Posts by fang:

LiveScore’s FY25 revenue climbs 15% to £206.3m

(AsiaGameHub) -   LiveScore saw growth in FY25, with the UK contributing the majority of this progress. That said, a heavier tax burden now looms over 2026, which could place new pressure on profit margins. Good to Know FY25 total turnover rose 15% to £206.3m. UK-based turnover climbed 26% to £175.6m and made up 85% of the group’s total revenue. Regulus Partners estimates extra UK tax costs of £20m to £25m from April. UK Growth Boosts LiveScore But Tax Pressure Mounts LiveScore Group reported turnover of £206.3m for the 12 months to 31 March 2025, up 15% year on year. The UK drove that result, with turnover up 26% to £175.6m. That left the market accounting for 85% of total group revenue. Regulus Partners noted that LiveScore beat the wider UK market. In a note released on Monday, the firm said LiveScore Bet and Virgin Bet outperformed market growth by 20 percentage points. Outside the UK, the picture was weaker. European turnover fell 29% to £16.3m after LiveScore shut its Netherlands operation in November 2024 under tighter regulatory pressure. That exit created a £6m headwind during the period. Rest of world turnover also dropped, down 14% to £14.4m. Regulus said that may reflect softness in Nigeria. The business mix stayed heavily consumer led. B2C made up 90% of FY25 turnover, while B2B advertising contributed 9%. Losses narrowed, but the group still finished in the red. Gross profit rose 14% to £158m, while cost of sales increased 18% to £48.4m. Operating loss improved to £26.7m from £50.7m a year earlier. EBITDA loss improved 61% to £15.2m. Part of the cost base came from internal changes. In November 2024, the group booked £3m in restructuring and streamlining costs, listed as redundancy expenses. LiveScore said the lower loss came from gross profit growth outpacing continued spending on marketing and the LiveScore brand. The main issue now is tax. From April, the UK burden rose to 40% of GGR after the Remote Gaming Duty increase. Regulus estimates that could add £20m to £25m in extra costs before any mitigation. LiveScore also pushed beyond the UK during the period. Virgin Bet launched in South Africa in March, giving the group its first market outside Britain. 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.

PG Soft Unveils 3×3 Slot Game Named Perfect Strike

(AsiaGameHub) -   PG Soft has expanded its portfolio with the launch of Perfect Strike, a new bowling-themed slot designed primarily for mobile. The game utilizes a classic 3x3 reel grid. Perfect Strike is centered around two key mechanics. The first is a Respin Feature, triggered by landing three or more Trophy symbols. These symbols lock in place for a respin, and the feature continues with each new Trophy symbol that lands. It concludes when no further Trophy symbols appear, with awards calculated from the accumulated symbols and limited to 200x the stake. The developer has also included a randomly awarded Free Spins Feature. This bonus awards 10 free spins, during which every win is boosted by a random multiplier of x2, x5, or x10. According to the provider, the game offers a top prize of up to 4,000 times the original bet. A company representative commented: “Perfect Strike features a cool reel set-up that’s as slick as the lanes themselves. The Respin Feature reflects the nail-biting moments when the game’s reaching its climax as players chase the perfect game!” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Betsson Anticipates 47% Decline in Q1 2026 EBIT

(AsiaGameHub) -   Betsson has indicated a less robust first quarter, attributing the decline in margins to increased taxes, a shift in revenue composition, and a downturn in B2B income. While the full financial results are scheduled for release on April 24, the preliminary outlook suggests a modest decrease in revenue accompanied by a more significant drop in profit. Key Takeaways Betsson anticipates Q1 revenue of 285 million euro, marking a 3 percent decrease compared to the previous year. EBIT is projected to be 34 million euro, down from 64 million euro. Early trading in Q2 has shown improvement, with daily revenue increasing by 9 percent as of April 8. The Stockholm-listed company reported that first-quarter revenue is expected to reach 285 million euro, a decrease from 294 million euro in the prior year. EBIT is forecast to decline by 47 percent to 34 million euro from 64 million euro, with heightened tax burdens being a primary factor. Regional performance varied. Latin America saw an increase to 93 million euro from 75 million euro, and Western Europe improved to 61 million euro from 56 million euro. Conversely, CEECA experienced a decline, falling to 96 million euro from 122 million euro. The Nordic region also saw a decrease, dropping to 31 million euro from 38 million euro. Product segment performance was also mixed. Sportsbook revenue remained stable at 80 million euro. Casino revenue decreased by 8 million euro to 204 million euro. The most substantial impact came from the B2B segment, where revenue fell to 51 million euro from 90 million euro, resulting in this unit contributing only 18 percent of the group's total revenue.Investor reaction was swift. Betsson shares experienced a sharp decline from 104.8 SEK to 81.95 SEK within minutes before partially recovering to 91.30 SEK, still representing a drop of over 13 percent for the day. Chief executive Pontus Lindwall stated: “Our B2B business continues to be weighed down by lower revenue at one of our customers.” He added: “However, since the start of December, this B2B customer has seen a stabilisation in average activity levels.” He also emphasized a longer-term perspective, commenting:“In the slightly longer term, I am excited about growing our B2B revenue with existing and new partners, as we continue to follow our strategy to generate shareholder value over time.” Regarding the consumer-facing business, Lindwall remarked: “Our B2C business continues to perform well overall with good growth and significant contribution to operating income.” “Nevertheless, we are investing in several B2C markets that are not yet profitable, negatively affecting total EBIT by approximately €10-15m on a quarterly basis. “We still believe that these markets have potential to become profitable but continuously monitor and evaluate their performance and prospects.” Betsson entered the quarter following a mixed performance in 2025. Full-year revenue increased by 8 percent to 1.197 billion euro, while earnings saw a 1 percent decline to 313.7 million euro, partly due to increased tax pressures becoming more evident in the fourth quarter.A positive indicator was also present in the update. Betsson reported that average daily revenue in early Q2 had risen by 9 percent year-on-year through April 8, and sportsbook margins were performing above the eight-quarter average. 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.

D.C. iGaming Bill Imposes 25% Tax Rate, Raises Legal Gambling Age to 21, and Bans Sweepstakes-Style Platforms

(AsiaGameHub) -   Washington D.C. is preparing to debate legislation that would legalize real-money online gambling while prohibiting sweepstakes-style casino sites. The bill is scheduled for consideration by the Committee on Human Services on April 21. Good to Know Bill 260656 would tax adjusted gross gaming revenue at 25%. Operators would pay a 2 million dollar licensing fee. Sweepstakes style dual currency platforms would be barred. DC Ties iGaming Legalization to a Sweepstakes Ban Councilmember Wendell Felder presented the Internet Gaming and Consumer Protection Act of 2026 on April 9. Known as Council Bill 260656, the legislation would grant regulatory authority to the Office of Lottery and Gaming upon approval. The initiative has a dual purpose. It establishes a framework for licensed online gambling operators while simultaneously banning platforms that utilize a dual-currency sweepstakes model, which allows virtual credits to be exchanged for cash. This aspect aligns the bill with a broader national policy effort to distinguish regulated iGaming from sweepstakes casino operations. Under the proposed law, operators would be required to obtain licenses, adhere to compliance regulations, and verify a user's identity and location prior to accepting wagers. The minimum legal gambling age would be set at 21. Mandatory safeguards would involve geolocation technology and cybersecurity protocols to ensure betting occurs only within authorized zones and to secure customer information.The taxation component is straightforward. The legislation would impose a 25% tax on adjusted gross gaming revenue and mandate a $2 million licensing fee. The resulting revenue would be allocated to community and social initiatives, such as behavioral health support and problem gambling programs. Supporters of the bill cite states like New Jersey and Michigan, where regulated iGaming has generated significant tax income alongside enhanced consumer safeguards. The D.C. proposal mirrors this approach by incorporating player protections like deposit limits, self-exclusion options, and activity monitoring. A specific timeline is also outlined. Should the bill be enacted, regulators would have 90 days to establish final rules. An operational launch could then occur within 180 days. FAQ What is DC Bill 260656? Bill 260656, titled the Internet Gaming and Consumer Protection Act of 2026, is a legislative proposal to authorize real-money online gambling in Washington D.C.When will the DC iGaming bill be discussed? A hearing for the bill is set for April 21 in front of the Committee on Human Services. What tax rate would the bill set for iGaming operators? The bill proposes a 25% tax on adjusted gross gaming revenue. Would the bill ban sweepstakes casinos? Yes. The legislation would prohibit dual-currency gambling platforms that permit the conversion of virtual funds into cash. What would operators need to pay for a license? Operators would be subject to a $2 million license fee. What player safeguards are included in the bill? The proposal contains deposit limits, self-exclusion mechanisms, user activity monitoring, identity verification, geolocation, and cybersecurity standards. 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.

New York Sportsbooks Report 34.3% Revenue Growth in March Amid 4.5% Handle Decline

(AsiaGameHub) -   New York's sports betting market saw contrasting results in March. While the total amount wagered declined compared to the previous year, operator earnings surged significantly due to an improved win percentage during a peak period for college basketball. Good to Know New York online sportsbooks accepted $2.32 billion in wagers during March, a 4.5% decrease from March 2025. Gross revenue rose to $217.3 million, an increase of 34.3%, with a hold rate of 9.4%. FanDuel was the market leader in both handle and revenue, and DraftKings also achieved a double-digit win rate. Higher Hold Offsets Lower Betting Volume in New York According to the New York State Gaming Commission, the total handle for March was $2.32 billion from eight online sportsbooks. This figure was lower than the $2.43 billion recorded a year prior, marking the second consecutive month without annual growth in handle. However, betting activity increased by 15% from February, boosted by conference tournaments, the NCAA Tournament, and MLB Opening Day. This also represented the eighth month in a row that New York's handle remained above $2 billion. The revenue picture was markedly different. Gross revenue climbed to $217.3 million, a 34.3% year-over-year increase. Sportsbooks retained 9.4% of all wagers, a win rate nearly three percentage points higher than the previous March. Unexpected outcomes in the NCAA Tournament and a reduced number of top-seeded teams advancing to the semifinals contributed to the stronger performance. This March generated the highest revenue since the launch of online sports betting in New York in 2022. It was also the market's best operator win rate recorded during the month of the NCAA Tournament. State tax revenue for March amounted to $110.8 million, bringing the total tax collected year-to-date to $328 million.FanDuel was responsible for the largest share of the results. It processed $811.1 million in bets and earned $87.4 million in gross revenue, achieving a hold of 10.8%. This revenue total was over $27 million higher than in March 2025. DraftKings also surpassed a double-digit hold, generating $77.5 million in revenue from a handle of $758.4 million. Fanatics Sportsbook surpassed $300 million in monthly handle for the first time since August, concluding the month with $302.8 million in wagers and $15.7 million in revenue. Bettors fared better on this platform, resulting in a hold rate below 5.2%. BetMGM experienced a softer period, producing $11.7 million in revenue from $193.3 million in wagers for a hold just under 6%. Caesars reported $14.2 million in revenue from a $152 million handle, holding above 9%. Among the smaller operators, BetRivers accepted $52.4 million in wagers and recorded $4.9 million in gross revenue. This handle was more than $8 million greater than theScore Bet, which posted $4.1 million in revenue. Bally Bet handled $14 million and delivered the strongest hold among the smaller operators at 12.1%. 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.

