马克龙在非洲峰会上擅自上台,批评现场参会者缺乏尊重

(SeaPRwire) -   法国总统埃马纽埃尔·马克龙在肯尼亚内罗毕举行的“非洲前进峰会”(Africa Forward Summit)上未经邀请便走上讲台,对与会者进行公开训斥,指责他们“完全缺乏尊重”,此举引发了广泛批评。周一的现场视频显示,马克龙在名为“‘非洲前进:创新进行时’青年对话会”的环节中突然起身走向舞台。该环节邀请了艺术家和年轻企业家围绕文化与创新发展发表演讲。“请大家安静一下,”马克龙对听众说,“很抱歉,伙计们。我们不可能一边大声喧哗,一边谈论文化,还让那些深受启发的人来这里做演讲。”他继续说道:“这就是一种完全缺乏尊重的表现。我建议,如果你不想听别人讲话,或者想讨论别的话题,你可以去参加双边会谈,或者离开这里。如果你想留下,那就请遵守规则,认真倾听。”马克龙的这番言论立即引发社交媒体上的猛烈抨击。来自津巴布韦的前国会议员法达齐亚·马赫尔(Fadzayi Mahere)在X平台(原推特)上公开质问马克龙:“尊敬的@EmmanuelMacron,我不认为您以这种方式居高临下地对我们大陆人民说话是礼貌或恰当的。他们不是您的孩子。请不要摆出高人一等的姿态。设想一下,如果一位国家贵宾在您自己的国家也这样做,会不会被接受?我认为不会。”另一位拥有310万粉丝的肯尼亚-加拿大籍律师米贡加·米贡加博士也在社交媒体发文称:“@EmmanuelMacron,非洲人不需要您的许可才能在非洲发言。”据当地媒体报道,米贡加已于今年一月宣布参选2027年肯尼亚总统大选。《现代加纳》(Modern Ghana)周一发布的报道指出,此次干预颇具讽刺意味——马克龙此行本意是向非洲国家展示法国正在推动建立更加平等、相互尊重的伙伴关系,摆脱长期以来被批评为父权式后殖民模式的旧有关系。事件发生在内罗毕举行的“非洲前进峰会”期间,超过30位非洲领导人、企业高管及青年创业者齐聚一堂,就经济发展、创新与亚欧合作展开讨论。肯尼亚标准媒体(Standard Media)报道称,这场风波为峰会蒙上了一层不寻常的阴影,部分民间社会组织甚至将此次为期两天的峰会称为“帝国主义的重新包装”。此次插曲凸显了马克龙面临的重重挑战:在法国从西非多国撤军、双方关系长期紧张的背景下,如何重塑与非洲的关系。据《现代加纳》记者穆斯塔法·巴图勒·萨拉萨姆(Mustapha Bature Sallama)报道,马克龙周一还在内罗毕大学的学生面前表示:“非洲正在取得成功”,并强调非洲需要投资以增强自身主权,而非依赖发展援助。他还承认法国目前面临财政压力。近年来,马克龙愈发重视与非洲青年、创业者和文化领袖的合作,巴黎方面正据此调整其对非战略,以应对俄罗斯、中国和土耳其在该地区日益增长的影响力竞争。路透社为本报告提供素材。本文由第三方内容提供商提供。SeaPRwire (https://www.seaprwire.com/)对此不作任何保证或陈述。 分类: 头条新闻,日常新闻 SeaPRwire为公司和机构提供全球新闻稿发布,覆盖超过6,500个媒体库、86,000名编辑和记者,以及350万以上终端桌面和手机App。SeaPRwire支持英、日、德、韩、法、俄、印尼、马来、越南、中文等多种语言新闻稿发布。

伊朗政权核心人物可能在美伊谈判失败时效仿阿萨德投奔俄罗斯:专家分析

(SeaPRwire) -   随着美国-伊朗高层谈判似乎陷入僵局,德黑兰领导层内部高级官员可能寻求逃往俄罗斯,以"继续其颠覆活动并破坏任何新政权",一名分析家发出警告。此次谈判破裂之际,以色列总理本雅明·内塔尼亚胡在接受CBS《60分钟》节目采访时也表示,推翻伊朗政权现在甚至可能成为一个现实的结果。内塔尼亚胡指出,任何政权更迭都将 dismantle 德黑兰全球恐怖代理网络的"脚手架",也可能终结真主党在该地区的影响力。"如果伊朗政权崩溃,整个恐怖代理网络的基础都将随之崩塌,"内塔尼亚胡表示。"我认为无法预测这何时会发生。是否可能?是的。是否确定?不,"他警告说。随着外交途径可能已用尽,且政权稳定性受到质疑,一位专家暗示,任何领导层的退出策略可能与叙利亚总统巴沙尔·阿萨德相似——后者于2024年逃离叙利亚。"如果局势进一步恶化,一些高级官员可能效仿巴沙尔·阿萨德的亲信,寻求在俄罗斯获得庇护,"中东问题专家赛义德·戈尔卡对 Digital 表示。戈尔卡是"联合反对核伊朗"组织的高级顾问,他指出目的地选择很可能取决于职位级别。虽然像议会议长穆罕默德·巴赫尔·哈利巴夫这样的最高指挥官可能会前往莫斯科,但低级官员则更可能在伊拉克或阿富汗寻求庇护,因为伊斯兰革命卫队在这些地区保持运作联系,他澄清道。"对于最资深的官员来说,俄罗斯很可能是最可能的 destination,正如我们在巴沙尔·阿萨德身上看到的那样,"戈尔卡表示,并指出许多官员早已将财富转移至"伊朗境外的金融网络"。当前危机始于2026年初" epic fury行动"开始后不久,阿里·哈梅内伊大阿亚图拉去世。尽管他的儿子莫贾塔巴·哈梅内伊已被指定为继任者,但报告持续显示他在袭击中受重伤,并已缺席最近的谈判。戈尔卡解释说,"隐形国家"或称贝特-拉赫巴里亚,是设计用来在被斩首情况下仍能生存,而领导人逃跑的意识形态代价将很高。"在政权意识形态文化中,在国家崩溃期间离开该国将被视为临阵脱逃,"戈尔卡指出。然而,随着军事裂痕加深,继任顺序仍不确定,寻求俄罗斯保护的"阿萨德模式"对高层人士而言似乎越来越有吸引力。戈尔卡补充说,莫贾塔巴"要么已经死亡,要么状况极差,以至于无法发送任何视频或语音信息"。"如果他因伤去世,就没有明确的 natural successor。他是政权的延续。""尽管如此,该系统是为危机中的连续性而设计的,"戈尔卡表示,并补充说目标是"确保即使在正式机构受损、领导人被杀或民选政府停止运作的情况下,政权也能生存"。"我会将其描述为不仅为了执政,而是始终试图在被斩首情况下生存的政权,"戈尔卡补充道。本文由第三方内容提供商提供。SeaPRwire (https://www.seaprwire.com/)对此不作任何保证或陈述。 分类: 头条新闻,日常新闻 SeaPRwire为公司和机构提供全球新闻稿发布,覆盖超过6,500个媒体库、86,000名编辑和记者,以及350万以上终端桌面和手机App。SeaPRwire支持英、日、德、韩、法、俄、印尼、马来、越南、中文等多种语言新闻稿发布。

斯塔默处境危急:英国首相为生存而战,工党在地方选举中惨败

(SeaPRwire) -   英国首相基尔·斯塔默爵士周一为保住自己的职位而战,尽管面临党内日益增加的压力以及亲密助手的一波辞职潮,他拒绝让位。据报道,在超过70名工党议员公开敦促这位工党领袖辞职后,要求其下台的呼声加剧,同时数名议会助理也辞职以示抗议。这场日益壮大的反叛对斯塔默来说发生在一个关键时刻,他的权威因政治和经济挫折而动摇。正如 Digital 此前报道,直接的导火索是5月8日地方选举结果中的惨败,工党在英格兰各地失去了数百个地方议会席位,在威尔士放弃了长期持有的阵地,并在苏格兰落后于竞争对手。YouGov最近的一项民意调查也发现,约半数英国人认为斯塔默应该下台。与此同时,英国借贷成本上升加剧了人们对政府经济及公共服务政策以及生活成本未能缓解的担忧。据美联社报道,斯塔默还因其任命杰弗里·爱泼斯坦的朋友彼得·曼德尔森为英国驻华盛顿大使的决定而受到打击。在苏格兰,约翰·斯温尼取得决定性胜利,使工党的困境暴露无遗,这对斯塔默的权威造成了进一步打击。这一结果引起了唐纳德·特朗普总统的注意,他公开祝贺斯温尼,并似乎对斯塔默进行了抨击。特朗普与斯塔默的关系已经变得紧张,总统曾表示:"我们打交道的这位可不是温斯顿·丘吉尔",并抨击这位英国领导人在对伊朗战争开始后不愿让美国战机使用其基地。与此同时,斯塔默在周一所谓的"重启"演讲中语气强硬,坚称自己不会辞职。他说:"我承担起不离开、不让我们的国家陷入混乱的责任,就像保守党所做的那样。"呼吁变革的议员之一萨姆·卡林表示,斯塔默"不是"重振这个陷入困境的政党的"合适人选"。他说:"因此,我与来自英国各地的工党同僚一起,敦促首相为了我们的运动和所服务的人民而下台。""我们已经取得了如此多的进展,但如果我们继续目前的路线,这将不会持久。"前部长凯瑟琳·韦斯特领导了将挑战正式化的努力,呼吁最早在9月制定选举新领导人的时间表。有三个人物被视为接替斯塔默的热门人选。大曼彻斯特市长安迪·伯纳姆需要重返议会才能发起竞选,而安吉拉·雷纳则仍需应对过去税务问题的余波。卫生大臣韦斯·斯特里廷被视为更直接的竞争者。根据工党规则,如果有足够的支持聚集在一位挑战者身后,通常是通过议员和附属团体的提名,就可以触发领导人竞选。如果斯塔默辞职,该党将进入正式的竞选期,最终由党员投票决定。本文由第三方内容提供商提供。SeaPRwire (https://www.seaprwire.com/)对此不作任何保证或陈述。 分类: 头条新闻,日常新闻 SeaPRwire为公司和机构提供全球新闻稿发布,覆盖超过6,500个媒体库、86,000名编辑和记者,以及350万以上终端桌面和手机App。SeaPRwire支持英、日、德、韩、法、俄、印尼、马来、越南、中文等多种语言新闻稿发布。

