Lottery.com Appoints Luc Vanhal, World wide C-Suite Leader with Many years of Expertise, as Chief Fiscal Officer

AUSTIN, Texas, March 01, 2021 (World NEWSWIRE) — Lottery.com (the “Company” or “Lottery.com”), a main system that permits its end users to engage in the lottery online, announced today that Luc Vanhal has been appointed as the Company’s chief money officer.

Considering that 1990, Vanhal has been furnishing govt management in the roles of chief economical officer, main running officer and president. In addition to being the chairman of many boards, he has also been a member of the compensation & audit committees for Interaction Amusement Corp., a video sport developer and publisher, and ViewSonic, a multinational electronics corporation.

As chief economical officer of the $3 billion purchaser items division of The Walt Disney Corporation from 1990 to 1999, Vanhal led above 500 staff members in setting up, enterprise enhancement, economical reporting, accounting and acquisitions. Between a lot of other highlights, from 2001 to 2004, he managed the improvement of Earth of Warcraft, which continue to has more than 5 million shelling out subscribers, at Vivendi Common Games.

Vanhal brings to Lottery.com several years of experience in global government management with an expertise in money leadership. Not only does he have practical experience functioning in the gaming sector, Vanhal also delivers his expertise of navigating by way of really regulated industries.

“I’m thrilled to attract this kind of a talented and established veteran in finance and accounting with great sector practical experience,” said Lottery.com CEO Tony DiMatteo. “We wanted a sturdy prospect major us by way of the upcoming transition to getting a public business. Blend this with our intense expansion into new states and international locations, which brings all new money restrictions to contemplate, and it was clear to us that Luc was the clear selection.”

As CFO, Vanhal will direct Lottery.com’s worldwide finance firm and will be accountable for accounting, treasury, fiscal scheduling and assessment. He will also participate in a vital job in Lottery.com’s international growth programs, in each regulatory matters and acquisitions.

“I am pretty fired up to join Lottery.com just as they are about to execute on their blue ocean system,” claimed Vanhal. “Lottery.com has just lately seen significant and compelling progress trends and, dependent on the market place share availability, they are just beginning. As we seem in the direction of the upcoming number of decades of development in keep for Lottery.com, I just can’t specific how thrilled I am to be operating with this sort of good staff members that are performing diligently to ensure pristine execution. Working straight together with these committed and pushed leaders, I am self-assured we will complete huge growth and increase benefit for our shareholders.”

On February 22, 2021, the Firm entered into a definitive settlement with Trident Acquisitions Corp. (Nasdaq: TDACU, TDAC, TDACW) to develop into a publicly traded firm on The Nasdaq Stock Market place. Trident and the Organization intend to publish an investor presentation relating to the proposed enterprise combination in the coming weeks.

About Lottery.com

Lottery.com is an Austin, TX-based mostly corporation enabling buyers to play point out-sanctioned lottery video games from their property or on the go in the US and internationally. The Business functions closely with state regulators to advance the lottery market, furnishing increased revenues and superior regulatory abilities, whilst capturing untapped current market share, like millennial gamers. Lottery.com is also gamifying charitable supplying to essentially modify how nonprofits have interaction with their donors and elevate resources. As a result of their WinTogether.org platform, they offer charitable donation sweepstakes to incentivize donors to acquire action by offering as soon as in a life span encounters and massive funds prizes.

Important Information and facts and In which to Discover it

In link with the proposed small business mix, Trident Acquisitions Corp. (“Trident”), expects to file a registration assertion on Variety S-4 (the “Registration Statement”) that will include things like a preliminary proxy statement with the U.S. Securities and Exchange Commission (“SEC”) for the solicitation of proxies from Trident’s shareholders. On top of that, Trident will file other appropriate materials with the SEC in link with the proposed company mixture. Copies could be received free of charge of charge at the SEC’s net web page at www.sec.gov. A definitive proxy assertion will be mailed to Trident shareholders as of a document day to be set up for voting on the proposed small business blend. Buyers and protection holders of Trident are urged to read the Registration Assertion and the other appropriate materials when they develop into accessible ahead of making any voting final decision with regard to the proposed company combination since they will contain essential facts about the business blend and the get-togethers to the business combination. The information contained on, or that may be accessed by way of, the internet websites referenced in this press release is not integrated by reference into, and is not a portion of, this push launch.