Hong Kong Police Conduct Raid on Fishing Game Gambling Den and Arrest Eight People

(AsiaGameHub) -   Hong Kong’s Kowloon police have announced the arrest of eight individuals following a raid on an unlicensed fishing machine gambling den. Seven of those taken into custody were customers, while the eighth was the den’s operator, according to the Hong Kong arm of Chinese media outlet On. Fishing machine games are large console devices typically found in video game arcades. Players use virtual water cannons to target fish moving across the screen. Most games grant points for each fish hit, with shots at extremely rare fish earning additional points. Chinese fishing game consoles (Image: aB476DqSZRPSwIWEBdzvNQ/haokan.baidu/Screenshot) These games are extremely popular in both Mainland China and Hong Kong. However, in recent years, gambling den operators have started providing secret gaming sessions in unauthorized temporary arcades. Operators of such dens usually offer cash rewards to players who score high points. Hong Kong Police: Raid on Fishing Game Gambling Den Authorities in Hong Kong’s Sham Shui Po District stated they acted on a tip from a member of the public. Following a thorough investigation, officers raided a commercial space on Cheung Sha Wan Road on the afternoon of April 9. Officers seized five fishing game machines, along with gambling-related items and an unspecified sum of cash. Police have identified the suspected operator of the gambling den as a 54-year-old Hong Kong man with the surname Chan. The suspected patrons consisted of one man from Mainland China, five Hong Kong men, and one Hong Kong woman. The oldest among those arrested was in his early 70s. If found guilty, Chen faces a maximum fine of HKD 5 million (around $640,000) and a seven-year jail term. Patrons found guilty could be fined up to HKD 50,000 ($6,400) and sentenced to up to nine months in jail. Earlier this year, Macao police arrested a self-proclaimed gambling expert on fraud charges.The man, a native of a Mainland Chinese city,is said to have borrowed money from a female client.After losing the funds at two Macao casinos, he attempted to escape and was apprehended at a border crossing. 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 Anti-gambling Advocates Back Calls to Remove Snooker from Gambling Classification

(AsiaGameHub) -   Leading Thai anti-gambling campaigners support a movement to eliminate the gambling-associated stigma attached to snooker, though some caution that legal reforms could have unintended negative consequences. Snooker is currently experiencing a revival in Thailand, largely driven by the success of Thai player Thepchaiya Un-Nooh. Last month, Un-Nooh claimed victory at the World Open tournament in China. The Thai star defeated Ronnie O’Sullivan—one of snooker’s most prominent figures—in the final. In late March, he also joined the campaign calling for snooker to be removed from the Gambling Act. Under the act, snooker is categorized as a “gambling-like activity” rather than a sport. This means most under-18s are barred from playing, and smaller clubs cannot obtain special operating licenses. Challenges with Snooker’s Gambling Classification The Sports Authority of Thailand (SAT), Thailand’s top sports body, last month urged the government to revise the act. The Gambling Act dates back to the mid-1930s. Snooker qualifies as a sport because it is a skill-based activity with clear rules, said Wasin Pipatnachat, a lawyer and manager at the Public Health Network for Managing Health Risk Factors, according to Thai media outlet Nation TV. However, Pipatnachat noted that the problem lies in the fact that players and spectators often place bets on snooker match outcomes. The lawyer added that if the government wants to treat snooker as a sport, all forms of snooker-related betting must be eliminated. He said this would involve introducing new “legal mechanisms” to “prevent the misuse of snooker for gambling purposes,” he further explained. Snooker player Mark Williams competing at the German Masters tournament. (Image: DerHexer [CC BY-SA]) Anti-Gambling Activist Calls for Consensus Among All Stakeholders Thanakorn Komkrit, Secretary-General of the Anti-Gambling Foundation, expressed his support for reclassifying snooker as a sport. But he pondered: “The question is: ‘What has historically linked snooker to gambling?’” Komkrit proposed a meeting of “all relevant parties,” including the Ministry of Interior, Ministry of Sports, Sports Authority of Thailand, Snooker Association, professional snooker players, and the Ministry of Social Development and Human Security. “They should discuss the legal barriers hindering the process and find ways to remove them,” the foundation chief said. Komkrit stated that a ministerial order is preferable to a legal amendment, as legislation could “potentially turn a minor issue into a major one.” “The Gambling Act is tied to numerous forms of gambling—perhaps hundreds—and amending it would involve overcoming many hurdles,” he explained. “Many countries clearly separate sports from gambling. If snooker is a sport, it must be registered as a club or sports promotion institution with clear regulations prohibiting gambling, and no age restrictions for minors.” Thanakorn also suggested the government should “reconsider whether gambling oversight should remain with existing agencies or if a new body should handle it.” In March, Thai police announced they had “dismantled” the Eu9thaff gambling portal. Officers said they arrested eight people and froze bank accounts the platform operators allegedly used to launder funds. Detectives also seized cell phones and narcotics during a series of raids. 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.

Indonesian Government Blocks An Additional 1,000 Bank Accounts Linked To Gambling

(AsiaGameHub) -   The Indonesian government has announced it has blocked over 1,000 bank accounts, as their holders used them to deposit funds into online casino platforms. Indonesian media outlet Antara News reported that the announcement came from the Financial Services Authority (OJK), the country’s top anti-money laundering body. Since launching its crackdown in 2024, the OJK has frozen a total of 33,252 accounts using its Enhanced Due Diligence (EDD) tool. The OJK has ordered all commercial banks in the country to deploy this tool. Banks use the EDD to sift through transaction data for signs of gambling-related activity. If they detect a transaction that appears to be a transfer to an online gambling platform, banks must notify the regulator. Following further checks, the OJK can then issue a freezing order. Indonesian Government Uses AI to Track Down Online Gamblers “Online gambling has a broad impact on the economy and financial sector,” said Dian Ediana Rae, the OJK’s Chief Executive for Banking Supervision. The OJK stated it is also stepping up oversight of the banking sector to ensure financial providers comply with its EDD anti-gambling rules and other related protocols. The regulator noted it has revoked the business licenses of six banks as part of its campaign. The Indonesian government is also partnering with AI startups to combat the relentless rise of online casino platforms. Meutya Hafid, from the Ministry of Communication and Digital Affairs (Komdigi), said the government has signed agreements with two domestic tech firms. She explained these firms will help provide Jakarta with machine learning-powered tools that can “detect and trace the payment infrastructure pathways frequently used in online gambling activities.” Indonesian media outlet Indoraya News reported that the Komdigi chief said the startups were “creating artificial intelligence-based solutions that are relevant to the nation’s needs.” Earlier this month, police in Medan city said they had dismantled an online gambling syndicate with alleged ties to Cambodia. The Great Mosque of Medan. (Image: Daniel Berthold [CC BY-SA 4.0]) Police arrested 19 people during a series of raids on multiple addresses across the city. 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.

Japan’s Aichi Prefecture Ramps Up Integrated Casino-Resort Bid Plans, Seeks an Operator

(AsiaGameHub) -   Japan’s Aichi Prefecture has revealed plans to develop one of the nation’s first licensed integrated casino resorts (IRs), pending approval. Aichi’s prefectural officials state they are seeking an operator to construct the IR on roughly 50 hectares of “usable land” on Chubu Centrair International Airport Island. This man-made island already houses a major air terminal. Japan’s Chubu Centrair International Airport (Image: 663highland [CC BY 2.5]) The winning IR operator will receive an initial 35-year lease, per the prefecture’s press release. Aichi Prefecture has announced that applications are now open for companies looking to build and operate the IR. Aichi Prefecture, Japan: Open for IR Operator Applications The prefecture noted it will accept applications until July 31. It will then select a potential operator between fall 2026 and spring 2027, before finalizing its bid and submitting it to the central government. The central government has already approved a bid for an IR in Osaka. Construction on the Osaka IR began late last year, with U.S.-based operator MGM partnering with Japanese firm Orix on the project. The provisionally named MGM Osaka is set to open in 2030. Tokyo aims to approve up to two more IR bids by next year, but most Japanese prefectures have shown reluctance—Aichi being the exception. Foreign firms are closely monitoring the situation. Last month, Bally’s Corporation said it would invest in Japan’s casino-resort sector if given the opportunity. Bally’s chairman Soo Kim has previously expressed interest in launching an IR in Fukuoka. Aichi reported conducting a feasibility study with 15 private businesses between February 25 and March 19. The prefecture requires the future operator to purchase the existing Aichi International Exhibition Center, and the initial 35-year permit will be extendable. The prefecture will also retain a buyback clause that takes effect at the end of the 35-year term. Conference Center Aspirations Aichi specifies the operator must agree to build a state-of-the-art conference center at the site. The plans state the site can host no more than one casino, which may make up no more than 3% of the IR’s total floor area. The prefecture expects the operator to develop hotel and tourism facilities covering at least 100,000 square meters. Meanwhile, Japanese police say they are struggling to remove illegal online casino-related web pages and social media posts, despite recent crackdowns. 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.

