during sports events and in public spaces. 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.
CIMC Group Revenue Reached RMB 156.611 Billion; Net Cash Flows from Operating Activities Nearly Doubled to RMB 18.514 Billion
Financial HighlightsRMB 100 millionFor the 12 months ended 31 DecemberChange (%)20252024Revenue1566.111,776.64-11.85% Profit28.4265.53-56.64% Profit before Tax28.1665.95-57.30% Gross Profit194.95222.47-12.37% Gross Profit Margin12.45%12.52%-0.07pct Net Profit13.3741.95-68.12% Net Profit Attributable to Shareholders and Other Equity Holders2.2129.72-92.57% Net cash flows from operating activities 185.1492.6499.86% Dividend per share (RMB/share, tax inclusive)RMB 0.179RMB 0.176N/A Total dividend payout9.399.45-0.60% Performance Highlights1. Solid operating core segments with resilient high-quality development: In 2025, the Group achieved revenue of RMB 156.611 billion, net profit of RMB 1.337 billion, and maintained a gross profit margin of 12.45%, with a balanced domestic and overseas revenue structure.2. Dual improvement in cash flow and financial quality, with significantly enhanced risk resilience: Net cash flows from operating activities increased substantially by 99.86% to RMB 18.514 billion, while the cash and cash equivalents as of the end of the Year reached RMB 24.3 billion; the scale of interest-bearing debt decreased by RMB 4.7 billion year-on-year (“YoY”) to RMB 34.4 billion, and net interest expenses decreased by approximately RMB 730 million YoY, with the financial structure continuing to be optimized.3. Cash dividends and share buybacks implemented in parallel to reward investors: The Group proposes a cash dividend of RMB 0.179 per share (tax inclusive) for 2025. Together with multiple rounds of H-share and A-share buyback plans launched during the Year, the total proposed dividend and completed buybacks for 2025 amounted to RMB 1.852 billion.4. Significant improvement in profitability of energy-related businesses, becoming a key growth driver of the Group: Net profit of the offshore engineering segment and the financial and asset management segment (primarily drilling platform leasing) increased by approximately RMB 1.212 billion in total, while the energy, chemical and liquid food equipment segment increased by RMB 308 million. Among them, the gross profit margin of the offshore engineering segment increased significantly by 5.72 percentage points to 14.83%. Orders on hand for offshore engineering and energy, chemical and liquid food equipment reached US$5.09 billion and RMB 29.75 billion, respectively, with certain shipyards’ production schedules extending to 2030.5. Logistics-related businesses continued to serve as the Group’s “ballast stone”: During the Year, businesses such as container manufacturing and road transportation vehicles were affected by exchange rate fluctuations and cyclical changes, resulting in pressure on gross profit margins and profitability. However, the core segments remained solid, and the Group’s competitive advantages in the industry continued to be consolidated. Core products such as standard dry containers, reefer containers, tank containers and semi-trailers have maintained the world’s No.1 position for many consecutive years.6. Breakthroughs in both technology and orders in key businesses, with competitiveness highly recognised: In the high-end offshore engineering equipment sector, CIMC Raffles successfully developed the most complex products in the offshore industry, including FPSO/FLNG, becoming the only enterprise in China with dual-project EPCI general contracting capabilities; in the modular data center sector, the Group providing technical and manufacturing delivery services of prefabrication data center to industry customers exceeding 300MW, leading new transformation in computing power infrastructure.HONG KONG, Mar 26, 2026 - (ACN Newswire via SeaPRwire.com) – China International Marine Containers (Group) Co., Ltd. (“CIMC Group” or the “Group”, stock code: 000039.SZ/02039.HK) is pleased to announce the audited annual results for the 12 months ended 31 December 2025 (the “Year”).The Group’s management stated, “In 2025, profound global changes unseen in a century accelerated, and the global economy demonstrated resilience amid volatility. Positioned in an era of both opportunities and challenges, the Group closely adhered to the strategic theme of “accelerating the construction of new growth drivers and focusing on promoting high-quality development”. While stabilising its operating fundamentals, the Group further deepened its forward-looking strategic layout in the energy business and achieved fruitful results. For the year of 2025, the Group recorded revenue of RMB 156.61 billion and net profit of RMB 1.34 billion. Cash flows from operating activities increased significantly by 99.9% to RMB 18.51 billion, with the asset structure continuously optimized and risk resilience further enhanced.”In particular, to sincerely reward investors, CIMC Group proposes to distribute a cash dividend of RMB 0.179 per share (tax inclusive) to all shareholders for 2025, amounting to a total proposed cash dividend of RMB 939 million (tax inclusive). Meanwhile, the Group implemented share buybacks totalling RMB 913 million during 2025, bringing the combined total to RMB 1.852 billion.Segments Results (RMB 100 million)2025 Business indicatorsRevenueAs % of the total revenueGross profitAs % of the gross profitGross profit marginNet profitContainer manufacturing430.0927.46%57.5529.52%13.38%18.82Road transportationvehicles201.7812.88%32.0616.45%15.89%9.27Energy, chemical, and liquid food equipment271.9217.36%40.2420.64%14.80%10.40Offshore engineering179.3811.45%26.6013.65%14.83%10.57Logistics services267.9317.11%16.708.57%6.23%3.64Airport facilities and logistics equipment/fire safety and rescue equipment76.194.86%15.147.76%19.87%2.64Total of major segments1427.2991.12%188.2996.59%13.19%55.34Core Business Performance1. In logistics field:In the container manufacturing business, during the Year, despite negative supply chain factors such as U.S. tariff policies and geopolitical conflicts, global merchandise trade demonstrated strong resilience. Intra-regional trade, Asia-Europe routes and emerging market routes became the main drivers of incremental growth. Meanwhile, factors such as detours around the Red Sea, port congestion, environmental requirements in shipping and increasing complexity of trade routes reduced transportation efficiency, structurally boosting underlying demand and pushing the global container fleet into a new structural phase. As a result, overall demand for new containers in 2025 remained at a relatively high level, exceeding the average of the past decade. During the Year, the production and sales volume of the Group’s container manufacturing business declined YoY, in line with overall industry expectations, but the Group maintained its global No.1 position. Accumulated sales volume of dry cargo containers reached 2,224,900 TEUs (2024: 3,433,600 TEUs), representing a YoY decrease of 35.2%. Accumulated sales volume of reefer containers reached 208,200 TEUs (same period last year: 138,600 TEUs), representing a YoY increase of 50.2%. During the Year, the container manufacturing segment recorded revenue of RMB 43.009 billion, net profit of RMB 1.882 billion, and a slight decline in gross profit margin to 13.38%.In the logistics services business, during the Year, the segment recorded revenue of RMB 26.793 billion, representing a YoY decrease of 14.64%, and net profit of RMB 364 million, representing a YoY decrease of 16.65%, in line with industry trends. CIMC Wetrans actively adjusted its business structure and integrated resources. During the Year, self-sourced cargo volume increased by 6% YoY, while second-hand container trading and warehousing distribution in port logistics reached record highs. The industry logistics business focused on key sectors such as new energy, automotive and engineering projects to consolidate its niche advantages. In 2025, CIMC Wetrans ranked among the top five for three consecutive years in the “Comprehensive List of Freight Forwarding and Logistics Enterprises” published by the China International Logistics and Freight Forwarding Association.In the road transport vehicles business, during the Year, CIMC Vehicles recorded revenue of RMB 20.178 billion, representing a YoY decrease of 3.91%, and net profit of RMB 927 million, representing a YoY decrease of 14.29%. In the domestic market, the “Star-Chained Plan” reshaped the organisational and operational model, with revenue from the China semi-trailer business increasing by 14.65% YoY and gross profit margin increasing by 3.3%YoY. In overseas markets, the Global South markets maintained high-quality growth, with revenue reaching RMB 3.09 billion during the Reporting Period, representing a YoY increase of 17.7%, sales volume increasing by 29.1% YoY, and gross profit margin increasing by 1.3 percentage points YoY.The DTB business achieved steady growth in both sales