Winners (WNRS) Hopes to Build on Recent Progress with Expansion of Services into the Multi-Billion $ Horse Racing Industry

Winners (WNRS) Hopes to Build on Recent Progress with Expansion of Services into the Multi-Billion $ Horse Racing Industry

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Winners, Inc. (OTC:

WNRS

) through its operating subsidiaries,
provides sports betting enthusiasts with high-quality content,
analysis, research, data, and guidance for popular betting sports,
announced today that it has agreed to terms with a leading entity in
the Horse Racing Industry for Winners’ expansion of its handicapping
services into this Multi-Billion Dollar industry.

Wayne Allyn Root,
CEO of Winners Inc., stated, “As I have mentioned before, we’re
aggressively executing our strategy for growth, and this exciting
development in negotiations holds great promise for our company. If
and when completed, this transaction will represent a significant
milestone among the many that are planned ahead and is expected to add
another growing revenue stream to our financial picture. I look
forward to bringing out further updates on our progress in the coming
weeks.”

The


Global
Horse Racing Market


size was valued at $ 300 billion in 2019
and is expected to grow significantly over the next decade. The
analysts have been monitoring the horse and sports betting market and
it is poised to grow by $ 139.52 billion during 2020-2024 progressing
at a CAGR of 9% during the forecast period.

With millions of
spectators worldwide, the horse racing industry has maintained its
popularity for centuries. Now a multi-billion-dollar market, this
sporting event shows no signs of slowing down. Horse racing is one of
the most widely attended spectator sports in the USA and the
second-most popular spectator sport in the UK, coming only behind
football. Approximately six million people attend the races each year
in Britain alone. Further afield, horse racing is very popular in
France, Australia, the USA, Canada, Hong Kong, and Malaysia, while in
Japan, fans are known to sleep in the queue for big events. Horse
racing is one of the most popular spectators’ sports attracting
millions of people each year.

Some of the key points from the


Horse
Racing Industry


include:

  • Total wagering handle topped $12.2 billion in
    2021, an 11.86% increase over 2020
  • U.S. purses exceeded $1.1
    billion, a 35.77% increase over the previous year
  • U.S. race
    days and total races jumped by more than 20% over last
    year
  • The average field size contracted from 7.94 to 7.37, a
    7.20% decrease
  • The average purses per race day increased by
    over 10% to just shy of $290,000

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;
Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas,
Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New
Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, Washington
DC, West Virginia, Wyoming & Ontario.

The global sports betting market accounted
for USD 83.65 billion in 2022 and is expected to expand at a compound
annual growth rate (CAGR) of 10.3% from 2023 to 2030 as reported by
Grand View Research. The demand for sports betting is driven by
factors such as the major shift in the regulatory landscape of the
global gambling sector, the penetration of connected devices, and the
developing digital infrastructure. The global sports sector has been
greatly influenced by the COVID-19 pandemic due to restrictions on
sporting activities across the globe. However, online sports betting
gained popularity during the pandemic due to an upsurge in eSports and
similar forms of betting. In addition, increased usage of smartphones
has led to the wide availability and accessibility of sports betting,
consequently propelling the global market. For instance, according to
a recent survey from Uplatform, a sports betting and casino operating
platform, mobile devices accounted for about 70% of online betting
revenue in 2020.


ABOUT WINNERS, INC.

Winners, Inc. (OTC: WNRS) through its subsidiaries
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. 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

VegasWinners

and The


LongShot Report


and on Social Media at

.


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.

SOURCE: Winners, Inc.


Contact
Details

Brian Foy, Chief Marketing Officer


Brian@winnersinc.us


Company
Website


https://vegaswinners.com/

Copyright (c) 2023 TheNewswire – All rights reserved.

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