(AsiaGameHub) -   During the fiscal year ending 2025, NagaCorp Ltd achieved outstanding financial outcomes. The company‘s net profit soared to US$309.9 million when compared to a net profit of US$109.6 million in the fiscal year ending December 31, 2024. A major factor behind this profit growth was the absence of a non–cash impairment charge of US$89.1 million related to the firm‘s suspended Vladivostok project. Group revenue rose 26.2% year-over-year to US$709.7 million, while EBITDA jumped to US$404.4 million from US$202.8 million. Profitability metrics showed EBITDA margins reaching 57.0% and net profit margins climbing to 43.7%. NagaCorp will distribute an interim dividend of US$0.0109 per share, totaling US$48.3 million, which falls within the company’s 30% dividend policy for the second half of the year. This action reflects NagaCorp’s confidence in delivering returns to shareholders as it continues investing in growth and expansion projects, such as the proposed Naga 3 development, despite prior adjustments to its planned funding strategy. NagaWorld’s gross revenue increased by 27.4% to US$691.6 million in 2025. Mass-market table game revenues grew 27.2% to US$342.4 million, and electronic gaming machine revenues rose 13.5% to US$142.6 million. The growth in gross gaming revenue was attributed to a larger number of players and improved player win rates. The introduction of side bet features boosted NagaWorld’s gross gaming revenue, contributing approximately US$39 million in additional gross gaming revenue during 2025. Moreover, premium segments demonstrated strong momentum. High-limit mass gaming expanded its share of total mass table gaming revenue. NagaCorp’s VIP operations saw robust growth, with house-managed VIP revenues increasing from US$103.1 million in 2024 to US$136.2 million in 2025, marking a 32.1% rise. This growth in house-managed VIP revenues was primarily driven by higher rolling volumes among VIP players. Total referral VIP revenues surged 57.2% to US$70.4 million. 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.

(AsiaGameHub) -   WEMADE is set to roll out the global edition of Legend of YMIR on Steam at 10:00 AM KST on April 7, 2026. This launch expands the company’s PC distribution reach as it aims to grow the MMORPG’s global player base. Good to Know Legend of YMIR is scheduled to debut on Steam on April 7, 2026. A new class named Rune Fighter will be available alongside the launch. WEMADE is leveraging Steam to increase global accessibility and build a more sustainable long-term player base. WEMADE Aligns Steam Launch with Broader YMIR Expansion Strategy Instead of viewing Steam as merely another storefront, WEMADE is integrating it as a core component of Legend of YMIR’s global strategy. The company stated that the platform will help it reach more PC gamers, enhance accessibility, and foster a more resilient user base over time. The Steam edition will also include a major content update. WEMADE is introducing the Rune Fighter, a new combat class centered on rune abilities and a more adaptable fighting style. This addition is designed to offer new players an alternative entry point while providing existing users with fresh content. Put simply, WEMADE is combining distribution expansion with gameplay updates simultaneously. This makes the launch more impactful than a standard platform release and helps position Legend of YMIR as a more prominent global PC franchise.Michael Kim, Head of Game Business Division at WEMADE, commented: “Our goal is to provide a premium PC gaming experience that lives up to the standards of the Steam community. Launching on a new platform alongside the ‘Rune Fighter’ expansion marks the beginning of a new era for our players.” For WEMADE, the Steam launch is also significant because PC gaming platforms with large built-in audiences can help MMORPG publishers keep acquisition costs low while boosting long-term visibility. With Legend of YMIR, the company is clearly targeting broader reach, stronger player retention, and a more established presence in the global PC gaming market. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   STS has become a member of the International Betting Integrity Association, bringing one of Central Europe’s largest regulated sportsbook brands into the broader integrity network. The agreement connects STS to IBIA’s Global Monitoring and Alert Platform and expands coverage in Poland and neighboring markets. Good to Know STS is Poland’s leading sportsbook operator. IBIA’s monitoring network includes over 200 betting brands. The platform monitors more than $300 billion in annual betting turnover. IBIA has added another major European operator, as STS now contributes to its Global MAP system. This provides the integrity organization with greater visibility into regulated betting activity and gives STS an additional way to report suspicious betting patterns. Established in 1997, STS developed its business through both online and retail betting. It now ranks as Poland’s top sportsbook brand and one of Central Europe’s most prominent names. Due to this scale, the partnership enhances the IBIA network’s market coverage in a meaningful way. For STS, the agreement aligns with its broader emphasis on safer, more secure betting operations. The company stated that the partnership will assist in detecting and reporting unusual activity while fostering closer collaboration with other stakeholders in regulated betting.Radim Haluza, CEO of STS, said: “Collaborating with the International Betting Integrity Association reflects STS’s long-standing commitment to protecting the integrity of sport and ensuring a secure betting environment for our customers. We recognise the importance of proactive integrity monitoring and close cooperation with stakeholders across the regulated ecosystem. Through IBIA’s Global MAP, we are strengthening our ability to identify and report suspicious activity and contribute to the wider fight against betting-related corruption.” IBIA noted that STS brings both scale and market expertise to the platform. Global MAP already features over 200 betting brands and monitors more than $300 billion in annual sports betting turnover, so adding a major operator focused on Poland extends the system’s reach in Europe. Khalid Ali, CEO of IBIA, said:“We are delighted to welcome STS to IBIA. The operator brings significant scale and expertise to our Global MAP and reinforces IBIA’s position as the leading integrity body for the regulated betting industry. We look forward to working closely with STS to safeguard sport, protecting customers and support regulated betting markets.” 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.