volume and revenue, with a total of 28,570 units of mounted equipment products delivered, generating total revenue of RMB 3.184 billion, representing a YoY increase of 4.97%, with further improvement in market share of core products. Meanwhile, the Group continued to actively expand R&D and sales of new energy products, comprehensively building the EV-RT ecosystem and advancing the strategic development of pure electric tractors and trailers.In the airport facilities and logistics equipment/fire safety and rescue equipment, benefiting from the release and delivery of high-quality orders, the segment recorded revenue of RMB 7.619 billion during the Year, representing a YoY increase of 5.92%, and net profit of RMB 264 million. Airport equipment successfully delivered smart boarding bridges projects for Xi’an Xianyang International Airport, Antalya Airport in Türkiye and Lanzhou Airport, and secured major projects including Phase II of Nanning Airport and corridor projects at Hangzhou Airport T2 and T4 with its independently-developed innovative prefabricated fixed bridge solutions. Logistics equipment delivered automated three-dimensional warehouse systems for supporting the petrochemical and refining integration project in China. The fire safety and rescue equipment business advanced the overseas expansion of domestically manufactured products while focusing on frontier areas such as smart fire safety and unmanned fire trucks.2. In the Energy FieldIn the energy, chemical, and liquid food equipment business, the segment recorded revenue of RMB 27.192 billion, representing a YoY increase of 6.31%, and net profit increased significantly by 42.15% to RMB 1.040 billion. Among which, CIMC Enric recorded revenue of RMB 26.326 billion, representing a y YoY increase of 6.3%.Specifically, the clean energy segment advanced both offshore and onshore businesses, maintaining leading market share in key equipment such as high-pressure and cryogenic equipment, while capturing growth opportunities in natural gas applications in water and land transportation and power generation, and actively expanding into emerging markets for special industrial gas equipment in high-tech industries. In 2025, the segment secured new orders of RMB 22.229 billion, a record high. Among these, orders on hand for offshore clean energy-related business exceeded RMB 19 billion as of the end of 2025, with shipbuilding schedules extending to 2028. During the Year, the second coke oven gas comprehensive utilisation project — Linggang Phase I project — was successfully put into operation, and China’s first domestic mass-production bio-methanol (green methanol) project of CIMC Enric was completed and commenced operation. The chemical and environmental segment maintained its leading market share, while the medical equipment components and after-sales service businesses achieved steady growth. As of the end of 2025, orders on hand increased by 36.27% YoY to RMB 1.276 billion, providing strong support for future development. The liquid food segment maintained stable profitability, with gross profit margin increasing to 21.7% YoY.In the offshore engineering business, the Group’s core operating entity, CIMC Raffles, successfully achieved a strategic transformation from “manufacturing-led” to integrated “design + construction + integration” services, maintaining a leading position in the domestic market and emerging as an important new force in the international offshore engineering market. During the Reporting Period, the segment recorded revenue of RMB 17.938 billion, representing a YoY increase of 8.35%, and net profit of RMB 1.057 billion, becoming the Group’s second-largest profit contributor. Benefiting from the recovery of the global offshore engineering market, demand for high-end oil and gas equipment represented by FPSO/FLNG remained strong, while the industry accelerated its transition toward green and intelligent development, driving steady growth in new energy equipment orders. During the year, the Group secured new contract orders of US$1.20 billion, including 12+8 container feeder vessels, 2 offshore engineering special vessels and other module orders. As of the end of 2025, the accumulated value of orders on hand reached US$5.09 billion, with orders for oil & gas and special vessel accounting for approximately 70% and 30%, respectively. The Longkou base has scheduled production through to 2030.In the offshore engineering asset operation and management business, the Group continued to leverage its existing project experience and business capabilities, enhancing asset utilisation through its strong offshore platform operation and management capabilities. During the Reporting Period, the sixth-generation semi-submersible drilling platform “Deepsea Yantai” completed lease renewal, the ultra-deepwater semi-submersible drilling platform “Blue Whale No.1” signed a new lease with an international client, and the semi-submersible lifting/life platform “Blue Gretha (formerly Huadian CIMC 01)” also secured a new lease with an international client. Other platforms actively participated in market tenders to explore opportunities for asset disposal and leasing. During the Reporting Period, the average daily lease rate of semi-submersible and jack-up drilling platforms both recorded year-on-year increases.Future Development and ProspectsThe Group’s management stated, “The year 2026 marks the beginning of the ‘15th Five-Year Plan’. Starting from a newly upgraded brand identity, the Group will closely focus on ‘consolidating foundations, driving innovation, improving quality and efficiency’, and adopt a more proactive strategic approach to foster new opportunities and open new horizons amid complex changes, striving to build a ‘“becoming a high quality and trustworthy world-class multimodal transport enterprise.”About China International Marine Containers (Group) Co., Ltd.The CIMC Group is a world-leading equipment and solution provider in the logistics and energy industries, with its industry clusters mainly covering the logistics and energy fields, continuously strengthening its leading market position. In the logistics field, the Group continues to adhere to container manufacturing as its core business, based on which it has incubated the road transportation vehicles business and the airport facilities and logistics equipment / fire safety and rescue equipment business, supplemented by the logistics services business and recycled load business, providing products and services in the professional logistics field. In the energy field, the Group is principally engaged in the energy, chemical and liquid food equipment business and the offshore engineering business. Meanwhile, the Group continues to develop emerging industries and possesses financial and asset management businesses that serve the Group itself. As a diversified multinational industrial group serving the global market, CIMC has over 300 member enterprises across Asia, North America, Europe, and Australia, with a total of four listed companies, and customers and sales networks covering more than 100 countries and regions worldwide. In 2025, the Group recorded revenue of RMB 156.6 billion, ranking 154th on the 2025 Fortune 500 China list. The Group has maintained the world’s No.1 position for many consecutive years in core products such as standard dry containers, reefer containers, tank containers and semi-trailers. For more information, please visit http://www.cimc.com/. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Yip’s Chemical Announces 2025 Annual Results; Profit Attributable to Owners Increased to HK$137 million; Proposed Final Dividend of HK12 Cents per Share
