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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
Contact Information:Mark Thomas
Chief Executive Officer
[email protected]
Original Source: KeyStar Corp. Receives Tennessee Sports Betting License
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Italia Yachts Announces New Line of Yachts at Miami Press Event
MIAMI, February 16, 2023 (Newswire.com) - Italia Yachts announced its new line of yachts at a press event held during the Miami International Boat Show, currently running through Feb. 19. Florida-based David Walters Yachts, the exclusive North American dealer of Italia Yachts, has the IY 43 Veloce available now.
Five years after starting management by the Vitulano family, the shipyard presents the first model of the new line as part of its five-year development plan. The announcement is happening just months before production begins at the new shipyard in Fano, central Italy, which is well-known for its highly skilled workers in the marine industry. The new facility is 45,000 sq ft and is dedicated to complete in-house production, from the resin infusion lamination of the hulls to the finished product ready for the sea.
"For the development and growth of the brand, it is necessary to have a multi-faceted and technologically advanced structure like the one we have today. We have already started building the IY 43 Veloce, and we are certain that, like all Italia Yachts models, she will be immediately recognizable for her unmistakable lines. I have committed myself to ensure that this yacht responds to our philosophy in its strengths: design, technological vision, sporty lines but always elegant and attentive to the environment," explains Daniele De Tullio, CEO of Italia Yachts.
The new Italia Yachts 43 Veloce is part of a rather crowded but exciting range. This large segment prompted Italia Yachts to make research a strong point for placing an innovative product on the market.
"We developed the model on a hybrid concept between a pure walkaround and a day cruiser, which is why the interior also has generous space and class-leading headroom. The lines, in general, mimic those of the well-established range of sailboats from Italia Yachts: Its recognition as the IY 43 Veloce is easily recognizable by lines of the hull, with the hull underlined by an unmistakable sheer line, by the long and wide hard top to give greater protection from the elements, from the opening terraces in the cockpit, usually available on larger boats, access to the water or to shore facilitated by the raising and lowering stern platform and two large sunbathing areas, one of which is modular in the cockpit. In the interior, with three different layouts, much importance has been given to the lighting, just as we do for sailing yachts to create an open and welcoming feeling. In contrast, internally and externally, the walkways have been given much attention throughout the boat to ensure that they are always comfortable and safe. Onboard it is important to move easily and safely," Sebastien Nolasco, General Manager of Italia Yachts, explained.
According to Fabio Pignatelli, Sales Manager of Italia Yachts, "Choosing to present the new IY 43 Veloce in Miami is because we think it is one of the most attractive markets for this design. Since the early stages of the project, the dual power plant option was envisaged to be in line with the Mediterranean, Middle Eastern, and American markets. The USA currently occupies around 28% of the Italia Yachts market, with significant growth projections in 2023 and 2024; therefore, they deserve special attention and recognition. For our part, we have structured a dedicated sales network, led in the Americas by David Walters Yachts, to ensure our owners have access to the appropriate skillsets in pre- and post-sales."
Erik Haaland, Sales Director of Italia Yachts USA and David Walters Yachts, added, "The launch of the IY 43 Veloce is the result of a collaboration between ourselves in the Americas and the Italia Yachts shipyard, creating a yacht that is truly able to be recognized and used in Europe and the U.S. The hull design, interior layouts, systems engineering, amenities, and the choice of Volvo IPS or Mercury outboard propulsion will cater to many of the needs of U.S. boaters. We are confident of the market response and prepared to serve all major yachting areas through our offices in Fort Lauderdale, Annapolis, Marina del Rey, Naples, Palm Beach, Newport, Portsmouth, and St Maarten in the Caribbean."
The design of the IY 43 Veloce has relied on several industry experts, including naval architectural firm Skyron Studio, which collaborated with the Italia Yachts Design Team, and Arbore & Partners for the interior design.
The official announcement of the launch of the IY 43 was held during a press event near the Miami International Boat Show. Interested parties may inquire for details by contacting [email protected].
Contact Information:Emanuela Di Mundo
Italia Yachts Marketing Manager
[email protected]
Erik Haaland
Italia Yachts USA and David Walters Yachts Sales Director
[email protected]
(410) 279-3027
Related Files
IY 43 veloce_ brochure_08022023.pdf
Original Source: Italia Yachts Announces New Line of Yachts at Miami Press Event
Fenix Launches TK20R UE: Tribute to the Classical Tactical Flashlight
