Trooperstocks
5 días hace
$LTRY News: Lottery.com To Increase Ownership Stake in Nook Holdings, UAE-Based Sports Incubator
Lottery.com Inc.
Wed, June 11, 2025 at 7:00 AM EDT
In This Article: LTRY
Lottery.com Inc.
DUBAI, United Arab Emirates, June 11, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, announces the signing of an amended Stock Purchase Agreement (“SPA”) for its planned acquisition of Nook Holdings Limited (“Nook”), a pioneering sports, health and wellness incubator based in Dubai, United Arab Emirates.
The acquisition, valued at approximately $2.5 million USD, is an all-cash deal, underscoring Lottery.com’s strategic commitment to global growth and innovation in sports and wellness. Upon completion, the Company will control ninety percent (90%) of Nook. The deal is expected to close on or before June 30, 2025.
Inside the Nook Co-Working Space (see below link)
https://www.globenewswire.com/NewsRoom/AttachmentNg/95fd0752-c86d-4af3-852f-a229f4c126dc
Founded by Ravi Bhusari, Nook has become a cornerstone of the UAE’s sports and wellness ecosystem. Over the past five years, it has fulfilled its ongoing mission to support startups and small businesses establish operations, obtain licenses, register for VAT and gain community support. Its exclusive partnership with Dubai’s DMCC Free Zone and its high-visibility location at One JLT have made it the go-to destination for sports entrepreneurs in the region.
Nook is located No. 1 JLT in Dubai (see below link)
https://www.globenewswire.com/NewsRoom/AttachmentNg/e0dc33ad-74ea-458f-a28b-deff17c7b2c7
Ravi Bhusari, Founder of Nook, commented:
“This will be a defining moment for Nook. We have worked hard over the past few years to build a space that truly serves the needs of the sports and wellness community. Partnering with Sports.com, a visionary brand with global ambitions, unlocks tremendous opportunities for our members”
Sports.com: A Global Launchpad for Sports Startups
Upon completion of the acquisition, the Company will operate segments of its international sports business from within the Nook premises at One JLT, transforming the space into a gateway for sports innovation, investment and integration. The site will continue to function as both a premium co-working space and a business incubator, connecting early-stage sports businesses with the broader Sports.com ecosystem.
Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com, stated:
“Nook is not just a workspace — it’s a thriving community of sports and wellness entrepreneurs. It aligns perfectly with our vision for Sports.com as a global platform for innovation and impact. With a successful track record of generating profitable revenue and a stellar reputation, it is the ideal location to continue the global presence of the Sports.com brand. We’re excited to work closely with the businesses already operating inside Nook and help them scale faster, smarter and embrace a global mindset.”
Mark Bircham, Director of Lottery.com and Head of Acquisitions at Sports.com, added:
“I’ve had the privilege of working closely with the Nook team over the past six months to bring this deal to completion. The quality of the businesses operating at Nook and the energy of the ecosystem they’ve built made it absolutely worth the wait. We are ready to roll up our sleeves and begin supporting these companies with everything Sports.com has to offer — from networking and licensing to potential investment and acquisition. This is just the beginning.”
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
This press release was published by a CLEAR® Verified individual.
CONTACT: For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
ProfitScout
2 semanas hace
Lottery.com Inc. to Present at Noble Capital Markets’ Emerging Growth Virtual Equity Conference
FORT WORTH, Texas, June 05, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY), a leading technology company transforming the intersection of gaming, sports and entertainment, announced that its Chairman and CEO, Matthew McGahan, will present at the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference on Thursday, June 5, 2025, at 1:30 PM Eastern Time.
The presentation will highlight Lottery.com’s recently completed corporate turnaround, the launch of its two new growth divisions — Lottery.com Domestic and International and Sports.com Media and Ventures — and its plans for accelerated growth following the effectiveness of its S-1 registration statement and the securing of a $100 million financing facility.
The formal presentation at the conference will be followed by a Q&A session moderated by a Noble Capital Markets analyst, with questions welcomed from the live virtual audience. Registered, qualified investors will also have the opportunity to schedule 1x1 meetings with Mr. McGahan following the presentation.
