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.c ...

Core Insights - Sports.com has partnered with Orange Middle East and Africa S.A. to provide sports video streaming and news content on Max it, enhancing its global growth strategy and offering access to premier sports content for millions in Africa and the Middle East [1][3][11] Group 1: Partnership and Strategy - The collaboration with Orange's Max it super-app marks a significant milestone for Sports.com, integrating sports content into a platform designed to transform digital engagement in the region [1][3] - Max it is designed to simplify daily life by integrating telecommunications, financial services, and e-commerce, and now includes Sports.com's offerings, providing users with live sports coverage and real-time updates [2][3] Group 2: Market Reach and User Engagement - The partnership aims to unlock access to top-tier sports programming for users in countries like Ivory Coast, Senegal, and Mali, meeting the demand for high-quality video experiences [4][5] - Orange anticipates that Max it will reach 45 million active users by the end of 2025, with smartphone adoption in the region projected to rise to 61% [6] Group 3: Content Offerings and Expansion - Sports.com now delivers content across more than 40 sports and live events globally, including major leagues and regional highlights, enhancing its position as a leader in localized sports content [8][9] - Recent strategic collaborations have expanded Sports.com's reach, including partnerships with telecom operators in South Africa and launches in multiple countries, aiming to connect large-scale audiences directly to its platform [7][10]

FORT WORTH, Texas, March 28, 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 following favorable judgements from the United States District Court for the Western District of Texas – Austin Division (the “Court”): The Court has ruled in favor of the Company granting with prejudice the Motion to Dismiss for Failure to State a Claim in the case styled Ryan Peterson v. Lotter ...

Core Viewpoint - Lottery.com Inc. has launched Sports.com Studios to create original sports content, aiming to enhance fan engagement, drive revenue, and establish a unique brand identity in the sports entertainment sector [1][9]. Group 1: Fan Engagement and Loyalty - Sports.com Studios will produce exclusive behind-the-scenes footage, player interviews, and custom documentaries to deepen fan engagement and strengthen loyalty to the Sports.com brand [2]. - These initiatives are expected to generate new revenue streams through advertising, sponsorships, and pay-per-view content [2]. Group 2: Brand Differentiation - By offering exclusive sports content, Sports.com aims to establish a distinct identity in the sports entertainment market, driving viewership and enhancing subscription-based revenue [3]. Group 3: Monetization Opportunities - The launch of Sports.com Studios will create multiple revenue streams, including: - Tailored content for social media platforms to boost brand visibility and audience engagement [4]. - High-quality content that attracts brands for advertising and sponsorship opportunities [7]. - Subscription and pay-per-view models similar to successful platforms like Netflix and ESPN+ [7]. - Demand for team-related merchandise and memorabilia through original content [7]. Group 4: Data-Driven Content Strategy - Sports.com Studios will leverage audience insights to refine content strategies and optimize marketing efforts, enhancing the overall fan experience [5]. - The company is committed to user privacy and will implement data security protocols [5]. Group 5: Global Reach - SDCS will produce diverse content formats to appeal to a broad audience, including short-form videos and in-depth documentaries [6]. - The company has signed three global ambassadors to promote SDCS internationally [6].

Core Insights - Lottery.com has completed the acquisition of Spektrum Ltd for $1.5 million in common stock, valued at $3 per share, to enhance its international operations and support the development of Lottery.com International [1][2] - The acquisition is a strategic move aimed at establishing a compliant platform for lottery, sweepstakes, and social gaming operations across various international jurisdictions [1][2] - The company plans to focus on expanding its brand reach and revenue growth in Europe, Africa, and Asia as part of its broader international strategy for 2025 [2] Company Strategy - The acquisition is seen as a pivotal step in Lottery.com's goal to become a globally recognized brand, strengthening its proprietary technology and operational scalability [2] - This deal marks the first of several strategic initiatives planned for 2025, indicating a commitment to both domestic and international expansion [2] - The company aims to relaunch its ticket sales operations and unlock greater geographical revenue opportunities, ultimately delivering increased value to shareholders [2]

BOCA RATON, Fla., March 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, completed its First Quarter Executive Planning meetings on March 13. The multi-day event brought together the Company’s directors, executives, and advisors along with strategic partners to formalize short- and long-term plans. The outcome was a clear plan to shape the future of Lottery.com and Sports.com and a ...

