A24(SeaPRwire) - The question of whether art is inherently political has persisted for years, across all mediums and through society's most turbulent times, regardless of the intensity of online debates. In the current climate, this question fuels intense online arguments, as today's culture war has absorbed every aspect of entertainment, from the first Black lead in Star Wars to discussions about diversity in video games. Every form of media—movies, literature, comic books, video games—has become a perpetual battleground for ideological ownership between the left and right, while some observers maintain that great art should remain free from politics.For years, artists have grappled with this dilemma, holding strong and varied opinions on both sides. For every creator who feels a need to express their views publicly, there is another who opts for silence, fearing backlash or the loss of audience support. While more visible now, the current culture war echoes a past conflict over the soul of a major musical genre, and the 2015 intense thriller Green Room portrays that struggle with brutal clarity.While many films claim to be "about" music, few have so authentically captured the essence of a specific genre as Jeremy Saulnier's third film. This gritty story follows a down-on-their-luck punk band who must fight for survival against Nazi skinheads after accidentally witnessing a murder post-concert. Before the situation turns into a nightmare, the film's crucial opening act immerses us in the world of the Ain’t Rights, a likable group of struggling artists: we see them siphon gasoline when they can't afford it, play to an uninterested crowd at a small-town diner for a meager payday, and debate authenticity in an interview with a minuscule audience. These struggles are justified by their electrifying stage performances, as Saulnier masterfully recreates the raw, chaotic energy of a punk show—a highlight being a moment where the music cuts out and the audience moves in unison against a wall of sound.This extensive setup is essential for what unfolds as one of the most tense films of the 2010s. Jeremy Saulnier is a modern expert at building suspense, and Green Room is brimming with it, thanks to a masterful command of visual storytelling. When the Ain’t Rights are locked backstage, Saulnier doesn't just show the Nazi gangsters waiting outside; he confines the audience in the room with the band as they frantically strategize, only revealing the imminent threat when a character looks under the door to see a lineup of black boots with red laces.Patrick Stewart’s ruthless neo-Nazi leader is a far cry from the friendly Professor Xavier or Captain Picard. | A24The violence in Green Room is swift, brutal, and intentionally un-glamorous—there is no slasher-film satisfaction in seeing a machete-hacked arm or a dog attack. It's a desperate, chaotic fight for survival, reminiscent of a harsh horror game. Though a work of fiction, the movie powerfully evokes the life-and-death conflict between anti-fascist and fascist punk factions from the 1970s and 80s.During the 1970s, the rise of racist, reactionary views in the U.K.—fueled by figures like Enoch Powell and the National Front party—spawned several neo-Nazi punk bands. This trend spread to the United States in the 1980s, creating a deep rift within the punk scene, with skinhead groups often perpetrating racially motivated violence. An antifascist counter-movement naturally emerged in opposition, with initiatives like London's Rock Against Racism and the Dead Kennedy's enduring anthem Nazi Punks F*ck Off making a definitive stand, establishing punk as an inclusive space for all except those who espouse Nazi ideology.The violence in Green Room is direct and leaves a lasting impression. | A24The famous Dead Kennedy's song is pivotal to the film—it's the first number the Ain’t Rights perform after realizing they are playing at a skinhead bar, a reckless idea from the band's shy bassist, Pat (Anton Yelchin). This is one of the late actor's most memorable roles, portraying a character who is initially hesitant, insecure, and seemingly powerless. Yet, beneath this anxiety lies a core of impulsivity and genuine rebellion, the very qualities that prompt the band to defiantly challenge a Nazi gang on their home ground and which prove essential to their escape.Saulnier meticulously establishes the highly organized and efficient nature of the skinhead operation early on. In a detailed scene, we witness them executing a cover-up: bribing two followers to take responsibility for a staged, non-fatal stabbing—a trick intended to hide a real murder from police—while simultaneously fabricating a story to frame the band's planned killings as self-defense. A clear hierarchy is at work, a streamlined fascist system meant to eliminate the protagonists entirely. This is exactly why the band must embrace the anarchic spirit of their music to disrupt their enemies' carefully laid plans.Anton Yelchin’s performance as Pat stands as one of his best and serves as the emotional core of the movie. | A24Authoritarian systems are orderly, controlled, and meticulously maintained, engineered for oppression and censorship. They prefer art to be uncontroversial, non-confrontational, and silent in the face of injustice; they demand compliance. However, art inherently mirrors the high-stakes political realities that constantly surround us, and the implications of the "culture war" extend far beyond messages in a new Disney film. There are times when one must take a stand, regardless of the risk, even if it means facing a hostile crowd alone—because, as the Dead Kennedy’s declared, "punk is thinking for yourself."Green Room is streaming on Netflix. 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.
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Iran Redirects 20 Million Barrels via Covert Offshore Oil Network Amid U.S. Port Blockade, Firm Reports
(SeaPRwire) - According to maritime intelligence firm Windward AI, Iran is utilizing clandestine offshore networks to transport tens of millions of barrels of oil, circumventing a new U.S. blockade on its ports.The blockade was implemented on April 13 during a period that included a two-week ceasefire and unsuccessful peace negotiations between the U.S. and Iran, while President Donald Trump maintained that the strategic waterway must stay open. Approximately one-fifth of global oil shipments traverse this route.Windward informed Digital that "Iranian oil distribution is ongoing via indirect routing and offshore transfer networks."The company identified that "as of April 13, a minimum of 11 tankers holding an estimated 20 million barrels of Iranian oil are located off the coast of Malaysia at a ship-to-ship transfer hub.""These ships are probably waiting for other vessels to arrive for unloading or are getting ready for further transport," the firm assessed.Windward further explained that this gathering of vessels underscores Iran's "persistent use of offshore storage and transfer methods."This strategy enables Iranian oil shipments to "continue without needing to pass directly through the Strait.""Covert operations continue to be a fundamental component of current activities, aiding both port calls after transit and wider avoidance tactics," Windward stated."Concurrently, Iranian oil shipments are being directed more frequently through offshore hubs, diminishing the need for direct passage through the Strait of Hormuz."U.S. forces started enforcing the blockade at 10 a.m. ET on April 13 after Trump promised to prevent "any and all ships from attempting to enter or leave" the strait, following a period of sustained pressure on Tehran.As Digital had earlier reported, the U.S. military verified on Wednesday that it had intercepted nine oil tankers trying to violate the blockade.U.S. Central Command (CENTCOM) stated that "in the initial 48 hours of the U.S. blockade on vessels entering and leaving Iranian ports, no ships have successfully passed U.S. forces.""Furthermore, nine vessels have followed instructions from U.S. forces to reverse direction and head back to an Iranian port or coastal region," CENTCOM posted on X. was also informed that all nine of these vessels were oil tankers. A senior U.S. defense official said that none of the vessels instructed to turn back required boarding by U.S. forces.However, on April 14, the first complete day of the blockade under active U.S. patrols, Windward observed ship activity that suggested "a disjointed and inconsistent reaction to the blockade."The firm reported that "early movements reveal a mix of continued passage, altered routes, and possible avoidance attempts.""Vessels that are sanctioned or sailing under false flags are still operating, with some moving through the Strait while others hold position, turn back, or change their planned routes."Iranian oil shipments persist via indirect distribution channels, with large quantities being held offshore instead of moving directly through the Strait of Hormuz."CENTCOM clarified that the blockade would only affect maritime traffic coming into or leaving Iranian ports.It emphasized that U.S. forces would not "disrupt freedom of navigation" for ships passing through the strait en route to other locations.The blockade on this crucial trade route would be applied "without bias" to all vessels entering or exiting Iranian ports, including those in the Persian Gulf and the Gulf of Oman.To date, sanctioned vessels and those with false flags are still operating as enforcement measures develop.Rich Starry, a U.S.-sanctioned handy-size tanker indicating it was fully loaded, continued its outbound journey after having turned around earlier.Windward noted that the tanker's course avoided the Larak Island corridor and instead matched an alternative outbound route suggested by Iran.Simultaneously, Windward also reported observing Murlikishan, a U.S.-sanctioned chemical tanker, traveling inbound. 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.
