Yearly Archives: 2023
KeyStar Corp. Receives Tennessee Sports Betting License
MIAMI, May 25, 2023 (Newswire.com) - KeyStar Corp® (OTC: KEYR) has announced that it has officially received a sports betting license to begin operating its sports wagering platform, ZenSports, in the State of Tennessee. The go-live date for ZenSports in Tennessee is set for early June.
The Tennessee Sports Wagering Advisory Council unanimously approved the decision 7-0.
ZenSports' mobile platform offers a traditional sports book where customers can bet against the house, as well as a peer-to-peer sports betting marketplace. With ZenSports' peer-to-peer marketplace, customers can create their own bets with their own odds and terms. Peer-to-peer bets can be shared with friends or via the app's mobile two-sided marketplace, right from their phone.
For now, KeyStar Corp. submitted its current sports betting license application in Tennessee just for its traditional sports book, but will be submitting an application for its peer-to-peer sports betting marketplace soon, and hopes to have that approved for operations in Tennessee by later this year.
"We are beyond thrilled to be approved for our sports betting license in Tennessee," according to KeySar CEO Mark Thomas. "The Tennessee sports betting market is one of the top 10 in the country, and the Tennessee Sports Wagering Advisory Council has been an absolute pleasure to work with these past 3+ months during our application process. This is an exciting time for both KeyStar and the sports betting community in Tennessee."
Tennessee will be the first state that ZenSports goes live in. KeyStar expects to gain early market share with its simple-to-use platform, 24/7 customer support team, instant processing of withdrawals, and robust bonus structure that other sports books don't offer.
"Initially, ZenSports will be able to gain market share with our unique product and customer experience, along with our loyalty and rewards programs," said Thomas. "After potential approval of our peer-to-peer sports betting platform later in 2023, we expect those P2P features will continue to set ZenSports apart from our competitors, and provide a unique offering to sports betting consumers in Tennessee that gives them the ability to create their own bets."
Tennessee processed $392.7M in sports betting handle and generated over $45.5M in revenue in March 2023 alone, consistently ranking Tennessee in the top 10 out of 36 states with legalized sports betting.
ZenSports is available for download in the App Store (iOS) and the ZenSports website (Android).
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "seek," "believe," "estimate," "expect," "strategy," "likely," "may," "should" and similar references to future events or periods.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.
Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
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For press inquiries, please contact:
KeyStar Corp.
Mark Thomas
mark.thomas@keystarcorp.com
Contact Information:Mark Thomas
Chief Executive Officer
mark.thomas@keystarcorp.com
Original Source: KeyStar Corp. Receives Tennessee Sports Betting License
Space Tea Announces Blueberry BOOST in a New Line of Energy Drinks
LOS ANGELES, May 24, 2023 (Newswire.com) - Space Tea is excited to announce Blueberry BOOST, its first elevated caffeine-level mushroom energy drink, as the first flavor to be released in Space Tea's new high-caffeine line, BOOST. Comprised of iced tea and blueberry lemonade, Blueberry BOOST is brewed with yerba mate and boosted with 108 mg of caffeine, along with Space Tea's signature blend of non-psychoactive, functional Reishi and Lion's Mane mushrooms for enhanced uplifting energy, focus, mood-boosting properties and mental clarity.
"It is exciting to launch a brand-new product as we begin to expand our line of teas," Co-founder and CEO Gabriel Heymann said. "Space Tea is breaking into the world of energy drinks, launching our very first elevated caffeine mushroom energy drink. Already, Blueberry BOOST has become our top-sold flavor in Erewhon Markets, beating out our previous top-selling flavor, Golden Mango."
Space Tea is certified organic, non-GMO, gluten-free, and kosher, brewed with Reishi mushrooms and Lion's Mane mushrooms.
Space Tea is the world's first adaptogenic mushroom iced tea and lemonade beverage with six flavors—Original, Golden Mango, Summer Watermelon, Lemon Zero, Hibiscus Zero, and Matcha Zero—four of which have been made recently available at The Vitamin Shoppe locations nationwide.
According to tamimteas.com, functional mushrooms with Lion's Mane, Reishi, and Chaga have been used as natural remedies to soothe and heal the body for centuries, supporting digestion, energy, the immune system, mental clarity, mood, relaxation, and sleep. Adaptogens are herbs that can help the body's stress response systems and improve the ability to adapt and restore after stress exposure.
"Space Tea is full of high-quality ingredients used for centuries to promote focus and mental clarity," Heymann said. "We continue to expand our selection, enabling more people to experience the potential benefits of Reishi and Lion's Mane mushroom in an amazing-tasting beverage format. We are proud to lead the industry in this way."
To learn more about Space Tea, visit spacetea.com or Instagram at instagram.com/spacetea. Contact Space Tea via email at sales@spacetea.com.
About Space Tea
Space Tea is the world's first mushroom tea and lemonade featuring a refreshing and classic blend of iced tea and lemonade. Its mission is mental wellness through music, meditation, and mushrooms. Space Tea is brewed with functional, adaptogenic Reishi mushrooms and Lion's Mane mushrooms, which have been studied extensively for their effects on energy, focus, and memory. Check out Space Tea on Instagram at instagram.com/spacetea.
Contact Information:Maria Penaloza
maria.penaloza@newswire.com
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Original Source: Space Tea Announces Blueberry BOOST in a New Line of Energy Drinks