KeyStar Corp. Officially Submits Tennessee Sports Wagering License Application for ZenSports

MIAMI, February 10, 2023 (Newswire.com) - KeyStar Corp^® (OTC: KEYR) has announced the official submission of its sports wagering license application for ZenSports in the State of Tennessee.

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.

KeyStar hopes to be approved for both its traditional sports book and its peer-to-peer wagering features, pursuant to the Tennessee Sports Gaming Act and the Sports Wagering Advisory Council rules.

"Tennessee is the perfect first state for us to launch ZenSports in," according to KeyStar CEO Mark Thomas. "Tennessee has demonstrated significant technology innovation and is one of the fastest-growing states for sports wagering." 

Tennessee processed $440.4M in sports betting handle and generated over $49M in revenue in December 2022 alone, putting Tennessee once again in the top 10 sports betting markets in the US.

ZenSports is available for download in the App Store (iOS) and the ZenSports website (Android or Mobile Web). 

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.

Source: KeyStar Corp.