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IDF claims latest Israeli strike on Hezbollah surpasses 2024 pager attack in devastation
(SeaPRwire) - Hezbollah—an Iran-backed terrorist organization—faced a major strike on its command network across Lebanon on April 8, which Israeli officials called one of the war’s most destructive blows.Almost at the same time, blasts rocked Beirut, the Beqaa Valley, and southern Lebanon as around 50 Israeli planes hit over 100 Hezbollah sites.Per the Israel Defense Forces (IDF), the targets weren’t rocket launchers or arms depots; instead, they were the group’s core operational hubs: command rooms, intelligence headquarters, and offices where Hezbollah leaders planned the next phase of the conflict.This strike signaled a new phase in the Israel-Hezbollah war, which began on March 2 when Hezbollah joined the conflict to support Iran—one day after U.S. and Israeli strikes on Iran and the assassination of Iran’s Supreme Leader, Ayatollah Ali Khamenei.Since that time, Hezbollah has launched rockets, drones, and anti-tank missiles into northern Israel, and Israel has retaliated with expanding airstrikes and a ground campaign in southern Lebanon.“Within only a minute, the IDF eliminated 250 Hezbollah terrorists in three areas simultaneously,” the Israeli military stated, noting that the assessment is still in progress.IDF spokesperson Lt. Col. Nadav Shoshani told Digital that the strike was the product of several weeks of intelligence gathering.Israeli intelligence services monitored Hezbollah operatives as they traveled between apartments, offices, and safe houses throughout Lebanon.“The timing had to do with the preparations,” Shoshani explained. “There was weeks of amazing intelligence.”When asked if the operation demonstrated Israel still has significant infiltration within Hezbollah after months of war, Shoshani referenced the attack’s scope.“The fact that we were able to find 250 terrorists hiding in different locations in Lebanon, many of them in locations for recent weeks, eliminating them in real time, I think the capabilities speak for themselves,” he remarked.Lebanese President Joseph Aoun criticized Wednesday’s strikes.“The scale of the killing and destruction in Lebanon today is nothing short of horrific,” stated Volker Türk, the United Nations Human Rights Chief. “Such carnage, within hours of agreeing to a ceasefire with Iran, defies belief.”“This response will continue until the Israeli-American aggression against our country and our people ceases,” Hezbollah declared in a statement.The strike was compared to the September 2024 “beeper operation,” during which thousands of pagers and walkie-talkies used by Hezbollah members detonated nearly simultaneously across Lebanon and Syria—an operation widely linked to Israel.Per Lebanese authorities, the blasts killed over 40 people and injured around 4,000, while Hezbollah later admitted that some 1,500 fighters were put out of commission. The operation shattered Hezbollah’s communication network and became Israel’s benchmark for a strike that fundamentally altered the battlefield.“The beeper had more … effective injuries. That was the purpose of it,” Shoshani noted. “But both targeted hundreds of terrorists and within 60 seconds.”Similar to the beeper operation, Shoshani said the April 8 strike aimed not only to kill operatives but also to throw Hezbollah into disarray.“It was important to the aspect of creating disarray, of breaking their chain of command, breaking their command and patrol capabilities and kind of tilting the organization out of balance,” he explained.A former Israeli intelligence official, speaking anonymously, stated that while the strike might not have matched the beeper operation’s impact, it seemed to target an unusually wide range of Hezbollah’s mid-level ranks.Hezbollah is still reeling from the blow, the former official said, even though this hasn’t yet led to a drop in its rocket fire.However, he warned against evaluating the operation solely based on the number of people killed.The true measure, he said, is whether the strike changes the war’s trajectory and leaves Hezbollah less able to operate.The IDF reported that many of those killed belonged to Hezbollah’s Radwan Force—its most capable and best-trained combat unit—as well as its intelligence apparatus, missile units, and aerial Unit 127.The Israeli military noted that most of the targets were embedded within civilian areas.“Most of the infrastructure that was struck was located within the heart of the civilian population,” the IDF stated.Shoshani explained that Israel issued evacuation warnings to civilians before the strikes, but Hezbollah relocated its operatives to new civilian locations.“When we gave the warnings for areas, civilians moved out, then Hezbollah saw that they moved out and started hiding behind civilians in new locations,” he said.Despite the blow, Israeli officials say Hezbollah remains a major threat. Shoshani noted that the group— which had between 150,000 and 200,000 rockets and missiles before the war—still has the ability to fire into Israel.“They still are a real threat for our civilians,” he said.The strike occurred as Israel and Lebanon launched their first direct talks in over three decades at the U.S. State Department in Washington.Lebanese President Joseph Aoun has signaled willingness to discuss normalization and the eventual disarmament of Hezbollah, while Israeli Prime Minister Benjamin Netanyahu has insisted there will be no ceasefire until Hezbollah is dismantled and pushed back from the border.Within hours of the diplomatic opening, Israeli warplanes again struck Lebanon and Hezbollah fired rockets into northern Israel.Reuters 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.
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Player Prop Bets for Tonight’s NBA Play-In Game: Magic vs. 76ers
(AsiaGameHub) - The Orlando Magic will face off against the Philadelphia 76ers in an NBA Play-In Game this evening. Tipoff is scheduled for 7:30 p.m. ET on Amazon Prime Video. The victor of tonight’s matchup will secure the Eastern Conference’s No. 7 seed. The losing team will take on the Charlotte Hornets for the No. 8 seed on Friday. DraftKings Sportsbook has listed the 76ers as 1.5-point favorites, with a combined total score set at 224.5. Fifty-eight percent of the spread wagers and ticketed bets are backing Philadelphia. Now, let’s dive into our top player prop bets for the Magic vs. 76ers, using odds from DraftKings Pick6. Top Player Props for Magic vs. 76ers Orlando’s Paolo Banchero OVER 13.5 Assists & Rebounds Paolo Banchero is a dominant rebounder for the Magic, averaging 8.4 rebounds per game. That places him 17th across the NBA. The former Duke standout is also a reliable playmaker for a frontcourt player, averaging 5.2 assists per game. Here’s how Banchero performed in his past three matchups: 10 rebounds and 11 assists (for 21 total points) against the Celtics 9 rebounds and 7 assists (16 total points) against the Bulls 8 rebounds and 6 assists (14 total points) against the Timberwolves In their most recent matchup against the 76ers, Banchero grabbed 11 rebounds and dished out seven assists, handily beating this prop total. Philadelphia’s Paul George OVER 2.5 3-Pointers Made Joel Embiid is unavailable for the 76ers following last week’s appendectomy. Tyrese Maxey (28.3 ppg) and Embiid (26.9 ppg) lead Philadelphia in scoring, but Paul George (17.3 ppg) will need to elevate his play in the star big man’s absence. George scores most of his points from beyond the arc. His team-leading 39.2% shooting from three-point range bears that out. George averages 2.7 three-pointers per game, but that average jumped to 3.4 across the 10 games he has played since returning from a suspension related to taking improper medication. George has hit more than this number of three-pointers in seven straight games following his return, and he has cleared this prop mark in eight of his past 10 outings. Philadelphia’s Tyrese Maxey UNDER 30.5 Points Going up against one of the NBA’s most explosive scorers can feel intimidating, but Maxey’s recent performance trends make this bet a logical choice. Tyrese Maxey has finished below this point total in eight of his past 10 matchups. With Embiid sidelined, the burden of scoring will fall squarely on Maxey’s shoulders, and Orlando’s defensive game plan will focus on limiting him as the team’s primary scoring threat. Maxey, who averages 28.3 ppg, posted 29 points in their most recent game against the Magic. We advise backing the UNDER here, but our official wager has already been placed at DraftKings Pick6: Paolo Banchero OVER 13.5 combined assists and rebounds Paul George OVER 2.5 three-pointers made Wager: $50 to win $156 (with a 30% NBA Winnings Boost) Wishing you the best of luck with all of your wagers this evening! This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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UK police say London synagogue was targeted in attempted ‘antisemitic hate crime’
(SeaPRwire) - London authorities are searching Wednesday for two masked individuals responsible for an attempted arson at a synagogue, which authorities are classifying as an "antisemitic hate crime."According to the Metropolitan Police, the suspects, dressed in "dark clothing and balaclavas," approached the Finchley area synagogue just past midnight Wednesday. They reportedly "threw two bottles, suspected to contain petrol, and a brick at the building.""We recognize the deep concern this event will generate within the community, especially following the recent arson incident in Golders Green," stated Detective Chief Superintendent Luke Williams. "We are collaborating with the impacted synagogue and maintaining dialogue with community leaders.""I want to assure the public that we treat such incidents with the utmost gravity and that detectives are actively working to identify the perpetrators," he continued.Authorities reported that the bottles failed to ignite, and there were no reports of damage or injuries.Earlier this month, British prosecutors formally charged three individuals—aged 17, 19, and 20—regarding an alleged arson attack on ambulances serving the Jewish community in north London.That incident on March 23 occurred around 1:45 a.m. in Golders Green, where four ambulances run by a volunteer emergency service for the Jewish community were intentionally set on fire in a synagogue car park.Regarding the recent event, the Metropolitan Police confirmed that no arrests have been made as of Wednesday afternoon local time."Anyone with CCTV, dash cam recordings, or details that could assist officers is asked to reach out to the police," Williams requested."Locals should anticipate an increased police presence in the neighborhood over the next few days. We have deployed extra officers and encourage anyone with worries to approach them," he concluded. Digital’s Sophia Compton 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.