Is Kenya poised to reverse course on its gambling tax strategy?

(AsiaGameHub) -   Gambling is poised to become a key focus within a series of comprehensive reforms targeting Kenya’s tax system. A draft version of the country’s 2026 finance bill, submitted to the National Assembly, outlines intentions to reinstate a 20% withholding tax rate—reversing the decision made in October 2025 that had lowered it to 5%. The proposal also revises the timing at which this tax is applied. Previously, under changes introduced by the Finance Act 2025, the 5% tax was levied when a player withdrew funds from their betting account. If enacted, the 20% rate will be imposed on the net winnings—calculated as the amount won minus the stake placed by the player. The earlier move to reduce the tax rate was proposed by the Parliamentary Budget Office with the aim of increasing government revenue from Ksh 5.4 billion (£32.9 million) to Ksh 11.4 billion (£69.54 million). However, the swift reversal suggested by the current proposal indicates that the previous policy may not have achieved its projected success. In addition to changes affecting taxable winnings, the bill broadens the definition of taxable deposits to encompass “all funds intended for gambling purposes,” which are also subject to a 5% tax. The legislation states: “‘Amount deposits’ refers to the total value of money or equivalent assets transferred or otherwise provided for betting or gambling activities. This includes contributions made by either the player or the operator, whether in cash, cash equivalents, or through accounts managed by players, operators, or licensed entities. It also covers conversions into instruments such as chips, tokens, tickets, credits, or similar forms.” This revised definition expands the scope of taxable betting funds beyond the prior classification, which limited taxation to amounts deposited directly into a customer’s betting wallet. Unintended consequences Beyond direct increases in gambling-related taxes, the bill may also affect Kenya’s gambling sector through measures targeting mobile devices. If passed by Parliament and signed into law by President William Ruto, a 25% excise duty will be applied upon activation of mobile phones and associated communication devices. The rapid growth of gambling across Kenya and throughout Africa has largely been driven by rising access to mobile technology across the continent. Such a tax increase could elevate the cost of imported smartphones, potentially slowing the adoption of mobile devices in Kenya and, consequently, limiting the ability of the online gambling industry to reach new users. Regulatory changes take hold Kenya’s gambling market continues to implement reforms outlined in the Gambling Control Act, 2025—a legislative update designed to modernize the sector and replace outdated laws dating back to the 1960s. As part of these reforms, the Gambling Regulatory Authority (GRA) has been established to replace the Betting Control and Licensing Board (BCLB). In March, the GRA announced the appointment of Peter Maina Karimi as its new Director General, tasked with guiding the transition process. The updated Gambling Control Act provides technical guidelines governing betting operations, casinos, and lotteries, while also aiming to reduce social harms associated with gambling. Upon his appointment, Karimi pledged to introduce stricter controls against illegal gambling activities and enhance responsible gambling safeguards. 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.

ReferOn sets sights on advancement after management buyout

(AsiaGameHub) -   ReferOn has entered a new phase of growth following the completion of a management buyout. The affiliate management platform was acquired by former General Manager Alex Bukin, who now serves as the company's newly appointed Chief Executive Officer. However, ReferOn’s existing leadership structure will remain in place alongside Bukin. Bukin commented: “This marks a significant milestone for ReferOn and the start of an exciting new chapter for the business. The management buyout gives us the long-term vision needed to keep advancing the platform.” “We are committed to product development, enhancing our offerings for partners, and supporting ReferOn’s ongoing expansion across key markets.” Other organizational updates at ReferOn include Vlad Bondarenko stepping into the role of Chief Product Officer from Head of Product, while former Operations Lead David Harris has been named Chief Operations Officer. Building on a strong period of progress, day-to-day operations will remain unaffected by the buyout, with current partnerships continuing as usual. The platform continues to deliver a comprehensive suite of tools designed to support operators and affiliates while helping them maintain flexibility. ReferOn is also expanding its product portfolio as part of its growth strategy, incorporating features such as its integrated interface layer Refie, dynamic reporting capabilities, company grouping functionality, sub-affiliation options, independent deal calculation, two-factor authentication, and full mobile optimization. Last month, ReferOn introduced a new crypto finance module to its platform, aimed at streamlining payout workflows and enabling crypto payments through licensed partners’ payment gateways. 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.

