Latest news with #AASP
Associated Press
14 hours ago
- Business
- Associated Press
Agassi Sports Entertainment Acquires Trademark and All Rights Associated with the Name "World Series of Pickleball"
LAS VEGAS, NV / ACCESS Newswire / June 4, 2025 / Agassi Sports Entertainment Corp. ('AASP' or the 'company') (OTC PINK:AASP) is pleased to announce that it has acquired the trademark and all rights associated with the name 'World Series of Pickleball', as registered with the US trademark office. AASP has been, and continues to be, in discussions with potential partners, sponsors and other stakeholders to develop a significant global event around the sport of Pickleball, to be held in Las Vegas, the entertainment capital of the world and home of Agassi Sports Entertainment. We expect the World Series of Pickleball to be open to, and showcase, the best and most passionate pickleball players from around the globe in a multi-day event with the prize money, entertainment and grandeur in the tradition of Las Vegas. Commenting for AASP, CEO Ronald S. Boreta said, 'This is an exciting step in our goal of AASP's becoming a significant leader in growing the sport of Pickleball worldwide, through events, competition, media content, technology, wellness and facilities. We believe that by acquiring the name and trademark for The World Series of Pickleball, pickleball players from around the globe will recognize the fun, scale and tradition of what we expect to create in our home of Las Vegas. We continue to accelerate our discussions with potential partners and sponsors and look forward to sharing more details as this planned exciting global event continues to take shape.' About Agassi Sports Entertainment Corp. The Company's efforts are initially focused on court sports, beginning with planned growth opportunities associated with branding and growing the pickleball and padel industries, both of which are currently experiencing significant growth. Forward-Looking Statements This press release includes 'forward-looking statements', including information about management's view of the Company's future expectations, plans and prospects. Words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may,' 'will,' 'could,' 'should,' 'believes,' 'predicts,' 'potential,' 'continue' and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, the ability of the Company to raise funding to support its operational plans, the terms of such financing and potential dilution caused thereby; the ability of the Company to complete the steps necessary to undertake its current operational plan, the costs associated therewith, timing relating thereto, and the ability of the Company to generate revenues associated therewith; the concentration of ownership of the Company's securities; the market for the Company's planned services, including the market for pickleball and padel; competition in the Company's industry; the Company's ability to fully comply with numerous federal, state and local laws and regulatory requirements; current negative operating cash flows and a need for additional funding to finance our operating plans; the terms of any further financing, which may be highly dilutive and may include onerous terms, increases in interest rates which may make borrowing more expensive and increased inflation which may negatively affect costs, expenses and returns; geopolitical events and regulatory changes; and the effect of changing interest rates and inflation, economic downturns and recessions, declines in economic activity or global conflicts. These risk factors and others are included from time to time in documents the Company files with the Securities and Exchange Commission, including, but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks, including, but not limited to its Annual Report on Form 10-K for the year ended December 31, 2024, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. These reports and filings are available at All subsequent written and oral forward-looking statements concerning the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, including the forward-looking statements included in this press release, which are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as otherwise provided by law. Investor Contact: Ron Boreta Director and CEO Agassi Sports Entertainment Corp. 702-400-4005 SOURCE: Agassi Sports Entertainment Corp. press release
Maroc
09-05-2025
- Politics
- Maroc
Foreign Ministers Hail Morocco's Leadership in Advancing Atlantic African States Process
