InvestorNewsBreaks – Lottery.com Inc. (NASDAQ: LTRY) Announces Industry Veteran as New Member of Board

August 14, 2023 10:27:36

Lottery.com (NASDAQ: LTRY), a leading provider of lottery results data servicing global publishers, search engines and voice assistants, has appointed Christopher Anderson Gooding to its board of directors, a move the company is calling “another important step in a new era of compliance with NASDAQ.” Gooding brings an impressive resume to his new responsibility. He has served for decades at respected law firms, primarily those in  the heart of London’s financial district. His roles have included partner, consultant, director, and legal strategist. Gooding has rich experience, particularly in the corporate landscape, where he has been a founding director of a substantial N.Y.-based hedge fund valued at more than $500 million, served on the boards of companies in aviation and insurance, and led initiatives in the green-energy and aviation sectors.

According to the announcement, Lottery.com is focusing on resuming operations in three major segments of its business model — B2C ticket sales, international expansion and technology licensing — before the end of the year. “We extend a very warm welcome to Christopher,” said Lottery.com board chairman and interim CEO Matthew McGahan in the press release. “The appointment of an individual of his stature enriches our board substantially. His legal acumen, coupled with a deep understanding of corporate governance, greatly augments our combined senior leadership experience. Bolstered by these strategic appointments and solid UCIL financing, we now have a much more robust operational and financial foundation to execute on our business plan. As we lean in to the second half of our fiscal year, our strategy’s central interest is to restore the company’s revenue-driving operations. Our business is easily scalable, contains inherent potential and we look forward to updating the market on these and other positive developments in due course.”

To view the full press release, visit https://ibn.fm/jS28A

About Lottery.com Inc.

Lottery.com, Inc. is a leading technology company that is transforming how, where and when lotteries are played. Its engaging mobile and online platforms enable players and commercial partners located throughout the United States and other countries to remotely purchase safe and legally sanctioned lottery games. Lottery participants look to the Company’s website, Lottery.com, for compelling, real-time results on more than 800 lottery games from more than 40 countries. 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 Lottery are available in the company’s newsroom at https://ibn.fm/Lottery

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