NEW YORK, Nov. 15, 2018 /PRNewswire-PRWeb/ -- ShooWin, Inc., the online sports ticketing marketplace that gives fans the ability to purchase reservations for playoff or championship games, announced today that its trading market is now open for every postseason game available. Not only can fans purchase reservations on ShooWin, they can now resell those reservations in the marketplace to other fans.
While most ShooWin customers purchase reservations to be certain that when their team makes the big game they will be there and pay face value, some fans end up not being able to go to the game, while others want to buy and trade the reservations all season long. ShooWin's online trading marketplace allows users the ability to purchase reservations they believe will appreciate over the course of the season and then resell those reservations later on.
"We are seeing trading activity that exceeds our most optimistic expectations, and fans are leveraging our platform to generate profits by reselling their team-based reservations," says David Lane, CEO of ShooWin. "Prior to the season kicking off, reservations for premium seats for Michigan in the Big 10 Championship started at $25 and have recently been resold by fans for as high as $275. Reservations for the LA Dodgers in the World Series started the season at $55 and ultimately were selling as high as $370. Boston Red Sox World Series reservations started at $40 and some closed out at $262. The total cost of the ticket and the reservation was still almost 30% less than similar tickets on StubHub. Our customers are thrilled with the results they are seeing and the ability to capitalize on their insights as their teams win and lose throughout the season."
The growth of ShooWin's trading marketplace reinforces the company's value proposition to fans and rights holders. In the past year, ShooWin repositioned itself for massive growth, completed its largest capital raise, acquired an extensive portfolio of intellectual property, and launched its largest reservation marketplace with over 300,000 team reservations across U.S. professional and collegiate sports. ShooWin projects that its revenue for 2018 will increase 500% YoY.
About ShooWin. ShooWin is an online sports ticket marketplace that lets fans purchase and sell reservations for highly anticipated, contingent playoff and championship games, allowing fans to purchase tickets at face value. ShooWin offers tickets for sporting events like the Super Bowl, College Football Playoff National Championship, Stanley Cup, and NBA Finals. Fans choose the team, seating section, and the number of tickets. ShooWin collects the reservation fee and when the team makes the game, the fan receives the tickets at face value. ShooWin guarantees its partners that every ticket is purchased, shares the reservation revenue, and provides valuable fan data throughout the year.