Houston, TX, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - Epique Realty is proud to announce it has been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2026. This year's list shines a spotlight on businesses that are shaping industry and culture through their innovations.Epique Realty earned the standing of No. 10 in the Business Services category on the 2026 Most Innovative Companies list.Josh Miller, CEO and Co-Founder expressed his appreciation, "We are humbled to receive this prestigious honor from Fast Company and believe it further proves that a brokerage built on empowering agents with technological generosity can and is transforming this industry. It is a tribute to every agent who believed in our vision and for our teams that work diligently to build a smarter, faster, and more connected future for all of us.""True innovation isn't just about software; it is about how that software improves human lives," added Janice Delcid, CFO and Co-Founder. "The unprecedented efficiency of our tech ecosystem allows us to fund our model of radical generosity. By providing our agents with free healthcare, a 401K, and over 70 essential business services, we are using technology to create real financial security for independent professionals.""At our core, we are a profoundly human-centric company powered by cutting-edge tools," stated Christopher Miller, COO and Co-Founder. "Our expansion into all 50 states, Canada and Australia this past year was fueled by our technology, but it is our culture of inclusion, mentorship, and agent-led philanthropy that truly makes us an innovative force for good in the communities we serve."Over the past 18 months, Epique Realty implemented a multi-faceted innovation strategy that fundamentally reinvented the value proposition and business model for the real estate industry. With an innovative mission to empower agents to thrive, Epique achieved its goal with a revolutionary financial model, a proprietary AI and tech ecosystem, and a deeply human-centric cultural framework. The cornerstone of this transformation is Epique.ai, a proprietary ecosystem architected in-house by CEO Josh Miller that functions as a 24/7 virtual assistant for every agent. This platform allows agents to instantly generate marketing copy, virtually stage entire homes, and create multi-platform ad campaigns, automating tasks that can traditionally consume up to 80% of an agent's time and budget. To ensure mass adoption, Epique began scaling its industry-first AIPRO certification program, successfully training over 2,000 agents, and giving every solo professional the enterprise-level AI toolkit of a massive team.This AI-powered operational efficiency serves as the economic engine that makes Epique's disruptive business model possible. By automating functions that typically require massive overhead, the brokerage can reinvest those savings directly back into its agents through a model of profound generosity. Instead of functioning as a fee-collecting service provider, Epique believes agents deserve more and acts as an investment partner by providing a comprehensive suite of over 70 essential business services completely free of charge. In the last year, Epique scaled this offering to include industry-first stability nets for all agents, such as full healthcare coverage, childcare support, and a 401K program, saving agents hundreds of thousands of dollars in medical costs.The scalability and power of this integrated ecosystem enabled Epique to flawlessly expand from a Texas startup into an international brokerage operating in all 50 U.S. states, Canada, and Australia by 2025. This phenomenal growth Beyond geographical growth, Epique scaled a profoundly human-centric operating system, leveraging its lean, AI-driven operations to dedicate significant resources to agent-led philanthropic initiatives. Through programs like NEMO (National Emergency Management Organization) and Epique CARES, the company provides rapid disaster relief and community aid, proving that applied AI can be a powerful engine for creating not just profits, but profound, positive societal impact.The World's Most Innovative Companies is Fast Company's hallmark franchise and one of its most anticipated editorial efforts of the year. To determine honorees, Fast Company's editors and writers review companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world."Our list of the Most Innovative Companies is about spotlighting organizations that don't just adapt to change-they drive it," said Brendan Vaughan, editor-in-chief of Fast Company. "The companies we honor this year are redefining what leadership looks like in 2026, pairing bold ideas with measurable impact and turning breakthrough innovation into real-world value. They are setting the pace for their industries and offering a blueprint for what sustained innovation can achieve."The full list of Fast Company's Most Innovative Companies honorees can be found at https://www.fastcompany.com/most-innovative-companies. It will also be available on newsstands beginning March 31, 2026.Fast Company will host the Most Innovative Companies Summit and Gala for honorees on May 19 in New York City. The summit features a day of inspiring content, followed by a creative black-tie gala including networking, a seated dinner, and an honoree presentation.ABOUT FAST COMPANYFast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc. For more information, please visit fastcompany.com.About Epique RealtyAs the industry's first AI-certified brokerage, Epique Realty is one of the fastest-growing, agent-owned real estate brokerages. Shaping the future of real estate, Epique now operates in all fifty states with nearly 4,000 agents, and with Australia and Canada on-board, global expansion is underway. Its revolutionary agent-first model provides over 70 unheard of free phenomenal benefits with a proprietary AI platform (Epique.ai), and a culture of profound generosity. Epique is harnessing technology to build a more equitable, empowered, and successful future for real estate professionals. #BeEpiqueBarbara Simpson | PR and Communications281-773-7842 | Barbara@EpiqueRealty.comhttps://www.instagram.com/epiquerealty/https://www.facebook.com/epiquerealtyhttps://www.linkedin.com/company/epique-realty/mycompany/https://www.youtube.com/@epiquerealty#FCMostInnovative #FastCompany #BeEpique #EpiqueRealty #RealEstateInnovation #LetsChangeEverything #PropTech #AgentFirst #RealEstateTech #TheEpiqueEra #TheFutureIsEpiqueSOURCE: Epique Realty Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
CanSinoBIO: From Profit Turnaround to Value Realization as an Innovative Vaccine Leader
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - China's 2026 Report on the Work of the Government identified biopharmaceuticals as an emerging pillar industry, underscoring a supportive policy environment for innovative drugmakers. In this context, CanSino Biologics Inc. (688185.SH/06185.HK) has released its Annual Results For The Year 2025, marking a return to profitability and highlighting steady progress in its commercialization efforts.Return to Profitability Driven by Vaccine Portfolio GrowthAccording to its annual results, CanSinoBIO achieved total revenue of approximately RMB 1.068 billion, representing a year-on-year increase of 26.18%. Net profit attributable to shareholders reached RMB 27.9 million, marking a return to profitability.The turnaround reflects more than a cyclical rebound and suggests the company is building a more sustainable revenue base through the commercialization of routine vaccines. This has strengthened its ability to generate consistent cash flow.The improvement was driven primarily by organic growth in core operations rather than one-off factors. During the reporting period, the Company’s Group ACYW135 Meningococcal Polysaccharide Conjugate Vaccine (CRM197) (trade name: Menhycia(R)) maintained steady revenue growth, while its 13-valent Pneumococcal Conjugate Vaccine (trade name: iPneucia(R)) gained market traction following its launch. A more balanced revenue mix has improved earnings visibility.In addition, CanSinoBIO received multiple government grants and international R&D funding support during the year, reflecting recognition of its technological capabilities and innovative value.Core Products Set to Scale Up, Pipeline Supports Future GrowthBeyond near-term earnings, the company is supported by a diversified pipeline that provides both mid- and long-term growth drivers.As a core growth driver for CanSinoBIO, Menhycia(R), China’s first domestically developed quadrivalent meningococcal conjugate vaccine, continues to expand its market reach. In February 2026, the company announced that the supplemental application to expand the age range of applicable population of Menhycia(R) from “children aged from 3 months to 3 years old (47 months)” to “children aged from 3 months to 6 years old (83 months)” has been approved, further broadening its target population.Meanwhile, iPneucia(R)—China’s first 13-valent pneumococcal conjugate vaccine using a dual-carrier system (CRM197 and tetanus toxoid)—is expected to generate commercial synergies with Menhycia(R). Shared distribution and marketing channels could help lower marginal sales costs and improve overall efficiency.In addition, the company’s mid-term pipeline remains robust. It’s absorbed diphtheria, tetanus, and acellular pertussis (components) combined vaccine (the “DTcP”) for infants (below 2 years old) (the “DTcP Infant”)has been included in the priority review pathway, which will accelerate its approval timeline.To date, no component-based DTaP vaccine developed by domestic manufacturers has been approved for market launch in China. The infant DTcP vaccine is formulated with individually purified pertussis antigens in defined ratios to ensure consistent quality and stability. Its development also lays the groundwork for adolescent and adult component Tdap vaccines and combination vaccines, enhancing the Company’s product portfolio and core competitiveness.From near-term delivery to mid-term development and long-term innovation, CanSino Biologics’ value goes beyond its existing productsR&D Capabilities Support Long-Term CompetitivenessAs a leading innovative vaccine company, CanSinoBIO consistently adheres to a long-term strategy, ensuring the company remains at the forefront of technological exploration and laying a solid foundation for its sustained competitiveness.Its core talent team brings an average of more than 25 years of industry experience across global pharmaceutical and biotechnology companies, spanning research, manufacturing and commercialization. This has enabled the company to establish an integrated development system aligned with international standards and covering the full development cycle from early-stage research to commercialization.Over time, CanSinoBIO has also built five core technology platforms, including viral vector vaccines, synthetic vaccines, protein structure design and Virus-Like Particle (VLP) assembly, mRNA vaccines, and formulation and delivery