Lottery.com's Global Advisory Board: A Catalyst for Growth and Expansion

Generado por agente de IAHarrison Brooks
martes, 18 de febrero de 2025, 8:05 am ET2 min de lectura
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In a strategic move to drive growth and expansion, Lottery.com Inc. (Nasdaq: LTRY, LTRYW) has established a global advisory board to provide active strategic guidance and support the company's growth initiatives. The announcement, made on February 18, 2025, signals Lottery.com's commitment to navigating complex opportunities and maximizing shareholder value.

The newly formed advisory board will focus on Lottery.com's primary brands, Lottery.com and Sports.com, as well as its subsidiaries. Comprising industry leaders with deep experience in gaming, technology, operations, media, compliance, and private equity, the board will offer independent advice on evolving trends and challenges. This distinguished group will help evaluate the company's current business model, refine operations, and explore new trends and prospects to accelerate growth. Additionally, the advisory board will support corporate governance and offer strategic recommendations to ensure compliance and long-term stability.

The initial members of the advisory board include:

1. Chairman: Cary S. Fitchey - Senior Managing Partner at British Pacific Partners LLC, a Los Angeles-based advisory firm and merchant bank. Mr. Fitchey has raised and invested over $2 billion in the U.S., Europe, and South Africa. His experience in acquisitions, strategy, compliance, and corporate governance will be invaluable in guiding Lottery.com's growth and expansion.
2. Ashleigh Barry - Senior Vice President of Strategic Communications, National Association for Veteran’s Rights. A multiple Emmy and Edward R. Murrow Award-winning journalist, Ms. Barry brings a strong communication and advocacy skillset to the board, ensuring that Lottery.com's message resonates with stakeholders, customers, and the public.
3. Damien Lipman - Founder and Managing Director, TenXnet FZCO, specializing in providing payment solutions for complex jurisdictions. His experience in leadership roles across consultancy, hedge fund marketing, financial operations, business development, and strategic partnerships provides a well-rounded perspective on global market dynamics and growth opportunities.
4. Sam Verma - Co-Founder and Chairman, FansXR, a portfolio of fan-controlled 2D, 360, and animated entertainment and sports gamification projects. With extensive experience in international banking, communications, technology, and marketing, Mr. Verma will be essential in helping Lottery.com identify and capitalize on new market opportunities and trends.

The formation of the advisory board aligns with Lottery.com's commitment to social responsibility and community development, particularly in the context of the global lottery market. With a market value of approximately $335 billion in 2023, and nearly 30% of proceeds allocated to public programs such as education, veterans' affairs, and healthcare, Lottery.com aims to enhance its impact in these areas by creating a sustainable philanthropic framework within its business model. This commitment is evident in the following quote from the press release:

> Lottery.com, with guidance from its Advisory Board, aims to enhance its impact in these areas by creating a sustainable philanthropic framework within its business model, reinforcing its commitment to social responsibility and community development.

In conclusion, the establishment of the global advisory board is a strategic move by Lottery.com to drive growth and expansion, leveraging the expertise of industry leaders in gaming, technology, operations, media, compliance, and private equity. The board's focus on Lottery.com's primary brands and subsidiaries, as well as its commitment to supporting corporate governance and long-term stability, positions the company for success in the rapidly evolving digital lottery and sports entertainment industry.

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