News Hub | News Direct

Next Generation DFS Platform GameBlazers Signs New Partnerships with Full Moon Sports Solutions and Raging Moose

GameBlazers

GameBlazers, a sports gaming platform empowering sports fans to create and manage their own experience, today announced the company signed partnerships with two industry-leading and best-in-class consulting companies, Full Moon Sports Solutions and Raging Moose. Both companies will help accelerate GameBlazers’ business objectives as it brings its revolutionary product to the Beta Test phase and eventual launch. Full Moon Sports Solutions is a strategy consulting firm specializing in business and product development for the fantasy, gaming and sports betting industry. Full Moon is aiding in developing strategic partnerships and licensing opportunities with professional sports leagues and associations. Raging Moose is a technology consulting group specializing in game design and gameplay mechanics. The group is assisting GameBlazers in developing a proprietary Item Distribution Framework that assigns the Athletes, Multipliers, Rarities and other forms of metadata, to the in-game Items. The firm has experience working on FIFA Ultimate Team, as well as other major video games with similar mechanics to those on the GameBlazers platform. “In any start-up environment, surrounding yourself with the smartest minds in the industry and creating a network of strategic partnerships is the cornerstone for success,” said Rourke Sturthers, CEO of GameBlazers. “GameBlazers is unlike anything the daily fantasy market has seen, so bringing in Full Moon Sports Solutions and Raging Moose was paramount to making sure our vision for the platform was met. From both companies’ previous work, we know that GameBlazers will bridge the gap between the modern and future worlds of fantasy sports, and live up to its unique user experience.” GameBlazers is set to launch before the 2023 football season. For updates and information about the platform, check out GameBlazers.com. About GameBlazers GameBlazers is a new sports gaming platform bridging the gap between the digital and physical worlds into a first-of-its-kind user experience. GameBlazers blends the best elements of fantasy sports, sports gaming, and collectible in-game items to create a more sustainable and more engaging gameplay. GameBlazers enables innovative gameplay mechanics that give Players the opportunity to be the Owner, GM and Coach of their Fantasy Franchise. For more information or to join the beta, please visit: https://www.gameblazers.com/ Contact Details Sterling Randle srandle@hotpaperlantern.com Company Website https://www.gameblazers.com/

July 25, 2023 10:01 AM Eastern Daylight Time

Cue Health’s Growing Integrated Care Platform Of Lab-Quality Diagnostic Tests For Use At-Home And At The Point-of-Care Is Transforming How Healthcare Is Delivered