technologies. These platforms support a diversified innovation system and provide a solid foundation for lifecycle vaccine development.The company continues to focus on differentiated innovation, including multivalent combination vaccines and novel delivery technologies, with the aim of developing globally competitive vaccine products.These technological capabilities have supported the launch of products like Menhycia(R) and iPneucia(R), reinforcing the company’s position in the vaccine sector.International Expansion Gains MomentumMeanwhile, amid intensifying competition in the domestic vaccine market, CanSinoBIO is accelerating its international expansion.Recently, the company announced that its manufacturing facility has passed the PIC/S GMP certification issued by Malaysia’s National Pharmaceutical Regulatory Agency (NPRA). PIC/S is an internationally recognized framework for pharmaceutical inspection and certification, comprising regulatory agencies from over 50 countries. This certification not only confirms that Menhycia(R) and iPneucia(R) meet international-quality standards but also enhances the company’s prospects for entering additional global markets.In fact, the Company’s international presence is well established, with Menhycia(R) obtaining Indonesian registration and Halal certification since 2024.The company has also entered into multiple strategic partnerships abroad, covering commercialization, joint R&D, clinical trials, and localized production. Through a “technology transfer + local manufacturing” approach, CanSinoBIO is expanding its presence beyond product exports toward broader technology-based collaboration.Growth Catalysts Point to Potential Re-RatingOverall, the latest results suggest CanSinoBIO is moving through an inflection point, supported by clearer commercialization pathways.Yet, its current market valuation may not fully reflect its investment potential. Looking ahead, potential growth drivers include the expanded indication for Menhycia(R), continued ramp-up in iPneucia(R) sales, the infant DTcP vaccine currently under priority review, as well as further international market expansion. At the same time, China’s policy support for biopharmaceuticals as a strategic sector could provide a favorable backdrop for valuation.As earnings continue to improve and market expectations adjust, the company may see both earnings growth and a re-rating in valuation multiples. Against the backdrop of China’s rising focus on biopharmaceutical innovation, CanSinoBIO’s long-term investment case is increasingly difficult to ignore. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Five Years Ago, a ‘Silly’ Sci-Fi Movie Secretly Rescued Hollywood
Warner Bros. Pictures(SeaPRwire) - It's hard to remember now, but five years ago, there were genuine fears about the survival of movie theaters following the COVID-19 pandemic. In 2020, cinemas were shut down for months, and when Christopher Nolan's *Tenet* became the first major blockbuster released during that time, it failed to succeed despite having no competition at all.This is why the March 31, 2021, release of *Godzilla vs. Kong* served as a crucial test for the future of cinema. As vaccines became available and chains like AMC and Regal reopened, there was a question of whether the large-scale audience turnout required for a Hollywood blockbuster could ever return.Respectfully to *Tenet* and *The New Mutants*, *GvK* was the first major event film with a real chance to earn significant revenue as vaccinations increased and prospects improved. The clash of two iconic titans within Warner Bros. and Legendary's MonsterVerse was destined to be the industry's indicator of recovery.Helmed by Adam Wingard, *Godzilla vs. Kong* continued the MonsterVerse story after 2019's polarizing *Godzilla: King of the Monsters*. The key change was that Kong and Godzilla were set for a direct confrontation. While not considered high art, after months of lockdowns, it was the ideal film to draw audiences back. Its premise was straightforward and required no prior knowledge, offering a large-scale popcorn film featuring two legendary monsters battling for entertainment.However, the film's success was not assured. The competition among streaming services intensified in 2021, with the industry aggressively pursuing a post-pandemic strategy. Warner Bros. notably angered top talent by deciding to release all its 2021 films in theaters and on HBO Max on the same day, which threatened the box office potential of a $160 million franchise cornerstone.King Kong, seen here reacting to COVID’s impact on the box office. | Warner Bros. PicturesFor perspective, the domestic box office generated a minimum of $11 billion from 2015 to 2019, having reached at least $10 billion each year since 2009. In 2020, that figure plummeted to $2.1 billion. The situation was dire, and streaming appeared to be the definitive future, especially with premium video-on-demand services offering new releases at home for a fee similar to a theater ticket.Reports also indicated that Netflix made a $250 million offer for *Godzilla vs. Kong* (according to Variety), a deal that might have occurred if Legendary had its way. But Warner Bros. stood its ground, and Wingard's epic was released in cinemas. Despite the challenging circumstances, *Godzilla vs. Kong* was an immediate hit, debuting with $123 million internationally—a record for that point in the pandemic. Even with the concurrent HBO Max release, *GvK* also became only the second film during the pandemic to gross $100 million domestically, after *A Quiet Place Part II*. These figures were undeniably strong.Personally, this film holds a unique significance for me. My friends and I booked a private theater screening to see Godzilla and Kong fight on the big screen, and I was moved to tears upon entering the Cinemark after a year of only sporadic drive-in visits. It was the perfect return to a beloved pastime, and my feelings were shared by many.Although, are you ever truly alone when you have these guys with you? | Warner Bros. Pictures*Godzilla vs. Kong* went on to earn $470 million globally, a clear and definitive success. It provided the first evidence that mass moviegoing could persist in the emerging "new normal." Furthermore, it expanded the MonsterVerse, setting the stage for *Godzilla x Kong: The New Empire* and Apple's *Monarch: Legacy of Monsters*. The franchise is now possibly more robust than ever.The box office today is still uncertain and has not returned to pre-pandemic levels. The media environment is constantly evolving, but when a film captures public interest, people will gladly go to the cinema. This has been demonstrated repeatedly over the past five years with films like *Barbie, Oppenheimer, Spider-Man: No Way Home,* and *Top Gun: Maverick*. The trend continues, and it was *GvK* that initially demonstrated this potential was still alive.Looking back, this massive, vibrant, and unapologetically extravagant monster spectacle is a surprisingly significant chapter in film history. To echo Millie Bobby Brown's character Madison Russell, "Godzilla saved us… how could you doubt him?"Godzilla Vs. Kong is available to rent on Prime Video and other services. 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.
Father’s legal challenge to halt euthanasia of 25-year-old daughter in Spain fails
(SeaPRwire) - This story addresses suicide. If you or someone you know is struggling with suicidal thoughts, reach out to the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255).Spain is coming to terms with the passing of a 25-year-old Barcelona woman who was euthanized after a string of tragic incidents, even as her father mounted several legal attempts to stop it.Noelia Castillo Ramos’ case drew global attention when her father, Gerónimo Castillo, launched a legal fight in 2023 against the approval granted by multiple Spanish courts for his daughter to undergo euthanasia. With support from Abogados Cristianos (Christian Lawyers), a conservative Catholic group, Mr. Castillo exhausted all possible appeals in the Spanish judicial system.The father contended that his daughter lacked full psychological capacity to decide on euthanasia and required improved medical and psychiatric treatment. His legal efforts were finally dismissed by the European Court of Human Rights in Strasbourg, France, on March 10.Castillo Ramos’ case is among recent euthanasia deaths across Europe, yet the Barcelona woman’s decision to end her life has sparked intense emotion and debate throughout Spain.Castillo Ramos’ parents divorced when she was 13, and she spent nearly four years in public care facilities after being diagnosed with borderline personality disorder (BPD) — a serious mental health condition that frequently leads to severe depression, suicidal thoughts, and a predisposition to addiction.In her own words, during an interview with Spanish TV channel Antena 3 before her death, she attempted suicide at least twice even while receiving intensive psychiatric care. In her first attempt, she took multiple pills and drank a poisonous automotive fluid, but her mother saved her by taking her to the hospital for a gastrointestinal cleansing treatment.Her situation deteriorated after she left home, and she was sexually assaulted multiple times around the age of 20. First, a former boyfriend sexually abused her after she took sleeping pills. Not long after, two men tried to rape her at a nightclub, leaving her deeply traumatized; according to reports, this led her to enter a care home as her mental health symptoms worsened.While there, she was gang-raped by three men. As her mental health declined further, she tried to take her own life by jumping from the fifth floor of a building.Initial reports and social media posts claimed the three men who gang-raped her were immigrant minors in state care, but Barcelona-based newspaper El Periódico has debunked this claim.Many Spaniards have reacted with anger to the court’s approval of her euthanasia, accusing Prime Minister Pedro Sánchez’s leftist government of failing to provide the young woman with sufficient medical care, allowing mass migration into the country, lacking proper policing, and ultimately using euthanasia as a solution to her case.Following her TV interview in Spain, several anonymous donors and public figures — including pianist James Rhodes — offered to cover her treatment costs and provide material support to her and her family if she chose not to go through with the euthanasia procedure.The Catalan High Court of Justice confirmed to Digital that all legal and medical criteria, including a positive recommendation from the Catalan Commission of Guarantee and Evaluation (CGEC), had been satisfied, and there were no barriers to the young woman receiving the euthanasia she had requested.Noelia passed away at 6 p.m. local time on Thursday at Hospital Sant Pere de Ribes in Barcelona. She is the youngest individual to have been euthanized in Spain under the country’s assisted dying law, enacted in 2021. 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.
