Sports betting advisory company Winners Inc (OTCMKTS:WNRS) was in considerable focus among investors on Wednesday and had ended up with gains of as much as 11% for the day. The company works through its subsidiary units The Longshot Report and VegasWinners and is involved in providing analysis, research, data and content that helps sports bettors in making educated choices.
Trading Data
On Wednesday, WNRS stock rose 11.11% to $0.0050 with more than 523.58K shares, compared to its average volume of 731.57K shares. The stock moved within a range of $0.0046 – 0.0052 after opening trade at $0.0047.
Winners, Inc. Subsidiaries Continue the Tremendous Start to the College and NFL Football Season with an Over 50% Uptick in Revenue from Last Month
Yesterday, Winners announced that it had had a strong start to the NFL and College football season. The company announced that initial metrics with regards to the customer acquisition aspect of its ad campaigns has shown that the database of sports gamblers went up substantially.
Due to the rise in the database of sports gambles, the company could see a rise in subscriptions and also lead to higher referral related income for both its subsidiary units. Winners announced that in the first 20 days of the month of September, it had managed to generate a 50% higher rise in revenues when compared to the first 20 days of the previous month.
The VegasWinners website has managed to attract thousands of new visitors and impressions on a daily basis. Moreover, hundreds of leads have also been turned into paid subcriptions.
Key Quote
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.”
Technical Data
WNRS stock is trading below the 20-Day and 50-Day Moving averages of $0.0052 and $0.0062 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0118.
