Lottery.com (NASDAQ: LTRY, LTRYW) today announced that United Capital Investments London, Ltd. (“UCIL”) has agreed to enter into a funding agreement with the company. The terms and conditions will be announced after the definitive agreement is finalized. The company also announced changes to its board of directors and executive management team that reflect its commitment to sustained growth and innovation in the gaming, sport and entertainment industries. “Lottery.com is committed to maintaining transparency, innovation and excellence in its operations and governance,” said Interim CEO and Chairman Matthew McGahan. “With the funding partner announced today and the board changes in place, the company is well-positioned to advance its mission and create value for all stakeholders.”
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About Lottery.com
Lottery.com 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 over 800 lottery games from over 40 countries. 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. For more information, visit www.Lottery.com.
NOTE TO INVESTORS: The latest news and updates relating to LTRY are available in the company’s newsroom at https://nnw.fm/LTRY
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