Benzinga

By Rachael Green, Benzinga Last month, the Food and Drug Administration (FDA) granted a landmark De Novo authorization for Cue Health’s (NASDAQ: HLTH) at-home COVID-19 test that delivers lab-quality results within 20 minutes. The move makes Cue Health the first company to receive De Novo authorization for an at-home molecular test for any respiratory disease. With a growing portfolio of at-home tests for a range of infectious diseases, the recent FDA authorization is the latest milestone for the San Diego-based healthcare technology company that is transforming the diagnostics space. Having already generated over $1 billion of revenue from its molecular COVID-19 test previously under FDA emergency use authorization (EUA) in 2021 and 2022 combined, the De Novo is a full authorization and allows Cue Health to continue to provide accurate testing at-home and at the point-of-care into the future. Cue’s Scalable Platform Can Meet the Needs of a $180 Billion Diagnostics Market The global diagnostics market was valued at approximately $180 billion in 2022 and is projected to grow to over $348 billion by 2030. Some of the key drivers of that growth are molecular diagnostics and the at-home testing and point-of-care segments where Cue Health is focused. Molecular diagnostics analyzes DNA or RNA, and have traditionally been conducted in a lab, such as PCR testing. While antigen and lab-based PCR testing are both still common, convenient at-home and point-of-care molecular diagnostics have implications across the industry and are competing as alternative diagnostic solutions — playing an important role in infectious disease testing as they yield results that are both accurate and fast. During the pandemic, the use of telehealth and virtual care for diagnosis spiked to 69% of all doctor-patient visits. However, the broader need for and power of telehealth to improve outcomes and lives is still in high demand. Especially in diagnostics, the current system can often be inconvenient, inefficient, expensive, and disconnected. Cue is out to change that — the company reduces the duration of time between testing and receiving actionable health information from 1-14 days to under an hour. That seamless process eliminates much of the inefficiencies in the current standard approach to healthcare delivery. Cue Health is fixing this point of friction for both patients and providers. The company’s mission is to empower people to live their healthiest lives, and that starts with enabling access to health information and actions that are personalized and proactive anywhere and at any time. The healthcare technology company’s diagnostic solutions for use at-home and at the point-of-care deliver results in ~20 minutes with lab-quality accuracy. Its COVID-19 test that just received De Novo authorization demonstrated overall accuracy of 98%. If the test results are positive, users can consult a licensed clinician through the Cue Health App to discuss treatment options and get prescribed medications, if appropriate, delivered to their door that same day. Cue’s platform has also become highly valuable for healthcare providers and the company has stated that “point-of-care is the largest near-term opportunity for Cue’s differentiated offering,” with strategic expansion into medical facilities and offices around the nation representing a massive market. Cue’s accurate, fast, and reliable results make the easy-to-use test a convenient, cost-effective option for diagnosing patients at the office. Instead of waiting to follow up with patients after lab results come in, healthcare providers can get lab-quality results in minutes and identify the best treatment options for that patient that very day. Cue Health’s Diagnostics Menu Continues To Expand In addition to the COVID-19 test, Cue Health has received emergency use authorization (EUA) for the Cue Mpox (Monkeypox) Molecular Test for any CLIA-waived facility, and has submitted an EUA application for a flu-and-COVID-19 multiplex test, and De Novo requests for a standalone flu test and a respiratory syncytial virus (RSV) test. All of these would run on the same easy-to-use Cue Reader and feature seamless connectivity to the Cue Health App so that customers can go from diagnosis to treatment within the same day. Cue’s Expanded Product Offering Beyond Molecular Diagnostics The company’s overarching goal is to put people in greater control of their health. With this at the heart of what Cue does, it also added a suite of at-home screening and diagnostics kits in March that allow customers to mail samples for processing in a lab to complement its diagnostic testing strategy. The mail-in kits include panels for markers of heart, liver, or kidney health as well as colon cancer screening and comprehensive sexual health panels for men and women. The company continues to add tests and treatments to its pharmacy offering for other common health and wellness conditions, such as hair loss and erectile dysfunction, among others. Its existing portfolio has already helped the company see its revenue more than double since its initial public offering (IPO) at the end of 2021, although testing volume has slowed with the decreasing COVID-19 prevalence in recent months. This could put the company in a strong position as it awaits decisions on pending EUA applications and De Novo requests and prepares two additional submissions for a strep throat test and a chlamydia/gonorrhea test that are compatible with the Cue Reader. Those submissions are slated for the second half of 2023 — with significant investments in R&D and infrastructure behind them and expected to pay off. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 25, 2023 09:25 AM Eastern Daylight Time

Kush Kriminals Unleashes Digital Revolution: New Interactive Website and Electrifying 16os Anthem Set the Stage for a Groundbreaking Era

Kush Kriminals

A New Digital Universe Unfolds Today, Kush Kriminals®, the groundbreaking entertainment franchise, is thrilled to announce the launch of its new website and a highly-anticipated collaboration with renowned rapper 16os. This dual launch is set to redefine the digital collectibles space, intertwining elements of cannabis culture with digital art, cryptocurrency, and now, music. The newly launched website, available at www.kushkriminals.com, offers an immersive experience for visitors. It's not just about owning digital art; it's about becoming part of an expansive universe that's set to expand through a captivating comic series. As a visitor, you'll have the opportunity to participate in future developments, adding an exciting dimension to your experience. The website also features hidden Saga sneak peeks, encouraging users to explore and discover more about the Kush Kriminals universe. Music Meets the Kush Kriminals Universe Adding to the excitement, Kush Kriminals has collaborated with rapper 16os to create a unique theme song for the franchise. The track, available for streaming on the Kush Kriminals website and on YouTube, encapsulates the essence of the Kush Kriminals universe, blending 16os's distinctive style with the franchise's unique narrative. As a multi-platform entertainment franchise, music has been part of our vision for Kush Kriminals® since day 1,” said Jimmy Holman, Co-Founder of Kush Kriminals®. We’re already partnered with legendary producer Steve Lobel, and now with this 16os collaboration, we’re ready to take that side of the project to the next level.” The Journey Continues The launch of the website and the 16os collaboration are just the beginning. Kush Kriminals is also gearing up for the Mint date on August 14th, promising more exciting developments for the community. Kush Kriminals also extends an open invitation to enthusiasts to join their vibrant, thriving community on Discord. This community is not just about buying and selling; it's a space for interaction, discussion, and collective growth. To learn more and become part of this transformative project, visit www.kushkriminals.com or join the Kush Kriminals Discord community. About Kush Kriminals Kush Kriminals is a pioneering entertainment franchise dedicated to providing top-tier digital art experiences that cater to the evolving needs of the digital art and cryptocurrency communities. With a team of industry experts, Kush Kriminals is committed to innovation and transparency, shaping the future of digital collectibles and establishing itself as a trusted leader in the NFT space. Contact Details For press inquiries, please contact: Celeste Morrison, Public Relations Director, Groundswole LLC celeste@groundswole.com Company Website https://kushkriminals.com/

