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Daily Mail
2 days ago
- Entertainment
- Daily Mail
The shocking scandals behind the Monaco throne as Prince Albert and Princess Charlene celebrate their wedding anniversary
He might be the leader of the smallest Kingdom in Europe but the reign of Prince Albert II Monaco has seen its fair share of scandals and controversies. Today is Prince Albert's 14th wedding anniversary - when he tied the knot with the then Charlene Wittstock in two lavish wedding ceremonies that cost a combined total £53million. With a glittering 850-strong guest list that included Sir Roger Moore and Prince Edward, the religious ceremony on July 2 followed the civil nuptials a day earlier. At the latter, Charlene stunned in an off-the-shoulder Armani dress boasting a six-metre train and studded with 40,000 Swarovski crystals and 20,000 mother of pearl tear drops. But even on their wedding day, the controversies that tend to follow the Monegasque Royal Family appeared. The couple's uneasy kiss - and the fact that at one moment Charlene was in tears - perhaps betrayed the trouble that had already taken place and the further angst that was to come. Days before the big day, rumours began to circulate that Charlene had tried to flee the country on three occasions with a one-way ticket to Johannesburg. A Parisian news magazine reported that Charlene had been stopped at Nice airport after allegedly learning a 'distressing' revelation about her future husband's private life. Charlene and Albert wait to met Pope Leo XIV in May. Despite their fair share of scandals, Prince Albert and Princess Charlene remain respected among other Royal Families in Europe. A senior Monaco detective claimed at the time: 'Charlene had her passport confiscated so that the Prince's entourage could persuade her to stay.' The rumour mill in France went into overdrive. Charlene had, it was suggested, heard talk of an illegitimate child, allegedly conceived when she was dating Prince Albert in 2005. But the Princess would go on to dismiss the 'hilarious' rumours. She said: 'Why would he go through all this effort to have our dearest friends come join us, for us to be reluctant?' And they spent the first night of their honeymoon in South Africa - the nation that Zimbabwe-born Charlene represented at the Olympics during her swimming career - in separate hotels. During his years as a bachelor, Albert was known as the 'playboy prince' due to his string of romantic relationships with models and actresses. He also fathered several love children - two of which the prince has acknowledged. Meanwhile, Princess Charlene has been known to disappear from the public eye on multiple occasions, reportedly due to 'deep fatigue'. The princess took a prolonged medical hiatus in South Africa which saw her spend most of 2021 away from her husband and children. This meant she missed the seventh birthdays of her twins - Jacques and Gabriella - and her tenth wedding anniversary. Charlene also travelled to a Swiss clinic that allegedly specialises in mental health and addiction issues. SInce 2021, Charlene has been seen with the Royal Family. Albert's questionable financial practises have also been the subject of much scrutiny in recent years with Tatler going as far as to declare there was a chance the monarch might not have survived the scandal last year. The rumours started in 2023 when Claude Palmero, 68, who looked after the Royal Family's finances (including their investments, their properties and the main palace), was sacked after being targeted by a mysterious anti-corruption website. A few months later, French newspaper Le Monde published Palmero's 'secret notebooks', which claimed to detail reckless spending by the Royal Family. It alleged that Albert spends millions every year from a secret French bank account to pay his former mistresses and love children - with Jazmin Grimaldi, 31, and Alexandre Coste-Grimaldi, 20, receiving allowances of £344,000 each. According to Le Monde, Jazmin, Albert's love child with U.S. estate agent Tamara Rotolo, receives £73,000 every three months - despite not being part of the royal family. Palmero noted she was given £4,200 for her 18th and a flat in New York worth £2.6 million seven years later. Prince Albert II, Princess Charlene, Prince Jacques and Princess Gabriella during the Army Parade, as part of the official celebrations marking the principality National Day in 2024 He also noted that the palace was paying for kidnap and ransom insurance for Alexandre, 20, Albert's son with former air hostess Nicole Coste. The Prince acknowledged paternity of Alexandre in 2005. Princess Charlene's own mismanagement of her money was also criticised in the paper. She was routinely given an allowance of around £1.2 million a year - but still managed to overspend, according to Palmero's notes. The speed at which the mother-of-two apparently burned through money so worried the Prince's accountant that he wrote in his notes: 'It's crazy! I have no control over the Princess' spending.' After Albert sacked Palmero he was then questioned by police after Albert filed a lawsuit against him, resulting in an investigation into alleged 'breach of confidentiality, invasion of privacy and receiving the proceeds of two offences'. After losing his role in the palace, Palmero reportedly filed a lawsuit against the royal family, accusing them of abuse of weakness, attempted extortion and theft. He also contested his dismissal before a tribunal headed by Judge Linotte. When the president of Monaco's Supreme Court was pushed out, Palmero went to the European Court of Human Rights. He allegedly claimed that it wasn't possible to get a fair hearing in the super-rich principality. The case is still ongoing. Albert has denied all of Palmero's allegations. Despite the questions over their financial practises, Prince Albert and Princess Charlene remain respected among other Royal Families in Europe. In May, the royals joined other Catholic monarchs including the King and Queen of Spain and Belgium for an audience with Pope Leo XIV. Princess Charlene along with Queen Letizia of Spain and Queen Mathilde of Belgium are allowed to wear white in front of the Pope because of their faith. They are each one of only seven women in the world who have 'the privilege of the white'. Called 'le privilege du blanc' in French or 'il privilegio del bianco' in Italian, the special tradition is extended solely to designated Catholic queens and princesses and is reserved for important events at the Vatican, such as private audiences, canonisations, beatifications, and special masses. Normal protocol for papal audiences requires that ladies wear a long black dress with a high collar and long sleeves and a black mantilla.