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Indonesian Lawmakers Demand Social Media Companies Fund Gambling Addiction Rehabilitation
(AsiaGameHub) - Social media companies should be responsible for covering the costs of treating Indonesian citizens for gambling addiction, according to lawmakers. These calls originate from the policy-making People’s Representative Council, as reported by the Indonesian media outlet Inibalikpapan, following a series of disturbing, high-profile crimes linked to gambling. Lawmakers stated that online gambling addiction is leading to terrible tragedies and urged social media platforms to demonstrate accountability by contributing to the funding of rehabilitation centers. Council member Abdullah, also known as Gus Abduh, who serves on the commission and represents Central Java’s sixth electoral district, asserted that social media platforms are "profiting from [gambling-related] web traffic." Abduh stated, "[Social media operators] must not be allowed to benefit from traffic, either directly or indirectly. They must contribute to the funding of rehabilitation centers for [...] addicts." Social Media Firms: Gambling Addiction Accountability Needed In recent weeks, Indonesian newspapers have been extensively covering online gambling-related crime. Authorities in Makassar reported that a man attacked his wife and cousin with a machete when they attempted to prevent him from gambling online. In Lahat, police have charged a suspect with the murder of their mother after she discovered them stealing gold to fund their online gambling activities. Meanwhile, the head of a local government body in Medan Maimun is accused of embezzling up to IDR 1.2 billion ($70,000) in public funds to support their gambling habits. Abduh characterized the issue as having escalated beyond a mere "legal" concern to become a "national social and economic crisis." The lawmaker recommended that the government draw inspiration from countries such as the United States and the United Kingdom. He noted that both the US and UK have "integrated a rehabilitative approach." The lawmaker explained that instead of "simply blocking online casino sites," Jakarta would benefit from adopting a similar strategy. "We need regulations that require social media operations to help create a national rehabilitation system for online gambling addicts," he proposed. Despite a police investigation that has resulted in the jailing of many young female Instagram influencers, social media personalities continue to promote online casinos on their platforms. Lawmakers in the Indonesian House of Representatives (Image: Andylala Waluyo/VOA) Limited Resources Available Abduh pointed out that the "massive amount of funds circulating" within the online casino sector is disproportionate to the number of available rehabilitation facilities. He stated that the state currently offers only "limited rehabilitation services" for individuals struggling with online gambling addiction. "The state must intervene," the lawmaker concluded. "Online gambling addiction is a behavioral disorder that robs people of self-control. If they are not rehabilitated, we will see more criminals emerge." According to data from the Financial Transaction Reports and Analysis Center, Indonesians deposit as much as $58.39 million annually on online gambling sites. This occurs despite a comprehensive crackdown that has led to the blocking of tens of thousands of citizens' bank accounts. The center, which is Indonesia’s leading anti-money laundering agency, reports that all of these accounts belong to individuals who have placed bets on online casino sites. Civil law courts across the country also indicate that online gambling addiction is becoming a primary reason for divorce. Many of the nation's leading psychiatric hospitals have reported a significant increase in both inpatient and outpatient cases of gambling addiction. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Iran Threatens to Halt Red Sea Traffic in Retaliation for U.S. Military Blockade of Ports
(SeaPRwire) - An Iranian general issued a warning on Wednesday that Tehran might cut off traffic in the Red Sea and other regional shipping routes if the U.S. military’s blockade of Iranian ports continues.According to Middle East Eye, comments from Maj. Gen. Ali Abdollahi Aliabadi of the Khatam-al Anbiya Central Headquarters—Iran’s top military command—were broadcast by Iranian state television.Aliabadi stated that if the U.S. blockade persists, it "creates insecurity for Iran's commercial vessels and oil tankers" and amounts to "a prelude" to violating the ongoing U.S.-Iran ceasefire, the news outlet reported."The powerful armed forces of the Islamic Republic will not allow any exports or imports to continue in the Persian Gulf, the Sea of Oman, and the Red Sea," Aliabadi is also reported to have said.When asked for comment by [Redacted] Digital, the White House provided a statement from press secretary Karoline Leavitt: "President Trump, Vice President Vance and the negotiating team have made the U.S. redlines very clear."Leavitt added, "The Iranians’ desperation for a deal will only increase with President Trump’s highly effective Naval blockade now in effect, which is sending oil tankers towards the big, beautiful Gulf of America."U.S. Central Command released a statement Wednesday noting that U.S. forces stopped nine vessels trying to break the blockade on Iranian ports. [Redacted] has learned all nine were oil tankers.A senior U.S. defense official also confirmed to [Redacted] on Wednesday a Reuters report that a U.S. destroyer intercepted two oil tankers attempting to leave Iran on Tuesday.A U.S. official told Reuters the ships departed Chabahar Port in the Gulf of Oman before being contacted by the U.S. warship via radio communication."During the first 48 hours of the U.S. blockade on ships entering and exiting Iranian ports, no vessels have made it past U.S. forces," U.S. Central Command said Wednesday.Additionally, 9 vessels have complied with direction from U.S. forces to turn around and return toward an Iranian port or coastal area," it added.[Redacted]’s Liz Friden 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.
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South Korean Civil Servants Under Investigation as $18M Sportsbook Scam Probe Expands
(AsiaGameHub) - Nine South Korean government employees face accusations of promoting a high-profile scam centered on an illegal sports betting platform that promised gamblers “guaranteed profits.” Law enforcement officials have launched an investigation following a Chuncheon City Hall audit that uncovered evidence the government employees helped defraud hundreds of South Koreans out of a combined total of more than $18.2 million, per South Korean media outlet G1 News. The group is alleged to have promoted a platform called GM Ball, which claimed to provide bettors with reverse betting options. In sports betting, a reverse bet — sometimes referred to as an action reverse — is a wager that connects two or more separate bets. Placing these bets lets bettors essentially wager on both sides of a team sports contest, so long as they put up twice the standard stake. A betting page from the now-shuttered GM Ball website. (Image: G1 News/Screenshot) South Korean Government Employees Recruited Scam Site Victims Law enforcement has been investigating the platform’s suspected operator for multiple weeks and has since taken the site offline. Investigators noted that the operators “inflated their membership counts” by “promising high returns.” They told gamblers they could earn additional income by referring new users to the platform. According to law enforcement, the site was actually a Ponzi-style scam. A police spokesperson confirmed that more than 800 victims have been identified across the country. Four of the site’s alleged ringleaders fled to Thailand, but police later repatriated all of the suspects back to South Korea. Chuncheon City Hall (Image: G1 News/Screenshot) Chuncheon is the most populous city in South Korea’s Gangwon Province. Auditors reported that several victims have been identified in Gangwon, adding that their probe “confirmed that Chuncheon City officials also used the platform to place wagers.” Auditors stated that all nine city employees used the platform, with an unspecified number of the accused also “serving as local recruiters.” These employees “signed up citizens and fellow government workers,” with some being given high-end smartwatches as an incentive. At least one of the civil servants placed bets totaling nearly $6,800 on GM Ball. One of the accused individuals told investigators, “The operators threatened to freeze our funds, so we began recruiting people we knew.” Law Enforcement Investigation Remains Ongoing Chuncheon City Hall has imposed disciplinary measures against its government employees. Three have received salary reductions, five have been officially reprimanded, and a single employee has been given a formal written warning. This situation may not be fully resolved, however, as law enforcement is pursuing a separate ongoing investigation. The vast majority of online sports betting activities are illegal in South Korea, with the only exceptions being state-run horse racing platforms and Sports Toto. The latter service provides sports pool-style betting, with a daily limit of 100,000 won (roughly $70). Over the past several months, South Korean media outlets have shared reports that dozens of teenagers are using stolen identification cards to place bets on Sports Toto. Many of these teens report that they have developed a “dependency” on sports betting. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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BetMGM CEO Says Customer Acquisition Costs Have Soared Due to Prediction Markets
(AsiaGameHub) - On Tuesday, BetMGM CEO Adam Greenblatt highlighted the difficulties posed by prediction markets during the firm's Q1 2026 earnings call. The company reported net revenue of $696 million for the first quarter, a 6.6% year-over-year increase, alongside an adjusted EBITDA of $25 million, which rose 11% YoY. These results came during a period of intense spending by prediction market operators such as Kalshi and Polymarket. Greenblatt stated that the quarterly performance "fell slightly short of expectations because of a mix of player-favorable sports outcomes and market conditions, which include heightened competitive pressures." He specifically pointed out that BetMGM's customer acquisition costs saw a substantial rise due to the activities of prediction markets, which are increasingly putting pressure on conventional online sports betting (OSB) providers. "This surge is primarily fueled by new companies in the sports betting space purchasing media within the category," Greenblatt explained. "They identify as prediction markets and are acquiring sports betting keywords, in addition to spending heavily on any available sports media outlet." He continued, "Their marketing directly targets sports bettors, which drives up the expense of attracting new OSB customers and lengthens the time to recoup those costs. Several of these firms even incorporate a sportsbook feature in their product to mimic the sports betting experience as closely as possible." BetMGM Sees Higher Player Values in Q1 In the first quarter, BetMGM's average monthly active users (AMAs) decreased by 9% compared to the previous year, settling at 597,000. However, the handle per active user grew by 23%. "We are observing higher player values and a greater handle per active user than we had anticipated for the year," commented BetMGM CFO Gary Deutsch. "The number of players has been lower, yet the overall net effect is positive, as we balance these various metrics. "Factors like the overall handle influence how the handle accumulates. Therefore, we adjust and evaluate all these indicators collectively. The key takeaway is that we are consistently seeing player values exceed our projections." Greenblatt added, "BetMGM's sports segment attracts a larger proportion of bettors who place higher stakes and are of greater value. Although this leads to slightly more volatility in our hold percentage, the loyalty of these customers is a strength for us, as they are generally more steadfast than a predominantly recreational user base." Customer Battle With Prediction Markets Expected to Continue During the call, Greenblatt was questioned on whether prediction markets are making successful inroads with BetMGM's high-value bettors. "We are finding the more premium segments of our customer base to be remarkably stable," he responded. "In the overall pyramid of players, the performance improves as you move towards the top, and our players have performed well year on year. "Consequently, I believe our strategic approach is demonstrating its effectiveness and suitability during these more unpredictable market conditions." Greenblatt also reaffirmed the company's position of holding its ground against prediction markets. "We align with 40 state attorneys general, our OSB regulators, regulated states, and tribal partners," he stated. "We anticipate a swift resolution from the likely Supreme Court hearing on the case that supports states' rights, tribal rights, and opposes prediction markets. "For the remainder of the year, we are adjusting our OSB marketing strategy based on the expectation that the current media environment will continue." This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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by: osami
