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$LTRY Major Acquisition and Growth Strategy in Play for 2025 Including Remote Lottery Platform
FORT WORTH, Texas - Michimich -- Mobile & Online Platforms Enable Players and Commercial Partners in the U.S. and Internationally to Remotely Purchase Legally Sanctioned Lottery Games.
Real-Time Results for Over 800 Lottery Games From More Than 40 Countries.
Family of Brands Including Sports.com, Concerts.com, and TicketStub.com, to Form a Unified Ecosystem That Integrates Gaming, Entertainment and Sports.
$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App
Expanding Committed Financing Facility From $100 Million to $300 Million with Generating Alpha, Saving $12 Million Over the Life of the Facility.
LTRY Regains Nasdaq Compliance as Stock Trading Activity Soars.
Actor and Director Tamer Hassan Appointed President of LTRY Sports.com Studios.
Multi-Series Talent and high Brand Exposure in INDYCAR and INDY NXT at Gateway Race Events.
Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport.
Agreement To Acquire 90% Ownership Stake in Nook Holdings, UAE-Based Sports Incubator.
LOI for 51% Majority Stake in DotCom Ventures Inc., with Premium Domain Assets Concerts.com and TicketStub.com, in a Transaction Valued at $10 Million.
TicketStub.com to Operate Focused on Alternative Entertainment Verticals Including Festivals, Comedy, eSports and Lifestyle Events.
Lottery.com Inc., (N A S D A Q: LTRY) is a leading technology company that is transforming how, where and when lottery is played. The LTRY engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. Fans and subscribers look to LTRY for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, LTRY is fundamentally changing how non-profit donors are incentivized to action by gamifying charitable giving. The LTRY mission remains an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives.
The LTRY family of brands — including Sports.com, Concerts.com, and TicketStub.com, is a unified ecosystem that integrates gaming, entertainment and sports.
More than just an app, but a complete lottery experience on the phone, LTRY gives users instant access to all the winning numbers, jackpot sizes, and draw times for all their favorite lotteries. Plus, LTRY will even let users know when the jackpots reach a size worth playing.
$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App
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On June 26th LTRY 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 LTRY Super App, which is scheduled to launch in select global markets in Q3 2025, will initially focus on soccer and motorsport—two verticals Sports.com has been aggressively expanding into through a series of high-profile sponsorships and strategic initiatives. The LTRY Super App will be built on an existing platform development by Galaxy Racer Holdings Limited ("GXR"), The GXR app has achieved more than one million monthly active subscribers organically, demonstrating significant early traction and category-defining potential.
The LTRY Super App will integrate six primary features into a single experience: live streaming, community chat hubs, stats-based social media, e-commerce, real-money and fantasy sports gaming, and sports news. The LTRY Super App aims to engage fans across the full lifecycle of the sports experience, tapping into the 4–5 hours of average fan interaction beyond match time each week.
Revenue streams will include premium streaming subscriptions, in-app advertising, merchandising and interactive gamified challenges. Plans are underway to extend into additional sports verticals and incorporate immersive streaming experiences later this year.
To accelerate the development timeline for the Super App, LTRY has signed a Letter of Intent (LOI) to acquire a 51% controlling interest in the sports and technology assets of GXR, valuing the transaction at $10 million pre-money.
All GXR unencumbered assets, including its tech stack and user base, will be transferred to a new entity (NewCo), of which LTRY will initially own 51%. The agreement includes a call option to acquire 100% ownership of NewCo by the end of 2027. Exclusivity has been secured through June 30, 2025, with an automatic 30-day extension, and closing is anticipated on or before August 1, 2025.
Lottery.com Expands Committed Financing with Generating Alpha to $300 Million
On June 23rd LTRY announced 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 company:
Facility Increased from $100 million to $300 million, enabling more accretive, cash-generating acquisitions to support share price growth.
Discount Rate Increased from 90% to 94%, reducing the effective discount to just 6%.
Removal of the trading cushion allows greater flexibility in capital deployment.
Simplified Put Mechanism aligned with investor protections.
LTRY has successfully drawn down $1.87 million in recent weeks. This capital has been used for core business operational expenses, along with funding revenue-generating acquisitions and delivering tangible value to shareholders.
Lottery.com and Sports.com Drivers Shine at Road America
More on Michimich.com
Also on June 23rd LTRY announced that the NTT INDYCAR SERIES and INDY NXT by Firestone seasons, Lottery.com 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.