Odds, Predictions, and Picks for the March Madness Final Four: Best Side, Total, and Player Prop Bets
(AsiaGameHub) - The March Madness Final Four field is set following UConn’s remarkable comeback victory against Duke on Sunday. Saturday’s schedule features No. 3 Illinois vs. No. 2 UConn (6:09 ET, TBS) and No. 1 Michigan vs. No. 1 Arizona (8:49 ET, TBS). Take a moment to revisit yesterday’s spectacular buzzer-beater by Braylon Mullins: BRAYLON MULLINS. THE SHOT. https://t.co/0V6OnPolR2 pic.twitter.com/5B83KGMdVT— UConn Men's Basketball (@UConnMBB) March 29, 2026 Let’s review the Final Four betting lines before diving into our analysis and selections. Final Four Odds at DraftKings Sportsbook As of this writing, DraftKings lists Illinois as a 2.5-point favorite over UConn with an over/under of 139.5, while Michigan is favored by 1.5 points against Arizona with a total set at 157.5. Here are the current championship futures for the remaining programs: Michigan +175 Arizona +175 Illinois +400 UConn +550 Best Bet Illinois vs. UConn: Against the Spread UConn erased a 19-point deficit to defeat Duke in the Elite Eight. The Huskies (33-5) are spearheaded by center Tarris Reed Jr. (14.7 ppg, 8.8 rpg) and forward Alex Karaban (13.2 ppg, 5.2 rpg). While Duke held Karaban to just five points yesterday, Reed stepped up with a team-high 26 points. The Huskies may see those roles flip against Illinois, whose interior defense restricted Iowa to only seven two-point baskets. Illinois is led offensively by freshman standout Keaton Wagler, who tallied 25 points in the Illini’s 71-59 victory over Iowa. Additionally, David Mirkovic has been a dominant force on the boards for the Illini throughout the NCAA Tournament. Here is a look at his rebounding totals across all four games: Penn (17) VCU (5) Houston (10) Iowa (12) Mirkovic is averaging 11 rebounds per game during the tournament. UConn averages 18 fouls per contest, ranking 225th in the country. Given that trend and the stifling nature of the Illini’s interior defense, we favor the favorite to win and cover in the opening semifinal. Pick: Illinois -2.5 (-102 at DraftKings) Best Bet Michigan vs. Arizona: UNDER 157.5 Michigan has eclipsed 90 points in every tournament game thus far. Arizona has been slightly less explosive, though they did put up 109 points against Arkansas in the Sweet 16. Why might this matchup stay under the total? Arizona played a lower-scoring game in the Elite Eight, defeating Purdue 79-64. It is worth noting that Purdue defeated Michigan in the Big Ten title game prior to the NCAA Tournament. While the Wildcats do most of their damage in the paint, Michigan offers a significant defensive hurdle with 7-foot-3 center Aday Mara anchoring the rim. KenPom currently ranks the Wolverines No. 1 in adjusted defensive efficiency, and Arizona limits opponents to 39% shooting from the floor. We recommend taking the UNDER on this high total. Pick: UNDER 157.5 (-110) Best Player Props for Final Four UConn’s Alex Karaban OVER 11.5 Points (-122 at FanDuel) Although Duke contained Karaban, he recorded 22, 27, and 17 points in his previous three tournament appearances. Illinois’ defensive strength is inside, but Karaban is a perimeter threat. Iowa managed to shoot 37% from deep, hitting 11 three-pointers against the Illini. Karaban, who leads the Huskies with 73 made three-pointers this season, shoots 38.6% from beyond the arc. This matchup presents an ideal opportunity for the senior forward to bounce back. Michigan’s Yaxel Lendeborg OVER 16.5 Points (-114 at FanDuel) Yaxel Lendeborg is putting together a performance worthy of Most Outstanding Player honors. His last three outings have been remarkably efficient: 27 points, seven rebounds vs. Tennessee 23 points, 12 rebounds vs. Alabama 25 points, 6 rebounds vs. St. Louis You might also consider betting him to go OVER 2.5 three-pointers at +200 odds, as he has hit three, four, and three shots from deep in those respective games. 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.
Alltronics Announces 2025 Annual Results
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - 30 March 2026, Alltronics Holdings Limited (“Alltronics” or the “Group”) (SEHK: 833), a leading manufacturer of electronic products, today announced its annual results for the year ended 31 December 2025 (“the year 2025” or “review year”).During the year 2025, the Group recorded total turnover of HK$1,141.2 million (2024: HK$1,066.9 million), representing an increase of 7.0%. The total gross profit for the year increased by 14.0% to HK$240.8 million and the overall gross profit margin improved to 21.1% (2024: 19.8%). Profit for the year attributable to owners of the Company was HK$47.2 million (2024: HK$63.1 million). The decrease in net profit was primarily due to higher impairment losses and a fair value loss on financial assets at FVTPL. If adjusted for impairment losses, profit for the year was up 14.5% to HK$87.8 million.The Board has proposed the payment of a final dividend of HK3.0 cents per share (2024: HK3.0 cents). Together with the interim dividend of HK3.0 cents per share, the total dividends for the year 2025 will be HK6.0 cents per share, representing a payout ratio of 60.2%.The Group maintains a healthy financial position, with total cash and cash equivalents amounting to HK$445.3 million at 31 December 2025.Sales of electronic products remained the Group's main source of income. The increase in turnover was mainly attributable to higher sales of finished electronic products, particularly irrigation controller products to a major customer, which increased by approximately HK$90.8 million to HK$546.6 million. In terms of geographical markets, customers in the United States continued to be the major market, accounting for approximately 74.1% of total revenue for the year (2024: 72.8%).In response to the evolving global trade landscape and growing customer demand for production capacity outside the PRC, the Group completed the acquisitions of two subsidiaries with manufacturing facilities in Malaysia and Vietnam during the year. These acquisitions are expected to enhance the Group’s competitive position in the electronics industry and strengthen its presence in Southeast Asia, while creating additional business opportunities and providing greater flexibility to customers.Looking ahead, the Group expects the operating environment to remain challenging amid ongoing trade disputes, geopolitical tensions and currency volatility. Leveraging its expanded manufacturing footprint across Malaysia, Vietnam and the PRC, the Group is well-positioned to capture new business opportunities, broaden its revenue base and to sustain its growth momentum. The Group will continue to focus on its core electronic products segment, pursue new products and project opportunities with existing and potential customers, and strive to maximize returns for shareholders.About Alltronics Holdings Limited (Stock code: 833)Alltronics Holdings Limited is mainly engaged in the design and manufacture of a wide range of electronic products with quality and style. The Company is a constituent stock of the Morgan Stanley Capital International (“MSCI”) Hong Kong Micro Cap Index. For more information, please visit the company website http://www.alltronics.com.hk/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Tianneng Power’s 2025 Financial Report: Key Operating Metrics Grow, Operating Cash Flow Increases by RMB 4.642 Billion Year-on-Year
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - March 27, Tianneng Power (00819.HK) officially disclosed its full-year 2025 financial results, demonstrating a year of stable business operations and growth in key operating metrics. During the year, Tianneng Power recorded an operating income of approximately RMB 53.799 billion, with gross profit of RMB 5.280 billion, representing a year-on-year increase of 7.48%. Notably, the manufacturing business contributed approximately RMB 47.918 billion, representing a year-on-year increase of 10.01%. Net profit attributable to the parent of approximately RMB1.437 billion, representing a year-on-year increase of 25.77%. And net cash generated from operating activities of approximately RMB 5.191 billion, representing an increase of RMB 4.642 billion compared to the same period last year. (Basic earnings per share were approximately RMB 1.28. The Company proposes to declare a cash dividend of HK 36 cents per ordinary share (the “Share(s)”) held by Shareholders of Tianneng Power. The proposal shall be subject to consideration and approval by Shareholders at the annual general meeting to be held on 8 June 2026.)In 2025, the global industrial landscape has continued to evolve, with technological transformation, energy transition and shifts to globalization pathways advancing in tandem. During the year, Tianneng Power steadfastly adhered to the vision of “Promoting Resource Recycling and Sustainable Development to Build an Efficient Energy System.” Through practical efforts, the Company maintaining close relationships with its customers and responding to market needs, while continuously refining its products and capability. This has gradually strengthened our operational resilience and enabled us to respond calmly to challenges posed by global economic pressures and intensifying industry competition.As an industry leader, while solidifying its domestic foundation, Tianneng Power has steadily advanced its international development strategy. The Group has established a business system centered on lead-acid batteries and the coordinated development of multiple technological routes, focusing on the needs of power and energy applications. The Group is committed to offering customers diversified battery products and energy solutions, encompassing research and development (R&D), manufacturing, sales, collection, recycling and related services. The Group focuses on lead-acid battery products, widely used in motive power applications for light electric vehicles and also extend to multiple segments, including backup power supply, automotive batteries and special-purpose industrial motive batteries. The Group has built a stable product base and customer base across these applications. With the transformation of the industry, the Group is advancing R&D and product development in areas including solid-state batteries, sodium-ion batteries, and hydrogen fuel cells. Moreover, Tianneng Power actively expanding recycling and regeneration operations for used lead-acid batteries and used Li-ion batteries, promoting synergistic across the battery recycling value chain.The Company’s core business is primarily divided into three segments: High-end eco-friendly Batteries, New Energy Batteries, and the Circular Economy.The High-End Eco-Battery Business serves as the Group’s cornerstone for stable operations, consistently playing a crucial “ballast” role amidst a complex and changing market environment. During the reporting period, the High-End Eco-Battery Business achieved operating revenue of approximately RMB 39.766 billion.Facing industry adjustments brought about by policy implementations such as the New National Standard, Tianneng Power fully leveraged its product matrix advantages, which cover diverse scenarios, and its mature distribution network comprising over 3,000 distributors covering more than 400,000 retail outlets, thereby maintaining stable overall sales volume. Tianneng Power has leveraged digital tools to empower terminal operations, becoming the first in the industry to establish an integrated online and offline user service platform that connects service scenarios such as maintenance, repair, inspection and evaluation. This helps optimize value distribution across the value chain and enhance channel efficiency and market competitiveness.While solidifying its leadership in the light electric vehicle market, the Group actively expands into emerging application areas such as backup power, automotive batteries, and special industrial power batteries. It deepens