Matchroom explores non-betting sponsors amid UK regulatory uncertainty
(AsiaGameHub) - Amid regulatory uncertainty within the UK gaming sector, Matchroom Holdings is actively seeking sponsorship opportunities outside the betting industry. This disclosure was made in the group's latest Companies House filing, which outlines financial results for the year concluding on 30 June 2025. The holding company is the entity behind Matchroom Sport, best recognized for organizing professional boxing and darts competitions. The sports enterprise led by Eddie Hearn encompasses several betting partners throughout its divisions, including Matchroom Boxing, Matchroom Multi Sport, World Snooker, and the Professional Darts Corporation (PDC). Hearn holds the position of Chairman for both Matchroom Sport and the PDC. Currently, the regulatory landscape regarding betting partnerships in the UK remains somewhat precarious. Although there is no significant legal initiative underway to prohibit gambling sponsorship, pressure has intensified over recent years, notably throughout the Gambling Act review spanning 2020-2023. “Modifications to gambling legislation could influence the capacity of firms within the Betting and Gaming sector to leverage their brands during group events,” according to the statement from Matchroom’s Companies House filing. “The directors are actively seeking to diversify the group's sponsor base beyond this sector.” Matchroom – a historical partner of betting firms Given its role as the promoter for significant boxing, darts, and snooker tournaments, Matchroom has naturally drawn substantial commercial and marketing interest from betting firms. Major spectacles, such as world heavyweight title bouts featuring stars like Anthony Joshua, along with recurring annual events like the World Darts Championship (WDC) and World Snooker Tour (WST), offer extensive reach that bookmakers have been eager to capitalize on. Matchroom Boxing currently holds partnerships with the British firm Betfred and the Antiguan-based online brand Betonline. Previously, the organization also partnered with William Hill before that firm was acquired by evoke. Anthony Joshua in Cardiff, 2018 – Credit: Huw Fairclough / Shutterstock However, the majority of partners are associated with the PDC. Fluter Entertainment’s Paddy Power sponsors the WDC, while MGM Resorts’ BetMGM partners with Premier League Darts. Additionally, Betfed sponsors the World Matchplay, BoyleSports backs the World Grand Prix, Entain’s Ladbrokes supports both the UK Open and the Players Championship Finals, and BetVictor sponsors the World Cup of Darts. Betting agreements also extend across Matchroom’s snooker portfolio. Yolo Group’s Sportsbet.io serves as a primary partner for the Masconi Cup and the WST, while Midnite is also a partner of the latter. These sponsorship deals likely played a major role in Matchroom’s 2025 results. As of 30 June 2025, the group recorded a post-tax profit of £44m. This included £16.1m from darts, £9.9m from boxing, £2.5m from the Multi Sport division, £1.3m from snooker, and £2m from media, streaming, and production activities. It remains unclear which entities Matchroom might select to replace its betting partners. Rumors suggest that Premier League clubs, which are removing betting sponsors from the front of their shirts at the end of this season, might enter agreements with prediction platforms or financial trading firms. Matchroom might follow suit, although this is far from assured given that prediction platforms have significantly less visibility in the UK compared to the US. In any case, the company faces a significant gap in commercial revenue if regulatory pressure drives away betting partners. Alternatively, if betting partners decide to reduce their sponsorship budgets due to UK tax hikes—a move already being made by Entain, evoke, and Flutter—the company would face a similar shortfall. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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by: nicole
Lavrov Defies Trump, Asserting Iran’s ‘Inalienable’ Right to Uranium Enrichment
(SeaPRwire) - According to the Times of Israel, Russian Foreign Minister Sergey Lavrov stated during a Wednesday state visit to China that Iran has an "inalienable" right to enrich uranium for civilian purposes.As per the Times of Israel, Lavrov said at a Tuesday press conference following a bilateral meeting with Chinese President Xi Jinping: "The right to enrich uranium for civilian purposes is an inalienable right of the Islamic Republic of Iran."Access to such uranium has been a firm red line for U.S. President Donald Trump in ongoing peace negotiations with Iran.In an April 8 post on Truth Social, Trump wrote: "There will be no enrichment of Uranium," adding that the U.S. would work with Iran to locate all remaining nuclear materials in the country to ensure the Islamic Republic has no access to any uranium.Vice President JD Vance, who led the U.S. delegation in Saturday talks with Iranian officials in Islamabad, Pakistan, doubled down on that red line.On Monday, Vance told Brett Baier: "The enriched uranium the Iranians currently possess—we have said we want that to leave their country, and we would like to take possession of it.""The president doesn't want the next president or the one after that to worry about this program, so we want to get that material completely out of the country so the United States has control over it.Despite the U.S.'s hardline stance, Russia’s top diplomat appeared to openly defy the U.S. demand, speaking strongly against what he viewed as American global control."Neither China nor Russia, nor most countries around the world, can accept this approach," Lavrov said in remarks posted on a Russian state website.According to Vance, peace talks with Iran have stalled because of Iran’s refusal to fully give up its nuclear program. Nuclear experts praised this decision."The U.S. team was wise to walk away once it became clear the Iranians would not agree to Washington’s core nuclear demands. Tehran maintaining enriched uranium stocks and enrichment capabilities gives it a pathway to nuclear weapons, plain and simple," Andrea Stricker, deputy director of the Foundation for Defense of Democracies’ nonproliferation program, told Digital.Digital contacted the U.S. State Department and the Russian Foreign Ministry for comment but did not receive an immediate response.Digital's Benjamin Weinthal 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.
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by: osami
ASA Reverses Ladbrokes’ Decision on Ladbucks Ad Campaign
(AsiaGameHub) - The Advertising Standards Authority (ASA) has reversed an earlier ruling against Ladbrokes, determining that its “Ladbucks” ad campaign does not violate regulations aimed at safeguarding minors. This revised decision supersedes one published in June 2025; following a re-evaluation, the regulator now concludes that complaints about the advertisements should be “not upheld.” The case focused on television and video-on-demand ads promoting “Ladbucks” — a rewards program offered by Entain-owned Ladbrokes. The ads featured token-like coins and highlighted incentives such as free bets and free spins. Two complainants argued that the name “Ladbucks” and its visual presentation could strongly appeal to children, as they resemble in-game currencies used in popular titles Fortnite and Roblox. In its revised assessment, the ASA acknowledged similarities between Ladbucks and gaming tokens like V-Bucks and Robux. However, it concluded these similarities were too generic to create a strong appeal to under-18s. The regulator noted that while token-based systems are common in video games, they are also widely used in adult-oriented contexts, such as loyalty schemes. It also highlighted key visual differences, including the darker color scheme and poker chip-style design of the Ladbucks token. The ASA further determined that the ads lacked features typically associated with youth-focused content, such as cartoon imagery, characters, or fantasy elements. References to gambling games were brief and not presented in a way that would attract younger audiences, according to the authority. Although the ads were subject to age-related restrictions — including post-watershed TV placement and controls on video-on-demand platforms — the ASA said these measures alone were insufficient to guarantee under-18s would be excluded from viewing. As a result, the ads still needed to comply with rules preventing “strong” appeal to children. However, the regulator ultimately concluded they met these requirements. The ASA investigated the ads under both the BCAP and CAP Codes and found no breaches. Both complaints were therefore dismissed, marking a reversal of its earlier position and clearing Ladbrokes’ campaign to continue running. It’s not just the ASA cracking down This decision represents a small victory for a gambling industry company in an advertising dispute. Regulators across Europe, not just the UK’s ASA, have become far more stringent regarding advertising in recent years. Last year, the ASA penalized the brand William Hill (owned by evoke) for a voucher promotion deemed to encourage irresponsible gambling. The authority has also recently tightened its stance on social media influencers promoting gambling. Across Europe, the Dutch regulator Kansspelautoriteit (KSA) has warned several operators for non-compliance, notably regarding gambling company logos visible during European football matches. The Irish Advertising Standards Authority (IASA) also pulled two of TonyBet’s YouTube adverts back in February. However, the Ladbrokes ruling shows regulators aren’t just punishing for punishment’s sake. While the decision stems from an advert that first aired on TV in 2024, it reflects a level of accountability from the UK’s authority. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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by: nicole
US Destroyer Halts Two Oil Tankers Attempting to Depart Iran Amid Trump’s Blockade
(SeaPRwire) - A U.S. destroyer intercepted two oil tankers attempting to depart Iran on Tuesday, according to a U.S. official, as part of the Trump administration's blockade of Iranian ports. The official informed Reuters that the vessels departed Chabahar port in the Gulf of Oman before being contacted by the U.S. warship via radio. The official further stated that these tankers were among six vessels that U.S. Central Command (CENTCOM) reported on Tuesday had complied with orders from American forces to turn back and return to an Iranian port in the Gulf of Oman. "Over 10,000 U.S. Sailors, Marines, and Airmen, along with more than a dozen warships and dozens of aircraft, are carrying out the mission to blockade ships entering and departing Iranian ports," CENTCOM stated. "During the initial 24 hours, no ships managed to pass the U.S. blockade, and six merchant vessels adhered to directions from U.S. forces to turn around and re-enter an Iranian port on the Gulf of Oman." "The blockade is being enforced impartially against vessels of all nations entering or departing Iranian ports and coastal areas, encompassing all Iranian ports on the Arabian Gulf and Gulf of Oman," it was added. "U.S. forces are supporting freedom of navigation for vessels transiting the Strait of Hormuz to and from non-Iranian ports."The Pentagon did not immediately provide a response on Wednesday to a request for comment from Digital regarding the reported interdiction of the oil tankers. "U.S. Navy guided-missile destroyers are among the assets engaged in a blockade mission affecting Iranian ports. The blockade is being enforced impartially against vessels of all nations entering or leaving coastal areas or ports in Iran," CENTCOM stated on Tuesday. "A typical destroyer is crewed by over 300 Sailors who are highly trained in conducting offensive and defensive maritime operations." CENTCOM Commander Adm. Brad Cooper stated that "a blockade of Iranian ports has been fully implemented as U.S. forces maintain maritime superiority in the Middle East."Cooper noted that approximately 90% of Iran's economy relies on international maritime trade. "In less than 36 hours since the blockade was implemented, U.S. forces have completely halted economic trade entering and exiting Iran by sea," he also commented. 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.
