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Lottery.com | 10-K: Annual report

SEC announcement · Apr 3 17:09

LTRY +0.22%

Summary by Moomoo AI

Lottery.com, a leading online lottery platform, has undergone significant business developments and strategic initiatives in the past year. Financially, the company has not disclosed specific revenue, operating profit, net profit, or diluted earnings per share figures for the entire year, nor provided year-on-year or quarter-on-quarter percentage changes. In terms of business development, Lottery.com completed a pivotal business combination with AutoLotto, which was accounted for as a reverse recapitalization. This merger resulted in the issuance of approximately 9.76 million shares of Lottery.com common stock. Additionally, the company acquired Global Gaming Enterprises, expanding its reach into the Mexican and Latin American markets. Looking ahead, Lottery.com has outlined future plans that include leveraging the acquisition of Global Gaming to tap into the growing lottery market in Mexico. The company's strategic focus is on integrating these new entities to enhance its market presence and drive future growth.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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