Nasdaq:LTRY
Lottery.com Announces Global Advisory Board to Support Growth Initiatives

FORT WORTH, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery and sports entertainment, announces the establishment of a global advisory board (the “Advisory Board”) to provide active strategic guidance and support the Company’s growth, structure and expansion into new markets.
The Advisory Board will focus on the Company’s two primary brands, Lottery.com and Sports.com, along with its subsidiaries. As Lottery.com navigates complex opportunities for growth, the Advisory Board will offer steady leadership, bringing together industry leaders with deep experience in gaming, technology, operations, media, compliance and private equity. This distinguished group will provide independent advice on evolving trends and challenges to Lottery.com’s board of directors and executive management team, helping evaluate the Company’s current business model, refine operations and explore new trends and prospects to accelerate growth. Additionally, the Advisory Board will support corporate governance and offer strategic recommendations to ensure compliance and long-term stability.
The initial members of the Advisory Board are:
- Chairman: Cary S. Fitchey, Senior Managing Partner at British Pacific Partners LLC, a Los Angeles-based advisory firm and merchant bank. Mr. Fitchey raised and invested over $2 billion in the U.S., Europe and South Africa. Mr. Fitchey has been a special consultant to the CEO of the Company since May 2024 and has years of experience in acquisitions, strategy, compliance and corporate governance.
- Ashleigh Barry, Senior Vice President of Strategic Communications, National Association for Veteran’s Rights. A multiple Emmy and Edward R. Murrow Award-winning journalist, Ms. Barry has an extensive background in U.S. Federal Government advisory roles.
- Damien Lipman, Founder and Managing Director, TenXnet FZCO, a company specializing in providing payment solutions for complex jurisdictions. His career began as a British Army officer in The Life Guards Household Cavalry, where he served for eight years, including operational deployments in Afghanistan, earning recognition for leadership in high-pressure environments. His career also includes leadership roles in consultancy, hedge fund marketing, financial operations, business development and strategic partnerships.
- Sam Verma, Co-Founder and Chairman, FansXR, a portfolio of fan-controlled 2D, 360 and animated entertainment and sports gamification powered by extended reality and augmented data overlays. He has helped develop projects in hospitality, casinos and online gaming, along with extensive experience in international banking, communications, technology and marketing.
While Lottery.com continues to focus on the future, guided by principles such as integrity and transparency, it anticipates that the Advisory Board will also offer valuable insight and make recommendations to the Company moving it further and further away from legacy matters associated with the Company’s prior management. The formation of the Company’s Advisory Board comes at a favourable time as Lottery.com experiences renewed interest from investors following a Notice of Effectiveness for its S-1 from the SEC last quarter.
The Advisory Board will provide valuable expertise in responsibly expanding the Lottery.com brand, identifying and evaluating new markets that currently support lottery and sweepstakes games or are considering legalizing gaming. In 2023, the global lottery market was valued at approximately $335 billion, with nearly 30% of proceeds allocated to public programs such as education, veterans’ affairs, and healthcare. Lottery.com, with guidance from its Advisory Board, aims to enhance its impact in these areas by creating a sustainable philanthropic framework within its business model, reinforcing its commitment to social responsibility and community development.
Matthew McGahan, Lottery.com Chairman and CEO, commented:
“Immediately after receiving the Notice of Effectiveness from the SEC regarding our S-1 last fall, I met with the Company’s directors and executive team to discuss the formation of this advisory board. This is an important step to best position the Company for growth in a way that ensures compliance, trust with our customers and maximizes shareholder value.”
Cary Fitchey, Lottery.com Advisory Board Chairman, added:
“The Advisory Board will actively focus on how the Company can facilitate growth while navigating complexities of operating and marketing in multiple domestic and international markets. Our role is to support and augment the board and management to ensure the ongoing growth and structuring of the Company to achieve the value for our shareholders and the communities we serve.”
Ashleigh Barry, Lottery.com Advisory Board member also comment:
“Advocacy and strategic communication are essential in today’s evolving business landscape, and I am honored to join Lottery.com’s Advisory Board at such a transformative time for the Company. Lottery.com’s commitment to integrity and expansion aligns with my passion for driving meaningful impact, and I look forward to helping the company navigate its next phase of growth in the digital lottery and sports entertainment industry.”
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 June 14, 2024, 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].
Nasdaq:LTRY
Lottery.com Launches New Content Production and Revenue-Generating Arm: Sports.com Studios

FORT WORTH, Texas, March 25, 2025 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery and sports entertainment, has announced the launch of Sports.com Studios (“SDCS”). SDCS will serve as the Company’s dedicated content creation arm, producing original content for the Sports.com platform along with generating revenue through content licensing and distribution to third parties. The first original productions from SDCS are expected in the third quarter of 2025.
