Associated tags: Sportsbook.com
Locations: LATIN AMERICA, AFRICA, UNITED STATES, NEW YORK, UK, CYPRUS, WA, BRAZIL, SPICEWOOD, TX, US, TEXAS, LONDON
The proceeds from the sweepstakes will benefit Street Child United.
Key Points:
- The proceeds from the sweepstakes will benefit Street Child United.
- The sweepstakes had a soft launch on April 3, 2024, and is available at http://donateto.win , the successor to Lottery.com’s WinTogether.org platform.
- The sweepstakes to support Street Child United will continue until 11:59PT on August 31, 2024.
- Being able to leverage their powerful brands, Lottery.com and Sports.com, will allow us to exponentially expand the number of organizations we support and the financial impact our sweepstakes make for them.”
Prosperity,
Sportsbook.com,
PIM,
Macal,
Risk,
Sport,
Partnership,
Privacy,
Athlete,
COVID-19,
Growth,
Creative industries Macal will be seated as a director at the Company’s next Board of Directors meeting following the successful completion of required background checks.
Key Points:
- Macal will be seated as a director at the Company’s next Board of Directors meeting following the successful completion of required background checks.
- Macal’s nomination follows the December 2023 $18 million investment commitment from Prosperity Investment Management (“PIM”), subject to due diligence.
- Warren Macal, currently the Managing Director at PIM and the head of its PIM Motorsport Investment Division, brings more than 15 years of extensive experience in wealth management and strategic financial planning.
- “Warren’s profound knowledge in wealth management and his strategic insight into the sports sector will provide a significant advantage to our board.
Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5450(b)(1)(C) and the matter is now closed.
Key Points:
- Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5450(b)(1)(C) and the matter is now closed.
- Regaining full compliance with Nasdaq paves the way for future growth.
- "Regaining full compliance with Nasdaq is a pivotal milestone for Lottery.com and its shareholders.
- This underscores the success of our decision to focus on good corporate governance, operational integrity, and financial transparency.
Retrieved on:
Tuesday, February 20, 2024
The Notice of Voluntary Dismissal Without Prejudice was filed by Woodford in the United States District Court for the District of Delaware on February 14, 2024 in Case No.
Key Points:
- The Notice of Voluntary Dismissal Without Prejudice was filed by Woodford in the United States District Court for the District of Delaware on February 14, 2024 in Case No.
- 23-1317-GBW, which stated that Woodford provides notice of dismissal of all claims without prejudice against Defendants Lotttery.com and its directors.
- Fans and subscribers look to Lottery.com for compelling, real-time results on more than 800 lottery games from more than 40 countries.
- Additionally, through WinTogether.org, Lottery.com is fundamentally changing how non-profit donors are incentivized to action by gamifying charitable giving.
Retrieved on:
Thursday, February 15, 2024
Acquisition,
USL,
Masters Tournament,
WTA,
Golf,
Summer,
MLS,
LPGA,
Marketing,
Partnership,
MNO,
Basketball,
News,
Baseball,
Growth,
Tennis,
Customer,
LTV,
PGA Tour,
Sport,
MMA,
Dakar Rally,
Boxing,
Mobile network operator,
FIA,
ICC,
ATP,
Football,
Formula E,
LIV Golf,
Monolithic kernel,
Sportsbook.com As part of the acquisition, SportLocker, rebranded as Sports.com, will immediately launch as a premier platform for sports fans worldwide, marking a pivotal leap in Sports.com's evolution as the next-gen digital sports entertainment space.
Key Points:
- As part of the acquisition, SportLocker, rebranded as Sports.com, will immediately launch as a premier platform for sports fans worldwide, marking a pivotal leap in Sports.com's evolution as the next-gen digital sports entertainment space.
- The Company is initially focused on rolling out Sports.com in the USA and Europe, along with concentrated efforts in the Middle East.
- The SportLocker acquisition is an underlying-element of Sports.com's accelerated growth strategy and rapid market penetration plan.
