Lottery.com Inc., a technology company, operates mobile and online platforms for lottery games. It enables players and commercial partners located in the United States and internationally to remotely purchase legally sanctioned lottery games. The company is based in Spicewood, Texas.
IPO Year: 2023
Exchange: NASDAQ
Website: lottery.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/23/2021 | $14.00 | Buy | Chardan Capital Markets |
Chardan Capital Markets initiated coverage of Lottery.com with a rating of Buy and set a new price target of $14.00
ST. LOUIS, June 12, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or "the Company"), a leading technology company alongside its Sports.com brand, collectively transforming the intersection of gaming, sports and entertainment, announces its continued and expanded sponsorship across both the NTT IndyCar and IndyNXT by Firestone series with its partnered drivers—Callum Ilott , Louis Foster and Sebastian Murray prepare to take on the World Wide Technology Raceway (Gateway) oval this Saturday night. This marks the first time that both Lottery.com and Sports.com branding will be featured across three race entries in a single weekend—an extraordinary show of supp
FORT WORTH, Dallas, June 11, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or "the Company"), a leading technology company transforming the intersection of gaming, sports and entertainment, today announces its growth strategy for Nook Holdings Limited ("Nook"), the UAE-based sports and wellness incubator located at One JLT, Dubai. The Company is expected to complete its acquisition of a ninety percent (90%) ownership stake in Nook on or before June 30, 2025. The Company has unveiled a strategic, multi-market rollout plan for its Sports.com-branded co-working and incubation model. This forms part of the Company's broader platform growth strategy designed
DUBAI, United Arab Emirates, June 11, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or "the Company"), a leading technology company transforming the intersection of gaming, sports and entertainment, announces the signing of an amended Stock Purchase Agreement ("SPA") for its planned acquisition of Nook Holdings Limited ("Nook"), a pioneering sports, health and wellness incubator based in Dubai, United Arab Emirates. The acquisition, valued at approximately $2.5 million USD, is an all-cash deal, underscoring Lottery.com's strategic commitment to global growth and innovation in sports and wellness. Upon completion, the Company will control ninety percent (
FORT WORTH, Texas, June 05, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or the "Company"), a leading technology company in digital lottery, sports and entertainment, is proud to announce the extension of its sponsorship with British motorsport professional Louis Foster. This agreement reinforces Lottery.com's strategic commitment to increasing global brand exposure and shareholder value via premier motorsport partnerships. Under the terms of the extended agreement, the Sports.com logo will be displayed on Foster's helmet and the front wing endplates of the Rahal Letterman Lanigan (RLL) Racing #45 IndyCar for the remainder of the 2025 season. The sponsors
FORT WORTH, Texas, June 05, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY), a leading technology company transforming the intersection of gaming, sports and entertainment, announced that its Chairman and CEO, Matthew McGahan, will present at the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference on Thursday, June 5, 2025, at 1:30 PM Eastern Time. The presentation will highlight Lottery.com's recently completed corporate turnaround, the launch of its two new growth divisions — Lottery.com Domestic and International and Sports.com Media and Ventures — and its plans for accelerated growth following the effectiveness of its S-1 registration statement and the securin
FORT WORTH, Texas, June 03, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or the "Company"), a leading technology company transforming the intersection of gaming, sports and entertainment, announced today that it has commenced an investigation into potential short selling activities in its stock. The Company has engaged legal counsel from Paul Hastings LLP to conduct the investigation. The Company believes that there may have been dissemination of false information relating to the Company with the objective of driving down its stock price and damaging its business. The Company also believes that it may have been the victim of illegal naked short selling in
FORT WORTH, Texas, June 02, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or the "Company"), a leading technology company in digital lottery and sports entertainment, was notified that Plaintiff Dawn Nettles filed a notice on May 30, 2025 that she is "taking a Nonsuit Without Prejudice Against All Parties Effective Immediately" (the "Notice") in Case No. 25-BC11A-0026; Dawn Nettles vs. Rook TX LP, Gary N. Grief, Lottery.com Inc. (The "Suit"). The suit was originally filed in the 333rd District Court in Harris County, Texas and later moved to Business Court Division 11a. It made a series of unfounded allegations against Lottery.com's operations and conduct
DETROIT, June 02, 2025 (GLOBE NEWSWIRE) -- It was a weekend of milestones and resilience for Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or "the Company") and Sports.com as their drivers took on the challenging Streets of Detroit in both the NTT INDYCAR SERIES and INDY NXT by Firestone. Leading the charge was Scottish rising star Sebastian Murray, who delivered his best career finish in INDY NXT, securing an impressive P6 after a determined drive through the field. Having qualified strongly on the street circuit for the first time, Murray kept his composure during a chaotic start that eliminated several competitors, including his own teammate. Despite sustaining slight rear-end
