Sport

Lotus Technology Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, April 8, 2024

In its first year of BEV delivery, the Company achieved a revenue of $679 million and a gross profit margin of 15% in 2023.

Key Points: 
  • In its first year of BEV delivery, the Company achieved a revenue of $679 million and a gross profit margin of 15% in 2023.
  • Revenue in the fourth quarter of 2023 was $361 million, representing a 92% quarter-on-quarter increase.
  • The Company delivered 6,970 vehicles in 2023, an annual record in the 76-year history of the Lotus brand, with BEV models representing 63% of total deliveries.
  • Vehicle deliveries in the fourth quarter of 2023 increased nearly 110% quarter-over-quarter to 3,749.

Rush Street Interactive Appoints Brian Sapp as Chief Marketing Officer

Retrieved on: 
Monday, April 8, 2024

CHICAGO, April 08, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced the appointment of Brian Sapp to the newly-created role of Chief Marketing Officer.

Key Points: 
  • CHICAGO, April 08, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced the appointment of Brian Sapp to the newly-created role of Chief Marketing Officer.
  • Upon his appointment, Brian expressed his enthusiasm, stating, "I am thrilled to join Rush Street Interactive at a time when the company has such strong momentum.
  • Brian's appointment underscores Rush Street Interactive's commitment to innovation and strategic growth in the rapidly evolving online gaming landscape.
  • His extensive experience and proven leadership will undoubtedly propel Rush Street Interactive to new heights of success as new markets come online and existing markets continue to mature.

Ambarella’s Latest 5nm AI SoC Family Runs Vision-Language Models and AI-Based Image Processing With Industry’s Lowest Power Consumption

Retrieved on: 
Monday, April 8, 2024

These new SoCs provide the industry’s most power- and cost-efficient option for running the latest multi-modal vision-language models (VLMs) and vision-transformer networks.

Key Points: 
  • These new SoCs provide the industry’s most power- and cost-efficient option for running the latest multi-modal vision-language models (VLMs) and vision-transformer networks.
  • This is Ambarella’s first mass-market SoC family to integrate its latest CVflow® 3.0 AI engine, which provides 3x the performance over the prior generation with support for VLMs and vision transformers, as well as advanced AI-based image processing.
  • Additionally, the CV75S integrates the latest generation of Ambarella’s industry-leading image signal processor, 4KP30 H.264/5 video encoding, dual Arm® Cortex-A76 1.6GHz cores and USB 3.2 connectivity.
  • For more information or to schedule a demo during the show, please contact your Ambarella representative.

Sports.com Embarks on Major Content Strategy Expansion Following Successful Live Streaming Event

Retrieved on: 
Friday, April 5, 2024

LONDON, April 05, 2024 (GLOBE NEWSWIRE) -- In the wake of the live streaming success of the heavyweight title fight between Frazier Clarke and Fabio Wardley, Sports.com, a leading digital sports content provider and a subsidiary of Lottery.com Inc. (NASDAQ: LTRY, LTRYW), is proud to announce a significant expansion of its content strategy.

Key Points: 
  • LONDON, April 05, 2024 (GLOBE NEWSWIRE) -- In the wake of the live streaming success of the heavyweight title fight between Frazier Clarke and Fabio Wardley, Sports.com, a leading digital sports content provider and a subsidiary of Lottery.com Inc. (NASDAQ: LTRY, LTRYW), is proud to announce a significant expansion of its content strategy.
  • The landmark event featuring the clash between Clarke and Wardley at London's O2 Arena was streamed live and without charge to viewers across Africa, marking a pivotal development in digital sports broadcasting.
  • Matthew McGahan, Chairman and CEO of Sports.com, commented:
    "Our recent live stream success is the launchpad for an expansive content strategy designed to captivate live sports fans across the globe.
  • “Sports.com has an ongoing commitment to enhancing the sports viewing experience through inclusivity, innovation, and entertainment.

Fanatics Sportsbook Launches Today in Illinois

Retrieved on: 
Friday, April 5, 2024

CICERO, Ill., April 05, 2024 (GLOBE NEWSWIRE) -- Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc, a global digital sports platform, launched the Fanatics Sportsbook today in Illinois.

Key Points: 
  • CICERO, Ill., April 05, 2024 (GLOBE NEWSWIRE) -- Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc, a global digital sports platform, launched the Fanatics Sportsbook today in Illinois.
  • Sports fans living in and visiting Illinois will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics Sportsbook experience.
  • Today in Illinois, PointsBet customers' username, password, account balance, rewards points and responsible gaming settings will be automatically migrated to the Fanatics Sportsbook.
  • The Fanatics Sportsbook makes being a fan easy with fast signup, easy betting, transparent withdrawals and is disrupting the sports betting industry with the following new features:
    Building a better sportsbook: The Fanatics Sportsbook app was built natively on iOS and Android .