Alberta Gambler Who Was Denied $1M Payout From 888 Promises to Fight for the Funds

(AsiaGameHub) -   An Alberta-based gambler has been refused a life-altering payout from online casino 888, which attributes the CA$1.3 million ($940,000) winnings to a system malfunction. “On March 16, 2026, I saw my 888casino balance jump to the millions—then watched the casino wipe it all out,” James Kotylak told CasinoBeats. The 42-year-old has been an online player at 888 for three years, having deposited roughly $52,000 during that period. His consistent gambling activity led the operator to place him in the VIP Gold tier. Last month’s gambling session started like any other for Kotylak: “I logged in as I always do and began playing slots,” he said. “I later switched to a Pragmatic Play title called Floating Dragon – Year of the Snake, which has a Jackpot Drop feature.” “That’s when everything went haywire. I had an amazing run on the Jackpot Drop: bronze, sapphire, silver, gold, and then several diamond jackpots each valued at about $85,703.77. My balance skyrocketed from its usual amount to over $1.3 million. I received around 15 emails from 888 congratulating me on those jackpot wins, each stating the amounts would be confirmed within 72 hours.” But those amounts were never verified. Around the same time, players across the Evoke group—including William Hill and 888—reported similar jackpot streaks. The company has tried to invalidate all those winnings, asserting that a glitch led to the unusual payouts. 888 Blocks Payouts As his balance grew, Kotylak continued playing and lost approximately $60,000 of his winnings. He tried to withdraw some money but was restricted to $47,000—despite the maximum withdrawal limit being $50,000. “The $47,000 withdrawal was submitted and marked as ‘in process.’ I went to sleep and checked again at around 6:30 a.m.—the withdrawal was still pending. There was no alert, no account lockout notice, nothing indicating an issue.” Kotylak had already begun planning how to use the winnings. He told his 91-year-old grandmother he would purchase her farm to keep it in the family for years to come. “She was overjoyed about this,” Kotylak shared. “Then I told my daughter. I was thrilled to tell her I could finally give her financial independence, or at least a good start. In the end, the family farm is for her.” He also made financial promises to other friends and family: he told his father he would pay off his debt, and a senior friend with health issues that they no longer had to stress about money. However, he hasn’t received any of the money so far. “Around noon, I tried to log back in and found I couldn’t access the casino at all—only the Safe Cashier section. My real-money balance was zero. That’s when I reached out to support and was told my account was “under investigation and review.” As a loyal VIP for years, this came as a huge surprise.” Players Taking Legal Action to Reclaim Winnings Kotylak got in touch with 888’s support team, but has been frustrated by the company’s inconsistent communication. “The explanations from 888 kept shifting,” he stated. “First, they said my bank had declined the $47,000 withdrawal and returned the funds to my account. But my bank confirmed there was no such transaction—no attempt was made, so there was nothing to reject.” Kotylak received a phone call where the jackpots were attributed to a glitch, and he was told to “trust” the casino. However, he alleges the company lied about reversing the withdrawal before completing a required review. He also notes that they haven’t provided any proof the winnings came from a glitch. Messages reviewed by CasinoBeats show that 888 staff were sometimes unresponsive, occasionally apologetic, and at other times accused him of attempting to exploit the company. Currently, Kotylak is fighting to recover his money, but the absence of a regulated market in Alberta is making this difficult. He reached out to Alberta’s Alternative Dispute Resolution (ADR), but was told it doesn’t cover 888 since the casino is based overseas. Alberta plans to launch a regulated gambling market later this year. For the time being, 888 operates under licenses from Gibraltar and Malta. Kotylak has contacted these regulators, who told him he needs a “deadlock letter”—something 888 is refusing to issue. A group of UK users is uniting, and Kotylak says he intends to join them in pursuing legal action against Evoke. Lost Winnings Cause Emotional Stress UK users have also reported being denied large payouts from the Evoke group. One user had a heart attack shortly after winning nearly $400,000. His family stated that the stress of trying to claim the funds had negatively impacted his health. “The shock of this has been overwhelming,” his son said. “It’s not just about the money—it’s how the situation was handled. It feels like a genuine injustice, and the stress has taken a severe toll on his health.” Kotylak echoed this, saying the experience has been extremely stressful. “Having a life-changing win like that wiped away by a vague ‘glitch’ with no proof has been devastating,” Kotylak stated. “I’m not asking for preferential treatment—just that the casino be held to the same standards of proof and accountability that they demand from their players.” There is a glimmer of hope for affected players. Last year, UK courts ordered Paddy Power to pay a woman over $1 million after the company refused to honor her winnings. The operator also claimed the funds were credited by mistake, but the courts ruled this didn’t absolve it of its obligations. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Allwyn’s Pavel Turek Discusses Building the Brand Through Formula 1 Sponsorship

(AsiaGameHub) -   Allwyn has recently declared an extension of its agreement with Formula 1. While mainly a lottery operator that is growing via mergers and acquisitions, we spoke with the firm’s Chief Officer of Global Partnerships, Pavel Turek, to gain further understanding of how the F1 arrangement has performed during its initial year and the rationale behind prolonging the partnership. Last year, Formula 1 named the company as an official partner, and that agreement was prolonged last month. During an interview the previous week, Turek informed CasinoBeats that the debut year was successful. “Our initial year as an official Formula 1 partner surpassed expectations,” Turek remarked. “We effectively presented the Allwyn brand to a worldwide audience of devoted F1 enthusiasts.” Following a merger with OPAP, the Greek state-licensed gambling operator, Allwyn became one of the globe's biggest gaming firms, ranking just behind Flutter. Transition from Energy to Gaming Established initially as an energy enterprise named KKCG in 1992, the firm was operational in the Czech Republic, the homeland of its founder Karel Komárek, prior to venturing into the gaming sector in 2011. It purchased a controlling interest in the Czech lottery organization Sazka and utilized the name for its gaming operations, which swiftly grew to encompass lotteries in Italy, the UK, and Austria. In 2022, it underwent a rebranding to Allwyn as it pursues global expansion. Consequently, the brand might be unfamiliar to many, yet Turek aims to utilize the F1 arrangement to alter this. “The collaboration not only boosted our brand exposure but also enabled us to engage with a highly involved, international demographic, which serves as a primary value generator for Allwyn,” Turek commented. Developing the Allwyn Brand The company holds interests in various international betting and gaming labels, including Betano, Novibet, and PrizePicks, subsequent to an agreement finalized last year. Concurrently, PrizePicks secured a license from the Commodity Futures Trading Commission (CFTC) to access the prediction market sector. Under the F1 agreement, Allwyn has introduced the Allwyn League within the F1 Predict game. A logical progression would be to market prediction markets to F1 followers. Crypto.com also sponsors the sport, yet PrizePicks has allied with its rivals, Polymarket and Kalshi. Nevertheless, Turek underlined that Allwyn was not considering how to steer fans toward the contentious markets. “It is crucial to highlight that this is a brand partnership centered on establishing recognition of the Allwyn name worldwide through pivotal activation initiatives, instead of directly marketing specific products,” Turek explained. “Via F1’s international scope, we can demonstrate our mission of winning together, playing responsibly, and fostering positive community transformation, both globally and locally.” Connecting with Fans Instead of marketing products and advertising directly through F1, Turek noted that the arrangement is more about positively engaging fans. “As Allwyn continues its international growth, our partnerships approach has shifted to concentrate on platforms that offer global scale, steady visibility, and significant fan interaction,” Turek stated. “Formula 1 represents a prime instance of this strategy, blending worldwide reach with prospects for digital, on-track, and off-track activations. “F1 Predict and the Allwyn League are crafted primarily as free-to-play fan engagement mechanisms that reflect F1’s focus on community and innovation,” Turek added. “They aim to improve the race weekend experience in an enjoyable, responsible, and entertainment-focused manner, with predictions confined to positive sporting results like podium finishes or the fastest lap. Our Formula 1 collaboration centers on elevating Allwyn’s international brand presence and strengthening fan engagement.” Maintaining Control Turek continued by stating that the company stays “dedicated to ensuring our partnerships mirror our principles, such as innovation, responsibility, and community influence, as demonstrated through efforts like the F1 Allwyn Global Community Award.” Gaming firms often must navigate the fine line between brand promotion and encouraging gambling. Recently, DraftKings and FanDuel have encountered new lawsuits alleging manipulative tactics that foster problem gambling. Turek mentioned that Allwyn seeks to steer clear of those negative connotations and stressed that responsible gambling is a fundamental aspect of the company's identity. “We have already drawn inspiration from our F1 collaborations to develop a collection of content utilized on social media to promote responsible gaming and the appropriate approach to playing, including the right mindset and maintaining control.” The responsibility segment on the company’s website asserts that “being responsible isn’t just how we conduct business — it’s an integral part of our identity.” 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.

Detroit Casino Files Lawsuit Against Rapper Offset Amid $65M Renovation Plans

(AsiaGameHub) -   The Detroit casino that is suing rapper Offset has revealed a multi-year, $65 million renovation and expansion plan. MotorCity Casino Hotel initiated legal proceedings against the artist concerning unpaid gambling debts, shortly before he was shot outside a casino in Florida. According to the casino, Offset established a credit line of $100,000 while gambling at the establishment but has failed to settle the amount. Concurrent with filing the lawsuit, the casino also publicized its Elevate the Escape initiative, a project that entails a complete refurbishment of 400 hotel rooms and suites. “MotorCity has always been a destination for enjoyment, and ELEVATE THE ESCAPE signifies the next phase in that narrative,” stated John Policicchio, general manager of MotorCity Casino Hotel. “We are enhancing what patrons already appreciate while adding new, dynamic experiences that are designed for how people currently seek to escape and have fun.” Offset Escaped Casino Debt MotorCity ranks among the top-grossing casinos in Detroit. It reported revenue of $376.1 million last year, accounting for approximately 30% of the city's total of $1.28 billion. The venue's earnings have bounced back since 2023, following a period when strikes affected its financial performance. A few months later, Offset accumulated the debt during a night of gambling in March 2024. The casino tried to directly withdraw the money from the 34-year-old's bank account, as per their agreement. The transaction, however, was declined because of insufficient funds. After waiting more than two years for repayment, the casino pursued legal action on March 30. The suit charges Offset with breach of contract, fraud, and similar allegations. A representative for the rapper indicated he is seeking a resolution, TMZ reports. Following the shooting, former NFL wide receiver Dez Bryant also claimed the rapper owes him $8,000 from gambling. Separately, radio host Ebro Darden asserts that Offset owes him $5,000 from a lost Super Bowl bet. Gambling Debt Allegedly Led to Shooting Gambling debts are also reportedly the reason Offset was shot outside a different casino, the Seminole Hard Rock Hotel & Casino in Florida. The rapper allegedly owes Lil Tjay $10,000 from a bet. During a confrontation between the two artists, police claim an associate of Lil Tjay shot Offset in the leg last week. Lil Tjay was taken into custody and charged with misdemeanor disorderly conduct-affray at the Broward County Jail. He was freed on Tuesday. Offset, for his part, has been discharged from the hospital. He made his first post-shooting appearance at a concert in Arkansas on Saturday, entering the stage in a wheelchair before standing up to perform. 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.

