Lottery.com (NASDAQ: LTRY), a leading provider of lottery results data servicing global publishers, search engines, and voice assistants, has resumed ticket sales operations to support its affiliate partners through its Texas retail network. According to the announcement, Lottery.com provided more than seven million tickets for Texas lottery games in its first week of operation after starting operations again. The company also signed an exclusive affiliate agreement with International Gaming Alliance (“IGA”); the agreement enables Lottery.com to offer official Texas lottery tickets in the Dominican Republic. IGA has an established retail and online distribution network in the Dominican Republic with access to more than 1,000 retail distribution points. According to the announcement, Lottery.com anticipates beginning to provide tickets sometime next month. “We are making great progress as a company, and it is testament to the resilience of both our operational alacrity and our people that we were able to fulfill this order in such a short time frame, after almost nine months of shut down,” said Lottery.com CEO Mark Gustavson in the press release. “We are now up and running again and able to supply tickets. Our production capacity through our retail partner network has tripled, and all machines and personnel capacity has been ramped up to supply our customers. These will include our new agreement with IGA in the Dominican Republic, and we hope to announce further deals in due course. Since my arrival, regaining compliance with the NASDAQ Listing Rules has been an absolute priority. In this regard, the new management team is working with our auditors and other advisers to substantially improve our disclosure and reporting controls, as well as implementing an overhaul of our systems of internal control. Our business turnaround is working to plan, and we [are] optimistic about the future prospects for the business.”
To view the full press release, visit https://ibn.fm/9GE4q
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 over 800 lottery games from over 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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