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Fourth of July Weekend: Lottery.com and Sports.com Drivers Revved Up for Mid-Ohio Challenge
Globenewswire· 2025-07-04 11:00
Core Viewpoint - Lottery.com Inc. is actively involved in the NTT INDYCAR SERIES and INDY NXT by sponsoring drivers, aiming to enhance brand visibility and engagement in the sports and entertainment sectors [2][10]. Company Involvement - Lottery.com and Sports.com are sponsoring a driver trio participating in the 2025 NTT INDYCAR SERIES at the Mid-Ohio Sports Car Course, a significant event in the racing calendar [2][10]. - The company is focused on building momentum and consistency through its sponsorship, as the racing season intensifies with multiple events in July [5][9]. Driver Performance - Louis Foster, a rookie driver sponsored by Sports.com, has shown promising results, including a pole position at Road America and is currently just two points off the lead in the Rookie of the Year standings [4][5]. - Callum Ilott, driving for PREMA Racing, aims to improve his performance at Mid-Ohio after achieving his best result of the season at Road America [6][7]. - Sebastian Murray, making his debut at Mid-Ohio with Andretti Global, is noted for his recent strong performance and is considered a driver to watch as the competition tightens [8][9]. Event Details - The Mid-Ohio Sports Car Course is a 2.258-mile track known for its technical challenges, featuring 90 laps this year, which is an increase of 10 laps from 2024 [3][6]. - The event schedule includes practice sessions, qualifying, and the race, with broadcasts available in the USA and UK [9]. Leadership Commentary - Matthew McGahan, Chairman & CEO of Lottery.com and Sports.com, expressed pride in the drivers' performances and emphasized the importance of maintaining momentum during the racing season [10]. - Marc Bircham, Director of Lottery.com and Sports.com, highlighted the impressive performances of the drivers and the significance of the Mid-Ohio event as a driver's track [10].
Rogers Becomes Majority Owner of Maple Leaf Sports & Entertainment
Globenewswire· 2025-07-02 17:00
Core Viewpoint - Rogers Communications Inc. has successfully acquired BCE's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion, increasing its ownership to 75% and reinforcing its commitment to Canadian sports [2][3]. Group 1: Acquisition Details - The acquisition closed on July 1, 2025, after receiving all necessary regulatory and league approvals [6]. - The purchase price of C$4.7 billion was primarily funded through revolving bank credit facilities and cash on hand [6]. Group 2: Strategic Importance - MLSE is recognized as one of the most prestigious sports and entertainment organizations globally, and Rogers aims to leverage this ownership to enhance its sports portfolio [3][5]. - The acquisition positions Rogers as the largest owner in MLSE, which includes iconic sports teams and strengthens its leadership in Canadian sports [2][5]. Group 3: Investment Commitment - Over the past decade, Rogers has invested more than C$15 billion in Canadian sports and plans to continue this investment to bring championships to Canada [3][4]. - The company has established long-term strategic partnerships with the NHL and various Canadian teams, including a new 12-year agreement for national media rights through 2037-2038 [5].
FRE Nicotine Pouches Partners with PBR in the Brand’s Largest-Ever Sports Sponsorship
Globenewswire· 2025-07-02 13:00
Core Insights - FRE® Nicotine Pouches has entered a multi-year partnership with Professional Bull Riders (PBR) as the official partner of the Unleash The Beast series, marking FRE's largest sports sponsorship to date [1][2] Group 1: Partnership Overview - The partnership aims to connect with a passionate audience that appreciates authenticity and high-energy moments, aligning with FRE's innovative approach to nicotine [2] - PBR's viewership is on the rise, with events selling out across iconic venues, indicating a growing and engaged fan base [2] Group 2: Event Activation - FRE made its debut at the Kid Rock's Rock N Rodeo and PBR World Finals from May 16-18 at AT&T Stadium, introducing fans to an innovative nicotine experience [3] - The introduction of the "FRE Challenge Button" at the Championship allows bull riders to request a judges' review for a second chance at an official score, integrating FRE into the competition [3] Group 3: Future Engagement - The upcoming 2025 PBR Unleash The Beast season is expected to feature larger activations and deeper brand integration, enhancing fan engagement with FRE [5] - FRE's partnership with PBR is described as a long-term commitment, with plans for innovative activations and continued engagement with the Western sports audience [6] Group 4: Company Background - FRE is designed for nicotine users, aiming to provide a superior alternative to traditional nicotine pouches, and is produced by Turning Point Brands, a publicly traded company [7]
