Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 41

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 41
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 cause the value of our securities to decline or become worthless.

We
may be unable to continue to use the domain names that we use in our business or prevent third parties from acquiring and using domain
names that infringe on, are similar to, or otherwise decrease the value of our brand, trademarks, or service marks.

We
have registered domain names that we use in, or are related to, our business, most importantly www. lottery. com sports. com www. lottery. com sports. com

We
are subject to risks related to corporate social responsibility, responsible gaming, reputation, and ethical conduct.

Many
factors influence our reputation and the value of our brands, including the perception held by our users, customers, business partners,
investors, regulatory authorities, key stakeholders, and the communities in which we operate, such as our social responsibility, corporate
governance, and responsible gaming practices. We have faced, and will likely continue to face, increased scrutiny related to social,
governance and responsible gaming activities, and our reputation and the value of our brands can be materially adversely harmed if we
fail to act responsibly in a number of areas, such as diversity and inclusion, workplace conduct, responsible gaming, human rights, philanthropy,
and support for local communities. Any harm to our reputation could impact employee engagement and retention, and the willingness of
users, customers and partners to do business with us, which could have a materially adverse effect on our business, financial condition,
and results of operations and could cause the value of our securities to decline or become worthless.

Illegal,
unethical or fraudulent activities perpetrated by any of our members of management or Board, users, customers, or partners for personal
gain could expose us to potential reputational damage and financial loss, which would negatively impact our business, financial condition,
and results of operations and could cause the value of our securities to decline or become worthless.

General
Operational Risks

We
have incurred net losses in the past with negative cash flows and suspended operations and may not be able to generate and sustain profitability.

We have a history of incurring
net losses and have suspended significantly our U. S. operations since July 2022, the Operational Cessation. We may not be able to achieve
or maintain a needed level of profitability in the future. On a fully consolidated basis we experienced net losses of approximately $23.9
million for the year ended December 31, 2024, and approximately $60.0 million and $