International Healthcare Week opens today, fuelling healthcare breakthroughs

HONG KONG, May 11, 2026 - (ACN Newswire via SeaPRwire.com) - The fifth International Healthcare Week (IHW), organised by the Hong Kong Trade Development Council (HKTDC), opens today, featuring two flagship events. The sixth Asia Summit on Global Health (ASGH) is being held today and tomorrow (11 and 12 May) at the Hong Kong Convention and Exhibition Centre (HKCEC) under the theme “Fuelling Healthcare Breakthroughs”. The summit convenes over 90 influential international healthcare officials, research and medical experts, start-ups, investors, and business leaders from related industries to explore global healthcare trends, with a focus on frontier technologies, AI breakthroughs, pandemic preparedness, silver health, as well as innovation in Chinese medicine, in alignment with the National 15th Five-Year Plan. Another flagship event, the 17th Hong Kong International Medical and Healthcare Fair (Medical Fair), also opens today (11 to 13 May) under the theme “Innovations Boosting Smart Health Experience”, featuring some 300 exhibitors from 10 countries and regions. The Fair spotlights MedTech, GeronTech and Preventive Healthcare, showcasing the latest medical innovations integrating artificial intelligence and robotics, fostering global exchange in healthcare innovation and reinforcing Hong Kong’s strengths as a research and commercial hub.Prof Frederick Ma, Chairman of the HKTDC, said in his welcome remarks: “There is nowhere better than Hong Kong, as a major international hub for financing and innovation, to explore areas of global collaboration in the health arena, and to showcase related business opportunities for investors and project owners. As a superconnector and super value-adder, Hong Kong has a long track record of helping companies and innovations break through. The theme we have adopted this year, ‘Fuelling Healthcare Breakthroughs’, highlights this vital role. The ASGH was created to nurture partnerships and knowledge exchange that can drive real change and create a better world. This year’s agenda also complements the healthcare priorities set out in China’s new 15th Five-Year Plan, supporting national development. Among the diverse topics at ASGH 2026 are sessions examining AI-enabled diagnosis and treatment, biomedical innovation, the growth of the silver health economy, traditional Chinese medicine and much more.”John Lee, Chief Executive of the HKSAR, said in his opening remarks: “Hong Kong, under the ‘one country, two systems’ principle, is investing in healthcare and, in doing so, investing in the future of our people and our economy. Our status as a leading hub for scientific innovation is unrivalled in Asia. And our strengths are magnified by our core position in the Guangdong-Hong Kong-Macao Greater Bay Area. That is the cluster city development integrating 11 dynamic cities in southern China. It boasts a collective economy that rivals that of the world's 10th-largest nation. In pursuit of medical innovation, Hong Kong complements the strategies set out in the National 15th Five-Year Plan. The Plan optimises an evaluation and approval mechanism for innovative drugs and supports their clinical application. The goal is to develop Hong Kong into a health and medical innovation hub. Central to this ambition is the rapid expansion of our clinical trial capabilities, the vital engine that drives biomedical R&D from the laboratory to the bedside.”Prof Zeng Yixin, Vice Minister of the National Health Commission of the People’s Republic of China, delivered special remarks: “Hong Kong has extensive experience in undergraduate medical education and post-graduate training, and enjoys a strong reputation in the Asia-Pacific region. Medical talent training system on the mainland is also undergoing deep reforms and striving to move towards high-quality development. Hong Kong has many experiences and practices that are worthy of in-depth exchange and reference, which will certainly promote mutual enhancement and progress.”Global leaders convene to explore collaboration opportunitiesThis morning’s Plenary Session I: Strengthening Pandemic Preparedness through Global Collaboration, featured keynote speech by Prof Lo Chung-mau, Secretary for Health of the HKSAR government, who said: “Hong Kong has long been recognised for the quality and efficiency of our healthcare system. We consistently rank at the top of global health indices, with a life expectancy that remains among the highest in the world, with women over 88 years and men about 83 years in 2024. Our public healthcare system serves as a robust safety net, ensuring universal health coverage for all at a very low cost. The National 15th Five-Year Plan calls for a health-first development strategy. Hong Kong is fully aligned and will continue to contribute to this national vision through our work in pandemic preparedness and medical innovation.”Prof Leo Poon, Daniel C K Yu Professor in Virology at the School of Public Health of the University of Hong Kong and Co-Director of the Hong Kong Jockey Club Global Health Institute, moderated the session. Distinguished speakers included Prof Ibrahim Abubakar, Vice-Provost (Health) and Professor of Infectious Disease Epidemiology at University College London; Feng Lan, Vice President, China Pharmaceutical Innovation and Research Development Association; Dr Leung Yiu-hong, Head of Emergency Response and Programme Management Branch, Department of Health of the HKSAR government; Dr Kumanan Rasanathan, Executive Director of the WHO Alliance for Health Policy and Systems Research; Prof Wang Yu, Chairman of the Chinese Foundation for Hepatitis Prevention and Control, also Former Director-General, Chinese Centre for Disease Control and Prevention; and Dr In-Kyu Yoon, Deputy Director General for Integrated Development and Pandemic Preparedness at the International Vaccine Institute. They discussed key strategies to strengthen the resilience of the global health system in response to future pandemics. Dr Kumanan Rasanathan said: “Public health agencies need to maintain scientific independence to synthesize, act upon, and provide advice based on the best available science. They also require operational flexibility because, during a pandemic or outbreak, it is not sufficient to rely solely on strategies used for previous outbreaks.”Plenary Session II: Fuelling Healthcare Breakthroughs was moderated by Victor Chu, Chairman and CEO of First Eastern Investment Group. Speakers included Clara Chan, CEO of Hong Kong Investment Corporation Limited; David Lau, Vice Chair of Investment Banking for Asia Pacific and Head of Healthcare Investment Banking for Asia Pacific at JP Morgan Securities; Dr Inna Menkova, Chief Executive Officer, Allogenica; Jonathan Symonds, Chairman of the Board of GSK; and Theresa Tse, Chairwoman of the Board, Sino Biopharmaceutical Limited; They examined investment trends and market transformation in biopharmaceuticals and explored how cross-sector collaboration can drive healthcare breakthroughs.One of the highlights this afternoon, the Dialogue with Global Pioneer in Health session, featured 2013 Nobel Prize laureate in Chemistry, Prof Michael Levitt, Robert W and Vivian K Cahill Professor in Cancer Research at Stanford University. He shared insights into his research and the future of technology-driven healthcare innovation, exploring how biological intelligence is shaping the future of healthcare. He said: “One of the secrets of successful evolution is to be as diverse as possible. This diversity then leads to intelligence.”Thematic sessions spotlight cutting-edge healthcare innovation and AI applicationsAs the global healthcare industry accelerates towards technology-driven transformation and industrial upgrading, multiple thematic sessions at the summit focus on the application of innovative technologies across the sector. Topics include AI-enabled healthcare, medical robotics and devices, cell and gene therapies, biomedical, and the silver economy, showcasing the latest market trends and aligning with the National 15th Five-Year Plan to advance the development of a “Healthy China” and foster AI and healthcare innovation. The first day featured a dedicated session, The Next Frontier in China's Healthcare Industry, moderated by Nisa Leung, Managing Partner of Aulis Capital, with speakers including Mark Gavin Lotter, Founder and CEO of Nuance Pharma; Wu Hao, Executive Director and Co-President of Tigermed; and Seth Zhang, Founder and CEO of MediTrust Health. They discussed strategies to drive the development of the Chinese Mainland healthcare sector. Wu Hao said: “By giving China-led industry data and applications greater exposure and participation on the global stage, Chinese enterprises can take a seat at the table and become true leaders.”Several thematic sessions spotlight the large-scale application of AI in healthcare. These include this afternoon’s sessions: Intelligence at Scale: How AI is Powering Real-World Healthcare Revolution, moderated by Dr Kenneth Tsang, Regional Chief Executive Officer of IHH Healthcare North Asia and CEO of Gleneagles Hospital Hong Kong, featured speakers including Prof Joshua Ho, Assistant Dean (Innovation and Technology Transfer) in the Li Ka Shing Faculty of Medicine at the University of Hong Kong; and Reshaping Tomorrow’s Healthcare: Advances in Medical Robotics and Devices, further explored the transformative role of AI in medical robotics and next-generation medical devices, showcasing cutting-edge innovations and breakthrough developments. Tomorrow afternoon’s session, Transforming Healthcare through Digital Health & AI Innovations, with speakers from Healthtech Finland, Heidi Health, Pfizer, The Hong Kong Polytechnic University and other leading organisations, will offer multi-dimensional insight into AI applications and breakthroughs in the healthcare field.A new session this year, CSO Insights: Catalysing Scientific Breakthroughs and Investments for Future Health, will bring together leading scientists from global pharmaceutical companies, including Dr Li Xiang, Senior Vice President, Co-President and Chief Scientific Officer of Innovative Medicines Division at Fosun Pharma, to discuss transforming research breakthroughs into real-world healthcare applications.Building on last year’s Silver Health Chapter, tomorrow will feature the session Unlocking Growth in Silver Health: From Precision Medicine to Smart Ageing Innovations. Speakers include Prof Christopher Chao, Vice President (Research and Innovation) of the Hong Kong Polytechnic University; Prof Brian Kennedy, Director of the Centre for Healthy Longevity at the National University Health System, Singapore; and Zhang Junjie, Vice President of Ant Group and President of Healthcare Business Group. They will share insights into ageing-related disease prevention and solutions.Other sessions also cover a wide range of cutting-edge topics, including Driving Chinese Medicine Development Through Standardisation and Innovation, and IP Financing and Trading for Pharmaceutical and Health Technology. These thematic sessions examine the latest developments and trends in the healthcare industry from multiple perspectives, promoting exchanges among scientific research, market applications and industry policy. During the session From Detection to Cure: Accelerating Innovations for Rare Diseases, Prof Liang Zicai, Founder and Chairman of Suzhou Ribo Life Science, will explore how innovative diagnostics and treatments are bringing new hope to patients. Another session, Charting the Future: A New Era in Gene and Cell Therapies, brought together Dr Li Xiang, Founder and CEO of XellSmart, and Dr Zhu Tian, Co-founder and CEO of GenEditBio, who shared the latest advancements in stem cell biology and genome editing platforms with other guests.    A global platform for healthcare resource matching, empowering pharmaceutical and healthcare companies to expand their businessIn addition to symposium sessions, some 180 healthtech companies from 12 countries and regions are showcasing innovative projects and solutions at the ASGH Business Hub and InnoHealth Showcase. At the same time, Project Pitching provides start-ups with opportunities to connect with investors, while the ASGH Deal-making facilitate one-on-one meetings to match global capital with healthcare projects. Participants can also access professional advice at the “GoGlobal Connect” and Business of Healthcare Advisory Zone, enabling companies to develop more targeted strategies for business expansion.Medical Fair showcases diverse AI-driven health solutions, with smart ageing products surge twofoldThe 17th Hong Kong International Medical and Healthcare Fair, organised by the HKTDC and co-organised by the Hong Kong MedTech Association, opened alongside ASGH. With the theme Innovations Boosting Smart Health Experience, the Fair brings together some 300 exhibitors from 10 countries and regions, including Hong Kong, the Chinese Mainland, Taiwan, Korea, as well as new participants from Macao, Australia, Canada, New Zealand, Vietnam and the United States, highlighting Hong Kong’s strengths as an international medical innovation hub.The Fair focuses on three key areas: MedTech, GeronTech and Preventive Healthcare, presenting a comprehensive showcase of the latest medical and healthcare equipment, products and application solutions from around the world. For MedTech, Neuroptek Corporation Inc from Canadian pavilion (Booth No.: 3E-D16) showcases the brand new EyeMirage, a solution that extends professional ophthalmic vision examinations beyond the clinic. By leveraging the computing power and camera technology of smartphones, the system enables users to conduct high-quality vision tests in settings such as homes and schools. Meanwhile, HKG epiTherapeutics Limited (Booth number: 3E-E06), from the Hong Kong Science and Technology Parks, presents a DNA methylation analysis technology designed for the early screening of liver cancer. The solution can identify and distinguish differential methylation features among liver cancer, blood and normal tissues. Its clinical research findings have been published in leading international academic journals[1], demonstrating a sensitivity of 88.5% for early-stage liver cancer and 95.7% for late-stage cases, representing one of the highest performance levels globally in methylation-based liver cancer early screening.In the field of GeronTech, the exhibits span a wide range of products, including smart rehabilitation robots, AI-powered mental health assessment systems, smart elderly care solutions and home-based care devices, fully addressing the evolving market needs of the silver economy. Hanshin Technology Limited (Booth No.: 3E-D13) introduces a Smart Shower Robot, which enhances safety and comfort for the elderly during bathing through intelligent design, while also easing caregivers’ workload and supporting the practical adoption of smart care solutions. Notably, the number of smart ageing products exhibited this year has more than doubled compared with the last edition, underscoring strong and growing market demand.In Preventive Healthcare, an exhibitor from Chinese Mainland, Guangzhou Supbio Bio-Technology and Science Co., Ltd. (Booth No: 3E-E19), presents the world’s first HIV-1 DNA quantitative testing kit approved for market launch by the National Medical Products Administration (NMPA). Designed to address increasingly complex HIV testing needs, the solution provides a stable and reliable full-disease-course testing approach, supporting an integrated and innovative model that spans prevention, treatment efficacy assessment and the exploration of functional cure through precision diagnostics.The Medical Fair features more than 50 themed forums and seminars, including topics such as “HKMTA Medical Fair Forum 2026: The Medtech Solutions - Greater Bay Area & Overseas”, co-organised with the Hong Kong MedTech Association, to be held tomorrow morning (12 May), followed by the afternoon session “ASEAN Gateway: Navigating Regulations, Capital and Distributions from Hong Kong”. On Wednesday (13 May), sessions such as “Decoding the Demand for Gerontechnology” will also take place. Industry experts will share the latest insights and market trends, and the exhibition will provide an ideal platform for professionals to network and explore new business opportunities. The exhibition will continue to adopt the “EXHIBITION+” hybrid model. The physical fair will take place from 11 to 13 May at the HKCEC. Global exhibitors, industry professionals, and buyers can engage in discussions via the “Click2Match” smart business matching platform from 4 May until 20 May.Photo download: https://bit.ly/4tsy9JsThe sixth Asia Summit on Global Health, jointly organised by the HKSAR government and the Hong Kong Trade Development Council, is held from 11 to 12 May at the Hong Kong Convention and Exhibition Centre under the theme “Fuelling Healthcare Breakthroughs.”Prof Frederick Ma, HKTDC Chairman, delivered the welcome remarks.John Lee, Chief Executive of the HKSAR, delivered the opening remarks.Prof Michael Levitt, 2013 Nobel Laureate in Chemistry, and the Robert W and Vivian K Cahill Professor in Cancer Research at Stanford University, shared his insight.ASGH Deal-making has facilitated one-on-one meetings, both online and offline, to channel capital to healthcare projects and promote collaboration.The ASGH Business Hub and InnoHealth Showcase have featured around 180 healthtech companies from 12 countries and regions.Under the theme Innovations Boosting Smart Health Experience, the 17th Hong Kong International Medical and Healthcare Fair (Medical Fair) highlights MedTech, GeronTech & Preventive Healthcare, with some 300 exhibitors from 10 countries and regions.On the first day of the Medical Fair, a series of forums and seminars were held, including “Digital Pulse, Preventive Future: When Wearable Technology Meets Chinese and Western Medicine Collaboration and AI” .The session featured Mr. Paul Anthony Yuen, Director of Dayton Industrial Co., Ltd., who joined academic experts in sharing insights into the latest developments in the field.Led by the Hong Kong Science and Technology Parks Corporation (HKSTP), DRESIO Limited showcases its AI-powered physiotherapy motion analysis system.Exhibitor from Canada bring medical technologies, highlighting clinical applications and solutions.Medical Fair exhibitor Green Life Technology Ltd (Booth No.: 3D-D24) showcases the world’s first product integrating inversion technology and 3D resonance technology, which has been successfully adopted by massage practitioners and therapists in Germany.WebsitesInternational Healthcare Week: https://internationalhealthcareweek.hktdc.com/enThe Asia Summit on Global Health: https://www.asiasummitglobalhealth.com/conference/asgh/en?ref_source=GrayMenu&ref_medium=vep-conferenceHong Kong International Medical and Healthcare Fair: https://www.hktdc.com/event/hkmedicalfair/en?ref_source=GrayMenu&ref_medium=vep-tradeshowList of Product: https://www.hktdc.com/event/hkmedicalfair/en/product?ref_source=GrayMenu&ref_medium=vep-tradeshowMedia enquiriesYuan Tung Financial Relations:Jasmine Zhang      Tel: (852) 3428 3278   Email: jzhang@yuantung.com.hkLouise Song        Tel: (852) 3428 5691   Email: lsong@yuantung.com.hkTiffany Leung      Tel: (852) 3428 2361   Email: tleung@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Noah Qiu           Tel (852) 2584 4575    Email: noah.yl.qiu@hktdc.orgNavin Law          Tel: (852) 2584 4525   Email: navin.cm.law@hktdc.orgJane Cheung        Tel: (852) 2584 4137   Email: jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. [1] The product was published in the world-leading academic journal Nature Communications (2023). Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Smart Ways to Organise Payments for Better Rewards and Everyday Savings