Lottery.com Expands Committed Financing Facility with Generating Alpha to $300 Million
Globenewswire· 2025-06-23 14:50
Core Viewpoint - Lottery.com has successfully amended its Stock Purchase Agreement with Generating Alpha Ltd., increasing the financing facility from $100 million to $300 million, which will save the company nearly $12 million over the life of the funding facility [1][2]. Financing Details - The financing facility has been expanded to $300 million, allowing for more accretive, cash-generating acquisitions to support share price growth [8]. - The effective discount rate has improved from 90% to 94%, reducing the effective discount to just 6% [8]. - The removal of the trading cushion provides greater flexibility in capital deployment [8]. - The structure has been simplified to align with investor protections [8]. Strategic Implications - The amendment reflects a deepening partnership with Generating Alpha, which is seen as a vote of confidence in the company's vision [2][3]. - The company aims to use the capital for core operational expenses and to fund revenue-generating acquisitions, enhancing shareholder value [3][4]. - The facility will help accelerate the closing of multiple acquisitions, including Concerts.com, which is expected to transform the company from a micro-cap to a mid-cap platform with real revenue and global visibility [3][4]. Operational Focus - The company has already drawn down $1.87 million from the facility for operational expenses and acquisitions [3]. - There is a focus on evaluating and prioritizing a pipeline of acquisition targets that are cash-flow positive and have tangible assets [4].
Lottery.com Executives Share Growth Strategy at FIFA Club World Cup US Kickoff
Globenewswire· 2025-06-17 15:30
Core Insights - Lottery.com Inc. is actively engaging in high-profile industry events to enhance its brand presence and strategic partnerships in the sports and entertainment sectors [1][2][3] Company Activities - The leadership team, including Chairman and CEO Matthew McGahan, participated in the FIFA Club World Cup's U.S. kickoff, attending the Paris Saint-Germain vs. Atlético Madrid match, which PSG won 4-0 [2] - The company is pursuing a British football club as part of its acquisition strategy, aiming to create long-term value through global fan engagement and international broadcast rights [2] Strategic Engagements - Company leaders held strategic meetings with global football dignitaries to discuss potential collaborations and investments [2] - An exclusive dinner hosted by FIFA and VFILES celebrated the launch of FIFA 1904, bringing together notable figures from football and entertainment to honor the Club World Cup [3] Future Plans - Following the Los Angeles events, the leadership delegation is set to travel to Miami for further high-level meetings and to attend the upcoming Club World Cup fixture between Bayern Munich and Boca Juniors [4]
Lottery.com and Sports.com Featured at Gateway with Triple-Driver Sponsorship Across IndyCar and IndyNXT
Globenewswire· 2025-06-12 14:00
Core Insights - Lottery.com Inc. has expanded its sponsorship in the NTT IndyCar and IndyNXT by Firestone series, featuring its branding on three race entries during a single weekend, enhancing brand visibility and support for young talent [1][2][9] Sponsorship Details - The partnership with Louis Foster includes the Lottery.com logo on his crash helmet and Sports.com branding on his car, extending through the end of the 2025 season, aligning with the company's long-term motorsport ambitions [4][5] - Callum Ilott continues to represent Lottery.com with high-visibility branding on his helmet, showcasing his professionalism and potential as a key partner for the brand's IndyCar strategy [7] - Sebastian Murray, backed by Lottery.com and Sports.com, carries the brands across multiple areas of his racing gear, positioning him as a significant ambassador for the company's motorsports strategy [9] Driver Performance - Louis Foster, the reigning IndyNXT champion, returns to Gateway with a strong track record, having won all three oval events in the previous season [3] - Callum Ilott is demonstrating consistent Top 10 potential and aims to showcase his skills at the high-speed oval [6] - Sebastian Murray is building on his career-best P6 finish in Detroit and is currently ranked 11th in the overall driver standings [8]
Lottery.com Announces Sports.com Hub Global Expansion Plans
Globenewswire· 2025-06-11 18:37
