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New Stellantis CEO taps Kuniskis to oversee Americas brands, brings back SRT division
CNBC· 2025-07-02 14:13
Leadership Changes - New Stellantis CEO Antonio Filosa has promoted Tim Kuniskis to oversee all American brands and lead marketing and retail strategy in North America [1] - Kuniskis remains CEO of Ram and has a broader role across the company's U.S. operations [2] Strategic Initiatives - Stellantis is reviving the Street and Racing Technology (SRT) performance division, which will focus on high-performance vehicles and motorsports [2] - Kuniskis is leading a major product launch at Ram, with plans to introduce 25 new products over the next 18 months [3] Product Development - The return of the popular V-8 Hemi engines for Ram 1500 full-size pickup trucks has been announced, with availability expected in early 2026 [3]
Inspired Launches Virtual Sports With BetMGM in Brazil via Kambi’s Engage Platform
Globenewswire· 2025-07-02 12:30
Core Insights - Inspired Entertainment, Inc. has launched its Virtual Sports products with BetMGM in Brazil, marking a significant step in its expansion in Latin America [1][3] - The initial offering includes V-Play Football (Brazil), a game specifically designed for the Brazilian market, enhancing the local betting experience [2][4] - This launch is part of BetMGM's broader international expansion strategy, supported by Kambi's technology to ensure a high-performance betting experience [3][4] Company Overview - Inspired Entertainment provides a diverse portfolio of gaming content, technology, hardware, and services for regulated gaming operators globally, operating in approximately 35 jurisdictions [5] - The company supplies gaming systems for around 50,000 gaming machines and offers Virtual Sports products through over 32,000 retail venues [5] - Inspired's products cater to a wide range of players, creating new revenue opportunities for operators [5] Partnership Dynamics - The collaboration with BetMGM and Kambi aims to deliver localized, high-quality gaming experiences, particularly focusing on the passion for football in Brazil [4] - Kambi enhances its offerings through this partnership, integrating Inspired's Virtual Sports portfolio into its Kambi Engage platform [4][8] - BetMGM emphasizes its commitment to innovative and personalized experiences that resonate with Brazilian culture and sports enthusiasm [4]
Family Offices Invest Billions in Professional Sports Teams for Long Term Growth and Value-Building Legacies
Globenewswire· 2025-07-02 12:26
Core Insights - Brera Holdings PLC is focusing on expanding its global portfolio of men's and women's football clubs through a multi-club ownership strategy, highlighting the growing interest from family office investors in professional sports assets [1][2][8] - Family offices are emerging as significant players in professional sports investments, controlling approximately $5.9 trillion in assets worldwide, and reshaping ownership dynamics by investing in major franchises [2][3] - Brera's portfolio club, S.S. Juve Stabia, has seen a remarkable 245% increase in market value, reaching $32 million, indicating the effectiveness of Brera's ownership and the club's competitive growth in Italy's Serie B [2][3] Company Overview - Brera Holdings PLC aims to create social impact through its football business by developing a global portfolio of emerging football clubs, building on the legacy of Brera FC, which it acquired in 2022 [4][8] - The company has expanded its reach into Africa and made strategic acquisitions, including a 90% stake in North Macedonia's Fudbalski Klub Akademija Pandev and a majority stake in SS Juve Stabia [5][8] - Brera Holdings is recognized for its innovative approach to value creation and socially impactful outcomes in the global sports industry [8]
Identiv Partners with Narravero to Accelerate Digital Product Passport Adoption and Compliance
Prnewswire· 2025-07-02 11:00
Core Insights - Identiv, Inc. has partnered with Narravero GmbH to accelerate the commercialization of integrated solutions for Digital Product Passports (DPPs) in compliance with upcoming EU regulations [1][2][3] - The collaboration combines Identiv's NFC inlays for dynamic product data with Narravero's data management platform, creating a comprehensive solution for DPP deployment [1][3] - DPPs will be mandatory under new EU sustainability rules starting in 2027, presenting opportunities for improved supply chain efficiency and customer engagement [2][3] Company Overview - Identiv, Inc. specializes in RFID- and BLE-enabled IoT solutions, creating digital identities for physical objects and enhancing global connectivity across various sectors [5] - The company has integrated its solutions into over 1.5 billion applications worldwide, driving innovation in industries such as healthcare, consumer electronics, and luxury goods [5] - Narravero GmbH offers an end-to-end SaaS platform for DPPs, focusing on regulatory compliance and data integration, with over 200 clients across twelve industries [6]
X @Investopedia
Investopedia· 2025-07-02 00:00
Buzz about sought-after Caitlin Clark sneakers shows Nike is wise to tap the growing market for women's sportswear, Jefferies analysts said. https://t.co/3NPhrhs5FV ...