Yahoo
6 days ago
- Business
- Yahoo
Wynn Resorts Opens Wynn Mayfair
Wynn Resorts, Limited (NASDAQ:WYNN) is among the 10 Best Casino Stocks To Buy Now. It has officially launched Wynn Mayfair following its acquisition from Crown Resorts, with approval from the UK Gaming Commission. Aerial view of a luxury hotel tower surrounded by lush green landscaping. The luxury private members-only club, which is situated at 27–28 Curzon Street, is part of Wynn Resorts, Limited (NASDAQ:WYNN)'s strategic European development before the Wynn Al Marjan Island resort opens in the United Arab Emirates in early 2027. The Wynn Mayfair has six private salons, a rooftop terrace, and twenty gaming tables located between two historic townhouses in London's Mayfair neighborhood. The public can now enjoy great wines, unique cocktails, and locally sourced food at The Bar and The Dining Room. Originally known as the White Elephant Club in the 1960s, the club rose to notoriety under gaming personality John Aspinall and has welcomed celebrities such as Roger Moore and Princess Margaret. Wynn Resorts, Limited (NASDAQ:WYNN)'s arrival at this renowned location supports its luxury positioning in international markets and fits well with its future expansion plan in the United Arab Emirates. While we acknowledge the potential of WYNN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
25-06-2025
- Automotive
- Associated Press
Vision Marine Technologies Acquires Nautical Ventures Group, Boating Industry 2024 Top 100 Dealer of the Year
MONTREAL, QC - June 23, 2025 - Vision Marine Technologies Inc. (NASDAQ:VMAR) ('Vision Marine' or the 'Company'), a leader in high-voltage electric marine propulsion systems, today announced the acquisition of Nautical Ventures Group, Inc. ('Nautical Ventures'), a Florida-based recreational boat dealership, marina, and service provider. Recently named the 2024 Boating Industry 'Dealer of the Year'. Nautical Ventures is widely recognized as one of the top boat dealership networks in the United States-and is notably the number one Axopar dealership globally. This acquisition marks the formation of North America's first electric boat propulsion and boat dealership company, combining Vision Marine's proprietary E-Motion™ high-voltage electric powertrain with Nautical Ventures' retail footprint, multi-brand boat inventory, and full-service infrastructure. 'This acquisition marks a pivotal step in Vision Marine's strategy to scale and compete at the highest level of the global boating industry,' said Alexandre Mongeon, CEO of Vision Marine. 'The market is entering a new phase-one defined by innovation in propulsion, increasing demand for integrated solutions, and rising expectations from both OEMs and consumers. By joining forces with Nautical Ventures, we gain immediate access to a proven retail and service network, allowing us to accelerate the rollout of next-generation marine technology. Nautical Ventures' founder & CEO Roger Moore has been a mentor and friend for over a decade, and I am honored to carry forward this shared vision under one banner.' Roger Moore added: 'Nautical Ventures has always focused on bringing the best products and experiences to boaters. Our partnership with Vision Marine allows us to stay true to that mission while expanding what's possible. Electric propulsion is no longer a future concept-it's here, and it's ready.' Nautical Ventures operates nine high-volume retail locations across Florida, including two flagship waterfront showrooms, providing Vision Marine with direct access to one of the most concentrated and active recreational boating markets in the world. The dealership offers a wide portfolio of prestigious marine brands including Axopar, Beneteau, Brabus, Edgewater, Flite, Highfield, Hobie, Mercury, NorthStar, Seabob, Smokercraft, Suzuki, Tohatsu, Wellcraft, and Yamaha, serving a diverse customer base from high-performance boaters to luxury yacht owners and international resort fleets. Transaction Highlights: A New Powerhouse in Boating With the global electric boat market projected to exceed USD $2.5 billion by 2030, and an anticipated compound annual growth rate (CAGR) of over 18%, Vision Marine is now strategically positioned to lead this rapidly growing segment with a high-performance propulsion platform and direct market access through established retail and service infrastructure. Integration of Nautical Ventures' operations is already underway. The transaction was funded through a combination of cash, a seller's note and up to 255,102 shares of Vision Marine's common acted as an advisor to Vision Marine in connection with the acquisition. About Vision Marine Technologies Inc. Vision Marine Technologies Inc. (NASDAQ: VMAR) is a leading innovator in high-voltage electric propulsion systems for the recreational marine industry. The Company's E-Motion™ powertrain offers OEMs and consumers a scalable, zero-emission, high-performance