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by: emer
GMG Doubles Energy Density of 6 Minute Charging Graphene Aluminium-Ion Battery
BRISBANE, AUS, Apr 15, 2026 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to provide the latest progress update on the Graphene Aluminium-Ion Battery technology ("G+A CELLS") being developed by GMG and the University of Queensland ("UQ") under a Joint Development Agreement with Rio Tinto, one of the world's largest metals and mining groups, and with the support of the Battery Innovation Center of Indiana ("BIC") in the United States of America.The GMG G+A CELLS have now demonstrated superior performance characteristics when compared to a representative market leading ultra-fast charging batteries, the Lithium Titanate Oxide ("LTO") batteries, which can be sold at a premium price of up to US$1200/kWh.1Figure 1 shows the current energy density of G+A CELLS, based on BIC testing, and shows the doubling in performance (26 to 49 Wh/kg) since the previous announcement in December 20252 and in comparison, to a representative market leading fast charging high power LTO batteries.Figure 1: Increase in Energy Density for G+A CELLS since December '25 UpdateTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/292641_figure1.jpgFigure 2 shows the charge and discharge curves for the G+A CELLS when charged in 6 minutes (10C) and 60 minutes (1C). The energy density of the cells for the G+A CELLS when charged in 60 minutes (1C) is now 101 Wh/kg when charging to 100% State of Charge (SOC) which is an increase from 58 Wh/kg from the previous update. This shows the G+A CELLS have a nominal voltage of approximately 3.2 Volts (an increase from 3.0 Volts in the previous update). The G+A CELLS maintained performance over hundreds of cycles at 6-minute fast charging rate (10C).Figure 2: Battery performance curves of G+A CELLS at 60 min and 6min charge (1C & 10C)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/292641_9a72ca9bb4963a29_001full.jpgBob Galyen, GMG Non-Executive Director and former CTO of CATL - the largest battery manufacturer in the world, commented: "With the possibility of charging from empty to full in around six minutes, this chemistry fundamentally changes how designers can think about electric vehicles, consumer electronics, and stationary storage. Instead of planning around long charge stops with large packs, engineers can optimise for rapid energy turnaround, with higher power, and safer, with GMG's battery made from abundant raw materials. Lithium-ion will remain a key part of the energy landscape for years to come, but its limitations in fast charging, temperature tolerance, and critical-mineral supply are increasingly evident. By leveraging aluminium and graphene, the GMG team is demonstrating a pathway to reduce reliance on traditional lithium-based systems and or combinatorial systems with multiple battery technologies while delivering step-change improvements in charge time and power density. This is not an incremental tweak to existing cells - it is a new platform that can open markets and use cases that were previously uneconomic or impractical. The companies that adapt quickest to this shift will lead the next wave of electrification, and GMG intends to be at the centre of that transition with graphene aluminium-ion technology."Standard commercial Lithium Nickel Manganese Cobalt ("LNMC") and Lithium Iron Phosphate ("LFP") battery cells for electric vehicles and stationary storage are NOT designed for continuous 6-minute charging (10C); typical recommended charge rates are ≤1 hour (1C), often 2 hours (0.5C), with only limited fast charge operation. Only specialized high-power cell designs like LTO battery cells can tolerate charge rates of 6 minutes (10C).3GMG has now developed a completely new hybrid electrolyte that is chloride free and non-corrosive, unlike common aluminium battery electrolytes, along with a complex cathode and anode technology that enables very stable fast charging over hundreds of cycles. The substrate for both the cathode and anode in the G+A CELLS is aluminium foil - which provides significant cost and weight savings compared with copper, the substrate material used in most lithium and sodium-ion batteries. GMG's technology does not include the use of lithium or copper. The Company has submitted an additional patent application covering these new developments.GMG believes that it has significantly met the key target specification requirements for use in heavy mobile equipment, as shown in Figure 3, its main targeted use case, including:- Charging in under 6 minutes;- Energy density > 100 Wh/kg after 1 hour of charging; and- Safe (no Lithium).The next battery development steps include the following activities:- Test and show cycle life up to 10,000 cycles- Test and show ambient temperature impacts- Test and show standard safety testing- Test and show no thermal battery management system needed Figure 3: G+A CELLS Battery Use Case - heavy mobile equipmentTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/292641_figure3.jpgCraig Nicol, GMG Managing Director and CEO, commented: "This is a significant step up from where we were at with battery performance in December 2025 and we see the required performance for our targeted use case being largely met - which means we can start to put together the next stages of the battery maturation program - including partnerships and manufacturing plans."GMG management believes that the G+A CELLS can eventually achieve over 160 Wh/kg when charged in 1 hour, and over 80 Wh/kg when charged in 6 minutes with further development of the cathode, anode, electrolyte and component weights.Figure 4 shows the latest G+A CELLS in pouch format:Figure 4: Current Multi-Layer G+A CELLTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/292641_figure4.jpgBattery Technology Readiness LevelThe battery technology readiness level ("BTRL") of the G+A CELLS remains at Level 4, whilst significantly progressed through this level as shown in Figure 5. GMG is currently in the process of completing the optimization of the electrochemical behaviour for the pouch cells via ongoing laboratory experimentation. Through collaboration with BIC, it is anticipated that the battery technology readiness will ultimately progress to BTRL 7 and 8 since the equipment and processes needed to produce the G+A CELLS are the same as those employed to make Lithium-Ion Batteries, though no definitive timeline for achievement can be provided at this time.Figure 5: Battery Technology Readiness Level (BTRL)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/292641_9a72ca9bb4963a29_004full.jpgThe Company is confident it can meet the overall timeline, as seen in Figure 6, of its battery cell roadmap that calls for testing of cells with customers in 2026 and small commercial production with support of various partners, including BIC, in 2027.Figure 6: Battery Cell RoadmapTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/292641_9a72ca9bb4963a29_005full.jpgNext Steps Toward Commercialisation & Market ApplicationsJack Perkowski, GMG Non-Executive Chairman and Director, commented: "I am extremely proud that GMG has progressed its battery to this stage - the Company is getting very close to final commercialisation steps. We look forward to providing further updates as GMG progresses the development of its battery technology."The Company continues to see a broad range of potential applications for a completed G+A CELLS - utilising its ultra-high power-density and economic energy density characteristics. Along with Rio Tinto, a range of global companies have confidentially expressed their interest in working with GMG in the following vertical sectors:Figure 7: Market ApplicationsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/292641_9a72ca9bb4963a29_006full.jpgCurrently, GMG believes it will use a plastic battery pack design, similar to Figure 8, to hold the battery pouch cells - reducing the weight, cost and complexity relative to using a metal case. Using a plastic battery pack is possible for two main reasons - GMG believes that its battery will not require a thermal management system or the fireproofing precautions provided by the metal case in a lithium-ion battery. Using plastic will increase the comparative energy density of G+A CELL packs when compared to lithium-ion batteries.Figure 8: Expected Battery Pack for GMG's G+A CELLS Pouch FormatTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/292641_9a72ca9bb4963a29_007full.jpgComparison and Market Review: LTO Batteries As shown in Figure 9 below, the performance of GMG's G+A CELL technology is already very similar to representative LTO batteries.Figure 9: Comparison of GMG's G+A CELLS to Lithium Titanate Oxide (LTO) BatteryTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/292641_figure9.jpg LTO batteries are sold at a premium to LFP and LNMC batteries, which are the main chemistries used in electric vehicles and energy storage systems, and are also widely used in other electronic applications due to their high performance and long cycle life. The material and manufacturing costs for G+A CELLS are expected to be similar to, or less than, the cost to manufacture standard lithium-ion batteries, but substantially lower than the costs to produce LTO batteries.LTO batteries have energy density ranging from 50 - 80 Wh/kg.6 The LTO product is sold globally for use in many applications — with a total of US$5.67 billion sales per annum in 2025. Sales of LTO batteries are expected to grow at 16.9% per annum to an estimated US$ 12.5 billion by 2030. The major manufacturers of LTO batteries include Toshiba, Gree, Microvast and CATL.Further details on applications for the LTO battery from Mordor Intelligence7 are described below. In many of the use cases for LTO batteries, GMG believes that its G+A CELLS can be substituted at a substantially lower cost.Commercial Vehicles: Automotive, primarily buses, refuse trucks, and drayage tractors rather than passenger cars, is the largest user of LTO batteries. Fleets realize five-year total-cost-of-ownership parity once fuel savings and lower maintenance offset higher upfront prices.Fast-charging Electric Buses and Trucks: Transit authorities need battery systems that accept repeated high-power "opportunity charges" during short layovers. LTO cells replenish 80% capacity in roughly five minutes, allowing operators to shrink fleet size without sacrificing route frequency. U.S. Low-No Emission Bus grants earmark more than US$1.5 billion per year, with bid specifications that explicitly reference rapid-charge capability. Parallel subsidy programs in China reimburse up to CNY 80,000 (US$ 11,396) per new-energy bus, accelerating volume deployment in provincial capitals.Hybrid and BEV: Regenerative braking and high-C-rate acceleration favour the use of LTO batteries. Use in fast-charge EV stations is growing rapidly as ride-hailing fleets adopt swap-ready models.Stationary Storage: Utility-scale batteries now cycle multiple times per day for frequency regulation, peak shaving, and voltage support. Energy-storage-system integrators adopt LTO batteries for grid-frequency response where state-of-charge swings are shallow but frequent.Industrial Robotics: LTO batteries are used in continuous-duty forklifts that require partial charges during operator breaks.Aerospace and Defense: Unmanned aerial vehicles, missile auxiliaries, and soldier-worn power banks operating from -40 °C to +60 °C ambient.5-minute Battery-Swap Stations: Battery-as-a-service platforms require ultra-fast turnaround