Popular on Rezul
- Honoring Black History, Culture, and Community in Fall River
- Token-Operated Sake Service Opens at Tobu Nikko Station
- Cheryl Hines' Trailer PROWLING to Sardinia
- $77.8 Million in Revenue Through April 2025, Confirms Full-Year Guidance; Fast-Track to 400 Million Run Rate; $1 Billion Target After Key Acquisition
- Integris Composites Joins Paris Air Show at USA Pavilion
- Corner Property Management Now Managing Van Wagenen Terrace COA in Jersey City, NJ
- New Study Reveals Nearly Half Of TikTok Shop Stores Generate Zero Sales Despite Platform's $100 Million Black Friday Success
- AIRSED Launches Revolutionary AI-Driven Financial Analysis Platform, Democratizing Elite Investment Tools for Global Markets
- Global Court Momentum Builds Against Forced Psychiatry; CCHR Urges U.S. Reform
- Real Estate Buyers and Sellers Marry The Home Date The Rate
Similar on Rezul
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- Cynthia Pinot Among Artists Selected for Renowned London Art Biennale 2025
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
- Digital Watchdog Launches New myDW Cloud Services
- Drone Light Shows Emerge as the New Standard in Live Event Entertainment
- Lore Link is Here to Help Organize Your Game
- AI Innovation Dual-Strategy Business Model Focused on Real Estate Development for Strategic Expansion: OFA Group, (N A S D A Q: OFAL)
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
Global Expansion Fueled via Agreement to Take 90% Ownership of Nook Holdings UAE-Based Sports Incubator by Online Lottery & Sports Game Provider
Rezul News/10704896
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 - Rezul -- 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.
More on Rezul News
The LTRY family of brands — including Sports.com, Concerts.com, and TicketStub.com, is a unified ecosystem that integrates gaming, entertainment and sports.
More than just an app, but a complete lottery experience on the phone, LTRY gives users instant access to all the winning numbers, jackpot sizes, and draw times for all their favorite lotteries. Plus, LTRY will even let users know when the jackpots reach a size worth playing.
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.
More on Rezul News
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.
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.
More on Rezul News
- Cynthia Pinot Among Artists Selected for Renowned London Art Biennale 2025
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
- Networking For A Cause - NYC Professionals come together to network for a cause
- "Navigating Florida's New Condo Laws: What Central Florida Owners & Buyers Need to Know"
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
The LTRY family of brands — including Sports.com, Concerts.com, and TicketStub.com, is a unified ecosystem that integrates gaming, entertainment and sports.
More than just an app, but a complete lottery experience on the phone, LTRY gives users instant access to all the winning numbers, jackpot sizes, and draw times for all their favorite lotteries. Plus, LTRY will even let users know when the jackpots reach a size worth playing.
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.
More on Rezul News
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- Walnut Hills Launches Off-Grid Hempcrete Homes and Eco-Retreat in Western NC
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- Raidium révolutionne le diagnostic de la Sclérose en Plaques en partenariat avec l'Hôpital Fondation Adolphe de Rothschild
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
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.
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
Filed Under: Financial, Investment
0 Comments
Latest on Rezul News
- New Report: Slip and Fall Accidents Rank as the Leading Cause of Construction Site Fatalities
- Veteran Home Advantage Expands to Virginia, Offering $0 Down and $0 Closing Costs to Veterans
- Get Your Cowboy Boots On! Causeway Country BBQ Music Festival Kicks Off September 12–14 in Ft. Pierce
- Retired Hobbyist Launches Bold Weekly Album Project Using AI Songwriting Tools
- DimHum Launches Revolutionary CrowdShipping Service
- Eolian Signs New Information Exchange Agreement with the U.S. Department of Defense for Technology Innovation
- Infinite Health Introduces Cutting-Edge Regenerative Medicine for Wound Care with Trip Goolsby, MD
- Top Dentist Concord CA, Smile Makers Dental Care, Celebrates 500 5-Star Reviews
- Bio-Inspired Technology-Dynamic and Adaptable for unknown real-world environments
- Dedeaux Properties Begins Construction on Truck Terminal and Industrial Outdoor Storage Facility
- Michael Reafsnyder opens solo exhibition at Scott Richards Contemporary Art in San Francisco
- Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
- Paulding County's Old Mill Preserve Now Open to the Public in Georgia
- Kramer Real Estate: The Boutique Brokerage Quietly Taking Over North Texas
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Salazar Heating, Cooling & Plumbing Launches Water Conservation Initiative to Help Santa Fe Homeowners Cut Water Waste
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- Winners Development Corporation Pioneers Skyscraper In South Dallas