alternative to internal combustion systems. Vision Marine's mission is to transform the boating experience through technology, efficiency, and integrated end-to-end electric solutions. Visit: About Nautical Ventures Group, Inc. Nautical Ventures is an award-winning marine dealership headquartered in Florida, operating nine retail and service locations with global reach. Known for its innovation and bold branding, the company offers a full portfolio of marine products-spanning powerboats, yachts, tenders, catamarans, and electric vessels-supported by factory-trained service and international export capabilities. Nautical Ventures leads the market in real-world adoption of electric propulsion and is the creator of the 'Orange is the New Green' campaign. Visit: Forward-Looking Statements: This press release contains forward-looking statements within the meaning of U.S. securities laws, including statements related to the strategic, operational, and financial impacts of the acquisition. These statements are subject to risks and uncertainties, including those discussed in Vision Marine's filings with the U.S. Securities and Exchange Commission. Vision Marine undertakes no obligation to update forward-looking statements except as required by law. Investor Contact: Bruce Nurse, Investor Relations Vision Marine Technologies Inc. (303) 919-2913 [email protected] Media Contact Company Name: Microcap Headlines, Inc. Contact Person: Natalie Peccia Email: Send Email Phone: (888) 254-2227 Country: United States Website: Source: Microcap Headlines, Inc.
Globe and Mail
24-06-2025
- Business
- Globe and Mail
Vision Marine Technologies Acquires Nautical Ventures Group, Boating Industry 2024 Top 100 Dealer of the Year
MONTREAL, QC - June 23, 2025 - Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in high-voltage electric marine propulsion systems, today announced the acquisition of Nautical Ventures Group, Inc. ("Nautical Ventures"), a Florida-based recreational boat dealership, marina, and service provider. Recently named the 2024 Boating Industry "Dealer of the Year". Nautical Ventures is widely recognized as one of the top boat dealership networks in the United States-and is notably the number one Axopar dealership globally. This acquisition marks the formation of North America's first electric boat propulsion and boat dealership company, combining Vision Marine's proprietary E-Motion™ high-voltage electric powertrain with Nautical Ventures' retail footprint, multi-brand boat inventory, and full-service infrastructure. "This acquisition marks a pivotal step in Vision Marine's strategy to scale and compete at the highest level of the global boating industry," said Alexandre Mongeon, CEO of Vision Marine. "The market is entering a new phase-one defined by innovation in propulsion, increasing demand for integrated solutions, and rising expectations from both OEMs and consumers. By joining forces with Nautical Ventures, we gain immediate access to a proven retail and service network, allowing us to accelerate the rollout of next-generation marine technology. Nautical Ventures' founder & CEO Roger Moore has been a mentor and friend for over a decade, and I am honored to carry forward this shared vision under one banner." Roger Moore added: "Nautical Ventures has always focused on bringing the best products and experiences to boaters. Our partnership with Vision Marine allows us to stay true to that mission while expanding what's possible. Electric propulsion is no longer a future concept-it's here, and it's ready." Nautical Ventures operates nine high-volume retail locations across Florida, including two flagship waterfront showrooms, providing Vision Marine with direct access to one of the most concentrated and active recreational boating markets in the world. The dealership offers a wide portfolio of prestigious marine brands including Axopar, Beneteau, Brabus, Edgewater, Flite, Highfield, Hobie, Mercury, NorthStar, Seabob, Smokercraft, Suzuki, Tohatsu, Wellcraft, and Yamaha, serving a diverse customer base from high-performance boaters to luxury yacht owners and international resort fleets. Transaction Highlights: A New Powerhouse in Boating Turnkey Electric Boating Platform - Vision Marine now offers a complete electric boating solution encompassing propulsion system design and manufacturing, boat integration, showroom sales, convenient sea trial access, professional installation, and comprehensive long-term service and maintenance. Direct-to-Consumer Expansion - With the addition of Nautical Ventures' premium dealer network, Vision Marine is positioned to directly sell and install its E-Motion™ high-voltage systems across a wide range of globally recognized boat platforms-both those already integrated through the Company's 22 completed HV deployments and additional leading brands offered through Nautical Ventures' retail portfolio. Immediate Market Penetration - Nautical