Aggressive Legal Action Against Coordinated 'Short and Distort' Campaign to Protect Shareholder Value by Online Lottery & Sports Game Provider

FORT WORTH, Texas - June 27, 2025 - PRLog -- Mobile & Online Platforms Enable Players and Commercial Partners in the U.S. and Internationally to Remotely Purchase Legally Sanctioned Lottery Games.

Real-Time Results for Over 800 Lottery Games From More Than 40 Countries.

Family of Brands Including Sports.com, Concerts.com, and TicketStub.com, to Form a Unified Ecosystem That Integrates Gaming, Entertainment and Sports.

Legal Action Actively Pursuing All Individuals and Entities Engaged in Market Manipulation Intended to Damage the Company's Share Price and Reputation.

$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App

Expanding Committed Financing Facility From $100 Million to $300 Million with Generating Alpha, Saving $12 Million Over the Life of the Facility.

LTRY Regains Nasdaq Compliance as Stock Trading Activity Soars.

Actor and Director Tamer Hassan Appointed President of LTRY Sports.com Studios.

Multi-Series Talent and high Brand Exposure in INDYCAR and INDY NXT at Gateway Race Events.

LOI for 51% Majority Stake in DotCom Ventures Inc., with Premium Domain Assets Concerts.com and TicketStub.com, in a Transaction Valued at $10 Million.

TicketStub.com to Operate Focused on Alternative Entertainment Verticals Including Festivals, Comedy, eSports and Lifestyle Events.

Lottery.com Inc., (N a s d a q: LTRY, LTRYW) is a leading technology company that is transforming how, where and when lottery is played. The LTRY engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. Fans and subscribers look to LTRY for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, LTRY is fundamentally changing how non-profit donors are incentivized to action by gamifying charitable giving. The LTRY mission remains an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives.

The LTRY family of brands — including Sports.com, Concerts.com, and TicketStub.com, is a unified ecosystem that integrates gaming, entertainment and sports.

More than just an app, but a complete lottery experience on the phone, LTRY gives users instant access to all the winning numbers, jackpot sizes, and draw times for all their favorite lotteries. Plus, LTRY will even let users know when the jackpots reach a size worth playing.

Closing in on Legal Action Against Coordinated 'Short and Distort' Campaign

On June 27^th LTRY confirmed that it is nearing legal proof of a coordinated and unlawful 'short and distort' campaign targeting the Company. In collaboration with its legal counsel, Paul Hastings LLP, LTRY is actively pursuing all individuals and entities engaged in market manipulation intended to damage the Company's share price and reputation.

Christopher Gooding, Independent Director of LTRY and a member of the Audit Committee with responsibility for legal affairs, issued the following statement:

"There is no doubt that there is an orchestrated campaign against Lottery. The trading metrics and forensic data we have access to clearly indicate both classic 'short and distort' tactics, and more seriously, a significant volume of naked short selling — illegal trades not backed by actual share ownership.

"These actors fall into three categories:

"Aggressive and embittered insiders, who appear to be leveraging confidential or insider information from their historical relationships with Lottery.com for self-serving purposes. I outlined elements of these insiders to the judge in a Delaware action earlier this year;

"Professional short-sellers, aided and abetted by complicit brokers — some of whom are actively engineering mechanisms to facilitate, or are willfully ignoring, illegal naked short activity; and

"Opportunistic traders, influenced by blogs, shorting platforms, and "pay-to-publish" media articles that amplify false and defamatory narratives. These clearly represent the 'distort' component of the campaign. Numerous cease-and-desist letters have already been issued."Our message to these parties is unequivocal: We know who you are. We are rapidly securing irrefutable legal evidence of your involvement — including the brokers operating both in the U.S. and offshore in jurisdictions such as the Caribbean. We will pursue damages vigorously and refer the evidence to the appropriate regulatory authorities."Your days are numbered. We will shut you down, and the financial penalties imposed will far exceed the unlawful profits you have sought to extract from our shareholders."

$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App

On June 26^th LTRY announced it is advancing its global expansion with the planned launch of the Sports.com Super App (the "Super App")—a first-of-its-kind digital destination for sports fans worldwide. The Super App is designed to combine live streaming, social engagement, e-commerce and gamification into a single immersive ecosystem.

The LTRY Super App, which is scheduled to launch in select global markets in Q3 2025, will initially focus on soccer and motorsport—two verticals Sports.com has been aggressively expanding into through a series of high-profile sponsorships and strategic initiatives. The LTRY Super App will be built on an existing platform development by Galaxy Racer Holdings Limited ("GXR"), The GXR app has achieved more than one million monthly active subscribers organically, demonstrating significant early traction and category-defining potential.

The LTRY Super App will integrate six primary features into a single experience: live streaming, community chat hubs, stats-based social media, e-commerce, real-money and fantasy sports gaming, and sports news. The LTRY Super App aims to engage fans across the full lifecycle of the sports experience, tapping into the 4–5 hours of average fan interaction beyond match time each week.

Lottery.com Expands Committed Financing with Generating Alpha to $300 Million

On June 23rd LTRY announced an Amendment to its Stock Purchase Agreement with Generating Alpha Ltd., expanding the committed financing facility from $100 million to $300 million, while reducing the discount Generating Alpha receives saving the Company nearly $12 million over the life of the funding facility.

This strategic amendment reflects the deepening partnership between Lottery.com and Generating Alpha, and includes materially improved terms for the company:

Facility Increased from $100 million to $300 million, enabling more accretive, cash-generating acquisitions to support share price growth.

Discount Rate Increased from 90% to 94%, reducing the effective discount to just 6%.

Removal of the trading cushion allows greater flexibility in capital deployment.

Simplified Put Mechanism aligned with investor protections.

LTRY has successfully drawn down $1.87 million in recent weeks. This capital has been used for core business operational expenses, along with funding revenue-generating acquisitions and delivering tangible value to shareholders.

Lottery.com and Sports.com Drivers Shine at Road America

LTRY Regains N a s d a q Compliance as Stock Trading Activity Soars

Acclaimed Actor and Director Tamer Hassan Appointed as President of LTRY Sports.com Studios

For more information on LTRY visit: https://www.lottery.com  or https://compasslivemedia.com/ltry/

Media Contact:
Company Names:  Lottery.com Inc., (N a s d a q: LTRY, LTRYW)
Contact:  Matthew McGahan, Chairman and CEO
Email: ir@lottery.com
Phone: (737) 309-4500
Country: United States
Website:  https://www.lottery.com

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