8-K - Lottery.com Inc. (0001673481) (Filer)

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8-K - Lottery.com Inc. (0001673481) (Filer)

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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

FORT WORTH, Texas, Feb. 14, 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 that it has entered into a Memorandum of Understanding ("MOU") with PlusEVO Ltd. to acquire an advanced lottery management system and gaming platform, strengthening its international expansion efforts. The platform is designed to support multiple gaming applications, including lottery and sweepstakes, that provide a localized user-experience while adhering to all regulatory requirements. This purchase is part of the Company's previously announced plans to launch and generate revenue

FORT 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 sponsor for six global events including Soccerex 2025 for MENA, Europe and USA to be held in Cairo, Amsterdam and Miami, respectively.  This collaboration will provide the Company with an influential platform to engage with key stakeholders in the

FORT WORTH, Texas, Feb. 04, 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 launch of its international lottery operations to meet the evolving demands of customers worldwide. The launch is expected to deliver new revenue generation by the end of March. As part of the launch, Lottery.com has invested in customizing a technology platform to deliver an intuitive, secure and engaging experience tailored to meet the diverse needs of international audiences. The relaunch of the brand reflects the Company's commitment to staying at the forefront of the digita

FORT WORTH, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- On November 20, 2024, Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or "the Company") received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that, as a result of not having timely filed the Form 10-Q for the period ended September 30, 2024 with the SEC, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires timely filing of all required periodic financial reports with the SEC. Additionally, the Notice indicated that under the Nasdaq Listing Rules, the Company may submit a plan to regain compliance with the Listing Rule within 60 days and, followi

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,

FORT WORTH, Texas, Oct. 17, 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). The Company's turnaround efforts which began in late 2022, were designed to address numerous operational and financial challenges, which included regulatory inquiries; regaining full compliance with Nasdaq listing and SEC reporting requirements; staff restructuring; as well

LONDON, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Sports.com, a global leader in digital sports entertainment and a key brand of Lottery.com Inc. (NASDAQ:LTRY, LTRYW))), has made substantial progress in expanding its platform's reach and content offerings achieving a major milestone in its global expansion. Sports.com now offers coverage of over 40 Sports and live event content across multiple regions strengthening its presence in the US, Europe, Africa, the Middle East, and Asia. Sports.com's commitment to providing users with some of the most compelling sports content has been further developed with the recent announcement of the acquisition of CMF Media - a dynamic programming and original co

FT. WORTH, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY) ("Lottery.com" or "the Company"), an online lottery and digital entertainment provider, is pleased to announce that it has signed a Memorandum of Understanding (MOU) to acquire CMF Media, an award-winning sports content production house. The acquisition, valued at $1 million, will be paid entirely in common stock of Lottery.com to be issued at $3.00 per share. CMF is owned by Charlie Bingham and Miguel Sánchez and will be integrated under the Sports.com brand, which is wholly owned by Lottery.com. The CMF acquisition is part of the broader buy and build strategy to be executed via a series of acquisitions

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 Middle East. With increasing global demand for high-quality sports entertainment, particularly for core sporting events, Sports.com continues to lead the industry. By partnering with

Chardan Capital Markets initiated coverage of Lottery.com with a rating of Buy and set a new price target of $14.00

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

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,

AUSTIN, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Lottery.com, Inc. (NASDAQ:LTRY, LTRYW))) ("Lottery.com" or the "Company") names Christopher Anderson Gooding to its board of directors. His appointment is another important step in a new era of compliance with Nasdaq for the Company. Christopher Gooding brings decades of service at respected law firms, predominantly within the heart of London's financial district. His professional journey began as an Assistant Solicitor at Clifford Turner in London and Dubai, advancing to a 15-year tenure at Clyde & Co. A consummate legal strategist, he also served as a partner at LeBoeuf Lamb Greene & MacRae and Howard Kennedy. Notably, from 1999 to 2009,

AUSTIN, Texas, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Lottery.com, Inc. (NASDAQ:LTRY, LTRYW))) ("Lottery.com" or the "Company") announces the successful conclusion of its 2023 Annual Meeting of Stockholders (the "Meeting"), held in a virtual-only format. The Meeting yielded significant positive outcomes, instilling confidence in the Company's trajectory among investors and stakeholders with shareholders embracing the reverse stock split and showing overwhelming support for the Company's vision. After the Meeting, the Company's Board of Directors (the "Board") approved a final ratio of 20-for-1 for the reverse stock split (the "Split"), which was within the parameters approved by the shareholde

AUSTIN, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Lottery.com, Inc. (NASDAQ:LTRY, LTRYW))) ("Lottery.com" or the "Company") is pleased to announce two significant milestones in its journey towards revenue growth and stability. The Company has successfully regained compliance with another Nasdaq listing requirement and secured a credit facility with United Capital Investments London, Ltd. ("UCIL"). Lottery.com has reached a definitive agreement with UCIL for a credit facility that sets the foundations for a more stable financial future for the business and a platform for growth. The agreement provides the Company with an initial loan of $1 million, along with an additional credit facility o

AUSTIN, Texas, July 21, 2023 (GLOBE NEWSWIRE) -- Lottery.com, Inc. (NASDAQ:LTRY, LTRYW))) ("Lottery.com" or the "Company") announces that United Capital Investments London, Ltd. ("UCIL") has agreed to enter into a funding agreement with the Company. The terms and conditions of the funding agreement with UCIL will be announced after the definitive agreement is finalized. The Company also announces changes to its Board of Directors and executive management aimed at further enhancing corporate governance and strategic leadership, by drawing from deep talent within the world of finance, entertainment and sport. These changes reflect the Company's commitment to sustained growth and innovation i

SPICEWOOD, TX / ACCESSWIRE / April 10, 2023 / Lottery.com, Inc. (NASDAQ:LTRY)(NASDAQ:LTRYW) (the "Company" or "Lottery.com")announces it has appointed experienced attorney, Nick Kounoupias, as an independent member of the Company's Board of Directors. The appointment is part of its restructuring and initiative to improve its disclosure and reporting controls to help the Company return to compliance with Nasdaq's continued listing requirements.Mr. Kounoupias is a respected attorney with almost 40 years' experience with digital, media and technology companies with a strong practice focus on corporate, governance and Intellectual Property (IP) across multiple sectors. He has worked both within