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Business
February 16, 2024
Lottery.com Acquires SportLocker and Unveils Next-Gen Sports Entertainment Platform
Lottery.com, a prominent online lottery services provider, has made a strategic move in the digital entertainment landscape by acquiring S&MI Ltd, the parent company of SportLocker, and simultaneously launching it as Sports.com. This acquisition will see Sports.com emerge as a next-gen digital sports entertainment platform, blending innovative community-driven features with expansive content and technology. The […]
Business
December 19, 2023
Lottery.com Secures New Investment, Expresses Optimism about 2024
Lottery.com reported that its financial position was bolstered thanks to a placement agent agreement with Univest Securities, a boutique full-service investment bank. Under this deal, the latter firm introduced Lottery.com to new investors. This resulted in an initial investment of a million dollars. According to the official announcement, the funding was provided to Lottery.com in […]
Legal
March 30, 2023
TinBu Founders File Lawsuit Against Lottery.com
John Brier and Bin Tu, the founders of a famous lottery data business known as TinBu, filed a lawsuit against the company that acquired their business, Lottery.com, claiming that they are owned millions in payment, as well as additional financial assets. In their lawsuit, represented by Morgan & Morgan, Tu and Brier claimed that Lottery.com […]
Lottery
December 12, 2022
Lottery.com Parts Ways with another Director
Lottery.com has been struggling with a myriad of difficulties. Adding to the company’s woes, Amer Rustom, one of its directors, announced his departure after less than two months with the company. Rustom Left the Company Five Days Ago Amer Rustom, a member of Lottery.com’s board of directors, handed in his resignation five days ago, announcing […]
Lottery
November 9, 2022
Lottery.com’s Woes Continue as Kivel Resigns
Richard Kivel, chairman of Lotery.com’s board of directors, has handed in his resignation after trying to get the company’s finance under control in vain. In his resignation letter, Kivel listed the reasons for his departure. Kivel cited the delayed arrival of the funding from Woodford Eurasia and the federal investigation into Lottery.com’s chief compliance officer, […]
Lottery
August 23, 2022
Lottery.com Risks Delisting for Not Submitting Q2 Report
US online platform for lottery tickets and lottery news Lottery.com is very close to being delisted from the US Nasdaq Stock Exchange as it has not submitted its financial report for the second quarter of 2022 ending on June 30. Lottery.com Failed to Submit Its Q22022 Financial Statement on Time A Notice of Delisting or […]
Industry
July 26, 2022
Lottery.com’s Lawrence DiMatteo Steps Down as CEO
Lawrence DiMatteo has stepped down as the chief executive officer of Lottery.com after almost a decade in the position. His departure follows the leave of Matthew Clemenson, the company’s chief revenue officer. DiMatteo Led the Company for Years DiMatteo was named CEO of Lottery.com in 2015 and has since headed one of the largest lottery […]
Blockchain
November 9, 2021
Lottery.com Vows to Build a New Blockchain Gaming Platform
Technology company Lottery.com is expanding its scope of operation with the announcement of a platform that will enable the company to pursue other forms of online gambling, including lottery, sports betting, and sweepstakes. The platform, which is powered by blockchain technology, is still in its early days of development, the company explained. Early Development of […]
Business
February 22, 2021
Lottery.com Goes Public via Merger with SPAC Trident
The operator of online and mobile lottery games platform Lottery.com, AutoLotto, announced today it entered into a definitive agreement to merge with the special purpose acquisition company (SPAC) Trident Acquisitions Corp and become publicly traded. Leading Lottery Games and Data Provider Besides offering popular lottery titles such as Powerball and Mega Millions and other state-licensed […]