customer collaboration and accelerates internationalization strategy. The Group has leveraged the capacity release of its assembly and production bases in Vietnam as an important foothold to advance localized operations in target markets, including Southeast Asia, Europe and Africa. Through a model combining product adaptation, this combination of product adaptation, channel development, and service exports opens up broader growth space.Simultaneously, the new energy battery business serves as an important driver of the Group’s growth across diversified technologies and application areas, supporting medium-term expansion while building long-term technology reserves. The Li-ion battery business, covering energy storage and motive power applications, has developed around advanced technologies, diverse application scenarios, and ecosystem synergies, with both business scale and operating performance improving. During the Reporting Period, the Group’s Li-ion battery business recorded operating income of approximately RMB1.541 billion, with its operational quality and efficiency improving significantly compared with the previous year. the Group’s self-developed containerized and cabinet-type ESS products have obtained national standards and overseas export certifications. The energy storage energy management system (“EMS”) has obtained authoritative certifications, including compliance with national standards (e.g., GB/T 42726), CNAS and CMA certifications. It was also honoured with the “Outstanding New Energy Storage Product Award” for large-scale storage EMS by Hangjia Net. Furthermore, the solid-state battery business has steadily advanced in product development and commercialization focusing on specific applications. Products for applications like electric motorcycles, low-altitude aircraft, and robotics have completed sample introduction, and the Group has commenced cooperation with certain downstream customers. The sodium-ion battery business has achieved breakthroughs in product R&D, receiving multiple industry awards including the GGII Sodium Battery Golden Globe Awards (é«˜å·¥é’ ç”µé‡‘ç'ƒå¥–) for “Annual Market Development Award” and “Sodium Battery Application evelopment Pioneer”, Verification work has commenced in automotive starting and start-stop applications, light motive power, and energy storage applications. The hydrogen fuel cell business, guided by a multi-scenario product strategy, has delivered orders across diverse applications, including buses, heavy-duty trucks, two-wheelers, and power stations. The parallel advancement of multiple technology pathways and progress in market-oriented breakthroughs have injected fresh momentum into the Group’s long-term development.Alongside battery manufacturing, Tianneng Power regards the circular economy system as a key component for building long-term competitive advantage, continuously promoting synergy and operational efficiency improvements within the circular industry. During the reporting period, the Circular Economy Business achieved external operating revenue of approximately RMB 5.550 billion. Currently, the Group has constructed a mature and standardized recycling and treatment, as well as an efficient, intensive and coordinated circular economy industrial chain. Leveraging the synergies advantages of its full industry chain and a mature cost control system to achieve overall stable operational growth, with annual processing capacity of exceeding one million tonnes., its recycling network was further consolidated, with both processing scale and profitability improving. The Li-ion battery resource recycling business continued to refine its end-to-end technical system, achieving industry-leading recovery rates for critical metals. It currently possesses an annual processing capacity of 73,000 tonnes for waste Li-ion batteries treatment, with stable batch delivery capabilities. The products comply with prevailing industry standards and have passed the supplier qualification systems of multiple key clients, while steadily gaining market recognition. the Group successfully completed its first overseas import of recycled black mass feedstock, further diversifying its raw material sourcing structure and continuously strengthening the stability of its recycling and supply systems. Leveraging scalable processing capabilities and industrial chain synergies, Tianneng has successfully established a national-level circular economy standardization demonstration project and continues to strengthen the strategic supporting role of its circular business in the overall business structure, forming a green industrial loop from battery manufacturing to resource recovery.Driving Industrial Progress through Technology, Entering a New Stage of High-Quality DevelopmentLooking ahead, Tianneng Power will steadfastly implement a development philosophy centered on strategic guidance, systematically constructing a four-dimensional development system driven by technological innovation, intelligent manufacturing, circular ecosystems, and global market synergy. On the technology front, it will continue advancing multiple technical routes—lead-aid, lithium-ion, solid-state, sodium-ion and hydrogen fuel cell technologies—simultaneously, strengthening independent innovation capabilities from materials to applications. This includes consolidating the market leadership of lead-acid batteries, accelerating lithium battery cost reduction, efficiency improvement, and model innovation, steadily advancing the commercial exploration of solid-state batteries, achieving breakthroughs in key sodium-ion battery technology verification, and refining the multi-scenario application layout for hydrogen fuel cells. Concurrently, the Group will comprehensively advance the construction of smart factories by integrating cutting-edge technologies such as 5G, IoT and AI to enhance operational resilience and energy utilization levels through smart factory construction, injecting strong environmentally friendly green manufacturing system into high-quality development.While deeply cultivating products and technologies, the Company will continue to strengthen its circular economy system, driving value chain integration and sustainable development. It will leverage the industrial chain synergy advantages of its high-end eco-battery recycling operations while enhancing recycling channels and production processes, and expanding high-value product portfolios to enhance anti-cyclical capabilities. In the Li-ion battery recycling segment, will accelerate channel expansion, technological iteration, and overseas resource deployment, deepen strategic cooperation with industry leaders. By continuously improving resource security capabilities and the level of value mining throughout the lifecycle, The Group is committed to developing into a global green energy solutions leader with an international vision and overall competitiveness.About Tianneng Power International LimitedTianneng Power International Limited (the “Company”) and its subsidiaries (collectively, the “Group” or “Tianneng”) were founded in 1986 and listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) in 2007 (stock code: 00819.HK). The Company is headquartered in the People’s Republic of China (the “PRC”). Catering to power and energy application needs, the Group has built a business system anchored by lead-acid batteries and characterized by the coordinated development of multiple technology routes. It is committed to providing customers with diversified battery products and energy solutions, encompassing R&D, manufacturing, sales, recycling, regeneration, and related services. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Iran’s Internet Blackout Masks Strike Damage and Suppresses Dissent, Israeli Officials Say
(SeaPRwire) - Israeli officials caution that Iran’s ongoing internet blackout is shaping the battlefield in ways extending far beyond cyberspace—limiting visibility into the impact of U.S. and Israeli strikes while tightening the regime’s hold on its population.Multiple Israeli sources told that the blackout not only restricts information from leaving Iran but also prevents citizens from organizing internally as pressure on the regime mounts. Israeli officials say civilians’ attempts to access the internet via satellite services like Starlink have been disrupted by jamming, and hundreds of individuals suspected of using such terminals have been detained.“This is a blackout of truth,” a senior Israeli intelligence official told . “The regime is hiding reality from its own people. They don’t want Iranians to see how severely they’re being hit.” According to the official, the information vacuum inside Iran is being filled by state-controlled narratives. “Iranians only know what they see on Islamic regime-controlled TV channels, which falsely depict the U.S. and Israel being destroyed,” the Israeli official said.But the impact goes beyond perception—it also affects on-the-ground behavior. “It’s not just about what people see; it’s about what they can do,” the official said. “Cutting the internet stops people from communicating, sharing what’s really happening, and organizing.” The restrictions come as the Iranian regime faces both external military pressure and lingering internal unrest following a brutal crackdown earlier in 2026. In January, security forces opened fire on nationwide protests, with reports suggesting over 30,000 people were killed in days. Against this backdrop, Israeli officials say the blackout reflects the regime’s fear of renewed unrest. “The Iranian people are one of the regime’s greatest fears,” the official said. “That’s why this blackout was such a priority.”According to Israeli officials, the result is a war unfolding largely out of public view. “This is one of the least visible wars in modern history because very little footage is emerging,” the official said. “When the blackout is lifted, the full extent of damage to the regime will become clear. Right now, we’re only seeing a small glimpse of how badly they’re being decimated.” Israeli sources also link the blackout directly to high-value military targets. The official claims the U.S. and Israel “have taken out 25 senior commanders from the MOIS”—Iran’s Ministry of Intelligence. “Most were eliminated in the opening strike while gathered for a meeting,” the official said, adding those targeted were involved in managing the blackout.The official identified Esmail Khatib as among those killed, describing him as “the Intelligence Minister who signed off on the blackout.”A senior U.S. administration official told Digital: “President Trump wants a better life for the Iranian people—including unimpeded access to information. Unfortunately, the terrorist Iranian regime has a long, brutal history of oppressing its own people, but Operation Epic Fury continues to meet or surpass all benchmarks, and the region will be safer and more stable once these actions are complete.”U.S. analysts say the information domain is becoming a central front in the conflict. John Spencer, executive director of the Urban Warfare Institute, wrote on X: “Iran has repeatedly shut down internet access to control its population. That capability can be reversed.”Spencer argued external actors could shift the balance by targeting regime communications while enabling civilian connectivity. “Disrupt regime command networks while enabling population connectivity via external systems. Information becomes a weapon,” he wrote. “Control of narrative, coordination, and awareness shifts away from the regime.”He also pointed to underlying instability in Iran, noting the country’s population is “over 85 million, young, urban, and repeatedly discontent,” with protests indicating significant opposition to the regime. “Until now, civilians have largely been told to shelter,” Spencer wrote. “That could change.” Digital reached out to the Iranian mission to the United Nations, which responded: “no comment.” 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.