(AsiaGameHub) -   Sportradar Group AG has introduced Playradar, a fresh iGaming brand designed for operators seeking to integrate sports content and casino offerings into a unified platform. This launch marks a significant expansion of Sportradar's iGaming strategy, with a rollout planned through 2026 across the UK, North America, and Latin America. Key Highlights Playradar integrates sports data, audiovisual streams, virtual sports, and casino gaming. Edo Haitin has been appointed to head Sportradar’s iGaming division. Playradar will exclusively serve regulated markets. Sportradar Revamps iGaming Portfolio with Playradar Sportradar is moving to bridge the gap between sportsbook and casino offerings. By leveraging live and historical sports data, streaming capabilities, and casino mechanics, Playradar aims to provide operators with hybrid gaming products centered on sports engagement. A core feature is the 24/7 Experience Centre, which allows users to view live streams and engage with games simultaneously on one screen. Sportradar notes that this format is designed to foster both general engagement and real-money wagering, while enabling real-time interaction among players. Furthermore, Playradar will provide hybrid content that transforms live and historical sporting events into event-driven gameplay. The platform will also feature a live prediction tool powered by Sportradar’s real-time data, alongside a suite of virtual sports, slots, table games, arcade titles, and crash games.Sportradar has tapped Edo Haitin, the former CEO of Playtech Live, to lead its iGaming operations. Haitin brings over two decades of expertise in senior leadership, operations, and live casino management. Carsten Koerl, Founder and CEO of Sportradar, stated: “iGaming is a logical and scalable progression for our company and a strategic move to accelerate our long-term growth. Playradar’s content is crafted to optimize cross-selling between sports and casino environments, assisting operators in boosting player value and session duration during a period where retention and engagement are vital for operational success. In Edo, we have a seasoned industry leader to guide this business, backed by a dedicated and enthusiastic team.” With an existing infrastructure that includes a game studio, sports data tools, streaming technology, and a global distribution network, Sportradar is well-positioned to help its clients—many of whom already operate in both sportsbook and casino sectors—enhance player value and engagement through Playradar.Edo Haitin, EVP of iGaming, added: “By merging our extensive expertise in sports data and live streaming with our proven product development capabilities, we intend to build hybrid gaming experiences that tap into the growing demand for sports-themed casino content. We are uniquely equipped to integrate live and historical sports events with innovative mechanics and casino products, while benefiting from our ability to distribute these games to an existing network of licensed operators. I am thrilled to be expanding our iGaming footprint through Playradar and to establish it as a leader in the space, utilizing Sportradar’s robust resources and our highly skilled team.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   On Tuesday, a jury based in Santa Fe ordered Meta to pay $375 million in civil penalties following a six-week trial examining child safety practices on Facebook and Instagram. The ruling secured a win for New Mexico under the state’s Unfair Practices Act, and counts as one of the most severe courtroom setbacks Meta has faced in a case connected to harm experienced by young platform users. Key Details Jurors found Meta liable for both claims that New Mexico filed against the company. The fine was set at $5,000 for each individual violation, the highest amount allowed under New Mexico state law. The second phase of the case is scheduled for May 4, and may result in additional penalties as well as changes to platform policies. New Mexico Jury Delivers a Major Legal Defeat to Meta While the monetary sum is notable, the greater significance may lie in what the ruling represents. In a press release distributed immediately after the verdict, the office of New Mexico Attorney General Raúl Torrez stated the ruling was a “watershed moment for every parent concerned about what could happen to their kids when they go online,” Torrez structured the case around the gap between Meta’s internal knowledge and its public communications. He stated: “Meta executives knew their products harmed children, disregarded warnings from their own employees, and lied to the public about what they knew. Today the jury joined families, educators, and child safety experts in saying enough is enough.” During the trial, New Mexico’s legal team drew on evidence from a 2023 undercover operation that used decoy Facebook and Instagram accounts set up to appear as if they belonged to users under the age of 14. Per the state’s findings, these accounts were sent sexually explicit content and received sexual solicitations from multiple men located in New Mexico. Law enforcement arrested those men in May 2024, with two taken into custody at a motel where they believed they were meeting a 12-year-old girl. State attorneys also used internal company records and testimony from former Meta employees to argue that repeated warnings from staff and child safety experts failed to result in adequate action from the firm. Some of the most impactful testimony came from Arturo Béjar, a former engineering and product leader at Meta, who told jurors he attempted to raise alarms after his 14-year-old daughter received unsolicited sexual advances on Instagram. He also outlined the dangerous functionality of the platform’s recommendation systems. “The product is very good at connecting people with interests,” Béjar said, “and if your interest is little girls, it will be really good at connecting you with little girls.” Another former executive, Brian Boland, testified that safety did not appear to be a genuine priority for the company’s senior leadership. Boland, who worked at Meta for nearly 12 years before leaving in 2020, said he “absolutely did not believe that safety was a priority” for CEO Mark Zuckerberg and then-COO Sheryl Sandberg. Jurors were also shown a recorded deposition from Zuckerberg. In the recording, he described research investigating whether the platforms are addictive as “inconclusive.” New Mexico’s legal team pushed back on this claim, pointing to internal research that found certain product features were designed to trigger dopamine responses and extend the amount of time users spend on the apps. When asked if a parent had a right to know if a product their child uses is addictive, Zuckerberg responded that there was a lot to “unpack in that.” Meta has announced it intends to appeal the ruling. A company spokesperson said the firm “works hard to keep people safe” on its platforms and that it “respectfully disagree[s] with the verdict.” The New Mexico case is not the only legal battle Meta is currently facing. A separate trial in Los Angeles also centers on allegations that social media platforms are addictive and caused harm to young users. That case was filed by a California woman identified as K.G.M. TikTok and Snap reached settlement agreements before the trial started, while Meta and YouTube remain defendants in the case. Jurors for that trial are still deliberating, and the judge recently instructed them to continue discussions after they indicated they were having trouble reaching a verdict for one defendant. The next stage of the New Mexico case will launch on May 4. That phase is a bench trial focused on public nuisance claims, meaning a judge rather than a jury will determine the outcome. New Mexico is arguing that Facebook and Instagram caused broader harm to the health and safety of state residents, and this portion of the case could lead to additional penalties, age verification requirements, and stronger protections for minors. 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.

(AsiaGameHub) -   New Jersey is edging closer to prohibiting micro bets, one of the speediest types of in-game wagering. On March 23, a Senate committee approved SB 2160, sending the bill to the Senate floor for a second reading. Good to Know SB 2160 would prohibit wagers on the next play, pitch, or immediate in-game action. Senators Paul Moriarty and Patrick Diegnan are the bill’s sponsors. Penalties would be $500 to $1,000 per violation. New Jersey Pushes Back Against Micro Betting The bill would prevent sportsbooks from offering or taking wagers on outcomes like whether the next baseball pitch will be a strike or if the next football play will be a run or pass. Unlike regular live betting, micro bets are settled in seconds and let users place another wager right away. Supporters cite two key risks. Moriarty noted that the format is more easily manipulated, as an insider with info on the next play could gain an advantage. He also stated that the product’s speed can lead to excessive, impulsive gambling. Diegnan added that the nonstop betting opportunities make micro bets riskier than traditional wagering. Violations would be classified as a disorderly persons offense.New Jersey doesn’t release separate data on micro bets, but Rutgers University research for state regulators found in-game betting makes up a significant portion of activity. The most recent study showed that two-thirds of state bettors place in-game wagers, and high-intensity bettors make up over 50% of in-game volume. The research also found that in-game betting increases the likelihood of overspending. Operators have already demonstrated the importance of live betting. DraftKings CEO Jason Robins stated during a first-quarter 2025 earnings call that live betting accounted for over half of the company’s handle. In established European markets, in-game betting makes up more than 60% of wagers. New Jersey isn’t the only one. New York has proposed similar legislation, and Major League Baseball struck agreements last November to limit pitch-level bets to $200 and exclude them from parlays, citing integrity issues. 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.

