24/7 Market News Snapshot 28 March, 2025 – Lottery.com, Inc. Common Stock (NASDAQ:LTRY)

March 28, 2025

DENVER, Colo., 28 March, 2025 (247marketnews.com) – (NASDAQ:LTRY) are discussed in this article.
Lottery.com Inc. (LTRY) has opened at $0.98 and is currently trading at $1.113, reflecting an impressive increase of approximately 15.94% following a prior close at $0.960. This surge indicates strong bullish sentiment from investors, with trading volume hitting 1.74 million shares—signifying heightened market interest. The breakthrough above the $1.00 resistance level may suggest further potential for gains, prompting investors to monitor key support levels and consider potential short-term profit-taking strategies as the stock exhibits volatility within an optimistic market outlook.

In a significant development for the Company, Lottery.com recently announced a series of favorable legal outcomes that will enable a strategic refocus on its gaming operations and brand enhancement. The United States District Court ruled in favor of Lottery.com, dismissing three separate lawsuits—Ryan Peterson v. Lottery.com, Brandon Marsh v. Lottery.com, and Carl Wells v. Lottery.com—stating the plaintiffs failed to establish a valid claim. These rulings, finalized between January and March 2025, conclude all outstanding claims against the Company, thus eliminating pending deadlines and brokering a fresh start.

Matthew McGahan, Lottery.com’s Chairman and CEO, expressed his satisfaction with the court’s decisions, emphasizing that these judgments allow the Company to prioritize shareholder value and implement strategic initiatives. He noted the excitement within the leadership team regarding the resolution of legacy legal matters and the opportunity for Lottery.com to embark on a path of accountable growth.

With an eye on innovation, the leadership is poised to navigate the Company toward a promising future, reinforcing its commitment to operational excellence and enhanced shareholder engagement as it seeks to redefine its place in the entertainment sector.

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