FORT WORTH, Texas, March 07, 2025 (GLOBE NEWSWIRE) -- Yesterday, Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or “the Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) determining that as a result of the closing bid price of the Company’s common share being $1.00 or above for the last twenty business days, the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). Notably, the Company regained compliance with t ...

Core Insights - Lottery.com has entered into a Stock Purchase Agreement to acquire Spektrum Ltd from PlusEVO Ltd for an all-stock transaction valued at $1.5 million, with PlusEVO receiving 500,000 shares of restricted common stock valued at $3 per share over 30 months [1][3] - The acquisition is aimed at enhancing Lottery.com's technology platform to support its international market entry and revenue growth plans, allowing the company to offer additional gameplay options and increase user engagement [2][3] - This move aligns with Lottery.com's strategy to launch international operations by March 31, 2025, and to maximize operational efficiencies and long-term value creation through ownership of proprietary technology [3][4] Company Strategy - The acquisition is part of Lottery.com's broader strategy to expand globally and generate revenue from new markets, which is expected to enhance margins and drive profitable growth [3][4] - The company aims to leverage its proprietary technology to deliver more value to consumers and shareholders, indicating a focus on both market expansion and shareholder returns [4] Market Position - By acquiring technology tailored for international markets, Lottery.com positions itself to compete effectively with European, African, and Asian lottery operators, thereby increasing its market presence and consumer engagement [2][3]

Core Viewpoint - Lottery.com is enhancing its platform to support various advertising formats on Sports.com, aiming to create new revenue streams by leveraging its strong brand equity in the sports industry [1][2]. Group 1: Advertising and Revenue Opportunities - Sports.com will offer brands enhanced visibility through multiple advertising placements, including logos and marketing messages, targeting a valuable audience of sports consumers [2][5]. - The global sports industry generates over $100 billion annually in advertising and sponsorship revenue, positioning Sports.com to capitalize on this multi-billion-dollar market [5]. Group 2: Market Trends and Consumer Behavior - A report from Effectv indicates that sports fans spend an average of 3.2 hours per week watching sports content, highlighting the engagement level of the audience [3]. - The shift in consumer preferences from traditional broadcast to digital platforms is evident, with 55% of live sports viewership occurring on digital platforms in 2024, projected to rise to 63% by 2027 [4]. Group 3: Strategic Partnerships and Future Plans - The integration of live event coverage and broadcasts is planned for Sports.com, following successful streaming of professional boxing matches [4]. - Potential future acquisitions, such as a UK football club, could further enhance branding opportunities for advertisers through stadium and team sponsorships [2].

Core Insights - Lottery.com Inc. has launched its international lottery operations, marking its first revenue-generating expansion into new territories since its relaunch [1] - The company is investing in a cutting-edge lottery technology platform to meet the diverse demands of international markets [2] - The global lottery industry is valued at over $300 billion annually, with Lottery.com's expansion into European and Asian markets expected to generate immediate revenue [3] Market Growth Opportunities - The European lottery market was estimated at USD $118.75 billion in 2024, with a projected CAGR of 6.5% from 2025 to 2030 [4] - The Asian lottery market is expected to reach $5.10 billion in 2025, with an anticipated CAGR of 2.92% from 2025 to 2029 [4] Strategic Expansion Approach - Lottery.com will implement a regional roll-out strategy in Europe and Asia, focusing on building global brand recognition to enhance shareholder value [5] - The deployment of platforms will be guided by gaming regulations, brand performance, competitive landscape, and consumer preferences [5] Leadership Commentary - The Chairman and CEO of Lottery.com expressed excitement about the brand relaunch and the strategic step towards global ambitions [6] - The COO highlighted the milestone of international expansion and the company's readiness to meet the demands of new players and partners [6]