July 25, 2023 07:30 AM Eastern Daylight Time

Video Image

News Release

Borroe ($ROE) Will Raise Its Price 25% in the Next Presale Stage; Here’s Why That Matters

Blockchain Digest

Alternative financing is an ever-growing industry that will become more prominent as we move into the digital age of Web3. Methods like crowdfunding, invoice trading, and revenue-based financing disintermediate, allowing funders to connect with fundraisers directly, reducing costs and improving efficiency. Borroe ($ROE) has designed and perfected this solution using artificial and blockchain technology. The platform is in Stage 1 of its presale, with more and more investors joining in anticipation of the next phase. >>BUY $ROE TOKENS NOW<< Borroe ($ROE) Empowers Web3 Growth With The Funding It Needs Borroe ($ROE) merges alternative financing with blockchain and artificial technology to offer a unique opportunity for Web3 contributors to get funding fast and easily without the red tape. Here, applicants participate in an innovative Polygon-based crowdfunding marketplace using their future recurring earnings from retainers, subscriptions, management fees, royalties, and invoices for upfront cash. The AI in Borroe ($ROE) screens those seeking funding to create a risk profile and the maximum cash advance. Blockchain technology kicks in to 'mint' an NFT for the revenue, which is listed on a marketplace for interested buyers to fund. As the blockchain records everything, it offers better transparency and security, reducing the potential for fraud. Borroe's ($ROE) revenue model is similar to an exchange, charging a transaction fee for sellers and buyers. Sellers receive a credit line at a reasonable cost, interest-free, while buyers earn a small fraction of their due profit. >>BUY $ROE TOKENS NOW<< The Ecosystem of Borroe ($ROE) Borroe's ($ROE) ecosystem consists of sellers and buyers. The sellers are individuals and businesses in Web3 looking for funding. These include (but are not limited to): Social media influencers Podcasters Video creators Writers Musicians Gaming platforms Decentralized finance (DeFi) platforms NFT marketplaces Decentralized storage networks Royalty distribution platforms On the other side are the buyers in Borroe's ($ROE) community looking for consistent returns from recurring revenue businesses. The vision is for this audience to admire the services provided by the sellers. This means they can fuel their businesses (while being compensated), equaling further growth in Web3. And then, in between the sellers and buyers is the marketplace designed to be autonomous, processing financing requests and funds in real-time. >>BUY $ROE TOKENS NOW<< What is the $ROE token? The gateway to unlocking more benefits with Borroe is the $ROE governance token. Here are the added perks it offers to holders: Voting power (with rewards) Priority notifications of new sales and recurring funding requests Discounted fees Advanced analytics Priority customer support Rewards and incentives (invoice buying, selling, and repayment rewards) Recognition and awards Another advantage of $ROE is its deflationary tokenomics. Aside from having a limited 1 billion supply, a 3% buy/sell tax applies for each transaction. This means the supply is slowly reduced, which matters in improving the token's scarcity and value appreciation. $0.0125 is the next target for Borroe ($ROE), as this is the new price in the Stage 2 presale. Fortunately, early adopters getting involved can buy at $0.010 and realize the 25% gain to $0.0125. After the presale, the projected new value is $0.040, equating to a 4x gain for those investing at $0.010. Thus, Borroe ($ROE) should be on your radar as it promises much upside. Learn more about the Borroe presale here: Buy Presale: https://borroe.finance/ Telegram: https://t.me/borroe_finance Contact Details Borroe Finance marketing@borroe.finance Company Website http://borroe.finance