Foreign Ministers of several countries participating in the Atlantic African States Process (AASP) commended, on Thursday in Praia, the Kingdom of Morocco's consistent support and leadership in effectively advancing the AASP initiative and strengthening this framework for dialogue and cooperation. In a statement to MAP on the sidelines of the 5th ministerial meeting of the AASP held in Cape Verde's capital, the ministers recalled that holding a ministerial meeting of the AASP alligns with the vision of His Majesty King Mohammed VI to transform the African Atlantic space into a zone of peace, stability, and shared prosperity. In this context, Cape Verde's Minister of Foreign Affairs, Cooperation, and Regional Integration, José Fiomeno de Carvalho Dias, highlighted Morocco's unwavering support and the decisive role of the Process's permanent secretariat, based in Rabat, whose coordination has been essential to the progress of this initiative. Cape Verde's top diplomat also reiterated his country's full readiness to continue working in a coordinated manner with all member states in favor of an Atlantic region of peace, prosperity, and shared development. For his part, Gambia's Minister of Foreign Affairs, International Cooperation, and Gambians Abroad, Mamadou Tangara, affirmed that this 5th ministerial meeting illustrates Morocco's leadership and proves that this process "belongs to all of us," noting that the vision stems from the wisdom of His Majesty King Mohammed VI, who has always advocated for the Atlantic space to be "a space of solidarity, peace, and prosperity." The Minister of Foreign Affairs of São Tomé and Príncipe, Ilza Maria dos Santos Amado Vaz, described the meeting as "very positive" and reaffirmed her country's commitment to define and implement strategies based on political dialogue. Ghana's Foreign Minister, Samuel Okudzeto Ablakwa, also praised the royal initiative as a suitable platform for strengthening cooperation among countries of the Atlantic space. In this context, the minister called for intensified cooperation on security to address rising threats in the Atlantic area, including criminal and piracy activities. In a similar statement, the Director General of the Moroccan Agency for International Cooperation (AMCI), Mohamed Methqal, emphasized the importance of this ministerial meeting, as it serves to implement His Majesty the King's initiative promoting peace, shared prosperity, and the vitality of the Atlantic coast. Methqal also stressed that the meeting led to the adoption of the first implementation report of the initiative since its launch, and formalized various recommendations made by several ministers, along with the scheduling of the next ministerial meeting on the sidelines of the UN General Assembly in September 2025. MAP: 08 mai 2025
Maroc
09-05-2025
- Politics
- Maroc
For His Majesty the King, Atlantic Africa is a Geostrategic Heart and a Matrix of Innovation & Resilience
'For His Majesty King Mohammed VI, may God assist Him, Atlantic Africa must not be seen as a periphery of the global world. Rather, it is a geostrategic heartland, a dynamic interface between continents, a cradle of innovation and resilience', Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates Nasser Bourita said on Thursday in Praia, Cape Verde. Speaking at the 5th ministerial meeting of the Atlantic African States Process (AASP), Bourita stressed that 'our responsibility is to transform this vision into a concrete, visible and tangible reality'. In this context, he underlined that the Atlantic African Partnership is more than a strategic tool, as it is also a political, economic and human process. He noted that this partnership embodies the aspiration of an Africa that no longer endures the shifting tides of history, but instead confidently chooses its own path, guided by clarity and unity with. On this occasion, Bourita reaffirmed Morocco's unwavering commitment to advancing this momentum, to guarantee its continuity and to expand its reach. Welcoming the keenness, coherence, steadfastness and collective determination of the AASP countries to put the Atlantic African space in a momentum of action, solidarity and co-prosperity, the Minister noted that 'the Atlantic African space is no longer disregarded geographically. It is now a strategic, endogenous and accepted reality'. It is 'a reality driven by a shared conviction: that our future will be safer, more prosperous and more sustainable if we build it together', he insisted. Bourita then pointed out that the Royal Initiative has resulted in an unprecedented Afro-African partnership, embodying the essence of shared responsibility, adding that it has laid the foundations for a new cooperation paradigm - both pragmatic in its approach and ambitious in its aims, namely sustainable development, maritime security, environmental protection, and the fight against transnational threats. 'Today, Atlantic Africa is at an inflection point. It is scrutinized, courted, but also confronted with multiple, systemic and cross-cutting threats', Bourita added. He urged African Atlantic States, at a time of setting geostrategic spaces in Europe, America and Asia, to make 'an audible, credible and effective call', by taking care to 'strengthen our trans-regional anchoring, widen the spheres of cooperation and deepen our synergies'. 