Lottery.com (the “Company”), a leading platform that allows users to play the lottery online, today announced that it has acquired the domain Sports.com as part of the Company’s plan to enter sports betting.
“The acquisition of the Sports.com domain is an important first step in entering the sports betting vertical,” said Lottery.com CEO Tony DiMatteo. “The brand name is a perfect fit for us, and this product pairing is special in the marketplace, as the lottery is one of the most popular games in the world. Our goal is to leverage our favorable customer acquisition costs and platform to efficiently drive growth for Lottery.com and parlay it into other related products.”
Many of Lottery.com’s international distribution agreements include provisions for additional content and games of chance. Lottery.com recently acquired Mexican lottery operators that include a license to operate sports betting and casinos.
The Company plans to announce more details about its sports betting initiatives and Sports.com line of business as the Company is ready to make them available.
On February 22, 2021, the Company entered into a definitive agreement with Trident Acquisitions Corp. (Nasdaq: TDACU, TDAC, TDACW) to become a publicly traded company on The Nasdaq Stock Market. An investor presentation can be found here: https://sec.report/Document/0001213900-21-016773/0001213900-21-016773.txt
Lottery.com is an Austin, TX-based company enabling consumers to play state-sanctioned lottery games from their home or on the go in the US and internationally. The Company works closely with state regulators to advance the lottery industry, providing increased revenues and better regulatory capabilities, while capturing untapped market share, including millennial players. Lottery.com is also gamifying charitable giving to fundamentally change how nonprofits engage with their donors and raise funds. Through their WinTogether.org platform, they offer charitable donation sweepstakes to incentivize donors to take action by offering once in a lifetime experiences and large cash prizes.