TOKYO, Mar 25, 2026 - (JCN Newswire via SeaPRwire.com) - Sumitomo Heavy Industries, Ltd. (SHI) and NEC Corporation (NEC) will begin joint development in April 2026 of a system that automatically identifies near-miss incidents at construction sites and generates reports as part of promoting safety. The system utilizes camera footage and sensor data collected from hydraulic excavators, aiming to prevent accidents.Overview of safety measure implementation using the jointly developed systemBackgroundConstruction industry operations are heavily influenced by unpredictable factors such as weather, geological conditions, and constantly changing work environments, resulting in frequent hazardous incidents. To enhance safety, there is growing demand for new support systems that leverage digital technologies. One such demand is for a system capable of automatically extracting, visualizing, and summarizing potentially hazardous scenes ("risk scenes") from site-specific and time-dependent video footage and work logs. However, within the construction industry, no technology is currently available for comprehensively supporting the entire process—from the accumulation of video data on construction machinery operations, to the extraction of risk scenes, the analysis and visualization of near-miss incidents, and, ultimately, the generation of reports in an end to-end manner.Against this backdrop, SHI—leveraging its expertise in construction machinery and data analytics—and NEC, with its long-cultivated capabilities in video recognition and cutting edge generative AI technologies, will jointly initiate the development of a first-of-its-kind system for the construction industry that automatically extracts near miss incidents and generates corresponding reports based on camera footage and sensor data captured from hydraulic excavators.OverviewThe new system will utilize an extraction AI model, trained on real world hydraulic excavator data accumulated on the SHI Group’s ICT/IoT common platform "SHICuTe" (1), to first identify and extract risk scenes from recorded video footage. These risk scenes, together with operational data from the hydraulic excavators, will then be analyzed using NEC’s proprietary technology that combines video recognition with generative AI (2), and stored as multimodal data incorporating temporal and spatial information. Based on this data, along with SHI’s expertise in construction-site machinery operations and human workflows, the system will cross reference hazardous and prohibited behavior data—which are defined by accidents, construction equipment failures, and operations requiring particular attention—as well as company specific data. Based on these matching results, the system will automatically identify the risk scenes that should be reported and automatically generate high quality near miss reports that provide a concise summary of the circumstances surrounding each incident.Prior to this initiative, a technical proof of concept was conducted in September 2025 to verify a system that automatically extracts near miss incidents and generates reports from video footage captured by cameras mounted on hydraulic excavators. The results confirmed that, based on the risk scenes extracted from the footage, the system was able to report near miss cases—including potential accident scenarios and their associated circumstances. Building on these outcomes, the joint development starting in April 2026 will aim to further expand the types of near miss incidents that can be identified and enhance the report generation capabilities in line with customers’ safety management needs, thereby contributing to the realization of safer construction sites.Process for generating near miss reportsOutlookIn fiscal year 2026, technical development and validation of the system will be advanced by utilizing on site data and safety management expertise from SHI, together with AI technologies and advanced technology consulting services provided by NEC, with the aim of achieving practical implementation in fiscal year 2027. Looking ahead, the companies plan to broaden the system’s applicability beyond scenes where physical contact between workers and machinery may lead to occupational accidents to include unsafe conditions that may not be readily recognized by workers, as well as considerations for site specific operational rules, thereby further expanding its scope of use.SHI and NEC will continue to combine their respective strengths to develop and validate new technologies, contributing to the realization of safer construction sites.(1) SHICuTe is a common platform that enables cross functional development of capabilities across the product lines of the SHI Group. It collects and stores various operational data from the group’s products connected online. "SHICuTe" is a registered trademark of Sumitomo Heavy Industries, Ltd.(2) "NEC uses generative AI (LLM) and video recognition AI to automatically generate explanatory text from video - Applied to drive recorder videos, cutting accident report creation time in half -" (Announced by NEC on December 5, 2023) https://www.nec.com/en/press/202312/global_20231205_01.htmlAbout this technologyA new hope for zero construction-site accidents, born from a fusion of construction machinery data and LLMs ― A collaborative innovation by Sumitomo Heavy Industries and NEC URL: https://www.nec.com/en/global/rd/technologies/202512/index.htmlAbout NECThe NEC Group leverages technology to create social value and promote a more sustainable world where everyone has the chance to reach their full potential. NEC Corporation was established in 1899. Today, the NEC Group’s approximately 110,000 employees utilize world-leading AI, security, and communications technologies to solve the most pressing needs of customers and society.For more information, please visit https://www.nec.com, and follow us on LinkedIn and YouTube. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

(AsiaGameHub) -   Financial institutions are divided on prediction markets. While certain companies are expanding into the space, others are prohibiting staff participation due to increasing regulatory worries. Good to Know Trading in prediction markets has been prohibited for employees at Point72 Asset Management and Balyasny Asset Management. JPMorgan Chase permits participation as long as standard personal trading guidelines are followed. A more proactive strategy is being adopted by Susquehanna International Group and DRW. Divergent Stances on Prediction Markets Across Wall Street According to Bloomberg, Point72 Asset Management and Balyasny Asset Management have instituted total bans on staff trading, despite other firms recently considering specialized desks and recruiting talent with expertise in Kalshi and Polymarket. This shift highlights a rapid change in outlook. Compliance departments are concerned about legal disputes, the risk of insider trading, and the lack of regulatory clarity surrounding the industry. Documentation remains a significant hurdle. In the U.S., these markets are classified as derivatives under CFTC oversight. However, platforms like Polymarket and Kalshi often lack the electronic record-keeping capabilities required for firms to monitor and report compliance.Approaches vary across the industry. JPMorgan Chase has informed its staff that they may engage in these markets provided they adhere to the same personal trading protocols applied to other asset classes. Some organizations are doubling down. Susquehanna International Group employs approximately 60 traders focused on prediction markets in Dublin and Pennsylvania. Additionally, the company serves as Kalshi's inaugural official market maker and maintains an equity position in the platform. DRW is also seeking a specialized prediction market trader to handle strategies involving arbitrage, market-making, and event-driven plays on platforms like Kalshi and Polymarket. The Investment Adviser Association, representing over 600 firms with roughly $35 trillion in assets under management, noted a significant increase in inquiries from members regarding compliance within prediction markets. 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.

(AsiaGameHub) -   A recent Australian study has examined the influence of gambling marketing on the attitudes of women in Victoria. According to researchers, contemporary advertising, influencer material, sports affiliations, and brand initiatives are normalizing betting and downplaying its associated risks. Good to Know The study involved 525 women in Victoria aged 18 to 40. 79% said they had gambled in the previous 12 months. Researchers said influencer campaigns, women sports sponsorships, and cause-linked promotions were key concerns. Academics from Deakin University and Curtin University reported that many participants perceived gambling as more socially acceptable due to current marketing strategies. The research highlighted indirect methods, such as collaborations with influencers, novelty betting markets related to entertainment, and promotions associated with women's sports or charitable causes, rather than just overt advertisements. Three main themes emerged from the feedback: gambling appeared more normalized, women felt increasingly encouraged to participate, and the risks seemed minimized. Some respondents stated that betting promotions are crafted to "encourage," "attract," and "tempt" new customers, particularly younger women whose lifestyles are intertwined with platforms like Instagram and TikTok. Conducted online between June 14 and July 1, 2024, the survey targeted women aged 18 to 40 in Victoria. The majority (76%) resided in metropolitan Melbourne, and the average age was 31. The study found that 79% of participants had engaged in gambling within the past year.Strong criticism was directed at the tone and framing of the advertisements. Women reported that promotions often present betting as a casual, social, or safe activity. One participant remarked: “I think there is a lot of harm in promoting gambling in this way for anyone.” She added: “It makes an addictive activity appear harmless.” Another participant noted: “They make it seem harmless and can become a light joke.” The study identified influencer marketing as a significant factor in this perception. The survey reported: “Social media influencers were described as ‘relatable’ and ‘desirable’, and their involvement in gambling promotions was seen to make gambling seem glamorous and aspirational.” Researchers also emphasized a strategy perceived by respondents as gender-targeted reputation management by betting firms. Initiatives linked to International Women's Day or breast cancer awareness month were frequently met with skepticism. Nonetheless, some women conceded that such campaigns could foster trust in gambling brands, potentially enhancing the impact of their marketing.A sense of FOMO (fear of missing out) was also evident. Some participants expressed that when betting is integrated into entertainment, sports, and social media, it begins to feel like a standard aspect of contemporary living. In this environment, gambling can appear less hazardous and more like an expected social activity. The paper contextualized these findings within the broader Australian landscape, citing data that indicates annual gambling participation rates among Victorian women are nearly equal to those of men, with approximately half gambling yearly and one-third doing so monthly. The researchers contended that current regulations might be insufficient, as the primary influence now stems from indirect promotion instead of direct advertising. They advocated for stricter controls on influencer agreements, novelty markets connected to popular culture, and corporate social responsibility projects that also function as brand marketing. The authors also supported targeted public education campaigns designed to help women identify these marketing tactics and better evaluate the risks of gambling. At iGaming.org, we advise caution in attributing significant policy weight to a study of this nature. The sample size of 525 is relatively small, the methodology is subjective, and the findings are largely based on qualitative attitudes rather than quantifiable behavioral data. It is also reasonable to question the exclusive focus on women and whether this approach lends the study an authority that the core data may not entirely justify. 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.

