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$LTRY News: Lottery.com Appoints Tim Scoffham as CEO to Lead Global Expansion of Sports.com Media and Lottery.com International
Lottery.com Inc.
Tue, June 24, 2025 at 10:35 AM EDT 5 min read
In This Article: LTRY
Lottery.com Inc.
Tim Scoffham
Tim Scoffham, CEO of Sports.com Media LTD and Lottery.com International LTD.
FORT WORTH, Texas, June 24, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, today announced the appointment of Tim Scoffham as Chief Executive Officer of Sports.com Media Group Limited (“Sports.com Media”) and Lottery.com International Limited (“Lottery.com International”), effective immediately. The appointment follows a successful consultancy period beginning in May 2024, during which Tim helped shape the Company’s global growth strategy across iGaming and digital sports media.
With more than 20 years of leadership in gaming, media, and entertainment, Tim is widely recognized as a veteran operator in media, sports entertainment and gaming sectors. His international experience and ability to execute high-growth, regulated strategies across emerging markets make him an ideal fit to lead these businesses into their next chapter.
Tim will oversee the strategic integration and international expansion of Sports.com Media, a premium digital sports content and engagement platform, and Lottery.com International, the Company’s iGaming and international lottery division focused on delivering secure, compliant, and entertaining lottery experiences across key global markets. His leadership will focus on aligning commercial, media, and technology platforms, bolstering regulatory partnerships, and unlocking scalable, revenue-generating opportunities in high-growth jurisdictions.
“Our Company is delighted with this appointment,” said Matthew McGahan, CEO and Chairman of Lottery.com. “Tim brings energy, credibility, and international expertise. His bold, entrepreneurial leadership style and deep experience in both gaming and media are precisely what we need at this inflection point. We are seeing strong forward momentum in the business and the markets, and Tim’s appointment gives us further confidence in our global roadmap. He is fully aligned with our vision to build Lottery.com and Sports.com into powerhouse global brands.”
Tim Scoffham added: “It’s an incredibly exciting time to join Lottery.com in a full-time leadership capacity at Sports.com Media and Lottery.com International, both of which represent unique global opportunities. The Sports.com and Lottery.com brands sit at the intersection of sports, gaming, and immersive content, and I believe we’re only scratching the surface of what they can become. With outstanding teams already in place and a unified international strategy underway, I’m looking forward to accelerating growth, strengthening partnership, and delivering long-term value to Lottery.com shareholders.”
About Sports.com Media
Sports.com Media Group Limited, a wholly-owned subsidiary of Lottery.com Inc., is a next-generation digital platform delivering premium sports content, immersive fan experiences, and real-time engagement to a global audience. Focused on innovation, original formats, and media-rights partnerships, Sports.com is shaping the future of sports storytelling and digital fan engagement.
About Lottery.com International
Lottery.com International Limited, a wholly-owned subsidiary of Lottery.com Inc., provides a secure and compliant iGaming and global lottery platform that enables users to participate in international lottery games through digital channels. The platform is focused on regulated market expansion, localized offerings, and sustainable, high-margin growth.
Under Tim Scoffham’s leadership, both businesses will continue the expansion of Sports.com and Lottery.com into globally recognized brands—driven by innovation, strategic execution, and an unwavering commitment to compliance and user experience.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ddd041d2-dfd1-40b2-ae96-d48dad3d080e
This press release was published by a CLEAR® Verified individual.
CONTACT: For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
$LTRY Currently $1.18 HOD $1.27 Trading Higher this June!
$LTRY News: Lottery.com and Sports.com Drivers Shine at Road America
ELKHART LAKE, Wis., June 23, 2025 (GLOBE NEWSWIRE) -- On one of the most technically demanding and tactically complex weekends of the NTT INDYCAR SERIES and INDY NXT by Firestone seasons, Lottery.com Inc. (Nasdaq: LTRY, LTRYW) 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.
Famed as America’s National Park of Speed, Road America’s long straights, fast corners, and razor-thin margins for error made for thrilling racing across both IndyCar and Indy NXT, with multiple cautions and tire strategies shaping the outcome of a hot and hard-fought weekend.
A Media Snippet accompanying this announcement is available in this link.
Louis Foster
Car No. 45 – Rahal Letterman Lanigan (IndyCar)
Pole Position | Finished: P11 | Sponsored by: Sports.com
IndyCar rookie Louis Foster stunned the paddock by taking a breakthrough pole position, besting three-time champion and Indy 500 winner Alex Palou despite being on used tires during the Fast Six shootout. It marked one of the most remarkable qualifying performances of the season.
“Yeah, still a little bit in shock,” said Louis Foster. “The team have been working their asses off—two rebuilds in two weeks after setbacks in Detroit and St. Louis. Massive props to the No. 45 Droplight / Desnuda crew. They needed this.”
On race day, Foster maintained the lead and top-five position through the opening stages. However, a flurry of cautions and tire strategy reshuffles limited his use of the faster soft tires, ultimately resulting in a P11 finish—his best race result of the year so far.
“We turned what could’ve been an average result into a decent one. We’ll regroup and come back even stronger at Mid-Ohio,” added Foster.
Callum Ilott
Car No. 90 – PREMA Racing (IndyCar)
Started: P9 | Finished: P15 | Best Finish of 2025 | Sponsored by: Lottery.com
Rounding out the team’s strong showing, Callum Ilott brought home his best result of the 2025 season with a P15 finish for PREMA Racing. Starting on soft tires, Ilott hovered near the top 10 early on, making up ground through efficient pit work during multiple cautions in the opening phase of the 55-lap race.
