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

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1
Chunk 21
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 that we offer, but in most cases, we have not received definitive determinations of the laws applicable to our services.
There is a risk that existing or future laws in the jurisdictions in which we operate may be interpreted in a manner that is in some
regards in conflict with our business model. Future laws that permit certain lottery services may be accompanied by restrictions or taxes
that make it impractical or less feasible to operate in certain jurisdictions. For more information, see “ Item 1A. Risk Factors
- Regulatory and Compliance Risks - A jurisdiction may enact, amend, or reinterpret laws and regulations governing our operations in
ways that impair our revenues, cause us to incur additional legal and compliance costs and other operating expenses, or are otherwise
not favorable to our existing operations or planned growth, all of which may have a material adverse effect on us or our results of operations,
cash flow, or financial condition.

Other
laws and regulations may be adopted or construed to apply to us that could restrict our business model, including privacy, taxation,
marketing, anti-money laundering, anti-corruption, copyright, currency exchange, export, antitrust and other laws, as well as laws governing
public companies.

The
growth of electronic commerce may prompt calls for stronger consumer protection laws that may impose additional burdens on companies
such as ours conducting business through the Internet and mobile devices. It is likely that scrutiny and regulation of our industry may
increase, and we will be required to devote additional resources to compliance with applicable regulations. While we believe that we
are currently in compliance in all material respects with all applicable laws and regulatory requirements, we cannot assure that our
activities or any of our users’ activities will not become the subject of any regulatory or law enforcement investigation, proceeding,
or other governmental or regulatory action or that any such investigation, proceeding, or action, as the case may be, would not have
a materially adverse impact on us or our business, financial condition or results of operations.

For
more information, see “ Item 1A. Risk Factors - Regulatory and Compliance Risks - Our business model and the conduct of our operations
may have to vary in each U. S. jurisdiction where we do business to address the unique features of applicable law to ensure we remain
in compliance with that jurisdiction’s laws. Our failure to adequately do so may have an adverse impact on our business, financial
condition, and results of operations.”

Licensing

We
may determine or be required to secure licenses from regulatory authorities with jurisdiction over our