17 May 2023

Woodford finance ensures turnaround progress for lottery.com
Publicly listed tech business, Lottery.com, has been able to recommence operations four months after entering into a Loan Agreement with Woodford Finance.
A unique and exciting project under the Woodford Finance portfolio, Sports.com was founded to deliver ground-breaking sports entertainment to fans worldwide.


Specialists in providing tailored finance and strategic direction for distressed assets and turnaround projects, Woodford Finance issued a $2M million lending facility to Lottery.com in December 2022 and since this time has worked closely with the leadership team to transform operations and delivery.

As a result, Lottery.com has now been able to resume ticket sales operations in support of its affiliate partners throughout its Texas network, culminating in the supply of more than seven million tickets of Texas Lotto within its first week of relaunching operations.

In addition, it has signed an exclusive affiliate agreement with International Gaming Alliance (IGA) to supply official Texas lottery tickets in the Dominican Republic – with IGA providing access to more than 1,000 retail distribution points.

The Woodford Finance team are now working closely with Lottery.com to regain full compliance with the Nasdaq listing rules, while driving the future growth and success of the business.

For more information about Lottery.com, visit: https://ir.lottery.com/