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Tuesday, January 05, 2021 1:34:41 PM
LAS VEGAS, NV / ACCESSWIRE / January 5, 2021 / Winners, Inc. (OTC PINK:GOOOD) which provides sports betting enthusiasts with high-quality analysis, research, data, guidance and professional advice through its subsidiary VegasWINNERS, Inc., announced today that effective January 6th , 2021, the Company's ticker symbol on OTC Markets will change from "GOOOD" to "WNRS".
"Our ticker symbol change is aligned with our strategic evolution as a leading global sports betting advisor," stated Tom Terwilliger, CEO of Winners, Inc.
"We've come a long way, both operationally and financially since the VegasWINNERS acquisition this past summer and have positioned our rebranded company, Winners, Inc., at the forefront of the emerging global sports gambling industry," continued Mr. Terwilliger. "Our new ticker symbol marks the completion of this corporate transformation and will serve to further enhance our visibility in the market."
The sports betting market was valued at US $85.047 billion in 2019. The sports betting market is projected to witness dramatic growth based on expansion of legal sports gambling and the need of the governments of numerous U.S. states and foreign countries around the globe for more tax revenues.
The market is also poised to grow on account of the rising popularity of international sports events around the globe- such as NFL, NBA, NASCAR, UFC (mixed martial arts) and Soccer, as well as the rising commercialization of sports events- including sponsorships by gaming companies.
Historically, betting on sports was only legal in the State of Nevada and/or bets with bookmakers or offshore sportsbooks. In 2018, the United States Supreme Court decision allowing States to legalize sports betting changed everything, creating tremendous opportunity. Twenty-six states plus Washington DC. have already legalized wagering on sports and/or are pending taking bets in 2021, with 14 additional states under consideration this calendar year. See: https://www.actionnetwork.com/news/legal-sports-betting-united-states-projections#LegalAccepting.
All but five states have legislation pending to allow legal sports gambling.
https://www.otcmarkets.com/stock/GOOOD/news/story?e&id=1777812
MegaDeath, changed due to circumstances of COVID-19 pandemic.
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