Why Did Winners Inc (OTCMKTS:WNRS) Stock Jump 22% On Wednesday?
Winners Inc (OTCMKTS:WNRS) and its operating subsidiaries give sports betting enthusiasts quality research, content, and guidance for betting sports.
Trading Data
On Wednesday, WNRS stock jumped 22.58% to $0.0038 with more than 42.50K shares, compared to its average volume of 640.99K shares. The stock moved within a range of $0.0037 – 0.0038 after opening trading at $0.0037.
Winners announced that pursuant to the subsidiary VegasWinners Revenue Share agreement with a leading entity in the horse racing industry, Horse Races Now, and leading digital marketing agency, Next Play Digital, is now live with several revenue streams.
There are a number of layers to the Revenue Share Agreement between parties. Firstly, VegasWinners has marketing partnerships with several large legal licensed sports books in the United States. It is also licensed in a number of states having online sports betting, which islegalized. Secondly, Horse Races Now has a database of more than 380,000 users in areas where sports wagering is regulated and legal through a licensed sports book.
Horse Races users can place wagers with the sports book partners of VegasWinners. Its users can also wager on races from App Store or Play Store for iPhone or Android users respectively. VegasWinners will offer football handicapping paid information from September 2023 football season to a 380,000-player database of Horse Races.
The agreement with Next Play Digital and Horse Races Now enables VegasWinners to expand into a multi-billion-dollar handicapping industry. It is estimated that the global horse racing market size was US$300 billion in 2019 and will grow significantly in the next decade.