With varying tire strategies playing out across the field and five caution periods reshaping the order, Ilott stayed composed and executed a strong final stint on fresh soft tires. He picked off multiple competitors late in the race and crossed the line just behind former series champion Will Power.
“Overall it was a very tough race and super hot out there. The team did a great job, but the car was on edge in places it didn’t need to be. We fought hard, and there was more in it if we had a bit more push-to-pass at the end. Still, we come away with points and a decent weekend overall,” said Callum Ilott.
Sebastian Murray
Car No. 2 – Dream Racing Dubai Dallara (Indy NXT)
Started: P14 | Finished: P11 | Championship Standing: P9 (128 points)
Sponsored by: Sports.com
INDY NXT rookie Seb Murray also delivered a career-best performance on a road course, surging from P14 to P11 to claim Jostens’ Biggest Mover of the day. In just his first outing at Road America, Murray’s sharp overtakes and consistent pace saw him break into the top ten battle, further strengthening his championship position.
“It was a hot day here at Road America, but overall, a really solid result. We were the Biggest Mover today which feels great,” said Seb Murray. “Looking forward to Mid-Ohio and building on this momentum.”
Matthew McGahan, Chairman & CEO of Lottery.com and Sports.com, commented:
“We’re incredibly proud of the association between Lottery.com, Sports.com, and these three young, talented drivers—Sebastian, Callum, and Louis. From the outset, our selection process was both precise and strategic. These aren’t just partnerships; they’re long-term investments in future champions.
“The brand exposure we’ve seen over the last four race weekends has been exceptional, and the influx of interest from other IndyCar teams and global motorsport series has increased tenfold. It’s validation that we’re on the right track—both figuratively and literally.
“We’re now actively developing a full driver and team development and sponsorship program for 2026, and I’m proud to say that Seb, Callum, and Louis are the cornerstones of that next chapter. Lottery.com and Sports.com are young, ambitious, and built to scale—just like the drivers we support.
“This latest weekend was another example of great momentum and real traction across the board. And as a lifelong motorsport fan and driver, I have to give a special mention to Louis Foster’s pole position. To put a car on pole in a field of 27 elite competitors is something truly special. We’re just getting started, and fans can expect to see our brands at even more tracks and circuits around the world in the months to come.”
About Lottery.com Inc.
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
This press release was published by a CLEAR® Verified individual.
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
$LTRY News: Lottery.com Regains Nasdaq Compliance as Stock Trading Activity Soars
Lottery.com Inc.
Mon, June 23, 2025 at 7:25 AM EDT
In This Article:
LTRY -Lottery.com Inc.
FORT WORTH, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or “the Company”) received formal notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00 (the “Rule”). The Company 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 Lottery.com has built in recent weeks. In the 20-day period leading up to regaining compliance with Rule, Lottery.com’s stock experienced exceptional market activity, with daily trading volumes frequently exceeding 30 million shares. On May 27, 2025, Lottery.com recorded trading volume of more than 166 million shares, ranking among the most actively traded stocks on Nasdaq that day.
Matthew McGahan, Chairman, CEO, and President of Lottery.com, commented:
“This isn’t just a moment of compliance—this is a true turning point. The level of engagement from the markets over the last 20 days, combined with our recent momentum, demonstrates that our turnaround is real, visible and gaining traction. We are entering our next chapter with a key compliance determination from Nasdaq, a reinforced leadership team and a Company that is starting to fire on all cylinders. Our investors have seen the difference—and the volume speaks for itself.”
As part of this renewed momentum, the Company recently appointed actor and media executive Tamer Hassan as President of Sports.com Studios, further strengthening its media and entertainment vertical. The Company also continues to work with legal advisors, including Paul Hastings LLP, in its investigation into suspected illegal short selling and is prepared to take legal action against any parties found to have manipulated its stock.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
CONTACT: For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
With share prices up 150% in just 3 months, $LTRY is gaining momentum. President & CEO Matthew McGahan says that after 2 years of rebuilding the company & relaunching http://Sports.com, we’re ready for a fresh look from #investors.
Watch: http://asmbly.link/M2ZrABn #NASDAQ
With share prices up 150% in just 3 months, $LTRY is gaining momentum. President & CEO Matthew McGahan says that after 2 years of rebuilding the company & relaunching https://t.co/qJ1XYcjNn0, we’re ready for a fresh look from #investors.
— LotteryCom_Live (@LotteryCom_Live) June 20, 2025
Watch: https://t.co/5mLthSB96s#NASDAQ pic.twitter.com/U3zCihF9bZ
New Tweet! $LTRY With share prices up 150% in just 3 months, $LTRY is gaining momentum. President & CEO Matthew McGahan says that after 2 years of rebuilding the company & relaunching http://Sports.com, we’re ready for a fresh look from #investors.
Watch: http://asmbly.link/M2ZrABn
#NASDAQ
With share prices up 150% in just 3 months, $LTRY is gaining momentum. President & CEO Matthew McGahan says that after 2 years of rebuilding the company & relaunching https://t.co/qJ1XYcjNn0, we’re ready for a fresh look from #investors.
— LotteryCom_Live (@LotteryCom_Live) June 20, 2025
Watch: https://t.co/5mLthSB96s#NASDAQ pic.twitter.com/U3zCihF9bZ
$LTRY Now trading at $1.255 +15.14% #Bullish heading into Power Hour.
$LTRY big buys coming in today!
