Lottery.com Broadens Reach with Acquisition of Concerts.com and TicketStub.com
Deal News | May 07, 2025 | Globenewswire
Lottery.com Inc., a technology company at the nexus of gaming, sports, and entertainment, announced its acquisition of a majority stake in DotCom Ventures Inc. (DVI), including the domain assets Concerts.com and TicketStub.com, valued at $10 million. This acquisition marks a strategic expansion into live entertainment, complementing Lottery.com's existing platforms Sports.com and Lottery.com. The acquisition establishes three foundational pillars forming a unified, multi-channel entertainment ecosystem. Concerts.com and TicketStub.com will extend beyond traditional ticketing, integrating directly with live streaming through Sports.com, facilitating real-time fan engagement and commerce across genres such as sports, festivals, and comedy. The investment involves cash, secured debt, and equity issued at up to $3 per share, underscoring a long-term commitment to growth. The deal promises immediate monetization potential and aligns with a five-year vision for transforming global live entertainment accessibility and experience.
Sectors
- Live Entertainment
- Technology & Digital Platforms
- E-commerce
- Sports & Recreation
Geography
- United States – Lottery.com and DotCom Ventures Inc. are based in the United States, and the discussed acquisition takes place within this geographical context.
Industry
- Live Entertainment – The acquisition involves Concerts.com and TicketStub.com, which are platforms catering to the live entertainment industry including events such as concerts, festivals, and sports.
- Technology & Digital Platforms – Lottery.com leverages digital platforms to integrate content and commerce in the entertainment space, highlighted by their online service expansion.
- E-commerce – Part of the business model includes selling tickets and providing live streaming services, involving transactions conducted online.
- Sports & Recreation – Concerts.com and Sports.com are heavily involved with sports events, forming part of Lottery.com's ecosystem.
Financials
- $10 million – The value of the acquisition transaction including cash, secured debt, and stock issuance.
- $3 per share – The price for equity issued in blend of the acquisition transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lottery.com Inc. | Acquirer | Company | A technology company at the nexus of gaming, sports, and entertainment, listed on NASDAQ. |
| DotCom Ventures Inc. (DVI) | Target Company | Company | A Nevada corporation including assets Concerts.com and TicketStub.com, focused on live events. |
| Concerts.com | Asset | Other | An online platform for premium event ticketing being acquired. |
| TicketStub.com | Asset | Other | An online platform providing broad utility for fan ticket purchasing. |
| Sports.com | Asset | Other | An existing Lottery.com platform integrating live streaming with ticketing. |
| Matthew McGahan | CEO | Person | CEO of Lottery.com and Sports.com, leading the acquisition initiative. |
| Patrick Ogle | CEO and Founder | Person | CEO and founder of DotCom Ventures Inc., experienced in media and entertainment. |
| Gregory Potts | COO | Person | Chief Operating Officer of Lottery.com, involved in strategic plans. |