EQS via SeaPRwire.com / 26/03/2026 / 22:23 UTC+8 【For Immediate Release】 26 March 2026 Yip’s Chemical Announces 2025 Annual Results Effective Business and Product Portfolio Improvements Driving Gross Margin and Profit Growth Profit Attributable to Owners Increased to HK$137 million Proposed Final Dividend of HK12 Cents per Share Highlights: Confronted with global economic uncertainties, slowing domestic growth and mounting pressures from industry “involution”, the Group recorded a revenue of HK$2.99 billion and sales volume of 240,000 metric tonnes, representing year-on-year declines of 5.3% and 9.3% respectively. Through deepened focus on niche industry segments, product portfolio optimisation and enhancement of technology and services, coupled with the benefit of stable raw material prices, gross profit margins of the coatings and inks businesses improved over the preceding year. Overall gross profit margin of the Group rose to 25.4%, representing a year-on-year increase of 1.9 percentage points. Solvents associate company’s export sales grew strongly, driving its sales volume to a historical high of 1,800,000 metric tonnes. Though impacted by industry “involution” with margins and profits contracting, it still contributed a return of HK$79.4 million to the Group, compared with HK$96.0 million in the preceding year. Benefiting from the sustained refinement of the Group’s business and product portfolio and the effective implementation of stringent cost controls, profit attributable to owners substantially increased by 41.8% year-on-year to HK$137 million. Gearing ratio continued to be at a relatively low level of 13.4%, enhancing the flexibility of future investments in new growth projects. In the year under review, the Group completed the acquisition of approximately 60% stake in “Sino-Hypro”, and entered into the chemical vapour recovery and treatment market, providing a new growth engine for the Group. The Board recommended payment of a final dividend of HK12 cents per share. Total dividends for the year amounted to HK16 cents per share, representing a 14.3% increase as compared to the preceding year. (Hong Kong, 26 March 2026) Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Company”, together with its subsidiaries collectively referred to as the “Group”) today announced its annual results for the year ended 31 December 2025 (the “year under review”). During the year under review, the operating environment remained volatile and fraught with unprecedented uncertainty. Together with weak domestic demand in the Chinese Mainland and the severe industry “involution”, the Group’s core businesses faced considerable sales pressure. Nevertheless, margins benefited from stable raw material prices and the effectiveness of the Group’s sustained cost-control measures. The Group recorded revenue of HK$2.99 billion, representing a mild decrease of 5.3% year-on-year. Overall gross profit margin improved to 25.4%, up 1.9 percentage points from last year, while profit attributable to shareholders rose to HK$137 million, representing a year-on-year increase of 41.8%. The Board recommended the payment of a final dividend of HK12 cents per share (2024 final dividend: HK11 cents per share). The Group’s cash flow and gearing ratio continued to improve and remained at healthy levels, providing greater flexibility to support future investments in new growth projects. In December 2025, the Group completed the acquisition of approximately 60% equity interest in Beijing Sino-Hypro Petrochemical Tech. Co., Ltd. (“Sino-Hypro”), a leading enterprise in chemical vapour recovery and treatment in the Chinese Mainland, marking Yip’s Chemical’s formal entry into a high‑technology and sustainability‑driven chemical vapour treatment field. Mr. Ip Chi Shing, Chairman of Yip’s Chemical, expressed, “Despite the challenging macro environment, I remain cautiously optimistic about the business outlook for 2026. In 2025, the Group successfully advanced two significant business expansion initiatives, further strengthening our long‑term competitiveness and unlock growth potential. First, the Group’s solvents associate, Handsome Chemical, has completed and commissioned its new plant in Hubei with an annual capacity of 600,000 metric tonnes of acetic acid and 600,000 metric tonnes of acetates. The new facility will continue to generate economies of scale, enhance competitiveness, and is expected to deliver steady growth in its contribution to the Group’s profitability. In addition, through close collaboration and complementary strengths with Sino-Hypro, this new business is expected to accelerate its development and become an important new member of the “leading development platform for chemical businesses” that Yip’s Chemical has been dedicated to establishing in recent years.” Chairman Ip added, “In the current macroeconomic environment, the Group will continue to uphold a prudent and steady approach, implement comprehensive cost‑reduction and efficiency‑enhancement measures, and consistently strengthen our operational efficiency and competitiveness. While driving the sustainable and healthy growth of our core businesses, we will also actively introduce high‑quality enterprises with technological capabilities and growth potential to join the Yip’s platform, thereby building a diversified and synergistic business portfolio. This will lay a solid foundation for the vision of a “Towards a Century of Revered Leadership” and create long‑term and stable return for shareholders and stakeholders.” Business Review and Outlook Coatings During the year under review, the Chinese Mainland property market showed little signs of recovery and affected by sluggish transactions in both new and existing projects, the architectural coatings business continued to face pressure in a challenging operating environment. Although the Group made efforts to expand its distributors’ network, declining demand for architectural coatings led to a drop in sales volume. As a result, the Group’s coatings business recorded a decline of 14.7% to 157,000 metric tonnes in sales volume and a mild decline of 5.3% to HK$1.38 billion in sales revenue, respectively. The industrial coatings business, as a niche segment, achieved substantial increase in sales through effective product portfolio management and the launch of products that receive high market recognition, including coatings for customised wooden furniture and functional coatings for plastic substrates. Meanwhile, resins business continued to conduct research and development of products related to automotive coatings and protective coatings, leading to growth in both sales revenue and profit. The coatings business recorded a gross profit margin of 29.8%, an increase of 3.6 percentage points compared to that of the preceding year. The segment results increased substantially by 623% to HK$52.2 million. In the coming year, the Group will leverage the momentum of the development of industrial coatings and resin products, allocating additional resources to focus on driving the growth of these business segments. The Group’s production base in Vietnam is expected to commence operations in the second quarter of 2026, enabling better service to customers across Southeast Asia in the future. In addition, the Group is also actively pursuing mergers and acquisitions of entities with technological capacities to accelerate its development. In the architectural coatings sector, the Group will focus on domestic market and adopt more pragmatic promotional strategies and in collaboration with distributors across the country to develop a more extensive online-and-offline store network to further expand market coverage. Inks During the year under review, the Group’s inks business recorded a revenue of HK$1.32 billion, representing a slight decrease of 3.3% compared to that of the preceding year. Amid a highly competitive environment, the inks business continued to gain recognition from major printing enterprises in the Chinese Mainland by offering cost-effective products and services, resulting in increased sales volume. With expanded sales volume enabling effective cost allocation and raw material prices remaining relatively low, the gross profit margin rose by 1.1 percentage points to 21.6%. However, under the pressure from overall economic environment, certain customers encountered operational difficulties, resulting in a substantial bad debt provision during the year under review. Therefore, the inks business recorded a segment profit of HK$46.3 million, representing a decrease of 40.1% compared to that of the preceding year. Looking ahead to the coming year, we will continue to fortify its strengths in packaging printing inks, further expand market share and remain attentive to potential merger and acquisition opportunities involving technology-driven inks enterprises in the market to accelerate development. Lubricants During the year under review, revenue from the lubricants business decreased by 12.4% to HK$284 million, and the gross profit margin dropped by 1.2 percentage points to 22.1%. This segment recorded a profit of HK$6.5 million, representing a decrease of 31.6% compared to that of 2024. The demand for automotive lubricants was impacted by the overall industry “involution”, thereby exerting pressure on the selling prices, gross profit and profits of “Hercules” lubricants. Looking ahead, the Group will steadily grow the sales volume of automotive lubricants by continuously optimising its product portfolio and prudently investing in the development of niche segments within the industrial lubricants market, so as to create new growth drivers for the lubricants business. Investment in Solvents Associate The Group retains a 24% effective stake in “Handsome Chemical”, the largest acetate solvents company in the world. The solvents associate recorded a strong growth of 17.2% in sales volume in 2025, reaching a historical high of 1,800,000 metric tonnes of acetates. In particular, the sales volume of exports reached approximately 760,000 metric tonnes, which served as the major force of growth. Meanwhile, it maintained effective cost control and delivered a return of HK$79.4 million to the Group during the year under review, compared with HK$96.0 million in the preceding year. Its new acetic acid and acetates solvents plant in Hubei commenced full-scale production in the second half