LONDON, Aug. 14, 2024 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”) announces that Sports.com, a leading sports entertainment company, has expanded its partnership with Bango PLC (AIM: BGO), (“Bango”), the global leader in subscription bundling and digital commerce solutions. The partnership is designed to expand Sports.com’s reach into new markets worldwide through Bango’s extensive international distribution network.
Sports.com has successfully completed its integration with Bango’s digital vending machine®enabling seamless distribution of its sports content platform to millions of potential new users worldwide. The partnership aims to launch Sports.com in 40 markets, primarily focusing on North America and Europe, with additional expansions into 5-6 markets in Latin America and the Asia Pacific region. The identified focus markets include the US, UK, Ireland, Chile and Mexico, where the company expects significant engagement from sports fans.
Tim Scoffham, Sports and Media Consultant at Sports.com, commented:
“Resellers using Bango’s digital vending machines® Subscription bundling providers can now easily integrate Sports.com’s service into their offering and expand their content catalog with a wider range of streaming options. The integration is complete and Sports.com content is now immediately available, allowing resellers to quickly introduce our fresh and engaging content to improve customer loyalty and satisfaction.”
Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com, added:
“Our vision to transform the sports fan experience into something seamless and immersive continues to take shape through partnerships like the one with Bango. These deals are central to our strategy to deliver localized, branded sports content directly to consumers’ mobile devices. The integration with Bango’s digital vending machine® significantly expands our global presence and access to fans who crave a new way to interact with sports content. We remain committed to establishing Sports.com as the ultimate destination for sports enthusiasts offering the latest and most exclusive sports content and look forward to announcing new content and distribution deals soon.”
For more information visit www.sports.com or www.lotterie.de
Lottery.com Contact: [email protected]
Important note regarding forward-looking statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release regarding the Company’s future financial performance and management’s strategy, future operations, revenue projections, projected costs, prospects, plans and objectives are forward-looking statements, other than statements of current or historical fact. When used in this press release, the words “may,” “should,” “will,” “can,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of these terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions regarding future events and on currently available information regarding the outcome and timing of future events. Except as otherwise required by law, Lottery.com disclaims any obligation to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Lottery.com cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond Lottery.com’s control. In addition, Lottery.com cautions you that the forward-looking statements contained in this press release are subject to: (i) the outcome of any legal proceedings that may be brought against Lottery.com; (ii) Lottery.com’s ability to maintain effective internal controls over financial reporting, including the correction of any identified material deficiencies in internal control over financial reporting relating to segregation of duties with respect to the financial records system and access controls thereto, and Lottery.com’s accounting staffing levels; (iii) the impact of competition on Lottery.com’s future business; (iv) risks related to Lottery.com’s dependence on its intellectual property and the risk that Lottery.com’s technology may have undetected defects or errors; (v) changes in applicable laws or regulations; (vi) risks related to the COVID-19 pandemic and its direct impact on Lottery.com and the economy generally; (vii) risks related to privacy and data protection laws, privacy or data breaches or data loss; (viii) the possibility that Lottery.com could be adversely affected by other economic, business and/or competitive factors; (ix) the ability of Lottery.com to achieve its strategic and growth objectives as stated or at all; and (x) those factors discussed under the heading “Risk Factors” in the proxy statement/prospectus filed by Lottery.com with the SEC and in the other documents filed or to be filed by Lottery.com with the SEC. Should one or more of the risks or uncertainties described in this press release materialize, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in forward-looking statements. For more information on these and other factors that may affect the operations and projections discussed herein, see the reports that Lottery.com has filed and will file from time to time with the SEC. These SEC filings are publicly available on the SEC’s website at. www.sec.gov.