Forward Seeking Statements

The information and facts in this press release includes “forward-looking statements” inside of the which means of Portion 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical simple fact provided in this presentation, concerning the proposed company mix between Trident and Lottery.com, Trident and the Company’s potential to consummate the transactions, the positive aspects of the transactions, the Company’s approximated development, operational and condition expansion, and the merged company’s long term economical functionality, as well as the combined company’s technique, foreseeable future functions, approximated fiscal place, estimated revenues and losses, projected prices, prospects, plans and targets of management are ahead-searching statements. When applied in this push launch, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the detrimental of these types of phrases and other identical expressions are intended to detect forward-seeking statements, while not all ahead-on the lookout statements incorporate these determining phrases. These ahead-on the lookout statements are primarily based on management’s recent anticipations and assumptions about foreseeable future occasions and are dependent on presently available facts as to the end result and timing of long run events. Besides as in any other case demanded by relevant regulation, the Organization disclaims any obligation to update any forward-searching statements, all of which are expressly capable by the statements in this part, to reflect activities or conditions just after the date of this push release. The Business cautions you that these ahead-on the lookout statements are topic to quite a few risks and uncertainties, most of which are hard to predict and many of which are past the regulate of either Trident or the Enterprise. In addition, the Company cautions you that the forward-searching statements contained in this press launch are issue to the following elements: (i) the event of any event, change or other instances that could hold off the organization mix or give rise to the termination of the agreements connected thereto (ii) the end result of any legal proceedings that could be instituted against Trident or the Firm pursuing announcement of the proposed company blend (iii) the incapacity to full the company mix owing to the failure to obtain acceptance of the stockholders of Trident, or other conditions to closing in the company mix settlement (iv) the danger that the proposed business blend disrupts the Company’s current designs and operations as a final result of the announcement of the transactions (v) the Company’s skill to know the predicted rewards of the business combination, which may perhaps be affected by, among the other factors, opposition and the means of the Enterprise to increase and control development profitably next the organization mix (vi) expenditures associated to the enterprise mix (vii) hazards associated to the rollout of the Company’s small business and the timing of anticipated enterprise milestones (viii) the Company’s dependence on acquiring and maintaining lottery retail licenses or consummating partnership agreements in different markets (ix) the Company’s ability to maintain efficient inside controls around financial reporting, such as the remediation of identified product weaknesses in inner handle in excess of fiscal reporting relating to segregation of responsibilities with regard to, and obtain controls to, its economic document keeping procedure, and the Company’s accounting staffing concentrations (x) the outcomes of opposition on the Company’s foreseeable future small business (xi) threats related to the Company’s dependence on its intellectual property and the danger that the Company’s technological know-how could have undetected problems or faults (xii) modifications in applicable legislation or rules (xiii) the COVID-19 pandemic and its effect on the Corporation and the economic climate usually (xiv) challenges similar to disruption of management time from ongoing business operations owing to the proposed business enterprise blend (xv) pitfalls relating to privateness and details protection legal guidelines, privacy or knowledge breaches, or the reduction of details and (xvi) the likelihood that the Business may be adversely impacted by other financial, company, and/or aggressive elements. Must a person or far more of the pitfalls or uncertainties described in this press release materialize or ought to fundamental assumptions prove incorrect, precise outcomes and options could differ materially from individuals expressed in any ahead-searching statements. Supplemental information and facts concerning these and other elements that may well impression the operations and projections mentioned herein can be uncovered in the studies that Trident has filed and will file from time to time with the SEC, like its Yearly Report on Type 10-K for the fiscal year finished December 31, 2019. Trident’s SEC filings are accessible publicly on the SEC’s web site at www.sec.gov.

Participants in the Solicitation

Trident and its administrators and officers may possibly be considered members in the solicitation of proxies of Trident’s shareholders in relationship with the proposed company combination. Lottery.com and its officers and directors could also be considered individuals in this kind of solicitation. Stability holders may well attain extra thorough details with regards to the names, affiliations and pursuits of particular of Trident’s govt officers and directors in the solicitation by looking at Trident’s Annual Report on Variety 10-K for the fiscal year finished December 31, 2019, and the Proxy Statement and other appropriate supplies filed with the SEC in connection with the organization combination when they turn into accessible. Information and facts relating to the passions of Trident’s members in the solicitation, which might, in some instances, be distinct than those of their stockholders typically, will be set forth in the proxy statement relating to the organization blend when it will become readily available.

No Provide or Solicitation

This conversation does not constitute an provide to sell or the solicitation of an supply to get any securities or represent a solicitation of any vote or approval.

Lottery.com Contact:
Cody Billingsley
(512) 537-5713
[email protected]