of 2025, boosting output of acetic acid and acetate solvents, progressively realising the benefits of vertical integration and economies of scale. Under the effective leadership of the associate’s management team and in collaboration with our business partners “PAG” and “Qisheng”, the business is expected to continue its prosperous trajectory. Investment in Sino-Hypro In December 2025, the Group successfully completed the acquisition of approximately 60% equity interest in Sino-Hypro, signifying Yip's Chemical's entry into the chemical vapour recovery and treatment industry. The subsidiary not only creates new growth driver for the Group, but also contributes meaningfully to China’s environmental governance through its chemical vapour treatment technologies. With the management team and the original shareholders working in close partnership, and by combining Sino-Hypro’s strong technological foundation and Yip’s Chemical’s operational expertise, the Group is confident that the subsidiary is well-positioned for sustainable and promising development. Mr. Ip Kwan, Francis, Chief Executive Officer of Yip’s Chemical, concluded, “Over the past few years, the management team has continued to strengthen the market positions of our core businesses, gradually establishing a solid profit base for the Group. Looking ahead, in addition to driving organic growth of our core businesses, we will strive to enhance the operational efficiency of Sino-Hypro, with the aim of cultivating it into a key growth engine for the Group. Simultaneously, we are actively seeking strategic investment and acquisition opportunities that align with Yip’s Chemical’s long‑term development direction, including those create synergies with our core coatings and inks businesses, thereby accelerating the development of “a leading development platform for chemical businesses”. We believe these initiatives will further consolidate profit growth, add new dimensions to the businesses and drive the Group towards a successful future.” End - About Yip’s Chemical Holdings Limited (Incorporated in the Cayman Islands with limited liability) Founded in 1971 and listed on the Main Board of Hong Kong Stock Exchange (SEHK: 00408) since 1991, Yip’s Chemical has been dedicated to the chemical industry for more than half a century. The Group’s long-term vision is to become “a leading development platform for chemical businesses” driven by green, innovative technology, professional services and highly respected brands that enrich people’s lives. The Group’s core businesses include inks, industrial and architectural coatings, specialty resins, lubricants and chemical vapour recovery and treatment. The core businesses have established leading positions in China in their respective sectors. “Bauhinia Variegata” is the largest inks manufacturer in China; “Hang Cheung” coatings holds a leading position in China’s high-end plastic coatings segment; Bauhinia Advanced Materials Group also operates well-known brands including “Bauhinia” and “Camel” paints as well as “Da Chang” polymers; “Hercules” and “Pacoil” lubricants rank among the market leaders; “Sino-Hypro” is recognised as a leading enterprise in chemical vapour recovery and treatment in China. The Group is also a core investor in “Handsome Chemical”, the world’s largest acetate solvents producer. Leveraging its stable shareholder structure, extensive nationwide manufacturing and sales network, and a dynamic portfolio of strong businesses, the Group has built a robust foundation in the domestic chemical industry. Going forward, the Group will drive sustainable innovation in chemical operations and accelerate the development of a more scalable and resilient platform. Learn more about Yip’s Chemical on: www.yipschemical.com Media and Investor Enquiries Yip’s Chemical Holdings LimitedMs. Wing So Tel:(852) 2675 2385 Email:wing.so@yipschemical.com Fax :(852) 2675 2345 DLK Advisory Limited Ms. Michelle Shi Tel: (852) 2854 8711 Email: michelleshi@dlkadvisory.com Ms. Kathleen Mui Tel: (852) 2854 8727 Email: kathleenmui@dlkadvisory.com File: 408_2025AR_Press Release_EN_20260326 26/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Bipartisan Bill Aims to Prohibit Members of Congress from Trading on Prediction Markets
(AsiaGameHub) - Washington’s legislative effort to restrict prediction markets shows no signs of slowing, as lawmakers continue their attempts to impose limits on these event contract platforms. The latest example is a bipartisan bill co-sponsored by Reps. Adrian Smith (R-NE) and Nikki Budzinski (D-IL), which would bar members of Congress, senior federal officials, and other covered government personnel from trading on prediction markets tied to political events and government actions. Smith and Budzinski introduced the bill on March 25, adding another ethics-focused measure to the growing list of legislation targeting prediction markets. Named the Preventing Real-time Exploitation and Deceptive Insider Congressional Trading Act, or the PREDICT Act, the bill aims to prevent public officials from leveraging their access to sensitive information for personal gain. In the press release announcing the legislation, Smith stated: “Serving the American people is a privilege, not a means to profit. Our common-sense, bipartisan bill will assure Americans that their elected officials’ decisions are driven by merit, not personal gain. I am proud to collaborate with Representative Budzinski to ensure government officials do not profit from the sensitive information they are entrusted with.” The bill follows a series of high-profile trades that anticipated major geopolitical events, including joint U.S.-Israeli strikes on Iran and the U.S. military’s capture of former Venezuelan President Nicolás Maduro, drawing scrutiny to insider trading on prediction markets such as Polymarket and Kalshi. Budzinski emphasized these concerns in her statement about the proposed legislation: “In recent months, we’ve witnessed cases where lesser-known traders made significant profits on events ranging from potential conflict with Iran to the duration of government shutdowns, raising valid questions about the use of inside information.” PREDICT Act Goes Beyond Members of Congress As drafted, the PREDICT Act would not be limited to members of Congress; it would also apply to their spouses and dependent children, congressional staff, the president, the vice president, political appointees, certain senior executive branch officials, and members of the judiciary. The bill would prohibit these covered individuals from “enter[ing] into an agreement, contract, or transaction that provides for any purchase, sale, payment, or delivery dependent on the occurrence, nonoccurrence, or extent of occurrence of a specific political event.” While some congressional bills have not specified penalties for violating their provisions, this legislation includes enforceable measures. It states that violators would face a penalty equal to 10% of the value of the prohibited trade and must forfeit any profits, with the funds paid into the U.S. Treasury. The bill also requires ethics offices to publish fines and the reasons for them on a public website. However, the effectiveness of these proposals as deterrents remains uncertain, given that similar legislation—such as the Stop Trading on Congressional Knowledge (STOCK) Act, passed over a decade ago—has not resulted in any insider trading prosecutions to date. Congress Keeps Targeting Prediction Markets The PREDICT Act is the latest addition to a rapidly expanding list of federal proposals aimed at regulating the event-contract industry. Here is an overview of other active measures: Public Integrity in Financial Prediction Markets Act: Introduced by Rep. Ritchie Torres (D-NY) in early January, this bill targets officials who trade on government-related contracts while in possession of “material nonpublic information.” End Prediction Market Corruption Act: Sens. Jeff Merkley (D-OR) and Amy Klobuchar (D-MN) proposed this bill on March 5 to entirely prohibit the president, vice president, and members of Congress from trading event contracts. DEATH BETS Act: Introduced by Sen. Adam Schiff (D-CA) on March 11, this legislation seeks to explicitly ban contracts related to war, assassinations, and individual deaths. Prediction Markets Security and Integrity Act: Sponsored by Sens. Richard Blumenthal (D-CT) and Andy Kim (D-NJ), this March 11 proposal focuses on consumer protections, age verification, and returning regulatory authority to individual states. Prediction Markets Are Gambling Act: Introduced on March 25 by Sens. John Curtis and Schiff, this bill aims to prohibit CFTC-regulated platforms from listing sports-related or casino-style event contracts. Given the pace of legislative activity, there is no doubt that prediction markets are a focus of Congress. However, with so many bills now in motion, it remains unclear which, if any, will have a realistic path to becoming law. 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.