'This is not just a political ambition, but a necessity for sovereignty and development', the Minister stated, adding that 'it is embodied in the empirical approach we are pursuing together'. "The Forum of Ministers of Justice (April 2024), the meeting of Speakers of Parliaments (February 2025), and the Conference on Maritime Security and the Fight against Terrorism (January 2025), are all milestones that have broadened our scope of action and deepened the coherence of our approach". In keeping with this empirical structure, the Praia meeting is an opportunity for a clear assessment and strategic projection, the Minister underlined, noting that the implementation report confirms that this partnership is progressing well, identifying tangible actions and putting forward pertinent recommendations. These recommendations include the organization of sectoral meetings, such as the Ministers of Justice meeting, which reflected the effectiveness of a multi-sectoral and decentralized approach; the establishment of national coordination mechanisms, which are essential for coordinating internal State actions with the regional dynamics of the Process; and the inclusion of aquaculture in action plans, as a strategic field at the crossroads of food security, employment and environmental sustainability, he explained. Morocco fully commits to these recommendations and is ready to contribute actively, through the expertise of its institutions, the sharing of its experiences and the mobilization of its partners, Bourita affirmed. The Minister concluded by calling on joint efforts to transform the African Atlantic into 'a lever for unity, an engine for shared prosperity and a bulwark of stability'. MAP: 08 mai 2025
Morocco World
08-05-2025
- Politics
- Morocco World
Morocco's Atlantic African Leadership Wins Ministerial Praise
Doha – Foreign Ministers gathered at the 5th ministerial meeting of the Atlantic African States Process (AASP) in Praia praised Morocco's growing regional leadership role on Thursday. They commended the country's efforts in advancing the initiative aimed at transforming the African Atlantic space into a zone of peace and prosperity. Cape Verde's Minister of Foreign Affairs, José Fiomeno de Carvalho Dias, pointed to Morocco's crucial support. 'The decisive role of the Process's permanent secretariat based in Rabat has been essential to the progress of this initiative,' he told MAP news agency. Dias confirmed Cape Verde's commitment to continue working with all member states. The goal remains creating 'an Atlantic region of peace, prosperity, and shared development.' Gambia's Foreign Minister Mamadou Tangara credited Morocco's leadership while noting the initiative 'belongs to all of us.' He said the vision originates from 'the wisdom of His Majesty King Mohammed VI, who has always advocated for the Atlantic space to be a space of solidarity, peace, and prosperity.' For her part, São Tomé and Príncipe's Foreign Minister Ilza Maria dos Santos Amado Vaz described the meeting as 'very positive.' She reaffirmed her country's commitment to implement strategies based on political dialogue. Ghana's Foreign Minister Samuel Okudzeto Ablakwa praised the royal initiative as 'a suitable platform for strengthening cooperation.' He called for increased security cooperation to address rising threats in the Atlantic area, including criminal and piracy activities. Mohamed Methqal, Director General of the Moroccan Agency for International Cooperation, affirmed the meeting's key purpose. The gathering 'serves to implement His Majesty the King's initiative promoting peace, shared prosperity, and the vitality of the Atlantic coast,' he stated. The meeting adopted the first implementation report since the initiative's launch. Ministers formalized various recommendations and scheduled the next ministerial meeting for September, on the sidelines of the UN General Assembly. 'Atlantic Africa cannot be a periphery' Morocco's Foreign Minister Nasser Bourita addressed participants by stressing that the partnership 'is not just a strategic instrument, but also a political, economic, and human process.' 'Our duty is to make it a reality, a visible, tangible and sustainable reality,' Bourita said. He reaffirmed 'the full determination of the Kingdom of Morocco to advance this dynamic, guarantee its continuity, and strengthen its scope.' Bourita pointed to major initiatives reflecting Morocco's approach. These include the Forum of Ministers of Justice in April 2024, the Presidents of Parliaments meeting in February 2025, and the Conference on Maritime Security and Counterterrorism in January 2025. 'For His Majesty King Mohammed VI, Atlantic Africa cannot be a periphery of the global world. It is a geostrategic heart, a dynamic interface between continents,' Bourita declared. The initiative connects with Morocco's plan to provide landlocked Sahel countries access to the Atlantic Ocean. This project centers on the Dakhla Atlantique complex in Western Sahara, expected to be completed by late 2028. The first ministerial meeting of African Atlantic states took place in August 2010 in Rabat. After a 13-year pause, the initiative was reactivated in June 2022. King Mohammed VI's speech on November 6, 2023, placed the African Atlantic states at the center of Morocco's African policy. Through this initiative, Morocco continues to strengthen its position as an emerging African power working for an integrated continent. Tags: Atlantic initiativeMorocco and Africa
Morocco World
08-05-2025
- Politics
- Morocco World
Bourita: For King Mohammed VI, Atlantic Africa is a Geostrategic Heart
