Welcome to our dedicated page for Lottery Com news (Ticker: LTRY), a resource for investors and traders seeking the latest updates and insights on Lottery Com stock.
Lottery.com (LTRY) delivers a technology-driven approach to lottery participation and digital sports engagement. This page serves as the definitive source for official company announcements, financial updates, and strategic developments. Investors and industry observers will find timely information on platform innovations, regulatory milestones, and market expansion efforts.
Our curated news collection provides insights into earnings reports, partnership announcements, and product enhancements across Lottery.com's digital ecosystem. The content spans both consumer-facing lottery services and B2B API solutions, reflecting the company's dual focus on user experience and commercial integrations. Regular updates ensure stakeholders stay informed about compliance achievements and international growth initiatives.
Bookmark this page for streamlined access to verified updates about Lottery.com's mobile platform advancements, Sports.com integrations, and technology infrastructure improvements. Check back frequently to monitor how the company continues to redefine digital lottery access while maintaining rigorous security standards across global markets.
Lottery.com (Nasdaq: LTRY) announced that CEO and Co-Founder Tony DiMatteo will participate in a fireside chat at the ICR Virtual Conference 2022 on January 11, 2022, at 8:00 AM ET. This session will be hosted by Jason Tilchen, an Equity Research Analyst at Canaccord Genuity Group. A live webcast of the event will be available on Lottery.com’s Investor Relations website, with a replay accessible for 90 days. The ICR Conference is a significant event featuring over 300 companies, focusing on insights into growth strategies and investment trends.
Lottery.com Inc. (Nasdaq: LTRY, LTRYW) has appointed Greg Potts as the Global Vice President of Affiliate Success. With over 25 years of strategic marketing experience, Potts will spearhead the company’s B2B growth strategy and oversee its newly launched Global Affiliate Marketing Program. The company plans to launch targeted customer marketing campaigns before 2021 ends, focusing on paid social media and SEO, while maintaining customer acquisition costs at approximately $4 per user. Gross profit per transaction rose to $1.69 in Q3 2021, up from $0.93 the previous year.
Lottery.com (Nasdaq: LTRY, LTRYW) will participate in the Jefferies Sports Betting and iGaming Summit on December 2, 2021, with Co-Founder and CEO Tony DiMatteo leading a fireside chat at 4:00 p.m. Eastern Time. The event provides a platform for discussing the company's innovative lottery technology and community initiatives. Interested participants can access the live webcast and its replay for 30 days here.
Lottery.com announced a video by CEO Tony DiMatteo discussing the company's Global Affiliate Marketing Program and growth initiatives. This program aims to create multiple revenue streams and enhance the B2B2C user base, with expected sales growth into Q4 2021 and beyond. Lottery.com focuses on transforming lottery play through innovative technology, catering to players and partners both domestically and internationally, while also promoting charitable giving through its platform WinTogether.org.
In the third quarter of 2021, Lottery.com reported revenues of $32.2 million, a significant increase from $1.6 million a year prior. The net income rose to $11.2 million compared to a net loss of $1.2 million in Q3 2020, reflecting strong growth driven by a global affiliate marketing program. Gross profit reached $20.3 million, up from $0.9 million, aided by a dynamic pricing model. The company anticipates meeting its full-year 2021 revenue guidance of $71 million and focuses on expanding product offerings and user base following its recent business combination with Trident Acquisitions Corp.
Lottery.com (Nasdaq: LTRY) launches the Music4ClimateJustice campaign via its platform WinTogether.org to support global climate initiatives.
The campaign, starting November 4, 2021, offers five unique prizes to incentivize donations for climate justice, benefiting various non-profits. Artists like Akon and Bootsy Collins support this initiative, focusing on raising funds to assist communities affected by climate change.
Donations can lead to prizes like an eco-experience in Norway or a trip to Belize, continuing until March 20, 2022.
Lottery.com announces the development of Project Nexus, a platform aimed at enhancing security and transparency in lotteries and online gaming. This initiative involves partnerships with leading blockchain providers to integrate blockchain technology, improving game integrity and player trust. The platform will enable players to participate in proprietary international lottery games using fiat or crypto currencies, potentially leading to multi-billion dollar jackpots. The project also emphasizes social responsibility by allowing users to vote on charity allocations from winnings.
Lottery.com Inc. will begin trading on Nasdaq under the ticker symbol LTRY starting November 1, 2021, following its business combination with Trident Acquisitions Corp.. The merger was approved by Trident's stockholders on October 28, 2021, with 99.6% of Trident's outstanding stock retained, providing Lottery.com with gross proceeds exceeding $63 million. CEO Tony DiMatteo expressed optimism regarding future growth and access to capital through this transition. The newly formed entity aims to expand its customer base and enhance product offerings.
Lottery.com Inc. has successfully completed its business combination with Trident Acquisitions Corp., with the new company trading on Nasdaq under the ticker symbol LTRY starting November 1, 2021. The merger was approved by Trident's shareholders on October 28, 2021, and Lottery.com received gross proceeds exceeding $63 million, as 99.6% of Trident’s stockholders chose to retain their shares. The company plans to utilize this capital to enhance growth, improve customer acquisition, and expand its service offerings.
Trident Acquisitions Corp. announced that 99.6% of its stockholders retained their shares in a business combination with Lottery.com, leading to over $63 million in gross proceeds. This transaction is expected to close on October 29, 2021, with Lottery.com’s shares starting to trade on Nasdaq as LTRY on November 1, 2021. CEO Tony DiMatteo expressed gratitude for stockholder support and highlighted plans for expansion and strategic acquisitions in both domestic and international markets, aiming to disrupt the traditional lottery industry.
