LAS VEGAS, NV / ACCESSWIRE / November 22, 2022 / Winners, Inc. (OTC PINK:WNRS), through its operating subsidiaries, provide sports betting enthusiasts with quality content, analysis, research, data and guidance for popular sportsbooks. Announced revenues are $32,741 for the quarter ended September 30, 2022 compared to $11 for the quarter ended September 30, 2021, an increase of nearly 3000%. The full financial report can be read here.
Brian Foy, CEO of Longshot Report and CMO of Winners Inc. stated, “I’m pleased but not satisfied with the earnings I’ve made in my 1st yearSt full quarter as CMO of Winners. Our goal for the quarter was to test different marketing initiatives and test the business model. We’ve done both and are now poised to expand exponentially with a focus on revenue.”
VegasWinners is a licensed sports betting affiliate that intends to drive traffic to gaming operators for commissions. VegasWinners is currently licensed in multiple states and has applications in additional states. VegasWinners intends to be licensed in all states that allow online sports betting. To date, online sports betting has been legalized in Nevada, New Jersey, West Virginia, Pennsylvania, Rhode Island, Iowa, Oregon, Indiana, New Hampshire, Michigan, Colorado and Washington DC.
The size of the global sports betting market was estimated at US$76.75 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030 as reported by Grand View Research. Factors such as the proliferation of connected devices, the changing regulatory landscape across the gaming industry and the growing digital infrastructure are fueling the demand for sports betting. The online segment accounted for the largest revenue share at over 50.0% in 2020 and is expected to maintain its lead during the forecast period. The expected growth is due to the increasing use of smartphones and the Internet worldwide. Technological development and digitization have influenced the lifestyle of the world population. Codependent factors are financial growth, improvement in living standards, and an increase in disposable income.
ABOUT WINNER, INC.
Winners, Inc. (OTC PINK: WNRS), through its subsidiaries, is engaged in sports betting research, data, consulting, analysis and prediction using all available media, advertising formats and its user database. Revenue is expected to accelerate due to the explosion in sports disabilities resulting from the Supreme Court’s 2018 decision that states have the right to authorize sports gambling and the resulting rapid state-to-state licensing of sports gambling. Its Subsidiaries: VegasWinners is a registered sports betting affiliate that intends to route traffic to gambling operators for commissions. VegasWinners is currently registered in West Virginia, Indiana, Colorado, New Jersey, Tennessee, Pennsylvania and able to operate in New York, Nevada, Mississippi, Wyoming, Illinois, Iowa, Louisiana and has applied in several additional states ; The LongShot Report is a fast growing internet/online subscription based company providing advice on sports tips for fantasy and sports betting including but not limited to football, basketball, baseball, hockey and golf with an online platform and mobile app , which can be downloaded from the App Store and the Play Store. Visit the VegasWinners and The LongShot Report websites and social media on Twitter for more information.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements, which are identified by words such as “believes”, “expects”, “potential”, “plans”, “proposes”, “may”, “should”, “could”, “intends”, ‘ or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the future results implied in such statements. These factors include, but are not limited to, our ability to continue to improve our products and systems to respond to changes in the industry, our ability to expand our customer base and retain existing customers, our ability to serve in our market segment to compete effectively, lack of public information about our company, our ability to raise sufficient capital to fund our business and operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the Company’s control. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update any forward-looking statements to reflect circumstances or events after the date of the forward-looking statements.
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SOURCE: winner, inc
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https://www.accesswire.com/727713/Brian-Foy-the-New-CMO-of-Winners-Inc-Reports-Revenues-of-32741-for-the-Quarter-Ended-September-30-2022- compared to 11 for the quarter ended September 30, 2021, an increase of nearly 3000