LTRY Regains Nasdaq Compliance as Stock Trading Activity Soars
LTRY has received formal notice from The N A S D A Q Stock Market LLC confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00. LTRY 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 LTRY has built in recent weeks. In the 20-day period leading up to regaining compliance with Rule, LTRY stock experienced exceptional market activity, with daily trading volumes frequently exceeding 30 million shares. On May 27, 2025, LTRY recorded trading volume of more than 166 million shares, ranking among the most actively traded stocks on Nasdaq that day.
Acclaimed Actor and Director Tamer Hassan Appointed as President of LTRY Sports.com Studios
On June 17th LTRY 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.
Lottery.com and Sports.com Showcase Multi-Series Talent in INDYCAR and INDY NXT at Gateway
Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport
Also on June 16th LTRY and Sports.com announced a sponsorship agreement with Racing Women LLC, the movement pioneering access and opportunity for women in motorsports and STEM programs worldwide.
The LTRY sponsorship will support three events in 2025: a high-performance driver training camp this August, followed by two high-profile Radical races at Donington Park (UK) in September and Virginia International Raceway (USA) in November. It underscores the LTRY commitment to fostering gender equality in sport and investing in the high-growth, high-impact landscape of women's athletics, a global market that continues to surge in participation, media value and fan engagement.
Lottery.com To Increase Ownership Stake in Nook Holdings, UAE-Based Sports Incubator
On June 11th LTRY announced the signing of an amended Stock Purchase Agreement for its planned acquisition of Nook Holdings Limited, 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 the LTRY strategic commitment to global growth and innovation in sports and wellness. Upon completion, LTRY will control ninety percent (90%) of Nook. The deal is expected to close on or before June 30, 2025.
Nook has become a cornerstone of the UAE's sports and wellness ecosystem. Over the past five years, it has fulfilled its mission to support startups and small businesses establish operations, obtain licenses, register for VAT and gain community support. Its exclusive partnership with Dubai's DMCC Free Zone and its high-visibility location at One JLT have made it the go-to destination for sports entrepreneurs in the region.
For more information on LTRY visit: https://www.lottery.com or https://compasslivemedia.com/ltry/
Media Contact:
Company Names: Lottery.com Inc., (N A S D A Q: LTRY, LTRYW)
Contact: Matthew McGahan, Chairman and CEO
Email: ir@lottery.com
Phone: (737) 309-4500
Country: United States
Website: https://www.lottery.com
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website
Real-Time Results for Over 800 Lottery Games From More Than 40 Countries.
Family of Brands Including Sports.com, Concerts.com, and TicketStub.com, to Form a Unified Ecosystem That Integrates Gaming, Entertainment and Sports.
$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App
Expanding Committed Financing Facility From $100 Million to $300 Million with Generating Alpha, Saving $12 Million Over the Life of the Facility.
LTRY Regains Nasdaq Compliance as Stock Trading Activity Soars.
Actor and Director Tamer Hassan Appointed President of LTRY Sports.com Studios.
Multi-Series Talent and high Brand Exposure in INDYCAR and INDY NXT at Gateway Race Events.
Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport.
Agreement To Acquire 90% Ownership Stake in Nook Holdings, UAE-Based Sports Incubator.
LOI for 51% Majority Stake in DotCom Ventures Inc., with Premium Domain Assets Concerts.com and TicketStub.com, in a Transaction Valued at $10 Million.
TicketStub.com to Operate Focused on Alternative Entertainment Verticals Including Festivals, Comedy, eSports and Lifestyle Events.
Lottery.com Inc., (N A S D A Q: LTRY) is a leading technology company that is transforming how, where and when lottery is played. The LTRY engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. Fans and subscribers look to LTRY for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, LTRY is fundamentally changing how non-profit donors are incentivized to action by gamifying charitable giving. The LTRY mission remains an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives.
The LTRY family of brands — including Sports.com, Concerts.com, and TicketStub.com, is a unified ecosystem that integrates gaming, entertainment and sports.
More than just an app, but a complete lottery experience on the phone, LTRY gives users instant access to all the winning numbers, jackpot sizes, and draw times for all their favorite lotteries. Plus, LTRY will even let users know when the jackpots reach a size worth playing.
$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App
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On June 26th LTRY 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 LTRY Super App, which is scheduled to launch in select global markets in Q3 2025, will initially focus on soccer and motorsport—two verticals Sports.com has been aggressively expanding into through a series of high-profile sponsorships and strategic initiatives. The LTRY Super App will be built on an existing platform development by Galaxy Racer Holdings Limited ("GXR"), The GXR app has achieved more than one million monthly active subscribers organically, demonstrating significant early traction and category-defining potential.
