N A S D A Q Compliance Achieved Following Active Trading and Financing, UAE Acquisition & Major Brand Events: Lottery.com Inc., (N A S D A Q: LTRY)

By: PRLog

June 23, 2025 at 13:47 PM EDT

Lottery.com Inc., (N A S D A Q: LTRY) $LTRY $100 Million Financing Unlocked for Major Acquisition and Growth Strategy Including Remote Lottery Platform

FORT WORTH, Texas - June 23, 2025 - PRLog -- Nasdaq Compliance Confirmed After Strong Trading Activity Amid High Profile Brand Exposure Events and Acquisition of UAE Sports Incubator by Online Lottery and Sports Game Provider: Lottery.com Inc. (N A S D A Q: LTRY)

$LTRY $100 Million Financing Unlocked for Major Acquisition and Growth Strategy Including Remote Lottery Platform

Mobile & Online Platforms Enable Players and Commercial Partners in the U.S. and Internationally to Remotely Purchase Legally Sanctioned Lottery Games.

Real-Time Results for Over 800 Lottery Games From More Than 40 Countries.

Family of Brands Including Sports.com, Concerts.com, and TicketStub.com, to Form a Unified Ecosystem That Integrates Gaming, Entertainment and Sports.

LTRY Regains N A S D A Q Compliance as Stock Trading Activity Soars.

Acclaimed Actor and Director Tamer Hassan Appointed as President of LTRY Sports.com Studios.

Multi-Series Talent and high Brand Exposure in INDYCAR and INDY NXT at Gateway Race Events.

Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport.

Agreement To Acquire 90% Ownership Stake in Nook Holdings, UAE-Based Sports Incubator.

Form S-1 Declared Effective Unlocking Access to a $100 Million Financing Facility for Aggressive Acquisition and Growth Strategy.

LOI for 51% Majority Stake in DotCom Ventures Inc., with Premium Domain Assets Concerts.com and TicketStub.com, in a Transaction Valued at $10 Million.

TicketStub.com to Operate Focused on Alternative Entertainment Verticals Including Festivals, Comedy, eSports and Lifestyle Events.

Dual-Brand Strategy Allows for Both Mainstream and Genre-Specific Ticketing Models Under the Broader Concerts.com Umbrella.

Lottery.com Inc., (N A S D A Q: LTRY, LTRYW) is a leading technology company that is transforming how, where and when lottery is played. The LTRY engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. Fans and subscribers look to LTRY for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, LTRY is fundamentally changing how non-profit donors are incentivized to action by gamifying charitable giving. The LTRY mission remains an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives.

The LTRY family of brands — including Sports.com, Concerts.com, and TicketStub.com, is a unified ecosystem that integrates gaming, entertainment and sports.

More than just an app, but a complete lottery experience on the phone, LTRY gives users instant access to all the winning numbers, jackpot sizes, and draw times for all their favorite lotteries. Plus, LTRY will even let users know when the jackpots reach a size worth playing.

LTRY Regains Nasdaq Compliance as Stock Trading Activity Soars

On June 23^rd LTRY received formal notice from The Nasdaq Stock Market LLC confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00. LTRY met this requirement by maintaining a closing bid price of $1.00 or higher for twenty consecutive business days from May 21 through June 18, 2025. Nasdaq has officially closed the matter.

This confirmation marks more than just a technical compliance milestone—it underscores the momentum LTRY has built in recent weeks. In the 20-day period leading up to regaining compliance with Rule, LTRY stock experienced exceptional market activity, with daily trading volumes frequently exceeding 30 million shares. On May 27, 2025, LTRY recorded trading volume of more than 166 million shares, ranking among the most actively traded stocks on Nasdaq that day.

Acclaimed Actor and Director Tamer Hassan Appointed as President of LTRY Sports.com Studios

On June 17^th LTRY 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 LTRY 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. As President of LTRY 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.

Lottery.com and Sports.com Showcase Multi-Series Talent in INDYCAR and INDY NXT at Gateway

On June 16^th LTRY announced standout performances across both the NTT INDYCAR SERIES and INDY NXT by Firestone, as Sports.com and Lottery.com drivers Callum Ilott, Louis Foster and Sebastian Murray took to the high-speed oval at World Wide Technology Raceway under the lights. With brand presence across all three cars, the past weekend marked another milestone for LTRY and further reinforcing their commitment to elite and emerging talent across the motorsport ladder.

Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport

Also on June 16^th LTRY and Sports.com announced a sponsorship agreement with Racing Women LLC, the movement pioneering access and opportunity for women in motorsports and STEM programs worldwide.

With 4,500 women from more than 70 countries already engaged in its global community, Racing Women, led by motorsport veteran Graeme Glew, has developed a blueprint for accelerating female driver development and supporting the training and education for women seeking careers in the motorsports industry. Through advanced training, professional mentorship and competitive entry points, Racing Women is redefining how women can enter and excel in elite racing.

The LTRY sponsorship will support three events in 2025: a high-performance driver training camp this August, followed by two high-profile Radical races at Donington Park (UK) in September and Virginia International Raceway (USA) in November. It underscores the LTRY commitment to fostering gender equality in sport and investing in the high-growth, high-impact landscape of women's athletics, a global market that continues to surge in participation, media value and fan engagement.

Lottery.com To Increase Ownership Stake in Nook Holdings, UAE-Based Sports Incubator

On June 11^th LTRY announced the signing of an amended Stock Purchase Agreement for its planned acquisition of Nook Holdings Limited, a pioneering sports, health and wellness incubator based in Dubai, United Arab Emirates.

The acquisition, valued at approximately $2.5 million USD, is an all-cash deal, underscoring the LTRY strategic commitment to global growth and innovation in sports and wellness. Upon completion, LTRY will control ninety percent (90%) of Nook. The deal is expected to close on or before June 30, 2025.

Founded by Ravi Bhusari, Nook has become a cornerstone of the UAE's sports and wellness ecosystem. Over the past five years, it has fulfilled its ongoing mission to support startups and small businesses establish operations, obtain licenses, register for VAT and gain community support. Its exclusive partnership with Dubai's DMCC Free Zone and its high-visibility location at One JLT have made it the go-to destination for sports entrepreneurs in the region.

Upon completion of the acquisition, LTRY will operate segments of its international sports business from within the Nook premises at One JLT, transforming the space into a gateway for sports innovation, investment and integration. The site will continue to function as both a premium co-working space and a business incubator, connecting early-stage sports businesses with the broader Sports.com ecosystem.

Turnaround Completes and Strategic Acquisitions Accelerate for Five-Year Growth Plan

On May 28^th LTRY announced its registration statement on Form S-1 has been declared effective by the U.S. Securities and Exchange Commission as of May 14, 2025. This milestone unlocks access to a previously announced $100 million financing facility with Generating Alpha Ltd., providing LTRY with financial flexibility to execute its aggressive acquisition and growth strategy.

While the Financing Facility provides capital through the issuance of common stock, LTRY intends to deploy proceeds not for general dilution but to accelerate revenue growth and acquire accretive assets across gaming, content, media and live events—many of which are already in late-stage negotiations. Access to immediate funding allows LTRY to drive revenue and complete its target acquisitions, including but not limited to DotCom Ventures Inc., owner of Concerts.com and TicketStub.com, and Nook Holdings Limited (Dubai, UAE) to further develop the Sports.com brand in the Middle East.

Lottery.com Expands Global Footprint in Live Entertainment with $10M Acquisition of Concerts.com and TicketStub.com

On May 7^th LTRY announced a Letter of Intent ("LOI") to acquire a majority stake in DotCom Ventures Inc., a Nevada corporation ("DVI"), together with the premium domain assets Concerts.com and TicketStub.com, in a transaction valued at $10 million.

This strategic investment will form the third foundational pillar of the LTRY expanding platform — standing alongside Sports.com and Lottery.com as part of a vertically integrated, multi-channel entertainment business. Together, these brands will create the concrete base of a next-generation ecosystem designed to unify content, commerce, and live experiences under a single global strategy. Concerts.com and TicketStub.com are live, operational, and built for scale — delivering real value and revenue potential from day one.

For more information on LTRY visit: https://www.lottery.com or https://compasslivemedia.com/ltry/

Media Contact:
Company Names: Lottery.com Inc., (N A S D A Q: LTRY, LTRYW)
Contact: Matthew McGahan, Chairman and CEO
Email: ir@lottery.com
Phone: (737) 309-4500
Country: United States
Website: https://www.lottery.com

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