Lottery.com announces $10 million acquisition of GXR World Sports assets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 26 2025
0mins
Source: SeekingAlpha
Lottery.com Global Expansion: Lottery.com is set to launch the Sports.com Super App, integrating live-streaming, social engagement, e-commerce, and gamification, following a planned acquisition of a 51% stake in Galaxy Racer's sports and technology assets for $10 million.
Financial Commitments and Future Plans: The company has secured a $15 million financing commitment to support the Super App's development and has an option to acquire full ownership of the new entity by 2027, with exclusivity until June 30, 2025.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
