InvestorWire NewsRoom

InvestorNewsBreak

InvestorNewsBreaks – Trident Acquisitions Corp. (NASDAQ: TDACU) Enters into Definitive Agreement with Leading Online Lottery Platform
February 23, 2021

InvestorNewsBreaks – Trident Acquisitions Corp. (NASDAQ: TDACU) Enters into Definitive Agreement with Leading Online Lottery Platform

Trident Acquisitions (NASDAQ: TDACU, TDAC, TDACW), a special purpose acquisition company, has announced that it has entered into definitive agreement with AutoLotto Inc., a leading online platform to play the lottery online. The agreement allows Lottery.com to become a publicly listed company. In addition, it means that Lottery.com can become a global marketplace that legally offers games of chance to game enthusiasts around the world. Currently the global lottery sales space is estimated at $430 billion, with only 4% of that online so the potential for the market is vast. Other advantage of the merger is that it allows both companies to be part of an innovative ecommerce platform that is bringing an outdated industry into the digital age and as a growing number of  gambling industries are moving online, at least in part because of the global pandemic. “Lottery.com’s innovative platform has already made significant progress bringing the lottery industry into the digital age and continuing to expand its markets both domestically and internationally,” said Trident CEO Vadim Komissarov in the press release. “With a track record of substantial growth and user base expansion in a relatively short period of time, we are confident that Lottery.com has the ability to cement its place as a leading online platform to both play the lottery and to introduce additional wagering and games of chance worldwide. We believe this transaction will allow Lottery.com to be on a path to reach its true growth potential, and we look forward to working with the team as we introduce their compelling story to the public markets.”

To view the full press release, visit https://ibn.fm/iHqDT

About Trident Acquisitions Corp. 

Trident Acquisitions is a special purpose acquisition company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Trident’s securities are listed on the Nasdaq stock exchange under the ticker symbols TDACU, TDAC and TDACW. For more information, visit www.TridentAcquisitions.com  

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.investorwire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).