Welcome to our dedicated page for Sports Ent news (Ticker: ltryw), a resource for investors and traders seeking the latest updates and insights on Sports Ent stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sports Ent's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sports Ent's position in the market.
In the third quarter of 2021, Lottery.com reported revenues of $32.2 million, a significant increase from $1.6 million a year prior. The net income rose to $11.2 million compared to a net loss of $1.2 million in Q3 2020, reflecting strong growth driven by a global affiliate marketing program. Gross profit reached $20.3 million, up from $0.9 million, aided by a dynamic pricing model. The company anticipates meeting its full-year 2021 revenue guidance of $71 million and focuses on expanding product offerings and user base following its recent business combination with Trident Acquisitions Corp.