Latest news with #Lottery.comInc
Yahoo
05-06-2025
- Business
- Yahoo
Lottery.com Inc. to Present at Noble Capital Markets' Emerging Growth Virtual Equity Conference
FORT WORTH, Texas, June 05, 2025 (GLOBE NEWSWIRE) -- Inc. (Nasdaq: LTRY), a leading technology company transforming the intersection of gaming, sports and entertainment, announced that its Chairman and CEO, Matthew McGahan, will present at the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference on Thursday, June 5, 2025, at 1:30 PM Eastern Time. The presentation will highlight recently completed corporate turnaround, the launch of its two new growth divisions — Domestic and International and Media and Ventures — and its plans for accelerated growth following the effectiveness of its S-1 registration statement and the securing of a $100 million financing facility. The formal presentation at the conference will be followed by a Q&A session moderated by a Noble Capital Markets analyst, with questions welcomed from the live virtual audience. Registered, qualified investors will also have the opportunity to schedule 1x1 meetings with Mr. McGahan following the presentation. Attendees interested in viewing the live presentation can register for the event, at no cost, here: Noble Capital Markets and or A video webcast of the presentation will be available following the event on the Company's website at and as part of the full catalog of presentations on Channelchek ( The webcast will be archived on both sites for 90 days following the event. About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook. About Noble Capital MarketsEstablished in 1984, Noble Capital Markets is an SEC/FINRA-registered full-service investment bank and advisory firm with an award-winning research team and proprietary investor distribution platform. Noble provides middle-market expertise to entrepreneurs, corporations, financial sponsors, and investors, having raised billions of dollars and published more than 45,000 equity research reports over the past 40 years. About ChannelchekLaunched in 2018, Channelchek ( is an investor community dedicated exclusively to emerging growth companies. Channelchek offers free institutional-quality research, webcasts, and industry articles without a subscription and features more than 7,000 public emerging growth companies. For more information, please visit or contact our media relations team at press@ Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company's analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company's internal accounting controls; additional examination of the preliminary conclusions of such review; the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company's ability to regain compliance with the Bid Price Requirement; the Company's ability to regain compliance with Nasdaq Listing Rules; the Company's ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press in to access your portfolio
Yahoo
03-06-2025
- Business
- Yahoo
Lottery.com Inc. Launches Investigation into Short Selling Activities
FORT WORTH, Texas, June 03, 2025 (GLOBE NEWSWIRE) -- Inc. (NASDAQ: LTRY, LTRYW) (' or the 'Company'), a leading technology company transforming the intersection of gaming, sports and entertainment, announced today that 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. The Company 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. The Company also believes that it may have been the victim of illegal naked short selling in its stock. Within the last six months, stock has been listed on Nasdaq's Regulation SHO Threshold Security List sixteen times, which indicates a significant number of failures to deliver 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, stock has continued to sustain high borrow rates, peaking at over 500%, suggesting an elevated level of demand to short the stock. The Company will not tolerate the spreading of false information about the Company or the manipulation of its stock. It is prepared to take all actions necessary to report any suspected illegal activity to regulators and to bring actions against anyone that is engaging in illegal activity to safeguard shareholder interest and ensure market transparency. This investigation builds on prior referrals already made by the Company to certain regulators including Nasdaq MarketWatch, the Securities and Exchange Commission and the Department of Justice. No stockholder action is required at this time. About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu, and WinTogether, is a unified ecosystem that integrates gaming, entertainment, and sports. Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company's analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company's internal accounting controls; additional examination of the preliminary conclusions of such review; the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company's ability to regain compliance with the Bid Price Requirement; the Company's ability to regain compliance with Nasdaq Listing Rules; the Company's ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. This press release was published by a CLEAR® Verified individual. CONTACT: For more information, please visit or contact our media relations team at press@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
Texas Class-Action Suit Against Lottery.com Voluntarily Dismissed by Plaintiff
FORT WORTH, Texas, June 02, 2025 (GLOBE NEWSWIRE) -- Inc. (Nasdaq: LTRY, LTRYW) (' or the 'Company'), a leading technology company in digital lottery and sports entertainment, 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' (the 'Notice') in Case No. 25-BC11A-0026; Dawn Nettles vs. Rook TX LP, Gary N. Grief, Inc. (The 'Suit'). The suit was originally filed in the 333rd District Court in Harris County, Texas and later moved to Business Court Division 11a. It made a series of unfounded allegations against operations and conduct in Texas. The Notice, under Texas Rule of Civil Procedure 162, terminated the case effective immediately. Following the dismissal, Gregory Potts, Chief Operating Officer, said: 'I had the opportunity to meet Ms. Nettles earlier this year when I appeared before the Texas Senate Finance committee. She is a long-time advocate for the fair and transparent operation of Texas lottery games, a belief shared by our company, We believe the decision to seek a voluntary dismissal speaks to the lack of any evidence that was engaged in any wrongdoing. We have fully cooperated with all investigations into the April 2023 Lotto Texas drawing, and to my knowledge, there has been no finding against the Company of any of the activities claimed in this lawsuit. Defending the Company in this case would have required us to allocate resources that are better spent on delivering shareholder value. This marks another important step as we continue to rebuild investor confidence and position the family of brands for sustainable growth." About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook. For more information, please visit or contact our media relations team at press@ Important Notice Regarding Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company's internal accounting controls, additional examination of the preliminary conclusions of such review, the Company's ability to secure additional capital resources, the Company's ability to continue as a going concern, the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company's ability to regain compliance with the Bid Price Requirement, the Company's ability to regain compliance with Nasdaq Listing Rules, the Company's ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on June 14, 2024, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. This press release was published by a CLEAR® Verified in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
