VIP Play Inc (OTC: VIPZ) is an online gambling technology company that operates a mobile sports betting and interactive gaming application. Revenue is generated through sports wagering operations conducted via the VIP Play mobile app and website. The company is in early-stage operations, licensed for sports betting and i-gaming only in Tennessee and West Virginia as of the filing date (September 29, 2025), and describes its revenues as de minimis. The VIP Play app launched officially on May 12, 2025 in Tennessee, replacing the predecessor ZenSports brand, which was sunsetted on April 28, 2025. A Casino and Sportsbook Online Operations Agreement for West Virginia was signed December 10, 2024, and interim licensing was received March 31, 2025, though West Virginia operations had not commenced as of September 29, 2025. The company reported net losses of $18,881,931 and $30,385,693 for fiscal years ended June 30, 2025 and June 30, 2024, respectively, and disclosed going-concern uncertainty due to dependence on outside financing.

Revenue model

Transactional revenue from online sports wagering via the VIP Play app. The company describes revenues as de minimis as of the 10-K filed September 29, 2025, with no other disclosed revenue streams. Operations are currently confined to Tennessee, with West Virginia not yet generating revenue.

Products and services

VIP Play mobile application for sports betting, launched May 12, 2025. Interactive online gaming (i-gaming) services in West Virginia pending commencement of operations. The predecessor ZenSports app was sunsetted April 28, 2025. Technology is internally developed.

Customers and end markets

Retail sports bettors and online gaming users in licensed U.S. states. End market is regulated online gambling. No customer concentration data disclosed in the filing excerpts.

Value-chain role

Direct-to-consumer mobile app operator and technology developer. The company internally develops its platform technology and operates as an online sports betting and gaming platform without a physical storefront.

Geographic exposure

United States only. Licensed in Tennessee (sports betting, operational as of May 12, 2025) and West Virginia (i-gaming and sports wagering interim license received March 31, 2025, not yet operational as of September 29, 2025). Headquarters: Las Vegas, NV.

Source: SEC 10-K, filed 2025-09-29

Industry: Retail-Miscellaneous Retail Peers: Galaxy Gaming Inc Canterbury Park Holding Corp EBET, Inc. GAN Ltd Las Vegas Sands Corp Sports Entertainment Gaming Global Corp Table Trac Inc