Axonex Intelligence’s AI Robotics Series Makes a Splash at InnoEX

HONG KONG, Apr 13, 2026 - (ACN Newswire via SeaPRwire.com) - Mint Incorporation Limited (“Mint” or the “Group”, NASDAQ: MIMI), a Hong Kong-based company with a new strategic focus on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, today announced that its wholly-owned subsidiary, Axonex Intelligence Limited ("AXONEX"), is participating in the Hong Kong International Creative & Technology Expo (InnoEX), organised by the Hong Kong Trade Development Council (HKTDC). InnoEX runs from 13 to 16 April at the Hong Kong Convention and Exhibition Centre. As Asia’s annual flagship innovation and technology event, InnoEX brings together cutting-edge technologies and smart solutions from around the world, serving as a key platform for cross-sector collaboration and business matching. This year’s edition places a strong focus on AI and robotics. AXONEX is showcasing its latest series of robotics products at InnoEX, demonstrating the Group’s R&D achievements in artificial intelligence.AXONEX is presenting a total of 6 different robot series at InnoEX. Among them, the newly developed production-oriented semi-humanoid robot NEX makes its debut. NEX is a semi-humanoid robot that combines an embodied AI system powered by NVIDIA Jetson AGX Orin with AXONEX’s proprietary AX-CORE database. Equipped with AI vision recognition and grasping algorithms, NEX can recognise over 100 different scenes, objects, and actions. Its modular control architecture enables its wheeled chassis, torso‑and‑arm assembly, and dexterous hands to operate independently and precisely in coordination, allowing it to perform complex grasping tasks. The exterior design, meticulously crafted by AXONEX’s professional design team, delivers a high-tech yet friendly appearance. Functional features include a programmable function library, scheduled task execution, and multiple grasping modes (e.g., souvenir grasping, cargo grasping), as well as left-right hand coordination (suitable for airport luggage trolley scenarios). NEX is applicable to a wide range of scenarios, including medical care, industrial applications, retail, and exhibition demonstrations.AXONEX is also presenting, the AI-powered companion robot FLOKI Minibot M1 (chassis model R-300), co-developed with Rice Robotics. The FLOKI Minibot M1 is an intelligent daily companion that combines AI-driven personalisation with practical functions, including smart reminders, proactive notifications, natural conversation, concierge services, and educational tutoring. Its unique strength lies in its ability to develop a personalised interaction style with each user, delivering a more intuitive and engaging experience than some existing companion robots on the market. Future development roadmaps for the FLOKI Minibot M1 include customised upgrades for the education, hospitality, and entertainment sectors. In addition, AXONEX is showcasing the NEO (R-100 chassis), a desktop/hanging smart companion robot, which is currently in discussions with various IP partners for collaboration and is expected to be gradually launched to the market in the near future.InnoEX also features the Model Larry L, Model Max M3, and Model Parry P patrol robot series, covering diverse application scenarios such as services, inspection, security, and smart buildings, fully demonstrating the Group’s R&D strength in the AI robotics field. The exhibition area also displays the Group’s latest AI solutions, focusing on areas such as low‑altitude economy non‑aircraft platforms.In addition, AXONEX also showcased a number of its latest in‑house developed AI smart platforms, covering multiple scenarios including home, security, workplace, aerial, and vertical transport, fully demonstrating the company’s innovation capabilities in the robotics and smart systems field. These include Xero Basic, a home robotics operations platform that helps residents manage and monitor robots from different brands; Xero Pro, a ground patrol security platform offering autonomous patrol and real‑time incident response; Optimus, a workplace intelligence platform that integrates real‑time environmental and infrastructure data to enhance management and decision‑making efficiency; Raven, an aerial drone operations platform supporting fleet‑based monitoring, inspection, and rapid response; and OPUS, a universal lift control system that, through its patented lift control button and integrated interface, ensures precise and safe vertical transport for robots via lifts. The launch of these platforms marks an important milestone for the company in smart living and industrial applications, delivering more efficient, safer, and smarter solutions to the market.Mr. Damian Chan, Chairman of the Board and Chief Executive Officer of Mint, said: "AXONEX’s participation in InnoEX is an important step for us to showcase our transformation results and connect with global resources. Our goal is not just to build individual robots, but to build a complete ecosystem covering different types of robots (production, patrol, and companion), intelligent control software, and application scenarios. Through this exhibition, we aim to convey to the global industry the Group’s philosophy of 'empowering humanity through AI and robotics'. Going forward, the company will continue to invest in and expand its AI image analysis platform and intelligent development systems that align with our core business. Our vision is to build a smart industry ecosystem – from space construction, smart insurance, robots, AI data platforms, AI agents, business operations, to industrial data analysis – offering customisable and personalised services and products to clients with different needs. With Hong Kong as our base, we will continue to optimise our products and gradually expand into overseas markets such as Southeast Asia, Japan, and the United States, steadily building a robotics enterprise driven by Hong Kong’s core technologies."The AI and robotics industry is currently facing core demands such as operational efficiency improvement, security control enhancement, and cost optimisation. Automated and smart solutions have become the industry trend. AXONEX’s new semi-humanoid robot NEX addresses market pain points with core technologies including AI vision navigation, precision grasping, and multimodal interaction, effectively tackling industry challenges such as high labour costs in the service sector, difficulties in standardising operations, and the need to improve human‑robot interaction experiences. With the Group’s continuous expansion into overseas markets such as Southeast Asia and Japan, along with ongoing optimisation of Hong Kong’s homegrown technologies, the Group is well‑positioned to leverage its core technological advantages to secure an important place in the global AI and robotics market, helping Mint achieve a comprehensive transformation towards the technology industry.Photo CaptionMr. Damian Chan, Chairman of the Board and Chief Executive Officer of Mint, showcasing the latest robot series at the InnoEX booth.Appendix 1 – Robots Showcased by AXONEX at InnoEXRobot Name and FunctionsNEXFunctions: AI-driven personalised interaction, smart reminders, natural conversation, complex grasping tasks, concierge services, educational tutoring. Applicable to retail, hospitals, hotels, and industrial scenarios, etc.R-300 - FLOKI Minibot M1Functions: AI-driven personalised interaction, smart reminders, natural conversation, concierge services, educational tutoring. Applicable to education, hospitality, and entertainment industries, etc.R-100 Companion CoreFunctions: AI-driven personalised interaction, smart reminders, natural conversation, concierge services, companionship for daily life applications.Model Larry LFunctions: Autonomous following, path planning, obstacle recognition, multi‑robot coordination. Applicable to outdoor patrol, campus security, public facilities, etc.Model Max M3Functions: Autonomous patrol monitoring, anomaly detection, remote communication, video recording. Equipped with 360‑degree panoramic camera, vertical large screens on left and right sides (capable of playing video and images), and elevator box for lift access. Applicable to commercial premises, exhibition venues, multi‑storey buildings, etc.Model Parry PFunctions: Autonomous patrol monitoring, anomaly detection, remote communication, video recording, license plate scanning. Applicable to commercial security, private premises, exhibition venues, etc.Appendix 2 – AI Smart Platforms Showcased by AXONEX at InnoEXFunctionsXero Basic is a platform for managing, automating, and monitoring connected robots within residential environments. Built on Mint Protocol, it enables robots from different manufacturers to operate within a shared system. Key functions include robot setup and mapping, live monitoring, task scheduling, alerts and actions.Xero Pro is an autonomous ground patrol operations platform, enabling continuous surveillance and incident response. Key functions include live surveillance, patrol tracking, incident detection, and security reports.Optimus is a platform for integrating real-time environmental and infrastructure data across workplace environments. Key functions include environmental monitoring, real-time and spatial data visualisation.Raven is an autonomous drone operations platform for managing drone fleets for aerial monitoring, inspection, and rapid response. Key functions include fleet deployment and control, AI, flight planning, incident response, and live aerial monitoring.OPUS features patented lift control button, this intelligent lifting solution creates a seamless communication link between the vision camera, custom-built lift control interface, and the robot. This integrated system delivers precise, responsive, and safe vertical transport, ensuring fully synchronised lifting operations in any environment.About Mint Incorporation LimitedMint Incorporation Limited (NASDAQ: MIMI), a Hong-Kong based enterprise listed on NASDAQ, specializes in artificial intelligence (AI), robotics, and interior design. Through its subsidiary Axonex Intelligence Limited, the company delivers intelligent robotics and facility management solutions to enterprises, real estate, shopping centers, government agencies, and more. Mint also operates Matter International Limited, providing professional interior design and renovation services. With a focus on innovation and practical applications, Mint is committed to enhancing efficiency, safety, and quality of life across industries.Rice Robotics Holdings LimitedRice Robotics Holdings Limited is a renowned leader in autonomous delivery robot solutions, with a strong market presence across Asia. The company specializes in the design, development, and deployment of intelligent robotic systems for logistics and service industries. Its core technology platforms serve high-profile clients in Japan, demonstrating proven reliability in complex operational environments.  With a focus on innovation and real-world application, Rice Robotics is committed to transforming last-mile delivery and service automation, enhancing operational efficiency and redefining customer experiences. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

SuperX Japan Global Supply Center Completes First Batch Delivery, Marking Strategic Partnership Milestone in Japan

