Lottery.com co-founder and CEO Tony DiMatteo is the featured guest on a recent episode of the Dealmaker Show. Hosted by Oren Klaff, the Dealmaker Show is a fast-paced, high-energy conversation about dealmaking at every level. On the show Matteo, who started Lottery.com as a next-generation platform where consumers can play the lottery online, talked about the company’s recent deal, its definitive agreement with special purpose acquisition company Trident Acquisitions Corp. (NASDAQ: TDAC) to become a public company with common stock listed on Nasdaq under the ticker symbol LTRY. During the interview, DiMatteo discussed how Lottery.com’s business compares with similar companies in the space, noting that he sees the company as a king of entertainment or media entity. DiMatteo provided a detailed overview of the story behind Lottery.com’s founding and talked about past lottery winners; he also mentioned the company’s charitable WinTogether.org initiative. In addition, DiMatteo shared challenges the company has faced, including identifying a legal way in which users could play the lottery online. “That was a huge hill to climb,” said Lottery.com CEO Tony DiMatteo during the interview. “When I met Matt [Clemenson], my co-founder, our thesis was to build things that should exist or are inevitable to exist . . . We built some very cool tech in totally unrelated spaces, and we got some patents on that and it was awesome. But once we found the lottery, it was like ‘this is the biggest pie that we can imagine,’ and we had an opportunity.”
To hear the full podcast, visit https://ibn.fm/Ow9Vx
To view the full press release, visit https://ibn.fm/tZnOf
Lottery.com is an Austin, Texas-based company enabling consumers to play state-sanctioned lottery games from their homes or on the go, both in the United States and internationally. The company works closely with state regulators to advance the lottery industry, providing increased revenues and better regulatory capabilities while capturing untapped market share, including millennial players. Lottery.com is also gamifying charitable giving to fundamentally change how nonprofits engage with their donors and raise funds. Through its WinTogether.org platform, Lottery.com offers charitable donation sweepstakes to incentivize donors to take action by offering once-in-a-lifetime experiences and large cash prizes. For more information about the company, please visit www.Lottery.com.
NOTE TO INVESTORS: The latest news and updates relating to Lottery are available in the company’s newsroom at https://ibn.fm/Lottery
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