and high cycle life. CATL confirmed plans to install 1,000 swap stations in 2025 and 30,000-40,000 by 2030, each requiring packs that tolerate thousands of rapid exchanges without degradation.Sub-10 kWh Packs: Cordless construction tools, autonomous ground vehicles, and medical carts select LTO batteries to bypass daily pack swaps.12V starter replacement to Lead acid: GMG's G+A CELLS battery technology would be a viable 12 V starter-battery replacement for lead-acid, offering lower weight, longer cycle life, good low-temperature performance and improved cold-cranking capability, together with excellent tolerance to storage at 0% state of charge. In suitable system designs, the chemistry's stable voltage behaviour can also reduce balancing requirements and simplify battery management, helping to lower overall system cost.Lifecycle Procurement Preference: Many government procurement frameworks now weigh lifecycle reliability higher than purchase price. For example, New Mexico awarded a US$ 400 million bus electrification contract that included stringent thermal-runaway resistance metrics. Europe's Clean Industrial Deal allocates capital for storage technologies that stabilize renewables, aligning well with LTO batteries' fast-response profile.Cylindrical Cells: accounted for 37.7% of LTO battery sales in 2024 as entrenched production lines and robust steel casings satisfied heavy-duty demand. Pouch designs address aerospace weight requirements and constrained dashboards in autonomous robots.Summary of Important Milestones for GMG's G+A CELLS Development: MonthImportant Milestones in the Development of the Graphene Aluminium Ion BatteryMay 2020GMG and UQ win Australian Research Council grant for Graphene battery developmenthttps://graphenemg.com/gmg-and-uq-wins-australian-research-council-grant-for-graphene-aluminium-ion-battery-development/Apr 2021The University of Queensland and GMG kick off coin cell battery development projecthttps://graphenemg.com/gmg-the-university-of-queensland-research-uni-quest-kick-off-the-graphene-enhanced-aluminium-ion-battery-development-project/May 2021Graphene aluminium-ion battery performance data - Energy Density and Power Densityhttps://graphenemg.com/gmg-graphene-aluminium-ion-battery-performance-data/Jun 2021Graphene aluminium-ion battery performance data - Cycle Lifehttps://graphenemg.com/graphene-aluminium-ion-battery-performance-data/Jun 2021Significant potential battery customer market response to launch of batteryhttps://graphenemg.com/gmg-graphene-aluminium-ion-battery-progress-update/Jul 2021Investment decision for coin cell battery development centrehttps://graphenemg.com/gmg-battery-pilot-plant-investment/Oct 2021Construction starts for coin cell battery development centrehttps://graphenemg.com/construction-battery-pilotplant/Oct 2021Bosch Australia Manufacturing Solutions and GMG sign Letter of Intenthttps://graphenemg.com/gmg-and-bosch-sign-collaboration-arrangement-for-bosch-to-design-and-deliver-gmgs-graphene-aluminium-ion-battery-manufacturing-plant/Dec 2021Commencement coin cell battery development centrehttps://graphenemg.com/battery-pilot-plant/Dec 2021Initial coin cell batteries sent for customer feedbackhttps://graphenemg.com/graphene-aluminium-battery-customers-prototypes/Mar 2022Initial factory acceptance testing of semi-automated prototype battery cell assembly equipmenthttps://graphenemg.com/gmg-announces-initial-factory-acceptance-testing-of-semi-automated-prototype-battery-cell-assembly-equipment/Mar 2022Wood Engineering and GMG Sign a Letter of Intenthttps://graphenemg.com/gmg-and-wood-agree-collaboration-arrangement-for-wood-to-engineer-and-deliver-major-graphene-manufacturing-expansion-projects/May 2022Rio Tinto and GMG sign Letter of Intenthttps://graphenemg.com/gmg-riotinto-energysavings-battery/Jun 2022Commissioning of Pouch Cell Equipmenthttps://graphenemg.com/gmg-manufactures-first-pouch-cell/Jun 2022Bob Galyen, former chief technology officer of CATL, joins GMG technical advisory committee.https://graphenemg.com/gmg-technical-advisory-committee-leadership-team-additions-and-cfo-change/Aug 2022Investment decision for Phase 1 modular Graphene Production Planthttps://graphenemg.com/gmg-announces-phase-1-expansion-project-to-graphene-manufacturing-facility-for-energy-saving-products-and-batteries/Oct 2022Significant battery performance, cell and graphene production improvementshttps://graphenemg.com/gmgs-battery-update-significant-battery-performance-cell-and-graphene-production-improvements/Dec 2022Investment of $600k Battery Development Centrehttps://graphenemg.com/gmg-invests-au-600000-to-accelerate-battery-pouch-cell-customer-testing-development-in-2023/Feb 2023Australian Government Approval (AICIS) for production and sale of batteries.https://graphenemg.com/gmg-receives-regulatory-approval-to-enable-significant-commercial-sales/May 2023Battery Joint Development Agreement with Rio Tinto signedhttps://graphenemg.com/gmg-announces-battery-joint-development-agreement-with-rio-tinto/May 2023Battery Technology Readiness Level (BRTL) 2-3 reachedhttps://graphenemg.com/gmg-announces-battery-team-and-related-updates/May 2023Decision to switch to develop Pouch Cells (instead of Coin Cells)https://graphenemg.com/gmg-announces-battery-team-and-related-updates/Jul 2023Bob Galyen former chief technology officer of CATL joins GMG board of Directorshttps://graphenemg.com/graphene-manufacturing-group-appoints-former-chief-technology-officer-of-catl-limited-to-its-board-of-directors/Sep 2023Battery Pouch Cell Prototypes Multilayered Auto-Stacker Demonstrationhttps://graphenemg.com/gmg-graphene-aluminium-ion-battery-pouch-cell-prototypes-multilayered-auto-stacker-demonstration/Sep 2023Reaching 500 mAh capacity batteryhttps://graphenemg.com/gmg-achieves-500mah-graphene-aluminium-ion-battery-prototype-in-pouch-cell-format/Sep 2023Battery Technology Readiness Level (BRTL) 4 reachedhttps://graphenemg.com/gmg-achieves-500mah-graphene-aluminium-ion-battery-prototype-in-pouch-cell-format/Nov 2023Rio Tinto and GMG Partnership Video Launchedhttps://graphenemg.com/rio-tinto-gmg-battery-partnership-video-launch/Dec 2023Commissioning of modular Graphene Production Planthttps://graphenemg.com/graphene-manufacturing-group-commissions-modular-graphene-production-plant/Feb 20241000 mAh Capacity Reachedhttps://graphenemg.com/gmgs-graphene-aluminium-ion-battery-1000-mah-capacity-reached-and-next-steps-toward-commercialisation/Mar 2024Graphene Manufacturing Group Secures AU$2 million Funding Grant from Queensland Government for Battery Pilot Planthttps://graphenemg.com/graphene-manufacturing-group-secures-au2-million-funding-grant-from-queensland-government-for-battery-pilot-plant/Aug 2024GMG's Graphene Aluminium-Ion Battery: Progress Update and Next Steps Toward Commercialisationhttps://graphenemg.com/gmgs-graphene-aluminium-ion-battery-progress-update-and-next-steps-toward-commercialisation/Mar 2025GMG's Graphene Aluminium-Ion Battery: Collaboration with World Leading USA Battery Innovation Centre and Next Steps Toward Commercialisationhttps://graphenemg.com/gmgs-graphene-aluminium-ion-battery-collaboration-with-world-leading-usa-battery-innovation-centre-and-next-steps-toward-commercialisation/Dec 2025GMG Unveils Graphene Aluminium-Ion Battery that Fully Charges in 6 minuteshttps://graphenemg.com/gmg-unveils-graphene-aluminium-ion-battery-that-fully-charges-in-6-minutes/ About BIC:BIC is a collaborative initiative designed to incorporate leadership from renowned universities, government agencies, and commercial enterprises. BIC is a public-private partnership and a not-for-profit organization focusing on the rapid development, testing and commercialization of safe, reliable and lightweight energy storage systems for defense and commercial customers. BIC is a unique organization that has been leading battery cell development for world leading battery companies for over 10 years and has carried out over 500 battery development projects.About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041www.graphenemg.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the pricing of LTO batteries, expectations for GMG G+AI batteries to achieve specification requirements for heavy mobile equipment, the lower cost to produce GMG G+AI batteries, expectations for GMG G+AI batteries in respect of charging time, stability, energy density, life cycle, safety, thermal runway risk and the need for a thermal management system when development is completed, that the new hybrid electrolyte is chloride free and non-corrosive, that the cathode and anode technology employed enables very fast and stable charging, that GMG G+AI batteries provide significant cost and weight savings relative to copper, that G+AI batteries can achieve over 150 Wh/kg charged over 1 hour and 75 Wh/kg when charged over 6 minutes following further development of cathode, anode, electrolyte and component weights, that G+AI batteries will progress to BTRL 7 and 8, that the timeline for the battery cell roadmap is achievable, that a range of global companies in a variety of industries will be interested in working with GMG, that the battery pack design will be plastic and which offers weight, cost and complexity advantages to a metal case and increased energy density, expectations for the lack of a thermal management system or fireproofing precautions, expectations for material and manufacturing costs, expectations for sales of LTO batteries, expectations for G+AI batteries being substitutable for LTO batteries at lower cost, expectations that G+AI batteries are viable 12V starter battery replacements and the rationale therefor and the advantages of pouch design for aerospace weight requirements and constrained dashboards of autonomous robots.Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions that GMG G+AI batteries can be produced at lower cost, as to charging time, energy density, life cycle, safety, thermal runway risk and the need for a thermal management system for G+AI batteries, the speed and stability of charging, that G+AI batteries will progress to BTRL 7 and 8, that a range of global companies in a variety of industries will be interested in working with GMG, that the battery pack design will be plastic and offer weight, cost and complexity advantages to a metal case and increased energy density, that the service agreement with the BIC will enable the Company to optimize its cell design and battery manufacturing equipment, and that the Company will be able to meet its overall timeline on the battery cell roadmap. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that GMG G+AI batteries cannot be produced at lower cost, or any of the assumptions as to charging time, energy density, life cycle, safety, thermal runway risk and the need for a thermal management system for G+AI batteries can not be achieved, G+AI batteries do not offer expected speed and stability of charging, that G+AI batteries will not progress to BTRL 7 and 8, that a range of global companies in a variety of industries will not be interested in working with GMG, that the battery pack design will not be plastic and not offer weight, cost and complexity advantages to a metal case and increased energy density, that the Company will not be able to optimize the electrochemical behaviour of the pouch cell through laboratory experimentation or at all, that the Company will not be able to meet its overall timeline on the battery cell roadmap, that the service agreement with the BIC will not enable the Company to optimize its cell design and battery manufacturing equipment and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 04, 2025 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.1 https://www.ritarpower.com/industry_information/The-Price-of-50-kWh-Lithium-Ion-Batteries-A-Comprehensive-Analysis_297.html#:~:text=Lithium%20Titanate%20(LTO)%20Batteries%3A,cost%20between%20%2440%2C000%20and%20%2460%2C000.2 https://graphenemg.com/gmg-unveils-graphene-aluminium-ion-battery-that-fully-charges-in-6-minutes/3 https://findingspress.org/article/21459-impact-of-charging-rates-on-electric-vehicle-batt4 High-power type cells | SCiB™ Rechargeable battery | Toshiba5 https://www.ritarpower.com/industry_information/The-Price-of-50-kWh-Lithium-Ion-Batteries-A-Comprehensive-Analysis_297.html#:~:text=Lithium%20Titanate%20(LTO)%20Batteries%3A,cost%20between%20%2440%2C000%20and%20%2460%2C000.6 https://www.grepow.com/blog/battery-energy-density.html7 Lithium Titanate Oxide Battery Market Size, Share & 2030 Growth Trends ReportTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/292641 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Brazil’s PT Party Proposes Bill to Abolish Online Gambling Law