SINGAPORE, Apr 13, 2026 - (ACN Newswire via SeaPRwire.com) - April 10, SuperX AI Technology Limited (NASDAQ: SUPX) (“SuperX” or the “Company”), an emerging full-stack provider of AI data center infrastructure solutions, today announced the successful completion of the first batch delivery of high performance AI servers from its Japan Global Supply Center to Digital Dynamic Inc. (“DDI”) on March 24, 2026. This first batch delivery marks an important milestone in SuperX’s strategic partnership with DDI and eole Inc. (TSE Growth: 2334) in Japan and reflects the Company’s commitment to delivering highly reliable, cutting-edge computing infrastructure.  “At SuperX, our mission is to build the bedrock of the global artificial intelligence industry by delivering high performance infrastructure,” said Kenny Sng, CTO of SuperX. “Our strategic partnership in Japan exemplifies this core value. This initial delivery is not merely a transaction; it is the beginning of a deep, long-term collaboration designed to accelerate Japan’s digital transformation and set new standards for technological excellence.” The initial delivery consists of SuperX XI6150 servers configured for the Japanese market. These servers are equipped with a high-performance 6530 CPU and RTX Pro 6000 professional-grade GPU, paired with high-specification memory and storage configurations. The delivery also includes a one-stop service package covering server racking at the customer’s designated data center, hardware power-on testing, asset documentation, and three years of maintenance support. The maintenance program combines 5×8 next-business-day (NBD) remote and on-site services, supported by pre-positioned spare parts where required. Subsequent batches of the same high-performance AI server model are expected to commence delivery and installation from late April 2026 and planned for completion by the end of August 2026. Leveraging Japan’s stringent manufacturing execution standards, the Japan Global Supply Center has established a production line with annual capacity of up to 20,000 AI servers. In support of localized delivery and operational efficiency, a professional local service team has been deployed to integrate global technical resources with a local spare parts network, helping ensure rapid deployment and stable product operation. “The commissioning of the Japan Global Supply Center and the smooth delivery of the first batch of products are an important step for the Company to implement its global strategy,” said Aiko Furukawa, CEO of SuperX Industries Co. Limited, the Company’s wholly-owned subsidiary in Japan. About SuperX AI Technology Limited (NASDAQ: SUPX) SuperX AI Technology Limited is an AI infrastructure solutions provider, offering a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data-centers. The Company's services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, 800 Volts Direct Current (800VDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. Headquartered in Singapore, the Company serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. For more information, please visit:www.superx.sgAbout Digital Dynamic Inc. Digital Dynamic Inc. is one of Japan's fastest-growing AI infrastructure operators, with a rapidly expanding deployment of NVIDIA-based inference GPU resources. In 2026, the company plans to complete AI data centers in Kagoshima Prefecture and Fukushima Prefecture, reinforcing Japan's next-generation AI computing foundation. About eole Inc. eole Inc. is a publicly listed company in Japan with a rapidly growing presence in the domestic GPU server market. The company provides investment and business development support for AI data center development projects, playing an active role in advancing Japan's AI infrastructure ecosystem. Safe Harbor Statement  This press release may-contain forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.Forward-looking statements are only predictions. The reader is cautioned not to rely on these forward-looking statements. The forward-looking events discussed in this press release, including delivery schedules, production capacity, and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. Actual delivery schedules and value of AI servers may vary based on customer data center readiness and supply chain conditions. We are not obligated to publicly update or revise any forward-looking statement, whether-as a result of-uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.Follow our social media:X:@SUPERX_AI_ LinkedIn:SuperX AI Facebook:Super X AI Technology Limited For SuperX: Investor Relations E: ir@superx.sg  Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

Alpha Growth plc: Alpha Longevity Management launches U.S. specialty finance strategy for Japanese institutional investors, led by former members of Nikko Asset Management’s team

LONDON, Apr 13, 2026 - (JCN Newswire via SeaPRwire.com) - Alpha Growth plc, a leading global specialist in longevity assets, insurance-linked strategies, and alternative yield solutions, today announced that its asset management subsidiary, Alpha Longevity Management Ltd (ALM), has launched a U.S.-focused specialty finance and uncorrelated alternatives strategy for Japanese institutional investors, deepening the firm's strategic expansion across Asia's institutional capital markets.The strategy is led by a former senior member of Nikko Asset Management (Amova) investment team, Andre Severino, ALM's Senior Managing Director and Chief Investment Officer, alongside Charlie Devin-Smith, ALM's Managing Director and Senior Portfolio Manager, combining deep expertise in global fixed income, derivatives, liquidity management, and Japanese institutional solutions mandates. As previously stated, both executives previously held senior investment roles within Nikko Asset Management's London-based global fixed income platform, where they were instrumental in managing multi-billion-dollar global bond strategies and supporting the growth of the firm's Japanese institutional franchise.The strategy will be offered through the Alpha Omni Alternative Global Fund, a sub-fund of the Alpha Omni Funds ICAV, and has been specifically developed to address rising demand among Japanese pensions, insurers, trust banks, and family office allocators for stable income-oriented alternatives with low correlation to traditional fixed income and public market beta exposures.The portfolio focuses on U.S. asset-based specialty finance opportunities, with particular emphasis on litigation-linked pre-settlement finance, structured settlement receivables, royalties, and other esoteric contractual cash-flow streams. The strategy targets gross annual returns above 10%, with return drivers designed to remain structurally independent from duration risk, credit spread volatility, and listed market directionality.This positioning is especially relevant for Japanese institutional portfolios as allocators adapt to a higher-rate global environment, more volatile policy paths, and reduced certainty around conventional sovereign and public credit allocations.Andre brings more than 25 years of international investment experience across fixed income, currencies, and derivatives. During his tenure at Nikko Asset Management, he served as Head of Global Fixed Income, overseeing the flagship global bond strategy while contributing materially to the expansion of Japanese institutional solutions, including the development of progressive outcome-oriented mandates for large-scale clients.Charlie adds further depth in portfolio implementation and liquidity management, having previously managed a $4 billion global bond fund and contributed to a broader $16 billion platform with a focus on quantitative and liquidity strategies.By leveraging contractual specialty finance cash flows and event-driven receivables, the strategy seeks to provide diversified return sources distinct from public credit, equity beta, and traditional macro-sensitive fixed income exposures, offering Japanese institutional investors a differentiated sleeve for resilient portfolio income and alternative risk premia.Japan remains a core strategic fundraising market for ALM as the firm continues to build long-term relationships across Asia's consultant, pension, insurer, and trust-bank ecosystem through differentiated private market and insurance-adjacent investment solutions.The Alpha Omni Funds ICAV, domiciled in Ireland and authorized by the Central Bank of Ireland, serves as Alpha's regulated cross-border institutional platform, providing access to diversified portfolios spanning life settlements, annuities, private credit, and alternative yield opportunities.Alpha Longevity Management Ltd - Andre Severinoas@algwplc.comCharlie Devin-Smithcds@algwplc.comUK Investor Relations - Mark Treharneir@algwplc.comAbout Alpha Growth plcAlpha Growth plc is a global financial services specialist focused on longevity assets, insurance-linked investments, and institutional wealth solutions. Through Alpha Longevity Management Ltd, the firm delivers differentiated alternatives, uncorrelated investment strategies, and specialty finance solutions to institutional investors globally, with Japan representing an increasingly important strategic growth market. www.algwplc.com About Alpha Longevity Management LtdAlpha Longevity Management Ltd, a subsidiary of Alpha Growth plc, is a Bermuda-based asset manager focused on longevity and esoteric asset strategies. Through its regulated fund structures in Bermuda and Ireland, the firm provides institutional and high-net-worth investors with access to uncorrelated, long-term investment opportunities across insurance-linked, private credit, and alternative yield markets. www.alphalongmgt.com DisclaimerThis news release relates to the Alpha Omni Funds ICAV and its sub-fund Alpha Alternative Global Fund. The ICAV is an alternative investment fund domiciled in Ireland and authorised by the Central Bank of Ireland as a qualifying investor alternative investment fund. The ICAV is managed in accordance with the Alternative Investment Fund Managers Directive. Investment management services are provided by Alpha Longevity Management Ltd, licensed by the Bermuda Monetary Authority and authorised by the Central Bank of Ireland to act as a non-EU Investment Manager to Irish authorised investment funds.This communication is provided for information purposes only and does not constitute an offer, recommendation or invitation to subscribe for, or a solicitation to purchase, any interests in the Fund. Any such offer or solicitation may be made only in accordance with applicable laws and regulations and on the basis of the Fund's offering documents.This communication is directed solely at professional investors and qualifying investors and is not intended for distribution to retail investors. This communication is not intended for distribution to, or use by, any person or entity in any jurisdiction where such distribution would be contrary to applicable law or regulation.***END***This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

New Chief Executive Named for Singapore Gambling Regulatory Authority

(AsiaGameHub) -   Singapore is set to appoint a new top executive for its gambling regulatory body in June, as Daniel Tan Sin Heng will assume the role of chief executive at the Gambling Regulatory Authority on June 2, succeeding Teo Chun Ching. Good to Know Teo Chun Ching will step down from his chief executive position on June 2, 2026. Daniel Tan Sin Heng, currently serving as Traffic Police commander, will take over the role on the same date. This leadership transition occurs just days after Hoong Wee Teck took on the chairmanship on April 1, 2026. GRA Prepares for Another Leadership Transition Singapore’s Ministry of Home Affairs confirmed the change on April 10. Teo, 52, is leaving his dual role as Gambling Regulatory Authority chief executive while continuing in a senior policing role as deputy commissioner of police for policy. Daniel Tan, 54, will take over after serving as Traffic Police commander. The handover follows closely on the heels of a separate board-level change. Hoong Wee Teck became chairman of the Gambling Regulatory Authority on April 1, replacing Tan Tee How, who had held the position since 2018. Daniel Tan brings a track record in policy and operations across the Ministry of Home Affairs. The ministry stated he previously served as deputy commissioner for policy and transformation at the Singapore Prison Service, director of planning and organisation in the police force, and commander of Central Division.Teo departs after a tenure that reshaped the regulator. The ministry noted he oversaw the 2022 restructuring that transformed the Casino Regulatory Authority into the Gambling Regulatory Authority, expanding oversight from casinos to all gambling products. It also credited him with digital and data initiatives, enhanced system security, advanced analytics work, and support for the 2024 amendments to the Casino Control Act. In Singapore, the regulator oversees a strictly controlled market that includes the casino duopoly of Resorts World Sentosa and Marina Bay Sands, while also covering a broader range of gambling products under its current framework. 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.

Kalshi Secures Temporary Court Relief in Arizona Criminal Case

(AsiaGameHub) -   A federal judge has temporarily halted Arizona from moving forward with its criminal case against Kalshi, granting the prediction market company a short-term court win following the CFTC's intervention. Good to Know The CFTC confirmed it secured a temporary restraining order against Arizona. Arizona charged Kalshi with operating an unlicensed illegal gambling business. The CFTC has also filed comparable legal actions connected to cases in Connecticut and Illinois. Court Grants Kalshi a Temporary Opening in Arizona Arizona had appeared poised to continue pressing ahead against Kalshi. Instead, the case has been paused, at least for the moment, after the CFTC won a temporary restraining order blocking the state from continuing its criminal prosecution. The state had alleged Kalshi was running an illegal gambling business without required licensing. Bloomberg reported earlier in the week that a federal judge had previously allowed the Arizona case to move forward, making the later restraining order a sharp, quick shift in the ongoing legal fight. CFTC Chairman Michael S. Selig framed the ruling as a warning to states that attempt to use local criminal law against federally regulated prediction market companies. “Arizona’s decision to weaponize state criminal law against businesses that comply with federal regulation sets a dangerous precedent, and the court’s order today sends a clear message that intimidation is not an acceptable tactic to get around federal law,” he said.The Arizona dispute is not an isolated matter. The CFTC has also filed lawsuits to block similar state actions in Connecticut and Illinois, arguing that event contracts listed on federally regulated markets fall under federal oversight, rather than a patchwork of conflicting state gambling rules. For Kalshi, the order does not bring the full case to an end. It only buys additional time. Even so, after facing criminal charges in Arizona and mounting new pressure from multiple states, even a temporary halt is a meaningful break in one of the toughest legal battles over prediction markets in the U.S. 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.