SINGAPORE, May 11, 2026 - (ACN Newswire via SeaPRwire.com) - Managing daily expenses can feel overwhelming, especially when bills, subscriptions, and lifestyle spending happen across different platforms. However, organising payments strategically using credit cards and cashbacks, and structured spending habits can help unlock better control, higher cashback, and long-term savings. In Singapore, where digital payments are widely accepted, aligning expenses smartly can help turn routine spending into value-earning opportunities.Unplanned spending often results in missed reward opportunities and unnecessary fees. When payments are scattered across multiple methods, tracking expenses becomes difficult, and potential cashback categories may go underutilised.In 2023, the average monthly household expenditure in Singapore was SGD 5,931. When monthly recurring payments are aligned under suitable cards, even a modest cashback rate of 1.5-5% can add up meaningfully over time.If you are looking to make the best use of your cashback credit cards and maximise your savings, here are some tips that you might find useful.Understand your monthly spending categoriesBefore selecting or using credit cards strategically, it helps to map out where money is being spent each month. This exercise can help distinguish between fixed recurring expenses and flexible lifestyle spending. With digital payments now a common part of daily life, small expenses can add up quickly without you noticing.Typical monthly spending categories may include groceries, transport, dining, utilities, mobile bills, insurance premiums, and online shopping. On average, Singaporeans spend around SGD 455 per month on food and groceries alone and an additional SGD 128 per month on public transport.When these categories are clearly defined, it is easier to identify which expenses qualify for cashback and which do not.Match the right Credit Card to the right expenseDifferent credit cards are designed to reward different types of spending. Some cards focus heavily on dining and entertainment, while others provide higher cashback on groceries, transport, or online purchases.For example, one card may offer 5% cashback on dining capped at SGD 50 monthly, while another provides 3-4% on online shopping and subscriptions. When all expenses are charged randomly to a single card, these benefits may remain underutilised.Assigning specific cards to specific expense categories can help structure spending without increasing it. This method allows users to stay within cashback limits, reduce confusion, and improve the efficiency of rewards across everyday transactions.Automate recurring bills for consistent cashbackAutomating recurring payments can help maintain consistency in both budgeting and cashback accumulation. Many essential services support automatic card payments, including utilities, broadband, mobile plans, and digital subscriptions.Automation also reduces the risk of missed due dates and late payment fees.Use cashback earned in practical waysCashback earned through credit card usage can be more useful when applied intentionally rather than treated as incidental savings. Instead of viewing it as extra money, cashback can help offset regular expenses and improve monthly cash flow. When planned properly, even small amounts earned each month can support everyday budgeting.Some practical ways cashback may be used include:Offsetting utility or telco billsHousehold expenses such as electricity, water, mobile, and broadband form a significant portion of regular monthly spending. Cashback credited to the card statement can reduce these fixed expenses directly, helping stabilise monthly outflow.Reducing grocery spendingUsing cashback to offset statement balances can help cover weekly grocery and essentials from supermarkets, easing the impact of rising grocery costs.Covering transport expensesMRT travel, ride-hailing services, and fuel expenses can be a big expense if not planned well. Cashback can be redirected towards SimplyGo top-ups or occasional Grab rides, helping manage daily commute costs.Supporting annual or seasonal expensesAccumulated cashback from payments may help offset insurance premiums, travel bookings, or festive shopping, reducing the pressure of large one-time payments. Used consistently, cashback can quietly strengthen everyday financial planning without changing spending habits.Align large purchases with reward periodsLarger purchases, such as electronics, furniture, or travel bookings, can sometimes be planned around bank promotional periods. In Singapore, many credit card providers run limited-time campaigns during events like the Great Singapore Sale, year-end holidays, or major online shopping festivals. During these periods, users may receive additional cashback, higher reward caps, or bonus returns on select categories, subject to promotional terms and conditions.Aligning such spending with promotional windows can help convert unavoidable costs into reward-generating transactions. Over time, this approach can support better savings outcomes while keeping overall spending controlled.Final thoughtsOrganising payments thoughtfully can help transform daily expenses into meaningful rewards. By aligning spending categories, automating bill payments, tracking spending limits, and using cashback strategically, Singapore consumers may find greater value in routine transactions.While results vary based on lifestyle and spending patterns, a structured approach can help create clarity, flexibility, and small yet steady savings over time. With the right planning, cashback and credit cards can become practical tools that support smarter money management rather than complicate it.Disclaimer: This content is published by iQuanti Singapore Pte. Ltd., an external marketer engaged and compensated by UOB Ltd.Contact Information:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Flutter takes the Best Grassroots initiative award for women’s football