Attendees interested in viewing the live presentation can register for the event, at no cost, here: Noble Capital Markets and Lottery.com or https://rebrand.ly/lotterydotcom
A video webcast of the presentation will be available following the event on the Company’s website at ir.lottery.com, and as part of the full catalog of presentations on Channelchek (www.channelchek.com). The webcast will be archived on both sites for 90 days following the event.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
About Noble Capital Markets
Established in 1984, Noble Capital Markets is an SEC/FINRA-registered full-service investment bank and advisory firm with an award-winning research team and proprietary investor distribution platform. Noble provides middle-market expertise to entrepreneurs, corporations, financial sponsors, and investors, having raised billions of dollars and published more than 45,000 equity research reports over the past 40 years.
About Channelchek
Launched in 2018, Channelchek (www.channelchek.com) is an investor community dedicated exclusively to emerging growth companies. Channelchek offers free institutional-quality research, webcasts, and industry articles without a subscription and features more than 7,000 public emerging growth companies.
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
https://www.globenewswire.com/newsroom/ti?nf=OTQ2MzgzMCM2OTc2ODcyIzIyMDk2MzU=
https://ml.globenewswire.com/media/ZWNkOWYxYzgtNjI0Zi00YTAxLWJlYzItMjMxOTUxNzJlNTJmLTEyMjExODgtMjAyNS0wNi0wNS1lbg==/tiny/Lottery-com-Inc-.png
Source: Lottery.com Inc.
Trooperstocks
2 semanas hace
$LTRY NEWS: Lottery.com Inc. Launches Investigation into Short Selling Activities
June 3, 2025
FORT WORTH, Texas, June 03, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, announced today that it has commenced an investigation into potential short selling activities in its stock. The Company has engaged legal counsel from Paul Hastings LLP to conduct the investigation.
The Company believes that there may have been dissemination of false information relating to the Company with the objective of driving down its stock price and damaging its business. The Company also believes that it may have been the victim of illegal naked short selling in its stock.
Within the last six months, Lottery.com stock has been listed on Nasdaq’s Regulation SHO Threshold Security List sixteen times, which indicates a significant number of failures to deliver Lottery.com shares. During that time, SEC data shows a high level of failures to deliver, including over 1.12 million shares on February 10, 2025 alone. Large numbers of failures to deliver that persist over a long period of time may be indicative of naked short selling. Moreover, Lottery.com stock has continued to sustain high borrow rates, peaking at over 500%, suggesting an elevated level of demand to short the stock.
The Company will not tolerate the spreading of false information about the Company or the manipulation of its stock. It is prepared to take all actions necessary to report any suspected illegal activity to regulators and to bring actions against anyone that is engaging in illegal activity to safeguard shareholder interest and ensure market transparency.
This investigation builds on prior referrals already made by the Company to certain regulators including Nasdaq MarketWatch, the Securities and Exchange Commission and the Department of Justice.
No stockholder action is required at this time.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu, and WinTogether, is a unified ecosystem that integrates gaming, entertainment, and sports.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
This press release was published by a CLEAR® Verified individual.
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
https://ir.lottery.com/news-releases/news-release-details/lotterycom-inc-launches-investigation-short-selling-activities/
ProfitScout
2 semanas hace
$LTRY News: Success for Lottery.com and Sports.com in Detroit as Seb Murray Secures Career-Best INDY NXT Finish
DETROIT, June 02, 2025 (GLOBE NEWSWIRE) -- It was a weekend of milestones and resilience for Lottery.com Inc. (Nasdaq: LTRY, LTRYW) ("Lottery.com" or “the Company”) and Sports.com as their drivers took on the challenging Streets of Detroit in both the NTT INDYCAR SERIES and INDY NXT by Firestone.
Leading the charge was Scottish rising star Sebastian Murray, who delivered his best career finish in INDY NXT, securing an impressive P6 after a determined drive through the field. Having qualified strongly on the street circuit for the first time, Murray kept his composure during a chaotic start that eliminated several competitors, including his own teammate. Despite sustaining slight rear-end damage early in the race, Murray battled through, showcasing racecraft and resilience to claim his first-ever top-10 finish in the series.
“That’s a wrap on Detroit. Honestly, this has been a great weekend as a whole. P6 is a great finish for me and the team — our best so far. Massive thank you to everyone back home and the Andretti Cape guys. The car was strong all weekend,” Murray reflected. “It got pretty chaotic at times, and there was some damage that affected our straight-line speed, but overall, it was a strong race. It would’ve been nice to grab a top five, but we’re happy with the points and the progress.”