ECB Backs EU Proposal to Centralize Oversight of Crypto Firms

(AsiaGameHub) -   The European Central Bank (ECB) has endorsed a European Commission proposal to grant enhanced oversight authority over large crypto companies to the European Securities and Markets Authority (ESMA), providing new backing for a broader initiative to centralize supervision more effectively across the European Union. This initiative also sparks a broader political debate. Critics argue that transferring more power from national regulators to ESMA isn’t just a matter of crypto policy—it’s another move away from national sovereignty and toward greater centralized control over financial operations. From their perspective, the plan could limit both personal financial liberty and the ability of individual EU member states to shape their own regulatory approaches. Good to Know The ECB stated that ESMA’s supervision of large cross-border crypto firms would help decrease regulatory fragmentation. Under the Markets in Crypto-Assets (MiCA) regulation, crypto companies can now obtain a license in a single EU country and offer their services throughout the bloc. The proposal is still subject to negotiations between EU member states and the European Parliament. ECB Adds New Momentum to ESMA’s Crypto Supervision Plan The most significant change in the proposal is straightforward: national regulators will have less control over large crypto firms, while ESMA will gain more authority. In a non-binding opinion released on Friday, the ECB noted that placing systemically important cross-border market entities—including major crypto groups—under the purview of the Paris-based regulator would help reduce fragmentation and enhance financial stability. This would represent a substantial shift in how MiCA operates in practice. Currently, crypto-asset service providers (CASPs) can establish themselves under a single national regulator and then offer their services across the EU via passporting. This framework has allowed firms to select more favorable licensing jurisdictions: for example, Kraken is based in Ireland, Coinbase and Bitstamp in Luxembourg, Bitpanda in Austria, and Bitpanda Asset Management in Germany.The ECB contended that direct ESMA supervision of all CASPs would boost supervisory consistency, lower cross-border risks, and safeguard the integrity of the EU single market. It also highlighted that ties between banks and crypto firms are expanding—either through offering crypto services to customers or directly servicing crypto groups—thereby increasing the risk that disruptions in the crypto sector could spill over into the broader financial system. Resistance to the plan is already emerging. Several smaller EU member states, including Malta, have pushed back, claiming the proposal is premature since MiCA’s rules for CASPs only took full effect in late 2024. Reuters has also documented broader concerns from nations like Ireland and Luxembourg about granting ESMA expanded direct supervisory powers. Despite ECB support, the plan is still months away from becoming law. EU member states and legislators must now negotiate the broader legislative package before the European Parliament can advance it further. The ECB also emphasized that ESMA would require sufficient staffing and funding to effectively oversee major crypto firms directly. FAQ 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.

Apple Refines Smart Glasses Designs, Targeting 2027 Launch

(AsiaGameHub) -   Apple is refining its strategy for smart glasses, currently testing four distinct frame styles in preparation for a projected 2027 release. An official announcement might occur as soon as late 2026. Good to Know Reports indicate that Apple is experimenting with four unique frame designs. The current timeline suggests a 2027 launch, with a potential introduction happening in late 2026 or early 2027. The device is anticipated to forgo screens, concentrating instead on cameras, audio capabilities, calling features, and Siri. Apple Advances Toward Streamlined Smart Glasses Apple seems to be shifting focus from heavy mixed reality experiences to a lighter smart glasses model, conceptually similar to the Meta Ray-Ban eyewear. The initial version is said to lack displays, offering support for photography, video recording, calls, music, and Siri interactions instead. The scope of the design efforts appears wider than previously indicated. According to Bloomberg, summarized by 9to5Mac, Apple is evaluating four styles: a larger rectangular frame, a sleeker rectangular frame, a bigger oval or circular frame, and a smaller oval or circular variant. Colors reportedly being tested include black, ocean blue, and light brown. Essentially, Apple appears to be pursuing a more wearable device following the lukewarm reception of the Vision Pro and setbacks in broader AR initiatives. Recent reports suggest the smart glasses will integrate tightly with the iPhone, functioning more as a daily accessory rather than an independent unit. Cameras are poised to be a key component. Sources state Apple is adopting an oval camera lens design, with the glasses engineered for rapid photo capture and AI-powered assistance instead of immersive visual displays. 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.

Binance Assists UK-Led Operation Targeting Global Crypto Scams

(AsiaGameHub) -   Binance has participated in a cross-border anti-fraud operation led by the UK National Crime Agency, as law enforcement authorities targeted approval phishing and crypto investment scams across three nations. Key Takeaways Over 20,000 victims have been identified through Operation Atlantic Law enforcement bodies froze more than $12 million in alleged criminal earnings Binance confirmed none of the frozen assets are held on its platform Binance Participates in NCA Anti-Scam Operation Over 20,000 victims were identified before Operation Atlantic concluded, making victim protection the most distinct outcome of the week-long initiative. The operation was jointly run by the UK National Crime Agency, US Secret Service, Ontario Provincial Police and Ontario Securities Commission, with Binance joining as a private sector partner. Binance deployed its Special Investigations team to the NCA's London headquarters, where team members conducted real-time account screening and processed scam-related intelligence throughout the operation. The exchange noted its team assisted with identifying victims in real time, supported law enforcement outreach work, flagged suspected malicious actors and located scam websites that remained operational. Approval phishing scams were the core focus of the operation. In these schemes, criminals impersonate investment service providers to trick users into granting access to their crypto wallets. Once that permission is provided, account funds can be fully siphoned off.All assets frozen during the operation are held outside of Binance's ecosystem. Binance stated no funds were seized or frozen from Binance accounts, even as the platform provided investigative support linked to asset seizure efforts. “Operation Atlantic is a strong demonstration of what can be achieved when international agencies and private industry work closely together,” said Miles Bonfield, NCA Deputy Director of Investigations. “This intensive action has resulted in the protection of thousands of victims across the UK and globally, halted criminals mid-operation and helped prevent many other people from losing their funds. We know fraudsters operate across borders, and alongside our international partners, the NCA will target these bad actors no matter where they are based.” “Approval phishing is one of the most harmful scam types targeting crypto users today, and Operation Atlantic highlights how effective anti-crime work can be when private and public partners collaborate to stop fraud at its source,” said Flavio Tonon, Binance Senior Regional Advisor for EMEA. “The inherent transparency of blockchain makes it hard for criminals to hide for extended periods while exploiting victims. We are proud to have played a significant role in protecting thousands of potential victims.” 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.

Three Binion’s Gambling Hall & Hotel Employees Charged with Theft of Nearly $300,000

(AsiaGameHub) -   Las Vegas police report that three staff members at Binion’s Gambling Hall & Hotel stole approximately $300,000 from the cafe’s cash registers over a roughly three-year period, transforming a restaurant audit into a criminal case involving multiple theft charges. Good to Know Law enforcement estimates the total loss at around $298,000. Christina Carbonell and Siraprapha Rattana each face a theft charge for amounts exceeding $100,000. Rommel Soriano is charged with a lesser theft offense linked to sums between $5,000 and $25,000. Binion’s Cafe Audit Uncovers Theft Case A financial review at Binion’s Cafe led investigators to a far more serious issue. Police state that cash vanished from registers between 2022 and April 2025, with the total loss amounting to about $298,000. Authorities later arrested Christina Carbonell, Siraprapha Rattana, and Rommel Soriano in connection with the scheme. According to police reports, hotel security had already detained Rattana when officers arrived. She allegedly told police that she and her co-workers were taking roughly $200 per day. Investigators also reviewed surveillance footage that purportedly showed cash being pocketed from registers. Detectives believe Carbonell and Rattana manipulated transactions by applying unauthorized discounts or lowering totals while keeping the full cash payments. Soriano, who worked as a waiter, is said to have admitted receiving stolen money. Police also noted that video footage showed him helping hide the thefts from surveillance cameras. Investigators then traced significant cash flow across several accounts and found large withdrawals at other local casinos. Both Carbonell and Rattana have pleaded not guilty. Carbonell was released without bond and has a preliminary hearing scheduled for April 20. Rattana posted $20,000 bail and has a court date set for April 22. Soriano also entered a not guilty plea and has a preliminary hearing scheduled for May 21. 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.

UK Allocates £25.4 Million for Gambling Harm Prevention

(AsiaGameHub) -   The UK government has announced its inaugural significant prevention grants funded by the statutory gambling levy, with a provisional allocation of £25.4 million earmarked for 33 organizations across England for the 2026–2028 period. This funding is part of the levy's prevention initiative, which has accumulated nearly £120 million to date. Key Details A provisional sum of £25,441,281 has been distributed among 33 voluntary, community, and social enterprise (VCSE) groups. Major provisional beneficiaries include GamCare, YGAM, and Betknowmore. An additional £12 million is designated for upper-tier local authorities for the 2026–2027 period. Distribution of Levy Funds Commences GamCare is the largest recipient in this initial round of prevention funding, set to receive £4.04 million. YGAM is allocated £3.0 million, and Betknowmore is slated for £2.99 million. BetBlocker is also included with £1.12 million, while remaining grants vary between approximately £140,000 and £1.3 million. These awards are currently provisional pending the finalization of grant agreements. The Office for Health Improvement and Disparities (OHID) stated that these funds were awarded following a closed application process, evaluated against established criteria and subject to due diligence. Organizations were required to disclose any conflicts of interest and commit to ending direct industry funding, with the exception of National Lottery and social lottery contributions. These grants are intended to support prevention and resilience initiatives rather than clinical treatment. OHID noted that the objective is to foster equitable, innovative prevention strategies and assist organizations in developing sustainable projects. Concurrently, NHS England is managing a separate grant program for VCSEs focused on treatment services.Further funding is planned for the local level. The government confirmed that £12 million from the same levy will be provided to upper-tier local councils for the 2026–2027 financial year, with a subsequent £12 million anticipated for 2027–2028. The broader framework is also significant. Under the statutory levy system, OHID oversees prevention funding, the majority of resources are directed toward treatment and support, and research is managed via UK Research and Innovation. This structure replaces the previous voluntary funding model. FAQ 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.

