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Winners, Inc. Acquires "The Longshot Report" With Over 15,000 Active Subscribers in Their Sports Handicapping Service as Part of Its NEW Roll Up Strategy

Tuesday, 09 August 2022 07:00 AM

Winners, Inc.

LAS VEGAS, NV / ACCESSWIRE / August 9, 2022 / Winners, Inc. (OTC PINK:WNRS) through its subsidiary VegasWinners provides sports betting enthusiasts with high quality content, analysis, research, data, and guidance for popular betting sports announced today it has acquired Golf Longshots, LLC., known as The Longshot Report, a rapidly growing internet/online subscription-based company that gives weekly 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. This acquisition is the first of hopefully many for Winners, Inc.'s new Roll-Up strategy. A roll up strategy is the process of acquiring and merging multiple smaller companies in the same industry and consolidating them into a large company. Combining small firms into a larger company allows the latter to pool their resources, cut down on operational costs, and increase revenues.

Winners, Inc., Monday, August 8, 2022, Press release picture

The Longshot Report, founded in 2019 has seen dramatic Annual Revenue growth since inception with over 15,000 active subscribers, digital infrastructure, web platform, mobile app, payment processing center, developed App available for download in the App Store and Play Store and a guide to "Beating the Sports Betting Market" available on its website.

Brian Foy, The Longshot Report CEO stated "The Longshot Report is excited to start working with the team at Winners, Inc. It is a perfect fit, and I look forward to participating in the aggressive growth plans and shared services and strategies. The overall objective intrigued me during our initial discussions during the acquisition process. We have already started implementing our short-term ramp-up and long-term sustainable growth strategy."

Wayne Allyn Root, Winners, Inc. CEO stated "Winners Inc. is excited to add The Longshot Report to our company. This is the first of our new roll-up acquisition strategy. Longshot serves three valuable purposes for Winners, Inc. First, bring proven success for selling handicapping advice. There are now millions of new sports bettors in the United States as a result of the legalization of sports gaming across the country. A large percentage of them need our professional advice. Second, bring proven revenues and profits. Third, bring a database of over 15,000 active subscribers with two revenue streams - sports handicapping picks and referrals to legal, licensed sportsbook partners across the USA. Sportsbooks pay an affiliate fee for each client that signs up. We intend for this to be the model for our Winners, Inc. business model moving forward. We intend for this to be the first of many acquisitions of our new roll-up acquisition strategy."

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.

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.

ABOUT WINNERS, INC.
Winners, Inc. (OTC PINK:WNRS) through its operating subsidiary VegasWinners 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. 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. For more information, please visit website, Twitter, Facebook and Instagram.

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 MEDIA INQUIRIES, PLEASE CONTACT:
Tom Terwilliger
954-908-3366
[email protected]

SOURCE: Winners, Inc.

Topic:
Mergers and Acquisitions
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