Marc Bircham, Director of Sports.com and QPR legend, commented:
“We have always envisioned Sports.com creating its own original content for a global audience. In today’s crowded media landscape, brands face increasing challenges in reaching consumers. By launching Sports.com Studios, we are establishing a dedicated resource that will produce bespoke, high-quality content tailored to our audience. This initiative positions us as a premier sports content creator, producing compelling content that fans truly want to see. Sport has given me everything, and I know how powerful storytelling can be. With Sports.com Studios, we’re building something authentic that puts athletes and fans at the center.”
Cultivating Fan Engagement and Loyalty
Exclusive behind-the-scenes footage, player interviews and custom documentaries will offer audiences a personal in-depth look at their favorite teams, players and games. By offering fans deeper engagement with players, teams and leagues, SDCS will strengthen fan loyalty while driving increased interaction with the Sports.com brand. These initiatives will also unlock new revenue streams through advertising, sponsorships and pay-per-view content.
Establishing Brand Differentiation
Offering exclusive sports content allows Sports.com to carve out a distinct identity in the sports entertainment space. By delivering content that cannot be found elsewhere, SDCS aims to drive viewership, enhance subscription-based revenue and attract strategic brand partnerships.
Multiple Monetization Opportunities
The launch of Sports.com Studios will open or expand several revenue streams, including:
- Advertising & Sponsorships – High-quality, exclusive content is highly attractive to brands seeking to engage curated and engaged audiences.
- Subscription & Pay-Per-View Models – Platforms like Netflix and ESPN+ have demonstrated that premium sports content can successfully attract and retain paying subscribers.
- Merchandising & Licensing – Original, exclusive sports content will create demand for team-related merchandise, memorabilia, and other brand extensions.
Maximizing Social Media Reach & Virality
The production of tailored content for platforms like Instagram, TikTok and YouTube will boost brand visibility and audience engagement. Viral moments—whether behind-the-scenes footage, challenges, or iconic sports highlights—will drive widespread brand awareness and cultivate a dedicated, interactive fan base.
Leveraging a Data-Driven Content Strategy
SDCS will collect valuable insights on audience preferences, viewing habits and engagement patterns. This data will be leveraged to refine future content strategies, optimize marketing efforts and further enhance the fan experience. The audience data allows advertisers to optimize campaigns for better engagement by targeting specific demographics, interests and behaviors. The Company is committed to protecting user privacy and will implement data security protocols to ensure all data is responsibly managed and in compliance with relevant regulations.
Expanding Global Reach
SDCS will produce diverse content formats designed to appeal to a broad range of audiences ranging from short-form videos, curated to in-depth documentaries. SDSC aims to attract a broad, global audience by delivering exclusive, engaging content to sports consumers around the world. The Company has signed on three global ambassadors to promote SDCS to a global audience. Joining Bircham are Tamer Hassan and Ant Middleton.
Tamer Hassan, Lottery.com Director, legendary actor and sports advocate:
“This is more than just content—it’s culture. Sports.com Studios is giving fans a new way to connect with the sports and personalities they love. I’m proud to be a part of something that truly celebrates the spirit of sport.”
Ant Middleton, retired United Kingdom Special Forces (SBS) operator and the long time host of SAS: Who Dares Wins:
“Discipline, resilience, and high performance—those values are at the core of both elite sports and elite military units. I’m excited to bring that energy to Sports.com Studios and inspire audiences with stories that matter.”
Matt McGahan, Chairman and CEO of Lottery.com, stated:
“The value of original sports content extends far beyond entertainment—it fosters engagement, drives revenue, expands our audience reach and builds long-term emotional connections with fans. From the outset, one of our key objectives was to deliver high-quality, original content to sports audiences around the world. With the launch of Sports.com Studios, we are now able to achieve this vision while creating new revenue opportunities and increasing shareholder value. We are incredibly excited to see this venture take off.”
For more information, please visit www.lottery.com.
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 June 4, 2024, 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 contact our media relations team at [email protected].
Nasdaq:LTRY
Lottery.com Completes Spektrum Ltd Acquisition Deal at a $3 Share Price

IP is Key Component for International Operations
FORT WORTH, Texas, March 19, 2025 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery and sports entertainment, has completed the acquisition of Spektrum Ltd from PlusEvo Ltd through a signed Share Purchase Agreement (SPA) on March 13, 2025. This acquisition, valued at $1.5 million in common stock at $3 per share, supports Lottery.com’s strategic expansion and the development of Lottery.com International. The acquisition provides the Company with a compliant platform to support lottery, sweepstakes and social gaming operations in dozens of international jurisdictions.
