VIP Play, Inc. Targets Lucrative Skill-Based Gaming Market with Nationwide, License-Free Platform
LAS VEGAS – VIP Play, Inc. (OTCQB: VIPZ), an AI-driven sports entertainment and fan engagement company, is making a strategic pivot into the burgeoning skill-based gaming sector. This move is designed to tap into a substantial market opportunity, estimated at $9 billion to $11 billion, targeting a player base of 10 to 20 million adults. The company’s key differentiator will be its nationwide platform, which operates without the need for traditional sportsbook licenses, significantly reducing regulatory hurdles and accelerating market penetration.
The introduction of skill-based gaming represents a significant evolution in VIP Play’s product strategy. By combining competitive entertainment with a scalable, high-margin business model, the company aims to enhance player engagement and unlock new, consistent revenue streams. With projected rake rates ranging from 8% to 20%, and an estimated monthly revenue potential of $150,000 to $250,000 per 10,000 active players, this venture offers a compelling economic proposition. These non-seasonal, high-margin revenues are expected to complement VIP Play’s existing offerings.
A critical aspect of this expansion is the regulatory advantage. The skill-based gaming model circumvents the complex and costly licensing requirements inherent in traditional sports betting. This allows VIP Play to scale its operations efficiently across numerous jurisdictions, lowering barriers to entry and enabling rapid nationwide deployment.
“We are entering the skill-based gaming market at a pivotal moment, as consumer demand for immersive, competitive digital experiences continues to surge,” said Les Ottolenghi, Chief Executive Officer of VIP Play, Inc. “This category represents more than a new business line; it reflects where the future of interactive entertainment is headed. With favorable economics, broad addressable reach, and engagement that extends year-round, Skill-Based Gaming aligns seamlessly with our AI-first strategy and our commitment to redefining how fans connect with sports.”
VIP Play plans to leverage its robust technology infrastructure and established customer acquisition capabilities to drive rapid adoption. The skill-based gaming market is experiencing sustained growth, propelled by increased digital participation, a growing appetite for competitive gaming, and evolving regulatory frameworks that favor skill-based play. VIP Play’s expansion is strategically timed to capitalize on these trends, offering a differentiated, technology-forward product designed to capture a significant share in this high-engagement, high-margin category.
About VIP Play, Inc.
VIP Play, Inc. is an AI-first sports entertainment and fan engagement company focused on pioneering interactive sports experiences. By integrating artificial intelligence with mobile sports wagering, sweepstakes, and engaging fan features, VIP Play aims to create a dynamic community for sports enthusiasts. The company’s AI-driven approach emphasizes personalization, predictive insights, and social interactivity, ensuring secure, data-centric, and responsible fan experiences that adhere to high compliance standards.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, assumptions, and projections about the future of VIP Play, Inc. and its business operations. Forward-looking statements include, but are not limited to, statements regarding our expectations about the impact of artificial intelligence (AI) on our business model, market growth, revenue potential, technological advancements, product developments, and our strategies for expanding into new markets.
Words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “should,” “will,” “could,” “may,” and similar expressions identify forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. Such risks and uncertainties include, but are not limited to: the potential limitations or challenges associated with the deployment and scalability of AI technologies; evolving regulatory and compliance requirements related to AI and data privacy; competitive pressures in the rapidly evolving AI industry; market adoption and customer acceptance of AI-based products and solutions; technological risks, including cybersecurity threats, data breaches, or failures of AI systems; the ability to attract and retain talent with the necessary expertise in AI and machine learning; changes in economic conditions, customer preferences, and market demand; and other factors described in VIP Play, Inc. periodic filings with the U.S. Securities and Exchange Commission (SEC).
These forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Investors are cautioned not to place undue reliance on these forward-looking statements, which are not guarantees of future performance.
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