Lottery.com, a leading platform that allows its users to play the lottery online, today announces that it has been featured in a broadcast via NetworkNewsAudio (NNA), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio press release covers Lottery.com’s recent entry into a binding agreement to acquire Mexican lottery companies JuegaLotto and Aganar in an effort to expand its operations to Mexico and throughout Latin America.
To hear the audio production, visit: https://www.nnw.fm/4gsdv
To read the original press release, visit: https://www.nnw.fm/68t0c
“These acquisitions will mean significant inroads for Lottery.com throughout Mexico and Latin America as we expand our international operations, expand our portfolio of products, and expose our domestic products to new markets,” stated Tony DiMatteo, CEO of Lottery.com. “Their combined established presence and experience in the gaming industry further enhances our vision of being the premier global marketplace for games of chance.”
JuegaLotto is federally licensed to sell international lottery games in Mexico through an authorized federal gaming portal and is licensed for games of chance in other countries throughout Latin America. Aganar is licensed to sell Mexican National Lottery draw games, instant win tickets and other games of chance online with access to a federally approved online casino and sportsbook gaming license.
The Latin American lottery industry is valued at approximately $9.8 billion across 26 countries. JuegaLotto and Adanar address a combined market that includes roughly 652 million people and potential customers.
Lottery.com’s entry into this binding agreement highlights the company’s recent efforts to promote international expansion and represents the very early stages of Lottery.com’s long term strategy to enter additional markets through both partnerships and M&A. Closing of the acquisition is subject to standard closing conditions.
On February 22, 2021, Lottery.com entered into a definitive agreement with Trident Acquisitions Corp. (NASDAQ: TDAC) (NASDAQ: TDACU) (NASDAQ: TDACW) to become a publicly traded company on the Nasdaq. Trident and the company published an investor presentation relating to the proposed business combination on a Current Report on Form 8-K with the U.S. Securities and Exchange Commission (“SEC”), available publicly on the SEC’s website at www.sec.gov.
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 U.S. 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 its WinTogether.org platform, the company offers charitable donation sweepstakes to incentivize donors to take action by offering once in a lifetime experiences and large cash prizes. For more information, visit the company’s website at www.lottery.com