DETROIT, May 30, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW))("the Company" or "Lottery.com") and Sports.com, the next-generation sports media platform, are proud to announce their continued sponsorship of three exceptionally talented drivers — Callum Ilott, Louis Foster and Sebastian Murray — as they take to the streets of Detroit this weekend in both the NTT INDYCAR SERIES and INDY NXT by Firestone. Lottery.com branded helmet worn by Callum Ilott Callum Ilott: Lottery.com Helmet Deal Extended Through 2025Following his standout showing at the Indianapolis 500, Callum Ilott will now wear the Lottery.com logo front and center on his custom helmet for the remainder of
FORT WORTH, Texas, May 28, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or the "Company"), a leading technology company in digital lottery, sports and entertainment, announces that its registration statement on Form S-1 has been declared effective by the U.S. Securities and Exchange Commission as of May 14, 2025. This milestone unlocks access to a previously announced $100 million financing facility ("Financing Facility") with Generating Alpha Ltd., providing the Company with financial flexibility to execute its aggressive acquisition and growth strategy. This announcement follows a week of extraordinary market performance, with over 275 million shares tr
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LONDON, May 21, 2025 (GLOBE NEWSWIRE) -- Sports.com, the global destination for immersive sports media and live fan engagement, is proud to announce the appointment of Dennis Wise as a Founding Ambassador. Wise joins an elite ambassadorial team that includes former QPR and Millwall star Marc Bircham, actor and director Tamer Hassan, and military adventurer and TV personality Ant Middleton. Dennis Wise is one of English football's most respected figures, both on and off the pitch. Over the course of a 21-year playing career, he earned 21 caps for England, captained Chelsea FC during its golden era, and won seven major trophies including the UEFA Cup Winners' Cup and three FA Cups. Followi
FORT WORTH, Texas, May 13, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or the "Company"), a leading technology company in digital lottery, sports and entertainment, announces the appointment of Marc Bircham to its Board of Directors as an Executive Director. Currently serving as Director of Sports.com since March 2024, Bircham has played an instrumental role in advancing the Company's expansion into global sports media and football club acquisitions. A UEFA Pro License holder, he has held senior coaching and managerial roles in England, Ireland, Italy, the USA, Canada and the Caribbean. Bircham is widely regarded as a Queens Park Rangers (QPR) legend an
FORT 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 positioning the Company for success in both domestic and international markets. The April 2025 Annual General Meeting and Investors Lunch at Mar-a-Lago celebrated the close of Lottery.com's financial restructuring. Key Achievements: $150 Mil
FORT WORTH, Texas, April 11, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or the "Company" or the "Defendant"), a leading technology company in digital lottery and sports entertainment, today announced another significant legal victory on April 9, 2025 as the United States District Court for the Western District of Texas denied a motion for reconsideration brought by Yes Period, LLC. The case styled Yes Period, LLC d/b/a Serenity Software v. Lottery.com, Inc. d/b/a Sports.com Inc. d/b/a AutoLotto.com, Inc. (Case No. 1-23-CV-00616), originally dismissed without prejudice in November 2024, remains dismissed, marking the ninth lawsuit dismissed since the appo
FORT WORTH, Texas, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or the "Company"), a leading technology company in digital lottery and sports media & entertainment, announces the successful results of its annual shareholder meeting conducted today from the Mar-a-Lago Club in Palm Beach, Florida. The Company presented four proposals to the shareholders, all of which passed by a wide margin. One key decision facing shareholders was whether to authorize the Company's Board of Directors (the "Board") to effectuate a reverse stock split. The Board reviewed market conditions after the close of the US Market regular trading session today and unanimously
FORT WORTH, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or the "Company"), a leading technology company in digital lottery and sports entertainment, announces the establishment of a global advisory board (the "Advisory Board") to provide active strategic guidance and support the Company's growth, structure and expansion into new markets. The Advisory Board will focus on the Company's two primary brands, Lottery.com and Sports.com, along with its subsidiaries. As Lottery.com navigates complex opportunities for growth, the Advisory Board will offer steady leadership, bringing together industry leaders with deep experience in gaming, t
NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRY))), a leading technology company transforming how, where, and when lottery and sports media content is delivered, today announces a significant step to accelerate its global expansion efforts. Lottery.com has engaged Cohen & Company Capital Markets ("CCM"), a division of J.V.B. Financial Group, LLC, as its financial advisor to help oversee and structure its acquisition strategy. The Company's "buy and build" strategy is backed by the United Capital Investments Limited ("UCIL") $150 million loan facility with support from strategic investors, such as Prosperity Investment Management. Under the new agreement, eff