(AsiaGameHub) -   Flutter Entertainment’s Cash4Clubs programme has been honoured as the leading grassroots initiative advancing women’s football across Britain. By channelling direct funding to 86 women’s grassroots football projects, Cash4Clubs took the Best Grassroots Initiative title at the 2026 Women’s Football Awards. Cash4Clubs began in 2008 as Betfair’s first CSR programme, created to strengthen community ties to football and broaden access to Britain’s most popular sports for everyone. The scheme offers grants of £2,000 to local community clubs and organisations, and since its launch Cash4Clubs has contributed over £7 million to grassroots sport throughout the UK and Ireland. Delivered alongside UK charity Sported, the 2025/26 Cash4Clubs programme drew applications from almost 1,500 organisations and charities, with grants set to support more than 50,000 people across over 40 sports in the UK and Ireland. Funding has enabled clubs to upgrade facilities, buy equipment, back coaching programmes and widen access to sport in local communities, including female-founded clubs such as Chorley Women FC, Alway FC, Brighton Seagals FC and St James Swifts Ladies FC, chosen as partners by Sported. The London award ceremony featured an opening address from Prince William marking the ongoing growth of women’s football, while Gabby Logan and Jamie Carragher presented the prize. Flutter’s award was accepted by the media and public relations team of Rachael Kane, Camilla Toogood and Steve Hawks. Carragher highlighted the initiative’s enduring influence in local communities, saying: “Through their contributions to sport at a grassroots level, Flutter’s Cash4Clubs programme earned the Best Grassroots Initiative award because it has delivered transformational change for hundreds of grassroots sports groups and thousands of individuals in local communities, providing safe, inclusive and accessible opportunities for women and girls to take part in sport while addressing barriers linked to poverty, inequality, confidence and belonging.” The programme sits within Flutter’s wider community investment strategy aligned to its goal of positively impacting 10 million people by 2030. Kevin Harrington – Flutter UK&I Flutter UK CEO, Kevin Harrington, said: “Cash4Clubs is central to our pledge to touch the lives of 10 million people in the communities where we operate by 2030. “Community clubs are the foundation of sport in the UK and Ireland. Many run on tight budgets, yet they generate remarkable impact for their members and the wider community. Without backing from programmes such as Cash4Clubs, many of these essential local institutions would struggle to continue. “We are proud to play our role and grateful to be recognised at the Women’s Football Awards.” 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.

Does PlayCity fulfill KRAIL’s objectives?

(AsiaGameHub) -   Ukraine’s gambling regulator, PlayCity, has imposed compliance penalties amounting to UAH 946m (£16m) in just under a year. This announcement was made by the regulatory authority in its monthly activity report, as it prepares to launch further inspections of 34 licensed operators by the end of the year. PlayCity assumed control of the local gambling sector in June 2025, officially succeeding the previous regulator KRAIL, which was unable to fulfil its duties due to the war with Russia. KRAIL was initially established in 2020 through an official decree that legalised gambling in Ukraine for the first time in 11 years. However, its period of operation was brief. Last year, President Zelenskyy’s government determined that KRAIL was ineffective, as conscription orders led to staff being diverted from their roles at the agency indefinitely. The former regulator also faced controversy after one of its officials was accused of accepting bribes in 2021. These circumstances prompted the creation of PlayCity, which within its 11-month mandate has recorded regulatory violations valued at nearly £16 million—underscoring a deeply problematic gambling market that KRAIL failed to effectively oversee. PlayCity still facing challenges However, progress is not without obstacles, as Ukraine’s recent efforts to meet its financial commitments to the International Monetary Fund (IMF) have raised concerns that the gambling sector could again face disruption. Ukrainian lawmakers are currently reviewing a draft law designed to consolidate information about all digital income generated within the country and how it is taxed, with this data subsequently transmitted to the IMF. As the bill advances toward its second reading, an amendment is included that would shift gambling policy-making responsibilities from the current Ministry of Digital Transformation to the Ministry of Finance. Experts have expressed caution regarding this proposal, warning that any alterations to the structure of gambling regulation in Ukraine will likely hinder PlayCity’s plans for enhanced oversight in 2026. These plans include the aforementioned inspections of 34 licenses, completion of a national problem gambling study, implementation of a centralised monitoring system for licensed operators, and intensified efforts against illegal gambling advertisements. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

SBC Summit Canada to Highlight Payments and Compliance as Canada’s iGaming Sector Evolves

(AsiaGameHub) -   As Canada’s iGaming sector continues to evolve, operators are under increasing pressure to streamline payment processes while adhering to rigorous compliance standards and mitigating rising fraud risks. The Payments & Compliance track at SBC Summit Canada will take place at the Metro Toronto Convention Centre from 19–21 May, focusing on how the industry is adapting. The event will convene operators, regulators, and technology providers to discuss strategies for developing efficient yet compliant systems. Throughout the track, sessions will address the growing complexity of anti-money laundering (AML) frameworks, the impact of payments on business performance, and the importance of enhanced coordination to safeguard the integrity of both sports and betting markets. The opening session, titled AML After the Audits: From Box-Ticking to Shared Infrastructure, will examine the industry’s shift toward integrating AML compliance into everyday operations. Panelists include Steve Armstrong (Chief Compliance Officer & Money Laundering Reporting Officer, FRL Compliance Solutions), Susan Bala (Co-Founder and Director, Advanced Compliance Technology), Dave Foppert (Senior Director of AML Compliance, DraftKings), Rebekah Jackson (Global Gaming Director, GBG), Chad Kornett (SVP, Geolocation, GeoComply), and Derek Ramm (Director, Kinectify). The discussion will explore the ongoing debate around AML risk ownership in Canada and approaches to maintaining compliance across provincial and federal regulations. It will also delve into Payment-led AML challenges and opportunities, along with balancing regulatory requirements with a positive player experience. Next, the session Payments That Perform: What Actually Moves the Needle in Canadian iGaming will focus on crafting an optimal payment journey for Canadian players. Participants Dami Amurawaiye (Head of Operations & Sportsbook, PointsBet), Nick Gunn (SVP of Growth, SEON), Kevin Jing (CFO, Hottakes), Gaurav Juneja (SVP and BU Leader, CGI), and Sam Kawsarani (VP Product, Paramount Commerce) will assess how to meet player expectations for speed, reliability, and familiarity in deposits and withdrawals. Further topics will include persistent friction in withdrawal processes and the operational challenges posed by banking volatility, fraud, and chargebacks—especially in a market where seamless payments are increasingly expected as standard. The presentation Protecting Sport Integrity in Canada’s Evolving Betting Market will analyze how the industry can more effectively combat competition manipulation within sports. Led by Scott Grant (Manager, Competition Manipulation, Canadian Centre for Ethics in Sport), attendees will learn about match-fixing mechanisms, key indicators for operators and regulators, and the value of improved collaboration in preventing and disrupting future manipulations. The track will conclude with a masterclass on quasi-gambling in Canada, presented by IMGL. Legal experts Danielle Bush (Partner, Segev LLP), Ron Segev (Founding Partner, Segev LLP), Jack Tadman (Principal, GME Law), and Kevin Weber (Partner, Dickinson Wright LLP) will review the legal landscape of prediction markets, sweepstakes, mystery boxes, and skill-based games. They will analyze recent high-profile cases and consider potential future developments in Canadian quasi-gambling legislation. The Payments & Compliance track is one of six conference tracks at SBC Summit Canada this year. Additional tracks include Leaders in Sports Betting & Casino, Leaders in Land-Based and Lottery, Affiliates and Advertising, Player Protection, and Cybersecurity. Masterclasses on land-based and online casino strategy will also be offered across both days. Secure your tickets for SBC Summit Canada today. VIP Event Pass – Access to the exhibition hall, all conference sessions, and evening networking events for CA$995. Group VIP Pass – Purchase three or more VIP passes and each pass is priced at CA$795—ideal for teams. Complimentary passes are available for operators and affiliates upon application. 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 police arrest 321 in online gambling crackdown

