Winners Inc. (OTCMKTS:WNRS) Set to Acquire The Longshot Report with an Active Subscriber Base of 15,000
Winners Inc., (OTCMKTS:WNRS) via its operating subsidiary VegasWinners, is involved in the business of sports gambling research, data, advice, analysis and predictions utilizing all available media, advertising formats and its database of users. VegasWinners is a registered sports gambling affiliate registered in multiple states that intends to drive traffic to gaming operators for commission.
Market Stats
On Tuesday, WNRS stock gained 13% to $0.0092 with 227K shares, compared to its average volume of 277K shares. The stock moved within a range of $0.0085 – 0.0094 after opening trading at $0.0088.
Winners, Inc. Executes Letter of Intent to Acquire “The Longshot Report” with over 15,000 Active Subscribers in their Sports Handicapping Service
Winners, Inc. via its subsidiary VegasWinners, announced on August 2, 2022, about executing a letter of intent for the acquisition of Golf Longshots, LLC., known as The Longshot Report, a rapidly growing internet/online subscription-based company. It offers daily and weekly advice regarding a wide range of sports picks for fantasy and sports betting with an online platform and mobile app available for download at the App Store and Play Store.
The Longshot Report, founded in 2019 has witnessed remarkable growth in annual revenue since inception. It has over 15,000 active subscribers, digital infrastructure in place, web platform, mobile app, payment processing center, developed an app available for download and a guide to “Beating the Sports Betting Market” available on its website.
Wayne Allyn Root, Winners, Inc. CEO is thrilled about their first acquisition in the sports gaming and handicapping field. With legal, licensed sports gambling exploding across the USA, the goal is to acquire other companies that fit their model of providing high-quality analysis, advice, predictions, and information to millions of American sports gamblers. The huge database of Longshot Report, will serve both revenue streams – selling sports handicapping picks online and earning affiliate fees for referring their well-informed educated sports enthusiasts to legal, licensed sportsbooks across the country.
Brian Foy, The Longshot Report CEO is equally delighted to collaborate with Winners Inc. to bring their one-of-a-kind approach and sports investment strategies to the market that has yielded a customer acquisition strategy that will aid Winners to expand their subscription business, while compounding the traffic of sports investors heading to their affiliate sportsbooks sites, to grow revenues.
Winners Subsidiary VegasWinners Qualifies under an Exemption to Operate as a Sports Wagering Service Provider by the Louisiana State Police Gaming Enforcement Division
On May 23, 2022, an announcement was made that VegasWinners had qualified under an exemption as a sports wagering service provider by the Louisiana State Police Gaming Enforcement Division to refer customers in Louisiana to licensed sports books in return for commission payments.
January 28, 2022 is the day when mobile sports betting in Louisiana officially went live. The Louisiana Gaming Control Board reported more than $40 million was wagered the four-day period covering January 28-31. There were six operators accepting online wagers – Caesars, FanDuel, Barstool, DraftKings, BetRivers, and BetMGM. According to PlayLouisiana, Louisiana is all set to utilize its rich natural advantages to one day transform the state into a market that will attract more than $2.5 billion in annual sports wagers and more than $200 million in operator revenue.
Traders Corner
WNRS stock is trading below the 20-Day and 50-Day Moving averages of $0.0081 and $0.0097 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0155.