The Star secures key $550m refinancing agreement as it seeks a turnaround
(AsiaGameHub) - The Star Entertainment Group has finalized a binding commitment for approximately AU$550 million (£285 million) in refinancing as it pursues a business turnaround. The Australian casino operator has entered into a binding commitment letter with funds managed by WhiteHawk Capital Partners to restructure its existing debt and enhance short-term liquidity. This agreement, signed on Friday, follows the company's H1 FY26 results released recently and is designed to stabilize its financial standing while supporting ongoing operations. The proposed refinancing involves a three-year facility totaling around $550 million, intended to fully repay existing group debt and provide additional liquidity. A minimum liquidity level of $50 million is stipulated for the initial 12 months post-financial close, increasing to $75 million between 12 and 18 months, and $100 million thereafter. Additional covenants include a minimum asset coverage ratio from December 2026 and a minimum EBITDA threshold from March 2027, along with standard reporting requirements and default clauses. An interest reserve account covering the first 12 months of interest payments will also be established as part of the financing structure. The completion of the refinancing is contingent upon several conditions, including regulatory approvals and the finalization of detailed financing documentation. A crucial condition is the successful disposal of The Star's stake in the Destination Brisbane Consortium (DBC), which is a component of the broader restructuring plan. The Star aims to finalize the refinancing by May 15, 2026, in line with conditions set by its existing senior lenders in February for a waiver. The Star seeking a path to recovery This refinancing marks a significant step for The Star as it works to alleviate immediate financial pressures and ensure sufficient liquidity for continued operations. Despite reporting a loss of approximately $75 million for the year in its FY25 results, the business remains optimistic about its future prospects. Bruce Mathieson Jnr, who took over as Chief Executive Officer in December, has outlined plans to reassess the operator's resourcing structure and strategy, and has indicated that the corporate office is undergoing streamlining. Results from February revealed that the latter half of 2025, during which Bally’s Corporation acquired a majority 56.7% stake, generated net revenue of $585 million, a 10% decrease year-on-year. By securing additional funding and restructuring its debt, The Star is aiming to establish a more stable financial foundation as it proceeds with asset sales and operational adjustments. While the refinancing offers immediate support, its successful conclusion depends on meeting regulatory and transactional milestones in the coming weeks. The company has also faced challenges on the Australian Securities Exchange (ASX) this year, with its shares declining by nearly 30% in 2026 to $0.12. Regulatory scrutiny in Australia is also contributing to the current difficulties faced by The Star, adding to the pressures on the business. However, securing this funding could signal the beginning of a turnaround for the 15-year-old company, which has established itself as a significant player in the Australian market. 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.
Ukrainian Gaming Regulator Cancels Patriot Lottery Operator’s Licence
(AsiaGameHub) - The Ukrainian gaming regulator has revoked the operating licence of the betting firm Patriot’s lottery. The regulator, PlayCity, stated it took action after receiving information about Patriot’s operator from the Ukrainian State Bureau of Investigation. On its Telegram channel, PlayCity wrote: “When issuing licenses to lottery operators and gambling organizers, we always involve law enforcement agencies.” Following a “comprehensive check” of the company and its connections, the bureau and the regulator agreed that Patriot was “non-compliant with legislative requirements.” The decision deals a significant blow to Patriot, which obtained its operating permit only in late January this year. PlayCity initially granted lottery operating permits to just three firms: the aforementioned Patriot, MSL, and the Ukrainian National Lottery. Earlier this month, the Ministry of Digital Transformation confirmed that all three lottery operators had successfully paid the government the mandatory 24.2 million hryvnia ($554,000) licensing fee, as reported by the Ukrainian media outlet Interfax-Ukraine. A Ukrainian scratch card issued by the gambling operator Patriot. (Image: @naFARTnya/YouTube/Screenshot) Ukrainian Regulator: Lottery Operator Failed Compliance Check “The modern Ukrainian lottery market prioritizes security for the state and citizens, as well as the transparency and accountability of businesses,” PlayCity wrote. “We will continue to establish honest and understandable operational rules, under which only trustworthy operators will conduct business.” The regulator provided no further explanation for its decision, though Patriot retains the right to challenge it in court. Patriot began offering gambling products in the Ukrainian market in 1997. According to the Ukrainian media outlet Liga, the company is owned by the British firm Andalidi Invest. Liga reported that its “ultimate owner and beneficiary” is Andriy Matyukha. The outlet noted that between 2015 and 2018, the National Security and Defense Council imposed sanctions on Patriot. Lawmaker’s Accusations Lawmaker Danylo Hetmantsev, a member of the Verkhovna Rada’s tax committee, has repeatedly claimed that Matyukha holds Russian citizenship. Matyukha has denied these claims. In a post on his Facebook page last year, Hetmantsev referred to Matyukha as “a swindler with a Russian passport.” The Ukrainian gambling sector has drawn attention in recent months, with some lawmakers calling for a ban on online casino use by members of the armed forces. This month, Ukrainian casino industry officials dismissed claims from critics that gambling is rampant in the country’s military. Gambling industry officials stated that military personnel “gamble no more than the average Ukrainian.” They noted that gambling addiction is not widespread in the military, “nor is it unique to any group, including military personnel.” Late last year, PlayCity announced it had blocked residents’ access to over 2,500 illegal online casinos. 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.
Ex-Gambling Addict Shares Experience of Losing Control and Path to Recovery
(AsiaGameHub) - In the past week, new lawsuits have targeted US betting firms, accusing them of promoting problematic gambling habits. In the UK, Bet365 faced criticism for not stepping in to prevent the death of a 19-year-old gambler. This has sparked debate over the responsibility of operators when gamblers lose control. We spoke with a recovered gambling addict to learn about his journey to overcoming the issue and his perspective on who bears blame. A UK inquest determined that Arthur Soames died by suicide, with his mental health struggles worsened by gambling. The coroner stated that on the day of his death, Soames had “drained all available funds and credit.” “That’s exactly how I felt,” remembers another UK resident who acknowledges battling a gambling addiction. He chose to stay anonymous, having never disclosed the full extent of his struggles to friends or family. “I took out bank loans, maxed out my overdraft, and had nothing left. I recall placing accumulators—parlays for those in the US—that could have recouped some losses. One looked set to win, but a team from a country I’d never heard of scored in the final minute, making me lose. I collapsed on the floor, screaming.” We asked the anonymous gambler about his recovery in an interview this week. “I searched online for ways to get out of debt and found something called Debt Management Plans. I contacted StepChange, and they were incredible. They reached out to my banks, froze interest on my loans, and I set up a repayment plan.” StepChange is a free UK service that assists people in managing debt. With a manageable payment plan, his finances stabilized, though the urge to gamble remained strong. “I still thought maybe I could win it all back. I’d been up before—had around £10,000 ($13,000) in my bank at one point. But then I lost it all and kept losing, trying to recover what I’d spent. “I lost that £10,000 and another £10,000. The biggest issue was chasing losses. I’d gamble on sports; if I lost, I’d switch to online casino games like blackjack or roulette, hoping to win back what I’d lost. Then I’d lose there too and keep gambling more to recover.” He remembers a day when he lost over £7,000 in a single session. “I used to have a strategy: I’d draw a line of how much I wanted to win. If I aimed for £100, I’d list five £20 increments. I’d place a bet combining two numbers—if I won, I’d cross off two; if I lost, I’d add one. In theory, I could profit by winning fewer times than losing. With a 50-50 bet like red or black on roulette, I thought it was a solid strategy. It worked—that’s how I won £10,000. But then it failed, and I lost 12 spins in a row.” The gambler’s fallacy suggests that if the roulette wheel lands on red, black becomes more likely next. Some roulette strategies advise increasing stakes, doubling down. Such traps can lead players to lose large sums. A different approach might be that of AC Milan manager Max Allegri, who gave large tips to dealers to influence wheel spins toward winning bets. “I kept betting on red, but it kept landing on black. The numbers on my line grew, and soon my bank account was empty. I think I lost over £2,000 on one spin—more than I earned in a month.” How did he stop? “After enrolling in the debt management plan, my mindset shifted. I finally realized I’d never get back that £10,000 I’d won. I gave up.” “I also left the UK. That helped—no more gambling shops around, no gambling ads in sight.” Are Gambling Companies to Blame? Calls to ban gambling advertising in the UK have grown louder. Starting next season, the Premier League will no longer feature betting companies on the front of team shirts, though anti-gambling groups urge the government to take more action and restrict all promotions. “Substantial evidence shows gambling harms many who engage with it and those around them, with advertising key to both starting and increasing gambling,” says the Coalition to End Gambling Advertising (CEGA). “There’s also evidence that gambling ads threaten recovery for those who’ve stopped.” The gambler we spoke to said changing his environment was crucial to quitting. He moved to a country with few betting options and made new friends who didn’t discuss gambling. Is banning gambling ads the solution? “I’m not sure ads need to be banned. Most people can bet without issues, but I lose control. It’s the same with other vices—alcohol, drugs, smoking, you name it.” Do you blame gambling companies? “No. I was the one who lost the money. I placed the bets. I don’t believe the companies went out of their way to encourage me. I think the key is for people to be informed. Understand your chances of winning. Consider how much you can afford to lose and never try to recoup losses. Money will return over time. It took me around four years to repay all I’d lost. At first, it seemed like it would never end, but I settled all debts about eight years ago.” Last week, we spoke to Robert Walker, author of a new book on DraftKings and the backlash the company faces over claims it promotes problematic gambling. Walker similarly emphasized that gamblers should take responsibility and understand why operators offer incentives like free bets to encourage gambling. Empathy Is Everything Are you still tempted to gamble? “Not really. I might bet on football (soccer) sometimes, but I know I won’t make money. Since paying off my debt, I’ve barely placed any bets.” Did you seek other help? “No. I never told anyone. Shame held me back. People say you shouldn’t fear asking for help, but I preferred keeping it to myself. I knew friends or family would be shocked and judge me. I didn’t want to be labeled a gambling addict—it feels like a failure, like weakness.” Noah Vineberg, another recovering gambling addict, says, “Empathy is everything.” He added, “Recovery is the greatest gift you’ll ever give yourself.” If you’re struggling with gambling and want to share your story, contact adam@casinobeats.com. Resources are available to help in the UK and the US. 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.