Murray now moves up to 11th in the INDY NXT standings with 91 points as the series heads next to World Wide Technology Raceway for its first oval race of the season on June 15.
Louis Foster Impresses Before Heart-Stopping Incident in Detroit
In the NTT INDYCAR SERIES, Louis Foster continued to show why he’s one of the sport’s brightest young talents. After a strong showing in practice and qualifying, Foster led his first laps in IndyCar by executing an off-sequence strategy, demonstrating speed and maturity well beyond his rookie status.
Unfortunately, Foster’s promising run ended abruptly when a suspension failure sent him into the wall at over 180 mph. Thanks to IndyCar’s industry-leading safety standards and the rapid response of the AMR Safety Team, Foster walked away without serious injury.
“First, thank you to everyone for all of the messages — I am OK,” said Foster. “Massive thank you to the IndyCar medical team and the AMR Safety Team for putting driver safety first. We were on for a season-best result, leading laps and running strong. It’s disappointing, but that’s racing. We’ll be back in two weeks.”
Foster’s strong qualifying and race pace underscored his rapid adaptation to the series, with an average qualifying position of 13th so far this season — a remarkable statistic for a rookie in the ultra-competitive 27-car field.
Callum Ilott Shows Strong Pace Before Unfortunate Pit Incident
Meanwhile, Callum Ilott, driving for PREMA Racing, showed flashes of brilliance throughout the weekend, consistently running inside the top ten during the race. Starting from 17th on a split tire strategy, Ilott made early gains and was poised for a strong finish. However, a loose wheel led to contact with the wall and an early end to what was shaping up to be a competitive outing.
“The car was feeling good and we were on track for a solid result,” said Ilott. “Unfortunately, the front left didn’t go on properly during the last pit stop, and I couldn’t turn into Turn 1. I’m OK, and the car looks repairable — we’ll regroup and come back stronger.”
Looking Ahead
Lottery.com and Sports.com’s drivers will now shift their focus to the upcoming oval race at World Wide Technology Raceway. Louis Foster has a strong oval pedigree, winning all oval events in INDY NXT last season, including Gateway.
With strong momentum building and lessons learned from Detroit, the future looks bright for the Lottery.com and Sports.com backed drivers as they prepare for the second half of the season.
Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com, commented:
“We were delighted with the brand exposure generated this weekend, and of course, especially proud of Sebastian Murray’s strong top 10 finish in only his fourth INDY NXT appearance. This is exactly why we were excited to have Seb represent our brands in INDY NXT. Both Callum Ilott and Louis Foster also showed flashes of brilliance, even though circumstances outside their control made it a tough weekend for them. We remain incredibly optimistic about the future and look forward to supporting all three drivers as the season progresses.”
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
For more information, please visit www.lottery.com or www.sports.com or contact our media relations team.
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/26c9061b-baaa-4452-907f-78513e1d9ea7https://www.globenewswire.com/NewsRoom/AttachmentNg/02a97cc2-fdc1-46e0-b3b0-be01fcd92516https://www.globenewswire.com/NewsRoom/AttachmentNg/7398e42a-a5d5-41df-bc5f-64b340176b39https://www.globenewswire.com/NewsRoom/AttachmentNg/19dde0b9-86b4-4956-802f-8f1ec3fe1ab0
This press release was published by a CLEAR® Verified individual.
https://www.globenewswire.com/newsroom/ti?nf=OTQ2MTY3MiM2OTcwOTg3IzIyMDk2MzU=
https://ml.globenewswire.com/media/NjdkZTdlZjctNGIyNi00MDVkLTgzNTItYzFlMmQ3NTI1MmRiLTEyMjExODgtMjAyNS0wNi0wMi1lbg==/tiny/Lottery-com-Inc-.png
For more information, please contact our media relations team at press@lottery.com
Trooperstocks
2 semanas hace
$LTRY News: Lottery.com and Sports.com Power Triple Driver Lineup at Detroit Grand Prix
Lottery.com Inc.
Fri, May 30, 2025 at 9:10 AM EDT 5 min read
In This Article:
LTRY
Lottery.com Inc.
