Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 56

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 56
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 such developments
in the jurisdictions in which we or our subsidiaries operate, our policies and procedures for compliance with data privacy laws and regulations,
may not be up-to-date or implemented correctly or our management, employees or agents. thereby not complying with current procedures.
Moreover, our third-party agents in foreign jurisdictions may likewise not implement policies and procedures that are the most current
for their jurisdiction, thereby creating a risk factor for us. Failure to comply with data privacy laws and regulations may have serious
financial consequences. We could face significant sanctions, statutory damages, and damage to our reputation resulting in a material
adverse effect on our results of operations, business, or financial condition.

Our
business could be adversely impacted by changes in the Internet and mobile device accessibility of users.

Our
business depends on users’ access to our offerings via a mobile device or personal computer and the Internet. We may operate in
jurisdictions that provide limited data or Internet connectivity, particularly as we expand into foreign markets. Internet access and
access to a mobile device or personal computer are frequently provided by companies with significant market power that could take actions
that degrade, disrupt, or increase the cost of consumers’ ability to access our offerings. In addition, the Internet infrastructure
that we and our users rely on in any particular geographic area may be unable to support the demands placed upon it and could interfere
with the speed and availability of our offerings. Any such failure in Internet or mobile device or computer accessibility, even for a
short period of time, could adversely affect our results of business, financial condition, and results of operations and could cause
the value of our securities to decline or become worthless.

We
operate in a rapidly evolving industry and if we fail to successfully develop, market, or sell new products or adopt new technology platforms,
it could materially adversely affect our business, results of operations, and financial condition.

Our
Platform and other software products are in a market characterized by rapid technological advances, evolving standards in software and
hardware technology, and frequent new product introductions and enhancements that may render existing products, services, and systems
obsolete. Competitors are continuously upgrading their product offerings with new features, functions, and content. In addition, we may
be required to refine our software and technology platform to address regulatory changes in the markets in which we operate or plan to
operate. In order to become competitive, we may need to periodically modify and enhance our technology platform and service offerings.

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We
cannot assure you that we will be able