Lottery.com names Scoffham CEO of Sports.com Media, Lottery.com International
Lottery.com (LTRY) announced the appointment of Tim Scoffham as CEO of Sports.com Media Group and Lottery.com International. The appointment follows a consultancy period beginning in May 2024, during which Tim helped shape the Company's global growth strategy across iGaming and digital sports media. Tim will oversee the strategic integration and international expansion of Sports.com Media and Lottery.com International. His leadership will focus on aligning commercial, media, and technology platforms, bolstering regulatory partnerships, and unlocking scalable, revenue-generating opportunities in high-growth jurisdictions.
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders' Hot Stocks on TipRanks >>
Read More on LTRY:
Disclaimer & DisclosureReport an Issue
Lottery.com Signs Amended Stock Purchase Agreement
Lottery.com Regains Nasdaq Compliance After Bid Price Recovery
Lottery.com regains Nasdaq compliance
Lottery.com announces growth strategy for Nook Holdings
Lottery.com signs amended SPA for planned acquisition of Nook
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
13 minutes ago
- Yahoo
Europe's Navigation Future Takes Flight With Rocket Lab Electron
Rocket Lab Corp. (NASDAQ:RKLB) announced Wednesday that the European Space Agency (ESA) chose it to launch a dedicated Electron mission for the first time, marking a key step in Europe's future LEO-based navigation system. Rocket Lab will launch two 'Pathfinder A' satellites, developed by Thales Alenia Space and GMV, from its Launch Complex 1 by December 2025. These satellites will enter a 510km low Earth orbit to test LEO-PNT (Low Earth Orbit Positioning, Navigation, and Timing), a new method for delivering location and timing aims to evaluate how satellites in low Earth orbit can complement the existing Galileo and EGNOS systems in medium and geostationary orbits. Rocket Lab previously supported European clients, including a whole IoT constellation for Kinéis and a wildfire detection satellite for OroraTech. Its Electron vehicle began flying European missions in 2021. In a separate update, the company announced a rapid turnaround in its Electron launch schedule. It is preparing to launch its next mission for geospatial analytics firm HawkEye 360 in just two days from Launch Complex 1 in New Zealand. Scheduled for no earlier than Thursday, June 26 UTC, the mission, titled 'Get The Hawk Outta Here', will fly ahead of a previously planned launch that was delayed for additional system checks. This swift pivot demonstrates Rocket Lab's agility in maintaining a demanding, back-to-back launch cadence. The mission will carry four satellites for HawkEye 360, including three microsats under Cluster 12 to geolocate global radio frequency signals, and Kestrel-0A, an experimental satellite to test future RF capabilities. As the third of four planned Electron launches from Launch Complex 1 this month, the mission highlights Rocket Lab's operational flexibility and commitment to serving diverse small satellite missions. Rocket Lab stock surged 606% in the last 12 months. The company just added two new missions to its 2025 Electron launch manifest. Rocket Lab has now secured a demand for over 20 launches in 2025. With a flawless mission success rate so far this year, CEO Peter Beck is betting big on scaling launch cadence. Multiple analysts lifted price targets on Rocket Lab following the company's acquisition of high-performance optical systems producer Geost. Rocket Lab said the acquisition positioned the company as a provider of end-to-end national security space solutions and strengthened its position for achieving the U.S. Department of Defense's goals for resilient, proliferated space architectures, like the proposed Golden Dome architecture. Price Action: RKLB shares are trading lower by 1.46% to $32.97 premarket at last check Wednesday. Photo by Emagnetic via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Europe's Navigation Future Takes Flight With Rocket Lab Electron originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
17 minutes ago
- Yahoo
Bumble Shares Soar After 30% Job Cuts and Raised Outlook
June 25 - Bumble (NASDAQ:BMBL) stock climbed 18% on Wednesday after the company said it will cut about 30% of its global workforce, or roughly 240 jobs, to streamline operations. The decision was approved by the board on June 23 as part of a broader restructuring effort aimed at sharpening focus on long-term priorities. Warning! GuruFocus has detected 4 Warning Signs with BMBL. The dating app operator expects one-time costs of $13 million to $18 million, mostly tied to severance, benefits, and related expenses. These charges will primarily impact the third and fourth quarters of 2025. Some regions may see extended timelines due to local labor rules. Bumble anticipates annual cost savings of up to $40 million from the layoffs. It plans to reinvest most of those funds into product development and technology upgrades. Alongside the restructuring, the company raised its second-quarter 2025 guidance. Revenue is now expected to range from $244 million to $249 million, while adjusted EBITDA is forecast between $88 million and $93 million. This compares with prior estimates of $235 million to $243 million in revenue and $79 million to $84 million in adjusted EBITDA. CEO Whitney Wolfe Herd called the decision difficult but necessary, saying Bumble is aiming to become leaner and more innovation-driven. This article first appeared on GuruFocus.
