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Sports.com Expands Geographical Footprint, Launching in New Markets Across Asia

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Sports.com, a subsidiary of Lottery.com Inc. (Nasdaq: LTRY, LTRYW), has expanded its geographical footprint by launching in new markets across Asia. The company has partnered with Forest Interactive to go live in Malaysia, the UAE, Saudi Arabia, and the broader MENA region. This expansion is part of Sports.com's strategy to deliver premium sports content to millions of potential fans worldwide.

The platform's global reach is growing rapidly through partnerships with leading telecommunications companies, resulting in a subscriber base now in the millions. Sports.com is focusing on providing valuable and engaging sports content to fans in diverse and remote markets. In the coming months, the company plans to introduce more live sporting events and original content to engage wider audiences across its expanding global network.

Sports.com, una filiale di Lottery.com Inc. (Nasdaq: LTRY, LTRYW), ha ampliato la sua presenza geografica lanciando nuovi mercati in Asia. L'azienda ha collaborato con Forest Interactive per avviare le sue operazioni in Malaysia, negli Emirati Arabi Uniti, in Arabia Saudita e nell'ampia regione MENA. Questa espansione fa parte della strategia di Sports.com per offrire contenuti sportivi di alta qualità a milioni di potenziali fan in tutto il mondo.

La portata globale della piattaforma sta crescendo rapidamente grazie a partnership con importanti compagnie di telecomunicazioni, dando vita a una base di abbonati che conta ormai milioni di utenti. Sports.com si sta concentrando sulla fornitura di contenuti sportivi preziosi e coinvolgenti per i fan in mercati diversi e remoti. Nei prossimi mesi, l'azienda prevede di introdurre più eventi sportivi dal vivo e contenuti originali per coinvolgere un pubblico più ampio sulla sua rete globale in espansione.

Sports.com, una subsidiaria de Lottery.com Inc. (Nasdaq: LTRY, LTRYW), ha ampliado su huella geográfica lanzando en nuevos mercados en Asia. La compañía se ha asociado con Forest Interactive para comenzar operaciones en Malasia, los Emiratos Árabes Unidos, Arabia Saudita y la vasta región MENA. Esta expansión es parte de la estrategia de Sports.com para ofrecer contenido deportivo premium a millones de posibles aficionados en todo el mundo.

El alcance global de la plataforma está creciendo rápidamente a través de asociaciones con compañías líderes en telecomunicaciones, resultando en una base de suscriptores ahora en millones. Sports.com se está enfocando en proporcionar contenido deportivo valioso y atractivo para los aficionados en mercados diversos y remotos. En los próximos meses, la compañía planea introducir más eventos deportivos en vivo y contenido original para involucrar a audiencias más amplias en su red global en expansión.

Sports.com은 Lottery.com Inc. (Nasdaq: LTRY, LTRYW)의 자회사로, 아시아의 새로운 시장에 진출하여 지리적 입지를 확장했습니다. 이 회사는 Forest Interactive와 협력하여 말레이시아, 아랍에미리트, 사우디아라비아 및 광범위한 MENA 지역에서 서비스를 시작했습니다. 이번 확장은 전 세계 수백만의 잠재 팬에게 프리미엄 스포츠 콘텐츠를 제공하기 위한 Sports.com의 전략의 일환입니다.

플랫폼의 글로벌 범위는 주요 통신사와의 파트너십을 통해 빠르게 성장하고 있으며, 이제 수백만 명의 구독자를 확보하고 있습니다. Sports.com은 다양한 원거리 시장의 팬들에게 가치 있고 매력적인 스포츠 콘텐츠를 제공하는 데 집중하고 있습니다. 향후 몇 달 동안 이 회사는 라이브 스포츠 이벤트 및 원본 콘텐츠를 도입하여 확장되고 있는 글로벌 네트워크에서 더 많은 관객을 참여시킬 계획입니다.

Sports.com, une filiale de Lottery.com Inc. (Nasdaq: LTRY, LTRYW), a élargi son empreinte géographique en se lançant sur de nouveaux marchés en Asie. L'entreprise s'est associée à Forest Interactive pour démarrer ses activités en Malaisie, aux Émirats Arabes Unis, en Arabie Saoudite et dans la vaste région MENA. Cette expansion fait partie de la stratégie de Sports.com pour offrir des contenus sportifs premium à des millions de fans potentiels dans le monde entier.

La portée mondiale de la plateforme croît rapidement grâce à des partenariats avec des entreprises de télécommunications de premier plan, ce qui donne une base d'abonnés maintenant en millions. Sports.com se concentre sur la fourniture de contenus sportifs précieux et engageants pour les fans dans des marchés divers et éloignés. Dans les mois à venir, l'entreprise prévoit d'introduire davantage d'événements sportifs en direct et de contenus originaux pour engager un public plus large sur son réseau mondial en expansion.

Sports.com, eine Tochtergesellschaft von Lottery.com Inc. (Nasdaq: LTRY, LTRYW), hat ihre geografische Präsenz durch den Eintritt in neue Märkte in Asien erweitert. Das Unternehmen hat mit Forest Interactive zusammengearbeitet, um in Malaysia, den Vereinigten Arabischen Emiraten, Saudi-Arabien und der weiteren MENA-Region zu starten. Diese Expansion ist Teil der Strategie von Sports.com, Millionen von potenziellen Fans weltweit hochwertigen Sportinhalt zu bieten.