Core Insights - Lottery.com Inc. is acquiring a 90% stake in Nook Holdings Limited, a UAE-based sports and wellness incubator, expected to be completed by June 30, 2025 [1][2] - The acquisition is part of a broader growth strategy that includes a multi-market rollout plan for Sports.com-branded co-working and incubation models [2][3] - Nook is projected to increase its net profit from $354,000 in FY 2024 to $490,000 in 2025, reflecting a 38% growth [3] Company Strategy - The company is executing an aggressive buy-and-build strategy, aiming to integrate high-potential, cash-generative businesses into its operations [3][6] - A $100 million financing facility with Generating Alpha is in place to support strategic acquisitions and enhance existing operations [3] - The second Sports.com incubator hub will be located in Al Quoz, Dubai, and is expected to open in Q4 2025 [4] Market Expansion - Additional locations for international expansion have been identified, indicating a long-term platform play [6] - Each Sports.com hub is designed to serve as a launchpad for startups in sports, health, wellness, and entertainment, aiming to unlock new monetization channels [6]
Lottery.com and Sports.com Boost Brand Visibility Through Strategic Expansion in IndyCar
Globenewswire· 2025-06-05 15:00
Core Insights - Lottery.com has extended its sponsorship agreement with British motorsport professional Louis Foster, enhancing its commitment to global brand exposure and shareholder value through motorsport partnerships [1][3] Group 1: Sponsorship Details - The extended agreement includes the display of the Sports.com logo on Foster's helmet and the front wing endplates of the Rahal Letterman Lanigan Racing 45 IndyCar for the remainder of the 2025 season [2] - The sponsorship covers all nine remaining races of the season, including notable circuits such as Road America, Mid-Ohio, and the Milwaukee Mile [2] Group 2: Strategic Goals - The partnership aims to solidify Lottery.com's presence in American motorsports and enhance global brand awareness, contributing to significant shareholder value [3] - The combination of helmet branding and prominent front-wing placement is designed to provide extensive brand exposure across various media platforms, including broadcast, digital, and live audiences [3] Group 3: Company Overview - Lottery.com Inc. operates a unified ecosystem that integrates gaming, entertainment, and sports, with brands including Sports.com, Tinbu, and WinTogether [4]
Delårsrapport 1. januar – 31. marts 2025
Globenewswire· 2025-05-22 12:10
Group 1 - The consolidated revenue amounted to 254.3 million DKK, which is 1.8 million DKK higher than the same period last year [1] - The revenue development, costs, and write-downs are primarily attributed to lower activity in Lalandia, as Easter in 2025 falls in April compared to March in 2024 [1] - During the period from January 1 to March 31, 2025, the company hosted six football matches, including a sold-out UEFA Conference League match against Chelsea FC and a sold-out national team match against Portugal [1] Group 2 - The primary result before amortizations and transfer activities was -36.0 million DKK compared to -13.1 million DKK in the same period last year [2] - The result from transfer activities was -27.2 million DKK compared to -11.6 million DKK in the same period last year [2] Group 3 - The result before tax was -73.9 million DKK as of March 31, 2025, compared to -33.9 million DKK at the same time last year [3] - The total result for the period was -57.6 million DKK compared to -26.4 million DKK in the same period last year, attributed to the timing of Easter, higher costs, and lower results from transfer activities [3] Group 4 - PARKEN Sport & Entertainment A/S maintains its previously announced expectations for 2025, forecasting revenue in the range of 1,600 to 1,700 million DKK and a pre-tax result of 100 to 150 million DKK [4]
Lottery.com and Sports.com Headline Soccerex Europe 2025 as Title Sponsor in Amsterdam
Globenewswire· 2025-05-20 15:38
Core Insights - Lottery.com is the Title Sponsor of Soccerex Europe 2025, a significant event for the football business community, taking place from May 19-21 at Johan Cruyff Arena in Amsterdam [1][2] Company Involvement - As the headline sponsor, Lottery.com and its media platform Sports.com will have prominent visibility throughout the event, engaging with over 800 influential attendees including former players, club owners, league officials, and investors [2] - Marc Bircham and Tamer Hassan from Lottery.com will participate in two key panel discussions, focusing on the future of football media, fan engagement, and player care [3][4] Event Details - The first panel on May 19 will discuss innovations in fan experiences and club ownership models, while the second panel on May 20 will address the responsibilities of clubs and media in player wellbeing [3][4] - Sports.com branding will be integrated across the venue, emphasizing the company's commitment to leading discussions on fan engagement and player care [5] Notable Attendees - The event will feature a lineup of football legends, enhancing its prestige and providing a platform for meaningful conversations within the industry [5] Other Sponsors - Alongside Lottery.com, other sponsors include KNVB, La Liga, and Special Olympics, indicating a diverse support network for the event [6]