VegasWinners
Online Sports Data and Analysis Business
Las Vegas, NV
Gaming
Sports
VegasWINNERS is an online sports data, information, analyses, advice, and prediction business founded by Wayne Allyn Root: one of the most famous faces and brand names of online sports betting. The sudden legalization of sports gambling means that a flood of new amateur bettors will be in need of advice, analyses, and data that Wayne is uniquely positioned to provide.
$204,482
raised
299
Investors
$6.38M
Valuation
$1.50
Price per Share
$297.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on July 27, 2020 and is no longer accepting investments.
Reasons to Invest
VegasWINNERS is positioned in the "Eye of the Storm" as sports gambling is about to explode
Wayne Allyn Root is the leader in the space, he's been called: “The King of Vegas Gambling,” “America’s Oddsmaker,” “The King of Sports Handicappers” and “The Face of Sports Gaming," by the media (CNBC)
By 2020 there will be 7M legal gamblers in the US - we only need capture a small percentage of the total to be profitable (CNBC)
From the "Betting Whizkid" at age 16 to becoming the "King of sports handicappers"
Wayne Allyn Root made headlines as early as 16 years old when he made 6X his money betting quarters and half-dollars in 1975 and successfully predicted an upset in the 1975 Super Bowl.
Root still has realized a nice chunk of money for a 16 year-old. In his first season of gridiron gambling, he won $48.20 and lost only $8 while betting quarters and half-dollars with his school friends.
VegasWINNERS aims to be the global leader in providing research, analyses, data and professional advice on the winning picks. VegasWINNERS' CEO, Wayne Allyn Root is already one of the most high-profile, awarded and trusted names in the sports gambling and advice/analysis industry.
With the fast-growing sports gambling business, VegasWINNERS is in the unique position to leverage Wayne's expertise, the media platform, and - now - great timing. The easiest way to explain this industry is to compare it to the stock advice/analysis industry on Wall Street. The Supreme Court's May 2018 decision legalizing sports gambling on a state by state basis made this into a new, modern version of Wall Street.
We believe millions of new amateur sports gamblers will need the advice, analysis, and guidance of a professional. By servicing the needs of millions of sports gamblers, Wayne Root and VegasWINNERS are looking to follow the model of the Merrill Lynch, Goldman Sachs or Charles Schwab in the sports gambling industry.
VegasWINNERS is in the eye of the hurricane with newly legalized sports gambling.
Legal betting is intimidating and confusing, with no major players providing help
Wagering on sports is a national pastime but except for the occasional friendly bet between friends and those willing to bet illegally, the number of active participants has been greatly limited. Even with biggest names like Disney, the NBA and Buffalo Wild Wings flocking to partner with sports gambling companies, there is still a lack of simple analysis, advice, and information to help the millions of new entrants into the market.
Now that has all changed.
We do the research so the 7M+ sports bettors don't have to
VegasWINNERS' mission is to provide sports fans, both major bettors and those just joining the betting landscape, the highest quality analysis, and handicapping advice. VegasWINNERS analyzes and predicts sports event winners for sports bettors and simply charges a fee for these services. By offering a broad range of services, from affordable handicaps to custom packages for large bettors-- we aim to be one-stop-shop for this massive new bettor market.
Building off of 30+ years of industry leadership
Wayne has been a leader in this industry for 30+ years- when it was legal in only one state (Nevada), and almost no major media would accept sports gambling-related advertisements. Known as the leading sports handicapper in the country by CNBC, he has managed to produce millions of dollars in sales annually.
Now VegasWINNERS has the opportunity to build off of that momentum, and provide millions of new amateur sports gamblers, with the information and professional advice they need.
As far as the Development stage, the VegasWINNERS website is live and operations will fully launch after raising the appropriate funds. Wayne conducted a small "test" in November and December of 2018 for the VegasWINNERS website. The site was well received, operated flawlessly and attracted thousands of viewers and hundreds of registered customers. The next step of the full launch includes increase spending on advertising to attract additional customers, making improvements to the website to enhance customer experience, introducing different levels of packages for purchase, and engaging third party collaborators on an as needed basis. The goal is to start advertising for VegasWINNERS in 2020.
