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NRL’s Vegas venture shows promising financial success

NRL’s Vegas venture nears breakeven, achieving record revenue and viewership in second year, says V’landys.

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NRL’s Vegas venture nears breakeven, achieving record revenue and viewership in second year, says V’landys.

In Short

The NRL is set for a successful return to Las Vegas with expectations of breaking even in its second year, bolstered by record revenue and viewership. Key matches have driven attendance and participation, suggesting rugby league is strengthening its presence in North America.

The National Rugby League (NRL) is poised for a successful return to Las Vegas, with signs indicating it may break even in its second year.

ARLC chairman Peter V’landys and NRL CEO Andrew Abdo reported significant financial progress, highlighting record revenue and distributions to participating clubs and players for the 2024 season.

The initiative has already yielded positive outcomes, with premier matches such as the Sea Eagles-Rabbitohs and Roosters-Broncos double-header attaining record viewership on Fox Sports. This success has contributed to increased attendance and participation levels across the sport.

V’landys noted the unexpected success from last year’s events, stating that viewership in Australia and attendance at local venues soared during the opening weekend.

He explained the importance of celebrating the NRL season’s launch, indicating that such celebrations enhance the Vegas initiative’s overall success.

Contrary to some perceptions, V’landys clarified that the financial commitment to Vegas is manageable. He suggested that profitability could be realised this year, or at worst, only a minor loss.

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SpaceX IPO could make Elon Musk’s Mars dream a trillion-dollar reality

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

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SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.


Investors are buzzing as SpaceX gears up for a potential IPO, aiming to raise more than $25 billion, possibly as soon as June. The offering could value the company at over $1 trillion, fueling Musk’s ambitious plans for Mars and beyond.

Despite the high-risk nature of space ventures, demand from retail investors is expected to be strong. Experts predict this IPO could become historic, with the company’s market value potentially soaring past $2 trillion once it launches.

Musk’s unconventional management style hasn’t slowed investor enthusiasm, even amidst regulatory hurdles. The funds raised could also support groundbreaking innovations, including energy-efficient space data centers.

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#SpaceX #ElonMusk #IPO #MarsMission #Investing #StockMarket #TrillionDollar #SpaceTech


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Russia shoots down 280+ Ukrainian drones as Zelenskyy pushes new peace plan

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

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Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.


Russia’s Defence Ministry claims it has shot down over 280 Ukrainian drones, with 40 intercepted near Moscow, some targeting the city directly. Emergency services responded to debris, and temporary flight restrictions were enforced at Moscow’s airports amid the attacks.

Meanwhile, President Zelenskyy revealed his team is finalizing a revised 20-point peace proposal, introducing new ideas on territorial control. Ukrainian and American officials are set to consult online, focusing on security guarantees rather than the detailed points of the plan.

As tensions rise, both military clashes and diplomatic efforts continue to shape the future of the conflict. Keep up with the latest updates and expert analysis on these unfolding events.

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#UkraineConflict #RussiaUkraine #Zelenskyy #DroneAttack #PeacePlan #Moscow #WorldNews #TickerUpdates


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Disney invests $1B in OpenAI to generate Marvel, Star Wars, and Pixar videos

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

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Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.


Disney is taking AI to the next level, investing $1 billion in OpenAI to create a licensing deal that allows users to generate videos featuring more than 200 characters from Disney, Marvel, Star Wars, and Pixar. This partnership could redefine how fans interact with their favorite characters.

The deal will let users stream short AI-generated videos directly on Disney+, and ChatGPT will also produce images of Disney’s licensed characters. However, the agreement excludes talent likenesses or voices, keeping human performances separate.

Set to launch in 2026, the collaboration also gives Disney warrants to purchase additional OpenAI equity and use AI tools for product development, opening doors to new creative opportunities.

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