Golden Nugget Atlantic City Finishes Casino Upgrade Project

(AsiaGameHub) -   Golden Nugget Atlantic City has completed a multi-million dollar renovation of its casino, introducing new slot games, a specialized lounge, and a refreshed atrium. This recent initiative follows the hotel room upgrades that were finished the previous year. Good to Know A new Lightning Link Lounge has been added by Golden Nugget Atlantic City adjacent to Bar 46 Seventeen new slot machines have been installed on the main casino floor The project also included enhanced slot displays, new seating, and improvements to the atrium Golden Nugget Atlantic City Adds New Slot Areas As a key component of the recent renovation, a new lounge for slot machines has been established near Bar 46. Named the Lightning Link Lounge, this space offers games such as Lightning Link, Dollar Storm, Mo Mummy, and the Buffalo Gold Collection. An additional 17 new slot machines have been introduced to the main gaming area. The new selections feature Dragon Link, Buffalo Ultimate Stampede, Kong: Skull Island, Goldfish Re-Spin Party Diver, and Dancing Drum Tower. Further enhancements on the casino floor include modernized iView displays on numerous slot machines, which allow players to conveniently view their comp balances, accumulated tier credits, and card status. The property has also installed new chairs for all slots and created a new gaming section within the Party Pit.Beyond the gaming areas, the main atrium has been revitalized with new carpets and contemporary finishes for a brighter appearance. These updates are part of a wider property enhancement strategy that commenced with last year's hotel room modernization. “We are constantly seeking methods to enhance the Golden Nugget experience for our guests,” stated Tom Pohlman, General Manager of Golden Nugget Atlantic City. “From launching new games and technology to updating our facilities and improving guest convenience, each adjustment is focused on delivering a fun, welcoming, and unforgettable experience for our guests.” While Pohlman did not reveal the total investment for the project, the scope of the work encompassed both the slot offerings and significant public spaces throughout the property. 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.

Caesars Entertainment has launched Harrah’s Oklahoma in collaboration with the Iowa Tribe of Oklahoma, marking its debut managed property in the state.

(AsiaGameHub) -   Caesars Entertainment, in collaboration with the Iowa Tribe of Oklahoma, has launched Harrah’s Oklahoma, marking the company's inaugural managed venue in the state. Situated in the Chandler region, the new casino is promoted as a novel tourism and entertainment destination on the Route 66 corridor. Good to Know Harrah’s Oklahoma represents Caesars' first managed property in Oklahoma The facility features over 1,000 slot machines, a dozen table games, and a dedicated high-limit section The project is anticipated to generate over 300 new positions Harrah’s Oklahoma Opens Near Route 66 The property commenced operations on Thursday with a ribbon-cutting ceremony featuring tribal leaders and Caesars executives. The opening day festivities encompassed live entertainment, appearances by local celebrities, inaugural gaming sessions on the casino floor, and a fireworks display. Adding a local sports flair to the debut, Barry Switzer and Bob Stoops participated in ceremonial first-play activities as the venue welcomed its first visitors. The 173,000-square-foot complex houses more than 1,000 slot machines, 12 table games, and a separate high-limit gaming space. Dining options consist of Arrow & Ember, offering modern American cuisine like steak, lobster bisque, and gourmet burgers, alongside Dash Café for faster fare such as smashburgers, pizza, and breakfast burritos.Located approximately 50 miles northeast of Oklahoma City near Chandler, Caesars and tribal leaders are marketing the property to travelers on Route 66, particularly with the highway's centennial celebration approaching in 2026. This is expected to boost tourism in the vicinity, drawing visitors en route to attractions like the Seaba Station Motorcycle Museum in Warwick. Patrons can utilize the Caesars Rewards program at the location, accumulating and using credits not just at Harrah’s Oklahoma but also at other Caesars destinations, including Las Vegas, Atlantic City, Lake Tahoe, and New Orleans. “This is a milestone moment for our team, our partners, and the Chandler community,” stated Joe Scibetta, SVP and General Manager of Harrah’s Oklahoma. “We’re proud to officially open our doors and introduce a destination that delivers the Harrah’s experience while creating something new and exciting for Oklahoma.” For the Iowa Tribe of Oklahoma, the initiative is viewed as a long-term economic development endeavor as much as a gaming venture. “Harrah’s Oklahoma brings new energy to our community and creates meaningful opportunities for future generations,” remarked Jake Keyes, Chairman of the Iowa Tribe of Oklahoma.According to officials, the development is projected to yield more than 300 employment opportunities in areas such as gaming, hospitality, food service, security, and administration. Both Caesars and tribal leadership also envision the property as a regional attraction pulling in guests from throughout Oklahoma and neighboring states. 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.

Lawmakers Demand Scrutiny of Questionable Polymarket Wagers on Iran Conflict

(AsiaGameHub) -   Congress is calling for a deeper examination of Polymarket following a series of well-timed geopolitical wagers, with recent trading related to the Iran conflict now at the core of the scrutiny. Bipartisan lawmakers are voicing concerns over potential insider trading as the platform works to reestablish a path to operate in the U.S. market. Good to Know Rep. Ritchie Torres has requested the CFTC to look into recent Polymarket trading linked to the Iran conflict. Sen. Richard Blumenthal also sent a letter to Polymarket seeking clarifications on its contracts tied to war and violent events. Polymarket still operates primarily offshore, though it has launched a limited U.S. rollout as it pursues a legal route for full reentry into the market. Congress Ramps Up Pressure on Polymarket Polymarket is facing renewed pressure in Washington after a group of accounts placed large wagers on a U.S.-Iran ceasefire shortly before President Donald Trump announced the policy on social media. According to AP reporting, at least 50 newly opened accounts placed these bets and did not conduct any other trades on the platform. That unusual trading pattern prompted Rep. Ritchie Torres to send a letter to the Commodity Futures Trading Commission, the regulatory body overseeing derivatives markets including prediction platforms. “This pattern raises significant concerns that certain market participants may have had access to material nonpublic information about a market-moving geopolitical event,” Torres wrote. Torres was even blunter in remarks to The Associated Press. “What is the statistical probability that anyone other than an insider trader would place a winning bet 12 minutes before a market-moving presidential announcement,” Torres said in an interview with the AP. “There are two answers: God, or an insider trader. And something tells me that God is not placing bets on the content of Donald Trump’s posts on Truth Social. “ Blumenthal added further pressure with a separate letter to Polymarket focused on contracts tied to war and violence, as well as the platform’s safeguards against insider trading. “Polymarket has become an unprecedented illicit market for selling and exploiting national security secrets, and by extension a potential honeypot for foreign intelligence services monitoring these same suspicious bets and wagers,” Blumenthal wrote. Lawmakers are not limiting their scrutiny to this single incident. The AP also highlighted earlier cases, including roughly $400,000 in profits from a wager tied to Nicolas Maduro, and around $550,000 in gains linked to bets on a U.S. strike on Iran and the removal of Ali Khamenei. A Harvard study published last month estimated that $143 million in Polymarket profits may be connected to traders with access to nonpublic information. Republicans have also raised objections to event contracts centered on geopolitical outcomes. Rep. Blake Moore said, “We do not want to envision a world where America’s adversaries use prediction markets to anticipate our next moves.” At least two bipartisan bills, one in the House and one in the Senate, are already under review. 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.

Marius Kudzmanas Claims WSOP Europe Main Event Title for €2 Million

(AsiaGameHub) -   Marius Kudzmanas wrapped up WSOP Europe with the biggest live tournament win of his career, claiming the Main Event title and €2,000,000 in prize money. This result also earned him the custom-made WSOP Europe Main Event Champion gold bracelet, and adds a high-profile live achievement to a resume that already featured two online WSOP bracelet wins. Good to Know Marius Kudzmanas took home the WSOP Europe Main Event title and collected €2,000,000 in prize money The Main Event attracted 2,617 entries and generated a €13,085,000 prize pool WSOP Europe awarded 15 gold bracelets and distributed more than €39,500,000 in total prizes across the series WSOP Europe Concludes With a Record-Setting Main Event Prior to the Main Event winner being confirmed, WSOP Europe had already delivered one of its strongest festival runs on the continent. Players from over 80 countries participated in bracelet events throughout the series, with 15,779 total entries recorded and more than €39,500,000 paid out in prizes. For the European poker community, these figures gave the festival added significance and helped cement its status as a major stop on the live tournament calendar. Then came the headline-making final finish. The €5,300 WSOP Europe Main Event became the largest open poker event in European history, producing a €13,085,000 prize pool from 2,617 total entries. Kudzmanas outlasted the entire field to secure the title, and his run stood out for his skilled management of a large chip stack. WSOP cited his balanced yet aggressive playing approach as a key driver of his victory. This result holds meaning for Kudzmanas on multiple levels. He already had two online bracelet wins to his name, so the Main Event victory now gives him a live WSOP Europe title to complement his past success in the digital poker space. Put simply, he has proven he can perform at the highest level on both platforms. WSOP also highlighted another standout result from the festival, as Anna Eggenberger of Switzerland won the inaugural WSOP Europe €1,000 Ladies Championship. She outlasted a 197-player field to earn her first gold bracelet, in what has been described as the largest ladies championship event ever held outside Las Vegas. WSOP executives emphasized the unprecedented scale of the series once play came to a close. “We are absolutely thrilled with the phenomenal success of this year’s WSOP Europe, which has set new parameters for poker on the continent,” said Ty Stewart, Chief Executive Officer of WSOP. “The enthusiasm and incredible turnout, particularly for the record-breaking €5,300 Main Event, has been unprecedented. Congratulations to Marius Kudzmanas for etching his name into the history books as our newest champion.” Gregory Chochon, Chief Operating Officer of WSOP, also noted the collective effort behind the festival's successful results. “This edition of WSOP Europe was the best yet, and we’d like to sincerely thank all of the players, dealers, staff, partners, and media that came together to make the festival so special. A core WSOP goal is to continually refine and improve our events – with that in mind, we can’t wait for the action to kick off next month in Las Vegas!” 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.

