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VIP Play, Inc. secures West Virginia market access, set to launch new VIP Play app in early 2025

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VIP Play (VIPZ) has secured market access to West Virginia through a definitive agreement with Delaware North for Sports Betting and Online Casino operations. The company will operate under Delaware North's Wheeling Island Casino license, paying a percentage of online net gaming revenue. VIPZ, currently operating in Tennessee as ZenSports, plans to launch in West Virginia before the 2025 collegiate football season, coinciding with the release of their newly branded VIP Play app in early 2025. This expansion marks the company's entry into iGaming within the US market.

VIP Play (VIPZ) ha ottenuto l'accesso al mercato della Virginia Occidentale attraverso un accordo definitivo con Delaware North per le operazioni di scommesse sportive e casinò online. L'azienda opererà sotto la licenza del Wheeling Island Casino di Delaware North, pagando una percentuale delle entrate nette di gioco online. VIPZ, attualmente operativa in Tennessee come ZenSports, prevede di lanciare in Virginia Occidentale prima dell'inizio della stagione calcistica collegiale del 2025, in coincidenza con il rilascio della loro nuova app VIP Play all'inizio del 2025. Questa espansione segna l'ingresso dell'azienda nel mercato iGaming negli Stati Uniti.

VIP Play (VIPZ) ha asegurado el acceso al mercado de Virginia Occidental a través de un acuerdo definitivo con Delaware North para operaciones de apuestas deportivas y casino en línea. La compañía operará bajo la licencia del Wheeling Island Casino de Delaware North, pagando un porcentaje de los ingresos netos de juego en línea. VIPZ, que actualmente opera en Tennessee como ZenSports, planea lanzarse en Virginia Occidental antes de la temporada de fútbol universitario de 2025, coincidiendo con el lanzamiento de su nueva aplicación VIP Play a principios de 2025. Esta expansión marca la entrada de la compañía en el mercado de iGaming en EE. UU.

VIP Play (VIPZ)는 델라웨어 노스와 스포츠 베팅 및 온라인 카지노 운영을 위한 확정 계약을 통해 웨스트버지니아 시장 접근을 확보했습니다. 이 회사는 델라웨어 노스의 휠링 아일랜드 카지노 라이센스 하에 운영하며, 온라인 순게임 수익의 일정 비율을 지불합니다. 현재 테네시에서 ZenSports로 운영되고 있는 VIPZ는 2025년 대학 미식축구 시즌 전에 웨스트버지니아에서 런칭할 계획이며, 이는 2025년 초에 새롭게 브랜드를 변경한 VIP Play 앱과 함께 진행됩니다. 이번 확장은 미국 시장 내 iGaming으로의 진입을 의미합니다.

VIP Play (VIPZ) a obtenu l'accès au marché de Virginie-Occidentale par le biais d'un accord définitif avec Delaware North pour des opérations de paris sportifs et de casino en ligne. L'entreprise fonctionnera sous la licence du Wheeling Island Casino de Delaware North, en payant un pourcentage des revenus nets des jeux en ligne. VIPZ, qui opère actuellement dans le Tennessee sous le nom de ZenSports, prévoit de lancer son offre en Virginie-Occidentale avant la saison de football universitaire 2025, coïncidant avec le lancement de leur nouvelle application VIP Play au début de 2025. Cette expansion marque l'entrée de l'entreprise dans le marché de l'iGaming aux États-Unis.

VIP Play (VIPZ) hat den Marktzugang zu West Virginia durch eine endgültige Vereinbarung mit Delaware North für Sportwetten und Online-Casino-Operationen gesichert. Das Unternehmen wird unter der Lizenz des Wheeling Island Casinos von Delaware North arbeiten und einen Prozentsatz der Online-Netto-Spielerträge zahlen. VIPZ, das derzeit in Tennessee als ZenSports tätig ist, plant den Launch in West Virginia vor der College-Football-Saison 2025, was mit der Einführung ihrer neu branded VIP Play-App Anfang 2025 zusammenfällt. Diese Expansion markiert den Eintritt des Unternehmens in den iGaming-Markt in den USA.

Positive
  • Market expansion into West Virginia, adding a second US state to operations
  • Addition of iGaming (online casino) to existing sports betting offerings
  • Strategic partnership with established gaming operator Delaware North
Negative
  • Revenue sharing agreement with Delaware North will impact profit margins
  • Launch dependent on pending regulatory approval
  • Significant wait time until early 2025 launch

VIP Play, Inc. (VIPZ) has entered into a definitive agreement with Delaware North for market access to the state of West Virginia for Sports Betting and Online Casino.

SARASOTA, Fla., Dec. 20, 2024 /PRNewswire/ -- VIP Play, Inc. (VIPZ), an experienced mobile gambling operator in both the US and International gaming markets (currently operating in the state of Tennessee as ZenSports) –  has agreed to terms with Delaware North to operate in West Virginia under Delaware North's Wheeling Island Casino license.

Delaware North is a global hospitality and entertainment company with a significant gaming division, including a portfolio of regional casinos in eight states.

As part of the agreement, VIPZ will pay Delaware North a percentage of their online net gaming revenue during the term of the agreement.

The agreement marks the start of VIP Play's 2025 US expansion efforts, and the team expects to launch in West Virginia  (pending regulatory approval) prior to the 2025 collegiate football season and in coordination with the development of the newly branded and designed VIP Play app, set to debut in early 2025 in Tennessee.

Bruce Cassidy, CEO and Chairman of the Board at VIP Play, Inc. says:  "We appreciate Delaware North's access to the wonderful state of West Virginia. This is an ideal market for VIP Play, Inc. to expand into as part of our US expansion efforts. We welcome the addition of online casino – "iGaming" – to our list of offerings within the US and are excited to bring the VIP Play mobile app to West Virginia residents and visitors in 2025.

About VIP Play, Inc.
VIP Play, Inc. (OTC: VIPZ) is an online gaming operator, currently doing business in the state of Tennessee as ZenSports. VIP Play, Inc. boasts a history of innovation within the sports betting industry, exemplified by their proprietary wagering technology and the recently-launched Big Game Sweepstakes, a sweepstakes-style promotion,  exclusive to Tennessee sports bettors.

About Delaware North
Delaware North is a global leader in the hospitality and entertainment industry. The company annually serves more than a half-billion guests across three continents, including at high-profile sports venues, airports, national and state parks, restaurants, resorts, hotels and casinos. Building on more than a century of enduring partnerships and a commitment to local communities and sustainability, Delaware North's vision is to delight guests by creating the world's best experiences today while reimagining tomorrow. Learn more about Delaware North at www.DelawareNorth.com.

Cision View original content:https://www.prnewswire.com/news-releases/vip-play-inc-secures-west-virginia-market-access-set-to-launch-new-vip-play-app-in-early-2025-302337191.html

SOURCE VIP Play, Inc.

FAQ

When will VIP Play (VIPZ) launch its operations in West Virginia?

VIP Play plans to launch in West Virginia prior to the 2025 collegiate football season, pending regulatory approval.

What services will VIPZ offer in West Virginia?

VIPZ will offer both Sports Betting and Online Casino (iGaming) services in West Virginia.

Which casino license will VIPZ operate under in West Virginia?

VIPZ will operate under Delaware North's Wheeling Island Casino license in West Virginia.

When will the new VIP Play app launch in Tennessee?

The newly branded and designed VIP Play app is set to debut in Tennessee in early 2025.

What is the revenue sharing structure between VIPZ and Delaware North?

VIPZ will pay Delaware North a percentage of their online net gaming revenue during the term of the agreement, though specific terms were not disclosed.

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