$LTRY Update: We’re excited to announce that actor, producer, & entrepreneur Tamer Hassan has been appointed President of http://Sports.com Studios. He'll lead the creative & strategic efforts to deliver sports films, docuseries, & digital content.
Read: http://asmbly.link/z7ictmu
$LTRY
We’re excited to announce that actor, producer, & entrepreneur Tamer Hassan has been appointed President of https://t.co/UMLTKd5Gxr Studios. He'll lead the creative & strategic efforts to deliver sports films, docuseries, & digital content.
— Lottery.com (@lotterydotcom) June 18, 2025
Read: https://t.co/bjuaBMk9tb $LTRY pic.twitter.com/81KgaVGRon
$LTRY Now $1.23 +11.82% Pre-Market! Plenty of great news and updates this week!
I've been accumulating, love this company! $LTRY
GAPPING UP! $LTRY
$LTRY News: Lottery.com Appoints Acclaimed Actor and Director Tamer Hassan as President of Sports.com Studios
Lottery.com Inc.
Tue, June 17, 2025 at 3:25 PM EDT 4 min read
In This Article: LTRY
Lottery.com Inc.
Lottery.com Inc.
Tamer Hassan
Sports.com Studios President Tamer Hassan
LONDON, June 17, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, today 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 Lottery.com 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.
In his capacity as President of 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. This new arm of the business will serve as the cornerstone of Sports.com’s global expansion into entertainment media and immersive storytelling.
Matthew McGahan, Chairman & CEO of Lottery.com, stated:
“Tamer is a force of nature — his experience, storytelling instincts, and deep connection to the world of sport make him uniquely suited to lead Sports.com Studios. We’re proud to have him at the helm as we build a slate of powerful content that inspires audiences and builds our global brand.”
Sports.com Studios is in pre-production on a number of titles, including a documentary series chronicling the acquisition and revival of a major British football club, behind-the-scenes access to elite athletes and original narratives exploring the heart of global sport.
Tamer Hassan commented:
“I’ve always believed in the power of sport and film to unite, inspire and tell real human stories. As President of Sports.com Studios, I’m excited to bring those worlds together and produce original, emotional, and authentic content for fans across the globe. We’re just getting started.”
This announcement signals a bold new chapter in the evolution of Sports.com — blending sport, cinema and storytelling through the leadership of a creative icon.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
$LTRY 📢 Our leadership team represented $LTRY & http://Sports.com at key #FIFA Club #WorldCup events. CEO Matthew McGahan, Ambassador Dennis Wise, & Director Marc Bircham held meetings with leaders across the global #football ecosystem.
Read: http://asmbly.link/iDSFDZ9
📢 Our leadership team represented $LTRY & https://t.co/UMLTKd5Gxr at key #FIFA Club #WorldCup events. CEO Matthew McGahan, Ambassador Dennis Wise, & Director Marc Bircham held meetings with leaders across the global #football ecosystem.
— Lottery.com (@lotterydotcom) June 17, 2025
Read: https://t.co/lmG2A1PuxC pic.twitter.com/oPFrBOaqcf
$LTRY News: Lottery.com and Sports.com Showcase Multi-Series Talent in INDYCAR and INDY NXT at Gateway
MADISON, Ill., June 16, 2025 (GLOBE NEWSWIRE) -- It was a weekend of high drama, fast pace, and 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 weekend marked another milestone for Lottery.com Inc. (Nasdaq: LTRY, LTRYW) and Sports.com, further reinforcing their commitment to elite and emerging talent across the motorsport ladder.
Callum Ilott: Commanding Drive Ends in Fuel-Heartbreak
PREMA Racing’s Callum Ilott produced a sensational performance in Gateway’s 260-lap race. Starting from P16, the British driver carved his way through the field and was leading the race in the closing laps. Unfortunately, a fuel strategy gamble came up short, and Ilott was forced to pit with just four laps remaining, finishing P18.
“Today’s result is hard to take in, especially when we were leading with just a handful of laps to go,” Ilott said. “The car felt really good all race, our pace was strong, and we made our pit stops at the right time. We’ll come back stronger at Road America.”
Ilott continues to fly the Lottery.com flag with high-visibility helmet branding, reaffirming his status as one of the most talented and composed drivers on the INDYCAR grid.
Louis Foster: Blistering Pace and Unlucky End to a Promising Run
Louis Foster, racing for Rahal Letterman Lanigan Racing, once again showed front-running speed before a late-race incident ended his charge. The 21-year-old Brit had been running competitively inside the top 10 before catching the marbles and spinning into a high-speed crash, marking his second consecutive DNF despite showing strong form.
“I had wiggles all race, and just got too high onto the dark stuff where there’s less grip. At that point, I was a complete passenger,” Foster said. “We were really fast—it’s frustrating to end the weekend like that, but there’s a lot to take forward.”
Now fully backed through the end of the season with Sports.com on his helmet and on the front wing endplates, Foster remains central to both brands’ INDYCAR activation strategy.
“Louis continues to flash brilliance every time he’s on track,” said Matthew McGahan, Chairman and CEO of Lottery.com. “We’re proud to support him and are confident he’ll turn the corner and deliver the results his talent deserves.”
Sebastian Murray: Strong INDY NXT Oval Debut Shows Potential
In just his first-ever oval race, INDY NXT newcomer Sebastian Murray delivered a disciplined and mature drive. Starting mid-pack, Murray kept his nose clean and ultimately finished ahead of his starting position—an encouraging result as he builds experience in one of motorsport’s toughest disciplines.