The LTRY Super App will integrate six primary features into a single experience: live streaming, community chat hubs, stats-based social media, e-commerce, real-money and fantasy sports gaming, and sports news. The LTRY Super App aims to engage fans across the full lifecycle of the sports experience, tapping into the 4–5 hours of average fan interaction beyond match time each week.
Revenue streams will include premium streaming subscriptions, in-app advertising, merchandising and interactive gamified challenges. Plans are underway to extend into additional sports verticals and incorporate immersive streaming experiences later this year.
To accelerate the development timeline for the Super App, LTRY has signed a Letter of Intent (LOI) to acquire a 51% controlling interest in the sports and technology assets of GXR, valuing the transaction at $10 million pre-money.
All GXR unencumbered assets, including its tech stack and user base, will be transferred to a new entity (NewCo), of which LTRY will initially own 51%. The agreement includes a call option to acquire 100% ownership of NewCo by the end of 2027. Exclusivity has been secured through June 30, 2025, with an automatic 30-day extension, and closing is anticipated on or before August 1, 2025.
Lottery.com Expands Committed Financing with Generating Alpha to $300 Million
On June 23rd LTRY announced 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 company:
Facility Increased from $100 million to $300 million, enabling more accretive, cash-generating acquisitions to support share price growth.
Discount Rate Increased from 90% to 94%, reducing the effective discount to just 6%.
Removal of the trading cushion allows greater flexibility in capital deployment.
Simplified Put Mechanism aligned with investor protections.
LTRY has successfully drawn down $1.87 million in recent weeks. This capital has been used for core business operational expenses, along with funding revenue-generating acquisitions and delivering tangible value to shareholders.
Lottery.com and Sports.com Drivers Shine at Road America
More on Michimich.com
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Also on June 23rd LTRY announced that the NTT INDYCAR SERIES and INDY NXT by Firestone seasons, Lottery.com 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.
LTRY Regains Nasdaq Compliance as Stock Trading Activity Soars
LTRY has received formal notice from The N A S D A Q Stock Market LLC confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00. LTRY 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 LTRY has built in recent weeks. In the 20-day period leading up to regaining compliance with Rule, LTRY stock experienced exceptional market activity, with daily trading volumes frequently exceeding 30 million shares. On May 27, 2025, LTRY recorded trading volume of more than 166 million shares, ranking among the most actively traded stocks on Nasdaq that day.
Acclaimed Actor and Director Tamer Hassan Appointed as President of LTRY Sports.com Studios
On June 17th LTRY 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.
Lottery.com and Sports.com Showcase Multi-Series Talent in INDYCAR and INDY NXT at Gateway
Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport
Also on June 16th LTRY and Sports.com announced a sponsorship agreement with Racing Women LLC, the movement pioneering access and opportunity for women in motorsports and STEM programs worldwide.
The LTRY sponsorship will support three events in 2025: a high-performance driver training camp this August, followed by two high-profile Radical races at Donington Park (UK) in September and Virginia International Raceway (USA) in November. It underscores the LTRY commitment to fostering gender equality in sport and investing in the high-growth, high-impact landscape of women's athletics, a global market that continues to surge in participation, media value and fan engagement.
Lottery.com To Increase Ownership Stake in Nook Holdings, UAE-Based Sports Incubator
On June 11th LTRY announced the signing of an amended Stock Purchase Agreement for its planned acquisition of Nook Holdings Limited, 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 the LTRY strategic commitment to global growth and innovation in sports and wellness. Upon completion, LTRY will control ninety percent (90%) of Nook. The deal is expected to close on or before June 30, 2025.
Nook has become a cornerstone of the UAE's sports and wellness ecosystem. Over the past five years, it has fulfilled its mission to support startups and small businesses establish operations, obtain licenses, register for VAT and gain community support. Its exclusive partnership with Dubai's DMCC Free Zone and its high-visibility location at One JLT have made it the go-to destination for sports entrepreneurs in the region.
For more information on LTRY visit: https://www.lottery.com or https://compasslivemedia.com/ltry/
Media Contact:
Company Names: Lottery.com Inc., (N A S D A Q: LTRY, LTRYW)
Contact: Matthew McGahan, Chairman and CEO
Email: ir@lottery.com
Phone: (737) 309-4500
Country: United States
Website: https://www.lottery.com
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website
Source: Corporate Ads
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