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DETROIT – Lottery.com Inc. (NASDAQ: LTRY), a technology company specializing in lottery and gaming platforms, has announced the acquisition of a majority stake in DotCom Ventures Inc., owner of the online ticket platforms Concerts.com and TicketStub.com. This $10 million deal, revealed earlier this week, marks a significant expansion for Lottery.com, which also operates the domains Sports.com and Lottery.com. The acquisition comes as the company’s stock has shown remarkable momentum, with InvestingPro data showing a 391% surge over the past six months, despite the company’s current market capitalization of $33 million.
The acquisition is part of Lottery.com’s strategy to develop a vertically integrated entertainment business that combines content, commerce, and live experiences. DotCom Ventures’ established presence in the online ticketing market allows Lottery.com to immediately generate revenue from the transaction, which is crucial given the company’s 83% year-over-year revenue decline. Concerts.com and TicketStub.com are known for selling verified tickets without hidden fees, and TicketStub.com has a particular focus on alternative entertainment such as festivals and esports events. According to InvestingPro, the company maintains impressive gross profit margins of 61%, though investors should note that additional financial metrics and insights are available with a Pro subscription.
In an effort to create a seamless consumer experience, Lottery.com plans to integrate these platforms with its Sports.com live streaming service. The goal is to establish a premier destination for consumers to find live events and purchase tickets. Additionally, Sports.com is set to produce original content for the newly acquired platforms.
Beyond the acquisition, Lottery.com has been active in brand promotion through strategic sponsorships. During the recent 2025 Indianapolis 500, race car driver Louis Foster wore a Sports.com-branded helmet, providing the brand with significant exposure. The company also took on the title sponsorship of Soccerex Europe 2025, a football business summit in Amsterdam, as part of its international growth strategy.
Sports.com’s expansion into motorsports continues with the announcement that former English footballer Dennis Wise has joined as a founding ambassador. Wise’s impressive career and leadership experience are expected to contribute to Sports.com’s development in sports media and fan engagement.
This move by Lottery.com comes as the global live events market is projected to grow to $1.2 trillion by 2032. The acquisition and subsequent sponsorships are seen as strategic steps to tap into this market and build a comprehensive entertainment offering. Financial analysis from InvestingPro indicates the company faces some financial challenges, with short-term obligations exceeding liquid assets and a current ratio of 0.52, factors that investors should carefully consider alongside the growth potential.
The information in this article is based on a press release statement from Lottery.com.
In other recent news, Lottery.com Inc. has announced its intention to acquire a majority stake in DotCom Ventures Inc. for $10 million. This acquisition includes premium domain assets such as Concerts.com and TicketStub.com, aiming to integrate content and commerce into a unified global strategy. In another development, the company has received a delisting notice from Nasdaq due to non-compliance with shareholder approval requirements related to its 2023 Stock Issuance and Option Plan. Lottery.com has 45 days to submit a compliance plan, potentially extending the deadline to October 2025 if accepted by Nasdaq.
Additionally, Lottery.com has appointed Marc Bircham as an Executive Director on its Board. Bircham, known for his role at Sports.com, brings extensive experience in sports and entertainment, which is expected to aid the company’s international growth. The company also announced a sponsorship deal with racecar driver Sebastian Murray for the INDY NXT by Firestone series, which includes branding and media rights. This sponsorship is part of Lottery.com’s strategy to enhance its brand visibility and marketing reach. These developments reflect Lottery.com’s ongoing efforts to expand its platform and address compliance challenges.
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