MUFG Announces Partnership With Basketball Star Stephanie Mawuli
Prnewswire· 2025-07-01 23:00
NEW YORK, June 30, 2025 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG), one of the 10 largest global financial groups, proudly announces its partnership with Stephanie Mawuli, a member of the Japanese Women's National Basketball Team.Mawuli was born in Aichi Prefecture, Japan and represented Japan in both the 2021 Tokyo Olympics and the 2024 Paris Olympics. Currently playing for Casademont Zaragoza in Spain, Mawuli has also been a part of the New York Liberty's WNBA Camp Roster. Her accolades include ...
Colleges can now outright pay athletes: Here's what it means for sports at-large
CNBC Television· 2025-07-01 19:51
College Sports Compensation Policy - 大学体育新时代开启,高校现在可以直接给学生运动员报酬 [1] - 头部大学体育项目,特别是橄榄球和篮球,可能会为运动员支付高达 2050 万美元/年的费用 [3] - 2050 万美元的分配由学校自行决定,但预计大部分将流向橄榄球项目 [3] - 学校不一定非要花完这笔钱,但为了保持竞争力,预计会花完 [4] Competitive Landscape and Resource Allocation - 新规旨在拉平主要学校之间的竞争环境,结束无限制的 NIL 模式 [6] - 学校需要在不同体育项目之间进行资源分配,这会是一个复杂的决策过程 [5][8] - 捐助者的资金将流向高校,高校再将资金分配给运动员 [14] - 规模较小的学校可能会继续依赖 NIL 集体来获取额外资金 [14] NIL and Clearing House - NIL 交易现在需要通过一个审核机构,该机构将评估交易的公平性 [8][11] - 审核机构旨在防止学校通过虚假的 NIL 交易规避 2050 万美元的上限 [11] - 审核机构可能会严格审查 NIL 交易,也可能只是形式上的批准 [9][10] - 行业希望转向公司与运动员之间的直接代言交易 [12][13]
Combs jury requests review of Cassie Ventura testimony
NBC News· 2025-07-01 17:30
It is day two of jury deliberations in Shawn Combmes's sex trafficking trial. And right now, the group of 12 is sorting through the massive amount of evidence in this complex case. Here are the charges that they are considering.Racketeering, sex trafficking, and transportation to engage in prostitution. Now, the government alleges that Combmes was at the helm of a criminal enterprise and used his employees to help commit several crimes. But Combmes's defense is downplaying the extent of his criminal activit ...
Bringing Back Street Sports | Affan Mohammad | TEDxOOBSchool
TEDx Talks· 2025-07-01 16:17
[Music] No ref, no coach, no rules we didn't make up ourselves. Just four bricks as goalpost, a half flat ball, and kids yelling over each other in three different languages. And just like I did at the beginning of the talk, we all messed up, but we got back up again and tried.And that was football for me at age 10. It wasn't part of any training program. It was behind our building.Rough concrete, flickering street lights, sometimes a neighbor yelling at us when we got too close to their car. But every even ...
Apollino Racing Team Rider Ken Ken Captures Historic 2025 AMA USSE Championship
Globenewswire· 2025-07-01 13:00
Core Insights - Neisen Zhang, a young Chinese rider, has won the 2025 AMA US Sprint Enduro championship, highlighting the increasing presence of Chinese youth in American motorsports and the effectiveness of Apollino's youth development programs [1][11] Company Overview - Apollino (Zhejiang Apollo Sports Technology Co., Ltd.) is committed to making off-road riding accessible to all ages and skill levels, offering electric motorcycles that provide a quiet and user-friendly riding experience [13][14] - The company operates in over 70 countries, focusing on youth development initiatives and comprehensive racing programs to support emerging athletes from grassroots to championship levels [14] Industry Context - The AMA US Sprint Enduro series serves as a premier talent development platform, emphasizing explosive sprint performance and providing a selection series for the official U.S. national team [3] - The 2025 season included 80 tests across multiple U.S. states, showcasing the competitive nature of the series despite weather-related cancellations [4][5] Performance Highlights - Neisen Zhang achieved six victories and one runner-up finish in the seven-round series, demonstrating remarkable consistency and skill across multiple racing disciplines [5][7] - His success in the series, along with 15 victories in 19 races across three major series, underscores the potential of young international competitors in motorsports [5][12] Support and Development - Apollino Racing's support, including access to top-tier equipment and technical assistance, has been crucial for Neisen Zhang's focus on competition and skill development [9][11] - The company's youth development programs start with entry-level training, including electric dirt bike programs for kids, aimed at introducing young riders to off-road racing fundamentals [12]