(AsiaGameHub) -   Indonesian police conducted raids resulting in the arrest of over 300 foreign nationals suspected of involvement in illegal online gambling activities. Among the 321 individuals detained in Jakarta, 228 were identified as being from Vietnam, according to a report by AP News. An additional 57 suspects were from China, while the remaining individuals originated from Laos, Myanmar, Thailand, Malaysia, and Cambodia. Wira Satya Triputra, Director of General Crimes at the Indonesian Police, stated that the gambling operation, situated near Jakarta’s Chinatown, operated more than 70 online gaming websites aimed at international players. He added that employees within the operation were assigned various roles, including customer service, telemarketing, and financial administration. Evidence indicated that the establishment had been operational for approximately two months. During the raid, authorities seized assets such as cash in multiple currencies, computers, mobile phones, and passports. The Indonesian Police believe that most of those arrested entered the country using short-term visitor visas. All forms of gambling are prohibited in Indonesia, and those apprehended could face up to nine years in prison along with a fine of 2 billion rupiah (£85,352). Part of a wider strategy to fight unlicensed gambling Despite the ban, Indonesian authorities have had to address the extent of the nation’s underground gambling market. The Financial Transaction Reports and Analysis Centre (PPATK) of Indonesia estimated that 422.1 million online gambling transactions occurred in 2025, with total deposits amounting to 36 trillion rupiah (£1.52 billion). It is believed that many of the sites targeting players in Indonesia and across Southeast Asia are based in neighboring countries such as Cambodia and Myanmar. However, Untung Widyatmoko, secretary of Indonesia’s Interpol bureau, noted that these recent arrests, alongside the uncovering of transnational crime organizations in other regions of Indonesia—including Surabaya, Bali, and Batam—reflect a shift in criminal behavior as law enforcement in other nations intensifies its efforts. He told local news outlet Kompas: “Following enforcement actions in Cambodia, we observed a migration toward Indonesia, which we had anticipated.” 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.

evoke’s debt crisis could reach its peak in 2028 as mounting costs weigh heavily on the company

(AsiaGameHub) -   Evoke, the LSE-listed company currently under financial strain, has expressed growing concerns about the scale of debt refinancing required before 2028. In its 2025 Annual Reports and Accounts, the business emphasized the need to achieve “a sustainable and materially improved level of profitability and cash generation” prior to that date. This is crucial because a significant portion of its substantial £1.9 billion debt must be refinanced starting in 2028. The operator of William Hill, 888, and Mr Green holds two major loans amounting to £769 million, both scheduled to mature in July 2028, while other elements of the £1.9 billion debt are due at the start of the next decade. It also maintains a £200 million Revolving Credit Facility, from which it has drawn £119 million so far—but the lenders have imposed strict conditions. If Evoke fails to repay or refinance most of the £769 million debt by January 2028, the facility will be withdrawn. Future results must show improvement over FY25’s performance, as acknowledged by the company itself. While CEO Per Widerström described 2025 as a “step-change in underlying profitability,” the company’s loss after tax surged by 149%, rising from £220.9 million to £549.1 million. Its net debt for the year stood at £1.9 billion, as previously stated. A potential sale remains on the table. The business has until the same time next week to respond to an offer from Bally’s Intralot to acquire the entire company at 50p per share—totaling around £225 million. A sale had been anticipated since Evoke announced a strategic review in December 2025. Evoke is not the only entity burdened by debt Further complicating matters, Bally’s Intralot itself carries a multi-million-pound debt load. On the ongoing offer and review process, Mark Summerfield, Chair of Evoke, remarked: “While no conclusions have been reached and there can be no certainty as to the outcome of the review, the Board considers this process to be an important component of its broader assessment of the Group’s long-term viability and financial resilience. “On 20 April 2026, in response to media speculation the Group announced that in connection with the ongoing strategic review, it was in discussions with Bally’s Intralot S.A. regarding a possible offer for the entire issued and to be issued share capital of the Group at a price of 50p per share. At the date of this report, discussions remain ongoing.” The combined debt implications of a potential deal between Bally’s Intralot and Evoke have been widely discussed. However, Evoke continues to struggle to reverse its fortunes, especially in the UK market—the home base of William Hill—where Remote Gaming Duty tax recently increased to 40%. In response to the UK tax hikes, Summerfield commented: “I am concerned that this reflects a failure of Ministers to understand the harm this will do to player safety and the damage it will cause one of the UK’s most successful global industries; I doubt it will even raise the forecast additional taxes as it will lead to reduced investment in the UK market and greatly promote the growth of the illegal black market. In response, your Board has had to act decisively to protect shareholder value and to assess all strategic options available to the Company.” Regardless of whether this represents a governmental miscalculation, it clearly does little to support the business’s urgent efforts to boost profitability under mounting debt pressures. The company has stated it will “mitigate approximately 50% of this [tax rises] impact from the first full year of implementation through supplier savings, operating cost efficiencies, selective reductions in marketing expenditure, retail store closures, and adjustments to customer propositions such as reduced bonusing.” For FY25, Evoke’s revenue grew by 2% year-over-year to £1.78 billion, and EBITDA increased by 43%, from £211.4 million to £301.3 million. However, losses widened significantly. Without major progress within the next 18 months—or a potential rescue from Bally’s Intralot—the prospect of having to rapidly repay £769 million in debt could soon become alarmingly realistic. 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.

Chile puts blackout orders on hold as President Kast launches gaming negotiations

(AsiaGameHub) -   Chile's Supreme Court is confronting additional legal repercussions regarding the implementation of restrictions on online gambling operators. Last week, SubTel, the national telecommunications regulator, announced it would cease efforts to block access to unlicensed gambling websites. The agency conceded failure, explaining it could no longer rationalize allocating resources to maintain court-ordered IP blocks obtained for the benefit of Polla Chilena and other municipal gambling entities. In 2023, Polla Chilena secured a federal appeal ruling aimed at imposing restrictions on online gambling operators, as the Chilean government continued to struggle to conclude a long-awaited online gambling regulatory framework. This appeal was contested by Chilean media stakeholders and eventually reached the Supreme Court. The high court ruled that "online gambling in Chile is illegal unless expressly authorised by law" and instructed telecommunications providers to block offshore betting sites—a mandate SubTel was tasked with enforcing. Unable to continue this duty, SubTel pointed out that "these operators simply shifted to new domains once blocks were imposed," revealing that the court order focused on website addresses instead of the underlying betting platforms. This position was communicated to the Supreme Court by Romina Garrido, Chile's Undersecretary of Telecommunications, who stated the agency could no longer uphold the restrictions secured by municipal operators like Polla Chilena. Garrido cautioned that the enforcement actions were draining significant resources from an already overburdened agency, which is also entangled in the protracted stalemate over Chile's online gambling regulation. Addressing the Constitution Committee of the Chamber of Deputies, Garrido emphasized that SubTel was never an official party to the legal case and thus lacked direct authority to execute the ruling, beyond facilitating technical compliance with telecom firms. Nevertheless, Supreme Court justices inquired if any of the "blocking campaigns had produced meaningful results." The breakdown of this enforcement approach has deepened political rifts concerning Chile's gambling future. Some deputies insisted the Supreme Court's ruling must be upheld despite practical obstacles, while others contended the focus should return to restarting Chile's journey toward establishing a regulated online gambling market, similar to progress seen in other South American nations like Brazil and Colombia. Jaime Mulet, President of the Finance Committee, advocated for ongoing oversight of the issue, asserting that judicial rulings "must be complied with," even as the practical enforcement difficulties grow more apparent. Conversely, Evópoli deputy Jorge Guzmán contended that Chile's main objective should be progressing regulation through Congress, instead of compelling SubTel to wage a technologically futile battle against offshore domains. Kast commences austerity negotiations Focus now shifts to the new cabinet of President José Antonio Kast, who took office in March 2026. Kast leads the "Republican Alliance," the conservative coalition in the National Congress. However, reports indicate the four-party coalition bloc is deeply divided on the regulatory approach for online gambling in Chile. The disagreements revolve around the licensing framework of Chile's online gambling bill. Some ministers aim to protect online privileges for municipal operators while restricting the number of licenses available to international firms. There are growing concerns that Kast may leverage the finalization of Chile's online gambling framework as a negotiating tool to advance the severe spending cuts that were a cornerstone of his 2025 election platform. Aligning with other conservative South American administrations, Kast has pledged to review unnecessary agencies and policies considered impediments to economic growth. The President seeks to implement a 3% spending reduction across all Chilean public departments. In his first year, Kast targets cost savings of $8 billion, with projections suggesting annual savings could reach $21 billion by the next election. For Chile's Supreme Court, SubTel's admission serves as a sobering reality check. While the judiciary successfully declared offshore online gambling illegal, the practical capacity to enforce that decision in a borderless digital environment now seems increasingly constrained. 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.