July 24, 2023 12:35 PM Eastern Daylight Time

10,000 Fans Thrilled For 6 Hours With Charlie Puth At 8wonder International Music Festival In Vinpearl Nha Trang

Vingroup

NHA TRANG, VIETNAM - Media OutReach - 24 July 2023 - Nearly 10,000 enchanted souls witnessed the magic unfold, with millions of others tuning in via live streams of the mesmerizing 8Wonder International Music Festival which took place at Vinpearl Nha Trang, Hon Tre Island, Nha Trang on the evening of July 22. During the 6-hour non-stop show, the ethereal melodies of 8 musicians reverberated inside the 10,400 square meters of wonder, under a 50-meter-high stage adorned with a shimmering glow of lights. These awe-inspiring figures eloquently recount the triumphant performances by world-renowned superstar, Charlie Puth, and 7 Vietnamese "hitmakers." For over 6 hours, nearly 10,000 music enthusiasts soared amidst the pinnacle of creative expression, reveling in a sequence of enthralling performances and a cascade of entertainment experiences. Charlie Puth: A Virtuoso of Euphony Charlie Puth, one of industry’s most consistent hitmakers and sought-after collaborators, hailed as the "global music icon", graced Vietnam with his musical presence for the first time, becoming the focal point of adoration at the magnificent music festival. His 75-minute performance commenced at 9:00 PM and guided thousands of 8Wonder attendees and viewers through a kaleidoscope of emotions with a collection of 21 exclusive hits such as “Attention”, “Forget you”, “Light Switch”, “Boy”, “That’s Not How It Works”, “How Long”, “One Call Away”, and “We Don’t Talk Anymore”, etc. Setting the stage ablaze with his captivating opening hit “Charlie Be Quiet”, Puth elicited a palpable restlessness among his admirers. Timeless classics, cherished by the youth, were lovingly treated to fresh arrangements, exclusively curated for the 8Wonder stage. Nha Trang, Vietnam served as the debut destination of the "Attention" singer before embarking on his "Charlie's Live Experience World Tour” across Asia that begins in October. As the night unfurled, the harmonious image of the multi-talented musician, Puth, skillfully entwined with his piano. His fingers tickled the ivory, accompanied by his voice's mesmerizing modulation, ensnaring thousands below in a musical journey. Sharing about his musical presence for the first time in Vietnam, Puth said: “This my first time to be here. Thank you for making my first experience in Vietnam so special! We all hope to be back very soon!” Before the spotlight shifted to the idols, Vietnam's contemporary "hitmakers" led the audience on a journey featuring over 30 songs of limitless emotions, each reflecting the unique musical personalities of the individual artists. Each song received a novel interpretation, with mesmerizing mashups and medleys that resonated profoundly with 8Wonder's diverse audience, spanning generations on Hon Tre Island. The Vietnamese hitmakers,participating in 8Wonder included Ha Anh Tuan, Ho Ngoc Ha, HIEUTHUHAI, MONO, Tlinh, and AMEE, etc., who brought hits and attractive dancing performances to the stage, under the amazing sunset on Nha Trang Bay. 8Wonder - The Dawn of a New Music Festival Experience Beyond delivering boundless emotional wonder through the harmonious convergence of global and Vietnamese music, the 8Wonder mega-music festival brought forth a rare confluence of activities, rarely witnessed in any other musical gathering. As they eagerly awaited their favorite stars, thousands of attendees reveled in a captivating array of recreational activities. They immersed themselves in artistic installations, explored art workshops, sought insights from tarot readers, adorned themselves with henna tattoos, interacted with spirited LED drum dancers, and savored gastronomic delights from around the world. Beyond the 8Wonder, here comes an exuberant summer atmosphere unfolded, featuring over 100 thrilling games at "The Island Water Park - home to the most extensive collection of water games in Asia." At the event, many visitors were also thrilled to explore a VinFast electric vehicle exhibition. They also had the opportunity to test-drive the latest models of electric vehicles, scooters, and bicycles. Perfectly harmonizing with the Vinpearl Nha Trang resort paradise and the picturesque Hon Tre Island, the 8Wonder music festival drew the curtains on the WonderFest 2023 summer celebration, leaving all with unforgettable memories and the most extraordinary emotions. With its impressive debut, the 8Wonder international music festival, combined with the annual international beach festival WonderFest, not only put Vietnam on the map of top international stars but also elevated Vietnam's tourism to new heights on the world tourism map. About 8Wonder The 8Wonder mega music festival took place on July 22nd, as part of the 53-day summer WonderFest 2023 beach festival in Nha Trang, with a series of 8 vibrant and captivating themed festivals, that attracted millions of tourists. Learn more at: https://www.facebook.com/8wondermusicfestival. Contact Details Media Contact v.nammh@vingroup.net