SBC Summit Malta 2026 to Address Modern Marketing’s Biggest Questions
(AsiaGameHub) - SBC Summit Malta 2026 will include a specialized marketing track designed to assist brands in evolving their acquisition and engagement strategies for the modern age. As regulatory environments tighten and media channels multiply, marketing has become one of the gaming industry's most intricate sectors. Teams are no longer merely fighting for visibility; they are operating within a landscape defined by constraints and rapid evolution. Scheduled for 29-30 April, attendees will hear from CEOs, CMOs, and marketing experts as they address the primary hurdles of modern marketing, including rising costs, changing player habits, and the increasing impact of AI and data. The agenda is divided into two distinct segments. Marketing Unplugged, held on Wednesday 29 April, will focus on the strategic mindset required to solve the industry's major marketing issues, while Marketing in Action, on Thursday 30 April, will provide workshops centered on practical execution. “Marketing departments are facing unprecedented pressure as costs climb and the room for error diminishes,” noted Rasmus Sojmark, Founder and CEO of SBC. “By offering various learning styles, this stage enables participants to grasp modern marketing theories and apply them through hands-on practice.” Marketing Unplugged will utilize diverse formats like CEO fireside chats, masterclasses, and live campaign reviews to promote deep engagement and discussion. Discussions will cover Malta’s status as a global gaming center, leadership insights from CEOs, and campaign teardowns by CMOs. Experts will also discuss AI regulatory frameworks and the changing landscape of search. Malta: The Global Gaming Powerhouse The CEO Chat Show: Leadership Insights AI Under the Microscope: Regulation and Responsibility Marketing Channels: Balancing Spend and Savings for 2026–2027 The CMO Review: Live Campaign Analysis SEO Trilogy Marketing in Action will transition from theory to practice, featuring interactive workshops where attendees can develop and test frameworks for immediate use. Participants will explore narrative-driven messaging, loyalty frameworks, and the psychological aspects of branding. Sessions will also demonstrate how AI and data can enhance campaign results and provide a competitive edge. Media & Messaging: Storytelling in a Regulated Era Player Retention and Loyalty: Maximizing Lifetime Value Branding and Psychology: Capturing Market Share AI and Data-Driven Marketing: Optimizing Campaigns Speakers appearing throughout the track include Sam Behar (Marketing Director, Sky Gaming), Sean Bianco (Co-Founder, Gain Change), Conrad Bugeja (Head of SEO at LiveScore Group), Brian Christopher (CEO & Creator, BC Ventures), Alina Famenok (Growth & Partnerships Expert, Former-CEO Already Media), Ivan Filletti (CEO, Gaming in Malta), Nikola Jellacic (CMO, Casumo), Jesper Kärrbrink (CEO, Immense Group), Karolina Moscicka (COO, BugsyEmpire), Francesco Postiglione (CEO, Casumo), Dmitry Starostenkov (CEO, Evenbet), and Marco Trucco (CMO, Immense Group). SBC Summit Malta 2026 is set for 28–30 April at the InterContinental Malta, expecting 6,000 industry professionals. The event also features tracks on product, regulation, affiliation, and leadership. Register for SBC Summit Malta The VIP Event Pass is available for €600, providing full access to the three-day conference and exhibition. Expo+ Passes are €150, while operators and affiliates can apply for complimentary entry via the official links. 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.
Newborn Town Inc. (SEHK: 9911) Delivered Strong Growth in 2025: Total Revenue Achieved Nearly RMB 7 Billion, Up Over 35% YoY
EQS via SeaPRwire.com / 26/03/2026 / 22:07 UTC+8 [Hong Kong – 26 March 2026] Newborn Town Inc. (Newborn Town or the company, together with the subsidiaries as the ‘Group’, stock code: 09911.HK), a leading global social entertainment company, released its annual results for 2025. For the year ended December 31, 2025, Newborn Town reported a total revenue of RMB 6,889 million, marking a 35.3% year-on-year increase. Net profit for the year reached RMB 964 million, up 22.3% year-on-year. Net profit attributable to owners amounted to RMB 935 million, surging by 94.6% year-on-year, while adjusted EBITDA totaled at RMB 1,215 million, demonstrating a year-on-year increase of 26.1%. By business segment, the social networking business remained the primary revenue driver. Flagship product TopTop continued to deliver strong growth, while MICO and YoHo provided stable contributions to both revenue and profit. The innovative business segment recorded a year-over-year surge of 59.3% in revenue, with quality games and social e-commerce maintaining solid and rapid growth, while the short drama business began to gain traction. By market, the MENA region continued to demonstrate strong commercial momentum. Meanwhile, the Group accelerated its expansion into non-MENA markets, making encouraging progress in regions such as Latin America and Japan. Deepening Competitive Moat in Social Networking Business, While Innovative Business Gained Strong Momentum In 2025, the Group’s social networking business sustained strong growth, with revenue reached RMB 6,142 million, representing a year-on-year increase of 32.9%. In particular, the game-oriented social networking platform TopTop delivered exceptional results, with profit growth exceeding 100%. Revenue for TopTop grew by over 70% year-on-year. Meanwhile, the live-streaming social platform MICO and the voice-based social platform YoHo continued to reinforce their leadership in their respective segments, contributing stable revenue and profit. Leveraging its strong UGC-driven ecosystem, TopTop was steadily evolved into a household name in key MENA markets such as Saudi Arabia, and was named “Best Social Game Platform” at the Sensor Tower APAC Awards. According to Sensor Tower, TopTop ranked 5th in the Middle East social networking app revenue rankings in 2025. As the Group’s first social networking product, MICO has consistently maintained a leading position in the live-streaming social segment across markets such as the MENA region and Southeast Asia. The voice-based social platform YoHo also remained firmly positioned within the top tier of the MENA voice-based social market. According to DianDian data, YoHo ranked among the Top 10 grossing social apps on Google Play multiple times in markets including Saudi Arabia, Oman, and the UAE in 2025. Meanwhile, the Group’s diverse-audience social networking business continued to deliver steady progress. HeeSay, the flagship product of this business segment, further strengthened its presence in Southeast Asia, consistently ranking among the Top 10 grossing social apps on the App Store in markets such as Thailand and Vietnam. During the year, the Group’s innovative business recorded revenue of RMB 747 million, representing a year-on-year increase of 59.3%, working alongside the social networking business to drive steady overall growth. The Group’s flagship games have entered long-term operation stages, while the development and pipeline of new game titles are progressing steadily. The social e-commerce platform Heer Health continued its steady and rapid growth, further strengthened its presence in the fields of HIV prevention and sexual health services. Meanwhile, the Group’s short drama business, which it has been actively investing in, has begun to gain early traction. Accelerating Global Expansion with Solid Progress in Non-MENA Markets In 2025, Newborn Town significantly accelerated its global expansion. During the year, the Group continued to strengthen its competitive advantages in key markets such as the MENA region and Southeast Asia. In 2025, the Group’s core products recorded year-on-year growth of nearly 50% in business scale in the MENA region. Meanwhile, the Group also made solid progress in new markets including Latin America, East Asia, and Europe, further expanding its global footprint. In East Asia, TopTop successfully entered the high-barrier Japanese market, leveraging its differentiated positioning and refined localization strategy, and has begun to generate early monetization results. According to DianDian data, TopTop ranked 6th on the App Store free games chart in Japan in November 2025. Newborn Town continued to advance its expansion in markets such as Europe, steadily broadening its global presence. In high-value markets including Japan, South Korea, and North America, the Group is actively refining its product offerings, deepening market understanding, and exploring further potential in both user scale and