Core Viewpoint - The United States District Court for the Southern District of Florida ruled in favor of Lottery.com and Matthew McGahan, dismissing the lawsuit filed by Sharon A. McTurk and her affiliated entities with prejudice, which prevents the plaintiffs from refiling the same claims [1][3][4]. Legal Proceedings - The lawsuit alleged four causes of action against the defendants, including fraudulent misrepresentation, negligent misrepresentation, aiding and abetting, and conspiracy [2][8]. - The court found that the plaintiffs' allegations did not meet the basic legal standards required to proceed with the case [2][4]. Court Decision - The court's ruling signifies the final dismissal of all claims against the defendants, effectively closing the matter [3][4]. - The dismissal was granted with prejudice, meaning the plaintiffs are barred from refiling the same claims [3][8]. Impact of the Ruling - The ruling highlighted the lack of credible evidence presented by the plaintiffs, leading to the rejection of all claims against Lottery.com and Matthew McGahan [4]. - This dismissal allows both parties to move forward without further legal considerations related to this matter [4]. Company Response - Matthew McGahan, Chairman and CEO of Lottery.com, expressed relief and optimism regarding the ruling, stating that it allows the company to focus on its operations and turnaround efforts [5].

Core Points - Lottery.com Inc. has received a notice from Nasdaq confirming compliance with Listing Rule 5620(a) following its annual meeting held on February 20, 2025, thus closing the matter of previous non-compliance [1] Group 1 - The company was previously notified of non-compliance with Nasdaq Listing Rule on January 10, 2025 [1] - The resolution of the compliance issue indicates a positive development for the company's standing on the Nasdaq exchange [1]

Core Points - Lottery.com Inc. successfully conducted its annual shareholder meeting, where all four proposals presented were approved by a wide margin [1][4] - The Board of Directors unanimously decided not to proceed with a reverse stock split after reviewing market conditions [2] - Shareholders elected Paul Jordan as a Class II Board director and ratified the appointment of Boladale Lawal & Co as the independent registered public accounting firm for the 2024 fiscal year [3] Management Commentary - The Chairman and CEO, Matthew McGahan, expressed gratitude towards shareholders for their overwhelming support, indicating confidence in the Board and management team [4]

Core Viewpoint - Lottery.com Inc. successfully conducted its annual shareholders meeting and hosted an exclusive investor luncheon at Mar-a-Lago Club, emphasizing its commitment to engaging with shareholders and exploring future investment opportunities [1][2]. Company Overview - Lottery.com is a leading technology company transforming the lottery experience through its advanced platform, offering safe and secure lottery play, real-time results, and data solutions for global partners [4]. - Sports.com, an affiliated platform, focuses on delivering innovative content and fan engagement in the sports industry, particularly in growing the global soccer ecosystem [5]. Shareholder Engagement - The company received overwhelming support from shareholders during the voting process, with official results expected to be announced after market close [2]. - The VIP investor luncheon provided select investors the opportunity to engage directly with key executives and discuss the strategic direction and future initiatives of both Lottery.com and Sports.com [3]. Key Executives - Notable attendees at the VIP luncheon included Matthew McGahn (Chairman and CEO), Gregory Potts (COO), and Marc Bircham (Director of Sports.com and Head of Football Acquisitions), highlighting the leadership's commitment to investor relations [3].

Core Insights - Sports.com has entered a multi-year partnership with Soccerex, becoming its official title sponsor for the next 24 months, supporting six major events worldwide [1] - The first event under this partnership will take place on February 23, 2025, in Cairo, Egypt, focusing on global soccer business and networking [2] Company Overview - Sports.com is a leading global sports media and technology platform owned by Lottery.com Inc., dedicated to delivering innovative content and fan engagement in the sports industry [9] - The company aims to grow the global soccer ecosystem by partnering with leading organizations and influencers [9] Event Details - The Soccerex MENA event in Cairo will feature a Q&A session hosted by Marc Bircham and Tamer Hassan, providing insights into the soccer industry and Sports.com's future vision [4] - Following the Cairo event, Soccerex will host another event in Amsterdam in May 2025 at the Johan Cruyff Arena, and a Miami event at the Hard Rock Hotel Resort in November 2025 [5][6] Leadership Statements - Marc Bircham expressed excitement about representing Sports.com at Soccerex and emphasized the importance of the events for meaningful discussions about the future of soccer [7] - Tamer Hassan highlighted the passion for soccer and the unique opportunities that Sports.com aims to create by connecting sports, entertainment, and technology [8]

Core Viewpoint - Lottery.com has established a global advisory board to provide strategic guidance and support for its growth and expansion into new markets [1][2][3] Group 1: Advisory Board Purpose and Structure - The Advisory Board will focus on Lottery.com's primary brands, Lottery.com and Sports.com, and will consist of industry leaders with expertise in gaming, technology, operations, media, compliance, and private equity [2][4] - The board aims to provide independent advice on trends and challenges, evaluate the current business model, refine operations, and explore new growth prospects [2][4] - The formation of the Advisory Board is timely, coinciding with renewed investor interest following the SEC's Notice of Effectiveness for its S-1 [3][4] Group 2: Market Insights and Philanthropy - The global lottery market was valued at approximately $335 billion in 2023, with nearly 30% of proceeds allocated to public programs such as education, veterans' affairs, and healthcare [4] - Lottery.com plans to enhance its impact in these areas by creating a sustainable philanthropic framework within its business model [4] Group 3: Leadership and Expertise - The Advisory Board is chaired by Cary S. Fitchey, who has raised and invested over $2 billion and has extensive experience in acquisitions, strategy, compliance, and corporate governance [8] - Other notable members include Ashleigh Barry, with a background in strategic communications, and Damien Lipman, who specializes in payment solutions [8]

FORT WORTH, Texas, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery and sports entertainment, announces that it has entered into a Memorandum of Understanding (“MOU”) with PlusEVO Ltd. to acquire an advanced lottery management system and gaming platform, strengthening its international expansion efforts. The platform is designed to support multiple gaming applications, including lottery and sweepstakes, ...

Company Eyes the Potential for UK Football Club AcquisitionFORT WORTH, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Sports.com, a global leader in digital sports entertainment and a key brand of Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), announces that it has entered into a multi-year global partnership agreement (the “Agreement”) with Soccerex, the world’s leading soccer (hereinafter referred to as “football”) business event organizer. The Agreement makes Sports.com the title spon ...

Core Viewpoint - Lottery.com is launching its international lottery operations to meet global customer demands, aiming to generate new revenue by the end of March 2025 [1][5]. Group 1: International Expansion - The company has customized a technology platform to provide a secure and engaging experience for international audiences, targeting markets in Europe, Africa, and other emerging global markets [2][4]. - Lottery.com has secured agreements with marketing and affiliate partners in the gaming space to enhance customer acquisition and expand its market reach [3][4]. Group 2: Strategic Goals - The company aims to attract a global customer base by partnering with local players, which will help generate revenue opportunities and cater to local preferences and regulatory requirements [4]. - The Chairman of Lottery.com expressed confidence in the company's ability to generate revenue from international lottery operations by the end of March, emphasizing the importance of technology investment and brand refresh for sustained success [5].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 81-1996183 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.001 par value LTRY The Nasdaq Stock Market LLC Warrants to purchase one share of common stock, each at an exercise price of $230.00 LTRYW The Nasdaq Stock Market LLC FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTI ...