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Lottery.com Inc. Secures $300 Million in Growth Capital, Confirms Nasdaq Compliance & Acquires UAE Sports Incubator Amid High-Profile Brand Exposure
TelAve News/10866920
Lottery.com Inc., (N A S D AQ: LTRY) $LTRY Major Acquisition and Growth Strategy in Play for 2025 Including Remote Lottery Platform
FORT WORTH, Texas - TelAve -- 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.
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.
Dual-Brand Strategy Allows for Both Mainstream and Genre-Specific Ticketing Models Under the Broader Concerts.com Umbrella.
Lottery.com Inc., (N A S D AQ: 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.
More on TelAve News
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
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 Nasdaq 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.
A Director for LTRY 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, Eastern Promises and Game of Thrones. As President of LTRY Sports.com Studios, Hassan will lead the division's creative and strategic efforts to develop, produce and distribute compelling sports-focused films, docuseries, and premium digital content.
Lottery.com and Sports.com Showcase Multi-Series Talent in INDYCAR and INDY NXT at Gateway
More on TelAve News
On June 16th LTRY announced 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 past weekend marked another milestone for LTRY and further reinforcing their commitment to elite and emerging talent across the motorsport ladder.
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.
Lottery.com Expands Global Footprint in Live Entertainment with $10M Acquisition of Concerts.com and TicketStub.com
On May 7th LTRY announced a Letter of Intent ("LOI") to acquire a majority stake in DotCom Ventures Inc., a Nevada corporation ("DVI"), together with the premium domain assets Concerts.com and TicketStub.com, in a transaction valued at $10 million.
This strategic investment will form the third foundational pillar of the LTRY expanding platform — standing alongside Sports.com and Lottery.com as part of a vertically integrated, multi-channel entertainment business. Together, these brands will create the concrete base of a next-generation ecosystem designed to unify content, commerce, and live experiences under a single global strategy. Concerts.com and TicketStub.com are live, operational, and built for scale — delivering real value and revenue potential from day one.
LTRY acquiring a majority stake in DVI represents a $10 million transaction, comprised of a strategic blend of cash, secured debt, and equity issued at up to $3.00 per share — further validating the strength of the Lottery.com and Sports.com platform.
Concerts.com is being designed not simply as a ticketing platform, but as a fully integrated live events engine. It will serve as the primary processor of access and fan engagement, tying directly into the Sports.com fast-growing live streaming infrastructure.
The LTRY investment in DVI will include TicketStub.com, which will operate in parallel as a brand focused on alternative entertainment verticals, including festivals, comedy, esports, and niche lifestyle events. This dual-brand strategy allows for both mainstream and genre-specific ticketing models under the broader Concerts.com umbrella.
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.
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.
Dual-Brand Strategy Allows for Both Mainstream and Genre-Specific Ticketing Models Under the Broader Concerts.com Umbrella.
Lottery.com Inc., (N A S D AQ: 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.
More on TelAve News
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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
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 Nasdaq 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.
A Director for LTRY 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, Eastern Promises and Game of Thrones. As President of LTRY Sports.com Studios, Hassan will lead the division's creative and strategic efforts to develop, produce and distribute compelling sports-focused films, docuseries, and premium digital content.
Lottery.com and Sports.com Showcase Multi-Series Talent in INDYCAR and INDY NXT at Gateway
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On June 16th LTRY announced 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 past weekend marked another milestone for LTRY and further reinforcing their commitment to elite and emerging talent across the motorsport ladder.
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.
Lottery.com Expands Global Footprint in Live Entertainment with $10M Acquisition of Concerts.com and TicketStub.com
On May 7th LTRY announced a Letter of Intent ("LOI") to acquire a majority stake in DotCom Ventures Inc., a Nevada corporation ("DVI"), together with the premium domain assets Concerts.com and TicketStub.com, in a transaction valued at $10 million.
This strategic investment will form the third foundational pillar of the LTRY expanding platform — standing alongside Sports.com and Lottery.com as part of a vertically integrated, multi-channel entertainment business. Together, these brands will create the concrete base of a next-generation ecosystem designed to unify content, commerce, and live experiences under a single global strategy. Concerts.com and TicketStub.com are live, operational, and built for scale — delivering real value and revenue potential from day one.
LTRY acquiring a majority stake in DVI represents a $10 million transaction, comprised of a strategic blend of cash, secured debt, and equity issued at up to $3.00 per share — further validating the strength of the Lottery.com and Sports.com platform.
Concerts.com is being designed not simply as a ticketing platform, but as a fully integrated live events engine. It will serve as the primary processor of access and fan engagement, tying directly into the Sports.com fast-growing live streaming infrastructure.
The LTRY investment in DVI will include TicketStub.com, which will operate in parallel as a brand focused on alternative entertainment verticals, including festivals, comedy, esports, and niche lifestyle events. This dual-brand strategy allows for both mainstream and genre-specific ticketing models under the broader Concerts.com umbrella.
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
Contact
Corporate Ads
***@gmail.com (/email-contact.htm#13083880)
Corporate Ads
***@gmail.com (/email-contact.htm#13083880)
Source: Corporate Ads
Filed Under: Stocks
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