Chile Halts Blackout Directives as President Kast Commences Gambling Negotiations

(AsiaGameHub) -   The Supreme Court of Chile is facing increased legal repercussions due to the implementation of restrictions on online gambling operators. Last week, SubTel, Chile’s national telecommunications agency, announced that it would no longer pursue efforts to block access to unlicensed gambling websites. The agency has conceded defeat, stating that it can no longer justify allocating resources to maintain court-ordered IP blocking measures that were secured in favor of Polla Chilena and other municipal gambling operators. In 2023, Polla Chilena won a federal appeal ruling aimed at imposing restrictions on online gambling operators, as Chile’s government continued to struggle with finalizing terms for a long-delayed online gambling framework. The appeal was contested by Chilean media stakeholders and later taken to the Supreme Court, which ultimately ruled that “online gambling in Chile is illegal unless expressly authorized by law” and ordered telecom providers to block access to offshore betting sites—a directive to be enforced by SubTel. Unable to fulfill this mandate, SubTel cited that “these operators simply shifted to new domains once blocks were imposed,” revealing how the ruling targeted web addresses rather than the betting platforms themselves. The message was delivered to the Supreme Court by Romina Garrido, Chile’s Undersecretary of Telecommunications, who stated that the agency could no longer sustain restrictions established by municipal operators such as Polla Chilena. Garrido warned that enforcement actions were consuming significant resources from an overstretched agency already caught in the prolonged stagnation of Chile’s online gambling regulation debate. Appearing before the Constitution Committee of the Chamber of Deputies, Garrido emphasized that SubTel was never formally a party to the legal proceedings and therefore lacked direct authority to enforce the ruling beyond coordinating technical compliance with telecom providers. Despite this, Supreme Court judges inquired whether any “blocking campaigns had produced meaningful results.” The failure of the enforcement strategy has intensified political divisions regarding Chile’s gambling future. Some deputies argued that the Supreme Court’s ruling must continue to be enforced regardless of operational challenges, while others maintained that the focus should shift toward restarting Chile’s process of establishing an online gambling regime, following developments in other South American countries (Brazil and Colombia). Jaime Mulet, President of the Finance Committee, defended continued scrutiny of the matter, stating that judicial rulings “must be complied with,” even as the practical limitations of enforcement become increasingly evident. In contrast, Evópoli deputy Jorge Guzmán argued that Chile’s priority should be advancing regulation through Congress, rather than forcing SubTel into a technologically unwinnable campaign against offshore domains. Kast begins austerity negotiations Attention now turns to the new cabinet of new President José Antonio Kast, who assumed office in March 2026. Kast leads the “Republican Alliance,” the conservative coalition in the National Congress. However, on gambling policy, the four-party coalition bloc is reported to hold deep divisions over the regulatory approach to online gambling in Chile. The divisions center on the licensing structure of Chile’s online gambling bill, with some ministers seeking to preserve online privileges for municipal operators while limiting the number of licenses granted to international operators. Concerns are emerging that Kast could use the resolution of Chile’s online gambling framework as a bargaining chip to support the drastic spending cuts budget that formed the centrepiece of his 2025 election campaign. Mirroring other conservative South American governments, Kast has stated that he will undertake a review of unnecessary agencies and policies deemed to hinder economic growth. Overall, the President is aiming to impose a 3% reduction in spending across all Chilean public departments. In year one, Kast aims to generate cost savings of $8bn, with the figure projected to rise to $21bn annually by the time of the next election. For Chile’s Supreme Court, SubTel’s admission represents an uncomfortable reality check. While the judiciary succeeded in declaring offshore online gambling unlawful, the practical ability to enforce that judgment in a borderless digital marketplace now appears increasingly limited. 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.

GMG’s THERMAL-XR to Be Applied on up to 600 Air Conditioners for Two Luxury Towers in Australia

BRISBANE, AUS, May 11, 2026 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce GMG's energy saving and anti-corrosion graphene coating solution, THERMAL-XR, is being applied to the air conditioners for two luxury towers in Australia currently under construction at the Gold Coast in Queensland (the "Project"). The Project includes spraying THERMAL-XR on a total of between 300 to 600 air conditioners, see Figure 1 showing how the THERMAL-XR is sprayed on the air conditioners in GMG's spray booth facility in Brisbane Queensland.Figure 1: Spray Booth and Curing Area for Air Conditioners for ProjectTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/296885_3b33c46414878a4d_001full.jpgCraig Nicol, CEO & Managing Director of the Company, commented "Great to see two of the largest towers in Australia using THERMAL-XR on their air conditioners to save energy for the apartment owners and tenants as well as limiting corrosion and extending the air conditioners' life."Jack Perkowski, Non-Executive Chairman and Director of the Company, commented: "This project is a great demonstration of the commercial momentum THERMAL-XR is building in the Australian market. Seeing our graphene coating applied to up to 600 air conditioners across two of Australia's most prestigious luxury towers is a significant milestone - not only for the energy savings and extended asset life it is expected to deliver to apartment owners and tenants, but as a compelling proof point for the broader HVAC-R industry. Projects of this scale highlight the real-world value that GMG's technology brings and reinforce our path to building a substantial revenue base from our energy savings products."Figure 2To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/296885_gmgfigure2.jpgAbout THERMAL-XR® ENHANCE powered by GMG Graphene: THERMAL-XR® ENHANCE coating system is a unique patent product and method of improving the conductivity of heat exchange surfaces (including for air conditioners, refrigeration systems, heat pumps and data centres) and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces from corrosion (successfully passed up to 20,000 hours of salt sea spray corrosion testing) while improving the corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "believes" "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, THERMAL-XR coating on the Project's air conditioners, the energy savings, anti-corrosion and extension of asset life attributes of THERMAL-XR, the momentum THERMAL-XR is experiencing in Australia, the ability of GMG's energy savings products to build a revenue base, GMG's intentions to develop commercial scale-up capabilities, GMG's focus in the energy savings segment, GMG's intentions for the use of graphene lubricant additive on saving liquid fuels, expectations for R&D and commercialization of G+AI Batteries, GMG's ability to improve the performance of lithium-ion batteries and GMG's critical business objectives.Such forward-looking statements are based on a number of assumptions of management, including the coating of air conditioners on Meriton's two towers. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation that GMG does not receive or receive on a timely basis the fully signed consent notice from the and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296885 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

BETBY unveils World Cup package featuring esports replica

(AsiaGameHub) -   As the World Cup approaches, sportsbook solutions provider BETBY has introduced new enhancements to its offerings ahead of the global event. The FIFA World Cup is widely recognized as one of the most significant events in the betting industry’s calendar, and this year’s competition is anticipated to see heightened competition for player acquisition—not only among regulated operators but also against the unlicensed sector. In preparation for the tournament, BETBY has released a comprehensive package featuring pre-priced odds on all possible nation-v-nation matchups and microbetting options. The company emphasizes that its solution enables players to place bets on a variety of in-game outcomes, such as throw-ins, fouls, corners, offsides, goals, and goal kicks. With at least 90 distinct intervals expected throughout each match, the month-long event will span 48 participating nations. “As the largest sporting event globally, the World Cup demands as much focus on preparation as it does on execution,” stated Chris Nikolopoulos, BETBY’s Chief Commercial Officer. “By becoming the first B2B sportsbook provider to release the full tournament bracket prior to the draw, we empower operators with a strategic edge: they can begin engaging their customers earlier and generate momentum well before the opening kickoff. Meanwhile, features like microbetting and our eWorld Cup help maintain high engagement levels across every stage of the competition. We are delivering a complete content suite designed to help our partners maximize both player activity and revenue throughout the entire World Cup cycle.” BETBY’s preparations align with broader industry efforts as other B2B providers such as GR8 Tech and numerous B2C operators have also been enhancing their offerings in anticipation of the tournament. Additionally, BETBY is leveraging its expertise in esports by integrating an ‘eWorldCup’ into its World Cup experience. This initiative replicates all official World Cup matches in a fast-paced esports format. 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.

ReferOn appoints new CEO following successful management buyout

(AsiaGameHub) -   Alex Bukin, previously General Manager at ReferOn, has taken ownership of the company and assumed the role of Chief Executive Officer. The affiliate management platform announced today that Bukin successfully completed a management buyout, following significant growth over recent years. In addition to Bukin’s new position, Vlad Bondarenko has been promoted from Head of Product to Chief Product Officer, and David Harris has moved from Operations Lead to Chief Operations Officer. The leadership team states that ReferOn will prioritize high-performance tools and commit to delivering next-generation affiliate management solutions for the iGaming sector following the management buyout and leadership changes. “This marks a pivotal moment for ReferOn and the start of a new chapter for the business,” Bukin stated. “The management buyout gives us the long-term focus needed to consistently enhance the platform. We remain dedicated to product development, improving our offerings for partners, and supporting ReferOn’s ongoing expansion across key markets.” Established in 2023 and based in Cyprus, ReferOn operates as an affiliate management platform serving affiliates targeting engagement within the global iGaming industry. The management buyout followed the company achieving several milestones in its first year, including processing 35.7 million clicks, generating 2.4 million registrations, onboarding 18,000 affiliates, and maintaining 136,000 active trackers. Over the past year, the firm has concentrated on technological improvements and upgrades, particularly in Artificial Intelligence (AI) and cryptocurrency payments, as well as launching an analytical framework called the ‘Evolution Cohort’ in March this year. 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.