“It was a really good weekend. The team did a great job and it feels good to get the first oval out of the way,” said Murray. “We made up some positions and fought our way through. If I’d gotten past a certain car earlier, I think we could’ve had a very different result.”
With full branding support from Lottery.com and Sports.com across his helmet, suit, rear wing, and endplates, Murray continues to exceed expectations.
“Sebastian kept it shiny-side-up and delivered a performance well beyond his experience level,” said McGahan. “He’s taken to oval racing naturally—like a duck to water—and we’re excited to watch his progression.”
Next Up: Road America
The Sports.com and Lottery.com drivers now head to Road America in Wisconsin. The course is a known favorite for Foster who previously won there in Indy Pro 2000 and finished second in INDY NXT.
“To have three drivers across both series carrying our brands is a special moment,” said McGahan. “This weekend showed grit, speed, and the kind of excitement that we’re proud to align with. Road America is next—and we’re ready.”
About Lottery.com Inc.
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f55f35cf-6a2c-417b-a2e5-9dc9c41fc0d4
https://www.globenewswire.com/NewsRoom/AttachmentNg/ebfa7ea9-40e0-40c9-8bde-d1144f77d647
https://www.globenewswire.com/NewsRoom/AttachmentNg/94603799-3198-41de-a88d-6c7fc016b286
This press release was published by a CLEAR® Verified individual.
https://www.globenewswire.com/newsroom/ti?nf=OTQ2OTQzOSM2OTkzMTE0IzIyMDk2MzU=
https://ml.globenewswire.com/media/ZGM3YTJiZGItNGEyMS00MDBlLWIxMmMtM2MwYjY3N2VlNGIyLTEyMjExODgtMjAyNS0wNi0xNi1lbg==/tiny/Lottery-com-Inc-.png
Volume Looking good on NEWS, expect a green close. $LTRY
$LTRY ICYMI: The No. 2 Andretti Cape car & Sebastian Murray’s race suit debuted http://Lottery.com & http://Sports.com branding, kicking off a full-season campaign that fuses top-tier #motorsport exposure with fan engagement.
Read: http://asmbly.link/vFqN2CG
$LTRY #NASDAQ
$LTRY news out!! Sports.com Enters Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport https://www.globenewswire.com/news-release/2025/06/16/3099948/0/en/Sports-com-Enters-Strategic-Sponsorship-with-Racing-Women-to-Accelerate-the-Future-of-Female-Motorsport.html
$LTRY News: Sports.com Enters Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport
June 16, 2025 09:55 ET | Source: Lottery.com Inc. CLEAR® Verified
FORT WORTH, Texas, June 16, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or “the Company”) 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.
With 4,500 women from more than 70 countries already engaged in its global community, Racing Women, led by motorsport veteran Graeme Glew, has developed a blueprint for accelerating female driver development and supporting the training and education for women seeking careers in the motorsports industry. Through advanced training, professional mentorship and competitive entry points, Racing Women is redefining how women can enter and excel in elite racing.
The 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 Sports.com's 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.
Matthew McGahan, Chairman and CEO of Sports.com and Lottery.com, commented:
"Women’s motorsport has long been underserved, and Racing Women is changing that decisively. What Graeme and his team are doing isn’t just admirable, it’s essential. This partnership reflects our belief in the power of sport to create change, and in the unique role Sports.com can play in scaling authentic, inclusive opportunities."
Graeme Glew, Founder of Racing Women, said:
"Forming a relationship with Sports.com is a pivotal moment for us. It’s not just about this season—it’s about the future. Together, we’re setting out to build a sustainable, recognizable global brand that gives women a real chance to compete at the very highest levels of motorsport. We’re proud to have Sports.com beside us as we take the next steps on that journey."
About Racing Women LLC
Racing Women is a global movement built on two decades of experience empowering women in motorsport. Its mission is to inspire, support, and develop the next generation of female champions through opportunity, training and community.
About Lottery.com Inc.
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b070aea-0cc6-426a-9cc3-901f46e95091
https://www.globenewswire.com/NewsRoom/AttachmentNg/23666c4a-1315-4134-97d8-73faa2d67122
This press release was published by a CLEAR® Verified individual.
$LTRY News: Sports.com Enters Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport
FORT WORTH, Texas, June 16, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or “the Company”) 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.
With 4,500 women from more than 70 countries already engaged in its global community, Racing Women, led by motorsport veteran Graeme Glew, has developed a blueprint for accelerating female driver development and supporting the training and education for women seeking careers in the motorsports industry. Through advanced training, professional mentorship and competitive entry points, Racing Women is redefining how women can enter and excel in elite racing.
The 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 Sports.com's 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.
Matthew McGahan, Chairman and CEO of Sports.com and Lottery.com, commented:
"Women’s motorsport has long been underserved, and Racing Women is changing that decisively. What Graeme and his team are doing isn’t just admirable, it’s essential. This partnership reflects our belief in the power of sport to create change, and in the unique role Sports.com can play in scaling authentic, inclusive opportunities."
Graeme Glew, Founder of Racing Women, said:
"Forming a relationship with Sports.com is a pivotal moment for us. It’s not just about this season—it’s about the future. Together, we’re setting out to build a sustainable, recognizable global brand that gives women a real chance to compete at the very highest levels of motorsport. We’re proud to have Sports.com beside us as we take the next steps on that journey."
About Racing Women LLC
Racing Women is a global movement built on two decades of experience empowering women in motorsport. Its mission is to inspire, support, and develop the next generation of female champions through opportunity, training and community.