July 24, 2023 11:39 AM Eastern Daylight Time

Image

Hong Kong billionaire Calvin Lo on a mission to put Asia firmly on the Formula One map

R.E. Lee International

The Hong Kong billionaire who is backing one of the teams bidding for a new place on the F1 grid says he is determined to put Asia on the motorsport map. Calvin Lo says he’d like to see many more Grand Prix circuits introduced across the continent. This year, there are three F1 races in Asia, the world’s largest continent - the Singapore and Japanese GPs, and a third in Azerbaijan, which straddles Eastern Europe and West Asia. A world-class motorsport academy to train Asia’s drivers and mechanics of the future would also be a target, says Mr Lo. The businessman, investor and philanthropist, who is CEO of the world’s largest life insurance broker, R. E. Lee International, already has financial ties with an existing F1 team. Now, he has provided his support to a team that has applied for a spot on the F1 grid in 2026, with the sport’s governing body FIA expected to make a decision on bids very soon. Additionally, there have been talks about the possibility of Mr Lo getting involved with a second existing F1 team. “To make F1 truly global, we cannot forget about this part of the world,” he said. Mr Lo said that the sport had “entered a new era with growing popularity and a new generation of fans” adding that “there are many opportunities left untapped in F1.” “I love how Formula One is not just a one-man show; but rather, a group of extremely talented people coming together, committed to one goal,” he said. The charismatic 46-year-old billionaire tries to attend F1 races whenever he can and has previously been a VIP guest at Grand Prix in Singapore, Shanghai, Malaysia, Monaco, Silverstone, Montreal, and Melbourne. His all-time favorite F1 driver is Michael Schumacher and he cites him as the reason why he developed a passion for motorsports 20 years ago after being “captivated” by his winning ways on the racetrack. Indeed, Schumacher’s determination to succeed inspired Mr Lo to be successful in the business world. Mr Lo is CEO of R.E. Lee International, the world’s largest life insurance broker, based in Hong Kong, specializing in large amounts of life insurance coverage for ultra-high-net-worth individuals and businesses for estate planning purposes. As well as running his businesses, he devotes much of his time to charitable causes that are close to his heart. He has established The 195 Project, a globally diverse think tank, whose goal is to expand on existing research about how the worldwide economy can adapt and respond to the aftermath of COVID-19, with a particular focus on helping developing nations to recover. His personal charitable foundation, The CFL Initiative that is named after Mr Lo, is specifically set up for his philanthropic causes, which include the well-being of animals, children and the environment. As well as F1, his passions include golf and photography, and his beloved 12-year-old daughter who he drops off and picks up from school every day. Contact Details PR Superstar Jill Kent info@prsuperstar.co.uk

July 24, 2023 08:00 AM Eastern Daylight Time

Image

News Release

Hong Kong billionaire Calvin Lo on a mission to put Asia firmly on the Formula One map