(AsiaGameHub) -   California lawsuits are applying new pressure to Whatnot regarding how sports card breaks are sold on its platform. Plaintiffs argue the format amounts to illegal gambling, but the company disputes this and states gambling is prohibited on the site. Good to Know The cases encompass 15 arbitration claims with 30 plaintiffs. Plaintiffs assert that random card breaks and repacks violate California gaming laws. Whatnot stated it denies the claims and prohibits gambling on its platform. California Lawsuits Target the Random Aspect of Whatnot’s Card Sales A California legal battle now centers on one of the most popular elements of the modern sports card market. Instead of targeting standard card sales, the lawsuits zero in on live breaks and repacks—where buyers pay before learning which cards they’ll receive. That difference is significant. Plaintiffs aren’t challenging direct card purchases where the item is known in advance. Instead, they’re targeting the random format tied to unopened boxes and repack products. In these breaks, customers pay first, then a streamer opens the product live, and the final value can fluctuate drastically based on what’s inside. The lawsuits claim this setup resembles a lottery more than retail. Buyers pay for a shot at something valuable, with outcomes unknown until the pack is opened during the stream. Plaintiffs contend this structure violates state rules against illegal lotteries.Whatnot is a key player in the industry. The platform reported over $8 billion in sales in 2025 and moves more than six million trading cards monthly. That scale is one reason the case could have implications far beyond a single company—if plaintiffs win, it could reshape how live card breaks operate across the broader hobby. The complaints sharply criticize the platform’s self-representation. “Whatnot claims to run a ‘marketplace’ where live shopping connects ‘buyers’ and ‘sellers.’ This is a facade,” the case’s plaintiffs told The Athletic. The filing goes further: “In practice, Whatnot runs an unregulated online casino that preys on its customers by encouraging compulsive spending—generating billions in revenue without the protections mandatory for regulated gambling operations.” Allegations of Addiction That argument is supported by addiction claims from those involved in the cases. Attorney Paul Lesko told The Athletic that several clients were drawn in by the randomness and the thrill of the bidding and reveal process. “Our clients quickly became addicted to it,” he said. “… At some point, they even stop caring about the cards. It’s just the dopamine rush from bidding and winning an auction to secure a spot for the chance to get a team they want.”Repacks are also at the heart of the dispute. Unlike factory-sealed products, repacks are assembled by operators from cards they’ve already collected, then resold for break-style reveals. Critics say this adds another layer of concern because the product exists mainly for randomized resale. Plaintiffs are seeking multiple remedies: restitution, warnings for future breaks, spending limits, punitive damages, and a court ruling that the disputed activity is unlawful. Whatnot is pushing back. The company denied operating illegal gambling through its platform. In a statement to The Athletic, it said: “We completely reject the characterization in this complaint.” The company added: “Gambling isn’t allowed on Whatnot, and we enforce this policy rigorously.” 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.

(AsiaGameHub) -   A fresh legal battle has begun between the NCAA and DraftKings regarding betting promotions linked to college basketball tournament branding. The disagreement focuses on whether DraftKings is allowed to use popular NCAA tournament terms in sportsbook menus, advertisements, and other consumer-facing materials. Good to Know The NCAA is seeking an emergency restraining order against DraftKings. The terms in question include March Madness, Final Four, Elite Eight, and Sweet Sixteen. DraftKings claims its use of these terms is descriptive and protected by the First Amendment. Instead of concentrating on betting regulations, the most recent conflict between college sports and sportsbooks revolves around branding. In a lawsuit filed in the U.S. District Court for the Southern District of Indiana, the NCAA requested a judge to prohibit DraftKings from using a set of tournament-related terms across its sportsbook products and promotions. The case hinges on “March Madness,” “Final Four,” “Elite Eight,” and “Sweet Sixteen,” plus their related variations. According to the NCAA, these marks serve to identify and distinguish its men’s and women’s basketball tournaments across broadcasts, digital platforms, merchandise, sponsorships, and licensed business operations. The legal filing states that DraftKings integrated these terms into betting menus, marketing materials, and promotional visuals shown to users. Screenshots from DraftKings’ platforms were included as exhibits in the complaint.Wrong Timing? Timing plays a significant role in the NCAA’s argument. The association alleged that DraftKings began using the terms when public attention around the tournaments was at its peak. “On the eve of the Tournaments, DraftKings deliberately adopted and prominently began using the NCAA iconic NCAA Basketball Marks, including confusingly similar variations thereof, to trade on — and usurp — the immense goodwill, recognition, and consumer trust embodied in those Marks at the precise moment of peak public attention,” the complaint said. The NCAA further contended that this unauthorized use quickly spread across customer-facing channels. “DraftKings unlawful use quickly proliferated across its consumer-facing websites and mobile applications, embedding the marks and logos into betting menus, promotional graphics, and marketing publications, to deliberately exacerbate consumer confusion and reinforce a false association with or sponsorship by the NCAA in order to continuously capitalize on the goodwill of the NCAA,” the complaint said. DraftKings is taking a completely different stance. The company stated that it does not treat “March Madness” as a trademark in its sportsbook displays; instead, it uses the phrase in plain text to identify tournament games. “DraftKings does not use the term March Madness as a trademark, but rather uses it in plain text and as a fair use in the same manner that other tournaments are displayed, such as the NIT, in order to accurately identify the different tournaments and their respective games,” DraftKings said. “It is protected speech under the First Amendment and is not a violation of any brand trademark. We are confident that the courts will deny this request for an injunction.” Beyond the trademark dispute, the NCAA used this case to emphasize its broader separation from gambling operators. The association noted that it has rejected sportsbook sponsorships, banned athletes and staff from participating in betting, and opposed prop bets and micro-bets. It also highlighted ongoing efforts to reduce harassment and improper influence tied to college sports wagering.This broader concern resurfaced in a separate NCAA statement related to the complaint. “Every day that DraftKings continues to use these marks, millions of sports fans — and, critically, college students and young adults who are particularly susceptible to gambling harm — are exposed to the false suggestion that the Association has authorized or endorsed DraftKings gambling platform,” the NCAA said in a statement. FAQ What is the NCAA asking the court to do? The NCAA is seeking an emergency restraining order that would require DraftKings to stop using tournament-related terms in its sportsbook offerings, advertising, and associated materials. Which terms are in dispute? The complaint lists March Madness, Final Four, Elite Eight, and Sweet Sixteen, along with similar variations, as the terms at issue. Where was the complaint filed? The NCAA submitted the complaint to the U.S. District Court for the Southern District of Indiana. What is DraftKings defense? DraftKings asserts that it uses the terms descriptively in plain text (not as trademarks) and that this use is protected speech under the First Amendment. Why does the NCAA say the use is harmful? The NCAA argues that the use creates consumer confusion and implies a false connection or endorsement between the association and the sportsbook.What wider gambling concerns did the NCAA mention? The association stated that it avoids sportsbook partnerships, prohibits betting by athletes and staff, and opposes wagering formats like prop bets and micro-bets. 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.

