secwatch.observer — SEC 8-K summary
======================================

Issuer:     VIP Play, Inc. (VIPZ)
CIK:        0001832161
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0001493152-24-050294
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VIP Play signs online gaming pact with Wheeling Island for West Virginia market
-------------------------------------------------------------------------------

- 10-year agreement dated Dec 9, 2024 gives VIP Play rights to offer poker, casino & sports wagering under Wheeling Island's license.
- Non-refundable fee payable in two equal installments: within 30 and 90 business days from signing.
- Revenue share based on net gaming revenue with a minimum annual guarantee payable quarterly.
- VIP Play must obtain service licenses from West Virginia Lottery Commission to launch operations.
- Agreement renewable unless material breach; Wheeling Island owns/operates Wheeling Island Hotel Casino Racetrack.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832161/000149315224050294/0001493152-24-050294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832161/000149315224050294/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050294

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer