Trending...
- Super League (N A S D A Q: SLE) Enters Breakout Phase: New Partnerships, Zero Debt & $20 Million Growth Capital Position Company for 2026 Acceleration
- Entering 2026 with Expanding Footprint, Strong Industry Tailwinds, and Anticipated Q3 Results: Off The Hook YS Inc. (N Y S E American: OTH)
- Coalition and CCHR Call on FDA to Review Electroshock Device and Consider a Ban
Lottery.com Inc., (N A S D A Q: LTRY) $LTRY $100 Million Financing Unlocked for Major Acquisition and Growth Strategy Including Remote Lottery Platform
FORT WORTH, Texas - JerseyDesk -- 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.
Agreement To Acquire 90% Ownership Stake in Nook Holdings, UAE-Based Sports Incubator.
Investigation Launched to Counter Improper Short Selling of LTRY Shares.
Form S-1 Declared Effective Unlocking Access to a $100 Million Financing Facility for Aggressive Acquisition and Growth Strategy.
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 A Q: LTRY, LTRYW) 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 on Jersey Desk
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.
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.
Founded by Ravi Bhusari, Nook has become a cornerstone of the UAE's sports and wellness ecosystem. Over the past five years, it has fulfilled its ongoing 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.
Upon completion of the acquisition, LTRY will operate segments of its international sports business from within the Nook premises at One JLT, transforming the space into a gateway for sports innovation, investment and integration. The site will continue to function as both a premium co-working space and a business incubator, connecting early-stage sports businesses with the broader Sports.com ecosystem.
Lottery.com Inc. Launches Investigation into Short Selling Activities
On June 3rd LTRY announced it has commenced an investigation into potential short selling activities in its stock. The Company has engaged legal counsel from Paul Hastings LLP to conduct the investigation.
LTRY believes that there may have been dissemination of false information relating to the Company with the objective of driving down its stock price and damaging its business. LTRY also believes that it may have been the victim of illegal naked short selling in its stock.
Turnaround Completes and Strategic Acquisitions Accelerate for Five-Year Growth Plan
While the Financing Facility provides capital through the issuance of common stock, LTRY intends to deploy proceeds not for general dilution but to accelerate revenue growth and acquire accretive assets across gaming, content, media and live events—many of which are already in late-stage negotiations. Access to immediate funding allows LTRY to drive revenue and complete its target acquisitions, including but not limited to DotCom Ventures Inc., owner of Concerts.com and TicketStub.com, and Nook Holdings Limited (Dubai, UAE) to further develop the Sports.com brand in the Middle East.
More on Jersey Desk
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)
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.
Agreement To Acquire 90% Ownership Stake in Nook Holdings, UAE-Based Sports Incubator.
Investigation Launched to Counter Improper Short Selling of LTRY Shares.
Form S-1 Declared Effective Unlocking Access to a $100 Million Financing Facility for Aggressive Acquisition and Growth Strategy.
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 A Q: LTRY, LTRYW) 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 on Jersey Desk
- DominoZee Drops a Rebel-Made Apparel Line Redefining Modern Street Culture
- Kentucky Judges Ignore Evidence, Prolong Father's Ordeal in Baseless Case
- Contracting Resources Group Receives 2025 HIRE Vets Platinum Medallion Award from the U.S. Department of Labor
- Rigani Press Announces Barnes & Noble Book Signing for Dr. S. Yin Ho's Groundbreaking Book
- Crunchbase Ranks Phinge Founder & CEO Robert DeMaio #1 Globally. Meet him in Las Vegas-Week of CES to Learn About Netverse, Patented App-less Platform
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.
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.
Founded by Ravi Bhusari, Nook has become a cornerstone of the UAE's sports and wellness ecosystem. Over the past five years, it has fulfilled its ongoing 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.
Upon completion of the acquisition, LTRY will operate segments of its international sports business from within the Nook premises at One JLT, transforming the space into a gateway for sports innovation, investment and integration. The site will continue to function as both a premium co-working space and a business incubator, connecting early-stage sports businesses with the broader Sports.com ecosystem.
Lottery.com Inc. Launches Investigation into Short Selling Activities
On June 3rd LTRY announced it has commenced an investigation into potential short selling activities in its stock. The Company has engaged legal counsel from Paul Hastings LLP to conduct the investigation.
LTRY believes that there may have been dissemination of false information relating to the Company with the objective of driving down its stock price and damaging its business. LTRY also believes that it may have been the victim of illegal naked short selling in its stock.
Turnaround Completes and Strategic Acquisitions Accelerate for Five-Year Growth Plan
While the Financing Facility provides capital through the issuance of common stock, LTRY intends to deploy proceeds not for general dilution but to accelerate revenue growth and acquire accretive assets across gaming, content, media and live events—many of which are already in late-stage negotiations. Access to immediate funding allows LTRY to drive revenue and complete its target acquisitions, including but not limited to DotCom Ventures Inc., owner of Concerts.com and TicketStub.com, and Nook Holdings Limited (Dubai, UAE) to further develop the Sports.com brand in the Middle East.
More on Jersey Desk
- IODefi Introduces New Web3 Infrastructure Framework as XRP Ledger Development Gains Global Attention
- Terizza Forms Strategic Collaboration with UC San Diego to Pioneer Next-Generation Distributed AI Infrastructure
- EnergyStrat Launches Global LNG Risk Outlook 2025–2030
- Strong Revenue Gains, Accelerating Growth, Strategic Hospital Expansion & Uplisting Advancements: Cardiff Lexington Corporation (Stock Symbol: CDIX)
- MDC Design Center Expands Kitchen and Bath Remodeling Solutions in Cherry Hill for 2026
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)
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
0 Comments
Latest on Jersey Desk
- Give From the Heart: FL Chamber Holiday Toy & Clothing Drive
- Naturism Resurgence (NRE) Announces the World's First Standardised Stigma Measure (SSM) for Naturism
- London Art Exchange Emerges as a Leading Force in UK Contemporary Art, Elevating Three Artists to Secondary-Market Success
- myLAB Box Expands, Becoming the First and Only At-Home Testing Company to Serve the Entire Family—Human and Furry—with New Pet Intolerance Test
- Entering 2026 with Expanding Footprint, Strong Industry Tailwinds, and Anticipated Q3 Results: Off The Hook YS Inc. (N Y S E American: OTH)
- Tiger-Rock Martial Arts Appoints Jami Bond as Vice President of Growth
- CCM Announces Executive Promotions
- Super League (N A S D A Q: SLE) Enters Breakout Phase: New Partnerships, Zero Debt & $20 Million Growth Capital Position Company for 2026 Acceleration
- Finland's Gambling Reform Promises "Single-Click" Block for All Licensed Sites
- Private Keys Are a Single Point of Failure: Security Advisor Gideon Cohen Warns MPC Technology Is Now the Only Defense for Institutional Custody
- Compliance Is the Ticket to Entry: Legal Advisor Gabriela Moraes Analyzes RWA Securitization Paths Under Brazil's New Legislation
- Coalition and CCHR Call on FDA to Review Electroshock Device and Consider a Ban
- Voxmedia LLC awarded ACCME Accreditation with Commendation
- Spark Announces 2025 Design Award Winners
- NEW Luxury Single-Family Homes Coming Soon to Manalapan - Pre-Qualify Today for Priority Appointments
- Dominic Pace Returns to the NCIS Franchise With Guest Role on NCIS: Origins
- Anderson Periodontal Wellness Attends 5th Joint Congress for Ceramic Implantology
- UK Financial Ltd Completes Full Ecosystem Conversion With Three New ERC-3643 SEC-Ready Tokens As MCAT Deadline Closes Tonight
- AI Real Estate Company Quietly Building a National Powerhouse: reAlpha Tech Corp. (N A S D A Q: AIRE)
- Inkdnylon Expands National Uniform Embroidery Services