Ilott, Foster, and Murray Fly the Flag for Global Brands Across IndyCar and Indy NXT
DETROIT, May 30, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW)(“the Company” or “Lottery.com”) and Sports.com, the next-generation sports media platform, are proud to announce their continued sponsorship of three exceptionally talented drivers — Callum Ilott, Louis Foster and Sebastian Murray — as they take to the streets of Detroit this weekend in both the NTT INDYCAR SERIES and INDY NXT by Firestone.
Callum Ilott Helmet and Car
Lottery.com branded helmet worn by Callum Ilott
Callum Ilott: Lottery.com Helmet Deal Extended Through 2025
Following his standout showing at the Indianapolis 500, Callum Ilott will now wear the Lottery.com logo front and center on his custom helmet for the remainder of the 2025 season. Driving car number 90 for the Prema racing team, Ilott represents Lottery.com’s lead entry in the top-tier INDYCAR SERIES.
“We’re proud to extend our relationship with Callum,” said Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com. “I had the pleasure of spending time with Callum at the Indy 500 following his great drive, and I was really impressed not only by his ability to drive the wheels off a car, but also by his commercial understanding of how important partnerships like this are for the future. We look forward to working with Callum through this year and beyond.”
Louis Foster Helmet
Sports.com branded helmet worn by Louis Foster.
Louis Foster: Sports.com Partnership Continues Post-Indy 500
After finishing 12th and earning Top Rookie Honors at the Indy 500 last weekend, Louis Foster continues his strong run in the Rahal Letterman Lanigan Racing No. 45 car. The Sports.com branding will now appear on the chin of Foster’s car, showcasing the Company’s commitment to elite racing talent.
“Detroit’s a tricky track and there have been some eventful races there in recent years,” Foster commented. “The main goal is to qualify well and stay out of trouble to keep our momentum going.”
“It’s just, like, super bumpy,” he added. “It’s really short and narrow. For us to be on the limit and not end up in the wall, it just makes it very, very challenging. In some areas, it’s very narrow. In others, you have different tarmacs in different corners, which makes it hard to feel the grip of the car.”
“Not only did Louis deliver one of the outstanding drives of the Indy 500 weekend,” said Marc Bircham, Director of Sports.com, “but having spent time with him personally, I can say he’s got a fantastic personality — every sponsor’s dream. He has a great racing pedigree. He’s the complete package.”
Sebastian Murray: Rising Star Continues Indy NXT Journey
In the INDY NXT by Firestone championship, Sebastian Murray will once again carry Lottery.com branding on the rear spoiler and nose wing endplates of his Andretti Cape Motorsports machine. As the youngest driver in the group, Murray’s progression symbolizes the long-term vision for both Lottery.com and Sports.com in supporting emerging motorsport talent and driver development.
“Sebastian represents the future,” said Marc Bircham. “He’s calm under pressure and has the talent to rise quickly through the ranks. We’re excited to watch his journey unfold and to be a part of it.”
“Marc and I also had the pleasure of spending time with Sebastian over the Indy 500 weekend,” said Matthew McGahan, “and he’s not only a charming young man but an exceptional natural driver. There’s no doubt he’s one to watch.”
Detroit Street Circuit: The Challenge Ahead
Detroit’s circuit is one of the most demanding in motorsport, with tight corners, changing surfaces, and limited overtaking zones that test both driver skill and race strategy. This marks the fourth major event in May, closing out the busiest month of the INDYCAR calendar.
Broadcast Schedule (ET):
Fri, May 30 – Practice 1: 3:00 PM (FS2, Sky Sports F1 UK)
Sat, May 31 – Practice 2: 9:00 AM / Qualifying: 12:00 PM (FS1, Sky Sports)
Sun, June 1 – Warm-Up: 9:30 AM / Race: 12:30 PM (FOX, Sky Sports F1 UK)
Triple Sponsorship, One Global Vision
This three-driver lineup exemplifies Lottery.com and Sports.com’s investment in world-class motorsport to raise global brand awareness and fan engagement. From helmet design to car decals, the brands are front and center on one of the most watched racing series in the world.
“This is more than sponsorship — it’s the start of a movement,” said Matthew McGahan. “We’re building long-term equity in the sports and entertainment verticals, and these partnerships are already delivering global brand recognition along with signaling to our shareholders that we are making strides to increase the value of our premium brand assets.”
