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Seminoles score new victory in legal fight over Florida sports betting, clearing path for potential re-launch
YOGONET INTERNATIONAL
LEGAL NEWS
APPEALS COURT DENIES REHEARING
Seminoles score new victory in legal fight over Florida sports betting, clearing path for potential re-launch
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2023-09-13United States Reading time 2:55 min
The Seminole Tribe of Florida scored another victory in its legal fight over offering sports betting in the Sunshine State. On Monday, a federal appeals court denied a request from pari-mutuel owners for a rehearing after a ruling that upheld a multibillion-dollar deal giving the tribe control over sports wagering throughout the state, which could clear the path for Hard Rock Bet to launch in Florida soon.
As per the appellate court rules, this decision becomes effective eight days after being handed down, making September 19 the earliest launch date for Hard Rock Bet's sports betting platform.
The tribe has been eagerly awaiting the opportunity to relaunch in its home state since it went live briefly in 2021. Hard Rock's sports betting platform was live for just over a month before being forced to shut it down due to a court order. (.....)
Winners (WNRS) Plans Further Expansion & Cancels 1 for 20 Reverse Split:
https://newsdirect.com/news/winners-wnrs-plans-further-expansion-and-cancels-1-for-20-reverse-split-484973918?category=Lifestyle
Charts look extremely bullish short term, could see it 100% next month especially if we get some type of good news!
I cannot understand the reason for the R/S, WNRS is a company that is not diluting in any way, it only has 120 million FLOAT, it capitalizes only €200,000
Do you want to go public on the NASDAQ or a higher market?
WNRS is in a very good position within the sports betting sector, the directors and CEOs are great businessmen, I don't think they want to commit a scam to screw over the few remaining shareholders
https://www.otcmarkets.com/stock/WNRS/security
I hope something big is brewing in WNRS, it's one of my best bets ;)
No changes to the updated SS.
Winners Partner “Horse Races Now” App updated in the Apple App Store and Google Play Store allowing its Users to “Bet Now” with VegasWinners Sportsbook Affiliate Partners
Winners, Inc. (OTC: WNRS), through its operating subsidiaries provide sports betting enthusiasts with high quality content, analysis, research, data, and guidance for popular betting sports. Winners announced today that pursuant to its subsidiary VegasWinners Revenue Share agreement previously announced on April 12th 2023 with Horse Races Now, a leading entity in the horse racing industry, and Next Play Digital, a leading digital marketing agency with expertise in marketing, content, and optimization for the competitive sports betting and gaming sectors, is now live with multiple revenue streams.
There are several layers to the Revenue Share Agreement between the parties. First, VegasWinners has affiliate marketing partnerships with many of the largest legal licensed sports books in America and is licensed in many of the States which have legalized online sports betting. Secondly, Horse Races Now has a database of over 380,000 users in jurisdictions where sports wagering is legal and regulated through licensed sports books. Horse Races Now’s 380,000 users can now place wagers with VegasWinners's sportsbook partners.
At the same time, Horse Races Now users can now wager on horse races from either the App Store for iPhone Users or the Play Store for Android Users.
Starting this September with the 2023 football season, VegasWinners will be able to offer their football handicapping paid advice and information to the 380,000-player database of Horse Races Now. And if those bettors sign up with VegasWinners sportsbook affiliate partners, VegasWinners will be paid again by the sportsbooks and share that revenue stream with Horse Races Now.
The agreement with Horse Races Now and Next Play Digital allows VegasWinners to expand into the multi-billion-dollar handicapping industry as an affiliate sports book and receive referral fees to licensed sports books. The global horse racing market size was valued at US$300 billion in 2019 and is expected to grow significantly over the next decade. Analysts have been monitoring the horse and sports betting market and it is poised to grow by US$139.52 billion during 2020-2024 progressing at a CAGR of 9% during the forecast period.
Horse Races Now users can now wager on horse races from either the App Store for iPhone Users or the Play Store for Android Users
Horse Races Now users can now wager on horse races from either the App Store for iPhone Users or the Play Store for Android Users
Kenny McPeek, CEO of Horse Races Now, stated, “Horse Races Now is excited about this latest update and agreement with Winners and Next Play Digital. The latest version of Horse Races Now gives horse racing fans in states where ADW wagering is legal a way to bet on and watch horse racing.”
Wayne Allyn Root, CEO of Winners Inc., stated, "To use horseracing terminology, this deal is like "The Triple Crown" for both VegasWinners and Horse Races Now. They gain access to our sportsbook affiliate partners. We gain access to their 380,000-person horse racing bettor database. We both receive affiliate fees from every sport and horse player that opens accounts with our sportsbook partners. Everyone wins with multiple revenue streams."
ABOUT HORSE RACES NOW, INC.
