Curated News
By: NewsRamp Editorial Staff
May 29, 2025
Lottery.com Expands into Concerts and Niche Live Events with DotCom Ventures Acquisition
TLDR
- Lottery.com Inc. gains a competitive advantage by acquiring a majority stake in DotCom Ventures Inc. expanding into new segments of live entertainment.
- The acquisition allows Lottery.com to integrate Concerts.com and TicketStub.com into its platform, providing consumers with a leading destination for live events and ticket purchases.
- Lottery.com's acquisition improves the world by offering a multi-channel entertainment business that enhances live experiences and charitable giving through its platform.
- Lottery.com Inc. partners with world-class athletes and expands into elite motorsport, shaping the future of sports media and fan interaction.
Impact - Why it Matters
This news matters because Lottery.com's strategic acquisition allows them to enter new segments of live entertainment and capitalize on the growing global live events market. The company's focus on sponsorships and partnerships with elite athletes demonstrates their commitment to becoming a key player in the live events industry.
Summary
Lottery.com Inc. has announced a $10 million deal to purchase a majority stake in DotCom Ventures Inc., which owns Concerts.com and TicketStub.com. This acquisition expands Lottery.com's platform, creating a vertically integrated multi-channel entertainment business. The company aims to become a leading destination for live events and ticket purchases.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Lottery.com Expands into Concerts and Niche Live Events with DotCom Ventures Acquisition
