The sports betting industry is expected to grow in the coming years in the United States and one of the companies which you may consider tracking in light of such a situation is Winners Inc (OTCMKTS:WNRS).
Trading Data
On Tuesday, WNRS stock surged 28.26% to $0.0059 with more than 12.58 million shares, compared to its average volume of 626.50K shares. The stock moved within a range of $0.0046 – 0.0065 after opening trade at $0.0048.
Winners, Inc. Subsidiary VegasWinners Launches Facebook and Instagram Ad Campaign With the Start of the College and NFL Football Seasons
The Winners stock was in significant focus among investors and ended up with gains of as much as 28% amidst heavy interest. The company works through a range of subsidiaries and is mainly involved in providing bettors with guidance, content, research material, and analysis for betting success. Yesterday, the company announced that its subsidiary unit VegasWinners had launched its advertising campaign on both Instagram and Facebook.
The new advertising campaign is aimed at bringing in new gamblers so as to boost the database substantially and thereby boost the number of subscriptions as well. In addition to that, it could also lead to a rise in the referral-based income that is earned by the company as the NFL and College football seasons start.
The Chief Marketing Officer of Winners spoke about the development and noted that the ads had proven to be effective straightaway. Due to the new campaign, the company had already managed to bring in new leads.
Key Quote
Brian Foy, CMO of Winners, Inc. stated, “We’re extremely excited to launch VegasWinners. Since launching our ads on Facebook and Instagram, we’ve been getting fresh new leads every single day using our time-tested sales channel funnel that has been so successful with The Longshot Report. The major difference is, that now with VegasWinners, we are putting a big name and face behind our marketing efforts in Wayne Allyn Root. Great to see new subscribers entering our subscriber list as we enter the football season.”
Technical Data
WNRS stock is trading below the 20-Day and 50-Day Moving averages of $0.0060 and $0.0076 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0130.