R.E. Lee International

The Hong Kong billionaire who is backing one of the teams bidding for a new place on the F1 grid says he is determined to put Asia on the motorsport map. Calvin Lo says he’d like to see many more Grand Prix circuits introduced across the continent. This year, there are three F1 races in Asia, the world’s largest continent - the Singapore and Japanese GPs, and a third in Azerbaijan, which straddles Eastern Europe and West Asia. A world-class motorsport academy to train Asia’s drivers and mechanics of the future would also be a target, says Mr Lo. The businessman, investor and philanthropist, who is CEO of the world’s largest life insurance broker, R. E. Lee International, already has financial ties with an existing F1 team. Now, he has provided his support to a team that has applied for a spot on the F1 grid in 2026, with the sport’s governing body FIA expected to make a decision on bids very soon. Additionally, there have been talks about the possibility of Mr Lo getting involved with a second existing F1 team. “To make F1 truly global, we cannot forget about this part of the world,” he said. Mr Lo said that the sport had “entered a new era with growing popularity and a new generation of fans” adding that “there are many opportunities left untapped in F1.” “I love how Formula One is not just a one-man show; but rather, a group of extremely talented people coming together, committed to one goal,” he said. The charismatic 46-year-old billionaire tries to attend F1 races whenever he can and has previously been a VIP guest at Grand Prix in Singapore, Shanghai, Malaysia, Monaco, Silverstone, Montreal, and Melbourne. His all-time favorite F1 driver is Michael Schumacher and he cites him as the reason why he developed a passion for motorsports 20 years ago after being “captivated” by his winning ways on the racetrack. Indeed, Schumacher’s determination to succeed inspired Mr Lo to be successful in the business world. Mr Lo is CEO of R.E. Lee International, the world’s largest life insurance broker, based in Hong Kong, specializing in large amounts of life insurance coverage for ultra-high-net-worth individuals and businesses for estate planning purposes. As well as running his businesses, he devotes much of his time to charitable causes that are close to his heart. He has established The 195 Project, a globally diverse think tank, whose goal is to expand on existing research about how the worldwide economy can adapt and respond to the aftermath of COVID-19, with a particular focus on helping developing nations to recover. His personal charitable foundation, The CFL Initiative that is named after Mr Lo, is specifically set up for his philanthropic causes, which include the well-being of animals, children and the environment. As well as F1, his passions include golf and photography, and his beloved 12-year-old daughter who he drops off and picks up from school every day. Contact Details PR Superstar Jill Kent info@prsuperstar.co.uk

July 24, 2023 08:00 AM Eastern Daylight Time

News Release

Hong Kong billionaire Calvin Lo on a mission to put Asia firmly on the Formula One map

R.E. Lee International

The Hong Kong billionaire who is backing one of the teams bidding for a new place on the F1 grid says he is determined to put Asia on the motorsport map. Calvin Lo says he’d like to see many more Grand Prix circuits introduced across the continent. This year, there are three F1 races in Asia, the world’s largest continent - the Singapore and Japanese GPs, and a third in Azerbaijan, which straddles Eastern Europe and West Asia. A world-class motorsport academy to train Asia’s drivers and mechanics of the future would also be a target, says Mr Lo. The businessman, investor and philanthropist, who is CEO of the world’s largest life insurance broker, R. E. Lee International, already has financial ties with an existing F1 team. Now, he has provided his support to a team that has applied for a spot on the F1 grid in 2026, with the sport’s governing body FIA expected to make a decision on bids very soon. Additionally, there have been talks about the possibility of Mr Lo getting involved with a second existing F1 team. “To make F1 truly global, we cannot forget about this part of the world,” he said. Mr Lo said that the sport had “entered a new era with growing popularity and a new generation of fans” adding that “there are many opportunities left untapped in F1.” “I love how Formula One is not just a one-man show; but rather, a group of extremely talented people coming together, committed to one goal,” he said. The charismatic 46-year-old billionaire tries to attend F1 races whenever he can and has previously been a VIP guest at Grand Prix in Singapore, Shanghai, Malaysia, Monaco, Silverstone, Montreal, and Melbourne. His all-time favorite F1 driver is Michael Schumacher and he cites him as the reason why he developed a passion for motorsports 20 years ago after being “captivated” by his winning ways on the racetrack. Indeed, Schumacher’s determination to succeed inspired Mr Lo to be successful in the business world. Mr Lo is CEO of R.E. Lee International, the world’s largest life insurance broker, based in Hong Kong, specializing in large amounts of life insurance coverage for ultra-high-net-worth individuals and businesses for estate planning purposes. As well as running his businesses, he devotes much of his time to charitable causes that are close to his heart. He has established The 195 Project, a globally diverse think tank, whose goal is to expand on existing research about how the worldwide economy can adapt and respond to the aftermath of COVID-19, with a particular focus on helping developing nations to recover. His personal charitable foundation, The CFL Initiative that is named after Mr Lo, is specifically set up for his philanthropic causes, which include the well-being of animals, children and the environment. As well as F1, his passions include golf and photography, and his beloved 12-year-old daughter who he drops off and picks up from school every day. Contact Details PR Superstar Jill Kent info@prsuperstar.co.uk