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
For more information, please visit www.lottery.com or www.sports.com or contact our media relations team.
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/19dde0b9-86b4-4956-802f-8f1ec3fe1ab0
https://www.globenewswire.com/NewsRoom/AttachmentNg/6f7ef34f-55a7-4558-9225-72e72363a259
This press release was published by a CLEAR® Verified individual.
CONTACT: For more information, please visit www.lottery.com or www.sports.com or contact our media relations team at press@lottery.com.
ProfitScout
3 semanas hace
$LTRY News: Lottery.com Inc. Enters New Era as Turnaround Completes and Strategic Acquisitions Accelerate
Company Poised to Execute on Five-Year Growth Plan Across Lottery, Sports and Entertainment Verticals
FORT WORTH, Texas, May 28, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery, sports and entertainment, announces that its registration statement on Form S-1 has been declared effective by the U.S. Securities and Exchange Commission as of May 14, 2025. This milestone unlocks access to a previously announced $100 million financing facility (“Financing Facility”) with Generating Alpha Ltd., providing the Company with financial flexibility to execute its aggressive acquisition and growth strategy.
This announcement follows a week of extraordinary market performance, with over 275 million shares traded and the stock surging from $0.70 to a high of $2.64. The effectiveness of the S-1 marks the official close of a two-year corporate turnaround. Under new leadership, Lottery.com has rebuilt its foundation: restructuring the Board and executive team, remediating legacy compliance issues, and implementing two clear innovative business models for Lottery.com and Sports.com.
“The turnaround is now complete. We are structurally sound, operationally ready, and strategically funded to drive aggressive growth,” said Matthew McGahan, CEO and Chairman of Lottery.com. “We’ve stabilized the Company from its foundation, secured the capital need and are moving rapidly towards driving revenue and acquiring assets that strengthen our brand ecosystem and deliver profits for the Company and its shareholders.”
The Company’s focus now turns to strategic execution—transforming capital into revenue generation and high-value assets to deliver shareholder value.
While the Financing Facility provides capital through the issuance of common stock, the Company intends to deploy proceeds not for general dilution but to accelerate revenue growth and acquire accretive assets across gaming, content, media and live events—many of which are already in late-stage negotiations. Access to immediate funding allows Lottery.com to drive revenue and complete its target acquisitions, including but not limited to DotCom Ventures Inc., owner of Concerts.com and TicketStub.com, and Nook Holdings Limited (Dubai, UAE) to further develop the Sports.com brand in the Middle East. The buy-and-build acquisition strategy is designed to:
Drive near-term revenue and sustainable long-term profitability
Expand global brand awareness
Enhance shareholder value
Maximize synergies between Lottery.com and Sports.com
McGahan added: “The S-1 going effective is transformative for Lottery.com and its shareholders. We are not just raising capital—we are deploying it against cash-generative acquisitions that enhance our balance sheet, income statement and the valuation of our brands. This is a disciplined growth phase.”
The Company’s five-year vision includes expanding Lottery.com International, launching new sweepstakes products (domestically and abroad), deepening its affiliate program and building out a robust content and IP ecosystem under Sports.com Studios—all underpinned by the funding now available through the activated Generating Alpha Financing Facility, along with continued funding from United Capital Investments Ltd.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu, and WinTogether, is a unified ecosystem that integrates gaming, entertainment, and sports.
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
This press release was published by a CLEAR® Verified individual.
https://www.globenewswire.com/newsroom/ti?nf=OTQ1OTI3MCM2OTQ0MjgxIzIyMDk2MzU=
https://ml.globenewswire.com/media/OWIwYTJkMmYtMzIzNS00MDNmLWEyZjYtNTA5YTFmNWViOTZjLTEyMjExODgtMjAyNS0wNS0yOC1lbg==/tiny/Lottery-com-Inc-.png
For more information, please visit www.lottery.com or www.sports.com or contact our media relations team at press@lottery.com.
Source: Lottery.com Inc.