TOKYO, Mar 25, 2026 - (JCN Newswire via SeaPRwire.com) - NEC Corporation's (NEC; TSE: 6701) ecosystem-based corporate venture capital (CVC) fund, NEC Orchestrating Future Fund (NOFF), has invested in AGI7, Inc. (AGI7), provider of the Physical AI platform "Alpha Vision." This platform enables AI agents to understand physical spaces and to automatically execute effective responses to detected events.In recent years, a wide variety of sites, including stores, warehouses, construction sites, data centers, event venues, and public infrastructure, have seen growing needs for advancing safety measures, addressing labor shortages, integrating visualization across multiple locations, and making rapid decisions. However, there are limits to manually and continuously monitoring the vast amounts of video and sensor data collected from cameras and IoT devices. Consequently, there is a rapidly growing demand for AI that can understand physical spaces and perform advanced visualization and evaluation.AGI7's Alpha Vision leverages existing camera infrastructure, enabling AI to grasp the conditions of physical spaces in real time. The platform features multiple AI agents that automatically perform tasks such as patrols, risk detection, voice guidance, situation assessment, and report generation. A "Magic Search" function enables language searches across dispersed video data to instantly identify past events and activities. Combined with AI agent-generated reports, this reduces daily operational burdens and facilitates rapid decision-making. This approach is gaining traction in retail, logistics, construction, and other sectors, drawing attention as a next-generation Physical AI platform revolutionizing operation models for physical spaces.Through this investment, NEC will combine its video analytics technology and expertise in public safety with AGI7's advanced Physical AI platform to contribute to realizing a safe, secure, and resilient world.AGI7 Co-Founder & CEO Song Cao"We are honored to welcome the investment from the NEC Orchestrating Future Fund and deeply appreciate their confidence in our Physical AI technology. AGI7’s 'Alpha Vision' platform fundamentally solves labor shortages and operational inefficiencies by enabling AI agents to autonomously perceive, interpret and react to real-world events. Through this strategic partnership with NEC and their global expertise, we look forward to deploying our technology at scale and jointly accelerating the automation and intelligent transformation of physical operations across all environments."NEC Corporate SVP Shigeki Wada"Ensuring field safety and optimizing operational efficiency are increasingly vital for supporting social infrastructure. AGI7's AI platform for physical spaces enables AI agents to accurately perceive events in the physical world and translate them into effective assessments and actions. By combining this with NEC's long-accumulated expertise in public safety and industrial domains, we will contribute to advancing field operations and creating new social value."About NECThe NEC Group leverages technology to create social value and promote a more sustainable world where everyone has the chance to reach their full potential. NEC Corporation was established in 1899. Today, the NEC Group’s approximately 110,000 employees utilize world-leading AI, security, and communications technologies to solve the most pressing needs of customers and society.For more information, please visit https://www.nec.com, and follow us on LinkedIn and YouTube. Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

(AsiaGameHub) -   Fanatics Sportsbook has introduced a new wagering option known as Squad Bets, offering customers an alternative method to construct parlays across major sports. This feature enables bettors to assemble a group of players working toward a single combined statistical goal rather than depending on individual prop bets to succeed sequentially. Good to Know Squad Bets enables users to create a roster of three to six athletes. The functionality is operational at Fanatics Sportsbook throughout eligible markets. NBA, MLB, NHL, NFL, and prominent soccer competitions are included in the launch. Fanatics Sportsbook debuted Squad Bets on Tuesday as a fresh alternative for gamblers who favor team-oriented combinations instead of conventional player prop parlays. The mechanism is straightforward. A participant can select a collection of athletes and designate a unified objective for them. For instance, if five NBA competitors are chosen to accumulate 100 collective points, the bet remains active provided the ensemble achieves that total. This concept extends to other sports, like running backs amassing five touchdowns together. This alters the conventional parlay structure. In a typical player prop parlay, a single failure can void the entire wager. With Squad Bets, an individual athlete may underperform while the bet can still pay out if the remaining members propel the squad to its goal."Squad Bets brings a radically different approach to parlay wagering," stated Michael Fitzsimmons, Senior Vice President of Brand Marketing at Fanatics Sportsbook. "By moving the emphasis from individual components to group accomplishment, Squad Bets provides a more customized gambling experience that reflects how enthusiasts engage with athletics." Squad Bets also integrates with additional Fanatics functionalities. FanCash rewards are applicable to these wagers, and Fair Play Injury Protection functions within the team-assembly format, meaning a single injured competitor won't automatically nullify the bet. Fanatics presently operates its digital sportsbook across 23 U.S. states and Washington, D.C. Participants can monitor Squad Bets in real time through the Fanatics application.For basketball, accessible markets encompass points, rebounds, assists, and three-pointers. Baseball selections comprise strikeouts, runs, home runs, hits, runs batted in, and total bases. Hockey includes goals, points, assists, and shots. Football will feature touchdowns, receptions, receiving yards, rushing yards, passing yards, and passing touchdowns. Soccer markets will concentrate on goals and shots. FAQ What is Squad Bets at Fanatics Sportsbook? Squad Bets is a parlay-type function that allows users to merge three to six athletes toward a single collective statistical objective. How is Squad Bets different from a normal parlay? A conventional parlay typically collapses when one component fails. Squad Bets permits the entire ensemble to achieve the target collectively. Which sports are included? Fanatics indicated Squad Bets will encompass NBA, MLB, NHL, NFL, and significant soccer matches. What stats can bettors use? Markets comprise points, rebounds, assists, three-pointers, home runs, hits, strikeouts, goals, shots, touchdowns, passing yards, and additional options based on the sport. Does Squad Bets work with FanCash and injury protection? Yes. Fanatics confirmed Squad Bets contributes to FanCash accumulation and also operates with Fair Play Injury Protection. 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.