AUSTIN, Texas, April 22, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW))) ("Lottery.com" or the "Company"), a leading technology company in the lottery and gaming sector, is pleased to announce the nomination of Warren Macal to its Board of Directors. Macal will be seated as a director at the Company's next Board of Directors meeting following the successful completion of required background checks. Macal's nomination follows the December 2023 $18 million investment commitment from Prosperity Investment Management ("PIM"), subject to due diligence. The investment commitment by PIM is aimed at accelerating Lottery.com's strategic acquisitions and market development initi
AUSTIN, Texas, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW))) ("Lottery.com" or the "Company"), a leading online lottery services provider announces the strategic acquisition of S&MI Ltd. ("SportLocker"). As part of the acquisition, SportLocker, rebranded as Sports.com, will immediately launch as a premier platform for sports fans worldwide, marking a pivotal leap in Sports.com's evolution as the next-gen digital sports entertainment space. The platform merges innovative community-driven aspects with expansive content and technology, creating a new era of sports engagement. Details of Acquisition The stock-based acquisition is a significant step in Sports.com'
LONDON, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Sports.com, Inc. ("Sports.com" or the "Company"), a wholly owned subsidiary of Lottery.com, Inc. (NASDAQ:LTRY, LTRYW))) ("Lottery.com"), announces the appointment of Marc Bircham as its new Director and Head of Business Development. Bircham brings a wealth of knowledge and expertise to the team from a stellar career as both a professional football (soccer) player and coach, to his extensive experience in the sports media industry. The announcement was made in conjunction with ICE London 2024. Marc Bircham's appointment comes at a time when Sports.com is actively exploring a number of opportunities in football including potential club acquisitions,
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FORT WORTH, Texas, March 19, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or the "Company"), a leading technology company in digital lottery and sports entertainment, has completed the acquisition of Spektrum Ltd from PlusEvo Ltd through a signed Share Purchase Agreement (SPA) on March 13, 2025. This acquisition, valued at $1.5 million in common stock at $3 per share, supports Lottery.com's strategic expansion and the development of Lottery.com International. The acquisition provides the Company with a compliant platform to support lottery, sweepstakes and social gaming operations in dozens of international jurisdictions. Matthew McGahan, Chairman and CEO
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 letter to the Company's shareholders to address the Company's future and address accusations made again the Company and its directors and executives. McGahan wrote: Dear Shareholders,
First quarter 2022 revenue of $21.2 million, up $15.7 million from the prior-year period First quarter 2022 gross profit of $18.0 million, up $15.5 million from the prior-year period First quarter 2022 net loss of $15.8 million, Adjusted EBITDA of $7.7 million1 AUSTIN, Texas, May 16, 2022 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW))) ("Lottery.com" or the "Company"), a leading technology company that is transforming how, where and when the lottery is played, reported financial results for the first quarter ended March 31, 2022. Tony DiMatteo, Lottery.com Co-Founder and CEO, commented, "I'm pleased with our first quarter results and the team's continued focus on our core b
AUSTIN, Texas, May 02, 2022 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW))), a leading technology company that is transforming how, where and when the lottery is played, today announced that it will hold a conference call on Monday, May 16, 2022 at 8:30 a.m. ET to discuss its results for the first quarter ended March 31, 2022. A press release detailing these results will also be issued on May 16, 2022 prior to the conference call. A live webcast of the conference call will be available on the Investor Relations section of the Lottery.com website at https://ir.lottery.com. For those who cannot listen to the live webcast, a replay of the conference call will be available on the
Fourth quarter 2021 revenue of $21.5 million, up $18.2 million versus prior-year period Full year 2021 revenue of $68.5 million, an increase of $61.0 million versus 2020 Full year 2021 pro forma revenue of $70.5 million, including acquired interest in Mexican entities¹ Full year 2021 net loss of $9.3 million Full year 2021 Adjusted EBITDA of $31.1 million¹ AUSTIN, Texas, March 31, 2022 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW))) ("Lottery.com" or the "Company"), a leading technology company that is transforming how, where and when the lottery is played, reported financial results for the fourth quarter and full year ended December 31, 2021. On October 29, 2021, the Co
AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW))), a leading technology company that is transforming how, where and when the lottery is played, today announced that it will hold a conference call on Thursday, March 31, 2022 at 8:30 a.m. ET to discuss its results for the fourth quarter and full year ended December 31, 2021. A press release detailing these results will also be issued on March 31, 2022 prior to the conference call. A live webcast of the conference call will be available on the Investor Relations section of the Lottery.com website at https://ir.lottery.com. For those who cannot listen to the live webcast, a replay of the conference ca