Casino and Prediction Market Lobbying Surges as Legal Conflict Escalates
(AsiaGameHub) - Commercial and tribal casinos are actively engaging lobbyists to represent their interests, engaging in a competitive effort against prediction markets as the debate over the legality of sports event contracts intensifies. Kalshi CEO Tarek Mansour has alleged that casino lobbyists are behind recent legislative efforts aimed at prohibiting prediction markets. Casino lobby hard at work.There is a reason tens of millions of people use regulated prediction markets: it’s a better product.Banning just pushes this offshore, where no regulation exists.This bill isn’t about protecting consumers; it’s about protecting monopolies. https://t.co/otzm0U4Te8— Tarek Mansour (@mansourtarek_) March 23, 2026 Senator Adam Schiff was a co-sponsor of the Prediction Markets are Gambling Act introduced last week. Tribal casino groups are among the significant contributors to Schiff’s campaigns. The Federated Indians of Graton Rancheria in the Bay Area and the Agua Caliente Band of Cahuilla Indians each donated $100,000 to a pro-Schiff PAC. These tribal groups have vigorously worked to maintain their exclusive control over gambling operations in California. The two tribes collectively contributed over $40 million to a campaign that opposed Proposition 26, a measure that would have legalized sports betting in the state. Kalshi has previously run advertisements with the slogan, “Sports betting in California is now legal.” Consequently, it is unsurprising that politicians supported by tribal interests are intensifying their efforts to impede the company. Schiff is also a co-sponsor of legislation designed to prevent government officials from profiting from event contracts by using insider information. Kalshi Responds With Increased Funding On the opposing side, Mansour and Kalshi are escalating their efforts to advocate for the legality of sports prediction markets. The company allocated over $1 million to lobbying initiatives last year. Only two gambling organizations, the American Gaming Association (AGA) and the Gila River Indian Community, invested more in lobbying. The AGA comprises numerous tribal groups, and several of its members have strongly opposed sports event contracts. This has created internal discord within the organization, leading to the departure of FanDuel and DraftKings as they introduce their own prediction market platforms. Kalshi’s largest expenditure last year was $430,000 to Miller Strategies LLC for “issues regarding rule proposal before the CFTC.” This firm collaborates closely with Donald Trump Jr., who serves as an advisor to both Kalshi and Polymarket. Furthermore, several officials appointed by Trump have a vested interest in maintaining the legal standing of sports prediction markets. According to ProPublica, three of these officials hold assets in Kalshi, 46 have connections to Robinhood, and 138 are linked to Coinbase. Trump Media has also entered into a partnership with Crypto.com, a deal that will integrate the platform’s markets into Truth Social. Financial Influence Drives Stance Changes Kalshi also provided $180,000 to the Lincoln Policy Group last year. This financial support contributed to a shift in the stance of its founder, former Sen. Blanche Lincoln, regarding sports event contracts. Previously, she had stated that sports contracts “would not serve any real commercial purpose. Rather, they would be used solely for gambling.” She is now registered as a lobbyist for Kalshi. In July of the previous year, she sent a letter to the CFTC, urging the organization not to impose restrictions on sports markets. The establishment of the Coalition for Prediction Markets is expected to result in intensified lobbying efforts. According to experts, its members, including Kalshi, Coinbase, and Robinhood, are positioned to rival the casino lobby groups. “We believe these groups have the balance sheets to sustain prolonged political influence and lobbying efforts,” Citizens analyst Jordan Bender informed Sportico. Last year, casino and gambling-affiliated groups spent nearly $50 million on lobbying, a record high. They may need to increase this spending further as prediction markets intensify their advocacy. 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.
US Gaming Industry Under Growing Scrutiny: Are Operators Prepared?
(AsiaGameHub) - The US gaming industry is expanding rapidly, yet the pace of regulatory change is even quicker. With states enhancing their oversight and enforcement actions increasing, operators in the sweepstakes and prediction markets face mounting pressure to maintain compliance within an environment that is constantly evolving. Broadcasting live tomorrow, Tuesday, 31 March, SBC Webinars, in collaboration with Vector Solutions and a panel of specialists, will analyze the current priorities. The webinar is designed to provide a clear perspective on the newest regulatory developments, the most significant compliance threats, and the tactics operators must employ to maintain a competitive edge. As scrutiny grows more intense, this represents a pivotal time for companies to grasp the market's direction and the necessary countermeasures. The panel of experts features: Tod Grossman, Director of Gaming Regulatory Compliance at PrizePicks Tom Nightingale, Senior Journalist at Canadian Gaming Business and SBC Americas Katie Lever, General Counsel and Chief Administrative Officer at Great Canadian Entertainment Event Details:Tuesday, 31 March1600 BST | 1200 EST | 0900 PST Registration is currently available. Capacity is restricted and interest is significant. [Register Here] 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.
Thai Sports Chiefs Aim to Remove Snooker from Gambling Act Following Un-Nooh’s Success
(AsiaGameHub) - Sports advocates, prominent politicians, and championship-winning players are calling on Thai officials to remove snooker from gambling-related legislation. These demands follow a surge in Thai snooker popularity triggered by Thepchaiya Un-Nooh’s recent victory. Un-Nooh, known as “F1,” claimed victory at the World Open in Yushan, China, earlier this month, defeating Ronnie O’Sullivan, one of snooker's greatest players ever, in the championship match. Thepchaiya Un-Nooh triumphed at the World Open in Yushan, China, earlier this year. The Thai champion beat the seasoned British player 10-7, achieving a perfect 147 break during the match. However, supporters contend that aspiring young Thai snooker players face obstacles in emulating Un-Nooh's success due to a 1935 law. Thai Snooker Gambling Classification ‘Hurts Players’ According to Thai publication The Standard, the Gambling Act categorizes snooker and billiards as "gambling-like activities" instead of sports. These non-sporting classifications require official permits that are difficult for smaller clubs to acquire, and effectively prohibit players under 18 from participating in snooker. This categorization also restricts the growth of snooker infrastructure, youth training programs, and commercial tournaments. Kongsak Yodmani, Governor of the Sports Authority of Thailand (SAT), announced that the authority will soon file an official petition with the Ministry of Interior to exclude snooker from the Gambling Act. The SAT governor stated that this action would help "elevate snooker" to recognition as a "fully professional sport," creating opportunities for structural development across youth and national programs. Kongsak added that the new classification would enable Thai companies and sports organizations to host snooker events and produce income for the government. Champion Speaks Out The SAT pledged to require club owners to post clear warning signs about gambling risks during matches. "This issue requires discussion between the SAT and the snooker association," Kongsak explained. "All stakeholders must establish clear boundaries and show that our goal in reclassifying snooker is purely to promote it as a sport." The SAT and other supporters held a press conference on March 25, calling on the government to support their proposal. Participants included Un-Nooh, who told journalists that snooker "has been a part of Thai society for a long time," according to Thai news source Thairath Online. People's Party legislator Rakchanok Srinok urged the government to take swift action following Un-Nooh's triumph. She emphasized the significance of enabling young talents to train and achieve international recognition. In the Spotlight Thailand's gambling regulations have attracted significant attention recently. Last year, under former Prime Minister Paetongtarn Shinawatra, the government attempted to classify poker as a sport. Bangkok aimed to draw major poker events to the nation and build integrated casino resorts. However, after the Constitutional Court removed Paetongtarn from office, the government reversed its position, reclassifying poker as gambling. Anti-gambling advocates have also condemned politicians for exploiting lottery policies to gain votes. Thais reportedly wager approximately $8 billion annually on lottery tickets, yet several political parties promised voters they would expand lottery offerings. In the lead-up to last month's general election, the ruling Pheu Thai Party vowed to create nine new "millionaires" daily if victorious. The party pledged to reform current lotteries to guarantee nine winners per day of a 1 million baht prize, valued at over $30,000. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
March Madness Draws New Attention to Bettor Abuse of College Athletes
(AsiaGameHub) - As the Final Four is now determined and March Madness approaches its conclusion, findings from a recent NCAA Student-Athlete Needs, Aspirations and Perspectives (SNAP) survey illuminate how sports wagering continues to influence the experiences of numerous Division I athletes.Men's Division I basketball players indicated the highest levels of betting-related mistreatment in the survey, with one in three stating that fans had directly held them responsible for gambling losses, while close to half (46%) experienced some type of online, verbal, or physical harassment. A majority of student-athletes (52%) feel that sports betting leads to undue examination of athletes, while 55% indicated it erodes the integrity of competition. In the press release announcing the survey results, NCAA President Charlie Baker said: "This season can be enchanting for numerous players, yet it can swiftly turn into a horror story because of mistreatment from fans who participate in sports betting. The NCAA is vigorously striving to safeguard collegiate athletes by tracking abuse via our partnerships with Signify and Venmo, and we are taking all possible measures to stop student-athletes from encountering such mistreatment. However, sportsbooks and regulators in certain states could take further action immediately by removing the proposition wagers that we know are causing harassment." Men's Basketball Players Endure the Bulk of Fan Mistreatment The NCAA sent the survey to nearly 56,000 Division I student-athletes at participating institutions from February 23 to March 2. In total, 7,493 athletes from 154 schools replied. Per the NCAA, the survey examined social media usage, views on betting and athletic integrity, firsthand encounters with bettor mistreatment, and the impact such abuse can have on wellness and athletic output. Although the study revealed that worries about sports betting are common, the outcomes for men's basketball were particularly notable. The survey indicates that 33% of Division I men's basketball players stated that fans directly faulted them for their gambling losses, with an additional 44% experiencing online mistreatment, and 26% encountering verbal or physical abuse. In total, 65% of surveyed athletes think that when fans single out players regarding sports betting, "the competitive spirit is undermined," while 62% stated that betting-related mistreatment "diminishes confidence between fans and athletes." The survey discovered that the impact of betting-related abuse extends well beyond an athlete's email or social media comment threads. Among athletes who had personally experienced mistreatment, 18% reported that it diminished their pleasure in participating in their sport. Another 14% said it undermined their self-assurance in their abilities, and 11% indicated it adversely impacted their athletic performance. Disturbing Trends Recognized Across Multiple Studies The most recent results contribute to a growing collection of research showing that harassment of prominent collegiate athletes by gamblers is growing more frequent, a problem the NCAA has highlighted repeatedly throughout the past year. Last November's SNAP research revealed that 36% of Division I men's basketball players had encountered betting-related mistreatment on social media during the prior year. Subsequently, in February, the NCAA's GOALS research discovered that 46% of Division I men's basketball players had gotten negative or menacing communications from individuals who had gambled on their contests. The GOALS study additionally found that 29% of players polled said they had engaged with fellow students on campus who had placed bets on their team. Though men's basketball players confront a "torrent" of mistreatment, other athletics demonstrate significantly reduced frequencies. For instance, merely 17% of FBS football players and 3% of DI men's soccer players reported getting menacing messages from gamblers. As the NCAA persists in its initiative to prohibit college player proposition wagers, these discoveries demonstrate that such worries are based on proof that present betting frameworks are progressively connected to the targeting and intimidation of student-athletes. 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.