Yahoo
17 minutes ago
- Yahoo
Karthik Shyamsunder Named to Bank of Clarke/EFSI Board of Directors
BERRYVILLE, Va., June 25, 2025 /PRNewswire/ -- Bank of Clarke and its holding company Eagle Financial Services, Inc. (EFSI) are pleased to announce the addition of Winchester resident Karthik Shyamsunder to their Board of Directors. "Karthik brings vast technological experience with him, which will help steer the Bank in the direction it needs to go in as we grow and continue to modernize our platforms," said Brandon Lorey, Bank of Clarke President and CEO. "His expertise in Artificial Intelligence, which by all indicators is the future of technology, will be especially crucial." Born in Singapore, Mr. Shyamsunder lived in various parts of the world before settling in the U.S. and becoming a citizen. Fluent in four languages, he holds both a B.S. and M.S. in Computer Science. Currently, he is a Distinguished Engineer/Fellow/VP at a leading internet technology company and serves as an adjunct faculty at Johns Hopkins University. His specialties include the Internet, Web, Cloud Computing, Security, Big Data, and Artificial Intelligence. Mr. Shyamsunder was named the Sun Oracle JavaOne Technology Conference Rock Star Speaker award in 2008 and 2012, and the Faculty of the Year award at Johns Hopkins University in 2000 and 2020. He also holds over 15 patents. In addition to his professional achievements, Mr. Shyamsunder is actively involved in the Valley Interfaith Council and is the founder of Namaste Shenandoah, an Indian community organization based in Winchester. His wife, Dr. Archana Shyamsunder, runs a Nephrology practice in Winchester, and they have two children, a son studying Computer Science at Cornell University and a daughter studying medicine at the University of Pennsylvania. He moved to Winchester in 2005, discovering the best-kept secret of the Washington, D.C., area. "We are excited to have Karthik on the Board," said Cary Nelson, Chair of the Bank of Clarke/EFSI Board. "His background in technology and data security will help us navigate the challenges the coming years will certainly bring." About Bank of Clarke Founded on April 1, 1881, Bank of Clarke now operates 14 full-service branches, two loan production offices, a wealth management office, and one drive-through only facility. The main office is located at 2 East Main Street in Berryville, Virginia, with additional branches in greater Clarke County, Frederick County, Fauquier County, Loudoun County, Fairfax County, and the City of Winchester, VA, as well as a loan production office in Frederick, Maryland. Eagle Financial Services, Inc., the Bank's holding company, trades on Nasdaq under EFSI, as of February 2025. Bank of Clarke's mission is to be a trusted partner in the communities it serves, providing financial solutions to help people achieve their financial goals at every life stage. The bank aims to build lifelong relationships with customers, employees, shareholders, and communities, maintaining its status as a high-performing, independent community bank that offers best-in-class technology, products, and services. For more information, visit Member FDIC. View original content to download multimedia: SOURCE Bank of Clarke Sign in to access your portfolio
