(PRESS RELEASE) -- Lottery.com Inc., a leading technology company in digital lottery and sports entertainment, announced another significant legal victory on 9 April 2025 as the United States District Court for the Western District of Texas denied a motion for reconsideration brought by Yes Period, LLC. The case styled Yes Period, LLC d/b/a Serenity Software v. Lottery.com, Inc. d/b/a Sports.com Inc. d/b/a AutoLotto.com, Inc. (Case No. 1-23-CV-00616), originally dismissed without prejudice in November 2024, remains dismissed, marking the ninth lawsuit dismissed since the appointment of the Company's new leadership team.
This outcome adds to the growing track record of successful litigation outcomes achieved under Lottery.com's revitalized governance structure and legal strategy—delivering tangible results in clearing legacy challenges and restoring operational integrity.
Matthew McGahan, CEO of Lottery.com, stated:
"Lottery.com is, of course, delighted with this outcome. It is yet another case we have fought, won, and had dismissed. This marks the ninth such dismissal since our new management and turnaround team were appointed—a clear signal to our shareholders that our strategy is working. We remain laser-focused on delivering long-term value, building trust in the capital markets, and positioning the business for sustainable growth."
In the Court's latest ruling, the Judge reaffirmed that the Plaintiff failed to prosecute its claims in a timely and compliant manner and found no justification to modify the original dismissal. This result reflects the Company’s efforts to resolve legal overhangs while preserving its resources and protecting shareholder interests.