Lottery.com Inc. Announces $18M Commitment From Prosperity Investment Management
Portfolio Pulse from Benzinga Newsdesk
Lottery.com Inc. has received an $18 million investment commitment from Prosperity Investment Management to accelerate strategic acquisitions and market development for Lottery.com and Sports.com brands. The investment will be funded through a vehicle provided by United Capital Investments Limited.
December 21, 2023 | 6:01 pm
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Lottery.com Inc. has announced an $18 million investment commitment from Prosperity Investment Management, which will be used for strategic acquisitions and market development initiatives.
The $18 million investment commitment from Prosperity Investment Management is likely to have a positive short-term impact on LTRY's stock price. This influx of capital is expected to support the company's growth initiatives, including strategic acquisitions and market development, which can enhance investor confidence and potentially lead to improved financial performance.
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