Ventures' six locations across Florida's most active boating markets provide Vision Marine with direct exposure to tens of thousands of marine consumers annually. Their strong presence at major U.S. boat shows further enhances brand visibility and creates high-impact opportunities for customer engagement, product demonstration, and electric adoption. Diversified Revenue Streams - In addition to Vision Marine's existing consumer sales generated through production agreements with OEM partners, the acquisition adds high-margin dealership sales, rentals, parts, and aftermarket services-broadening the Company's revenue mix. Foundation for Scaled Growth - The combined entity is now positioned to execute a nationwide rollout of integrated electric boats and services across both consumer and OEM channels. With the global electric boat market projected to exceed USD $2.5 billion by 2030, and an anticipated compound annual growth rate (CAGR) of over 18%, Vision Marine is now strategically positioned to lead this rapidly growing segment with a high-performance propulsion platform and direct market access through established retail and service infrastructure. Integration of Nautical Ventures' operations is already underway. The transaction was funded through a combination of cash, a seller's note and up to 255,102 shares of Vision Marine's common stock.ThinkEquity acted as an advisor to Vision Marine in connection with the acquisition. About Vision Marine Technologies Inc. Vision Marine Technologies Inc. (NASDAQ: VMAR) is a leading innovator in high-voltage electric propulsion systems for the recreational marine industry. The Company's E-Motion™ powertrain offers OEMs and consumers a scalable, zero-emission, high-performance alternative to internal combustion systems. Vision Marine's mission is to transform the boating experience through technology, efficiency, and integrated end-to-end electric solutions. Visit: About Nautical Ventures Group, Inc. Nautical Ventures is an award-winning marine dealership headquartered in Florida, operating nine retail and service locations with global reach. Known for its innovation and bold branding, the company offers a full portfolio of marine products-spanning powerboats, yachts, tenders, catamarans, and electric vessels-supported by factory-trained service and international export capabilities. Nautical Ventures leads the market in real-world adoption of electric propulsion and is the creator of the "Orange is the New Green" campaign. Visit: Forward-Looking Statements: This press release contains forward-looking statements within the meaning of U.S. securities laws, including statements related to the strategic, operational, and financial impacts of the acquisition. These statements are subject to risks and uncertainties, including those discussed in Vision Marine's filings with the U.S. Securities and Exchange Commission. Vision Marine undertakes no obligation to update forward-looking statements except as required by law. Investor Contact: Bruce Nurse, Investor Relations Vision Marine Technologies Inc. (303) 919-2913 bn@ Media Contact Company Name: Microcap Headlines, Inc. Contact Person: Natalie Peccia Email: Send Email Phone: (888) 254-2227 Country: United States Website:
Miami Herald
23-06-2025
- Automotive
- Miami Herald
Vision Marine Technologies Acquires Nautical Ventures Group, Boating Industry 2024 Top 100 Dealer of the Year
Creates North America's first High-Voltage Propulsion Manufacturer with Multi-Brand Retail and Service InfrastructurePositions Company for Accelerated Growth in $2.5B+ Global Electric Boat MarketConsistently Generated Over USD $100 Million in Annual Sales from 2020 to 2023 MONTREAL, QC / ACCESS Newswire / June 23, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in high-voltage electric marine propulsion systems, today announced the acquisition of Nautical Ventures Group, Inc. ("Nautical Ventures"), a Florida-based recreational boat dealership, marina, and service provider. Recently named the 2024 Boating Industry "Dealer of the Year". Nautical Ventures is widely recognized as one of the top boat dealership networks in the United States-and is notably the number one Axopar dealership globally. This acquisition marks the formation of North America's first electric boat propulsion and boat dealership company, combining Vision Marine's proprietary E-Motion™ high-voltage electric powertrain with Nautical Ventures' retail footprint, multi-brand boat inventory, and full-service infrastructure. "This acquisition marks a pivotal step in Vision Marine's strategy to scale and compete at the highest level of the global boating industry," said Alexandre Mongeon, CEO of Vision Marine. "The market is entering a new phase-one defined by innovation in propulsion, increasing demand for integrated solutions, and rising expectations from both OEMs and consumers. By joining forces with Nautical Ventures, we gain immediate