Welcome to our dedicated page for Lottery Com news (Ticker: LTRY), a resource for investors and traders seeking the latest updates and insights on Lottery Com stock.
The LTRY news page on Stock Titan aggregates recent announcements and media coverage related to Lottery.com Inc. (Nasdaq: LTRY, LTRYW). Lottery.com describes itself as a technology company transforming the intersection of gaming, sports and entertainment, and its news flow reflects this focus across digital lottery, sports media, motorsport sponsorships and financing activities.
Recent Lottery.com news highlights the company’s growing presence in motorsport through sponsorship of drivers in the NTT INDYCAR SERIES and INDY NXT by Firestone. Releases detail race results and performance updates for drivers such as Callum Ilott, Louis Foster and Sebastian Murray, whose cars carry Lottery.com and Sports.com branding. These stories emphasize brand visibility at high-profile events and the company’s investment in emerging racing talent.
News items also cover corporate and strategic developments, including the planned launch of the Sports.com Super App, which Lottery.com describes as a first-of-its-kind digital destination combining live streaming, community chat, stats-based social media, e-commerce, real-money and fantasy sports gaming, and sports news. Additional coverage addresses leadership appointments at Sports.com Media and Lottery.com International, as well as the creation of Sports.com Studios to produce sports-focused films, docuseries and premium digital content.
Investors and followers of LTRY stock will also find updates on financing and market-related matters, such as the expansion of a committed financing facility with Generating Alpha Ltd., the company’s announcement of regaining compliance with Nasdaq’s minimum bid price requirement, and statements regarding an alleged "short and distort" campaign and related legal steps.
By reviewing this news feed, readers can monitor Lottery.com’s latest disclosures on sponsorships, media initiatives, financing arrangements and market developments as the company pursues its stated strategy at the intersection of gaming, sports and entertainment.
Sports.com, a subsidiary of Lottery.com Inc. (Nasdaq: LTRY, LTRYW), has expanded its geographical footprint by launching in new markets across Asia. The company has partnered with Forest Interactive to go live in Malaysia, the UAE, Saudi Arabia, and the broader MENA region. This expansion is part of Sports.com's strategy to deliver premium sports content to millions of potential fans worldwide.
The platform's global reach is growing rapidly through partnerships with leading telecommunications companies, resulting in a subscriber base now in the millions. Sports.com is focusing on providing valuable and engaging sports content to fans in diverse and remote markets. In the coming months, the company plans to introduce more live sporting events and original content to engage wider audiences across its expanding global network.
Lottery.com (Nasdaq: LTRY) has completed its acquisition of S&MI , rebranding it as Sports.com Media The deal, finalized on September 1, 2024, was an all-stock transaction valued at $3.00 per share. This strategic move expands Lottery.com's global reach, particularly in the Middle East, North Africa, and beyond.
Key developments include:
- Launching white-label services in Rwanda, Kenya, and Ethiopia with PlanetSport
- Partnering with Centili to launch services across major South African telecom companies
- Plans to expand into new streaming markets and cover more sports, including esports and sim racing
The acquisition aims to enhance Sports.com's global profile in digital sports entertainment and drive multi-market revenue potential through improved engagement and retention strategies.
Lottery.com (Nasdaq: LTRY) has finalized terms for the acquisition of S&MI , the company behind Sports.com. The deal, set to complete on September 1, 2024, will be satisfied with Lottery.com equity at $3.00 per share. This acquisition aims to enhance Sports.com's long-term value and growth opportunities, particularly in the Middle East and North Africa.
Post-acquisition, S&MI will be renamed Sports.com Media , with Marc Bircham joining the board, bringing his extensive soccer experience. The company also highlighted a partnership between S&MI and Clickshakers, which has launched in Singapore and is expanding to the UK and France. This move is expected to strengthen Sports.com's global profile and market position in digital sports entertainment.
Lottery.com Inc. (Nasdaq: LTRY, LTRYW) has finalized the acquisition of S&MI , the company behind SportLocker, now rebranded as Sports.com. Set to close on September 1, 2024, this acquisition aims to develop a premier digital sports entertainment platform. Key initiatives for 2024/25 include:
1. Expanding into new streaming markets, covering traditional and esports.
2. Introducing fully immersive streaming technology for enhanced fan engagement.
3. Launching a dedicated sports social media channel.
4. Offering 24/7 sports content, including live streaming and original productions.
5. Global expansion with a focus on women's sports.
6. Leveraging partnerships with Mobile Network Operators for localized content delivery.
The platform aims to revolutionize fan engagement through innovative technology and comprehensive sports coverage.
Lottery.com Inc. (Nasdaq: LTRY) announces an expanded partnership between its subsidiary Sports.com and Bango PLC, aiming to broaden Sports.com's global reach. The integration with Bango's Digital Vending Machine® enables seamless distribution of Sports.com's content to millions of potential users worldwide. The partnership targets 40 markets, primarily in North America and Europe, with additional expansions into Latin America and Asia Pacific.
Key markets include the US, UK, Ireland, Chile, and Mexico. This collaboration allows resellers using Bango's platform to easily incorporate Sports.com's service into their offerings, enhancing customer retention and satisfaction. The move aligns with Lottery.com's strategy to deliver localized, branded sports content directly to consumers' mobile devices, establishing Sports.com as a premier destination for sports enthusiasts.
Lottery.com (LTRY) announced the appointment of Cohen & Company Capital Markets (CCM) as its new strategic financial advisor. This move aligns with Lottery.com's 'buy and build' strategy, supported by a $150 million loan from United Capital Investments
CCM will assist in structuring acquisitions and expanding globally, with a focus on enhancing Lottery.com's market reach and technological capabilities. Key initiatives include the development of Sports.com into a mainstream streaming platform, targeting motorsports, NFL, NBA, MLS, and USL.
The Sports.com app is now available on Apple and Google App Stores. Lottery.com aims to acquire a UK football club within the year, leveraging CCM's expertise in financial structuring.
This partnership aims to boost both domestic and international operations, further monetizing Lottery.com's online assets and technical expertise.
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