Lottery.com announced they acquired Sports.com. Registered in 1998 and looks to have been owned by a company called Achieve Investments Limited. Believe it or not Sports.com dropped 3 times before 1998.
The plan is to get into sports betting which has been picking up big time as more states approve sports betting.
This is an area I spend a lot of time on and working on a couple of projects. My state approved sports betting last year. New York is very close to getting a deal done on sports betting.
Recently Lottery.com entered into an agreement to become a public company.
Lottery.com (the “Company”), a leading platform that allows users to play the lottery online, today announced that it has acquired the domain Sports.com as part of the Company’s plan to enter sports betting.
“The acquisition of the Sports.com domain is an important first step in entering the sports betting vertical,” said Lottery.com CEO Tony DiMatteo. “The brand name is a perfect fit for us, and this product pairing is special in the marketplace, as the lottery is one of the most popular games in the world.
Our goal is to leverage our favorable customer acquisition costs and platform to efficiently drive growth for Lottery.com and parlay it into other related products.”
Read full release here
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