Core Insights - Lottery.com has completed the acquisition of Spektrum Ltd for 3 per share, to enhance its international operations and support the development of Lottery.com International [1][2] - The acquisition is a strategic move aimed at establishing a compliant platform for lottery, sweepstakes, and social gaming operations across various international jurisdictions [1][2] - The company plans to focus on expanding its brand reach and revenue growth in Europe, Africa, and Asia as part of its broader international strategy for 2025 [2] Company Strategy - The acquisition is seen as a pivotal step in Lottery.com's goal to become a globally recognized brand, strengthening its proprietary technology and operational scalability [2] - This deal marks the first of several strategic initiatives planned for 2025, indicating a commitment to both domestic and international expansion [2] - The company aims to relaunch its ticket sales operations and unlock greater geographical revenue opportunities, ultimately delivering increased value to shareholders [2]
Lottery.com Completes Spektrum Ltd Acquisition Deal at a $3 Share Price