monetization. In June 2025, Newborn Town officially established its global headquarters in Hong Kong, marking a new milestone in the Group’s globalization strategy. Looking ahead, the Hong Kong headquarters will serve as a coordination hub, working closely with the Group's global R&D and operations centers to support continued overseas expansion. AI Accelerated Deployment as a Full-Stack Capability “Multiplier” In 2025, Newborn Town accelerated the deployment of AI across its business, deeply embedding AI into core functions such as R&D and operations to enhance overall efficiency. Meanwhile, the Group’s AI product Aippy entered the consumer-facing AI application space, rapidly building a growing active user base since its launch. During the year, the Group continued to strengthen its core technology capabilities, further expanding the application of AI across its business processes. Its self-developed multimodal algorithm model, Boomiix, continuing to undergo iterative upgrades, improving the accuracy of social matching and advancing the intelligence of operations. Newborn Town also launched Siyu AI, an internal data intelligence platform, significantly shortened turnaround times for data queries, anomaly analysis, and report generation. Its proprietary AI-powered design platform KIVI continued to evolve, enhancing both production efficiency and content richness across key creative functions including the design of virtual gifts, campaign pages, and marketing assets, while materially shortening campaign and gifting operation cycles. During the year, the Group launched Aippy, an AI-powered community for games, exploring new ways to deliver emotional value through AI-generated content. Since launch, Aippy has received positive user feedback, achieving an App Store rating of over 4.8. Building on this momentum, the Group has also continued to ramp up recruitment of top AI talent, further strengthening its technology foundation and positioning AI as a full-stack capability multiplier across local operations, scalable growth, product innovation, and compliance enhancement. As AI became increasingly integrated with its social networking business, Newborn Town will continue to deepen its technological capabilities. By leveraging its strengths in agile product innovation, localized operations, and efficient user acquisition, the Group remains well-positioned to further expand in the global social entertainment market and create positive emotional value to users worldwide. About Newborn Town Newborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911. Committed to creating positive emotional value worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company. For enquiries, please contact DLK Advisory pr@dlkadvisory.com 26/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Sharp Develops Long-Range Video Monitoring Technology
TOKYO, Mar 26, 2026 - (JCN Newswire via SeaPRwire.com) - Sharp Corporation has developed long-range video monitoring technology which uses AI to analyze and record video streamed from locations 5 to 10 km away. This technology was developed in collaboration with Harada Laboratory at Kyoto University (hereinafter "Kyoto University"), Watanabe Laboratory at Waseda University (hereinafter "Waseda University"), and Oita Asahi Broadcasting Co., Ltd. (hereinafter "OAB"), as part of the Ultra-Coverage Beyond 5G Wireless and Video Coding through Japan–US–Australia R&D Collaboration project (*1) commissioned by the National Institute of Information and Communications Technology (NICT), Japan.Video analysis of grazing cattle during a field test.The video classifies difference in cattle behavior with green squares (standing) and yellow squares (feeding).Comparing the current footage (left) with the immediately preceding (40 seconds prior) footage (right), environmental changes are displayed at the top of the screen.This technology consists of long-range video transmission technology developed by Kyoto University, which enables the long-range 4K video transmission using a wireless transmission method based on very high frequency waves (VHF band), and Sharp's Dynamic Video Monitoring Technology, which recognizes the behavior of subjects in real-time without pre-training. Compared to conventional technologies, this new technology requires less preparation time for AI video analysis. In the future, this technology is expected to be utilized in a wide range of applications, including hazard detection and remote monitoring of disaster sites and evacuation shelters.To verify the effectiveness of this technology, Sharp conducted field tests in and outside Japan from March 2025 to January 2026 and demonstrated its applicability across various fields. In Japan, tests involving the monitoring of animal behavior at zoos and aquariums, as well as the streaming of live video from ships at sea were carried out. Overseas, a field test to monitor grazing cattle in remote areas has been conducted with Australia's national science agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO).To further advance the wireless communication and video compression technologies used in the long-range video monitoring technology, Sharp is submitting proposals at international standardization conferences for wireless communication and video compression, aiming for adoption in Beyond 5G, the next-generation communication standard, and Beyond VVC, the next-generation video compression standard, both to be formulated as international standards. Furthermore, Sharp is committed to supporting digital transformation through long-range wireless communication and AI technologies, aiming to apply these solutions not only to animals and ships—as demonstrated in this proof-of-concept—but also to a wide range of fields, including transportation infrastructure and disaster response.1. 4K video transmission over long distances (5 to 10 km) by long-range video transmission technology which utilizes the VHF band2. Dynamic Video Monitoring Technology (an AI technology) identifies subjects without pre-training and records changes in situations and behavior, applicable to various video analysis tasks with a shorter preparation period3. Effectiveness confirmed through field tests in and outside Japan*1 Grant No. 05101■ Key Features1. 4K video transmission over long distances (5 to 10 km) by long-range video transmission technology which utilizes the VHF bandWireless technologies used in mobile phones and other devices create coverage areas by densely deploying base stations at intervals ranging from several hundred meters to several kilometers, and transmit data between communication devices via these base stations. In contrast, the newly developed long-range video transmission technology utilizes VHF band wireless technology (*2) announced by Kyoto University, along with video compression and transmission technology. This enables the direct video data transmission between communication devices located 5 to 10 km (*3) apart, making it possible to transmit 4K video in locations where it is difficult to install base stations, such as remote islands, or within vast areas like ranches. Furthermore, since the new technology supports video transmission specification changes such as resolution and bit rate, the data transmission volume can be adjusted to suit the installation environment and intended use.Transmission range in a field test conducted in January 2026*2 For more information on this technology, please refer to the Kyoto University press release (https://www.dco.cce.i.kyoto-u.ac.jp/ja/PL/PL_2025_06.html) (in Japanese).*3 Transmission range will vary depending on the communication environment and video content.2. Dynamic Video Monitoring Technology (an AI technology) identifies subjects without pre-training and records changes in situations and behavior, applicable to various video analysis tasks with a shorter preparation periodIn video analysis, conventional AI technologies required preparatory work—such as labeling training data with information on the type, behavior, and location of subjects such as animals—as well as pre-training of the AI, which made it time-consuming to start using the system. In contrast, Dynamic Video Monitoring Technology can be activated in a shorter preparation time by applying prompts (instructions for the desired actions) along with preprocessing (*4) and postprocessing (*5) to AI which handles images and languages.*4 The processing of data to enable the AI to reason efficiently.