Horse Races Now, a free horse racing app for both serious and casual horse racing fans, provides a full complement of global racing feeds, race replays, current news and handicapping tools that allows the user to follow their favorites and gives users the option for push notification reminders. Horse Races Now will engage their more than 380,000 users in digital marketing of legal and regulated sportsbook services to persons that are in jurisdictions where sports wagering is legal and regulated by Winners, Inc. who shall act as, collect affiliate fees for and establish new sportsbook accounts. Horse Races Now is available in the App Store as well as the Google Play Store.
https://finance.yahoo.com/news/winners-partner-horse-races-now-130000256.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJ6D4dILCIGXU0CurwUV0ixEQtVIxlVNS4eo_GiR8JUHkuxOTH7GRzfvEyuWyWF9ZCg_T1VXilj4H1U9vJMNHqfuqJM8wvpEyXrBWPIjP3gQlO9_QyChGOgzayUvs_EILuSThm_icW2QLbQpotwmOOtq_m_1Taf0EvCtNBjYJcGx
Verified Profile IconVerified Profile 05/2023 :
Market Cap Market Cap 645,812 05/12/2023
https://www.otcmarkets.com/stock/WNRS/security
$WNRS should be trading x10 at least at 0.0300... we'll see in the next few weeks if there's any big catalyst
Restricted shares increased by 1 million.
Five Years After The Sports Betting Ban Is Lifted, Americans Have Come Around to The Idea
Five years ago, in May of 2018, The Supreme Court lifted the federal ban on sports betting by repealing PASPA — also known as the Professional and Amateur Sports Protection Act.
Since doing so, 33 states and Washington D.C. have legalized sports betting along with four others having legalized but not yet launching. As sports betting legislation continues to proliferate, a large majority of US citizens say they are in favor of its expansion.
85% Say ‘Yes’ To PAPSA-Repeal
The American Gaming Association (AGA) conducted research to commemorate the five-year mark of legal sports betting, and their findings showed huge industry growth compared to their one-year report. They interviewed 1,066 American adults (21+) and 1,005 people who have placed a sports bet in the last 12 months.
According to their research, 85% of American adults agree with the decision to overturn PAPSA in 2018. This is up over 20% from 2019’s report which showed only 63% agreed. 77% of respondents support legalization in their state, specifically.
Others, namely those who aren’t sports and/or gambling fans, are unsure of the legal status of sports betting in their state – 29% of American adults, to be exact. In 2019, 74% of American adults were unsure of the legality of sports betting in their state, reflecting a 45% decrease (or increase in awareness), according to AGA.
As a result, Americans have legally wagered $220 billion since PAPSA was overturned in May 2018. This has generated $3 billion in state and local taxes which fund various programs from education, healthcare, responsible gambling, and more.
The 12-figure number is especially impressive when you consider that the three biggest states (by population number) – California, Texas, and Florida – don’t have legal sports betting markets, despite being home to almost 50 professional sports teams, combined. Were any of them to legalize, there’s no telling how big this number could get.
Regulated Markets: The Rise And Fall
Because of the massive growth of the industry over the last five years, it’s not surprising that the number of people using unregulated, offshore sportsbooks have decreased dramatically. Since 2019, the number of online sports bets placed through regulated operators has increased by 33%. The share of bettors who wager through regulated operators has increased to 78% as well.
While this trends in the right direction in terms of responsible gambling practices, there is still consumer confusion. According to the study, 70% of the bettors who placed bets with illegal operators thought they were betting with a legal operator at least half the time.
According to AGA’s survey which asked consumers what makes them think an illegal sportsbook is regulated, the following were the top reasons:
The online sportsbook is affiliated with a casino in the U.S.
The operator provides a statement that says sports bets placed at their online sportsbook are legal.
The site or its betting lines are mentioned in the media.
Responsible Gambling Awareness Growing Alongside The Industry
Considering the above confusion, the AGA and its partners are putting consumer protection at the forefront of their efforts.
“Five years post-PASPA, the AGA and our members continue to support responsibly expanding the legal market while cracking down on predatory illegal operators,” said AGA President and CEO Bill Miller. “The regulated industry and our partners across the entire ecosystem—policymakers, law enforcement, regulators, leagues, media, technology providers and more—have made significant strides in our collaborative consumer education efforts since 2018, and we will continue to find new ways to enhance consumer protections as the market matures.”
This coincides with a larger industry-wide initiative that includes efforts from several states to thwart misleading advertising in the business. Ohio’s launch in January created a larger conversation when lawmakers prohibited operators from using terms such as “free” and
“risk-free” in their marketing materials. The Ohio Casino Control Commission dished out hundreds of thousands of dollars worth of fines to those who didn’t comply. Massachusetts followed suit when they launched shortly after, enforcing similar restrictions. Now, several operators are banning the term themselves, across all states which they operate in.
And just a few weeks ago, the NFL suspended five different players for sports betting violations – a moment of condemnation despite professional sports leagues’ growing support for the sports betting industry.
https://www.lineups.com/betting/majority-of-americans-against-federal-sports-betting-ban/
Restricted shares increased by 1 million.