Lava for Good Podcasts Garners Webby Nominations for 'The War on Drugs' and Honors for 'Earwitness'

Retrieved on: 
Thursday, April 4, 2024

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Lava for Good Podcasts is honored by the latest accolades in the digital world.

Key Points: 
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Lava for Good Podcasts is honored by the latest accolades in the digital world.
  • The latest recognition for The War on Drugs is particularly timely, as Lava for Good has commenced production of Season 2 for release this fall.
  • These nominations and honors add to Lava for Good’s long list of accolades, including past recognition at the Webby Awards, Ambie Awards, Signal Awards, and iHeartPodcast Awards.
  • For more information on The War on Drugs, Earwitness, and other Lava for Good podcasts, visit www.lavaforgood.com or find them on all popular podcast platforms.

Cumulus Media’s Westwood One Presents Exclusive Full-Court Audio Coverage of the 2024 NCAA® Division I Men’s and Women’s Basketball Final Four® and National Championship Games on Multiple Platforms

Retrieved on: 
Thursday, April 4, 2024

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Cumulus Media’s Westwood One (NASDAQ: CMLS), the largest radio network in the U.S. and the exclusive national audio broadcast partner of the NCAA, will present comprehensive live audio coverage of the 2024 NCAA Men’s Final Four and national championship game live from Phoenix in both English and Spanish. The network will also broadcast the Women’s Final Four and national championship game live from Cleveland.

Key Points: 
  • The network will also broadcast the Women’s Final Four and national championship game live from Cleveland.
  • Westwood One has broadcast the NCAA Men’s Basketball Tournament since 1982 and every game of March Madness® on multiple platforms since 2005.
  • The network has broadcast the NCAA Men’s Final Four and national championship game in Spanish for seven years.
  • In addition, Westwood One has broadcast the Women’s Final Four and national championship game every year since 1998.

Fanatics Betting & Gaming Partners with the Tonto Apache Tribe and Mazatzal Hotel & Casino For Arizona Sports Betting

Retrieved on: 
Thursday, April 4, 2024

Sports fans living in and visiting Arizona can now download the Fanatics Sportsbook on iOS and Android and begin their Fanatics Sportsbook experience.

Key Points: 
  • Sports fans living in and visiting Arizona can now download the Fanatics Sportsbook on iOS and Android and begin their Fanatics Sportsbook experience.
  • Arizona marks the eighteenth state for the Fanatics Sportsbook.
  • The partnership also includes plans to open a Fanatics Sportsbook retail location inside the Mazatzal Hotel & Casino this summer.
  • To download images and videos of the Fanatics Sportsbook, visit the Fanatics Media Center and for more news and information, follow us on the Fanatics Sportsbook social channels on X @FanaticsBook .

Christy Sports Strategically Exits New Mexico Region

Retrieved on: 
Thursday, April 4, 2024

The Company made the decision to exit New Mexico to prioritize investment in more profitable regions to best serve its guests and employees.

Key Points: 
  • The Company made the decision to exit New Mexico to prioritize investment in more profitable regions to best serve its guests and employees.
  • “Christy Sports is focused on making decisions that are in the best interest of our overall company,” stated Pete LaBore, Chief Executive Officer at Christy Sports.
  • As part of the New Mexico store closure process the Company will also help all full-time staff explore opportunities at other Christy Sports locations.
  • Christy Sports is actively in talks with interested parties in the New Mexico market about selling the locations that are set to close.

Six Star Pro Nutrition® and WK Kellogg Co Introduce Six Star® 100% Whey Protein Plus Ready-to-Drink (RTD) In Kellogg’s® Froot Loops® Cereal Flavor

Retrieved on: 
Thursday, April 4, 2024

Launching this month, the Six Star® 100% Whey Protein Plus RTD in Kellogg's® Froot Loops® cereal flavor will be available exclusively at Sam’s Clubs® locations throughout the United States.

Key Points: 
  • Launching this month, the Six Star® 100% Whey Protein Plus RTD in Kellogg's® Froot Loops® cereal flavor will be available exclusively at Sam’s Clubs® locations throughout the United States.
  • The collaboration between Six Star® and WK Kellogg Co represents a commitment to delivering high-quality products that cater to the evolving needs of athletes and health-conscious consumers.
  • As two of the most trusted names in the industry, this fresh product collaboration aims to provide a new way to consume Six Star® 100% Whey Protein Plus with the great taste associated with Kellogg's® Froot Loops® cereal.
  • The Six Star®100% Whey Protein Plus RTD in Kellogg's® Froot Loops® cereal flavor is poised to become a game-changer in the protein supplement market.