Lottery.com completes acquisition of S&MI Ltd, renamed Sports.com Media Ltd Page 1

The company expands its global reach through strategic partnerships

LONDON, Sept. 5, 2024 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading provider of online lottery services, announces the successful completion of the acquisition of S&MI Ltd. (“S&MI”), the innovative technology company behind the Sports.com brand and app. Consideration for the acquisition, which will close on September 1, 2024, consists of Lottery.com common shares valued at $3.00 per share.

The acquisition of S&MI is a major milestone for Lottery.com and significantly increases the long-term value of the Sports.com brand. This strategic move opens up new growth opportunities in key markets, including the Middle East, North Africa and beyond, and further cements Sports.com’s global profile as a leader in digital sports entertainment.