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
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A Media Snippet accompanying this announcement is available by clicking on this link. LEXINGTON, Ohio, July 04, 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 announced that the Lottery.com and Sports.com-sponsored driver trio returns to action this weekend for Round Nine of the 2025 NTT INDYCAR SERIES and INDY NXT by Firestone Championships at one of the sport's most historic and technical venues: the Mid-Ohio Sports Car Course. Set in the rolling hills of Ohio, the 13-turn, 2.258-mile permanent road course is known
FORT WORTH, Texas, June 27, 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 confirmed that it is nearing legal proof of a coordinated and unlawful ‘short and distort' campaign targeting the Company. In collaboration with its legal counsel, Paul Hastings LLP, the Company is actively pursuing all individuals and entities engaged in market manipulation intended to damage the Company's share price and reputation. Christopher Gooding, Independent Director of Lottery.com and a member of the Audit Committee with responsibility for legal affairs,
FORT WORTH, Texas, June 26, 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 announced it is advancing its global expansion with the planned launch of the Sports.com Super App (the "Super App")—a first-of-its-kind digital destination for sports fans worldwide. The Super App is designed to combine live streaming, social engagement, e-commerce and gamification into a single immersive ecosystem. The Super App, which is scheduled to launch in select global markets in Q3 2025, will initially focus on soccer and motorsport—two verticals Sports.
FORT WORTH, Texas, June 24, 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 announced the appointment of Tim Scoffham as Chief Executive Officer of Sports.com Media Group Limited ("Sports.com Media") and Lottery.com International Limited ("Lottery.com International"), effective immediately. The appointment follows a successful consultancy period beginning in May 2024, during which Tim helped shape the Company's global growth strategy across iGaming and digital sports media. With more than 20 years of leadership in gaming, media, and entert
ELKHART LAKE, Wis., June 23, 2025 (GLOBE NEWSWIRE) -- On one of the most technically demanding and tactically complex weekends of the NTT INDYCAR SERIES and INDY NXT by Firestone seasons, Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) and Sports.com-backed drivers impressed fans and analysts alike with strong performances at Road America—a legendary 6.51-km road course nestled in the woodlands of Wisconsin. Famed as America's National Park of Speed, Road America's long straights, fast corners, and razor-thin margins for error made for thrilling racing across both IndyCar and Indy NXT, with multiple cautions and tire strategies shaping the outcome of a hot and hard-fought weekend. A Media Snipp
FORT WORTH, Texas, June 23, 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 that it has successfully executed an Amendment to its Stock Purchase Agreement with Generating Alpha Ltd., expanding the committed financing facility from $100 million to $300 million, while reducing the discount Generating Alpha receives saving the Company nearly $12 million over the life of the funding facility. This strategic amendment reflects the deepening partnership between Lottery.com and Generating Alpha, and includes materially improved terms for the
FORT WORTH, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) ("Lottery.com" or "the Company") received formal notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00 (the "Rule"). The Company met this requirement by maintaining a closing bid price of $1.00 or higher for twenty consecutive business days from May 21 through June 18, 2025. Nasdaq has officially closed the matter. This confirmation marks more than just a technical compliance milestone—it underscores the momentum Lottery.com has built in recent weeks. In t
LONDON, June 17, 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 announced the appointment of internationally celebrated actor, producer, and entrepreneur Tamer Hassan as President of Sports.com Studios, its newly formed content division focused on film, docuseries, and original programming. A Director for Lottery.com since June 2023, Mr. Hassan brings a distinguished career spanning over 25 years in international film and television. He is widely known for iconic roles in productions such as Layer Cake, The Business, The Football Factory,
FORT WORTH, Texas, June 17, 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, leadership represented the Company and its Sports.com brand at several high profile industry events. Chairman and CEO Matthew McGahan, Dennis Wise (Sports.com Ambassador and FIFA Board in Diploma Club Management), and Marc Bircham (Director, Sports.com), attended a series of events in Los Angeles over the weekend in conjunction with the FIFA Club World Cup's U.S. kickoff ahead of the 2026 FIFA World Cup. The trio were present at the Paris Saint-Germain vs. Atlético Madri
MADISON, Ill., June 16, 2025 (GLOBE NEWSWIRE) -- It was a weekend of high drama, fast pace, and standout performances across both the NTT INDYCAR SERIES and INDY NXT by Firestone, as Sports.com and Lottery.com drivers Callum Ilott, Louis Foster and Sebastian Murray took to the high-speed oval at World Wide Technology Raceway under the lights. With brand presence across all three cars, the weekend marked another milestone for Lottery.com Inc. (NASDAQ:LTRY, LTRYW)) and Sports.com, further reinforcing their commitment to elite and emerging talent across the motorsport ladder. Callum Ilott: Commanding Drive Ends in Fuel-HeartbreakPREMA Racing's Callum Ilott produced a sensational performance
LONDON, June 17, 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 announced the appointment of internationally celebrated actor, producer, and entrepreneur Tamer Hassan as President of Sports.com Studios, its newly formed content division focused on film, docuseries, and original programming. A Director for Lottery.com since June 2023, Mr. Hassan brings a distinguished career spanning over 25 years in international film and television. He is widely known for iconic roles in productions such as Layer Cake, The Business, The Football Factory,
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'
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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