Core Insights - Lottery.com has entered into a Memorandum of Understanding with PlusEVO Ltd. to acquire an advanced lottery management system and gaming platform, enhancing its international expansion efforts [1][2] - The acquisition is part of the company's strategy to launch and generate revenue from international operations by March 31, 2025, allowing for greater operational efficiencies and long-term value creation [2][3] - The all-stock purchase price for the acquisition is set at $1.5 million, payable over 30 months, with a share value of $3 [2] Company Strategy - The acquisition allows Lottery.com to own its proprietary technology stack, eliminating reliance on third-party licensing agreements and enabling full control over its technical roadmap [2][3] - This strategic move is expected to accelerate the company's expansion into Europe, Africa, and other emerging markets, enhancing customer experience and innovation [3][6] Technology Benefits - The newly acquired platform is built on a microservices architecture, ensuring high availability and seamless scalability, optimizing resource utilization for international markets [4] - Event-driven workflows powered by Kafka logic improve system responsiveness and reduce latency, while enhanced security protocols safeguard data integrity and privacy [5] - The technology stack's diversity allows for the selection of the most suitable technology for each function, fostering innovation and optimizing performance [5]

Company Eyes the Potential for UK Football Club AcquisitionFORT WORTH, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Sports.com, a global leader in digital sports entertainment and a key brand of Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), announces that it has entered into a multi-year global partnership agreement (the “Agreement”) with Soccerex, the world’s leading soccer (hereinafter referred to as “football”) business event organizer. The Agreement makes Sports.com the title spon ...

Core Viewpoint - Lottery.com is launching its international lottery operations to meet global customer demands, aiming to generate new revenue by the end of March 2025 [1][5]. Group 1: International Expansion - The company has customized a technology platform to provide a secure and engaging experience for international audiences, targeting markets in Europe, Africa, and other emerging global markets [2][4]. - Lottery.com has secured agreements with marketing and affiliate partners in the gaming space to enhance customer acquisition and expand its market reach [3][4]. Group 2: Strategic Goals - The company aims to attract a global customer base by partnering with local players, which will help generate revenue opportunities and cater to local preferences and regulatory requirements [4]. - The Chairman of Lottery.com expressed confidence in the company's ability to generate revenue from international lottery operations by the end of March, emphasizing the importance of technology investment and brand refresh for sustained success [5].

FORT WORTH, Texas, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY; LTRYW) ("Lottery.com" or the "Company"), a leading technology company in digital lottery and sports entertainment, is pleased to announce that the U.S. Securities and Exchange Commission ("SEC") has declared the Company's Form S-1 Registration Statement effective on October 16, 2024 ("Registration Statement") (File Number: 333- 281925). Following the declaration, Matthew McGahan, Lottery.com Chairman and CEO, wrote an open ...

As filed with the Securities and Exchange Commission on September 25, 2024 Registration No. 333-281925 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 LOTTERY.COM INC. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer 5049 Edwards Ranch Rd., 4 Floor Fort Worth, Texas 76109 (737) 309-4500 (Address, including zip code, and ...

LONDON, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) ("Lottery.com" or the "Company") is pleased to announce that Sports.com, a global leader in digital sports entertainment, has significantly expanded its geographic reach, launching its platform and content in new markets across Asia. This expansion is part of Sports.com's ongoing commitment to delivering premium sports content to millions of potential fans worldwide, further extending its commercial reach beyond Africa and the ...

LONDON, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) ("Lottery.com" or the "Company"), a leading online lottery services provider, announces the successful completion of its acquisition of S&MI Ltd. ("S&MI"), the innovative technology company behind the Sports.com brand and app. The consideration for the acquisition, finalized on September 1, 2024, is all in common stock of Lottery.com valued at $3.00 per share. The acquisition of S&MI marks a significant milestone for Lottery.c ...

As filed with the Securities and Exchange Commission on September 3, 2024 Registration No. ____________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 LOTTERY.COM INC. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 7372 81-1996183 (I.R.S. Employer Identification Number) 5049 Edwards R ...

LONDON, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) ("Lottery.com" or the "Company"), a leading online lottery services provider, is pleased announce it has finalized terms for the acquisition of S&MI Ltd. ("S&MI"), the innovative technology company behind the current Sports.com brand and app. The total acquisition price is to be satisfied with equity of common stock in Lottery.com priced at $3.00 per share. The acquisition of S&MI significantly enhances the long-term value of t ...

LONDON, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) ("Lottery.com" or the "Company"), a leading online lottery services provider announces the finalization of the acquisition of S&MI Ltd., the technology company behind the SportLocker brand and app, with the transaction set to close on September 1, 2024. SportLocker has already been rebranded as Sports.com, and is now set to develop a premier platform for sports fans worldwide over the course of 2024/25. Sports.com is fast becom ...