Safe Staffing Requires New Models of Care, Not Just More Clinicians, Says Global Taskforce
PHILADELPHIA, PA, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - A new international report released today by TruMerit™ calls for a fundamental redesign of healthcare workforce models to address global staffing shortages and strengthen patient care. The report, "Safe Staffing Through New Models of Care," presents a systems-based framework to help health leaders, regulators, and policymakers rethink how care teams are structured, how clinicians work together, and how technology can support safer and more sustainable care delivery.Developed by an international taskforce of health system leaders, regulators, academic experts, and clinical innovators, the report emphasizes that solving workforce shortages requires more than simply increasing the number of clinicians. Instead, it calls for modernizing care delivery models to enable health professionals to practice to the full extent of their training, expand interprofessional teamwork, and integrate digital health technologies."The global health workforce crisis cannot be solved simply by adding more clinicians," said Peter Preziosi, PhD, RN, CAE, FAAN, President and CEO of TruMerit. "Safe staffing requires a systems view of how care is delivered. This framework provides guideposts for policymakers and health system leaders to align workforce policy, service delivery, and outcomes - so care teams can meet patient needs safely, sustainably, and in ways that reflect local realities."The framework outlined in the report is organized around three interconnected domains:Systems and Inputs: regulatory policies, workforce infrastructure, and education systemsService Delivery: team-based care, hybrid staffing models, telehealth, and AI-supported workflowsOutputs and Outcomes: workforce sustainability, patient safety, improved access, and cost effectivenessTogether, these components create a continuous cycle of improvement that allows health systems to adapt to evolving population health needs. Healthcare systems around the world are facing unprecedented challenges, including aging populations, increasing rates of chronic disease, workforce burnout, and uneven distribution of healthcare workers. At the same time, advances in digital health, telemedicine, and data analytics are creating new opportunities to expand access to care and improve efficiency."The future of safe staffing depends on embracing innovation while protecting the integrity and well-being of the healthcare workforce," said Sylvain Trepanier, DNP, RN, CENP, FAONL, FAAN, Chief Nurse Executive at Providence and Chair of the Taskforce on Safe Staffing through New Models of Care. "This report demonstrates how health systems can move beyond traditional staffing models toward collaborative, technology-enabled care teams that empower nurses and other health professionals while improving patient outcomes."The report includes global case studies highlighting successful models of care from multiple countries, demonstrating measurable improvements in patient outcomes, workforce retention, and health system efficiency. It is intended to serve as a strategic resource for health system leaders, ministries of health, regulators, academic institutions, and global workforce policymakers.Download and read the report.About TruMeritTruMerit is a worldwide leader in healthcare workforce development with nearly 50 years of experience supporting the mobility of nurses and other healthcare workers. Formerly CGFNS International, TruMerit validates the education, training, and professional experience of internationally educated health professionals seeking authorization to practice in the United States and other countries. Through its expanded mission and the Global Health Workforce Development Institute, TruMerit advances research, standards, and certifications that strengthen the global health workforce and promote equitable, sustainable career mobility.Media ContactLEA SIMSChief Marketing & Communications OfficerTruMeritmedia@trumerit.orgSOURCE: TruMerit Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Balkan countries join forces to form a new gambling trade body
(AsiaGameHub) - A newly established trade body, composed of the largest associations in the region, will provide the Balkan gambling sector with unified international representation. Following a joint proposal from the Serbian and Bulgarian national gambling associations, a Memorandum of Cooperation was signed in Belgrade by a total of seven industry organizations. The signatories include Serbia’s AGOS and Bulgaria’s AOGGAB respectively, alongside Croatia’s HUPIS, Romania’s ROMSLOT, GPIS from Montenegro, UPIS RS from Bosnia and Herzegovina, and North Macedonia’s MAK GEJMING. Operating under the name Balkan Gaming Federation (BGF), these associations—representing gaming stakeholders such as online and land-based operators, suppliers, and manufacturers—will promote the region’s emerging markets while maintaining close internal collaboration to align their goals. The founding document outlines several areas of cooperation, including combating illegal gambling, fostering healthy competition, sharing best practices, engaging in legislative discussions, attracting investments, and organizing joint events. Within the broader European gambling sector, it is notable that several of the BGF’s founding associations are members of the European Gaming and Amusement Federation (EUROMAT). As a result, the BGF is expected to function as a regional cluster within EUROMAT, while retaining a distinct identity that specifically represents the Balkan region. Balkans as a hotbed of regulatory development The formation of the BGF coincides with a period of significant regulatory changes across the Balkan region. In Serbia, the government recently introduced a major legislative update allowing domestically licensed operators to offer jackpots, incentivizing players to use the regulated market and ultimately boosting channelization rates. Bulgaria is currently facing political pressure from within the government to further restrict the gambling sector by raising the minimum legal age from 18 to 21, less than two years after the nation’s gambling legislation underwent its most substantial overhaul in decades. Similar developments are evident in Romania, where the new President of the country’s gambling regulator has initiated rapid collaborative efforts with policymakers to revamp the gambling sector in favor of stronger player protection policies.In Montenegro, the gambling industry recently clashed with the government over a poorly executed attempt to alter the taxation system, which lacked supporting evidence and a clear assessment of its future impact. Croatia is in the process of rolling out a planned package of gambling reforms, with the first change being the launch of a new self-exclusion scheme. In North Macedonia, significant reforms appear imminent, driven by an outspoken Prime Minister who supports increased restrictions on the gambling industry. Meanwhile, discussions are intensifying in Bosnia and Herzegovina that could potentially lead to the abolition of the VAT exemption currently enjoyed by the gambling sector. Given the numerous concurrent regulatory changes, the establishment of an organization like the BGF to help navigate legislative complexities will certainly be a welcome step for all industry stakeholders involved in the Balkans. 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.
Expert warns that North Korean weapons fuel Iran’s conflict with the US and Israel
(SeaPRwire) - Iran's extensive missile capabilities are largely attributed to the communist North Korean regime, a U.S.-designated state sponsor of terrorism, which collaborates closely with Iran, states a prominent expert on the strategic partnership between the two nations.Bruce Bechtol, co-author of "Rogue Allies: The Strategic Partnership Between Iran and North Korea," informed Digital that "The missile fired at Diego Garcia was a Musudan. Iran acquired 19 of these from North Korea, receiving them in 2005. This capability has been available to them since 2005, and it is not a 'secret weapon.'"Last week, Digital reported that Iran considerably intensified its military actions against the U.S. by launching two intermediate-range ballistic missiles towards Diego Garcia, approximately 2,500 miles from Iran.Bechtol stated that "As the conflict with the United States and Israel has progressed, Iran's most significant threat has been its ballistic missiles, which have been launched not only at U.S. installations and Israeli urban centers but also at neighboring Islamic nations. Therefore, understanding this capability and its origins is crucial."He added, "Among the short-range ballistic missiles Iran has deployed against vital U.S. facilities and neighboring Arab states is a crucial system known as the 'QIAM.' The QIAM's development and enhancement benefited from North Korean aid... A significant amount of North Korean proliferation to Iran is currently evident in the ongoing conflict."The combined U.S.-Israeli military campaign against the Iranian regime, which the U.S. State Department identifies as the world's foremost state sponsor of terrorism, is now in its fifth week.Bechtol, a political science professor in the Department of Security Studies at Angelo State University in Texas, pointed out that the Wisconsin Project indicates North Korea built a substantial missile test site in Emamshahr, Fars Province, Iran, along with a tracking facility in Tabas, South Khorasan province.He mentioned that North Korea provided Iran with vital technology "for targets located at greater distances from Iran.""North Korea supplied approximately 150 No Dong systems to Iran in the late 1990s. The Iranians were reportedly highly satisfied with these missiles and, mirroring the previous Scud C factory arrangement, commissioned Pyongyang to establish a No Dong production facility within Iran."Bechtol further explained, "The Iranians designated this 'new' missile as the Shahab-3. The Shahab-3 closely replicates the No Dong. After the Shahab-3 became operational, North Korea collaborated with Iran to enhance its range and destructive power."He stated, "With North Korean support, the Iranians subsequently manufactured (at the No Dong facility) the Emad and the Ghadr. The Emad boasts a range of 1,750 kilometers (approximately 1,087 miles), while the Ghadr reaches 1,950 kilometers (approximately 1,212 miles). Iran has deployed these two systems against Israel and its Arab neighbors (including U.S. military installations within those nations) during the initial phases of this conflict."Bechtol noted that North Korea was instrumental in developing an Iranian missile warhead weighing between 1.5 and 2 tons for the potent Khorramshahr-4. He added, "Another system, even more destructive than those previously mentioned, is capable of striking Israel. This system is named the 'Khorramshahr,' and its fourth iteration, the 'Khorramshahr-4,' has demonstrated the capacity to carry the largest warhead in Iran's missile arsenal, seemingly equipped with cluster munitions."He characterized the strategic alliance, observing: "North Korea acts as the vendor, and Iran as the purchaser. North Korea disseminates weapon systems, technology, parts, components, technicians, engineers, specialists, and military expertise (like the construction of subterranean facilities) to Iran. Iran compensates North Korea with currency and petroleum. It's that straightforward."Bechtol asserted that the sole method to halt this activity involves enforcing sanctions against North Korea. "The necessary sanctions are already established. However, the USA and its primary allies must rigorously implement them. We must target banks, shell companies, and cyber organizations to cut off funding and disrupt or dismantle the supply chain."He concluded, "Greater focus and action are required through the Proliferation Security Initiative — an underutilized tool for preventing North Korean armaments from reaching rogue states and terrorist organizations. Severing the supply chain effectively halts proliferation." 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.