Helmed by the "The Charles Schwab of the Weekend" - The Wall Street Journal
As interviewed and profiled by hundreds of media
A billion dollar industry with very few early movers
- Most every professional sports league is now capitalizing on the sports betting boom of 2019: NFL, NBA, NHL, MLB, NASCAR, PGA and UFC have all partnered with sports gambling companies.
- A report from the American Gaming Association and Nielsen project sports leagues could earn a total of $4.2B from legal betting.
- Fantasy Sports behemoths Draft Kings and Fan Duel have converted their billion-dollar companies into sports betting companies.
FOX invested $200M into sports gambling (source).
The potential for low overhead, 75% margins and millions of potential customers
Wayne has the proven ability to sell $100 daily packages to high-end players wagering thousands, even tens of thousands on a single event. The numbers and ability to scale with very little costs of goods could provide an exciting advantage over other competitors.
Based on our projections, it takes 100 customers purchasing the $100 daily package on the weekend to generate $10,000 per day, $20,000 per weekend. Now add in smaller, less expensive packages (ranging from $25 to $100) and weekday sales and that number could easily doubled to $40,000/week or $160,000 per month or more. And, since it is advice that we are selling our cost of goods is only the commission paid to the individual handicapper offering that advice, normally 25%, leaving a 75% gross margin.
Events to go big or go home
Several times a year, especially during peak sports periods like “The SuperBowl”, “College Football Playoffs”, “Final Four”, and “World Series” we plan to host special events in Las Vegas featuring our handicappers and other sports personalities that can be expected to draw hundreds, even thousands of sports bettors.
We already have the brand name - now it's time to expand
Leveraging its lean model to scale quickly, VegasWINNERS goal is to generate income from the advice it provides, and also in the value of the database it is accumulating. As the highly successful Internet companies have proven and exploited so well, this database will become a key part of our growth. From commissions on hotel rooms and shows to gambling or referral fees, our database will help us grow faster with previously untapped new revenue streams.
Experts in the field with decades of experience
As successful investors know “The key to success is the people.” As you will see, VegasWINNERS has assembled an outstanding management team with extensive experience and a winning track record in every aspect of the business. Joining Wayne, is Howard Lefkowitz, COO & Chief Technology Officer, Douglas Miller, CFO, Hollis Barnhart, General Manager and Andrew Paul, VP of Sales, Marketing & Affiliate Deals.
Together, they bring decades of experience in the sports gambling industry, leading fortune 500 companies and top management experience.
Billions of dollars are bet illegally on the Super Bowl and March Madness annually - now, it's legal
Media experts have estimated that $6 to $10 billion dollars have been bet each year on just two sports events- the Super Bowl and March Madness. All of that betting was done while sports gambling was illegal in 49 states. Now sports gamblers can bet LEGALLY in many states across the USA.
We have the personalities, brand name, and management experience to look to build a huge business in this rapidly growing, niche market.
You may have questions, we have answers!
How do investors get paid? And what is the exit strategy for investors?
There are a couple of different potential exit strategies that we believe are realistic options. First, each StartEngine investor will own shares of stock in VegasWINNERS, Inc., and as shareholders, may be eligible to receive dividends if the company generates income, the votes to declare them.
Second, the Company may look towards going public via IPO in the future.
A third possible exit strategy is the sale of the Company to a larger sports gaming, media, tech or database company where each Shareholder could receive a share of the proceeds derived from the sale.
What makes VegasWINNERS unique in this industry?
VegasWINNERS believes it is a leading company in providing professional research, analysis, data and professional advice to millions of sports bettors with a well-known brand name (Wayne Allyn Root), as its face, voice and “rainmaker”. In conducting its business, the Company operates much like a stockbroker.
Wayne Allyn Root has 30+ years of experience in this industry. We believe his past experience as the man the media dubbed “The King of Vegas Sports Gambling” and
“America’s Oddsmaker” gives the Company an immediate edge over the competition.
Personality, charisma and energy are “kings in the media.” In this area, the Company also believes it has a huge advantage over the competition with Wayne Allyn Root as its driving force.
The Company is confident the future of Vegas WINNERS is bright with its team of Wayne Root, as its face, voice and RAINMAKER, and Howard Lefkowitz, the tech visionary, who helped build Vegas.com into an industry leader producing revenues of hundreds of millions of dollars annually, as the COO/CTO.
