VegasWINNERS (WNRS) Stock Consolidates After The Jump

Sports betting has arrived in the United States in a big way and investors who are currently looking for options could consider taking a look at Winner Inc, which is the parent company of VegasWINNERS Inc (OTCMKTS:WNRS).

The Winners Inc stock has been in the middle of a major rally over the course of the past month and has managed to clock gains of as much as 25% during the period. In this situation, it might be a good idea for investors to take a look at a major announcement from VegasWINNERS yesterday.

The company announced that the former MLP star, manager and coach Willie Randolph is going to be a part of the ‘Krush House’ crew. As a member of the crew, he is going to be interview by Wayne Allyn Root, who is the Chief Executive Officer of Winners Inc.

The chat is going to take place today and Randolph is going to talk about the current season in baseball and other aspects of the game. In recent times, VegasWINNERS has emerged as a consulting service for betting enthusiasts. In addition to content, it also provides data, betting advice and research among other services. Investors could consider keeping the Winners Inc stock in their watch lists at this point.

Market Reaction:

On Thursday, WNRS stock fell 2.60% to $0.0631 with more than 3.26 million shares, compared to  its average volume of 2.89 million shares. The stock has moved within a range of $0.0612 – 0.0700 after opening the trade at $0.0690. Over the past 52-week, the stock has been trading within a range of $0.0250 – 1.4100.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.