About Lottery.com Inc.
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b070aea-0cc6-426a-9cc3-901f46e95091
https://www.globenewswire.com/NewsRoom/AttachmentNg/23666c4a-1315-4134-97d8-73faa2d67122
This press release was published by a CLEAR® Verified individual.
https://www.globenewswire.com/newsroom/ti?nf=OTQ2OTI3NCM2OTkwMzc5IzIyMDk2MzU=
https://ml.globenewswire.com/media/YTJlOTAyY2YtNmExNS00ODVmLWFkMjMtN2EwOTBlNWFkN2QyLTEyMjExODgtMjAyNS0wNi0xNi1lbg==/tiny/Lottery-com-Inc-.png
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Source: Lottery.com Inc.
$LTRY huge tweet out! Pres. & CEO Matthew McGahan shares how http://Sports.com's gaining momentum w/ a growing user base & consistent content generation. Our #Soccerex partnership supports our 2025–2026 vision for global football & UK investments.
🎥: http://asmbly.link/LRcprsX
Pres. & CEO Matthew McGahan shares how https://t.co/UMLTKd5Gxr's gaining momentum w/ a growing user base & consistent content generation. Our #Soccerex partnership supports our 2025–2026 vision for global football & UK investments.
— Lottery.com (@lotterydotcom) June 13, 2025
🎥: https://t.co/gFEE4rcWcn
🇺🇸 $LTRY#NASDAQ pic.twitter.com/NDc0obN2bt
$LTRY Lottery.com and Sports.com Featured at Gateway with Triple-Driver Sponsorship Across IndyCar and IndyNXT https://finance.yahoo.com/news/lottery-com-sports-com-featured-140000382.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
$LTRY News: Lottery.com To Increase Ownership Stake in Nook Holdings, UAE-Based Sports Incubator
Lottery.com Inc.
Wed, June 11, 2025 at 7:00 AM EDT
In This Article: LTRY
Lottery.com Inc.
DUBAI, United Arab Emirates, June 11, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, announces the signing of an amended Stock Purchase Agreement (“SPA”) for its planned acquisition of Nook Holdings Limited (“Nook”), 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 Lottery.com’s strategic commitment to global growth and innovation in sports and wellness. Upon completion, the Company will control ninety percent (90%) of Nook. The deal is expected to close on or before June 30, 2025.
Inside the Nook Co-Working Space (see below link)
https://www.globenewswire.com/NewsRoom/AttachmentNg/95fd0752-c86d-4af3-852f-a229f4c126dc
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.
Nook is located No. 1 JLT in Dubai (see below link)
https://www.globenewswire.com/NewsRoom/AttachmentNg/e0dc33ad-74ea-458f-a28b-deff17c7b2c7
Ravi Bhusari, Founder of Nook, commented:
“This will be a defining moment for Nook. We have worked hard over the past few years to build a space that truly serves the needs of the sports and wellness community. Partnering with Sports.com, a visionary brand with global ambitions, unlocks tremendous opportunities for our members”
Sports.com: A Global Launchpad for Sports Startups
Upon completion of the acquisition, the Company 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.
Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com, stated:
“Nook is not just a workspace — it’s a thriving community of sports and wellness entrepreneurs. It aligns perfectly with our vision for Sports.com as a global platform for innovation and impact. With a successful track record of generating profitable revenue and a stellar reputation, it is the ideal location to continue the global presence of the Sports.com brand. We’re excited to work closely with the businesses already operating inside Nook and help them scale faster, smarter and embrace a global mindset.”
Mark Bircham, Director of Lottery.com and Head of Acquisitions at Sports.com, added:
“I’ve had the privilege of working closely with the Nook team over the past six months to bring this deal to completion. The quality of the businesses operating at Nook and the energy of the ecosystem they’ve built made it absolutely worth the wait. We are ready to roll up our sleeves and begin supporting these companies with everything Sports.com has to offer — from networking and licensing to potential investment and acquisition. This is just the beginning.”
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
This press release was published by a CLEAR® Verified individual.
CONTACT: For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Good morning $LTRY Nice green close! News out Today!
$LTRY Update: Lottery.com Inc. Through its new partnership with http://Sports.com, Max it app just got a major upgrade—bringing users across Africa & the Middle East live #sports, 24/7 news, and exclusive content, all in one place.
Read: http://asmbly.link/3J8oBwQ
$LTRY #NASDAQ
Through its new partnership with https://t.co/UMLTKd5Gxr, Max it app just got a major upgrade—bringing users across Africa & the Middle East live #sports, 24/7 news, and exclusive content, all in one place.
— Lottery.com (@lotterydotcom) June 9, 2025
Read: https://t.co/BpkD2y066o
🇺🇸 $LTRY#NASDAQ pic.twitter.com/yJuwXvg7Ta
$LTRY announced that its Chairman and CEO, Matthew McGahan, will present at the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference on Thursday, June 5, 2025, at 1:30 PM Eastern Time.
$LTRY announced that its Chairman and CEO, Matthew McGahan, will present at the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference on Thursday, June 5, 2025, at 1:30 PM Eastern Time.
— Stocks On High ALert💯 (@StockOnHighALer) June 5, 2025
https://t.co/wAeEtvbpFO #Lottery #SportsEntertainment #Sports… pic.twitter.com/NGycANkz9D
Lottery.com Inc. to Present at Noble Capital Markets’ Emerging Growth Virtual Equity Conference
FORT WORTH, Texas, June 05, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY), a leading technology company transforming the intersection of gaming, sports and entertainment, announced that its Chairman and CEO, Matthew McGahan, will present at the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference on Thursday, June 5, 2025, at 1:30 PM Eastern Time.
