Welcome to the Future of Lottery.com
A New Chapter Begins
FORT WORTH, Texas, Oct. 18, 2024 (GLOBE NEWSWIRE) — Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery and sports entertainment, is pleased to announce that the U.S. Securities and Exchange Commission (“SEC”) has declared the Company’s Form S-1 Registration Statement effective on October 16, 2024 (“Registration Statement”) (File Number: 333-281925). Following the declaration, Matthew McGahan, Lottery.com Chairman and CEO, wrote an open letter to the Company’s shareholders to address the Company’s future and address accusations made against the Company and its directors and executives.
A Promising Future
The declaration of the Registration Statement by the SEC marks a significant milestone for Lottery.com. The Company is now poised to enter a new phase of growth and development, leveraging its innovative technology to revolutionize the digital lottery and sports entertainment industry.
Addressing Concerns
In his open letter to shareholders, Matthew McGahan addresses the accusations made against the Company and its leadership. He reassures stakeholders that Lottery.com is committed to transparency, accountability, and ethical business practices. McGahan emphasizes the Company’s dedication to creating value for shareholders while upholding the highest standards of integrity.
The Future Impact on You
The SEC’s approval of the Registration Statement could have a direct impact on you as a shareholder. With the Company poised for growth, there is potential for increased shareholder value and new opportunities for investment in the digital lottery and sports entertainment sector.
The Global Implications
Lottery.com’s success could have far-reaching effects on the world, as the Company’s innovative technology and business model may influence the evolution of the lottery industry worldwide. By setting new standards for transparency and efficiency, Lottery.com could pave the way for greater accessibility and participation in lottery games on a global scale.
Conclusion
As Lottery.com embarks on this new chapter, the future looks bright for the Company and its stakeholders. With a commitment to innovation, transparency, and ethical practices, Lottery.com is poised to lead the digital lottery and sports entertainment industry into a new era of growth and opportunity.
