Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 36

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 36
---
, and future consolidation, could result in the formation of larger competitors
with increased financial resources and altered cost structures, which may enable them to offer more competitive products, gain a larger
market share, expand offerings, and broaden their geographic scope of operations. If we are not able to achieve sufficient market share,
if our offerings are not popular, or if we are not able to provide competitive products, our business, financial condition, and results
of operations could be harmed.

  18  

Economic
downturns, inflation, and political and market conditions beyond our control could adversely affect our business, financial condition,
and results of operations.

Our financial performance is
subject to U. S. and global economic conditions and their impact on levels of spending by potential users and customers of our Platform
and acquirers of our Data Service. Economic recessions, or other economic conditions such as rising inflation and interest rates, have
had, and may continue to have, far reaching adverse consequences across many industries, including the global entertainment, lottery,
sweepstakes and promotions, and gaming industries, which may adversely affect our business, financial condition, and results of operations.
There may be an increasing risk of a recession or inflationary economic impacts due to international trade and monetary policy, variations
in interest rates and inflation, and acts or threats of acts of war, along with other economic challenges. If the national and international
economic recovery slows or stalls, these economies experience another recession, or any of the relevant regional or local economies suffers
a downturn, or if inflationary effects accelerate, we may experience a material adverse effect on our business, financial condition, or
results of operations.

In
addition, changes in general market, economic, and political conditions in domestic and foreign economies or financial markets, including
those resulting from, for example: rising interest rates and inflation; geopolitical challenges, including global security concerns in
response to Russia’s continued war in Ukraine and regional wars in the Middle East; financial and credit market instability or
the unavailability of credit; and fluctuation in stock markets, may reduce users’, customers’, or subscribers’ disposable
income and corporate budgets. Any one of these changes could have a material adverse effect on our business, financial condition, or
results of operations and could cause the value of our securities to decline or become worthless.

Competition
in the sports media market could impair our ability to generate revenue from Sports. com

The
landscape of the sports content industry is changing as traditional media companies