Winners, Inc. Subsidiary VegasWINNERS Gets Sports Betting License From the State of Colorado Limited Gaming Control Commission

Rhea-AI Summary

Winners, Inc. (OTC PINK:WNRS) subsidiary VegasWINNERS has acquired a sports betting license from the State of Colorado, enhancing its position in a rapidly growing market. Colorado ranked as the sixth-largest sports betting market in the U.S., with revenue projections between $6 billion and $8 billion by 2024. The company is actively pursuing licenses in other states and recently launched a sports betting podcast featuring notable guests. This expansion reflects ongoing growth and interest in sports betting following legal changes.

Positive

• Acquired second sports betting license from Colorado, increasing operational capacity.
• Colorado's sports betting market projected to reach $6 billion to $8 billion by 2024.
• Plans to apply for licenses in every state where sports betting is legal, indicating expansion strategy.
• Launch of sports betting podcast 'Krush House' with high-profile guests like Pete Rose.

Negative

• None.

LAS VEGAS, NV / ACCESSWIRE / April 27, 2021 / Winners, Inc. (OTC PINK:WNRS) subsidiary VegasWINNERS Inc., which provides sports betting enthusiasts with high quality content, analysis, research, data, guidance and professional advice, announced today they have received the company's second sports betting license from the State of Colorado as a Sports Betting Affiliate able to refer customers in return for commission payments.

Colorado is already the nation's sixth-largest sports betting market with steady, sustained growth since its launch in May 2020. Through its first nine months, CO increased its monthly betting handle every month. According to a leading industry research firm VIXIO, the market is expected to reach between $6 billion and $8 billion in annual revenue by 2024.

"It's incredible to see so many states embracing sports betting and we're reaching out to each one to gain our license," said Wayne Allyn Root, CEO of VegasWINNERS. "Our Colorado license is a big deal, and the region has some of the most diehard sports fans around."

The company is in the process of filing for licenses in every state where sports betting is currently legal. VegasWINNERS recently announced the launch of their new sports betting podcast, Krush House and the first episode released last week with Pete Rose, Major League Baseball's all-time hits leaders as a special guest.

ABOUT WINNERS, INC.

Winners, Inc., through its subsidiary VegasWINNERS, Inc., is 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. For more information, please visit Winners, Inc. website at https://vegaswinners.com/ and on social media at https://twitter.com/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.

CONTACT:
Heather Krug
Heather Krug PR & Marketing
310-463-1415

SOURCE: Winners, Inc.

View source version on accesswire.com:
https://www.accesswire.com/642413/Winners-Inc-Subsidiary-VegasWINNERS-Gets-Sports-Betting-License-From-the-State-of-Colorado-Limited-Gaming-Control-Commission

FAQ

What is the significance of Winners, Inc. receiving a sports betting license in Colorado?

The license allows Winners, Inc.'s subsidiary VegasWINNERS to refer customers for commission payments, enhancing revenue opportunities.

What is the projected growth of the sports betting market in Colorado?

The Colorado sports betting market is expected to reach between $6 billion and $8 billion in annual revenue by 2024.

What are Winners, Inc.'s future plans regarding sports betting licenses?

Winners, Inc. intends to file for sports betting licenses in all states where it is currently legal.

Who was featured in the first episode of the new sports betting podcast launched by VegasWINNERS?

The first episode of the podcast 'Krush House' features Pete Rose, Major League Baseball's all-time hits leader.