Company: LTRYW
Filing Date: 2025-05-21
Form Type: 10-Q
Source: 0001641172-25-011865
Chunk: 50

Company: Lottery.com Inc.
Filing Date: 2025-05-21
Form: 10-Q
Item: Part I, Item 2
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, on March 7, 2024, Sports. com, a wholly-owned subsidiary of the Company, announced by press release that it has
launched the “ Sports. com App”. The App (which is available for download for free from all major app stores) connects sports
content with audiences worldwide. By uniting a diverse community of sports enthusiasts across various genres, demographics, and countries,
Sports. com plans to eliminate multiple cultural barriers and foster a global sports community.

On
March 28, 2024, Sports. com, a wholly-owned subsidiary of the Company, announced by press release that it has obtained the rights to live
stream the March 31, 2024 heavyweight title fight between Frazier Clarke and Fabio Wardley. The live stream was available to view for
free for millions of sports fans in Africa, via the Sports. com website.

The
live streaming event is the result of a partnership between Sports. com, BOXXER, the fast-growing UK boxing promotional company, and Sky
Sports in the UK and Ireland. Sports. com has entered into an agreement with BOXXER to provide live coverage through the Sports. com platform
in Africa, via local telecom partners such as Vodacom, which will provide free access to millions of viewers.

This
partnership underscores Sports. com’s commitment to bringing inclusivity, innovation, and entertainment to sports. To view the live
streaming event on Sports. com, African-based sports fans were able to sign up via local mobile operators to watch the fight on the Sports. com
platform. Sports. com’s strategic intent is to provide more such content to sports fans in underserved markets including those in
the Middle East and Africa.

Plans for
Recommencement of Company Operations

As
noted above, since the 2022 Operational Cessation, the Company has had minimal day-to-day U. S. operations and has primarily focused on
restarting certain of its core businesses in the United States. The Company has developed a phased plan to recommence its U. S. operations.

Phase
1 - Resume B2C Platform Operations. 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
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