The presentation will highlight Lottery.com’s recently completed corporate turnaround, the launch of its two new growth divisions — Lottery.com Domestic and International and Sports.com Media and Ventures — and its plans for accelerated growth following the effectiveness of its S-1 registration statement and the securing of a $100 million financing facility.
The formal presentation at the conference will be followed by a Q&A session moderated by a Noble Capital Markets analyst, with questions welcomed from the live virtual audience. Registered, qualified investors will also have the opportunity to schedule 1x1 meetings with Mr. McGahan following the presentation.
Attendees interested in viewing the live presentation can register for the event, at no cost, here: Noble Capital Markets and Lottery.com or https://rebrand.ly/lotterydotcom
A video webcast of the presentation will be available following the event on the Company’s website at ir.lottery.com, and as part of the full catalog of presentations on Channelchek (www.channelchek.com). The webcast will be archived on both sites for 90 days following the event.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
About Noble Capital Markets
Established in 1984, Noble Capital Markets is an SEC/FINRA-registered full-service investment bank and advisory firm with an award-winning research team and proprietary investor distribution platform. Noble provides middle-market expertise to entrepreneurs, corporations, financial sponsors, and investors, having raised billions of dollars and published more than 45,000 equity research reports over the past 40 years.
About Channelchek
Launched in 2018, Channelchek (www.channelchek.com) is an investor community dedicated exclusively to emerging growth companies. Channelchek offers free institutional-quality research, webcasts, and industry articles without a subscription and features more than 7,000 public emerging growth companies.
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
https://www.globenewswire.com/newsroom/ti?nf=OTQ2MzgzMCM2OTc2ODcyIzIyMDk2MzU=
https://ml.globenewswire.com/media/ZWNkOWYxYzgtNjI0Zi00YTAxLWJlYzItMjMxOTUxNzJlNTJmLTEyMjExODgtMjAyNS0wNi0wNS1lbg==/tiny/Lottery-com-Inc-.png
Source: Lottery.com Inc.
The presentation will highlight Lottery.com’s recently completed corporate turnaround, the launch of its two new growth divisions — Lottery.com Domestic and International and Sports.com Media and Ventures — and its plans for accelerated growth following the effectiveness of its S-1 registration statement and the securing of a $100 million financing facility.
$LTRY NEWS: Lottery.com Inc. Launches Investigation into Short Selling Activities
June 3, 2025
FORT WORTH, Texas, June 03, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, announced today that 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.
The Company 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. The Company also believes that it may have been the victim of illegal naked short selling in its stock.
Within the last six months, Lottery.com stock has been listed on Nasdaq’s Regulation SHO Threshold Security List sixteen times, which indicates a significant number of failures to deliver Lottery.com shares. During that time, SEC data shows a high level of failures to deliver, including over 1.12 million shares on February 10, 2025 alone. Large numbers of failures to deliver that persist over a long period of time may be indicative of naked short selling. Moreover, Lottery.com stock has continued to sustain high borrow rates, peaking at over 500%, suggesting an elevated level of demand to short the stock.
The Company will not tolerate the spreading of false information about the Company or the manipulation of its stock. It is prepared to take all actions necessary to report any suspected illegal activity to regulators and to bring actions against anyone that is engaging in illegal activity to safeguard shareholder interest and ensure market transparency.
This investigation builds on prior referrals already made by the Company to certain regulators including Nasdaq MarketWatch, the Securities and Exchange Commission and the Department of Justice.
No stockholder action is required at this time.
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu, and WinTogether, is a unified ecosystem that integrates gaming, entertainment, and sports.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company’s analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company’s internal accounting controls; additional examination of the preliminary conclusions of such review; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company’s ability to regain compliance with the Bid Price Requirement; the Company’s ability to regain compliance with Nasdaq Listing Rules; the Company’s ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
This press release was published by a CLEAR® Verified individual.
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
https://ir.lottery.com/news-releases/news-release-details/lotterycom-inc-launches-investigation-short-selling-activities/
Thanks!
$LTRY $1.42 The http://Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including http://Sports.com, Tinbu, and WinTogether, is a unified ecosystem that integrates gaming, entertainment, and sports. #bullish #nasdaq
Thank you brother:)Man you can pick em
Great News Release! $LTRY “We were delighted with the brand exposure generated this weekend, and of course, especially proud of Sebastian Murray’s strong top 10 finish in only his fourth INDY NXT appearance. This is exactly why we were excited to have Seb represent our brands in INDY NXT. Both Callum Ilott and Louis Foster also showed flashes of brilliance, even though circumstances outside their control made it a tough weekend for them. We remain incredibly optimistic about the future and look forward to supporting all three drivers as the season progresses.”
$LTRY News: Success for Lottery.com and Sports.com in Detroit as Seb Murray Secures Career-Best INDY NXT Finish
DETROIT, June 02, 2025 (GLOBE NEWSWIRE) -- It was a weekend of milestones and resilience for Lottery.com Inc. (Nasdaq: LTRY, LTRYW) ("Lottery.com" or “the Company”) and Sports.com as their drivers took on the challenging Streets of Detroit in both the NTT INDYCAR SERIES and INDY NXT by Firestone.
