Lottery.com (NASDAQ: LTRY), a leading technology company in the lottery and gaming sector, announced that Warren Macal has been nominated to its board of directors. According to the announcement, Macal will be seated as a director at the company’s next board of directors meeting following the successful completion of required background checks. Currently the managing director at Prosperity Investment Management (“PIM”), Macal also serves as the head of PIM’s Motorsport Investment Division. In December 2023, it was announced that PIM had made an $18 million investment commitment to Lottery, subject to due diligence; the investment is designed to accelerate Lottery.com’s strategic acquisitions and market- development initiatives. Macal has more than 15 years of wealth-management and strategic financial-planning experience, and he specializes in the financial needs of high-net-worth individuals and professional athletes, particularly in the motorsports arena. “Warren’s profound knowledge in wealth management and his strategic insight into the sports sector will provide a significant advantage to our board,” said Lottery.com CEO Matthew McGahan in the press release. “His leadership at Prosperity Investment Management, particularly in maximizing sports-related opportunities, aligns perfectly with our vision for growth and innovation. This is particularly relevant as we roll out our Sports.com platform, which is designed to connect fans, athletes, and sports influencers in a unique digital ecosystem, making Sports.com the go-to destination for sports enthusiasts across the globe. Warren’s nomination is part of a broader strategic synergy between Prosperity Investment Management and Lottery.com, which includes leveraging high-profile sports partnerships and expanding into new markets, particularly in the digital sports and gaming sectors.”
To view the full press release, visit https://ibn.fm/jJKDP
About Lottery.com Inc.
Lottery.com is a leading technology company that is transforming how, where and when lottery is played. Its engaging mobile and online platforms enable players and commercial partners located throughout the United States and other countries to remotely purchase legally sanctioned lottery games. Fans and subscribers look to Lottery.com for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, Lottery.com is fundamentally changing how nonprofit donors are incentivized to action by gamifying charitable giving. In all that it does, Lottery.com’s mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives. To learn more about the company, visit www.Lottery.com.
NOTE TO INVESTORS: The latest news and updates relating to LTRY are available in the company’s newsroom at https://ibn.fm/LTRY
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