Virgin Bet Expands Internationally with South Africa Launch
(AsiaGameHub) - Virgin Bet has debuted in South Africa, representing its initial foray beyond the UK market as part of its global growth strategy. Since arriving in 2019, the LiveScore Group subsidiary has become a prominent name within the UK's wagering sector. The expansion into South Africa is a calculated decision, targeting a region characterized by high sports interest and a rising appetite for licensed betting options. This development follows the group's established footprint in Africa, where LiveScore Bet already operates in Nigeria. The African continent is increasingly becoming a focal point for the international gaming industry. Virgin Bet has placed a strong emphasis on player safety for its South African debut. The virginbet.co.za site features various responsible gambling tools, including deposit caps, cooling-off periods, and self-exclusion options, along with strict age verification. To facilitate its entry, the company has put together a local management team to drive long-term success, including the naming of Gail Odgers as Head of Marketing. “Debuting in South Africa marks a significant milestone for our team,” stated Odgers. “At Virgin Bet, our philosophy of ‘A Good Bet’ involves providing top-tier experiences for our users while prioritizing our obligations to players and the wider community. “Sport is deeply ingrained in South African culture. Whether it is rugby, cricket, or football, it is a constant topic of discussion. That level of enthusiasm makes this a very appealing market for us. “Our objective is to improve that fan experience in a safe manner, providing great moments and rewards while maintaining high standards for responsible play from the start. We are dedicated to establishing trust and introducing Virgin Bet as a brand South Africans can rely on.” Will Virgin Bet leverage sponsorships once more? The operator intends to provide a variety of sports markets and promotional offers, alongside perks connected to the broader Virgin brand network. The company has heavily utilized marketing since its UK inception, securing major deals such as its partnership with TNT Sports for **UEFA Europa League** and **UEFA Conference League** broadcasts, as well as sponsoring several high-profile horse racing events across the UK and Ireland. The South African launch comes at a time of regulatory shifts. Data from the National Gambling Board of South Africa indicates that 66% of adults now participate in online gambling, a significant increase from 30% in 2017. Consequently, the government has suggested increasing the national tax on online gambling earnings to 20%. While the region offers significant potential, new operators may find themselves navigating a landscape of increasing legislative oversight. 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.
MOL and Hitachi Launch Initiative to Convert Used Ships into Floating Data Centers
TOKYO, Mar 30, 2026 - (JCN Newswire via SeaPRwire.com) - Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto; Headquarters: Minato-ku, Tokyo), Hitachi, Ltd. (Hitachi; President & CEO: Toshiaki Tokunaga; Headquarters: Chiyoda-ku, Tokyo), and Hitachi Systems, Ltd. (Hitachi Systems; President & CEO : Takehiko Watanabe; Head Office: Shinagawa-ku, Tokyo) today announced the signing of a Memorandum Of Understanding (MOU) for the development, operation, and commercialization of a “Floating Data Center (FDC) converted from a second-hand vessel.” (**) Based on this MOU, the companies will conduct demand verification, review basic specifications and operational procedures, and carry out feasibility studies for commercialization of an FDC, with a view to commencing operations in 2027 or later. The project will focus primarily on Japan, where the Hitachi Group already has operational experience in land-based data centers, as well as Malaysia and the United States, where there are proven track records in providing services related to land-based data centers.CG rendering of an FDC converted from a used shipIn recent years, demand for data centers has continued to grow alongside the rapid proliferation of generative AI, creating a need for diverse range of data center solutions that take into account factors such as location, the availability of water resources for power generation and cooling, surrounding infrastructure, and disaster risks.Leveraging their respective experience, insights, and expertise, the three companies will assess the feasibility of commercializing FDC converted from a used vessel—a solution that eliminates the need to secure large tracts of land, enables short construction periods and mobility, and reduces environmental impact and costs through the reuse of existing hulls.Roles of Each Company- Mitsui O.S.K. Lines, Ltd.Building on its expertise in studying and evaluating maritime operations—including vessel conversion plans, coordination with port authorities, and mooring and maintenance—MOL will be responsible for planning and promoting vessel conversions; leading discussions with port authorities and other stakeholders; defining maritime operational requirements such as mooring and maintenance; and examining financing structures.- Hitachi, Ltd./Hitachi Systems, Ltd.:Led by the Strategic SIB Business Unit, which drives new growth opportunities, Hitachi and Hitachi Systems will leverage their experience in owning and operating land-based data centers in Japan, installing containerized data centers, and providing land-based data center services in Malaysia and the United States. They will be responsible for technical studies on data center design, installation, and operation; defining IT infrastructure requirements such as networking and security; utilizing local expertise; and collaborating on customer requirement clarification and customer acquisition.Furthermore, by combining advanced AI with deep domain knowledge, the Hitachi Group is providing “HMAX by Hitachi” (HMAX), a suite of next-generation solutions designed to address the most complex challenges facing in social infrastructure. Hitachi will aim to expand HMAX to further advance and streamline data center operations in the future.(**)[Advantages of FDCs Compared to Land-based Data Centers]- No need to secure large tracts of land or incur land acquisition costsSecuring large plots of land for data centers in the suburbs of major cities is becoming increasingly difficult. In some cities, infrastructure concerns—such as electricity, cooling water, environmental regulations, and resident consent—has not kept pace, leading to proposals to halt the construction of new data centers. FDCs, which utilize ports and rivers, offer a new solution that can be deployed even in such challenging areas.- Shorter construction periodsRenovation work for FDCs takes approximately one year, potentially shortening the development period by up to three years compared with conventional land-based data center development.- Introduction of water-cooling systems utilizing seawater and river waterData centers consume large amounts of electricity and generate significant heat, requiring robust cooling systems. As conventional air-cooling systems cannot adequately cool high-performance AI servers, the market is shifting toward water-cooled systems. However, because water-cooling requires large volumes of water, some regions in the United States have experienced conflicts with residents concerned about potential shortages of potable water. As floating structures, FDCs can efficiently utilize seawater or river water for cooling, reducing both the power consumption required for server cooling and overall operational costs.- RelocatableBecause FDCs are floating structures, they are easy to move in response to shifts in demand.[Benefits of Converting Existing Ships into FDCs]- Reduced environmental impact arising from the extraction and processing of raw materials through the reuse of existing ship hulls- Reduced initial investmentIn addition to lowering construction costs, the use of existing onboard systems—such as air-conditioning, water intake, and power generation—is expected to reduce initial investment requirements.- Extensive space availabilityFor example, a car carrier with a floor area of approximately 54,000 m² would rival one of Japan’s largest onshore data centers in terms of total floor area.Trademark NoticeAll trademarks and product names are the property of their respective owners.About Mitsui O.S.K. Lines, Ltd.MOL operates a fleet of more than 900 vessels, including LNG carriers, car carriers, oil tankers, and bulk carriers. Centered on its core shipping business, the company is engaged in a wide range of social infrastructure businesses—such as offshore business, wind power generation, logistics, and real property—as well as B2C businesses such as cruises and ferry services. MOL aims to be a strong and resilient corporate group that grows on a global scale by addressing the evolving needs of society, including environmental conservation, through the advancement of its technologies and services, and by delivering new value to all stakeholders. Visit us at https://www.mol.co.jp/en/.About Hitachi, Ltd.Through its Social Innovation Business (SIB) that brings together IT, OT (Operational Technology) and products, Hitachi contributes to a harmonized society where the environment, wellbeing, and economic growth are in balance. Hitachi operates globally in four sectors – Digital Systems & Services, Energy, Mobility, and Connective Industries – and the Strategic SIB Business Unit for new growth businesses. With Lumada at its core, Hitachi generates value from integrating data, technology and domain knowledge to solve customer and social challenges. Revenues for FY2024 (ended March 31, 2025) totaled 9,783.3 billion yen, with 618 consolidated subsidiaries and approximately 280,000 employees worldwide. Visit us at www.hitachi.com.About Hitachi Systems, Ltd.Hitachi Systems will collaborate with Hitachi Group companies and business partners to develop the Lumada business as One Hitachi, with a focus on managed services, to achieve DX for our customers on a global scale. Our human capital featuring business knowledge and know-how acquired through solving customers' problems across a variety of industries will utilize generative AI more than ever before to further accumulate and utilize knowledge. This will enable us to propose on-site digitalization solutions and create a cycle of collaborative value creation. Visit us at https://www.hitachisystems.com/eng/index.html. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
















