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Lottery.com Inc. - $ltryw STOCK NEWS

Welcome to our dedicated page for Lottery.com news (Ticker: $ltryw), a resource for investors and traders seeking the latest updates and insights on Lottery.com 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 Lottery.com'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 Lottery.com's position in the market.

Rhea-AI Summary
Lottery.com Inc. (Nasdaq: LTRY, LTRYW) announces strategic leadership appointments with Matthew McGahan as CEO, President, and Secretary, and Gregory Potts as COO. McGahan brings diverse experience and philanthropic endeavors, while Potts has 25 years of strategic growth and marketing experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.73%
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management
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Rhea-AI Summary
Lottery.com, Inc. has agreed to acquire Nook Holdings Limited and rebrand it as Sports.com, a dynamic sports entertainment platform. Sports.com aims to offer services such as live and on-demand sports streaming, data analytics, e-gaming, education, ticketing, and merchandising. The acquisition establishes a physical presence for Sports.com in the Middle East, demonstrating its commitment to innovating sports, health, and entertainment worldwide.
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News
Rhea-AI Summary
Lottery.com regains compliance with Nasdaq's Minimum Bid Price Requirement and Periodic Filing Rule
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.35%
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none
Rhea-AI Summary
Lottery.com appoints Christopher Anderson Gooding to its board of directors, marking an important step in compliance with Nasdaq. Gooding brings decades of experience in law firms and corporate governance, with involvement in various industries. The company aims to resume operations in ticket sales, international expansion, and technology licensing, anticipating new revenue streams.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.95%
Tags
management
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Rhea-AI Summary
Lottery.com announces successful conclusion of its Annual Meeting of Stockholders. Board approves reverse stock split with a ratio of 20-for-1. Stock trading to begin on a reverse-split adjusted basis on August 10, 2023. Shareholders show support for election of Nick Kounoupias as a Class II Director and ratify appointment of Yusufali & Associates, LLC as independent registered public accounting firm. Board votes to remove the option to purchase Sports.com from agreement with UCIL.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.03%
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none
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Rhea-AI Summary
Lottery.com announces milestones in revenue growth and stability. Regains compliance with Nasdaq listing requirement and secures $1 million loan from UCIL. Additional credit facility of up to $49 million. Directors have interest in UCIL but did not vote on the agreement. Improved corporate governance with new board appointments. Regains compliance with Nasdaq audit committee rule. Company expects to move forward with operational goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
93.4%
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none
Rhea-AI Summary
Lottery.com announces a new funding agreement with United Capital Investments London, Ltd. Changes to the Board of Directors and executive management are also announced. Matthew McGahan is appointed as interim CEO and Robert J. Stubblefield as CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
management
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Rhea-AI Summary
Lottery.com, Inc. (NASDAQ: LTRY, LTRYW) has returned to trading on The Nasdaq Stock Market after a period of consultation with Nasdaq. Chairman Matthew McGahan expressed satisfaction with the turnaround and mentioned the company's progress in implementing disclosure and reporting rules. The company can now focus on operational aspects and international sales.
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Rhea-AI Summary
Lottery.com, Inc. has received a notice from Nasdaq indicating that the company remains in non-compliance with the Listing Rule due to not filing its Form 10-Q for the period ended March 31, 2023. The company has been actively working to cure all prior delinquent filings and has filed several reports to date. The company is committed to filing its reports as presented to the Panel to cure the remaining delinquencies.
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Rhea-AI Summary
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Lottery.com Inc.

Nasdaq:LTRYW

LTRYW Rankings

LTRYW Stock Data

2.88M
Services-prepackaged Software
United States of America
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