Leading the charge was Scottish rising star Sebastian Murray, who delivered his best career finish in INDY NXT, securing an impressive P6 after a determined drive through the field. Having qualified strongly on the street circuit for the first time, Murray kept his composure during a chaotic start that eliminated several competitors, including his own teammate. Despite sustaining slight rear-end damage early in the race, Murray battled through, showcasing racecraft and resilience to claim his first-ever top-10 finish in the series.
“That’s a wrap on Detroit. Honestly, this has been a great weekend as a whole. P6 is a great finish for me and the team — our best so far. Massive thank you to everyone back home and the Andretti Cape guys. The car was strong all weekend,” Murray reflected. “It got pretty chaotic at times, and there was some damage that affected our straight-line speed, but overall, it was a strong race. It would’ve been nice to grab a top five, but we’re happy with the points and the progress.”
Murray now moves up to 11th in the INDY NXT standings with 91 points as the series heads next to World Wide Technology Raceway for its first oval race of the season on June 15.
Louis Foster Impresses Before Heart-Stopping Incident in Detroit
In the NTT INDYCAR SERIES, Louis Foster continued to show why he’s one of the sport’s brightest young talents. After a strong showing in practice and qualifying, Foster led his first laps in IndyCar by executing an off-sequence strategy, demonstrating speed and maturity well beyond his rookie status.
Unfortunately, Foster’s promising run ended abruptly when a suspension failure sent him into the wall at over 180 mph. Thanks to IndyCar’s industry-leading safety standards and the rapid response of the AMR Safety Team, Foster walked away without serious injury.
“First, thank you to everyone for all of the messages — I am OK,” said Foster. “Massive thank you to the IndyCar medical team and the AMR Safety Team for putting driver safety first. We were on for a season-best result, leading laps and running strong. It’s disappointing, but that’s racing. We’ll be back in two weeks.”
Foster’s strong qualifying and race pace underscored his rapid adaptation to the series, with an average qualifying position of 13th so far this season — a remarkable statistic for a rookie in the ultra-competitive 27-car field.
Callum Ilott Shows Strong Pace Before Unfortunate Pit Incident
Meanwhile, Callum Ilott, driving for PREMA Racing, showed flashes of brilliance throughout the weekend, consistently running inside the top ten during the race. Starting from 17th on a split tire strategy, Ilott made early gains and was poised for a strong finish. However, a loose wheel led to contact with the wall and an early end to what was shaping up to be a competitive outing.
“The car was feeling good and we were on track for a solid result,” said Ilott. “Unfortunately, the front left didn’t go on properly during the last pit stop, and I couldn’t turn into Turn 1. I’m OK, and the car looks repairable — we’ll regroup and come back stronger.”
Looking Ahead
Lottery.com and Sports.com’s drivers will now shift their focus to the upcoming oval race at World Wide Technology Raceway. Louis Foster has a strong oval pedigree, winning all oval events in INDY NXT last season, including Gateway.
With strong momentum building and lessons learned from Detroit, the future looks bright for the Lottery.com and Sports.com backed drivers as they prepare for the second half of the season.
Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com, commented:
“We were delighted with the brand exposure generated this weekend, and of course, especially proud of Sebastian Murray’s strong top 10 finish in only his fourth INDY NXT appearance. This is exactly why we were excited to have Seb represent our brands in INDY NXT. Both Callum Ilott and Louis Foster also showed flashes of brilliance, even though circumstances outside their control made it a tough weekend for them. We remain incredibly optimistic about the future and look forward to supporting all three drivers as the season progresses.”
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
For more information, please visit www.lottery.com or www.sports.com or contact our media relations team.
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/26c9061b-baaa-4452-907f-78513e1d9ea7https://www.globenewswire.com/NewsRoom/AttachmentNg/02a97cc2-fdc1-46e0-b3b0-be01fcd92516https://www.globenewswire.com/NewsRoom/AttachmentNg/7398e42a-a5d5-41df-bc5f-64b340176b39https://www.globenewswire.com/NewsRoom/AttachmentNg/19dde0b9-86b4-4956-802f-8f1ec3fe1ab0
This press release was published by a CLEAR® Verified individual.
https://www.globenewswire.com/newsroom/ti?nf=OTQ2MTY3MiM2OTcwOTg3IzIyMDk2MzU=
https://ml.globenewswire.com/media/NjdkZTdlZjctNGIyNi00MDVkLTgzNTItYzFlMmQ3NTI1MmRiLTEyMjExODgtMjAyNS0wNi0wMi1lbg==/tiny/Lottery-com-Inc-.png
For more information, please contact our media relations team at press@lottery.com
$LTRY -Great photos (see below) Chevrolet Detroit Grand Prix and Pit Row and LTRY sponsored car and Driver Josh Foster:
$LTRY After successfully streaming 2 boxing matches in 2024, http://Sports.com is set to fully deliver live event coverage in select markets. Live #sports viewership on digital platforms is expected to reach 63% by the end of 2027.
Read: http://asmbly.link/G8HgaFI $LTRY #NASDAQ
$LTRY News: Lottery.com and Sports.com Power Triple Driver Lineup at Detroit Grand Prix
Lottery.com Inc.
Fri, May 30, 2025 at 9:10 AM EDT 5 min read
In This Article:
LTRY
Lottery.com Inc.
Ilott, Foster, and Murray Fly the Flag for Global Brands Across IndyCar and Indy NXT
DETROIT, May 30, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW)(“the Company” or “Lottery.com”) and Sports.com, the next-generation sports media platform, are proud to announce their continued sponsorship of three exceptionally talented drivers — Callum Ilott, Louis Foster and Sebastian Murray — as they take to the streets of Detroit this weekend in both the NTT INDYCAR SERIES and INDY NXT by Firestone.