*5 The process of converting data output by the AI into a format that is easy for users to understand and utilize.Furthermore, by combining the Dynamic Prompt Technology (*6) developed in joint with this technology, the AI automatically generates prompts based on the video content. Voice narration and quizzes based on the analysis results can be automatically produced.The AI generates narration (text at the bottom of the screen) based on the video*6 A technology which automatically generates instructions for the AI based on inputted video and context.3. Effectiveness confirmed through field tests in and outside Japan.From March 2025 to January 2026, Sharp conducted field tests in and outside Japan for various applications to confirm, its effectiveness. PeriodLocationsSubjects of analysisTest details1March 2025・Takasakiyama Natural Zoological Garden(Oita City, Oita Prefecture)・Nishi-Oita Hover Terminal(Oita City, Oita Prefecture)・Monkeys in a zoo・Footage from operating ships・Counting the animals, generating of voice narration・Long-range (approx. 5 km) video transmission to remote locations・Long-range video transmission from moving objects (ships)・Analysis of conditions within Beppu Bay as observed from the ship, voice narration generation2October 2025・CSIRO Armidale Research Farm(New South Wales, Australia)・Grazing cattle・Classification of individual animal behaviors・Recording of temporal changes3January 2026・Umitamago Oita Marine Palace Aquarium(Oita City, Oita Prefecture)・OAB head office(Oita City, Oita Prefecture)・Dolphin show・Facility beach・Long-range (approx. 6 km) 4K video transmission・Full HD video transmission for AI analysis at 1/10 the standard bit rate (approx. 300 kbps)・Analysis of the dolphin show・Generation of audio narration and quizzesAbout SharpFor more than 110 years, Sharp Corporation has been developing pioneering, world‑first and industry-first products and technologies primarily in electronics. Based on its business creed "Sincerity and Creativity", the company has established its corporate slogan "In step with your future." and aims to create New Cultures through innovative products and services in every aspect of how people live and work. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
Maine Legislature Votes to Ban Credit Cards for Sports Betting and iGaming
(AsiaGameHub) - Maine legislators have approved a bill that would prohibit credit card use for sports wagering and online gaming. LD 2080 now awaits review by Governor Janet Mills after the Legislature gave its approval on March 25 following Senate passage. Should the governor sign the measure into law, it would bar operators and management services licensees from taking bets placed with credit cards and mandate that regulators configure systems to block such transactions on mobile applications, digital platforms, and at physical betting sites. This legislative action occurs as Maine gets ready to launch its newly approved online gaming market and while legislators evaluate additional gambling-related proposals, such as a separate measure to prohibit sweepstakes casinos that remains under consideration. Representative Marc Malon (D) filed the bill in January under the title "An Act to Protect Consumers by Prohibiting the Use of Credit Cards in Sports Wagering" to safeguard Maine residents from gambling addiction, though the name was subsequently modified to encompass internet gaming. At that time, Malon described the legislation as a means to balance the economic advantages of legalized gambling with consumer safeguards, stating: "Legal and regulated gaming generates employment and delivers substantial revenue for our state. However, as sports wagering gains popularity and online gaming launches, the Legislature must focus on measures that balance these economic benefits with reasonable protections to prevent Mainers from developing addictions and accumulating debt. This legislation achieves that equilibrium." Measure Revised and Broadened via Committee Amendment The legislation experienced several modifications before taking its current form as "An Act to Protect Consumers by Prohibiting the Use of Credit Cards in Sports Wagering and Internet Gaming." Initially submitted in January, LD 2080 originally covered only sports wagering, but an amendment adopted earlier this month extended its reach to include internet gaming and revised its title accordingly. Under the revised version, operators offering both sports wagering and internet gaming would be prohibited from accepting bets from customers attempting to use credit cards for payment. The measure would additionally compel regulators to establish rules blocking credit card usage across all betting channels, including mobile platforms and in-person kiosks, thereby strengthening the prohibition through both operational and technical protections. In addition to approving this bill, the Legislature is examining legislation aimed at sweepstakes casinos. Earlier this month, Maine's Senate approved LD 2007, which would prohibit dual-currency online platforms. The concurrent consideration of these measures indicates that lawmakers are increasingly focused on consumer protections as legal gambling expands in the state. Sector Shifting Away From Credit-Based Betting If LD 2080 is enacted, Maine will become part of an expanding group of states that have prohibited credit card gambling in various forms, including Iowa, New Hampshire, Tennessee, Vermont, Illinois, and Massachusetts. Major operators have also begun eliminating credit card acceptance. In August 2025, DraftKings ceased accepting credit cards for sportsbook and online casino deposits following a $450,000 penalty in Massachusetts for inadequate transaction blocking. FanDuel followed on March 2, discontinuing credit card deposits nationwide for its sportsbook, casino, and racing offerings. These recent developments indicate the industry may be voluntarily adopting standards that prioritize debit-based and direct bank transfer methods. . 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.
Israel states Iranian leader who ordered Strait of Hormuz closure killed in targeted strike
(SeaPRwire) - Alireza Tangsiri, commander of the Islamic Revolutionary Guard Corps Navy, was targeted and killed in an Israeli strike, Israel’s Defense Minister Israel Katz stated.“Tonight, in a precise and deadly operation, the IDF took out IRGC Navy Commander Tangsiri, along with senior naval command members,” Katz said, via a Hebrew translation. “The individual directly responsible for the terrorist acts of mining and blocking the Strait of Hormuz to shipping has been targeted and neutralized.”“This sends a clear message to all senior leaders of the Iranian IRGC terrorist organization that currently governs Iran: The IDF will track and take you out one by one. I commend the IDF for a flawless operation,” Katz added. “This is also important news for our American allies, reflecting the IDF’s role in helping to reopen the Strait of Hormuz and the historic partnership between U.S. President Donald Trump and Prime Minister Benjamin Netanyahu, as well as between our two nations and militaries.”The strike was carried out using U.S. and Israeli intelligence, a senior Israeli official told .“Alireza Tangsiri, head of Iran’s Revolutionary Guard Navy — who directly ordered the closure of the Strait of Hormuz, one of the globe’s most vital energy bottlenecks — was targeted in an overnight strike at a secret naval command center, along with his top operational leaders, including intelligence and operations chiefs,” the official said. “This targeted operation, fueled by U.S. and Israeli intelligence, continues to show just how deeply we can penetrate.”Nearly four weeks ago, President Donald Trump initiated the controversial war against Iran in partnership with Israel.“Iranian negotiators are very different and ‘strange.’ They’re ‘begging’ us to strike a deal — which they should be, since they’ve been militarily crushed with no chance of recovery — yet they publicly claim they’re only ‘reviewing our proposal.’ WRONG!!!” Trump wrote in a Thursday morning Truth Social post.“They’d better get serious soon, before it’s too late — because once that line is crossed, there’s NO TURNING BACK, and it won’t be pretty!” he cautioned.' Yael Rotem-Kuriel contributed to this report This article is provided by a third-party content provider. SeaPRwire (https://www.seaprwire.com/) makes no warranties or representations regarding its content. Category: Top News, Daily News SeaPRwire provides global press release distribution services for companies and organizations, covering more than 6,500 media outlets, 86,000 editors and journalists, and over 3.5 million end-user desktop and mobile apps. SeaPRwire supports multilingual press release distribution in English, Japanese, German, Korean, French, Russian, Indonesian, Malay, Vietnamese, Chinese, and more.