(AsiaGameHub) -   Brazil is gearing up for additional restrictions on online betting platforms. According to Vice President Geraldo Alckmin, the government plans to strengthen regulations as retail groups continue to pressure Brasília regarding concerns about consumer spending, debt levels, and gambling addiction. Good to Know Brazil intends to impose further restrictions on betting platforms following previous regulatory and tax actions. Retail groups argue that betting is negatively impacting household spending and increasing debt burdens. Betting industry groups dispute these claims, citing retail growth statistics. Brazil's Betting Debate Escalates into Conflict Over Spending and Regulation New limitations on online betting are under consideration in Brazil. Following a meeting with retail leaders in Brasília, Vice President Geraldo Alckmin stated that the government is readying additional measures to address risks associated with betting apps and mobile gaming. "We also addressed the matter of… bets… They were unregulated and entirely underground. So we regulated them, applied taxes, and will implement further restrictions to curb this mobile gaming, which is deeply concerning and leads to gambling addiction," Alckmin stated. Retail sector pressure has significantly influenced this initiative. Representatives from the Brazilian Association of Supermarkets and the Brazilian Association of Wholesalers and Distributors attended the meeting, where they once again connected the expansion of betting to reduced consumption and growing household debt. For retailers, this has become a primary focus of their lobbying efforts in recent months.However, data from Brazil's Finance Ministry presents a more nuanced view. Statistics acquired through the Access to Information Law reveal that 53.4% of bettors spend a maximum of $9.47 monthly on sports betting and online games. An additional 11.45% spend between R$50 and R$150, 6.4% spend between R$150 and R$300, 9.4% spend between R$300 and R$1,000, and 19.5% spend over R$1,000 per month. The average monthly expenditure in 2025 was R$122. Industry groups have leveraged these figures to counter the claims. In June 2025, ABRAS initiated a campaign advocating for increased taxes on betting operators, prompting a legal challenge from the National Association of Games and Lotteries. ANJL dismissed the assertion that betting resulted in R$103 billion ($19.51 billion) in retail losses as unfounded. The organization stated that these accusations "lack empirical support" and characterized them as "broad and potentially defamatory claims that exceed criticism of individual entities and target the entire industry." It also pointed to official retail figures. "IBGE official data indicates that retail sales grew by 4.7% in 2024, with no concrete evidence connecting the sector's performance to the regulated gambling market," the group stated.Plínio Lemos Jorge escalated the criticism, accusing retailers of seeking a scapegoat for rising food prices. He claimed the retail sector had decided to "select a scapegoat" for this issue. "In their view, betting is to blame. This is absurd, as it spreads misinformation aimed at attacking a legitimate economic sector that will generate billions in taxes this year alone," he said. For the government, however, the next phase seems to involve increased rather than reduced control. Brazil has already taken steps to regulate and tax betting, aiming to bring a previously informal market into a formal framework. The focus is now moving toward stricter protections, particularly concerning addiction risks and mobile accessibility. The same Brasília meeting also addressed other retail policy matters, such as full-service pharmacies within supermarkets and discussions surrounding the Worker Food Program. Nevertheless, betting emerged as one of the most politically charged topics. An additional concern looms in the background. Some analysts caution that excessive restrictions could drive users away from licensed operators toward offshore or illegal platforms. One analyst noted that stricter limits on legal platforms "would benefit the illegal market" if consumers seek options beyond regulated channels. 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.

(AsiaGameHub) -   Kalshi has introduced new trading limitations designed to mitigate insider trading risks associated with political and sports contracts. The changes were announced on Monday, a time when prediction markets are grappling with legal scrutiny and renewed concerns about market integrity. Good to Know Kalshi will prohibit political candidates from trading in markets related to their own campaigns. Athletes, referees, and other sports staff will be restricted from participating in specific sports markets relevant to their roles. Polymarket, another prediction market platform, also released revised insider trading guidelines on Monday. Kalshi stated that the new restrictions are proactive measures that have been in the works for several months. However, the timing of the announcement attracted notice, as it came only hours after a bipartisan U.S. Senate bill was proposed to outlaw prediction market contracts for sports events. Per the new policy, political candidates seeking office will be excluded from trading in markets connected to their own campaigns. Additionally, Kalshi is preventing individuals associated with college and professional sports—such as athletes, staff members, and referees—from trading in markets related to the leagues they are part of. The company is implementing these changes amid mounting pressure on prediction markets from multiple fronts. Over a dozen states have ongoing lawsuits that question the legality of sports event contracts. Concurrently, atypical trading activity has sparked further doubts about the integrity of markets focused on political and global events.Polymarket, a competing platform, also issued enhanced insider trading guidance on Monday. Collectively, these changes indicate that leading prediction market operators are working to strengthen their controls as legal and political pressures continue to grow. Not all parties are satisfied with Kalshi’s tightened restrictions. Congresswoman Alexandria Ocasio-Cortez (AOC) argues that the measures are insufficient, noting that significant risks remain and that further restrictions are necessary beyond what has been put in place. This is absolutely not enough. Just on the policy piece alone, there are SO many individuals – staff, advisors, consultants, cabinet secretaries, spouses, and more – that can trade on insider information.This is just a fig leaf to deflect from criticism. We need to do more. https://t.co/9arxK8KPF0 — Alexandria Ocasio-Cortez (@AOC) March 23, 2026 This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Information from Brazil's Ministry of Finance reveals that the majority of individuals using sports betting and online gaming sites spend moderate sums monthly. The data also provides a more detailed picture of age and gender distributions within the regulated sector. Good to Know 53.4% of bettors in Brazil spend a maximum of R$50 each month. Male users constitute 68.2% of the total, with females representing 31.8%. Approximately 19.5% spend over R$1,000 monthly, equating to roughly 4.3 million individuals. The statistics, provided by Pay4Fun and featured in Tácio Lorran's column for Metrópoles, originate from Ministry of Finance data acquired via the Access to Information Law. They indicate that low monthly expenditure continues to be standard for a significant portion of the betting population in Brazil. Over half of all users, precisely 53.4%, spend no more than R$50 per month on these activities. An additional 11.45% spend between R$50.01 and R$150, and 6.4% are in the R$150.01 to R$300 bracket. A further 9.4% allocate between R$300.01 and R$1,000 monthly. On the higher end, 19.5% of bettors state they spend more than R$1,000 each month. This segment is estimated to include about 4.3 million people.The figures also reveal a distinct gender division. Men represent 68.2% of bettors, whereas women make up 31.8%. In terms of age, the most prominent category is 31 to 40 years old, comprising 28.63% of total users. Those aged 25 to 30 account for 22.21%, and bettors aged 24 and under represent 22.06%. Engagement subsequently declines with age: 17.20% for ages 41 to 50, 7.02% for 51 to 60, 2.17% for 61 to 70, and 0.60% for individuals over 70. Leonardo Baptista, chief executive and co-founder of Pay4Fun, commented that the data highlights a market predominantly characterized by lower spending tiers: “We must recognize that Brazilians enjoy entertainment, and the industry exists to provide it.“An emphasis on prohibition would only strip away what is now a regulated market, complete with rules and support, and drive it entirely into the illegal sphere, which lacks support, oversight, and prize guarantees.” The research did not specify which platforms are most frequently used by bettors. It also did not detail the most favored games or types of wagers. 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.