Are there any new developments or announcements to make regarding VegasWINNERS?
Yes, the Company is adding a new Board member- none other than Phil Hellmuth, the Poker Hall of Famer. Phil Hellmuth is regarded by many experts as the greatest poker player in the world. He owns the all-time record for holding 15 World Championships of Poker bracelets (no one else in history has more than 10) and the world record for the most cash finishes at the World Series of Poker (WSOP) and most final tables.
At age 24, Phil Hellmuth became the youngest person to ever win the World Series of Poker Main Event. He won WSOP championships in 1989, 92, 93, 97, 01, 03, 06, 07, 12, 15 and 2018 with career winnings in excess of $23 million. In 2007, Phil was elected to the Poker Hall of Fame.
The Company believes Phil Hellmuth (along with Phil Gordon and Mike “the Mouth” Matusow, the other poker legends on the Company’s Board), will add major gambling and business insights to our decisions and strategy moving forward and bring instant celebrity, brand recognition, and major gambling fans to VegasWINNERS’ platform.
How fast is sports gambling expanding?
Sports gambling is expanding incredibly quickly! State governments are seeking new avenues to generate revenues and see the massive tax dollars that can be generated through sports gambling. Sports gambling is seen as literally “money in the bank” for states, which are moving quickly to legalize sports gambling.
Colorado voters approved sports gambling in November, in December 2019, Michigan became the 20th state (plus Washington DC) to legalize sports gambling when Michigan’s Governor signed the bill into law legalizing sports gambling. Michigan sportsbooks are racing to open for betting by March Madness.
In New Hampshire, in early January, the Governor placed the first sports bet in New Hampshire history to officially open New Hampshire for sports betting. In the first 24 hours over 6,000 residents registered to wager sports bets. See:
In California, 18 of California’s Native American tribes have agreed on an initiative for California’s ballot in November 2020 for voters to approve sports gambling.
In Illinois, where sports gambling has been approved, experts estimate there will be over 450,000 Illinois sports bettors ready to place legal bets. It is estimated that sports gambling revenues in Illinois will reach nearly $5.2 billion by 2023. See:
How important is Wayne Root to the viability of the company?
Although Wayne is very important to the Company, the Company has now obtained and will continue to obtain, the advice/predictions of many of the best, professional sports handicappers in the US. Eventually, the Company expects to offer the advice of 20 or more of the best sports betting experts in the United States. Wayne will be one of that group- although clearly with the highest-profile.
Offering Summary
Company | : | VegasWINNERS Inc. |
Corporate Address | : | 1930 Village Center Circle Suite 3-376, Las Vegas, NV 89134 |
Offering Minimum | : | $9,999.00 |
Offering Maximum | : | $1,069,999.50 |
Minimum Investment Amount(per investor) | : | $297.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 6,666 |
Maximum Number of Shares Offered | : | 713,333 |
Price per Share | : | $1.50 |
Pre-Money Valuation | : | $6,375,000.00 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below
Perks* and Investment Bonuses
Early Bird
First 7 days - 10% bonus shares
Next 7 days - 5% bonus shares
Volume
$300+
- $150 gift card at VegasWINNERS
- PLUS Shout out on the website by Wayne Allyn Root
$500+
- $350 gift card at VegasWINNERS
- PLUS Shout out on the website by Wayne Allyn Root
$1,000
- $750 giftcard at VegasWINNERS
- PLUS Shout out on website by Wayne Allyn Root
- Plus book "King of Vegas Guide to Gambling" signed by author Wayne Allyn Root
$2,500+
- $2,000 gift card at VegasWINNERS
- Plus book "King of Vegas Guide to Gambling" signed by author Wayne Allyn Root
$5,000+
- $4,000 gift card at VegasWINNERS
- Plus book "King of Vegas Guide to Gambling" signed by author Wayne Allyn Root
$10,000+ (5% bonus shares)
- $7,500 gift card
- 50% discount for life at VegasWINNERS
- Plus book "King of Vegas Guide to Gambling" signed by author Wayne Allyn Root
$25,000+ (10% bonus shares)
- $7,500 gift card + Rest of 2019/20 season free
- 75% discount for life
- Plus shoutout by Wayne Allyn Root on his national radio show
- Plus books "King of Vegas Guide to Gambling" and national bestseller "The Power of Relentless" both signed by author Wayne Allyn Root
$50,000 (15% bonus shares)
- Rest of 2019/20 season free + LIFETIME of products free at VegasWINNERS
- Plus shoutout by Wayne Allyn Root on his national TV show
- Plus books "King of Vegas Guide to Gambling" and national bestseller "The Power of Relentless" both signed by author Wayne Allyn Root
- Plus V.I.P. dinner in Las Vegas with Wayne Allyn Root
$100,000 (15% bonus shares)
- Rest of 2019/20 season free + LIFETIME of products free at VegasWINNERS
- Plus shoutout by Wayne Allyn Root on his national TV show
- Plus books "King of Vegas Guide to Gambling" and national bestseller "The Power of Relentless" both signed by author Wayne Allyn Root
- Plus V.I.P. dinner in Las Vegas with Wayne Allyn Root
- Plus Spend day with Wayne, including V.I.P. visit to set of Wayne's national TV and radio shows
*All perks are cumulative except the gift card value which is the one giftcard associated with the individual perk tier. All perks occur after the offering is completed.
