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

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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

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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.

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“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.

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“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.

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CONTACT: For more information, please visit www.lottery.com or contact our media relations team at [email protected].

FORT WORTH, Texas, June 23, 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 that it has successfully executed an Amendment to its Stock Purchase Agreement with Generating Alpha Ltd., expanding the committed financing facility from $100 million to $300 million, while reducing the discount Generating Alpha receives saving the Company nearly $12 million over the life of the funding facility.

This strategic amendment reflects the deepening partnership between Lottery.com and Generating Alpha, and includes materially improved terms for the company:

• Facility Increased: From $100 million to $300 million, enabling more accretive, cash-generating acquisitions to support share price growth.
• Improved Discount Rate: Increased from 90% to 94%, reducing the effective discount to just 6%.
• Cushion Eliminated: Removal of the trading cushion allows greater flexibility in capital deployment.
• Simplified Put Mechanism: Streamlined structure aligned with investor protections.

Matthew McGahan, CEO and Chairman of Lottery.com, commented:

“This strategic financing puts Lottery.com in the driver’s seat. We retain full control and discretion to issue shares based on market strength, which makes this financing far less dilutive than typical equity structures. As the share price strengthens, we can secure more capital for fewer shares. Generating Alpha’s continued support enables us to fully focus on achieving our acquisition roadmap and delivering shareholder value.”

Generating Alpha remains a long-term partner, holding shares from the initial issuance and expressing strong belief in the long-term growth prospects of the Company.

“This is more than a capital facility—it’s a vote of confidence in our vision,” McGahan continued. “Generating Alpha has been a committed and strategic partner as we scale Lottery.com and Sports.com. The upsized and improved facility will help accelerate the closing of multiple acquisitions, including Concerts.com that we hope will transform our profile from a micro-cap to a mid-cap platform, with real revenue, assets and global visibility.”

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The Company has successfully drawn down $1.87 million in recent weeks. This capital has been used for core business operational expenses, along with funding revenue-generating acquisitions and delivering tangible value to shareholders.

Lottery.com and Generating Alpha have worked closely in recent months to evaluate and prioritize a pipeline of acquisition targets. This revised facility ensures that the Company can move decisively on opportunities involving cash-flow positive targets and tangible assets, potentially including acquisitions that have hard tangible real estate assets.

“The expansion to $300 million was driven by real needs,” McGahan added. “We’re not sitting on ideas—we’re executing on them. This facility is not dilutive for the sake of survival. It’s being deployed to fuel accretive acquisitions and operational scale.”

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.

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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 [email protected].

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.”

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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.

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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/b2659dc2-b362-4f61-9979-442e858243b6

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 [email protected].

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