July 24, 2023 02:00 AM Eastern Daylight Time

News Release

Hong Kong billionaire Calvin Lo on a mission to put Asia firmly on the Formula One map

R.E. Lee International

The Hong Kong billionaire who is backing one of the teams bidding for a new place on the F1 grid says he is determined to put Asia on the motorsport map. Calvin Lo says he’d like to see many more Grand Prix circuits introduced across the continent. This year, there are three F1 races in Asia, the world’s largest continent - the Singapore and Japanese GPs, and a third in Azerbaijan, which straddles Eastern Europe and West Asia. A world-class motorsport academy to train Asia’s drivers and mechanics of the future would also be a target, says Mr Lo. The businessman, investor and philanthropist, who is CEO of the world’s largest life insurance broker, R. E. Lee International, already has financial ties with an existing F1 team. Now, he has provided his support to a team that has applied for a spot on the F1 grid in 2026, with the sport’s governing body FIA expected to make a decision on bids very soon. Additionally, there have been talks about the possibility of Mr Lo getting involved with a second existing F1 team. “To make F1 truly global, we cannot forget about this part of the world,” he said. Mr Lo said that the sport had “entered a new era with growing popularity and a new generation of fans” adding that “there are many opportunities left untapped in F1.” “I love how Formula One is not just a one-man show; but rather, a group of extremely talented people coming together, committed to one goal,” he said. The charismatic 46-year-old billionaire tries to attend F1 races whenever he can and has previously been a VIP guest at Grand Prix in Singapore, Shanghai, Malaysia, Monaco, Silverstone, Montreal, and Melbourne. His all-time favorite F1 driver is Michael Schumacher and he cites him as the reason why he developed a passion for motorsports 20 years ago after being “captivated” by his winning ways on the racetrack. Indeed, Schumacher’s determination to succeed inspired Mr Lo to be successful in the business world. Mr Lo is CEO of R.E. Lee International, the world’s largest life insurance broker, based in Hong Kong, specializing in large amounts of life insurance coverage for ultra-high-net-worth individuals and businesses for estate planning purposes. As well as running his businesses, he devotes much of his time to charitable causes that are close to his heart. He has established The 195 Project, a globally diverse think tank, whose goal is to expand on existing research about how the worldwide economy can adapt and respond to the aftermath of COVID-19, with a particular focus on helping developing nations to recover. His personal charitable foundation, The CFL Initiative that is named after Mr Lo, is specifically set up for his philanthropic causes, which include the well-being of animals, children and the environment. As well as F1, his passions include golf and photography, and his beloved 12-year-old daughter who he drops off and picks up from school every day. Contact Details PR Superstar Jill Kent info@prsuperstar.co.uk

July 24, 2023 12:00 AM Eastern Daylight Time

Entertainment

Next Generation DFS Platform GameBlazers Signs New Partnerships with Full Moon Sports Solutions and Raging Moose

Cue Health’s Growing Integrated Care Platform Of Lab-Quality Diagnostic Tests For Use At-Home And At The Point-of-Care Is Transforming How Healthcare Is Delivered

Kush Kriminals Unleashes Digital Revolution: New Interactive Website and Electrifying 16os Anthem Set the Stage for a Groundbreaking Era

Borroe ($ROE) Will Raise Its Price 25% in the Next Presale Stage; Here’s Why That Matters

10,000 Fans Thrilled For 6 Hours With Charlie Puth At 8wonder International Music Festival In Vinpearl Nha Trang

Hong Kong billionaire Calvin Lo on a mission to put Asia firmly on the Formula One map

Hong Kong billionaire Calvin Lo on a mission to put Asia firmly on the Formula One map

Hong Kong billionaire Calvin Lo on a mission to put Asia firmly on the Formula One map

Hong Kong billionaire Calvin Lo on a mission to put Asia firmly on the Formula One map