Research analysts covering VIP Play.
Recent press releases and 8-K filings for VIPZ.
VIP Play Announces Entry into Daily Fantasy Sports Market
VIPZ
New Projects/Investments
Product Launch
Guidance Update
- VIP Play, Inc. (VIPZ) announced its strategic entry into the Daily Fantasy Sports (DFS) market on January 8, 2026, aiming to capitalize on a segment valued between $10 billion and $13 billion annually with an estimated 15 to 25 million adult participants in the United States.
- The company projects its DFS platform to generate $120,000 to $200,000 in monthly revenue from an anticipated 8,000 to 12,000 active users once fully operational.
- VIP Play plans to leverage its existing infrastructure and customer relationships, including cross-selling DFS offerings to its established sportsbook customer base, to accelerate market penetration.
Jan 8, 2026, 12:00 PM
VIP Play, Inc. Expands into Skill-Based Gaming Market
VIPZ
New Projects/Investments
Revenue Acceleration/Inflection
- VIP Play, Inc. announced its strategic expansion into the Skill-Based Gaming market on January 6, 2026.
- This market is estimated to be a $9-11 billion industry segment with a total addressable market of 10-20 million adults.
- The business model is projected to deliver high-margin, non-seasonal revenue streams, with rake rates ranging from 8-20% and a monthly revenue potential of $150,000-$250,000 based on approximately 10,000 active players.
- A key competitive advantage is nationwide accessibility without the regulatory burden of sportsbook licensing requirements, which enables rapid market expansion.
Jan 6, 2026, 7:00 PM
VIP Play, Inc. Reports Operational Turnaround and Performance Improvement
VIPZ
Revenue Acceleration/Inflection
- VIP Play, Inc. (OTCQB: VIPZ) announced a comprehensive operational turnaround, achieving three consecutive months of positive Gross Gaming Revenue (GGR).
- The company reported a 93% reduction in sharp wagering activity and an overall performance improvement of more than 150% across key metrics.
- This turnaround also involved reducing marketing expenses while simultaneously increasing revenue, which strengthened the company's unit economics.
Dec 18, 2025, 2:15 PM
VIP Play, Inc. Amends Convertible Note Agreements and Secures Additional Loan
VIPZ
Debt Issuance
Convertible Preferred Issuance
- VIP Play, Inc. (VIPZ) executed Second Amendments to Convertible Note Purchase Agreements with Dennis Colletti, The Access Fund I, LP, and Rick Hackel, effective in late August and early September 2025.
- These amendments extended the maturity dates of the convertible notes, with the Colletti Note now due on October 1, 2025, and the Hackel and Access Notes due on August 31, 2026.
- The "Conversion Price" for these notes was redefined as the lower of $0.60 or 80% of the lowest price per share of common stock sold by the company in the twelve months prior to the Maturity Date.
- Additionally, Rick Hackel provided an additional loan of up to $100,000 to VIP Play, Inc., secured by a second convertible promissory note maturing on August 31, 2026.
Sep 12, 2025, 8:24 PM
VIP Play, Inc. Updates Convertible Revolving Line of Credit Details
VIPZ
Debt Issuance
- VIP Play, Inc. entered into a First Amended and Restated Discretionary Convertible Revolving Line Of Credit Demand Note with Excel Family Partners, LLLP on March 31, 2025, for a principal amount not exceeding $14,000,000. Excel Family Partners, LLLP is controlled by Mr. Bruce Cassidy, the company's Secretary and sole board member.
- The Note is not a committed line of credit, and loans are made at Excel's sole discretion.
- As of the Note's inception on March 31, 2025, the outstanding principal balance was $12,097,000.
- The company borrowed an additional $824,665 in four separate draws between August 1, 2025, and August 20, 2025.
- As of August 25, 2025, the aggregate outstanding principal balance under the Note is $17,290,665. The Note accrues interest at a fixed rate of 12.0% per annum and is due and payable upon demand. Excel also has the option to convert the debt into common stock.
Aug 27, 2025, 12:00 AM
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