Matthew McGahan, Chairman and CEO of Lottery.com, commented:
“I am delighted about this acquisition. Lottery.com is on track to becoming a globally recognized and trusted brand, and this acquisition is a pivotal step in establishing our international presence. Owning and controlling our proprietary technology strengthens our ability to scale operations worldwide, aligns with our commitment to relaunch Lottery.com’s ticket sales operations, and unlocks greater geographical revenue opportunities—ultimately delivering increased value to our shareholders. This tech deal is the first closed deal of 2025, marking an exciting milestone following our successful executive summit.”
This acquisition marks the first of several strategic moves planned for 2025 as Lottery.com pursues further domestic and international expansion. With multi-jurisdictional operations and an initial focus on Europe, Africa, and Asia, the Company is positioned to significantly broaden its brand reach, expand its audience, and accelerate revenue growth in the coming months.
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 June 4, 2024, 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].
Nasdaq:LTRY
Lottery.com Announces Results From 2025 Corporate Summit

BOCA RATON, Fla., March 18, 2025 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery and sports entertainment, completed its First Quarter Executive Planning meetings on March 13. The multi-day event brought together the Company’s directors, executives, and advisors along with strategic partners to formalize short- and long-term plans. The outcome was a clear plan to shape the future of Lottery.com and Sports.com and a curated list of achievable strategic initiatives.
Key Outcomes from the Summit
Strategic Vision & Business Plan
Leadership engaged in a forward-looking review of Lottery.com and Sports.com’s roadmap, aligning on core objectives for growth, market expansion and innovation in the sports entertainment and gaming sectors.
Acquisition and Partnership Strategy
The Company has been evaluating additional strategic acquisitions and partnerships. During the last 18-months, the Company has entered into agreements or completed acquisitions of three companies. Two of the acquisitions were technology focused while the other opened up access to hundreds of industry partners in the key MENA region.
Two key criteria in the evaluation process are that any acquisition or partnership must add value to the Company’s brand portfolio or accelerate and diversify the Company’s revenue streams. The Company’s management team prioritized the list of prospects based on the immediacy of a deal’s impact on shareholder value and those that can be completed in 2025. The principal officers of many of the organizations were invited to the summit which allowed the parties to fast-track discussions on deal terms, new key value propositions, cost saving strategies, and go-to-market plans. These acquisitions and partnerships will significantly bolster Lottery.com and Sports.com’s capabilities across multiple sectors:
Enhancing Lottery.com’s Domestic & International Technology
The Company is focused on enhancing and expanding the capabilities of its proprietary gaming platform. Acquiring complementary platforms offering jurisdictional-specific capabilities will strengthen Lottery.com’s technology infrastructure, improving efficiency and global scalability.
Revolutionizing Sports.com’s Media & Streaming Capabilities
Positioning Sports.com to meet the needs of today’s sports content consumers while also attracting an audience that embraces the future of sports-content consumption is critical to the Company’s growth plans. A cutting-edge media technology acquisition will enable live event streaming that aims to position Sports.com as a dominant force in sports entertainment. These technologies have applications beyond sports which have the potential to open up revenue streams in the broader entertainment industry.
Entering the World of Esports, Gaming, Entertainment and Sports Content
The global esports market size was estimated at $2.06 billion in 2024 with projected annual growth of 20.7% according to Fortune Business Insights. The Company plans to capitalize on this growth by leveraging its existing motorsports relationships to focus on esports racing. Linking gaming and entertainment with sports through gaming technology reinforces Sports.com’s immersive fan engagement strategy.
Sports Partnerships & Ownership
Sports.com is in discussions with various professional clubs and sports organizations across different disciplines. The company is engaged in negotiations with a UK football club, a US football club, and other major sporting brands, aiming to establish strategic partnerships and ownership positions that will drive its expansion and market presence.
Funding Expansion
The partnership and acquisition strategy will be funded by the Company’s existing investment partners. One has offered to increase its funding commitment to the Company by $200 million, to sit alongside the $150 million facility with UCI London, to drive acquisitions, enhance technology and fuel rapid expansion—supporting the Company’s buy-and-build strategy.
Matthew McGahan, Lottery.com Chairman and CEO, commented:
“This week’s summit was transformative. Bringing our leadership team together with heads of our several key partners has set the stage for an exciting period of growth. With cutting-edge technology integrations, strategic acquisitions and a robust financial roadmap, we are entering a new era for both Lottery.com and Sports.com.”
With an ambitious roadmap ahead, Lottery.com and Sports.com are poised to accelerate growth, enhance shareholder value, and redefine the future of gaming, sports entertainment, and digital engagement.
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 June 4, 2024, 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].
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