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Lottery.com and Sports.com at Indianapolis Motor Speedway
Globenewswire· 2025-05-08 16:48
Company Overview - Lottery.com Inc. (Nasdaq: LTRY, LTRYW) is actively involved in the INDY NXT by Firestone championship, showcasing its branding through sponsorship of driver Sebastian Murray [1][4][6]. - The company has recently expanded its portfolio with acquisitions of Concerts.com and TicketStub.com, enhancing its ecosystem that integrates gaming, entertainment, and sports [3][4]. Driver and Event Details - Scottish driver Sebastian Murray is making his debut at the Indianapolis Grand Prix, driving the No. 2 Dream Racing Dubai Dallara for Andretti Cape [1][3]. - The Indianapolis Grand Prix weekend will feature Rounds 3 and 4 of the 2025 INDY NXT season, with a total of 14 rounds scheduled [2][9]. - Murray's car will prominently display Lottery.com and Sports.com branding, continuing a bold marketing campaign [1][2]. Performance and Expectations - Murray expressed excitement about racing at the iconic Indianapolis Motor Speedway, aiming for strong performances based on his previous experience at Barber Motorsports Park [3][9]. - Sports.com Director Marc Bircham highlighted Murray's exceptional control and pace, indicating that Indianapolis will serve as a critical proving ground for his development this season [3][9]. - Matthew McGahan, CEO of Lottery.com, emphasized the significance of this event following a successful weekend at the Miami Grand Prix, showcasing the company's support for Murray [3].
Lottery.com Expands Its Global Footprint in Live Entertainment with $10M Acquisition of Concerts.com and TicketStub.com
Globenewswire· 2025-05-07 18:53
Core Insights - Lottery.com Inc. has signed a Letter of Intent to acquire a majority stake in DotCom Ventures Inc. for a transaction valued at $10 million, which includes premium domain assets Concerts.com and TicketStub.com [1][4][8] - This acquisition will form the third foundational pillar of Lottery.com's platform, alongside Sports.com and Lottery.com, creating a unified ecosystem for content, commerce, and live experiences [2][10] - The investment is structured as a blend of cash, secured debt, and equity issued at up to $3.00 per share, reflecting the company's long-term vision and commitment to scaling globally [4][5][10] Acquisition Key Highlights - The acquisition includes Concerts.com and TicketStub.com, which are operational platforms designed for scalability and revenue generation from day one [2][8] - Concerts.com will serve as the primary ticketing engine for Sports.com, enhancing the unified commerce and content strategy across various live entertainment sectors [4][7] - TicketStub.com will focus on alternative entertainment verticals, including festivals, comedy, esports, and niche lifestyle events, allowing for a dual-brand strategy [8][9] Strategic Vision - The partnership aims to provide fans with reliable access to live events, creating a new standard for fan engagement and experience [5][6] - The combined assets of Lottery.com, Sports.com, and Concerts.com are positioned to anchor the next decade of innovation in the digital entertainment space [10][11] - The company believes it holds one of the strongest domain portfolios globally, enhancing its competitive edge in the market [9][10] Future Developments - Concerts.com is being developed as a fully integrated live events engine, directly connecting with Sports.com's live streaming infrastructure [7][15] - The investment will support a revenue-ready infrastructure that allows for rapid monetization and original content creation through Sports.com Studios [8][15] - The strategic focus includes delivering bundled experiences that combine tickets, content, and streaming, enhancing consumer engagement across various entertainment sectors [15]
Sebastian Murray Makes Second INDY NXT by Firestone Start Driving No. 2 Car Sponsored by Lottery.com and Sports.com
Globenewswire· 2025-05-05 19:30
Strong Qualifying for Andretti Cape Driver & Red-and-Black Branding Turn Heads Murray No.2 Car Ahead of Pack at Grand Prix of Alabama Sebastian Murray drives the No.2 car sponsored by Lottery.com and Sports.com in the Grand Prix of Alabama. Murray NO. 2 Car On a Corner INDY NXT by Firestone No. 2 Car Driven by Sebastian Murray at the Grand Prix of Alabama BIRMINGHAM, Ala., May 05, 2025 (GLOBE NEWSWIRE) -- Rising open-wheel talent Sebastian Murray made his second INDY NXT by Firestone start this weeke ...
Alan Aaron Crowned Winner of the Donate to Win™ Miami Grand Prix Sweepstakes
Globenewswire· 2025-05-05 17:47
Core Insights - Lottery.com Inc. and Sports.com partnered with WinTogether Trust to host the Donate to Win™ Miami Grand Prix Sweepstakes, culminating in a luxury experience for the grand prize winner, Alan Aaron, and his family [1][5]. Group 1: Event Highlights - The prize package included exclusive experiences such as a Ferrari garage tour, pit lane access, and VIP paddock access during the Miami Grand Prix held from May 2 to May 4, 2025 [4][5]. - Alan Aaron expressed immense gratitude for the experience, highlighting the unique opportunity to witness Ferrari cars being prepared and the thrill of the engine run-up [3][4]. Group 2: Company Strategy and Impact - The sweepstakes marked Lottery.com's first U.S.-based sponsored activation in over two years, indicating a strategic milestone for the company [5]. - Proceeds from the sweepstakes supported cybersecurity education initiatives for youth in Florida through the WinTogether Trust, showcasing the company's commitment to meaningful causes [5]. Group 3: Leadership Statements - Matthew McGahan, CEO of Lottery.com and Sports.com, emphasized the brand's focus on providing exclusive access and unforgettable moments, reflecting the company's mission [3][4].
