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.
________________________________________________________________________________
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
MeatEater Acquires Dave Smith Decoys
BOZEMAN, Mont., May 9, 2023 (Newswire.com) - MeatEater, Inc. announced today the acquisition of Dave Smith Decoys (DSD), an industry leader in ultra-realistic hunting decoys and gear. The move marks the company's newest strategic acquisition in high-performance outdoor products, following the company's acquisition of technical hunting apparel brand First Lite in 2019, FHF Gear in 2020, and Phelps Game Calls in 2021.
For more than two decades, DSD has brought the most realistic and effective decoys to market with an uncompromising commitment to realism, quality, and customer service. DSD specializes in creating turkey, waterfowl, and deer decoys that blend seamlessly into the wild spaces DSD's customers explore and hunt. From life-size, incredibly detailed, full-body whitetail deer to a full-spectrum of hen and gobbler turkey poses to nearly every species and subspecies of goose that's hunted around the world, DSD is known for creating poses and finishes that flat-out work in the field. MeatEater will aim to expand the company's offerings and bring its unique products to a larger customer base.
"We have a track record of bringing trusted brand partners into the MeatEater fold and helping them expand their products and reach," said MeatEater founder Steven Rinella. "I've been using DSD for a bunch of years. Their decoys are high-quality and look more realistic than anything on the market. When we had the chance to introduce even more people to this exceptional brand, we jumped at it."
"With our commitment to making ultra-effective decoys in mind, and our passion for conservation and ethical hunting, we would only agree to a partnership with a company who we feel we are aligned with in all these things. In MeatEater, we have found that partner," said Dave Smith, DSD founder.
"Maintaining the quality of our products is a top priority to all of us while simultaneously promoting hunting in a positive light to preserve our hunting heritage," added DSD co-owner Brad Cochran.
Under the leadership of Smith and DSD co-owners Cochran and Greg Hogan, DSD will continue to expand its line of premium "A.C.E. Decoys" in its Oregon-based plant as part of this new venture. "We have some great new products in the works and we're excited to work with the MeatEater team to bring these to market," said Greg Hogan, co-owner and manager of operations for DSD.
The acquisition of DSD follows last week's appointment of Jason Bergsman as CEO of MeatEater, Inc.
About MeatEater, Inc.
MeatEater, Inc. is an outdoor lifestyle media and commerce company founded by renowned writer, TV, and podcast personality Steven Rinella. With the belief that a deeper understanding of the natural world enriches all of our lives, MeatEater brings together the leading influencers in the categories of fishing, hunting, wild foods, and conservation to create premium content, experiences, apparel, and equipment. MeatEater is the parent company of First Lite, FHF Gear, Phelps Game Calls, and Dave Smith Decoys. MeatEater is based in Bozeman, Montana.
About Dave Smith Decoys
Dave Smith Decoys is a specialist in creating ultra-realistic turkey, waterfowl, and deer decoys and gear. Since the company's founding in 1999, the company has been on the forefront of pairing life-size and highly effective decoys with a commitment to top notch customer service. Dave Smith Decoys is a subsidiary of MeatEater, Inc. Dave Smith Decoys is based in Lebanon, Oregon.
Contact Information:Frank Schembari
Director of Media Relations
frank@javelindc.com
703-490-8845
Original Source: MeatEater Acquires Dave Smith Decoys
Foundation Wellness Announces Acquisition of CURREX
WADSWORTH, Ohio, May 9, 2023 (Newswire.com) - Foundation Wellness, the leading U.S. manufacturer of insoles and orthotics, has announced its acquisition of CURREX, a leading brand of insoles designed for athletes and active individuals. CURREX is the #1 brand in retail running stores across the U.S. and Germany. With the acquisition of CURREX, Foundation Wellness expands its product offerings and strengthens its position as a top provider of wellness solutions for individuals looking to live active and pain-free lives.
"We're thrilled to welcome CURREX and its leading brand of performance insoles to the Foundation Wellness family. CURREX has an impressive following of consumers who rely on their technically advanced insoles, and we believe that they are very complementary with our PowerStep #1 Podiatrist recommended insole line. With our shared passion for delivering exceptional products that improve the lives of consumers, we're confident that together, we'll continue to grow the CURREX brand in the U.S. and around the world," said Sean Williams, CEO of Foundation Wellness.
"Foundation Wellness is the perfect partner for CURREX, as they share our commitment to innovation, performance and customer satisfaction. We are confident that CURREX will continue to thrive with this partnership and are proud to have built the brand to where it is today," said Bjorn Gustafsson, CEO of CURREX.
About Foundation Wellness:
Foundation Wellness, based in Wadsworth, Ohio for nearly 90 years, offers wellness solutions and houses popular brands including PowerStep, Foot Petals, FLAT SOCKS, and Doctor Hoy's. PowerStep is the top orthotic insole recommended by Podiatrists, delivering proven pain relief and prevention. The company sells branded products to sports and specialty retailers, direct to consumers, and private label products to leading OEMs and distributors in foot care, orthopedic soft goods, safety, and military markets. For more information, visit https://www.foundationwellness.com.
About CURREX:
CURREX distributes high-performance insoles for athletes and active individuals, using innovative technology to tailor insoles to the user's specific needs. Founded in Hamburg, Germany in 2000, their products are trusted by professional athletes and coaches worldwide to improve performance, reduce injury risk, and enhance foot comfort. Visit their website at https://currex.us/ for more information.
Kayla Boyet
Vice President of Branded Marketing, Foundation Wellness
kboyet@foundationwellness.com
Original Source: Foundation Wellness Announces Acquisition of CURREX
