Winners Inc. (OTCMKTS:WNRS) announces on October 18, 2022, about its subsidiaries, VegasWinners and The Longshot Report, showing an improvement in gross revenues, by 19% as compared to the same period last month.
Trading Data
On Tuesday, WNRS stock slid 18.64% to $0.0041 with more than 260.90K shares, compared to its average volume of 710 shares. The stock moved within a range of $0.0041 – 0.0052 after opening trade at $0.0052.
Winners, Inc. Subsidiaries Gross Revenues up over 19% this Month as Compared to the Same Period Last Month
The metrics for the customer acquisition funnel ad campaigns have marvelously increased the database of sports gamblers, which has resulted in more subscriptions and higher referral-based income for both subsidiaries.
The brand new VegasWinners funnel has attracted thousands of impressions and visitors to the site daily, with hundreds of fresh leads turning into paid subscribers on a daily basis. The compound effect of the subscription model is working wonders, as weekly subscribers are renewing.
With Football now live, the daily ad spend is being increased too, as they get new committed leads under the $10 metric. These customers are turning into $99 to $140 monthly recurring customers that have historically stayed on during football season, with the average lifetime value of $400 per paid customer.
VegasWinners is a licensed sports gambling affiliate that intends to drive traffic to gaming operators for commission. As of now, it is licensed several states and has made application in additional states. It plans to get licensed in all states that allow online sports gambling. The global sports betting market size was valued at USD $76.75 billion in 2021 and its compound annual growth rate is expected to shoot up at 10.2% between 2022 and 2030.
Key Quote
Brian Foy CEO of Longshot Report and CMO of Winners Inc. stated “It is great to see a steady increase month over month with our 3 sources of revenue attributing to our overall growth. We are diversifying our product offering with a combined approach of daily picks plus weekly and monthly subscriptions. We are doing all of this as we plan to release an entirely new platform which is just weeks away, and another revenue stream although not 100% confirmed, it will be through sports books across the country. Things are looking up and each month will continue to increase revenues through our subscription-based model.”