Doha – Morocco's Minister of Foreign Affairs, Nasser Bourita, made an important statement at the 5th ministerial meeting of the African Atlantic States Process (AASP) in Praia, Cape Verde. 'For His Majesty King Mohammed VI, may God assist him, Atlantic Africa cannot be a periphery of the global world. It is a geostrategic heart, a dynamic interface between continents, a matrix of innovation and resilience,' Bourita declared on Thursday. 'Our duty is to make it a reality, a visible, tangible and sustainable reality,' he added. The Moroccan minister described the African Atlantic Partnership as both a strategic instrument and a political, economic, and human process. He noted that this partnership carries 'the ambition of an Africa that no longer suffers the winds of history, but chooses its direction and charts its course, with lucidity, confidence and unity.' He praised the 'vivacity, coherence, constancy, and collective determination' of the participating countries to establish the African Atlantic space as 'a dynamic of action, solidarity, and co-prosperity.' 'The African Atlantic space is no longer a geographical abstraction. It is now a strategic, endogenous and assumed reality,' Bourita stated, insisting it is a 'reality carried by a common conviction: that our future will be safer, more prosperous, and more sustainable if we build it together.' The 'Royal Initiative' has given birth to an unprecedented Afro-African partnership that embodies the essence of shared responsibility, he argued. It has laid the foundations for a new paradigm of cooperation – both pragmatic in its approach and ambitious in its aims: sustainable development, maritime security, environmental protection, and combating transnational threats. 'Atlantic Africa is today at an inflection point. It is scrutinized, courted, but also faced with multiple, systemic and transversal threats,' Bourita continued. He called on African Atlantic states to make 'an audible, credible and operational voice' heard, as other geostrategic spaces organize themselves in Europe, America and Asia. 'This can be done by strengthening our transregional anchoring, expanding cooperation circles, and deepening our synergies,' the top diplomat concluded. 'It is not just a political ambition, but an imperative of sovereignty and development.' From vision to reality This Atlantic vision connects directly with Morocco's initiative launched in November 2023 to provide landlocked Sahel countries access to the Atlantic Ocean through Moroccan infrastructure. The initiative addresses a key handicap of Sahelian economies – lack of sea access. The ambitious project centers on the Dakhla Atlantique complex – currently under construction in Western Sahara. This port, covering 1,650 hectares, is designed as a gateway to the Sahel and is expected to be completed by late 2028. Moroccan authorities plan to transform this infrastructure into a logistical hub connecting major West African ports (Abidjan, Lomé, Cotonou, Dakar) with those of Tangier and Casablanca. A road corridor approximately 2,200 km long will connect this new port to Mali via Mauritania, with extensions to Ouagadougou, Niamey, and N'Djamena. In April, Foreign Ministers from Burkina Faso, Mali, and Niger – members of the Sahel States Alliance (AES) – met with King Mohammed VI in Rabat to express their 'total adherence and commitment' to 'accelerate implementation' of the Atlantic Initiative. Niger's Minister Bakary Yaou Sangaré stressed Morocco's crucial role during a period when ECOWAS (Economic Community of West African States) and other international actors were putting pressure on the Sahel's transitional governments. 'At a time when they were about to declare war on us, Morocco expressed its solidarity with us,' he asserted. Burkina Faso's Minister Karamoko Jean Marie Traoré noted that his country is already working on technical and logistical aspects to implement the Atlantic proposal, stating the initiative isn't limited to physical sea access but marks the beginning of a fundamental economic transformation. This active diplomacy is also a means for Morocco to gain the upper hand over its regional rival Algeria, a historical mediator in the Sahel, now at daggers drawn with the AES countries. The Sahelian bloc accused Algeria of interference and supporting destabilizing insurgent groups. In early April, the three countries recalled their ambassadors to Algiers after Algeria allegedly shot down a Malian army drone. In line with this dynamic, Marrakech hosted a ministerial coordination meeting dedicated to the Atlantic Initiative on December 23, 2023. Under the auspices of Bourita, this meeting brought together Sahelian ministers and a representative from Chad, marking a first concrete step toward implementing the ambitious Royal Vision. During today's gathering, he noted that Morocco's empirical approach is reflected in key initiatives such as the Forum of Ministers of Justice (April 2024), the Presidents of Parliaments meeting (February 2025), and the Conference on Maritime Security and Counterterrorism (January 2025). Through this initiative and its diplomatic actions, Morocco confirms its status as an emerging African power, working for an integrated, resilient, and sovereign Africa. Tags: Atlantic initiativeNasser Bourita
