Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 80

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 80
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 offer more attractive products, services and systems than alternative options and our ability to efficiently
attract and retain users and customers, all of which affect our sales, results of operations, and key business metrics. As a result,
we may experience fluctuations in our results of operations due to the changing dynamics in the local markets where we operate. If we
invest substantial time and resources to expand our operations and are unable to manage these risks effectively, our business, financial
condition, and results of operations could be adversely affected.

International Operations Risks

The
international scope of our operations may expose us to increased legal and regulatory risks, and our international operations and corporate
and financing structure may expose us to potentially adverse tax consequences.

We
have international operations, including in Mexico as a result of the closing of our acquisition in June 2021 of Global Gaming Enterprises,
Inc., which is a majority stockholder of Electronicos y de Comunicacion, S. A. P. I de C. V. and JuegaLotto, S. A. de C. V. The Company has recently launched additional international operations Sports. com Media Group Ltd. and Lottery. com
International Ltd. Accordingly, our
business is subject to risks resulting from differing legal and regulatory requirements, political, social and economic conditions, and
unforeseeable developments in a variety of jurisdictions. Our international operations are subject to the following risks, among others:

  political                                                                                                                                    
  international                                                                                                                                
  differing                                                                                                                                    
  unexpected                                                                                                                                   

  43  

  changes                                                                                                                                   
  to economic and anti-money laundering sanctions, laws and regulations;                                                                    
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  varying                                                                                                                                   
  differing                                                                                                                                 
  foreign                                                                                                                                   
  fluctuations                                                                                                                              
  inability                                                                                                                                 
  insufficient                                                                                                                              
  varying                                                                                                                                   
  difficulties                                                                                                                              
  differing                                                                                                                                 
  difficulties                                                                                                                              

Our
overall success as a global business depends, in part, on our ability to anticipate and effectively manage these risks, and there can
be no assurance that we will be able to do so without incurring unexpected costs. If we are not able to manage the risks related to our
international operations, our business, financial condition, and results of operations may be materially affected.

We
have expanded our presence internationally, and any future actions or escalations that affect trade relations may cause global economic
turmoil and potentially have a negative impact on our business