Winners, Inc. Subsidiaries Continue the Tremendous Start to the College and NFL Football Season with an Over 50% Uptick in Revenue from Last Month

Rhea-AI Summary

Winners, Inc. (OTC PINK:WNRS) reports significant growth in its sports betting subsidiaries, VegasWinners and The Longshot Report, following a strong start to the College and NFL Football season. In just the first 20 days of September 2022, revenue surged over 50% compared to the previous month. The company’s customer acquisition efforts are yielding substantial increases in paid subscribers, with a lifetime value of approximately $400 each. Winners, Inc. aims to expand its licensing in all states permitting online sports gambling, capitalizing on the growing market valued at $76.75 billion.

Positive

• Over 50% increase in revenue compared to the previous month.
• Growing database of subscribers with high lifetime value of $400.
• Successful marketing strategies driving traffic and registrations.
• Expansion plans for licensing in all states allowing online sports gambling.
• Global sports betting market anticipated to grow at a CAGR of 10.2%.

Negative

• None.

LAS VEGAS, NV / ACCESSWIRE / September 21, 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 the tremendous start to the College and NFL Football season continues. The early metrics for the customer acquisition funnel ad campaigns are substantially increasing our database of sports gamblers ("Subscribers") with the belief that this will materially increase subscription and referral-based income for both subsidiaries.

In the first twenty days of this month, we have seen an over 50% uptick in Revenue during the same period last month.

The NEW VegasWinners funnel is attracting thousands of impressions and visitors to the site daily and hundreds of fresh leads turning into paid subscribers daily. The compound effect of the subscription model has already started to take place, with weekly subscribers renewing! With Football now live, we are increasing our daily ad spend as we are getting new committed leads under $10 metric. These subscribers are turning into $99 to $140 monthly recurring subscribers that have historically stayed on during football season, with the average lifetime value of $400 per paid subscriber.

Wayne Allyn Root, CEO of Winners Inc. stated "We acquired Longshot Report because CEO Brian Foy has great digital marketing skills and has proven to be successful marketing on Facebook and Instagram. Now he is doing exactly that for VegasWinners and the results are growing numbers of registrations and revenues. This bodes well for our future success."

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 Grand View 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 websites at VegasWinners and The Longshot Report and Social Media on Twitter.

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/716827/Winners-Inc-Subsidiaries-Continue-the-Tremendous-Start-to-the-College-and-NFL-Football-Season-with-an-Over-50-Uptick-in-Revenue-from-Last-Month

FAQ

What recent revenue growth did Winners, Inc. (WNRS) report?

Winners, Inc. reported over a 50% increase in revenue for the first 20 days of September 2022 compared to the same period in August.

What is the expected lifetime value of a subscriber for Winners, Inc.?

The average lifetime value of a paid subscriber for Winners, Inc. is approximately $400.

Which subsidiaries are driving growth for Winners, Inc. (WNRS)?

The subsidiaries driving growth are VegasWinners and The Longshot Report.

What market growth is expected for the sports betting industry?

The global sports betting market, valued at $76.75 billion in 2021, is expected to grow at a CAGR of 10.2% from 2022 to 2030.

How is Winners, Inc. (WNRS) expanding its operations?

Winners, Inc. aims to obtain licensing in all states that permit online sports gambling, building on its existing licenses in several states.