Trooperstocks
3 semanas hace
$LTRY Lottery.com Expands Into Concerts And Niche Live Events With DotCom Ventures Acquisition
by Meg Flippin Benzinga Staff Writer
Lottery.com enables players and commercial partners in the U.S. and internationally to remotely purchase legally sanctioned lottery games without having to go to a store. The company also provides real-time results on more than 800 lottery games from over 40 countries. Through its WinTogether.org platform, LTRY enables non-profits to gamify charitable giving. Meanwhile, Sports.com provides fans with live matches, timely analysis, real-time statistics and access to the purchase of team merchandise. By buying a majority stake in DotCom Ventures, LTRY can expand into new segments of live entertainment.
It's a big market opportunity for LTRY. The global live events market is projected to reach $1.2 trillion by 2032, growing at a CAGR of 5.9%. Sponsorships, something the company knows all too well, are driving awareness and thus ticket sales, it says.
Revenue From The Jump
What LTRY says makes this acquisition particularly attractive is the fact that Concerts.com and TicketStub.com are already established online businesses selling verified tickets without any hidden fees, setting the stage for LTRY to realize revenue from the deal right out of the gate, reports the company. TicketStub.com is focused on alternative entertainment verticals, including festivals, comedy, esports and niche lifestyle events. The company says that acquiring both platforms gives it the ability to sell tickets for both mainstream and genre-specific events.
LTRY plans to integrate the two platforms into its Sports.com live streaming infrastructure with the goal of creating a leading destination for consumers to search for live events and purchase tickets. Sports.com will also create original content for both the newly acquired platforms.
Sponsorships In Action
In addition to making what the company says is a game-changing acquisition, LTRY is busy building brand awareness via key sponsorships. During the 2025 Indianapolis 500, which took place over the Memorial Day weekend, upcoming race car driver Louis Foster donned an LTRY Sports.com-branded helmet throughout the race emblazoned with the saying, "The Greatest Spectacle in Racing." The partnership with Foster created visibility for the brand on a global motorsport stage.
"The Indy 500 is not just a race – it’s a cultural institution. To partner with a driver of Louis Foster's caliber at such an iconic event reinforces our mission to deliver high-impact exposure, enhance international brand recognition, and drive long-term shareholder value," said Marc Bircham, executive director at Sports.com. Birchman, who has served as a director of Sports.com since March 2024, was recently elevated to executive director.
The company credits Bircham with playing a key role in advancing LTRY's expansions into global sports media and football club acquisitions. A UEFA Pro License holder, Birchman has held senior coaching and managerial roles in England, Ireland, Italy, the U.S., Canada and the Caribbean.
The company was also a title Sponsor of Soccerex Europe 2025, which ran from May 19 to 21 at the Johan Cruyff Arena in Amsterdam. As headline sponsors of this globally recognized football business summit, LTRY and Sports.com were featured across the event's programming, branding and panel content. With over 800 former players, club owners, league officials and investors in attendance, LTRY said the sponsorship was a major step in the company's international growth strategy.
Motorsports Expansion Underway
The sponsorships are part of LTRY's Sports.com's efforts to expand its presence in elite motorsport, aligning with the company's broader mission to accelerate fan engagement, amplify cultural relevance and expand its commercial footprint through multi-channel revenue strategies.
To that end, Sports.com also recently announced that Dennis Wise would join as a founding ambassador. He is a well-known English football player who over the course of his 21-year playing career earned 21 caps for England, captained Chelsea FC during its golden era and won seven major trophies, including the UEFA Cup Winners' Cup and three FA Cups. Wise joined a team of ambassadors that includes former QPR and Millwall star Marc Bircham, actor and director Tamer Hassan and military adventurer and TV personality Ant Middleton, reports LTRY.
"Dennis is a transformative figure in world football. His achievements span top-flight competition, executive leadership, international development, and mentorship. As a Founding Ambassador, he brings credibility, vision, and an unrelenting drive to help shape Sports.com into the future of sports media and fan interaction," said Bircham.
From buying online platforms to partnering with world-class athletes, LTRY is on a mission to become the go-to destination for everything having to do with live events. With the main platform, Sports.com and Concerts.com, the company now controls what it says are three category-defining digital assets.
*This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.
Link: https://www.benzinga.com/partner/news/25/05/45641749/lottery-com-expands-into-concerts-and-niche-live-events-with-dotcom-ventures-acquisition
Trooperstocks
3 semanas hace
$LTRY NEWS: Lottery.com Inc NASDAQ and Sports.com Driver Receives Top Rookie Honors at the Indy 500
Lottery.com Inc.