OKI and Hitachi Agree to Integrate Businesses Related to Automated Teller Machines (ATMs) and Other Automated Equipment
TOKYO, Mar 26, 2026 - (JCN Newswire via SeaPRwire.com) - Oki Electric Industry Co., Ltd. (TSE:6703, “OKI”), Hitachi, Ltd. (TSE:6501, "Hitachi"), and Hitachi Channel Solutions, Corp. (“Hitachi Channel Solutions”), today announced that we have agreed to enter into an agreement (“Integration Agreement”) regarding the business integration of their automated equipment businesses, including ATMs (“Business Integration”), as well as a shareholders’ agreement regarding the joint venture company established for this Business Integration (“Joint Venture Company”).Pursuant to the Integration Agreement, OKI will transfer its business responsible for the development and production of automated equipment, including ATMs, to Hitachi Channel Solutions - a wholly-owned subsidiary of Hitachi - through the Absorption-type Split. Subsequently, OKI will acquire a portion of Hitachi Channel Solutions’ shares, thereby establishing it as a joint venture. The planned ownership ratio of the Joint Venture Company will be 60% for OKI and 40% for Hitachi.Through this Business Integration, we will combine the business foundations - from development to manufacturing - that OKI and Hitachi Channel Solutions have cultivated globally over many years and establish a comprehensive service structure for terminals and branch channels targeting the financial, retail, and transportation markets. We will provide various hardware devices of automated equipment, including ATMs, which are essential social infrastructure, in a more continuous and stable manner. At the same time, we will further enhance our solutions and services that pursue added value for customers and expand our channel business based on additional customer touchpoints. With regard to the sales business for ATM-related equipment and services, we will maintain the existing framework under which OKI, Hitachi, and their respective sales subsidiaries will continue sales activities within their respective companies, as before.Going forward, following approval from the Japan Fair Trade Commission and other relevant authorities, we aim to start operations as the Joint Venture Company from October 1, 2026.Background and ObjectivesAgainst the backdrop of social structural changes such as the spread of cashless payments and the aging population, financial institutions are reevaluating the role of ATMs and branches, while the shift toward contactless operations is accelerating. Consequently, the role of ATMs is undergoing a significant transformation - moving beyond traditional cash transactions to include cardless transactions linked with QR code payments and the payment of various public utility bills - and the industry is entering a period of transformation that demands more advanced ATM functionality.Since developing the first cash-recycling ATM in 1982, OKI has expanded its automated equipment business across a wide range of sectors, including finance, retail, and transportation, contributing to the streamlining of operations involving cash and documents, as well as the improvement of services. Leveraging the strength of the OKI Group’s integrated value chain – from design and development, and manufacturing to installation and construction, maintenance and fully-outsourced ATM operation and monitoring - OKI provides high-value-added, one-stop solutions. In September 2025, OKI approximately doubled production capacity at its overseas manufacturing base, OKI VIET NAM CO., LTD., thereby strengthening OKI’s stable supply system.Hitachi and Hitachi Channel Solutions have been working to enhance services in physical settings, such as ATMs, while leveraging Hitachi Channel Solutions’ technological and development capabilities to support initiatives aimed at branch reform and digital transformation (DX), including the creation of new customer touchpoints such as “contactless” and “self-service” solutions for financial institutions. Furthermore, by utilizing the core technologies cultivated through their ATM business, Hitachi and Hitachi Channel Solutions have expanded their ATM operations globally and expanded their product and service offerings into new fields outside the financial sector.Amid this period of market transformation, the three companies agreed that combining the strengths of OKI and Hitachi Channel Solutions is essential for our customers and society. We have agreed to establish a joint venture with the aim of fulfilling our social responsibility to ensure the continuous and stable supply of ATMs - which remain a vital social infrastructure - while aiming for a shared strategic goal of growth in the global market. Furthermore, in the future, we aim to link the various data obtained from the products and service layers provided by the Joint Venture Company with Hitachi’s Lumada business. Through AI-driven analysis and utilization, we aim to support our customers - including financial institutions - in transforming their operations and creating new services, thereby jointly creating even greater customer value.About the Joint Venture CompanyThe establishment of the Joint Venture Company aims to respond to changes in the environment surrounding automated equipment, including ATMs, and to achieve sustainable business growth both in Japan and overseas. By combining OKI’s and Hitachi Channel Solutions’ expertise in solving on-site challenges, product development technologies, and manufacturing infrastructure, the Joint Venture Company will be able to create high-value-added, highly reliable products. Furthermore, by incorporating an operational framework that includes maintenance and monitoring, the Joint Venture Company will further enhance solutions and services designed to deliver added value to customers.Going forward, the Joint Venture Company plans to provide one-stop services ranging from automated equipment, such as ATMs, to related services.In Japan, the Joint Venture Company will widely provide the high-value-added products and services created to financial institutions, the retail and transportation industries, and customers in new sectors across Japan.Globally, the Joint Venture Company will promote the expansion of its world-class products and solution businesses as the core of its growth strategy. The Joint Venture Company aims to achieve high growth and strengthen its competitiveness in the global market by expanding its footprint into growth markets centered on ASEAN, as well as India and neighboring countries, North America, and MEA (Middle East and Africa), while swiftly responding to the increasingly advanced needs for ATMs, automation, and efficiency in each country.About Oki Electric Industry Co., Ltd.Founded in 1881, OKI is Japan's leading information and telecommunication manufacturer. Headquartered in Tokyo, Japan, OKI provides top quality products, technologies, and solutions to customers through its Public Solutions, Enterprise Solutions, Component Products, and Electronics Manufacturing Services businesses. Its various business divisions function synergistically to bring to market exciting new products and technologies that meet a wide range of customer needs in various sectors. Visit us at https://www.oki.com/global/.About Hitachi, Ltd.Through its Social Innovation Business (SIB) that brings together IT, OT(Operational Technology) and products, Hitachi contributes to a harmonized society where the environment, wellbeing, and economic growth are in balance. Hitachi operates globally in four sectors – Digital Systems & Services, Energy, Mobility, and Connective Industries – and the Strategic SIB Business Unit for new growth businesses. With Lumada at its core, Hitachi generates value from integrating data, technology and domain knowledge to solve customer and social challenges. Revenues for FY2024 (ended March 31, 2025) totaled 9,783.3 billion yen, with 618 consolidated subsidiaries and approximately 280,000 employees worldwide. Visit us at www.hitachi.com.About Hitachi Channel Solutions, Corp.Hitachi Channel Solutions is committed to realizing a sustainable society under its vision: “Shaping a sustainable future by connecting the real and the digital, people and society with technology and trust.” As a pioneer in ATMs and other financial automation solutions, the company has provided products and services in more than 100 countries and regions, working to improve operational efficiency and service quality for financial institutions. In addition to the financial, retail, public, and transportation sectors, Hitachi Channel Solutions is expanding its business into new fields such as security and healthcare through automation and robotic solutions that leverage its mechatronics technologies. Visit us at www.hitachi-ch.com. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

