(AsiaGameHub) - The PT government’s legal arm is calling on Congress to repeal the Bets Law, but where is Lula’s endorsement? The legislative caucus of Brazil’s Workers’ Party (PT) has tabled Bill PL-1808/2026 with Congress, calling for a complete federal ban on “online gambling”. The proposal, formally introduced by PT deputy Pedro Uczai, demands the full repeal of all laws and regulatory provisions for online betting established under the Bets Law (PL 2626/2023), the regulatory framework that has been in effect since January 1, 2025. The proposed federal ban would cover the entire gambling structure created by the Bets Regime, as the bill’s text includes all activities tied to running an online gambling platform, including advertising, sponsorships, payment processing and any intermediary services connected to gambling operations. The bill leaves little ambiguity about the scope of its ban, stating: “This Law prohibits, throughout the national territory, the exploitation, operation, offering, availability, promotion, advertising, intermediation and processing of transactions related to fixed-odds betting.” Backed by 68 PT members, the measure calls for the removal of betting apps and websites, the blocking of financial transactions linked to gambling, and strict penalties for operators, affiliates and service providers found violating the prohibition. The bill is submitted to Congress as an emergency measure developed and supported by the PT government’s legal branch as a public protection effort “to stop the public health and economic harms linked to gambling”. Bets Law viewed as an economic harm As the bill’s sponsor, Uczai stated that it is the PT government’s responsibility to address “rising household debt, financial instability and mental health issues” that have emerged following the creation of Brazil’s online gambling market. “If betting causes the harm we believe it does, why don’t we just eliminate it entirely? Or regulate it to cut down on the volume of betting in Brazil, allowing a limited number of operations if they even serve any public purpose,” Uczai told Congress. Though submitted to Congress, the bill does not carry the signature of President Luiz Inácio Lula da Silva or senior federal government members, making clear the proposal remains a parliamentary initiative rather than an official executive policy. Pedro Uczai – PT Brazil – Credit: Saulo Cruz/Agência Senado Campaigning for a fourth presidential term, Lula has repeatedly spoken out against the Bets regime, noting as recently as last week that if the decision were entirely his, he would move to ban online gambling outright. However, this rhetoric is widely interpreted as campaign positioning, aligned with PT’s “3B slogan” — which calls for higher taxation of bankers, billionaires and betting operators. Political observers had instead expected PT to take a more measured approach, where Lula would leverage the party’s senior ranks to tighten the existing regulatory framework rather than dismantle it entirely. This expected approach included direct adjustments to the final legal terms of the Bets regime, such as backing a federal ban on gambling advertising, strengthening consumer protection safeguards, and formally classifying gambling addiction as a public health issue. When introducing the bill, Uczai made no reference to support from senior PT government leadership, confirming the proposal remains a parliamentary initiative rather than a coordinated executive action. Where is Lula? A full repeal of the Bets regime would put Luiz Inácio Lula da Silva and the PT government on a collision course with key Brazilian institutions. Chief among these is the Receita Federal, Brazil’s federal tax authority, which has backed the regulated framework and projects up to R$13bn (£1.9bn) in gambling-related revenue for 2026 — funds seen as critical to sustaining PT’s social and welfare programs. Backing a federal ban would also spark resistance from Brazil’s football leagues and major media groups, both of which have grown increasingly reliant on high-value sponsorship deals tied to the betting sector. As noted last week by SBC Noticias Brazil: “such a move would carry significant fallout, effectively restarting a legislative process that took more than a decade to complete, while risking conflict with stakeholders across tax revenues, media and sport. The question remains: does the PT government want to take the entire betting regulatory process back to ground zero?” A full repeal of the Bets regime would also see Lula abandon key policy measures established under the framework, including regulatory oversight of the SPA and the rollout of Brazil’s national self-exclusion scheme, which is currently being piloted at the federal level. Most significantly, pushing for a ban risks internal friction within PT and Congress itself. The Bets regime was authorized under Lula’s administration, and is viewed as the culmination of a decade-long policy effort. As developments unfold, it remains unclear whether Lula and PT’s senior leadership will endorse Bill PL-1808/2026, or whether the proposal is just more political posturing from the party ahead of Brazil’s October election. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Nuclear experts commend Trump administration’s team for abandoning Pakistan negotiations
(SeaPRwire) - As a second round of discussions between the U.S. and Iran's government regarding its illegal nuclear weapons initiatives is anticipated this week, prominent experts on Tehran's program assert the Trump administration made the correct decision by withdrawing.Following almost a full day of discussions, Vice President JD Vance's delegation terminated the negotiations held in Pakistan, a move that was met with approval by specialists in the domain."The American team acted prudently by withdrawing when it became evident that the Iranians would not consent to Washington's fundamental nuclear requirements. Tehran's retention of enriched uranium stockpiles and uranium enrichment capacities offers it a direct route to nuclear weaponry, unequivocally," Andrea Stricker, deputy director of the Foundation for Defense of Democracies’ nonproliferation program, informed Digital.A central point of contention between the U.S. and Iran revolves around Tehran's ambition to enrich uranium — the substance utilized in constructing nuclear weapons.President Donald Trump pulled out of President Barack Obama's nuclear agreement with Iran in 2018, as his administration contended that the Joint Comprehensive Plan of Action, the official title of the accord, allowed Iran to develop an atomic bomb.When questioned about the characteristics of an effective nuclear agreement, Stricker stated, "A sound deal necessitates the regime not only surrendering its nuclear fuel, decommissioning crucial facilities, and pledging to a perpetual prohibition on enrichment, but also collaborating with an IAEA inquiry that thoroughly and entirely inventories and disassembles Iran’s nuclear weapons-related facilities, equipment, documentation, centrifuges, and associated production capacities."Stricker conceded that this undertaking might span several years, yet highlighted that "the IAEA is adequately prepared for this task and possesses expertise in dismantling nuclear weapons programs in Iraq, Libya, and South Africa. Any lesser approach would likely result in Iran reneging on its pledges and re-establishing a pathway to breakout."Senator Lindsey Graham declared on Monday his opposition to a reported American proposal for a two-decade prohibition on Iran's uranium enrichment as part of a prospective agreement."I commend President Donald Trump’s determination to resolve the Iranian conflict peacefully and diplomatically. Nevertheless, we must bear in mind the nature of those we are engaging with in Iran: terrorists, deceivers, and fraudsters," Graham shared on X."Should this report prove accurate, the notion of us consenting to a moratorium on enrichment instead of an outright ban would, in my opinion, be an error," he remarked."Would we sanction a moratorium for al Qaeda to enrich? Absolutely not."A Middle Eastern regional official verified to Digital that the U.S. proposed a 20-year suspension of enriched uranium activities, which was subsequently declined by the Islamic Republic.David Albright, a physicist and the founder and president of the Institute for Science and International Security in Washington, D.C., commended the American choice to conclude the discussions in Pakistan. On his X account, which is closely monitored by those observing Iran, he posted: "The U.S. Acted Correctly by Withdrawing in Islamabad."Albright informed Digital that the action taken by the U.S. negotiators "demonstrates that these are not talks merely for the sake of talking. And the withdrawal put Iran on the defensive, indicating its position as the losing party in the conflict. Furthermore, the Iranians would not have altered their stances substantially. They typically lack adaptability. However, Iran desired the continuation of negotiations to attempt to constrain the U.S. and Israel, while simultaneously endeavoring to present themselves as triumphant. Now, Iran must determine whether to accept the American proposal or face the possibility of renewed conflict."He further stated that an advantageous nuclear agreement for the U.S. would entail "no enrichment and no reserves of HEU [Highly Enriched Uranium] and LEU [Low Enriched Uranium]; Iran collaborating with inspectors, demonstrably terminating its nuclear weapons program, and furnishing a comprehensive nuclear declaration, an action it has never undertaken."Albright proceeded by saying that "If Iran indicates a readiness to embrace the U.S. stance, reconvening discussions would be logical.""Iran possesses absolutely no requirement for enrichment. Its sole civilian necessity is for a modest quantity of 20% enriched material for its compact research reactor, the Tehran Research Reactor, and it already holds sufficient 20% enriched uranium, either as fuel or nearly converted into fuel, stored in Iran and Russia under JCPOA [Joint Comprehensive Plan of Action] provisions for two decades."He concluded, "To be facetious, and to echo Abbie Hoffman, I have the right to shout 'theater' in a crowded fire, but I refrain. Iran's insistence on its right to enrich is equally immaterial and beside the issue." 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.