Brazil Betting Market Under Pressure as Lula Warns of Ban

(AsiaGameHub) -   The online betting sector in Brazil is facing renewed political scrutiny after President Luiz Inacio Lula da Silva reiterated his intention to close the industry if regulations fail to mitigate damage. These remarks arrive as the country approaches its general election in October. Good to Know Lula stated that he is engaged in serious discussions regarding the termination of online betting platforms within Brazil The annual revenue from online betting in Brazil is projected to exceed $4 billion Implementing a prohibition would require legislative backing, yet numerous legislators hold interests aligned with the betting sector Lula Reintensifies Pressure on Brazil's Online Betting Sector President Luiz Inacio Lula da Silva has once again targeted Brazil's online betting market, declaring he would shutter the platforms if he possessed the authority. He connected the issue to increasing household debt and emphasized the government's serious approach to the matter. “I am deeply worried about the indebtedness of the Brazilian people,” President Luiz Inacio Lula da Silva, commonly known as Lula, remarked on Wednesday. “If these platforms cause harm, why don’t we end them? We are discussing this very seriously.“ Lula maintained an equally direct stance in a separate interview. “If it is up to me, we close them,” Lula stated during a conversation with ICL Noticias this week.This stance aligns with Lula's previous statements and the broader policy of his administration. In 2024, officials indicated that a complete prohibition on online sports betting remained a possibility if regulations could not address addiction issues. Since that time, authorities have enforced stricter regulations, blocked thousands of unauthorized websites, and readied the market for the official launch of sports betting in 2025. Nevertheless, the magnitude of the market renders any abrupt cessation a significant political and economic event. Brazil stands as one of the largest online betting markets globally, with estimated yearly revenues surpassing $4 billion. Concurrently, over 80% of Brazilian households are in debt, according to a report by the commerce and service confederation referenced in reports on Lula's comments. Analysts have partially attributed this financial strain to betting activities. Lula has frequently characterized online gambling as “a massive tragedy” for families. This rhetoric is significant as it demonstrates that the issue transcends taxation, licensing, or market oversight. For Lula, the primary concern is social detriment, which sustains the possibility of stricter measures as the election campaign nears. However, enacting a ban would not be straightforward. Lula has acknowledged that such a measure would require Congressional endorsement; however, support for betting interests remains robust within the legislature. Consequently, the disparity between political discourse and legal reality persists, even as pressure mounts regarding Brazil's online betting, sports betting regulation, gambling addiction, and betting taxation. 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.

121 South Korean Teenagers Confess to Gambling Crimes Under Police Amnesty

(AsiaGameHub) -   South Korean police say their crackdown on teen gambling is delivering positive results, as law enforcement agencies across the country roll out amnesty periods. As part of a program in Gyeonggi Province, the region surrounding Seoul, officers confirm 121 young people have submitted “voluntary confessions” for gambling-related offenses, according to South Korean news agency Yonhap. The police force’s campaign operates a series of three-month self-reporting windows. During these periods, law enforcement notes that people who turn themselves in are eligible for clemency and access to resources for gambling addiction support. Officials said the most recent amnesty period was held from January 1 to March 31. Police added that they have carried out follow-up investigations into 117 of the individuals who came forward. Over the course of the force’s latest amnesty period, police called on parents and guardians of young people with gambling addictions to step forward. Officers stated that parents and guardians can expect lenient treatment for the minors in their care during the amnesty. Gyeonggi Southern Provincial Police representatives said 109 people, making up 90.1% of the total, submitted confessions for their own offenses. The remaining 12 individuals had their gambling-related crimes reported by their parents or guardians. Gyeonggi Southern Provincial Police officers. (Image: @gyeonggipol/Facebook) Pledges of Leniency Officials said 81 of the confessors are high school students, while the remaining 40 are currently enrolled in middle school. Most of the teens told police they began gambling after getting “suggestions from friends” or after coming across online advertisements for gambling platforms. Young offenders who gambled small sums may avoid formal penalties and only receive a caution, police said. Repeat offenders or people who spent large amounts on gambling may face further investigations, officers added. Police said they will consider a wide range of factors during the amnesty period when determining whether to press charges. Teen offenders who show sincere remorse and make consistent efforts to quit their gambling habits may avoid punishment entirely, a spokesperson said. The spokesperson noted the amnesty had produced “meaningful outcomes” and committed to launching further amnesty programs in the future. Police said young people who want to voluntarily report their offenses can reach out to a toll-free police hotline. “Voluntary reporting is not a loophole to evade punishment. It is a first step toward genuine recovery,” said Hwang Chang-sun, the Gyeonggi Southern Provincial Police Commissioner. “We will keep providing support services to young people.” Teen Gambling: More Provincial Law Enforcement Launch Targeted Campaigns Gyeonggi’s announcement follows shortly after the launch of a new teen amnesty program in South Gyeongsang Province. Police in South Gyeongsang Province said residents under 19 living in the area can come forward before the end of June to make confessions. Officers added that people who do so will get access to specialized counseling from care professionals. A similar initiative that concluded in February led to six teens submitting confessions. 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.

A Belarusian woman may face 12 years in prison after squandering her friends’ money in online casinos

(AsiaGameHub) -   A woman from Belarus is facing a potential prison sentence of 12 years after allegedly borrowing 65,000 rubles (valued at over $22,000) from friends and acquaintances and losing the funds through online gambling. According to reports by the Belarusian media outlet Brest City, police have identified the woman—who remains unnamed due to legal regulations—as a 45-year-old inhabitant of the city of Brest. The woman has been taken into custody by law enforcement officers. Investigators stated that the suspect obtained funds from her friends using “various pretexts” and repeatedly postponed repayment. Authorities claim to possess proof indicating that the full sum of $22,000 was wagered and lost on online gambling sites. Police reported that six individuals, all living in Brest, suffered financial losses because of these actions. The suspect has been formally charged with fraud by investigators, who are also examining other potential aspects of her criminal behavior. Seized Belarusian currency from a suspect involved in gambling-related offenses. (Image: @PressMVD/Brestcity/Telegram/Screenshot) Increase in Gambling-Related Offenses in Belarus This incident represents the most recent addition to a series of alleged crimes connected to gambling within Belarus. Earlier this month, the Belarusian news source SB.By disclosed that police had filed charges against a resident of Mogilev, the nation's third-largest city, for theft linked to gambling. Authorities from the Mogilev Regional Executive Committee Department of Internal Affairs have accused an unnamed male suspect of stealing funds from his employer. They allege that the 24-year-old man stole approximately 3,000 Belarusian rubles (exceeding $1,000) and utilized the money for slot machine gambling. Both the suspect and his supervisor are employed by a state-owned enterprise. According to police, the suspect noticed his boss's locker was unsecured and took a wallet containing the cash. “The accused spent all the money on slot machines the same day as he stole it,” stated Alexander Vasilenko, the department's Deputy Head. Officers reported that once the theft was identified, the suspect tried to hide his participation and “even pretended to help his boss search” for the missing wallet. Robbery at a Hardware Store Last week, the same media outlet reported that a gambling addict from Mogilev was accused of stealing merchandise valued at 8,000 rubles (approximately $2,750) from a hardware store. The suspect reportedly sold the stolen items and used the generated funds to play slot machines. Law enforcement identified the suspect as a 34-year-old man with a history of fraud convictions. Authorities stated that he submitted falsified payment orders and associated documents to the store's staff. This deception enabled him to steal several high-value construction tools, according to police. In January, the Belarusian administration revealed its intention to establish a national registry for slot machines. The government in Minsk indicated that this proposal is a component of broader significant reforms targeting the gambling sector. 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.

Barstool Sports Personality ‘Big Ev’ Vanishes After ‘Stiffing’ Accusations Become Public

(AsiaGameHub) -   Barstool Sports personality “Big Ev” (Evan McDowell) is confronting several allegations from fans claiming he “stiffed bookmakers” and “did not reimburse followers” who placed bets on his behalf. Initially covered by Awful Announcing, McDowell vanished from Barstool’s betting program, Picks Central, and social media platforms soon after the accusations became public. Furthermore, he has been omitted from Barstool’s advertising content within the DraftKings application. The initial post that accused McDowell—which has since been erased along with the user account—stated: “@stoolpresidente, @PicksCentral, @BarstoolBigCat, @DoubleVodkaDon big ev is a scumbag who dms stoolies for bookies then robs them and ghosts when he loses.” Victims Share Similar Accounts of Being ‘Stiffed’ The first victim agreed to connect McDowell with his bookie because McDowell provided better odds on a football match. He was subsequently informed that McDowell “had not paid his losing bets and had not responded to the bookie’s repeated inquiries.” The bookie informed the victim that the losses, totaling in the mid-four-figures, would be taken from his account. “I’m usually a private person when it comes to gambling and things, especially when it’s not via the apps,” he shared. “I don’t like to air out people’s business, especially if it’s a misunderstanding. But when it was brought to light that this happened to other people, I realized it wasn’t just me.” A second victim introduced McDowell to a “friend of a friend” and reported losing over $15,000 that was never settled. “I just got made aware he wasn’t paying up, so I was told I had to pay a portion of the debt for referring him,” he stated. “Kinda just got caught in the middle. My buddy who had the connect is a good friend, so I didn’t want him to get screwed over.” The individual was later notified that the bookie had been fully paid. Two screenshots posted online showed attempts to settle the payment disputes. McDowell answered one, but ignored the other. “Hey man, I gotta reach out about this situation with the bookie I connected you with. I was a big fan of yours and Barstool, so I was stoked to help out when you asked, but things have gone south quick. He says you stiffed him within like two weeks, and now he’s coming at me hard, holding me responsible since I made the intro. It’s putting a real strain on my friendship with him, and honestly, I feel pretty f***** over with how quickly this happened after I vouched for you. I get that stuff happens, but can you sort this out? l’d appreciate it if you could make it right with him so this doesn’t blow up more.”  McDowell answered, “I’m taking care of it bro no worries I got you I’m not stiffing him.” “Hey I got this guy telling me I’m gonna be on the hook for $17k if he can’t get ahold of you? He said he’s willing to figure it out but if you can reply to him would be much appreciated. I’m not looking to be in the middle of it.” McDowell did not reply. Silence Regarding Big Ev’s Status at Barstool McDowell is absent from Picks Central, which shut down its live chat function during the broadcast after being overwhelmed with questions about McDowell’s situation. No official explanation has been issued by Barstool. McDowell had been active on social media but ceased posting shortly after the allegations surfaced. This occurred during the Final Four, and the “absence of posts appears linked to the accusations.” One victim expressed concern for McDowell, remarking, “If Big Ev does have a problem, I hope he gets help. Gambling addiction is serious, and it’s ruined a lot of lives. I don’t want him losing his job and his income over this, but I hope he gets help if he needs it.” 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.