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LTRY News
LTRY Events
Lottery.com announces rebrand as SEGG Media
Lottery.com has officially rebranded as SEGG Media Corporation, Sports Entertainment Gaming Global Media. Effective immediately, SEGG Media will begin trading under its new ticker symbol: SEGG. SEGG Media operates through three distinct yet synergistic verticals: Sports.com - The global home of sport: Live immersive streaming, sim racing, football, motorsports, eSports, youth driver programs and athlete-driven content. Sports.com Studios, Sports.com Media, and Nook will operate under the sports vertical; Entertainment - The live experience layer: AI-driven event streaming, music media, hybrid entertainment, fashion and fan engagement platforms. Upon completion of the acquisition of DotCom Ventures, Inc., Concerts.com and TicketStub.com will operate under this vertical; and Lottery.com - The ethical gaming engine: International lotteries, iGaming, instant wins, sports betting and charity-aligned gaming initiatives. Domestic and global lottery operations, Tinbu, and WinTogether will operate under the gaming vertical. Together, these pillars form a foundation designed for global expansion, fan engagement and long-term shareholder value creation.
Lottery.com announces $10M acquisition of GXR World Sports assets
Lottery.com is advancing its global expansion with the planned launch of the Sports.com Super App. The Super App is designed to combine live streaming, social engagement, e-commerce and gamification into a single immersive ecosystem. The Super App, which is scheduled to launch in select global markets in Q3 2025, will initially focus on soccer and motorsport-two verticals Sports.com has been aggressively expanding into through a series of high-profile sponsorships and strategic initiatives. The Super App will be built on an existing platform development by Galaxy Racer Holdings, The GXR app has achieved more than one million monthly active subscribers organically, demonstrating significant early traction and category-defining potential. The Super App will integrate six primary features into a single experience: live streaming, community chat hubs, stats-based social media, e-commerce, real-money and fantasy sports gaming, and sports news. The Super App aims to engage fans across the full lifecycle of the sports experience, tapping into the 4-5 hours of average fan interaction beyond match time each week. Revenue streams will include premium streaming subscriptions, in-app advertising, merchandising and interactive gamified challenges. Plans are underway to extend into additional sports verticals and incorporate immersive streaming experiences later this year. To accelerate the development timeline for the Super App, Lottery.com has signed a Letter of Intent to acquire a 51% controlling interest in the sports and technology assets of GXR, valuing the transaction at $10M pre-money. Subject to due diligence and final agreement, the deal allows Lottery.com to fund the $5.1M initial investment via cash, stock, or a combination at a fixed $3.00 share price. A $15M financing commitment has also been pledged by Lottery.com to fuel expansion of the Sports.com Super App. All GXR unencumbered assets, including its tech stack and user base, will be transferred to a new entity, of which Lottery.com will initially own 51%. The agreement includes a call option to acquire 100% ownership of NewCo by the end of 2027. Exclusivity has been secured through June 30, 2025, with an automatic 30-day extension, and closing is anticipated on or before August 1.
Lottery.com names Scoffham CEO of Sports.com Media, Lottery.com International
Lottery.com 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.
Lottery.com regains Nasdaq compliance
Lottery.com received formal notice from The Nasdaq Stock Market confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00. The Company 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 Lottery.com has built in recent weeks. In the 20-day period leading up to regaining compliance with Rule, Lottery.com's stock experienced exceptional market activity, with daily trading volumes frequently exceeding 30 million shares. On May 27, 2025, Lottery.com recorded trading volume of more than 166 million shares, ranking among the most actively traded stocks on Nasdaq that day. As part of this renewed momentum, the Company recently appointed actor and media executive Tamer Hassan as President of Sports.com Studios, further strengthening its media and entertainment vertical. The Company also continues to work with legal advisors, including Paul Hastings LLP, in its investigation into suspected illegal short selling and is prepared to take legal action against any parties found to have manipulated its stock.
Lottery.com announces growth strategy for Nook Holdings
Lottery.com announced its growth strategy for Nook Holdings Limited, the UAE-based sports and wellness incubator located at One JLT, Dubai. The company is expected to complete its acquisition of a 90% ownership stake in Nook on or before June 30, 2025. The company has unveiled a strategic, multi-market rollout plan for its Sports.com-branded co-working and incubation model. This forms part of the Company's broader platform growth strategy designed to drive international brand presence, cash generation through tangible asset acquisitions. Nook will be rebranded under Sports.com upon completion of the transaction. "This is not a one-off transaction - this is a scalable blueprint," said Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com. "For several months, we've been clear that Lottery.com and Sports.com are executing an aggressive buy-and-build strategy. We operate a modular model that enables us to bolt on high-potential, cash-generative businesses that expand both brands quickly and globally." The company has confirmed that its second Sports.com incubator hub will be located in Al Quoz, a high-growth district near DIFC and the Burj Khalifa, within a major new leisure complex. The site is expected to open in Q4 2025 and will serve as a regional anchor for the company's operations in the Middle East.
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