Tue, May 27, 2025 at 8:53 AM EDT 5 min read
Lottery.com
In This Article: LTRY, LTRYW
INDIANAPOLIS, May 27, 2025 (GLOBE NEWSWIRE) -- In the running of the 109th Indianapolis 500, Louis Foster delivered a headline-grabbing performance as Top Rookie finisher, proudly representing Sports.com and Lottery.com Inc. (Nasdaq: LTRY; LTRYW) (“Lottery.com” or “the Company”) in what marked a milestone weekend for the brands' growing presence in global motorsport.
Prior to the start of the 2025 Indy 500, Callum Ilott and Louis Foster are introduced to the crowd at the Indianapolis Motor Speedway.
Prior to the start of the 2025 Indy 500, Callum Ilott and Louis Foster are introduced to the crowd at the Indianapolis Motor Speedway.
Callum Ilott (red) and Louis Foster (black) stand next to the Borg-Warner Trophy prior to the start of the 2025 Indy 500.
Driving the #45 Desnuda Honda for Rahal Letterman Lanigan Racing, Foster started 20th and charged into the top 10 on race day. Despite receiving two drive-through penalties for pit lane infractions, he kept his composure to bring the car home in a provisional 15th place, later elevated to P12 following post-race disqualifications of three competitors. Foster was the only rookie finisher out of four starters — a feat that underlines both his talent and maturity on the sport’s biggest stage.
“To be the top rookie in my first 500 is something I’m very proud of,” said Foster. “We had the pace to run inside the top 10, and I’m already focused on building from this heading into Detroit.”
Foster’s helmet paid tribute to key figures in his racing journey and prominently featured the Sports.com logo on the chin, signaling the brand’s deepening investment in next-generation talent.
Callum Ilott, representing PREMA Racing, delivered an equally impressive performance in the Italian team’s debut Indy 500. Running as high as fifth and ultimately finishing P12 on track, Ilott’s pace and professionalism drew strong praise. While PREMA’s #90 entry was later disqualified for a technical infringement relating to rear wing endplate height, the result did little to diminish the team’s sense of achievement in their first appearance at the Brickyard.
“It was an unforgettable experience,” said Matthew McGahan, CEO of Lottery.com and Sports.com. “I was honored to spend time with Callum, Louis, and Sebastian over the weekend — three exceptional young drivers who gave it their all. The race itself was spectacular. Having attended many Formula One events in my career, this was my first Indy 500. This event wasn’t just a race; it was a spectacle.”
“As a former professional athlete myself, this was my first time attending the Indianapolis 500 — and I can honestly say I’ve never experienced anything like it,” added Marc Bircham, Director of Sports.com. “From the roar of the crowd to the Black Hawk helicopters leading the opening laps, it was absolutely electric. It’s a bucket-list event that exceeded all expectations. Neither Matthew nor I have ever witnessed a live sporting event with nearly half a million fans over a single weekend. The scale, the energy, the precision — it was unforgettable. And to be there supporting Louis, Callum, and Sebastian made it all the more meaningful. These are the kind of world-class moments that define what Sports.com is all about.”
The weekend also offered the opportunity to connect with rising Indy NXT star Sebastian Murray, currently backed by Sports.com and Lottery.com. Murray joined the executives for a meet-and-greet during the event, reinforcing the Company’s commitment to supporting future champions across every tier of the sport.
Throughout the event, leadership from Lottery.com and Sports.com held multiple discussions with the management teams of both Foster and Ilott to explore deeper sponsorship agreements and expanded collaboration opportunities across future race weekends and series.
This announcement comes at a pivotal moment for Lottery.com, which last week recorded nearly half a billion shares traded. With momentum building, the Company continues to advance its visibility and impact across elite global sports platforms.
About Lottery.com Inc.
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/69ba93f1-857d-4719-91c3-404868fedf4a
This press release was published by a CLEAR® Verified individual.
