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Lottery.com ( (LTRY) ) just unveiled an announcement.
On May 7, 2025, Lottery.com Inc. announced its intention to acquire a majority ownership stake in Dotcom Ventures Inc. by purchasing at least 51% of its assets, including domain names concerts.com and ticketstub.com, for $5 million. This strategic move is subject to due diligence and regulatory approvals, and it is expected to enhance Lottery.com’s market positioning by expanding its digital asset portfolio, with the transaction anticipated to close by August 1, 2025.
More about Lottery.com
Lottery.com Inc. operates in the online lottery industry, providing platforms for purchasing lottery tickets and related services. The company focuses on leveraging technology to offer convenient access to lottery games and aims to expand its market presence through strategic acquisitions.
Average Trading Volume: 2,352,742
Technical Sentiment Signal: Sell
Current Market Cap: $16.79M
For an in-depth examination of LTRY stock, go to TipRanks’ Stock Analysis page.