WINNERS (OTCMKTS:WNRS) stock is moving up in the opening session on Monday after the news. The stock has seen solid buying activities over the past week with a jump of 22%.
Major Trigger:
WNRS – Winners Subsidiary VegasWINNERS Receives Sports Gaming Approval from the New Jersey Division of Gaming Enforcement, the Largest Sports Betting Market in America
Key Highlights:
- WINNERS announced they have received the company’s third sports gaming approval from The New Jersey Division of Gaming Enforcement as a Registered Vendor Sports Gaming Affiliate able to refer customers in New Jersey in return for commission payments.
- The New Jersey market has seen steady growth since its launch in June 2018. After recording more than $4.5 billion wagered in 2019 – the first full calendar year of legal betting – New Jersey finished 2020 as the largest sports betting market in America with over $6 billion in wagers placed surpassing Nevada by more than $1.5 billion in wagers placed. This is a full 28 percent of the entire annual US sports betting handle in one state. For further information, please visit https://www.sportsbettingdime.com/new-jersey/sports-betting-revenue/.
Key Quote:
“I’ve waited a long time to see this happen and New Jersey is a tremendous state to add legalized sports betting for their fans,” said Wayne Allyn Root, CEO of VegasWINNERS. “The momentum of states becoming legal is moving at a fast pace and by this time next year, I wouldn’t be surprised if you could make a wager in almost every city.”
Market Reactions
As of 10:57, WNRS stock gained by 7.74% at $0.080. Total volume so far stood at 3.26 million shares, compared to its average volume of 2.70 million shares. The stock moved within a range of $0.0755 – 0.0950 after opening at $0.0810.
 Extends Rally: Jumps 22% in a Week){kind=link}