access to a proven retail and service network, allowing us to accelerate the rollout of next-generation marine technology. Nautical Ventures' founder & CEO Roger Moore has been a mentor and friend for over a decade, and I am honored to carry forward this shared vision under one banner." Roger Moore added: "Nautical Ventures has always focused on bringing the best products and experiences to boaters. Our partnership with Vision Marine allows us to stay true to that mission while expanding what's possible. Electric propulsion is no longer a future concept-it's here, and it's ready." Nautical Ventures operates nine high-volume retail locations across Florida, including two flagship waterfront showrooms, providing Vision Marine with direct access to one of the most concentrated and active recreational boating markets in the world. The dealership offers a wide portfolio of prestigious marine brands including Axopar, Beneteau, Brabus, Edgewater, Flite, Highfield, Hobie, Mercury, NorthStar, Seabob, Smokercraft, Suzuki, Tohatsu, Wellcraft, and Yamaha, serving a diverse customer base from high-performance boaters to luxury yacht owners and international resort fleets. Transaction Highlights: A New Powerhouse in Boating Turnkey Electric Boating Platform - Vision Marine now offers a complete electric boating solution encompassing propulsion system design and manufacturing, boat integration, showroom sales, convenient sea trial access, professional installation, and comprehensive long-term service and Expansion - With the addition of Nautical Ventures' premium dealer network, Vision Marine is positioned to directly sell and install its E-Motion™ high-voltage systems across a wide range of globally recognized boat platforms-both those already integrated through the Company's 22 completed HV deployments and additional leading brands offered through Nautical Ventures' retail Market Penetration - Nautical Ventures' six locations across Florida's most active boating markets provide Vision Marine with direct exposure to tens of thousands of marine consumers annually. Their strong presence at major U.S. boat shows further enhances brand visibility and creates high-impact opportunities for customer engagement, product demonstration, and electric Revenue Streams - In addition to Vision Marine's existing consumer sales generated through production agreements with OEM partners, the acquisition adds high-margin dealership sales, rentals, parts, and aftermarket services-broadening the Company's revenue for Scaled Growth - The combined entity is now positioned to execute a nationwide rollout of integrated electric boats and services across both consumer and OEM channels. With the global electric boat market projected to exceed USD $2.5 billion by 2030, and an anticipated compound annual growth rate (CAGR) of over 18%, Vision Marine is now strategically positioned to lead this rapidly growing segment with a high-performance propulsion platform and direct market access through established retail and service infrastructure. Integration of Nautical Ventures' operations is already underway. The transaction was funded through a combination of cash, a seller's note and up to 255,102 shares of Vision Marine's common stock.ThinkEquity acted as an advisor to Vision Marine in connection with the acquisition. About Vision Marine Technologies Marine Technologies Inc. (NASDAQ: VMAR) is a leading innovator in high-voltage electric propulsion systems for the recreational marine industry. The Company's E-Motion™ powertrain offers OEMs and consumers a scalable, zero-emission, high-performance alternative to internal combustion systems. Vision Marine's mission is to transform the boating experience through technology, efficiency, and integrated end-to-end electric solutions. Visit: About Nautical Ventures Group, Ventures is an award-winning marine dealership headquartered in Florida, operating nine retail and service locations with global reach. Known for its innovation and bold branding, the company offers a full portfolio of marine products-spanning powerboats, yachts, tenders, catamarans, and electric vessels-supported by factory-trained service and international export capabilities. Nautical Ventures leads the market in real-world adoption of electric propulsion and is the creator of the "Orange is the New Green" campaign. Visit: Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of U.S. securities laws, including statements related to the strategic, operational, and financial impacts of the acquisition. These statements are subject to risks and uncertainties, including those discussed in Vision Marine's filings with the U.S. Securities and Exchange Commission. Vision Marine undertakes no obligation to update forward-looking statements except as required by law. Investor Contact:Bruce Nurse, Investor RelationsVision Marine Technologies Inc.(303) 919-2913bn@ SOURCE: Vision Marine Technologies Inc