Callum Ilott Helmet and Car
Lottery.com branded helmet worn by Callum Ilott
Callum Ilott: Lottery.com Helmet Deal Extended Through 2025
Following his standout showing at the Indianapolis 500, Callum Ilott will now wear the Lottery.com logo front and center on his custom helmet for the remainder of the 2025 season. Driving car number 90 for the Prema racing team, Ilott represents Lottery.com’s lead entry in the top-tier INDYCAR SERIES.
“We’re proud to extend our relationship with Callum,” said Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com. “I had the pleasure of spending time with Callum at the Indy 500 following his great drive, and I was really impressed not only by his ability to drive the wheels off a car, but also by his commercial understanding of how important partnerships like this are for the future. We look forward to working with Callum through this year and beyond.”
Louis Foster Helmet
Sports.com branded helmet worn by Louis Foster.
Louis Foster: Sports.com Partnership Continues Post-Indy 500
After finishing 12th and earning Top Rookie Honors at the Indy 500 last weekend, Louis Foster continues his strong run in the Rahal Letterman Lanigan Racing No. 45 car. The Sports.com branding will now appear on the chin of Foster’s car, showcasing the Company’s commitment to elite racing talent.
“Detroit’s a tricky track and there have been some eventful races there in recent years,” Foster commented. “The main goal is to qualify well and stay out of trouble to keep our momentum going.”
“It’s just, like, super bumpy,” he added. “It’s really short and narrow. For us to be on the limit and not end up in the wall, it just makes it very, very challenging. In some areas, it’s very narrow. In others, you have different tarmacs in different corners, which makes it hard to feel the grip of the car.”
“Not only did Louis deliver one of the outstanding drives of the Indy 500 weekend,” said Marc Bircham, Director of Sports.com, “but having spent time with him personally, I can say he’s got a fantastic personality — every sponsor’s dream. He has a great racing pedigree. He’s the complete package.”
Sebastian Murray: Rising Star Continues Indy NXT Journey
In the INDY NXT by Firestone championship, Sebastian Murray will once again carry Lottery.com branding on the rear spoiler and nose wing endplates of his Andretti Cape Motorsports machine. As the youngest driver in the group, Murray’s progression symbolizes the long-term vision for both Lottery.com and Sports.com in supporting emerging motorsport talent and driver development.
“Sebastian represents the future,” said Marc Bircham. “He’s calm under pressure and has the talent to rise quickly through the ranks. We’re excited to watch his journey unfold and to be a part of it.”
“Marc and I also had the pleasure of spending time with Sebastian over the Indy 500 weekend,” said Matthew McGahan, “and he’s not only a charming young man but an exceptional natural driver. There’s no doubt he’s one to watch.”
Detroit Street Circuit: The Challenge Ahead
Detroit’s circuit is one of the most demanding in motorsport, with tight corners, changing surfaces, and limited overtaking zones that test both driver skill and race strategy. This marks the fourth major event in May, closing out the busiest month of the INDYCAR calendar.
Broadcast Schedule (ET):
Fri, May 30 – Practice 1: 3:00 PM (FS2, Sky Sports F1 UK)
Sat, May 31 – Practice 2: 9:00 AM / Qualifying: 12:00 PM (FS1, Sky Sports)
Sun, June 1 – Warm-Up: 9:30 AM / Race: 12:30 PM (FOX, Sky Sports F1 UK)
Triple Sponsorship, One Global Vision
This three-driver lineup exemplifies Lottery.com and Sports.com’s investment in world-class motorsport to raise global brand awareness and fan engagement. From helmet design to car decals, the brands are front and center on one of the most watched racing series in the world.
“This is more than sponsorship — it’s the start of a movement,” said Matthew McGahan. “We’re building long-term equity in the sports and entertainment verticals, and these partnerships are already delivering global brand recognition along with signaling to our shareholders that we are making strides to increase the value of our premium brand assets.”
About Lottery.com
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook.
For more information, please visit www.lottery.com or www.sports.com or contact our media relations team.
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/19dde0b9-86b4-4956-802f-8f1ec3fe1ab0
https://www.globenewswire.com/NewsRoom/AttachmentNg/6f7ef34f-55a7-4558-9225-72e72363a259
This press release was published by a CLEAR® Verified individual.
CONTACT: For more information, please visit www.lottery.com or www.sports.com or contact our media relations team at press@lottery.com.
$LTRY News Out! Lottery.com and Sports.com Power Triple Driver Lineup at Detroit Grand Prix https://finance.yahoo.com/news/lottery-com-sports-com-power-131000631.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
$LTRY Update: The global live events market is projected to hit $1.2T by 2032, according to Benzinga. With our recent $10M deal to acquire DotCom Ventures—w/c owns http://TicketStub.com & http://Concerts.com—we're creating a multi-channel experience.
Read: http://asmbly.link/N0LqrCT
$LTRY
The global live events market is projected to hit $1.2T by 2032, according to Benzinga. With our recent $10M deal to acquire DotCom Ventures—w/c owns https://t.co/04JBJ1lE1A & https://t.co/zDi7FH3pKi—we're creating a multi-channel experience.
— LotteryCom_Live (@LotteryCom_Live) May 29, 2025
Read: https://t.co/Qe8KIstFQD$LTRY pic.twitter.com/2ibjXrXyqG
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