Potential Short Squeeze Following Successful Exposure at Detroit Grand Prix; $100 Million Financing for Major Acquisition and Growth; Lottery.com Inc
AkGlobe News/10316577

FORT WORTH, Texas - AkGlobe -- 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.

Fundamentally Changing How Non-Profit Donors are Incentivized to Action by Gamifying Charitable Giving.

Investigation Launched to Counter Improper Short Selling of LTRY Shares.

Unfounded Law Suit Voluntarily Dismissed by Plaintiff.

Lottery.com and Sports.com Triple Driver Lineup at Detroit Grand Prix

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

Football Star Dennis Wise Appointed to Founding Ambassador Role.

Company Expanding Global Footprint into Varied Live Entertainment Fields.

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., (Stock Symbol: 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.

Lottery.com Inc. Launches Investigation into Short Selling Activities

On June 3^rd LTRY announced it has commenced an investigation into potential short selling activities in its stock. The Company has engaged legal counsel from Paul Hastings LLP to conduct the investigation.

LTRY believes that there may have been dissemination of false information relating to the Company with the objective of driving down its stock price and damaging its business. LTRY also believes that it may have been the victim of illegal naked short selling in its stock.

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Within the last six months, LTRY stock has been listed on Nasdaq's Regulation SHO Threshold Security List sixteen times, which indicates a significant number of failures to deliver LTRY shares. During that time, SEC data shows a high level of failures to deliver, including over 1.12 million shares on February 10, 2025 alone. Large numbers of failures to deliver that persist over a long period of time may be indicative of naked short selling. Moreover, LTRY stock has continued to sustain high borrow rates, peaking at over 500%, suggesting an elevated level of demand to short the stock.

Suit Against Lottery.com Voluntarily Dismissed by Plaintiff

On June 2^nd LTRY announced it was notified that Plaintiff Dawn Nettles filed a notice on May 30, 2025 that she is "taking a Nonsuit Without Prejudice Against All Parties Effective Immediately"  in Case No. 25-BC11A-0026; Dawn Nettles vs. Rook TX LP, Gary N. Grief, Lottery.com Inc. The suit made unfounded allegations against Lottery.com's operations and conduct in Texas. The Notice, under Texas Rule of Civil Procedure 162, terminated the case effective immediately.

Success for Lottery.com and Sports.com in Detroit as Seb Murray Secures Career-Best INDY NXT Finish

On June 2^nd LTRY announced a weekend of milestones and resilience as their drivers took on the challenging Streets of Detroit in both the NTT INDYCAR SERIES and INDY NXT by Firestone. This event highlighted LTRY continued sponsorship of three exceptionally talented Grand Prix drivers — Callum Ilott, Louis Foster and Sebastian Murray. This three-driver lineup exemplifies LTRY Lottery.com and Sports.com's investment in world-class motorsport to raise global brand awareness and fan engagement. From helmet design to car decals, the brands are front and center on one of the most watched racing series in the world.

Following his standout showing at the Indianapolis 500, Callum Ilott is now wearing the LTRY Lottery.com logo front and center on his custom helmet for the remainder of the 2025 season. Driving car number 90 for the Prema racing team, Ilott represented LTRY Lottery.com's lead entry in the top-tier INDYCAR SERIES.

LTRY Lottery.com and Sports.com's drivers will now shift their focus to the upcoming oval race at World Wide Technology Raceway. Louis Foster has a strong oval pedigree, winning all oval events in INDY NXT last season, including Gateway.

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. The buy-and-build acquisition strategy is designed to:

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Drive near-term revenue and sustainable long-term profitability.

Expand global brand awareness.

Enhance shareholder value.

Maximize synergies between Lottery.com and Sports.com.

The LTRY five-year vision includes expanding Lottery.com International, launching new sweepstakes products (domestically and abroad), deepening its affiliate program and building out a robust content and IP ecosystem under Sports.com Studios—all underpinned by the funding now available through the activated Generating Alpha Financing Facility, along with continued funding from United Capital Investments Ltd.

Dennis Wise Joins LTRY Sports.com as Founding Ambassador

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.

Acquisition Highlights

$10M investment includes Concerts.com, TicketStub.com and 51% of DVI

Live and operational platforms already serving real ticket demand

Best-in-class access to verified, non-speculative secondary ticket inventory

No hidden fees and highly competitive pricing model

Direct integration with Sports.com's live streaming infrastructure

Dual-brand strategy: Concerts.com (premium events) + TicketStub.com (broad fan utility)

Positioned to be the go-to destination for live event discovery and commerce

Revenue-ready infrastructure supporting rapid monetization

Original content to be created by Sports.com Studios for both platforms

LTRY acquiring a majority stake in DVI represents a $10 million transaction, comprised of a strategic blend of cash, secured debt, and equity issued at up to $3.00 per share — further validating the strength of the Lottery.com and Sports.com platform.

Concerts.com is being designed not simply as a ticketing platform, but as a fully integrated live events engine. It will serve as the primary processor of access and fan engagement, tying directly into the Sports.com  fast-growing live streaming infrastructure.

The LTRY investment in DVI will include TicketStub.com, which will operate in parallel as a brand focused on alternative entertainment verticals, including festivals, comedy, esports, and niche lifestyle events. This dual-brand strategy allows for both mainstream and genre-specific ticketing models under the broader Concerts.com umbrella.

As part of the short and mid-term LTRY roadmap:

The brand will integrate with live streaming functionality and real-time access models across all Lottery.com and Sports.com verticals.

The Sports.com ambassador network will amplify events across social platforms.

Concerts.com will power bundled experiences combining tickets + content + streaming.

LTRY will deliver to consumers crossover activations between sports, music, charitable gaming and culture.

Sports.com Studios will create proprietary content for Concerts.com.

With the addition of Concerts.com and TicketStub.com, LTRY will hold what it believes to be one of the strongest domain portfolios in the world. With LTRY, Sports.com, and Concerts.com, the company stands alone in its control of three world-class, category-defining digital assets.

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

Media Contact:
Company Names:  Lottery.com Inc., (Stock Symbol: LTRY)
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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