(AsiaGameHub) -   Maryland legislators have advanced two bills targeting sweepstakes casinos through the House, forwarding both to the Senate Budget and Taxation Committee. Concurrently, a distinct initiative to legalize online casinos stalled ahead of a crucial legislative deadline. Good to Know HB 295 passed the House on March 20 by a 105 to 25 vote. HB 1226 passed on March 23 by a 134 to 2 vote. Maryland online casino bills did not advance before Crossover Day. Maryland House Moves 2 Sweepstakes Casino Bills to Senate Maryland has moved a step closer to prohibiting sweepstakes casinos. Both House Bill 295 and House Bill 1226 were approved by the House and are now directed to the Senate Budget and Taxation Committee. HB 295 aims to establish a new criminal prohibition against what the legislation terms interactive games. This refers to online or mobile platforms utilizing multiple forms of currency that are convertible into prizes or cash equivalents while mimicking casino games, lottery offerings, or sports wagering. Games that provide only non-monetary prizes would remain exempt from the ban. The legislation's scope extends beyond just platform operators. It also applies to promoters and other individuals associated with such platforms. Potential penalties include fines from $10,000 to $100,000 and prison sentences of up to three years.HB 295 progressed slowly before its floor vote. Following a February 5 hearing in the Ways and Means Committee, the bill was inactive for over a month. Legislators ultimately advanced it on March 19 after amending its enforcement provisions. During the floor discussion, some representatives expressed concerns about the wording potentially affecting free-to-play users. The second piece of legislation, HB 1226, is designed to bolster enforcement capabilities. It would grant regulators expanded authority to issue cease-and-desist orders, block financial transactions and platform access, and seek both civil and criminal penalties against unlawful operators and their service providers. Maryland's General Assembly must still approve at least one of these bills before the session concludes. Should that occur, Maryland would become the eighth state to outlaw sweepstakes casinos, joining Indiana and six others. While the anti-sweepstakes measures progressed, efforts to legalize online casinos faced setbacks. Two Senate bills intended to establish a regulatory framework for iGaming did not move forward before the General Assembly's crossover deadline, halting that initiative for the time being. 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.

(AsiaGameHub) -   bet365 has departed the American Gaming Association, adding another high-profile operator to the string of member losses the trade group has seen in recent months. This exit follows the departures of FanDuel and DraftKings, as the U.S. gambling industry continues to split over prediction markets and the future direction of national gambling policy. Key Highlights bet365 cites the AGA’s focus on retail casinos as the reason behind its exit. Both FanDuel and DraftKings exited the association in November 2025. Fanatics and OpenBet have also departed within the same six-month period. bet365 Grows AGA’s List of Member Losses Another major industry operator has cut ties with the American Gaming Association. bet365 confirmed its exit, noting the trade group’s priorities no longer align with its goals as a digital-first company. “As a digital-first operator, bet365 has withdrawn from the AGA due to the organization’s heavy focus on the retail casino industry,” a bet365 spokesperson told iGaming.org on Tuesday. “We place great value on our industry partnerships and remain committed to working constructively with regulators and partners across all markets where we operate.” bet365’s decision comes after the earlier departures of FanDuel and DraftKings, both of which left the association in November 2025. For those two firms, disagreement over prediction markets was the core of the split. Both companies signaled clear interest in growing in that sector, while the AGA took a firm hardline stance against sports event contracts. In a December 2025 membership letter, AGA chief executive Bill Miller wrote: “Our position is clear and unwavering: sports event contracts are a form of gambling, and gambling is regulated by individual states and tribal nations. “In 2026, we will continue to defend this regulatory framework and uphold state authority and tribal sovereignty.” bet365 pointed to the AGA’s retail casino focus, rather than disagreement over prediction markets, as its reason for leaving. Even so, the broader industry divide is impossible to miss. Multiple large operators see significant growth opportunity in prediction markets, despite the ongoing legal and regulatory fights currently underway. FanDuel made this same position clear when it exited last year. “FanDuel has built our business by maintaining strong industry partnerships, and we value the collaborative spirit that comes with these relationships,” a FanDuel spokesperson said in November. “But as we expand into prediction markets, we recognize this growth direction is not aligned with the American Gaming Association’s current priorities for its member operators.” The spokesperson added: “FanDuel has always been an agile, forward-moving company, from daily fantasy to mobile sports betting to prediction markets. We build what consumers want, and we operate with an unwavering commitment to integrity.” For the AGA, bet365’s exit adds to a difficult stretch. Fanatics and OpenBet have also left within the same six-month window, leaving the group with a growing gap between its retail-focused policy priorities and the direction many digital operators want to pursue. 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.

(AsiaGameHub) -   Alberta has established significant deadlines for operators seeking to participate in a regulated market for online sports betting and casino games. The Alberta Gaming, Liquor and Cannabis Commission (AGLC) has issued new guidance that clarifies the timeline for applications, the exit from the grey market, and the rules for transitioning player accounts. Key Takeaways Operators are required to submit applications and fees by July 13, 2026. In specific instances, the AGLC may grant extensions until October 13, 2026. While over 55 operator sites have indicated interest, only nine had paid fees as of March 17. Alberta Establishes Deadlines as iGaming Launch Approaches The AGLC has outlined crucial dates for private operators in anticipation of a potential spring launch for regulated iGaming in Alberta. This guidance applies to sports betting websites, online casino platforms, and grey market operators currently accepting wagers in the province without official authorization. According to the new framework, any operator or affiliated entity operating an unregulated lottery scheme in Alberta is required to file a complete application and pay all applicable fees by July 13, 2026. Additionally, these operators must cease accepting unregulated wagers by this deadline. The AGLC indicated that it might provide a case-by-case extension of up to three months, setting October 13, 2026, as the final cutoff date. However, the regulator noted that such extensions would only be granted if an operator can demonstrate a path to compliance that was not achievable prior to July 13.July 13 does not mark the official market launch date. The guidance specifies that the Alberta iGaming Corporation will decide the go-live date. If the launch occurs after July 13, unregulated activities must halt by the go-live date, although no extension can extend beyond October 13. If the launch is delayed until after October 13, all grey market activities must nevertheless cease on the launch day. The AGLC cautioned that non-compliance with these rules could result in a determination of unsuitability for registration in Alberta. This is significant as the province seems to be utilizing the transition period to compel grey market brands to either join the regulated system legitimately or withdraw. Interest appears robust, at least theoretically. The AGLC reported that over 55 operator sites have shown interest in entering the market. However, as of the March 17 guidance document, only nine had remitted the required fees. The AGLC also stated it is monitoring advertising and broader market activities closely, noting that persistent non-compliance could influence future suitability rulings. For players, a practical concern is prominent. Operators joining the new framework are required to settle or void all outstanding wagers prior to launch. This encompasses futures bets placed with grey market sportsbooks. Furthermore, operators must refund player balances and provide clear explanations regarding the timelines and processes for account closure.This requirement reflects a portion of the transition process in Ontario before its competitive iGaming market launched in 2022. Alberta is largely adopting this model and is set to become the second Canadian province to feature an open, regulated online gambling market. Currently, Play Alberta is the sole authorized site in the province. Speaking to iGaming.org, an AGLC spokesperson revealed that the regulator is collaborating with Service Alberta, Red Tape Reduction, and the Alberta iGaming Corporation regarding a spring launch. The spokesperson emphasized that informing operators about the transition period is crucial as the launch of an open regulated market draws near. Some foundational work is still pending. The Alberta iGaming Corporation must be fully operational and finalize contracts with operators. Additionally, fees continue to pose a challenge for some applicants. Operators are subject to a one-time application fee of $50,000, an annual registration fee of $150,000, and a de facto tax rate slightly exceeding 20%. 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.

