Company: LTRYW
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001493152-25-024384
Chunk: 65

Company: Lottery.com Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 1
Chunk 65
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 media credits that it expects to use to launch and maintain promotional campaigns geared towards encouraging prior customers
to return to the Platform and to acquire new customers.

Phase 3 –
Master Affiliate Model for Lottery.com. The Company believes
that the strength of the Lottery.com can be used to drive revenue through strategic affiliate relationships across the global lottery
industry. The Company plans to offer an overarching Lottery.com loyalty and rewards program for all affiliates which allows the affiliate
to concentrate on direct B2B sales while it delivers content and rewards which appeal to all lottery players. The program will be structured
under a revenue-share model.

Phase
4 - Other Business Lines and Projects. The Company expects to continue to monetize the Sports.com brand, offer TicketStub.com
services in international jurisdictions, and expand the Concerts.com platform beyond ticket reselling, and partnering with licensed
providers in international jurisdictions to supply digital lottery games, and reviving other products and services that were under
development when the Operational Cessation occurred.

 7 

As
of the date of this Report, the current estimated cash balance of the Company and subsidiaries is approximately $320,000. The Company
believes that this cash on hand, along with future borrowings, will be sufficient for the Company to resume its core operations.

Our
common stock and warrants are traded on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbols “SEGG”
and “LTRYW,” respectively. As of the date of this Report, we are in compliance with Nasdaq’s continued listing
requirements (the “Listing Rules”). Under its new management, the Company continues to work to improve its disclosure and
reporting controls. Also, the Company plans to continue to strengthen and improve its systems of internal control over financial reporting
and invest in additional legal, accounting, and financial resources.

If
the Company’s securities are delisted from Nasdaq, it could be more difficult to buy or sell the Company’s common stock and
warrants or to obtain accurate quotations, and the price of the Company’s common stock and warrants could suffer a material decline.
Delisting could also impair the Company’s ability to raise additional capital needed to fund its operations and/or trigger defaults
and penalties under outstanding agreements or securities of the Company.

There
can be no assurance that we will have sufficient capital to support our operations and pay expenses, repay our debt, or that additional
funds will be available on favorable terms, if at all. We may not be able to