Sports Entertainment Gaming Global Corp

Sports Entertainment Gaming Global Corp operates as a transformed entity, having originally been formed as Trident Acquisition Corp. on March 17, 2016. On October 29, 2021, it completed a business combination with AutoLotto, Inc., adopting the name Lottery.com Inc., and AutoLotto's business became its core operation. On January 27, 2026, the Company changed its name to Sports Entertainment Gaming Global Corporation. The Company has undergone a comprehensive transformation to address historical operational, financial, and governance challenges that primarily arose prior to mid-2022. These challenges materially impacted its business operations, financial condition, and capital structure. Since mid-2022, management and the Board have executed a corporate reset to stabilize the business, strengthen governance, and reposition the Company for sustainable, revenue-driven growth. In 2022, the Company experienced a significant disruption to its legacy operations, including the cessation of certain core business activities, which resulted in a meaningful contraction in revenue. Management implemented cost containment measures, rationalized operations, and prioritized capital allocation toward critical restructuring and compliance initiatives. Historically, the Company's revenue model was substantially concentrated in lottery ticket sales and related transactional services. Its legacy lottery platform was designed to enable users to remotely purchase legally authorized lottery games through licensed partners, while providing data analytics, affiliate marketing solutions, and promotional tools to commercial clients.