Texas Class-Action Suit Against Lottery.com Voluntarily Dismissed by Plaintiff
FORT WORTH, Texas, June 02, 2025 (GLOBE NEWSWIRE) -- Inc. (Nasdaq: LTRY, LTRYW) (' or the 'Company'), a leading technology company in digital lottery and sports entertainment, 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' (the 'Notice') in Case No. 25-BC11A-0026; Dawn Nettles vs. Rook TX LP, Gary N. Grief, Inc. (The 'Suit'). The suit was originally filed in the 333rd District Court in Harris County, Texas and later moved to Business Court Division 11a. It made a series of unfounded allegations against operations and conduct in Texas. The Notice, under Texas Rule of Civil Procedure 162, terminated the case effective immediately. Following the dismissal, Gregory Potts, Chief Operating Officer, said: 'I had the opportunity to meet Ms. Nettles earlier this year when I appeared before the Texas Senate Finance committee. She is a long-time advocate for the fair and transparent operation of Texas lottery games, a belief shared by our company, We believe the decision to seek a voluntary dismissal speaks to the lack of any evidence that was engaged in any wrongdoing. We have fully cooperated with all investigations into the April 2023 Lotto Texas drawing, and to my knowledge, there has been no finding against the Company of any of the activities claimed in this lawsuit. Defending the Company in this case would have required us to allocate resources that are better spent on delivering shareholder value. This marks another important step as we continue to rebuild investor confidence and position the family of brands for sustainable growth." About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook. For more information, please visit or contact our media relations team at press@ Important Notice Regarding Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company's internal accounting controls, additional examination of the preliminary conclusions of such review, the Company's ability to secure additional capital resources, the Company's ability to continue as a going concern, the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company's ability to regain compliance with the Bid Price Requirement, the Company's ability to regain compliance with Nasdaq Listing Rules, the Company's ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on June 14, 2024, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. This press release was published by a CLEAR® Verified in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
Lottery.com and Sports.com Driver Receives Top Rookie Honors at the Indy 500
INDIANAPOLIS, May 27, 2025 (GLOBE NEWSWIRE) -- In the running of the 109th Indianapolis 500, Louis Foster delivered a headline-grabbing performance as Top Rookie finisher, proudly representing and Inc. (Nasdaq: LTRY; LTRYW) (' or 'the Company') in what marked a milestone weekend for the brands' growing presence in global motorsport. Callum Ilott (red) and Louis Foster (black) stand next to the Borg-Warner Trophy prior to the start of the 2025 Indy 500. Driving the #45 Desnuda Honda for Rahal Letterman Lanigan Racing, Foster started 20th and charged into the top 10 on race day. Despite receiving two drive-through penalties for pit lane infractions, he kept his composure to bring the car home in a provisional 15th place, later elevated to P12 following post-race disqualifications of three competitors. Foster was the only rookie finisher out of four starters — a feat that underlines both his talent and maturity on the sport's biggest stage. 'To be the top rookie in my first 500 is something I'm very proud of,' . 'We had the pace to run inside the top 10, and I'm already focused on building from this heading into Detroit.' Foster's helmet paid tribute to key figures in his racing journey and prominently featured the logo on the chin, signaling the brand's deepening investment in next-generation talent. Callum Ilott, representing PREMA Racing, delivered an equally impressive performance in the Italian team's debut Indy 500. Running as high as fifth and ultimately finishing P12 on track, Ilott's pace and professionalism drew strong praise. While PREMA's #90 entry was later disqualified for a technical infringement relating to rear wing endplate height, the result did little to diminish the team's sense of achievement in their first appearance at the Brickyard. 'It was an unforgettable experience,' . 'I was honored to spend time with Callum, Louis, and Sebastian over the weekend — three exceptional young drivers who gave it their all. The race itself was spectacular. Having attended many Formula One events in my career, this was my first Indy 500. This event wasn't just a race; it was a spectacle.' 'As a former professional athlete myself, this was my first time attending the Indianapolis 500 — and I can honestly say I've never experienced anything like it,' 'From the roar of the crowd to the Black Hawk helicopters leading the opening laps, it was absolutely electric. It's a bucket-list event that exceeded all expectations. Neither Matthew nor I have ever witnessed a live sporting event with nearly half a million fans over a single weekend. The scale, the energy, the precision — it was unforgettable. And to be there supporting Louis, Callum, and Sebastian made it all the more meaningful. These are the kind of world-class moments that define what is all about.' The weekend also offered the opportunity to connect with rising Indy NXT star Sebastian Murray, currently backed by and Murray joined the executives for a meet-and-greet during the event, reinforcing the Company's commitment to supporting future champions across every tier of the sport. Throughout the event, leadership from and held multiple discussions with the management teams of both Foster and Ilott to explore deeper sponsorship agreements and expanded collaboration opportunities across future race weekends and series. This announcement comes at a pivotal moment for which last week recorded nearly half a billion shares traded. With momentum building, the Company continues to advance its visibility and impact across elite global sports platforms. About Inc. The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook Important Notice Regarding Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company's internal accounting controls, additional examination of the preliminary conclusions of such review, the Company's ability to secure additional capital resources, the Company's ability to continue as a going concern, the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company's ability to regain compliance with the Bid Price Requirement, the Company's ability to regain compliance with Nasdaq Listing Rules, the Company's ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. A photo accompanying this announcement is available at This press release was published by a CLEAR® Verified individual. CONTACT: For more information, please visit or contact our media relations team at press@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