Kawasaki, Osaka, Japan, Mar 25, 2026 - (JCN Newswire via SeaPRwire.com) - Fujitsu Limited and the Center for Quantum Information and Quantum Biology at The University of Osaka today announced the development of a new technology designed to accelerate the industrial application of quantum computers in the era of early fault-tolerant quantum computing (early-FTQC). By combining ver. 3 of the STAR architecture, a unique highly efficient phase rotation gate quantum computing architecture, with a novel molecular model optimization technique, researchers have significantly reduced computational resource requirements. This breakthrough will enable the energy calculations for chemical material design such as catalyst molecules, within a realistic timeframe using early-FTQC quantum computers. These kinds of calculations are currently not possible using current computers, and would take millennia even using previous versions of the STAR architecture. The technologies are expected to contribute to solving various societal challenges, including accelerating drug discovery, improving the efficiency of ammonia synthesis processes, and advancing carbon recycling technologies.BackgroundQuantum computing holds significant promise across a wide range of industries, including drug discovery, cryptography, and finance. However, current quantum systems are highly error-prone, and practical applications are generally believed to require quantum computers with millions of qubits.To improve error correction and accelerate practical application of quantum computing, Fujitsu and The University of Osaka established the STAR architecture ver. 1 on March 23, 2023, followed by ver. 2 on August 28, 2024. The latter, with advanced phase rotation gates, significantly expanded computational scale, enabling potential early-FTQC calculations of solid-state material properties like high-temperature superconductivity.However, accurately calculating complex molecular chemical energies for practical applications still required excessive resources, and prior methods were limited by insufficient computational power or impractical timeframes.Newly developed technologyThis joint research [1] has demonstrated that combining the following two technologies enables energy calculations for chemical materials with sufficient accuracy and within a practical timeframe:1. Development of the STAR architecture ver. 3STAR architecture ver. 1 and 2 previously demonstrated more efficient quantum computing with unique phase rotation gates over conventional T-gate FTQC architecturesVer. 3 improves computational accuracy by more than 10x compared to ver. 2 by integrating phase rotation gates with logical-T gatesThis advancement enables more complex molecular calculations with the same qubit count and lowers the error rate requirements for qubitsFigure 1: Comparison of universal gate sets in quantum computing architectures 2. Technology for molecular model optimization This molecular model optimization technology is designed for use with quantum computers implementing STAR architecture ver. 3 and is applied during the process of generating quantum circuits from molecular modelsThis technology refines existing methods, which reduce computational resources by decomposing molecular models into many terms and selectively applying two techniques—time evolution and random sampling—with different characteristics based on the importance of each termThe technique reshapes the molecular model while preserving approximation accuracy, redistributes term importance, and optimizes the balance between the two techniques. This minimizes the number of gates in quantum circuits for molecular energy calculations, achieving a substantial reduction of computation time compared to conventional methodsFigure 2: Principle of molecular model optimization To validate the effectiveness of these technologies, the researchers evaluated the number of qubits and computational time required for industrially applicable energy calculations for three distinct molecules: Cytochrome P450, an important oxidizing enzyme in drug discovery; Iron-sulfur clusters, catalytic proteins involved in ammonia synthesis and energy metabolism; and Ruthenium catalysts, a focus in synthetic chemistry. Accurate energy calculations for these molecules are currently infeasible with classical computers due to memory limitations. Even with the STAR architecture ver. 2, such computations would take several millennia and high precision calculations would be difficult to achieve due to the scale of the calculation. The results of this validation primarily demonstrate that the STAR architecture ver. 3 reduces the number of qubits necessary to perform the calculations to between 1/15 and 1/80 of conventional FTQC architectures. Furthermore, the partners confirmed that calculations are feasible on early-FTQC quantum computers even with a lowered physical error rate requirement for qubits, from the previous 0.01% to 0.10%.Figure 3: Number of qubits required for energy calculation of three molecules Moreover, the molecular model optimization technology shortened computation time by three orders of magnitude compared to not using the technology. Fujitsu and The University of Osaka confirmed that computation times could be significantly reduced to approximately 35 days with a qubit error rate of 0.10% and approximately 10 days with 0.01%. Further reduction in computation time is possible with future expected reductions in the physical error rates of quantum computers and the use of parallel computing with multiple quantum computers, making the achieved computation times sufficiently practical. Figure 4: Computational time required for energy calculation of three molecules Future plansFujitsu and The University of Osaka will continue to advance the STAR architecture and molecular model optimization technology, expanding the practical application range of quantum computers in the early-FTQC era. The partners aim to contribute to solving societal challenges by applying these technologies across various industrial fields, including drug discovery, new material development, and finance.(1) This research was supported by the Japan Science and Technology Agency (JST), the Program on Open Innovation Platforms for Industry-academia Co-creation (COI-NEXT),  "Quantum Software Research Hub" (JPMJPF2014); JST Moonshot Goal 6 "Realization of a fault-tolerant universal quantum computer that will revolutionize economy, industry, and security by 2050," R&D project "Research and Development of Theory and Software for Fault-tolerant Quantum Computers" (JPMJMS2061); MEXT Quantum Leap Flagship Program (MEXT Q-LEAP), and "Development of quantum software by intelligent quantum system design and its applications" (JPMXS0120319794) Related LinksCenter for Quantum Information and Quantum Biology at The University of OsakaSTAR Architecture pageFujitsu QuantumFujitsu Small Research LabFujitsu and Osaka University* develop new quantum computing architecture, accelerating progress toward practical application of quantum computers Fujitsu and Osaka University* accelerate progress toward practical quantum computing by significantly increasing computing scale through error impact reduction in quantum computing architecture* As of April 2025, the official English name for Osaka University is "The University of Osaka."Press Conference MaterialsHeld on March 25, 2026Presentation Material: Fujitsu and The University of Osaka develop new technologies for chemical material energy calculations on early-FTQC quantum computersAbout FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: global.fujitsuAbout The University of OsakaThe University of Osaka was founded in 1931 as one of the seven imperial universities of Japan and is now one of Japan's leading comprehensive universities with a broad disciplinary spectrum. This strength is coupled with a singular drive for innovation that extends throughout the scientific process, from fundamental research to the creation of applied technology with positive economic impacts. Its commitment to innovation has been recognized in Japan and around the world. Now, The University of Osaka is leveraging its role as a Designated National University Corporation selected by the Ministry of Education, Culture, Sports, Science and Technology to contribute to innovation for human welfare, sustainable development of society, and social transformation. Website:https://resou.osaka-u.ac.jp/enPress ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiriesThe University of OsakaCenter for Quantum Information and Quantum Biology, Planning Office — Press Release ContactE-mail: press_qiqb@ml.office.osaka-u.ac.jp Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com