Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 68

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 68
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our systems developers and engineers, any of which may have a material adverse effect on us or our results of operations, cash flow,
or financial condition. The failure to remain in compliance with underage and responsible gaming requirements or any amendments or additions
to such requirements could have a material adverse effect on us or on our business, results of operations, or financial condition.

  36  

We
are subject to governmental laws and requirements of the U. S. and various foreign jurisdictions in which we operate regarding anti-bribery,
anti-corruption, economic and trade sanctions, anti-money laundering, and counter-terror financing. Alleged or actual violation of any
of these laws or requirements could negatively impact our brand and reputation, our ability to obtain or maintain any governmental licenses,
findings of suitability, registrations, permits, and approvals, any of which could negatively impact our business, financial condition,
and results of operations.

As
a digital company operating within the U. S. and subject to the jurisdiction of various foreign governments and regulatory agencies, we
are accordingly subject to domestic and foreign laws regarding anti-bribery, anti-corruption, economic and trade sanctions, anti-money
laundering, and counter-terror financing.

Our
operations and our growth plans, including in connection with our intent to expand into new markets and undertake strategic acquisitions
when we have sufficient funding to do so, may bring our officers, directors, employees, and representatives into contact with “foreign
officials” responsible for issuing or renewing governmental licenses, findings of suitability, registrations, permits and approvals,
or for otherwise enforcing governmental regulations and requirements. In our contact with such foreign officials, we are required to
comply with anti-corruption laws and regulations imposed by governments around the world with jurisdiction over our operations, which
include the U. S. Foreign Corrupt Practices Act (the “ FCPA”), and the U. K. Bribery Act 2010 (the “ U. K. Bribery Act”),
as well as corresponding laws and regulations of the other countries where we do business. The FCPA, the U. K. Bribery Act, and other
applicable laws prohibit us and our officers, directors, employees, and business partners acting on our behalf, from corruptly offering,
promising, authorizing, or providing anything of value to foreign officials for the purposes of influencing official decisions or obtaining
or retaining business or otherwise obtaining favorable treatment. The U. K. Bribery Act also prohibits non-government