World
More People are Signing Up on Online Betting Sites to Spend their Time During Lockdown Period

A global survey has highlighted that a lot of people have been signing up on online betting sites in order to spend their time during the lockdown period. As the coronavirus fear is rising across the world, almost every nation has announced lockdown to put a full stop on the spread of the Covid-19 pandemic. And people have been spending their time playing online games and taking part in gambling activities.
Not just are they learning about new strategies of winning a huge amount in online betting, but they have also been signing up on many online betting platforms in order to enjoy playing a variety of games. The popularity of online casino games, esports, and video games has increased a lot due to the rising digitization across the globe. This has left people with more number of options to spend their time well.
The use of online marketing strategies and the free bet offers have been contributing to an increase in the demand for online betting games on a large scale. Especially, the youngsters have been participating in online gambling activities on a large scale. The increasing digitization and the mobile revolution has really changed the entire scenario.
And it has simply led to a boost in the demand for online sports betting among people to play various online games. In the year 2018, the online betting industry stood at USD 48 billion and it is expected to grow at a CAGR of 11.8% till the year 2025. Moreover, the legalization of online betting across the world has been contributing to an increase in its popularity on a large scale.
The coronavirus pandemic has left the world in a complete shock and it has halted almost every economic activity in the world. However, for the online gaming industry, it has turned out to be a positive thing. It is because of the fact that more people have been signing up on online gaming platforms in order to spend their free time.
People are posting videos on their social media platforms in which they can be seen playing online games in different niches. It is not just limited to just one area of the world but people from all corners of the globe are simply signing up on online betting sites to invest their free time to take part in online betting activities.
World
Turkish Textile Giant Sun Textile Solution Proposal for Drought

While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.
Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.
The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.
CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!
In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.
The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.
R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!
Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.
OFFERING CUSTOM DESIGNS TO CUSTOMERS
Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe.
With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.
Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.
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