The 10% Bonus for StartEngine Shareholders
VegasWINNERS Inc. will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 or made at least two investments in StartEngine's own offerings.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.50 / share, you will receive 110 common stock shares, meaning you'll own 110 shares for $150. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Any expense labeled “Administrative Expenses” not strictly for administrative purposes. Salary payments made to one’s self, a friend or relative.
Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$31,953.00
USD
$156,116.00
USD
Cash And Cash Equivalents
$860.00
USD
$134,719.00
USD
Accounts Receivable
$0.00
USD
$0.00
USD
Short Term Debt
$0.00
USD
$0.00
USD
Long Term Debt
$348,955.00
USD
$237,214.00
USD
Revenues And Sales
$17,200.00
USD
$11,877.00
USD
Costs Of Goods Sold
$0.00
USD
$0.00
USD
Taxes Paid
$0.00
USD
$0.00
USD
Net Income
-$143,503.00
USD
-$82,098.00
USD
Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
VegasWINNERS Inc. - Announcing Change of Majority Ownership
almost 2 years agoDear Investors,
Thank you so much for your participation in our campaign!
VegasWINNERS has recently reached an agreement with GoooGreen, Inc. resulting in a change of majority ownership. As a result of this transaction, we will be closing the current campaign and refunding pending investments.
For previous investors, we will provide additional information via email explaining what this means for existing shareholders.
We encourage you to stay involved with company updates which will be posted here, and thank you so much for helping us reach our goals.
WAR
Wayne Allyn Root, Founder & CEO
VegasWINNERS Inc.
Notice of Funds Disbursement
almost 2 years ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, VegasWinners has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VegasWinners be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
More Good News for VegasWINNERS. SportsGambling is Exploding on Main Street and Wall Street
almost 2 years agoTwo very nice reports from the media recently about the strength of sports gambling. FOX Business reports sports betting is surging as sports re-opens and more importantly, the Covid-19 pandemic will speed up the state legalization of sports gambling.
And Axios reports sports gambling company stocks are surging because of the exciting future for sports betting.
FOX Business says: Sports gambling SURGING:
https://video.foxbusiness.com/v/6168043513001/#sp=show-clips
And
Sports gambling stocks are flying:
https://www.axios.com/sports-betting-stocks-surging-coronavirus-240df7a2-e3ec-47cf-9560-0262c61a9a1b.html
Notice of Material Change in Offering
almost 2 years ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the VegasWinners offering. Here's an excerpt describing the specifics of the change:
Extended length of campaign.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
More Good News for Online Gambling Because of Pandemic
almost 2 years agoJust a quick update for the investors and potential investors of VegasWINNERS. We created this Company based on 2 things:
#1) The recent legalization of sports gambling by the US Supreme Court.
#2) The ease and rapid growth of online gaming.
