Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 114

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 8
Chunk 114
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 progress for fiscal year 2025 will be driven
by technology, M& A, the monetization of Sports. com and product and service and capability enhancements.

Lottery. com
Inc. (formerly Trident Acquisitions Corp) (“ TDAC”, “ Lottery. com” or “the Company”), was formed as
a Delaware corporation on March 17, 2016. On October 29, 2021, we consummated a business combination (the “ Business Combination”)
with AutoLotto, Inc. (“ AutoLotto”). Following the closing of the Business Combination (the “ Closing”) we changed
our name from “ Trident Acquisitions Corp.” to “ Lottery. com Inc.” and the business of AutoLotto became our business.
In connection with the Business Combination the Company moved its headquarters from New York, New York to Spicewood, Texas.

The
Company is a leading provider of domestic and international lottery products and services. As an independent third-party lottery game
service, the Company offers a platform that it developed and operates to enable the remote purchase of legally sanctioned lottery games
in the U. S. and abroad (the “ Platform”). The Company’s revenue generating activities are focused on (i) offering the
Platform via the Lottery. com app and our websites to users located in the U. S. and international jurisdictions where the sale of lottery
games is legal and our services are enabled for the remote purchase of legally sanctioned lottery games (our “ B2C Platform ”

As
a provider of lottery products and services, the Company is required to comply with, and its business is subject to, regulation in each
jurisdiction in which the Company offers the B2C Platform, or a commercial partner offers users access to lottery games through the B2B
API. In addition, it must also comply with the requirements of federal and other domestic and foreign regulatory bodies and governmental
authorities in jurisdictions in which the Company operates or with authority over its business. The Company’s business is additionally
subject to multiple other domestic and international laws, including those relating to the transmission of information, privacy, security,
data retention, and other consumer focused laws, and, as such, may be impacted by changes in the interpretation of such laws.

On
June 30, 2021, the Company acquired an interest in Medios Electronicos y de Comunicacion, S. A. P. I de C. V. (“ Aganar”) and
JuegaLotto, S.