Winners, Inc. Report Month to Month Revenue Increase of over 58%

Rhea-AI Summary

Winners, Inc. (WNRS) announced a significant revenue increase of over 58% in September compared to August 2022, driven by robust customer acquisition efforts. The company anticipates continued revenue growth into October, fueled by innovative marketing campaigns and high-quality content. Their dual subscription funnels and website sales enhance daily revenue streams. With VegasWinners' licensing efforts expanding in multiple states, the company is well-positioned to capitalize on the growing sports betting market, projected to reach USD 83.65 billion by 2030.

Positive

• Revenue increased over 58% month-over-month in September compared to August.
• New and renewing subscribers are growing due to effective marketing.
• Multiple revenue streams established, enhancing overall income.
• Expansion of licensing in various states for VegasWinners.

Negative

• None.

LAS VEGAS, NV / ACCESSWIRE / October 11, 2022 / Winners, Inc. (OTC PINK:WNRS) through its subsidiaries VegasWinners and The Longshot Report provide sports betting enthusiasts with high quality content, analysis, research, data, and guidance for popular betting sports announced today that its tremendous start to the College and NFL Football season continues with month to month revenue increase of over 58% comparing September 2022 to August 2022. Revenues are projected to continue to increase when comparing October 2022 to September 2022. The metrics for the customer acquisition funnel ad campaigns are substantially increasing our database of sports gamblers ("Subscribers") materially increasing subscription and referral-based income for both subsidiaries.

Month-to-month revenue increased over 58% in September compared to August. New and renewing subscribers continued to increase due to new innovative marketing campaigns and providing high quality content, analysis, research, data, guidance as well as other positive factors.

Brian Foy, CMO of Winners Inc. stated "We now have three sources bringing in revenue daily- our two subscription funnels and our website that offers one-off products. It is great to see sales come in from all three different revenue streams, and it will enable us to cross-promote products through our 17K database of leads we have generated through our marketing. Our two-month-old Vegas Winners funnel has confirmed the proof of concept. I couldn't be more excited to ramp up ad spend for the rest of the year, enabling us to acquire new subscribers to close out the year and build momentum for 2023."

VegasWinners is a licensed sports gambling affiliate that intends to drive traffic to gaming operators for commission. VegasWinners is currently licensed in several states and has made application in additional states. It is the intent of VegasWinners to get licensed in all states that allow online sports gambling. To date, online sports gambling has been legalized in Nevada, New Jersey, West Virginia, Pennsylvania, Rhode Island, Iowa, Oregon, Indiana, New Hampshire, Michigan, Colorado and Washington DC.

The global sports betting market size was valued at USD $76.75 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030 as reported by Grandview Research. Factors such as the penetration of connected devices, changing regulatory landscape of the overall gambling industry, and growing digital infrastructure are fueling the demand for sports betting. The online segment accounted for the largest revenue share of over 50.0% in 2020 and is anticipated to maintain its lead over the forecast period. The anticipated growth can be credited to the increasing use of smartphones and the internet worldwide. Technological development and digitalization have impacted the lifestyle of the global population. Codependent factors are financial growth, improvement in the standard of living, and an increase in disposable income.

ABOUT WINNERS, INC.
Winners, Inc. through its subsidiaries are engaged in the business of sports gambling research, data, advice, analysis and predictions utilizing all available media, advertising formats and its database of users. Revenues are expected to accelerate due to the explosion of sports handicapping arising from the 2018 Supreme Court decision that States have the right to approve sports gambling and the resulting State by State rapid approval of sports gambling. Its Subsidiaries: VegasWinners is a registered sports gambling affiliate that intends to drive traffic to gaming operators for commission. 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 made application in several additional states; The LongShot Report is a rapidly growing internet/online subscription-based company that gives advice on sports picks for fantasy and sports betting including but not limited to football, basketball, baseball, hockey and golf with an online platform and mobile app available for download at the App Store and Play Store. For more information, please visit the websites at VegasWinners and The Longshot Report and Social Media on Twitter at @vegaswinnersinc.

SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, 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 to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

FOR MORE INFORMATION, PLEASE CONTACT:

Brian Foy, Chief Marketing Officer
Brian@winnersinc.us

SOURCE: Winners, Inc.

View source version on accesswire.com:
https://www.accesswire.com/719825/Winners-Inc-Report-Month-to-Month-Revenue-Increase-of-over-58

FAQ

What is the revenue growth percentage for Winners, Inc. in September 2022?

Winners, Inc. reported a revenue increase of over 58% in September 2022 compared to August 2022.

How is Winners, Inc. expanding its customer base?

Winners, Inc. is expanding its customer base through innovative marketing campaigns and by increasing their database of sports gamblers.

What are the main revenue sources for Winners, Inc.?

Winners, Inc. generates revenue from two subscription funnels and a website offering one-off products.

Which states is VegasWinners licensed to operate in?

VegasWinners is licensed in states including West Virginia, Indiana, Colorado, New Jersey, Tennessee, and Pennsylvania, with applications pending in additional states.

What is the projected growth of the global sports betting market?

The global sports betting market is projected to grow at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030.