Company: LTRYW
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001493152-25-024384
Chunk: 226

Company: Lottery.com Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part II, Item 8
Chunk 226
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the Company’s outside general counsel as of June 30, 2025. Consequently, his compensation for consulting services during the three
months ended September 30, 2025, was $0. Other than matters where Mr. Gooding is a named defendant
alongside the Company, he provides opinions on all Board matters solely in his capacity as an independent director, without additional
compensation from the Company or its outside general counsel.

During
the quarter ended September 30, 2024, the Company entered into a borrowing arrangement with Robert Stubblefield, the Company’s
Chief Financial Officer, to provide funding for certain operating expenses of the Company. At September 30, 2024 the Loan amount was
$57,682. Additional amounts were provided by Mr. Stubblefield during the quarter ended December 31, 2024. The loan amount at year end
was $67,941. The Loan was issued at zero percent interest. In February of 2025, the Company granted shares of common stock which repaid
the loan in full.

Note
15. Subsequent Events 

Super
League Kerela Streaming Launch

The
Company successfully launched its first-ever live streaming event by securing exclusive streaming rights to the Super League Kerala (“SLK”)
in India on the Sports.com platform. SLK previously reached over 131 million viewers during its inaugural 33-match season. The streaming
partnership is augmented by a linear broadcast collaboration with Sony India’s TEN 2 channel, reflecting the Company’s intent
to build digital and traditional distribution capabilities as part of its global sports media strategy. So far this season, SLK content
has garnered more than 15 million views through Sports.com and related social media interactions

This
distribution initiative supports the Company’s broader growth objectives in the high-growth Indian and Middle East/North Africa
(MENA) sports markets; however, actual monetization and audience retention outcomes remain subject to execution risks, market adoption
and the timing of sponsorships and advertising conversions.

Letters
of Intent

On
September 18, 2025, the Company signed an extension to the Letter of Intent with respect to Boca Sports Garden, LLC, also known as the
David Lloyd All-Sports Arena in Boca Raton, Florida. On or about July 9, 2025, the Company previously announced the signing of an LOI
for a proposed significant partnership with David Lloyd, a prominent figure in British sports and wellness, to acquire the rights of