CONTACT: For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
ProfitScout
3 semanas hace
$LTRY News: Lottery.com and Sports.com Driver Receives Top Rookie Honors at the Indy 500
INDIANAPOLIS, May 27, 2025 (GLOBE NEWSWIRE) -- In the running of the 109th Indianapolis 500, Louis Foster delivered a headline-grabbing performance as Top Rookie finisher, proudly representing Sports.com and Lottery.com Inc. (Nasdaq: LTRY; LTRYW) (“Lottery.com” or “the Company”) in what marked a milestone weekend for the brands' growing presence in global motorsport.
https://ml.globenewswire.com/Resource/Download/69ba93f1-857d-4719-91c3-404868fedf4a/image1.jpeg
Callum Ilott (red) and Louis Foster (black) stand next to the Borg-Warner Trophy prior to the start of the 2025 Indy 500.
Driving the #45 Desnuda Honda for Rahal Letterman Lanigan Racing, Foster started 20th and charged into the top 10 on race day. Despite receiving two drive-through penalties for pit lane infractions, he kept his composure to bring the car home in a provisional 15th place, later elevated to P12 following post-race disqualifications of three competitors. Foster was the only rookie finisher out of four starters — a feat that underlines both his talent and maturity on the sport’s biggest stage.
“To be the top rookie in my first 500 is something I’m very proud of,” said Foster. “We had the pace to run inside the top 10, and I’m already focused on building from this heading into Detroit.”
Foster’s helmet paid tribute to key figures in his racing journey and prominently featured the Sports.com logo on the chin, signaling the brand’s deepening investment in next-generation talent.
Callum Ilott, representing PREMA Racing, delivered an equally impressive performance in the Italian team’s debut Indy 500. Running as high as fifth and ultimately finishing P12 on track, Ilott’s pace and professionalism drew strong praise. While PREMA’s #90 entry was later disqualified for a technical infringement relating to rear wing endplate height, the result did little to diminish the team’s sense of achievement in their first appearance at the Brickyard.
“It was an unforgettable experience,” said Matthew McGahan, CEO of Lottery.com and Sports.com. “I was honored to spend time with Callum, Louis, and Sebastian over the weekend — three exceptional young drivers who gave it their all. The race itself was spectacular. Having attended many Formula One events in my career, this was my first Indy 500. This event wasn’t just a race; it was a spectacle.”
“As a former professional athlete myself, this was my first time attending the Indianapolis 500 — and I can honestly say I’ve never experienced anything like it,” added Marc Bircham, Director of Sports.com. “From the roar of the crowd to the Black Hawk helicopters leading the opening laps, it was absolutely electric. It’s a bucket-list event that exceeded all expectations. Neither Matthew nor I have ever witnessed a live sporting event with nearly half a million fans over a single weekend. The scale, the energy, the precision — it was unforgettable. And to be there supporting Louis, Callum, and Sebastian made it all the more meaningful. These are the kind of world-class moments that define what Sports.com is all about.”
The weekend also offered the opportunity to connect with rising Indy NXT star Sebastian Murray, currently backed by Sports.com and Lottery.com. Murray joined the executives for a meet-and-greet during the event, reinforcing the Company’s commitment to supporting future champions across every tier of the sport.
Throughout the event, leadership from Lottery.com and Sports.com held multiple discussions with the management teams of both Foster and Ilott to explore deeper sponsorship agreements and expanded collaboration opportunities across future race weekends and series.
This announcement comes at a pivotal moment for Lottery.com, which last week recorded nearly half a billion shares traded. With momentum building, the Company continues to advance its visibility and impact across elite global sports platforms.
About Lottery.com Inc.
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/69ba93f1-857d-4719-91c3-404868fedf4a
This press release was published by a CLEAR® Verified individual.
https://www.globenewswire.com/newsroom/ti?nf=OTQ1ODM4OCM2OTYxNTIzIzIyMDk2MzU=
https://ml.globenewswire.com/media/MjkwMzM3ZmEtMGI5MS00YjNlLThjOWMtYTYzOWI2ZDE3ZTE4LTEyMjExODgtMjAyNS0wNS0yNy1lbg==/tiny/Lottery-com-Inc-.png
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Ilott and Foster Crowd Introduction
Callum Ilott (red) and Louis Foster (black) stand next to the Borg-Warner Trophy prior to the start of the 2025 Indy 500.
Source: Lottery.com Inc.
Regístrate para obtener alertas en tiempo real, cartera personalizada y movimientos del mercado.
esi23
3 semanas hace
glenn1919
3 semanas hace
Hot Features
Premium
