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Lottery.com shares surge 21.02% after-hours on 42.9% narrower Q3 losses and strategic shift to sports/entertainment streaming.
ByAinvest
Friday, Nov 21, 2025 4:28 pm ET1min read
Lottery.com surged 21.02% in after-hours trading following its Q3 2025 earnings report, which highlighted a 42.9% reduction in net losses to $4.6 million and a strategic rebranding to SEGG Media. Despite a 31.4% revenue decline to $137.7 million, the company announced a pivot to sports and entertainment streaming, including the acquisition of Ant Media & Productions to produce the "Special Forces Trilogy" and the launch of Sports.com. CEO John Doe emphasized long-term growth through expanded streaming platforms and premium domain brands, signaling confidence in operational efficiency and content-driven strategies. The earnings report and strategic shifts appear to have buoyed investor sentiment, overshadowing near-term revenue challenges.
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