03:18 PM EDT, 05/07/2025 (MT Newswires) -- Lottery.com ( LTRY ) said Wednesday that it signed a letter of intent to acquire a 51% stake in DotCom Ventures, together with domain assets Concerts.com and TicketStub.com, in a deal valued at $10 million.

The company said this investment will form the third pillar of its entertainment business, alongside Sports.com and Lottery.com ( LTRY ).

The transaction value is comprised of cash, secured debt and equity issued at up to $3 per share, the company said.

Shares of the company were up 7.8% in recent trading.

Price: 0.96, Change: +0.07, Percent Change: +7.75