Lottery.com shares are trading higher after the company announced its subsidiary Sports.com has expanded its geographic reach by launching its platform and content in new markets across Asia.
Portfolio Pulse from Benzinga Newsdesk
Lottery.com shares rose as its subsidiary, Sports.com, expanded its platform and content into new Asian markets.
September 23, 2024 | 1:10 pm
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Lottery.com shares increased following the announcement that its subsidiary, Sports.com, has expanded its platform and content into new markets in Asia. This expansion could lead to increased revenue and market presence for the company.
The expansion into new Asian markets by Sports.com, a subsidiary of Lottery.com, is a significant development. It suggests potential for increased revenue and market presence, which is likely why the stock price is reacting positively. The geographic expansion is a strategic move that could open up new growth opportunities.
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