From Wall Street to the Pit Lane: Lottery.com and Sports.com Sponsor Rising INDY NXT Driver Sebastian Murray, Competing with Andretti Cape
Globenewswire· 2025-05-02 15:19
Core Insights - Lottery.com has announced a sponsorship deal with rising motorsport talent Sebastian Murray, who will compete in the 2025 INDY NXT series with the Andretti Cape team [1][5][6] Group 1: Sponsorship Details - The sponsorship includes branding rights, digital content, and fan engagement activations through Murray's participation [5] - The No. 2 Andretti Cape INDY NXT car will feature Lottery.com and Sports.com branding during the Grand Prix of Alabama from May 2-4, 2025, and throughout the rest of the season [3][10] - The sponsorship aims to enhance visibility and access for Lottery.com and Sports.com within the motorsport community [6][10] Group 2: Company Vision and Strategy - The sponsorship reflects Lottery.com's strategic vision to invest in emerging talent and engage a new generation of fans [6][5] - Matthew McGahan, CEO of Lottery.com, emphasized the importance of this partnership in aligning the brand with the journey of a promising young driver [6] - Warren Macal, a board member at Lottery.com, highlighted the potential benefits of visibility and access that come with competing in the Andretti Cape environment [5][6] Group 3: Additional Initiatives - This announcement follows Lottery.com's recent sponsorship of the Donate to Win's™ Miami Sweepstakes, which aimed to elevate brand exposure and engage fans [6]
Lottery.com Enters Final Phase of Turnaround with $250M Growth Strategy, Strategic Acquisitions, and Shareholder Engagement
Globenewswire· 2025-04-28 13:00
Core Viewpoint - Lottery.com Inc. is planning its first shareholder webinar in over three years to enhance transparency and engagement, with a focus on strategic progress and growth vision [1][8] Group 1: Corporate Turnaround - The company is nearing the successful conclusion of a two-year corporate turnaround aimed at establishing long-term operational strength and shareholder value creation [2] - The Chairman and CEO emphasized the importance of engaging with shareholders during the final phase of the turnaround, highlighting a commitment to integrity and ambition [3] Group 2: Strategic Initiatives - Capital secured through funding facilities, including a recently filed S-1, will be strategically deployed for growth initiatives [4] - The company has successfully defended over a dozen legal cases, reducing litigation risks and laying a solid foundation for future growth [4] Group 3: Vision for Future Growth - The company aims to increase revenues by resuming gaming operations, monetizing Sports.com, and completing acquisitions to enhance profitability and shareholder value [5] Group 4: Shareholder Engagement - The company plans to host a shareholder webinar in Q2 and will issue a formal communication from the Chairman and CEO to shareholders in the coming weeks [8] Group 5: Leadership and Governance - A complete overhaul of the Board of Directors has been conducted, with experienced leadership focused on transparency and growth [7] - The executive team has been restructured, with key appointments including a new Chief Financial Officer and Chief Operating Officer [7] Group 6: Financial Strategy - The company has secured $100 million from Generating Alpha Ltd. and $150 million from United Capital Investments London, which will be used for cash-generative acquisitions and technology development [7]
Sports.com Named Headline Event Partner for Soccerex Europe 2025 in Amsterdam
Globenewswire· 2025-04-25 19:15
Company Ambassadors To Lead Executive SessionsAMSTERDAM, April 25, 2025 (GLOBE NEWSWIRE) -- Sports.com, the go-to platform for immersive sports content and fan engagement owned by Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), is proud to announce its role as Headline Event Partner for Soccerex Europe 2025, taking place from May 19–21 at the iconic Johan Cruyff Arena in Amsterdam. Widely regarded as the premier global football business event, Soccerex brings together the most influ ...
Lottery.com Files Amended Registration Statement on Form S-1
Newsfilter· 2025-04-25 15:30
FORT WORTH, Texas, April 25, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY), a leading technology company a leading technology company in digital lottery, charitable sweepstakes and sports entertainment, today announced the filing of an amended registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC"). The filing is related to the registration of shares issuable under a $100 million committed stock purchase agreement ("SPA") with Generating Alpha Ltd., along with a ...
Lottery.com in Final Stages of 2-Year Turnaround
Globenewswire· 2025-04-23 17:16
Company Launches Aggressive $250 Million Growth StrategyFORT WORTH, Texas, April 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) ("Lottery.com" or the "Company") today provides an update on its two-year transformation, marking a new era of financial strength, operational momentum, and strategic expansion. Backed by $250 million in committed funding, fully Nasdaq-compliant, and generating strong market engagement, the Company now embarks on an aggressive buy-and-build strategy aimed at po ...
Lottery.com Restarts U.S. Sweepstakes Operations at the F1 Miami Grand Prix
Globenewswire· 2025-04-22 14:42
First U.S. Activation in Two Years Combines Charity, Sports, and High-Octane ExcitementFORT WORTH, Texas, April 22, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW), a leading technology company transforming how the world plays the lottery and engages with charitable sweepstakes, is proud to announce a major milestone: its first operational initiative combining charitable sweepstakes with Sports.com, a member of the Lottery.com family of brands. As part of this exciting activation, Lottery.co ...