Die globale Reichweite der Plattform wächst schnell durch Partnerschaften mit führenden Telekommunikationsunternehmen, was zu einer Abonnentenbasis führt, die nun in die Millionen geht. Sports.com konzentriert sich darauf, wertvolle und ansprechende Sportinhalte für Fans in verschiedenen und abgelegenen Märkten bereitzustellen. In den kommenden Monaten plant das Unternehmen, weitere live Sportveranstaltungen und originelle Inhalte anzubieten, um ein breiteres Publikum über sein expandierendes globales Netzwerk zu erreichen.

Positive
  • Expansion into new Asian markets, including Malaysia, UAE, Saudi Arabia, and MENA region
  • Partnership with Forest Interactive to facilitate market entry
  • Rapidly growing subscriber base now in the millions
  • Plans to introduce more live sporting events and original content
Negative
  • None.

Announces Partnership With Forest Interactive

LONDON, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”) is pleased to announce that Sports.com, a global leader in digital sports entertainment, has significantly expanded its geographic reach, launching its platform and content in new markets across Asia. This expansion is part of Sports.com’s ongoing commitment to delivering premium sports content to millions of potential fans worldwide, further extending its commercial reach beyond Africa and the Middle East.

With increasing global demand for high-quality sports entertainment, particularly for core sporting events, Sports.com continues to lead the industry. By partnering with Forest Interactive, the platform is now live in Malaysia, the UAE, Saudi Arabia, and the broader MENA region.

These regions are home to millions of sports enthusiasts, and this expansion allows Sports.com to tap into a growing fanbase, providing enhanced access to live sporting events and high-quality content.

Sports.com is focused on delivering valuable and engaging sports content to fans in diverse and remote markets. The platform's global reach is expanding at an unprecedented rate through strong partnerships with leading telecommunications companies, resulting in a rapidly growing subscriber base that is now in the millions.

Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com, said:

“Sports.com continues its geographical expansion, launching in new markets across Asia, and we are really pleased to see the uptake in sports viewership across core sporting events. In partnership with leading marketing partner Forest Interactive, our content and platform offerings are now live in Malaysia, the UAE, Saudi Arabia, and across MENA, reaching millions of potential sports enthusiasts.”

Tim Scoffham, consultant for Sports.com, commented:

“Sports.com is fully committed to delivering valuable content to sports fans in diverse and remote markets. Our platform’s growth is remarkable, and our combined reach of users is now in the millions and increasing on a daily basis. We’re bringing sports entertainment to places that need it most, and our rapid growth is a testament to that effort.”

In the coming months, Sports.com will be introducing more live sporting events and original content aimed at engaging wider audiences across its expanding global network. This commitment to delivering unique and compelling content is set to further enhance the user experience and reinforce the Company’s position as a dominant player in the global sports entertainment industry.

Tim Scoffham added:

“Forest Interactive has been instrumental in enabling our live services across multiple territories. More live events and original content will drive even more users and engage wider audiences as Sports.com continues to expand in developing markets worldwide. Our platform is prepared to provide sports enthusiasts with a seamless, comprehensive sports entertainment experience, and we are proud of what we’ve accomplished so far.”

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 (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements, other than statements of present or historical fact included in this press release, regarding the company’s future financial performance, as well as the company’s strategy, future operations, revenue guidance, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” 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. Except as otherwise required by applicable law, Lottery.com 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. Lottery.com 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 Lottery.com. In addition, Lottery.com cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) the outcome of any legal proceedings that may be instituted against Lottery.com; (ii) Lottery.com’s ability to maintain effective internal controls over financial reporting, including the remediation of identified material weaknesses in internal control over financial reporting relating to segregation of duties with respect to, and access controls to, its financial record keeping system, and Lottery.com’s accounting staffing levels; (iii) the effects of competition on Lottery.com’s future business; (iv) risks related to Lottery.com’s dependence on its intellectual property and the risk that Lottery.com’s technology could have undetected defects or errors; (v) changes in applicable laws or regulations; (vi) risks related to the COVID-19 pandemic and its effect directly on Lottery.com and the economy generally; (vii) risks relating to privacy and data protection laws, privacy or data breaches, or the loss of data; (viii) the possibility that Lottery.com may be adversely affected by other economic, business, and/or competitive factors; (ix) the ability of Lottery.com to achieve its strategic and growth objectives as stated or at all; and (x) those factors discussed in the proxy statement/prospectus filed by Lottery.com with the SEC under the heading “Risk Factors” and the other documents filed, or to be filed, by Lottery.com with the SEC. 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. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that Lottery.com 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.


FAQ

What new markets has Sports.com expanded into?

Sports.com has expanded into new markets across Asia, specifically launching in Malaysia, the UAE, Saudi Arabia, and the broader MENA region.

Who has Sports.com partnered with for this expansion?

Sports.com has partnered with Forest Interactive to facilitate its expansion into new Asian markets.

What is Sports.com's current subscriber base?

According to the press release, Sports.com's subscriber base is now in the millions and is rapidly growing.

What are Sports.com's plans for future content?

Sports.com plans to introduce more live sporting events and original content in the coming months to engage wider audiences across its expanding global network.

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