ACMA Investigates Entain Over Inactivity Fee Warnings Sent to Customers

(AsiaGameHub) -   The Australian Communications and Media Authority (ACMA) is reportedly investigating Entain Australia & New Zealand after the operator allegedly sent emails to inactive customers warning them that they must place a bet or face monthly inactivity fees. According to the Sydney Morning Herald, the Ladbrokes Australia brand also failed to disclose to customers their legal right to close their account via the government’s self-exclusion platform, BetStop, and have any remaining balance returned. This latest development follows Entain’s recent involvement in a court-enforceable undertaking after more than 500 breaches of national self-exclusion rules were uncovered during a separate ACMA investigation. The Sydney Morning Herald reported that Entain sends these emails to customers who have been dormant for 18 months, informing them that a $5 per month fee will be applied to their account for holding funds. The report added that the ACMA confirmed it is reviewing whether these emails violate requirements to promote BetStop. Inactivity email BetStop mandates that operators in Australia close accounts of any customer who registers for self-exclusion and return any remaining balance to them, while also preventing them from opening new accounts. Operators are also required to inform customers about BetStop services in all electronic communications related to gambling promotion or advertising, including activity statements. According to the news outlet, Ladbrokes emailed a customer who had not placed any recent bets. The operator reportedly stated that it “wanted to remind” the customer that, after 18 months of no betting activity, “an account is deemed inactive and an inactive account fee of $5 (or your remaining balance if less than $5) will be charged”, with the fee continuing monthly thereafter. The email also reportedly indicated that if wagering activity occurs before a certain date, the account would not be considered inactive and no deductions would be made. The Sydney Morning Herald further noted that if a customer’s balance “includes money they deposited but never wagered, Ladbrokes does not allow them to simply withdraw it”, as all deposited funds must first be used on a bet. “Neither of the inactivity emails mention BetStop, nor the ability for a customer to have their funds returned to them without placing further bets,” the news outlet said. SBC Media has reached out to Entain for comment on the Sydney Morning Herald report regarding dormant customers and inactivity fees. Entain’s over 500 self-exclusion breaches The report on dormant customers and inactivity fees comes just days after the operator committed to ‘meaningful’ improvements to its player protection measures, following an ACMA investigation that identified over 500 self-exclusion violations. The ACMA investigation found that Entain had: Opened accounts and allowed wagering for individuals registered with BetStop. Opened new accounts for people registered with BetStop. Failed to adequately promote BetStop in customer texts and emails. ACMA has accepted a comprehensive 18-month court-enforceable undertaking from Entain, requiring the company to commit to an independent review of its compliance systems and processes, and implement any recommended improvements. An Entain Australia spokesperson commented in response to the ACMA investigation: “We take all our regulatory responsibilities seriously. These matters arose during the early stages of a new national system, and we have worked constructively with the ACMA to implement meaningful enhancements to our processes and controls. “Our focus is on getting this right for our customers, particularly those who choose to self-exclude, and on building long-term trust through a strong, compliance-led culture.” 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.

Ainsworth concludes its search for a new CEO with a familiar face

(AsiaGameHub) -   After six months of searching, Ainsworth Game Technology (AGT) has appointed Ryan Comstock to serve as its permanent Chief Executive Officer, ending the acting role he had held since October. Comstock assumed the interim CEO position following the resignation of Harald Neumann, whose tenure became untenable after the Nevada Gaming Control Board (NGCB) declined to grant him a gaming license in Austria. In October, AGT announced it would conduct a comprehensive search for a new CEO, evaluating both internal and external candidates. Prior to his appointment as Acting CEO, Comstock served as the company’s Chief Operating Officer since 2018. Before joining AGT in 2012, he worked for nearly a decade with Deloitte’s audit and assurance practice, where he specialized in serving gaming, manufacturing, and technology companies. A statement from AGT explained that the board determined Comstock possessed the necessary attributes and operational experience across all areas of the company to assume the CEO role. The board reviewed his performance over the six-month period since his appointment and considered his extensive knowledge of all operational functions, along with initiatives he led during that time. Public grilling Neumann, former CEO of Novomatic, stepped down after a contentious public hearing before the NGCB. He was criticized for appearing hostile and confrontational toward board agents during the vetting process, and officials noted that he failed to provide direct answers to their questions. The board also examined his prior relationship with an AGT employee in Australia. While Neumann described their interactions as consisting only of several dinner meetings, he admitted they violated AGT’s fraternization policy. “I think the totality of the circumstances has left you unable to meet your burden to prove suitability at this moment,” stated Nevada Board Chair Brian Dreitzer during the hearing, adding that he expressed serious concerns about Neumann’s conduct toward agency personnel. A blow to Novomatic Neumann was brought on as CEO of AGT in 2021 with the goal of advancing Novomatic’s efforts to gain control of the ASX-listed company. Following an unsuccessful initial takeover attempt last year, Novomatic continued its campaign through an off-market bid, raising its stake to approximately 67% at the time of reporting. However, the Austrian gaming giant’s offer to purchase all remaining shares at AU$1 (£0.53) per share fell short of gaining full control in February due to insufficient shareholder support. In response, Kjerulf Ainsworth—son of AGT founder Len Ainsworth—launched a competing offer of AU$1.30 (£0.69) per share in an effort to increase his own holdings. Ainsworth has been a vocal critic of Novomatic, repeatedly asserting that its bid significantly undervalued AGT. The most recent of his offers concluded on April 27, leaving him with an 8.24% stake in AGT. Australian Stock Exchange regulations have barred Novomatic from making another offer within four months of its latest proposal. With this cooling-off period set to expire next month—and given the financial commitments already made—it is anticipated that Novomatic will initiate a new bid for complete ownership during the second half of 2026. Nevertheless, considering both the previous failure of its offer and those by Kjerulf Ainsworth, it is evident that a substantially improved proposal will be required to attract the support of AGT’s minority shareholders. 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.

The Star focuses on compliance following completion of WhiteHawk refinancing

(AsiaGameHub) -   The Star Entertainment Group has fully completed the refinancing of its debt, securing US$390 million (approximately A$540 million) from WhiteHawk Capital Partners. In response, the Australian casino operator is advancing its remediation plan to satisfy regulatory requirements as part of a broader strategy to enhance compliance and operational efficiency. The Star remediation plan The Star has faced significant regulatory scrutiny in recent times, but continues to implement measures aimed at strengthening its compliance framework. The successful debt refinancing enables The Star to move forward with its remediation initiatives, aligning with directives from the New South Wales Independent Casino Commission (NICC) and the Office of Liquor and Gaming. These include ‘decentralising the group’s operating model to increase accountability and efficiency at individual property levels for business performance’, alongside technology upgrades designed to ‘foster safer gambling practices and ensure continuous, appropriate oversight’. This development occurs during a critical phase. In March, the NICC renewed the suspension of The Star Sydney’s casino licence, with Nicolas Weeks remaining in charge of operations until 30 September 2026, unless earlier terminated. The Star stated in a press release: “The reinstatement of The Star Sydney’s casino licence and the Queensland Government’s withdrawal of the deferred suspension on The Star Gold Coast’s casino licence are still subject to ongoing discussions with the relevant regulators; an update is anticipated later this year.” Additional liquidity for The Star The operator first established a binding credit facility with WhiteHawk at the end of March. However, as outlined in the latest announcement, the three-year agreement provides for an ‘annual interest rate based on Term SOFR plus a margin, resulting in an interest rate that closely matches those under previous credit facilities’. Other key terms of the agreement include: Quarterly amortisation commencing on 31 March 2027. A minimum liquidity covenant of A$50 million for the first 12 months post-financial close, increasing to A$75 million between months 12 and 18, and further rising to A$100 million thereafter. A minimum asset coverage ratio of 1.40x, calculated based on the fair market value of secured assets relative to the outstanding principal. Based on valuations conducted prior to financing, the company expects it will comply with the coverage ratio, with the initial test scheduled for 31 December 2026. Minimum EBITDA covenant effective from 31 March 2027. An interest reserve account funded with the first 12 months of interest payments. Standard covenants, representations, undertakings, events of default, and review events—including customary financial covenants and reporting obligations. With the refinancing concluded and the required interest reserve account established under the facility, The Star reports it now holds approximately A$130 million in additional liquidity. This capital will support ongoing operations, cost reduction efforts, and strategic projects. EBITDA remains negative Last month, The Star released its third-quarter results for the period ending 31 March 2024, revealing early signs of progress from its cost-cutting actions. While EBITDA improved significantly compared to the same quarter in the prior year, it still reflects a loss. These improvements stem from several initiatives, including the WhiteHawk refinancing, a binding long-term arrangement with Chow Tai Fook Enterprises Limited and Far East Consortium International Limited concerning the Queen’s Wharf Brisbane and Gold Coast resorts, and organisational streamlining within corporate offices. These measures follow new leadership after Bally’s Corporation and Investment Holdings completed their A$300 million strategic investment late last year. The Star commented in its report: “Further initiatives—such as optimising administrative functions across each property and identifying opportunities to reduce indirect costs and supplier expenses—are being pursued to drive long-term financial sustainability and strengthen the group’s overall financial position.” 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.