New Vice Presidents Join Lottery.com to Support Growth Plans
January 26 2022 - 6:30AM
Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the
“Company”), a leading technology company that is transforming how,
where and when the lottery is played, is excited to announce the
addition of four key hires who will contribute to the support and
execution of the Company’s strategic growth initiatives.
In addition to the previously announced hiring
of Greg Potts as Global Vice President of Affiliate Success, the
following have also joined Lottery.com:
Amy Lawrence joins the Company as Vice President
of Compliance. She will utilize her multifaceted skills to ensure
the Company’s compliance with complex multi-jurisdictional
regulatory requirements, while also achieving operational and
growth efficiencies. Ms. Lawrence joins Lottery.com from AGS, where
she most recently served as Compliance Officer. She also served as
Associate General Counsel at MGM Resorts International and
Assistant General Counsel at Bally Technologies. Ms. Lawrence
earned her J.D. at the University of Utah S.J. Quinney College of
Law.
Pedro De Ona joins the Company as Vice President
of Research and Development. Mr. De Ona is responsible for
researching and designing new products, including those related to
the Company’s in-development, proprietary, blockchain-enabled
gaming platform, Project Nexus. He will also support implementing
improvements to the existing product portfolio to drive user
engagement and growth. He joins the Company from Google, where he
served as a Software Engineer. Mr. De Ona also served as a Software
Development Engineer at Restaurant Brands International, the parent
company of Burger King.
Marielle Bianchino joins the Company as Vice
President of Marketing and will oversee designing and executing
targeted B2C marketing campaigns. She will also be responsible
for leveraging the Company’s unique brand position. Ms.
Bianchino joins the Company from Ai Media Group, where she most
recently served as Senior Account Director. She also held multiple
positions of increasing responsibility at American Express.
Jim Schonewolf joins the Company as Vice
President of Digital Media Sales. Mr. Schonewolf has nearly 25
years of sales experience and is responsible for business
development with digital media companies for the Company’s
data-based products. He joins the Company from Lottery.com
subsidiary, TinBu LLC, a digital publisher of more than 800 daily
lottery results and other specialized data, where he served as Vice
President of Sales.
Tony DiMatteo, CEO and Co-Founder of
Lottery.com, commented, “It takes incredible talent to achieve
incredible things, and I believe that these new members of our
leadership team will accelerate the execution of our strategic
growth plan. With the recent launch of our targeted marketing
campaigns to grow our B2C business, the continued efforts focused
on the compliant expansion of our operations into new
jurisdictions, as well our new product development, we are making
progress on key initiatives throughout the organization. I am
excited to work with our talented team and build on the strong
momentum we have developed in early 2022.”
About Lottery.com
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 in the United States and internationally 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
non-profit 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. For
more information, visit http://www.lottery.com.
Important Notice Regarding
Forward-Looking Statements
This press release contains statements that
constitute “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended (the
“Securities Act”), and Section 21E of the Securities Exchange Act
of 1934, as amended (the “Exchange Act”). All statements, other
than statements of present or historical fact included in this
press release, regarding the Company’s strategy, future operations,
prospects, plans and objectives of management are forward-looking
statements. When used in this press release, the words “could,”
“should,” “will,” “may,” “believe,” “anticipate,” “intend,”
“estimate,” “expect,” “project,” the negative of such terms and
other similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
such identifying words. These forward-looking statements are based
on management’s current expectations and assumptions about future
events and are based on currently available information as to the
outcome and timing of future events. Except as otherwise required
by applicable law, Lottery.com disclaims any duty to update any
forward-looking statements, all of which are expressly qualified by
the statements in this section, to reflect events or circumstances
after the date of this press release. Lottery.com cautions you that
these forward-looking statements are subject to numerous risks and
uncertainties, most of which are difficult to predict and many of
which are beyond the control of Lottery.com. In addition,
Lottery.com cautions you that the forward-looking statements
contained in this press release are subject to the following
factors: (i) the outcome of any legal proceedings that may be
instituted against Lottery.com; (ii) Lottery.com’s ability to
maintain effective internal controls over financial reporting,
including the remediation of identified material weaknesses in
internal control over financial reporting relating to segregation
of duties with respect to, and access controls to, its financial
record keeping system, and Lottery.com’s accounting staffing
levels; (iii) the effects of competition on Lottery.com’s future
business; (iv) risks related to Lottery.com’s dependence on its
intellectual property and the risk that Lottery.com’s technology
could have undetected defects or errors; (v) changes in applicable
laws or regulations; (vi) risks related to the COVID-19 pandemic
and its effect directly on Lottery.com and the economy generally;
(vii) risks relating to privacy and data protection laws, privacy
or data breaches, or the loss of data; (viii) the possibility that
Lottery.com may be adversely affected by other economic, business,
and/or competitive factors; (ix) the ability of Lottery.com to
achieve its strategic and growth objectives as stated or at all;
and (x) those factors discussed under the heading “Risk Factors” in
the Form S-1 filed by Lottery.com with the SEC on November 18,
2021, and the other documents filed, or to be filed, by Lottery.com
wth the SEC. Should one or more of the risks or uncertainties
described in this press release materialize or should underlying
assumptions prove incorrect, actual results and plans could differ
materially from those expressed in any forward-looking statements.
Additional information concerning these and other factors that may
impact the operations and projections discussed herein can be found
in the reports that Lottery.com has filed and will file from time
to time with the SEC. These SEC filings are available publicly on
the SEC’s website at www.sec.gov.
Lottery.com Contact:
Matthew SchlarbVP, Investor Relations(512)
585-7789ir@lottery.com
Lottery com (NASDAQ:LTRY)
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