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Rank Group raises profit expectations following Q3 revenue surpassing £200m
(AsiaGameHub) - The Rank Group has announced consistent revenue growth for the third financial quarter, with its performance bolstered by positive results from both its digital and physical venues. For the quarter ending 31 March 2026, the Group's like-for-like net gaming revenue (NGR) climbed 5% compared to the previous year, reaching £205.4m. Year-to-date NGR saw a 6% increase, totalling £625.2m. Each of the main divisions contributed to this positive performance in Q3. The company's largest segment, Grosvenor venues, saw a 5% rise in NGR to £95m, a result underpinned by a robust 10% growth in gaming machine revenue. The digital arm also experienced an uptick, with NGR growing 4% to £60.9m. Growth in the UK digital market was more subdued at 2%, but the international side showed stronger progress, posting a 14% revenue increase following enhancements to its platform and customer services. Mecca venues posted a 5% increase in NGR to £37.8m, while Enracha venues again delivered standout performance with 9% growth to £11.7m, propelled by a significant 27% surge in gaming machine revenue. The company stated that the effective conversion of revenue into profit during the quarter has led to an upgraded full-year forecast. It now anticipates like-for-like underlying operating profit will be no less than £68m, an improvement on the previous guidance of £65m. This revised outlook accounts for continued cost management initiatives, especially in the digital division. These actions are designed to counter the financial impact of the UK's Remote Gaming Duty increase to 40%, which is now in effect. The cost-saving measures involve cuts to marketing expenditure, supplier expenses, and staff numbers, while the company continues to invest in performance-based marketing and customer rewards. Looking ahead for Rank Group The group acknowledged that external issues, such as geopolitical tensions in the Middle East, may influence international travel and subsequently affect venue performance. Despite this, Rank Group anticipates further revenue growth in the fourth quarter. Moving forward, the company is confident it can sustain its growth path, aided by continuous operational enhancements and beneficial regulatory shifts. Specifically, the removal of Bingo Duty starting in April 2026 is projected to boost profitability for its Mecca business. “We were pleased to observe ongoing revenue growth in every part of the business and a strong conversion to profit in Q3, even within a challenging economic environment,” commented Richard Harris, Interim Chief Executive of Rank Group. “These figures highlight the business's resilience, the quality of our customer offering, and the effectiveness of our growth strategies. “By taking the necessary steps to largely offset the effect of the higher RGD in our UK digital operations, and with definitive plans to achieve sustainable revenue growth, the group is in a strong position to meet its medium-term goal of producing at least £100m in operating profit.” Supported by rising revenue across all units and implemented cost controls, the group is moving into the year's final quarter with encouraging momentum. This positive sentiment has been reflected by investors, with Rank Group's share price climbing 12% since the results were published and breaking past the £1 threshold for the first time this year. The current priorities are to maintain this growth while managing regulatory and economic challenges, and to appoint a permanent Chief Executive after John O’Reilly's retirement in January. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Hitachi Energy and Samsung C&T expand strategic collaboration to accelerate grid infrastructure and reinforce energy security
Zurich, Seoul, Apr 15, 2026 - (JCN Newswire via SeaPRwire.com) - Hitachi Energy, a global leader in electrification, and Samsung C&T Engineering & Construction Group, one of the world’s largest engineering and construction companies, signed a Memorandum of Understanding (MoU) to deepen their collaboration on high-voltage alternating current (HVAC) grid infrastructure worldwide. Building on a longstanding relationship, the companies are strengthening their collaboration to shape the evolving global energy landscape.Power grids are rapidly evolving as countries modernize infrastructure and integrate more clean energy to meet rising electrification demand from mobility, industry, and data centers. With variability increasing across the system, flexibility is now critical – placing AC solutions at the core of efficient transmission, distribution, and cross-border electricity flow.As part of this collaboration, Hitachi Energy and Samsung C&T will combine their complementary strengths to identify, assess, and pursue AC opportunities. Hitachi Energy brings world-leading expertise in grid technologies, advanced engineering and design, electrical systems, and integrated digital solutions, while Samsung C&T contributes its extensive engineering, procurement, and construction (EPC) delivery capability.“The global energy landscape is entering a defining decade for its energy future, and resilient AC grid infrastructure is foundational to making the transition work. This expanded collaboration with Samsung C&T brings together leading technology and execution capabilities to accelerate grid modernization, strengthen resilience, and enable the large-scale integration of renewables – supporting a more connected and energy-secure system,” said Niklas Persson, CEO of Grid Integration Business Unit, Hitachi Energy.“Our proven collaboration model in the UAE and Australia will become a powerful competitive advantage in the global power infrastructure markets. We will continue to lead complex crossborder transmission projects with integrated solutions that span both direct and alternating current technologies,” said Byung-soo Lee, Executive Vice President, Samsung C&T.The MoU establishes a strategic framework for the two companies to align on AC prospects, developing a shared go-to-market roadmap and an opportunity pipeline. The agreement builds on the companies’ established track record of successful collaboration across multiple global projects—particularly in the fast-growing HVDC market - as they work together to deliver innovative, efficient power infrastructure solutions.About Hitachi EnergyHitachi Energy is a global technology leader in electrification, powering a sustainable energy future with innovative power grid technologies with digital at the core. Over three billion people depend on our technologies to power their daily lives. With over a century in pioneering mission-critical technologies like high-voltage, transformers, automation, and power electronics, we are addressing the most urgent energy challenge of our time – balancing soaring electricity demand, while decarbonizing the power system. With an unparalleled installed base in over 140 countries, we cocreate and build long-term partnerships across the utility, industry, transportation, data centers, and infrastructure sectors. Headquartered in Switzerland, we employ over 50,000 people in 60 countries and generate revenues of around $16 billion USD.https://www.hitachienergy.comhttps://www.linkedin.com/company/hitachienergyhttps://x.com/HitachiEnergyAbout 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 Samsung C&T Engineering & Construction GroupSamsung C&T Engineering & Construction Group has 50 years of experience operating throughout the world. The group focuses on three key areas: commercial and residential buildings, civil infrastructure, and plant construction. Its landmark projects include the Burj Khalifa in the UAE, the Petronas Towers in Malaysia, the Riyadh Metro in Saudi Arabia, and the 5,600MW Barakah Nuclear Power Plant in the UAE. http://www.samsungcnt.com. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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LeoVegas Receives Sportsbook License in Sweden
(AsiaGameHub) - LeoVegas Group has reinforced its standing in the Swedish market after securing a sports betting licence for its owned brand, GoGoCasino. The new offering, approved by the Swedish gambling regulator Spelinspektionen, will be driven by Tiger, LeoVegas's proprietary sportsbook platform, marking its first launch in Sweden. LeoVegas obtained Tiger from German operator Tipico in 2024 in a transaction arranged by its parent company, MGM Resorts International. The deal occurred as Tipico discontinued its US operations, prompting the DACH market leader to divest its product and technology platform to LeoVegas. Before receiving the Swedish licence, Tiger had already been successfully deployed in other major European markets like Denmark and the Netherlands, with LeoVegas making substantial investments in the sportsbook under MGM's ownership. Another significant event for Tiger occurred earlier this year when it entered the Brazilian market with BetMGM, MGM Resorts' B2C sportsbook in South America, which runs on the LeoVegas platform. Brazil has become one of the globe's largest betting markets since its regulated regime began in January 2025. The industry is projected to be valued in the billions of dollars by 2030, driven by the country's passion for sports and sizable population. However, the situation in the South American nation is now tense, as governing party representatives have surprisingly reversed their position and are demanding a complete repeal of the 2025 law that established legal online betting—a move that will undoubtedly concern international operators like LeoVegas. Returning to Europe, the integration of Tiger into GoGoCasino is expected to substantially boost LeoVegas's market share in Sweden by appealing to both casino enthusiasts and sports bettors. The newly launched sportsbook platform will provide users with features including a bet builder, daily enhanced odds, partial cash-out, and in-play betting. This expansion follows a period of success for GoGoCasino in the Nordic region, where it first debuted in 2019 with its online and live casino services. Commenting on the news, Adrian Vella, Chief Product and Technology Officer at LeoVegas Group, stated: "Introducing our proprietary sportsbook, Tiger, in our home market of Sweden is a tremendous achievement for the entire Group, and my excitement is immense. "Our global teams have dedicated immense effort to our international expansion, and adding this to GoGoCasino will create new levels of engagement for players who love both casino games and sports betting." This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Mitsubishi Motors’ Outlander PHEV Ranks No. 1 in Japan’s PHEV Sales Category for the Second Consecutive Year
Outlander PHEVTOKYO, Apr 15, 2026 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that the plug-in hybrid electric vehicle (PHEV) model of the Outlander crossover SUV (Outlander PHEV), achieved No. 1 in domestic sales in Japan’s PHEV category in fiscal year 2025(1), with sales totaling 7,794 units, marking its second consecutive year at the top(2).Since 1964, Mitsubishi Motors has contributed to the advancement of electrification through research and development of electrified vehicles. In 2009, Mitsubishi Motors launched the i-MiEV, the world’s first mass-produced electric vehicle, followed by the introduction of the Outlander PHEV in 2013 as the world’s first plug-in hybrid electric SUV. The company further expanded its electrified vehicle lineup in 2020 with the addition of the Eclipse Cross PHEV, steadily advancing its electrification strategy.The Outlander PHEV has earned high acclaim in major markets including Japan, North America, Europe, and Australia, and has grown into a leading model in the electrified SUV segment. In March 2025, cumulative sales for the Outlander PHEV surpassed 100,000 units in the Japanese market. In Canada, the model ranked No. 1 in the PHEV category for three consecutive years, achieving a high market share across multiple key markets.Mitsubishi Motors has been promoting the deployment of electrified vehicles based on the view that battery electric vehicles (BEVs) are well suited for kei-cars(3) and compact cars typically used within a relatively limited range of daily activity, while PHEVs are optimal for SUVs and mid-size and larger vehicles used for broader driving needs. Going forward, Mitsubishi Motors will continue to pursue a pragmatic approach to electrification tailored to regional characteristics and usage environments by offering a diverse lineup of electrified vehicles centered on PHEVs, combined with BEVs and hybrid electric vehicles (HEVs).Outlander PHEV(4)As Mitsubishi Motors’ flagship model, the Outlander PHEV is designed to serve as an EV for daily use and a hybrid for longer trips. The electrified SUV delivers quiet, smooth yet powerful acceleration unique to electrified vehicles, along with safe and secure rides in various weather and road conditions.The current, second-generation Outlander PHEV was fully redesigned in 2021, bringing together the best of the brand's electrification and all-wheel control technologies. Developed under the product concept “I-Fu-Do-Do,” a Japanese expression meaning authentic and majestic, the model evolved significantly in both performance and presence.In October 2024, Mitsubishi Motors launched an updated model featuring a newly enhanced drive battery that extended EV range and improved acceleration performance. The update also enhanced the quality of interior and exterior design, expanded advanced features, and adopted an audio system developed in collaboration with Yamaha Corporation as standard equipment on all grades, further strengthening the vehicle’s overall product appeal.Fiscal 2025 is from April 2025 to March 2025.According to Japan Automobile Dealers Association (JADA) ratingsKei-car is a vehicle category in Japan for microcars. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com