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Lottery.com Inc. Targets First Entry Markets in Europe and Asia
LTRYLottery(LTRY) Newsfilter·2025-03-04 17:30

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 300billionannually,withLottery.comsexpansionintoEuropeanandAsianmarketsexpectedtogenerateimmediaterevenue[3]MarketGrowthOpportunitiesTheEuropeanlotterymarketwasestimatedatUSD300 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]