We obviously never expected a global pandemic. But the reality is gambling may be changed forever. Brick and mortar/land based gambling may never recover. But there are always winners and losers. Online gaming is clearly the beneficiary. People can wager in the safety of their own home, on a computer screen or mobile phone. No germs, no disease, no contact with other humans, no touching money. Then sit home and watch the game- with your investment scoring a touchdown, or sacking the quarterback. No need to go to a casino...a bank...a betting shop...a horserace track...or sit in a stadium to watch the game. Consumers can make the bet at home and enjoy the game in their living room.
Well the latest proof is in. During this pandemic online poker revenues have exploded. See:
Online sports gaming will clearly do the same, as soon as games get started. The difference is anyone can play poker online without paying a fee for research, analysis and advice. But sports gambling...just like stock investing...demands a knowledge and feel for both sports and gambling trends. All the millions of sports gamblers and amateurs about to start betting billions of dollars online this Fall...in states with newly legalized sports gambling...will need professional help. VegasWINNERS was created to provide it. We're very excited that the dramatic explosion in online poker bodes well for our Company.
Meanwhile, the great state of Illinois is open for online sports gambling as of days ago. Anyone with a phone in the state of Illinois can now bet on sports events online. This one state alone could provide thousands of customers who need the advice of VegasWINNERS stable of professional sports betting experts. See:
Notice of Funds Disbursement
almost 2 years ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, VegasWinners has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VegasWinners be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
EXCITING NEWS FOR VEGASWINNERS INC.
almost 2 years agoSee a new Associated Press story in the Washington Post (below) and other newspapers across the USA, explaining how many states are now seriously considering, or in the process of passing legal sports gambling and also online sports gambling in response to Covid-19.
This is "the perfect storm" for our company VegasWINNERS. We are in both the sports gambling and online sports gambling business. The more states that approve sports gambling, the more potential customers and revenues for VegasWINNERS.
It's the "perfect storm" for two reasons:
A) States are broke and desperately need new tax revenues. Sports gambling is in a perfect position to provide those revenues.
B) Online sports gambling requires no human contact. A bettor makes his bet on his computer, or mobile phone. Money only changes hands electronically. They watch the game safely at home, on their TV, or computer, or mobile device. It is the ideal form of gambling in the age of Covid-19.
Because of all of this, the AP believes online sports gambling is about to expand much quicker than any experts expected. Politicians smell big tax revenues. Everyone wins.
We believe that few companies are more ideally positioned to capitalize on this massive expansion and legalization than VegasWINNERS.
As the Founder and CEO, this was precisely why I founded VegasWINNERS- to take advantage of state governments needing new tax revenues...combined with a new form of online gambling that makes it easy to place a sports bet safely and discreetly from the privacy of anyone's home, office or mobile device.
Covid-19 has dramatically sped the entire process up.
Read the story here:
Very Positive News About Gambling as Economy Re-Opens
about 2 years agoThe death of the US economy has been greatly exaggerated. At least as far as gambling is concerned. Early results show Americans are literally waiting in line to gamble their money. This is great news for any company in the sports gambling business. In Arizona, casinos opened up Friday morning and saw long lines before 9 AM too get in. See story below. Each casino in Phoenix area was jammed with customers by afternoon.
In Deadwood, South Dakota casinos re-opened last week and saw record business- up 15% to 20% over the same weekend a year ago. See story below:
Also, Nevada sports books report record betting on last weekend's UFC fights. One sports book opened up lines in the parking lot to open new accounts for sports bettors. The lines were jammed all day long, far above any expectations.
Americans are clearly itching to bet on anything.
By Fall, when NFL football returns, many experts expect record sports betting- just in time for the debut of VegasWINNERS advertising campaign aimed at the biggest sports television networks in America. VegasWINNERS have exclusive or semi-exclusive advertising contracts with five major sports TV networks starting in the Fall.
Notice to investors
about 2 years agoNotice to our investors: We will be unable to meet our April 29, 2020, annual report filing requirements for securities sold pursuant to Regulation CF as a result of inability for our team and accounting departments to work in the office. As such, we intend to rely on the temporary relief being provided by the Securities and Exchange Commission. We will continue to use our best efforts to comply with our ongoing reporting obligations.
Notice of Material Change in Offering
about 2 years ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the VegasWinners offering. Here's an excerpt describing the specifics of the change:
VegasWinners has extended their campaign and updated 2019 financials.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
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