- With the acquisition of SportLocker, Sports.com accelerates that goal, providing coverage of the most anticipated events, exclusive content, and insights in the sports world.
The Company has amended its placement agent agreement with Univest Securities, LLC (“Univest”), significantly increasing the commitment from new and existing investors.
Key Points:
- The Company has amended its placement agent agreement with Univest Securities, LLC (“Univest”), significantly increasing the commitment from new and existing investors.
- Under the revised terms of the agreement, the offering amount has been increased from $1,000,000 to $5,000,000 due to strong investor interest.
- This increased funding commitment enables us to accelerate our growth plans, further innovate our platform, and continue to redefine the lottery experience worldwide.
- Our partnership with Univest and our investors is pivotal as we embark on this exciting phase of expansion and innovation."
Retrieved on:
Thursday, February 8, 2024
Marc Bircham's appointment comes at a time when Sports.com is actively exploring a number of opportunities in football including potential club acquisitions, partnerships, and joint ventures.
Key Points:
- Marc Bircham's appointment comes at a time when Sports.com is actively exploring a number of opportunities in football including potential club acquisitions, partnerships, and joint ventures.
- The Company is currently in discussions for exciting projects with leading football franchises and players worldwide.
- Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com commented:
"I am thrilled to have Marc onboard as a fellow director on the Sports.com Board.
- Director Tamer Hassan, reflecting on his 25-year relationship with Marc, agreed:
"Marc's journey through football and beyond is a proof to his dedication, skill, and vision.
Retrieved on:
Wednesday, February 7, 2024
AUSTIN, Texas, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Yesterday, the United States District Court for the Southern District of New York granted the Motions to Dismiss filed by Lottery.com, Inc. (NASDAQ: LTRY, LTRYW) (“the Company”).
Key Points:
- AUSTIN, Texas, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Yesterday, the United States District Court for the Southern District of New York granted the Motions to Dismiss filed by Lottery.com, Inc. (NASDAQ: LTRY, LTRYW) (“the Company”).
- The Company’s Motions to Dismiss sought dismissal of the Amended Class Action Complaint and the Complaint filed by Plaintiff Harold M. Hoffman.
- The Court’s ruling is based on the pleadings alone and is not a determination on the merits of the case.
- The Court has granted the Class Action Plaintiffs and Plaintiff Harold M. Hoffman leave to amend their Complaints within twenty-one days of the date of the Court’s ruling.
Retrieved on:
Wednesday, February 7, 2024
The Agreement, combined with an operational partnership, will expand Lottery.com's operations across Africa, the Pacific Region, Brazil, and other parts of Latin America, marking a new era in its global growth strategy.
Key Points:
- The Agreement, combined with an operational partnership, will expand Lottery.com's operations across Africa, the Pacific Region, Brazil, and other parts of Latin America, marking a new era in its global growth strategy.
- Under this alliance, WA.Technology will leverage its comprehensive iGaming platform solutions and operational expertise to support Lottery.com's expansion.
- The aim is to grow the Lottery.com brand and its earning potential in global markets over the coming years.
- The global lottery industry is experiencing significant growth, fueled by the rise of mobile and online lottery sales.
Retrieved on:
Thursday, December 21, 2023
AUSTIN, Texas, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company that is transforming how, where, and when the lottery is played, is pleased to announce an $18 million investment commitment from Prosperity Investment Management (“Prosperity”).
Key Points:
- AUSTIN, Texas, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company that is transforming how, where, and when the lottery is played, is pleased to announce an $18 million investment commitment from Prosperity Investment Management (“Prosperity”).
- "I’m excited to have Prosperity be part of the resurgence of Lottery.com and the genesis of Sports.com.
- These partnerships underscore the Company's commitment to integrating a dynamic sports experience with wellness, aligning perfectly with the broader vision of Prosperity in the sports industry.
- Lottery.com is poised to redefine the industry's landscape, bolstered by the synergistic partnership with Prosperity Investment Management, UCIL, and the exciting new ventures under the Sports.com brand.”
