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.
Lottery.com Inc (LTRYW) operates at the intersection of digital lottery technology and sports entertainment, providing a regulated platform for global users. This news hub offers investors and industry observers centralized access to official updates and strategic developments.
Track key announcements including quarterly financial results, technology enhancements to its microservices-based platform, and expansions through its Sports.com subsidiary. Users will find timely updates on regulatory compliance achievements, partnership agreements, and market entry initiatives across international jurisdictions.
All content undergoes rigorous verification to ensure accuracy and relevance. The curated news collection serves as an essential resource for understanding the company's progress in digital lottery innovation and sports media integration. Bookmark this page for streamlined monitoring of Lottery.com's operational milestones and industry positioning.
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Lottery.com and Sports.com-backed drivers delivered impressive performances at Road America's NTT INDYCAR SERIES and INDY NXT races. IndyCar rookie Louis Foster secured a breakthrough pole position and finished P11 in the No. 45 Rahal Letterman Lanigan car. Callum Ilott, driving the Lottery.com-sponsored No. 90 PREMA Racing car, achieved his best 2025 season result with P15. In INDY NXT, Sports.com-sponsored Sebastian Murray earned the Jostens' Biggest Mover award, advancing from P14 to P11. Lottery.com and Sports.com CEO Matthew McGahan highlighted the success of their motorsport partnerships and announced plans for an expanded driver and team development program in 2026.
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Lottery.com (NASDAQ: LTRY) has expanded its committed financing facility with Generating Alpha Ltd. from $100 million to $300 million, while improving terms for the company. Key improvements include a reduced discount rate from 10% to 6%, elimination of trading cushion, and a simplified put mechanism. The company has already drawn down $1.87 million for operational expenses and acquisitions. CEO Matthew McGahan emphasized that this financing provides flexibility to issue shares based on market strength, making it less dilutive than typical equity structures. The expanded facility aims to support the company's acquisition strategy, including potential deals like Concerts.com, with a focus on cash-flow positive targets and tangible assets. The partnership with Generating Alpha demonstrates long-term commitment, as they continue to hold shares from initial issuance.
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Lottery.com (NASDAQ: LTRY) has successfully regained Nasdaq compliance by maintaining a minimum bid price of $1.00 for twenty consecutive business days from May 21 through June 18, 2025. The company experienced significant market activity during this period, with daily trading volumes frequently exceeding 30 million shares and reaching a peak of 166 million shares on May 27, 2025. CEO Matthew McGahan highlighted this as a turning point, emphasizing the company's turnaround efforts. The company has strengthened its leadership with Tamer Hassan as President of Sports.com Studios and is actively investigating potential illegal short selling with legal advisors from Paul Hastings LLP.
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Lottery.com (NASDAQ: LTRY) has appointed renowned actor and director Tamer Hassan as President of Sports.com Studios, its newly established content division. Hassan, who has been serving as a Director for Lottery.com since June 2023, brings over 25 years of experience in international film and television, known for roles in Layer Cake, Game of Thrones, and other notable productions. In his new role, Hassan will spearhead the development, production, and distribution of sports-focused films, docuseries, and premium digital content. Sports.com Studios is already in pre-production on several projects, including a documentary series about a British football club's acquisition and revival, along with content featuring elite athletes. This strategic move represents Sports.com's expansion into entertainment media and storytelling.
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Lottery.com (NASDAQ: LTRY) leadership, including CEO Matthew McGahan, Sports.com Ambassador Dennis Wise, and Director Marc Bircham, attended key FIFA Club World Cup events in Los Angeles. The executives were present at the Paris Saint-Germain vs. Atlético Madrid match at the Rose Bowl Stadium, where PSG won 4-0. The Company engaged in strategic meetings regarding their acquisition strategy, including plans to acquire a British football club. Their strategy focuses on creating value through global fan engagement, broadcast rights, real estate, and community investment. The team also attended an exclusive FIFA 1904 fashion brand launch dinner and will continue to Miami for additional meetings and the Bayern Munich vs. Boca Juniors match.
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Lottery.com and Sports.com showcased their motorsport presence at World Wide Technology Raceway with three sponsored drivers across INDYCAR and INDY NXT series. In INDYCAR, Callum Ilott led the race but finished P18 after a late fuel strategy gamble, while Louis Foster showed competitive pace before crashing out. In INDY NXT, Sebastian Murray made a promising oval racing debut, finishing ahead of his starting position. All three drivers featured Lottery.com and Sports.com branding on their helmets and cars, demonstrating the companies' commitment to supporting both established and emerging racing talent. The teams now prepare for their next race at Road America, where Foster has previously achieved success.
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Lottery.com (NASDAQ: LTRY) subsidiary Sports.com has entered a strategic sponsorship agreement with Racing Women LLC, an organization focused on advancing women in motorsports and STEM programs. Racing Women, which currently engages 4,500 women from over 70 countries, will receive support for three major events in 2025: a driver training camp in August and two Radical races at Donington Park (UK) and Virginia International Raceway (USA) in September and November respectively. The partnership aims to address the underrepresentation of women in motorsports through advanced training, professional mentorship, and competitive opportunities. Led by motorsport veteran Graeme Glew, Racing Women's initiative aligns with Sports.com's commitment to gender equality in sports and capitalizes on the growing women's athletics market.
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Lottery.com and Sports.com announce expanded sponsorship presence at Gateway racing event, featuring triple-driver representation across IndyCar and IndyNXT series. The partnership includes Louis Foster of Rahal Letterman Lanigan Racing, who will display Lottery.com on his helmet and Sports.com on wing endplates through 2025. Callum Ilott of PREMA Racing continues with Lottery.com helmet branding, while Sebastian Murray in IndyNXT carries comprehensive branding across his equipment. This marks the first time both brands will be featured across three race entries in a single weekend, demonstrating the company's commitment to supporting emerging and elite talent in motorsports.
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Lottery.com (NASDAQ: LTRY) has unveiled expansion plans for Sports.com-branded co-working and incubation hubs, starting with the acquisition of Nook Holdings Limited in Dubai. The company will acquire 90% ownership of Nook by June 30, 2025, which generated $354,000 in net profit in FY 2024 and projects a 38% increase to $490,000 in 2025. The expansion includes a second hub in Al Quoz, Dubai, opening in Q4 2025, with future locations planned in Riyadh, Jeddah, Abu Dhabi, and Greater Miami. This expansion is supported by a $100 million financing facility with Generating Alpha, focusing on acquiring cash-generative businesses with tangible assets. The Sports.com hubs will serve as launchpads for sports, health, wellness, and entertainment startups, aiming to create a global network of integrated ventures.
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Lottery.com (NASDAQ: LTRY) has signed an amended Stock Purchase Agreement to acquire 90% ownership of Nook Holdings Limited, a Dubai-based sports and wellness incubator, for $2.5 million in an all-cash deal expected to close by June 30, 2025. Nook, founded by Ravi Bhusari, operates from One JLT in Dubai's DMCC Free Zone and has established itself as a hub for sports entrepreneurs over the past five years. The acquisition will enable Lottery.com to operate segments of its international sports business from Nook's premises, transforming it into a gateway for sports innovation while maintaining its function as a premium co-working space and business incubator. The strategic move aligns with Sports.com's global platform vision and aims to support existing Nook businesses with networking, licensing, and potential investment opportunities.
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FAQ
What is the current stock price of Lottery Com (ltryw)?
The current stock price of Lottery Com (ltryw) is $0.0141 as of October 1, 2025.
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