Lottery.com (NASDAQ: LTRY), a global tech company delivering trusted gaming solutions wherever lotteries are played, has announced changes in key board roles. The company announced that Matthew H. McGahan, an existing director, has been appointed chair of the board; the company also named two new board members: Barney Battles and Naila Chowdhury. Noting that these appointments come at a transformation time for the company, the announcement outlined McGahan’s vast experience in working with turnarounds and distressed projects, including his family’s own Pinewood Motor Group. Other key accomplishments included becoming the first dealer to bring Toyota Motor Corporation to the United Kingdom and founding Magic Automotive Group, which grew into one of the largest Harley-Davidson and BMW dealerships in Europe. McGahan also is a successful investor, building a sizeable portfolio that included investments in several sectors including property, motorsports, EV, technology, minerals, mining, recycling, fintech and medical research. He also founded the UK charity Mask Our Heroes, created in memory of his father, who died of COVID-19 pandemic. Battles founded the League of Angels and is the former co-owner of Jackpot Games, a Maltese online gaming venture that was sold to a large German media group, and former senior advisor to the Rank Group PLC, where he focused on Grosvenor Casinos and Bingo. Chowdhury has garnered more than two decades leadership experience in senior management in private, public, and nonprofit organizations globally, including as cofounder and former CEO of Pillar 4 Dignity, which supports and empowers underserved women and girls worldwide who face social and economic challenges. “I would like to welcome all the new directors to the board and am delighted at Matthew’s appointment to chairman,” said Lottery.com CEO Sohail Quraeshi in the press release. “Each of them brings considerable and relevant experience, which will substantially enhance our senior leadership team, compliance, CSR and strategic capability. These appointments are a crucial next step as we complete the turnaround of the business and implement a strategy for future growth.”
To view the full press release, visit https://ibn.fm/IS2Ru
Lottery.com is a leading technology company that is transforming how, where and when lotteries are played. Its engaging mobile and online platforms enable players located in the United States and other countries to remotely purchase safe and legal lottery games. Lottery participants look to Lottery.com for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, Lottery.com is fundamentally changing how nonprofit donors are incentivized to action by gamifying charitable giving. In all that it does, Lottery.com’s mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives. To learn more about the company, visit www.Lottery.com.
NOTE TO INVESTORS: The latest news and updates relating to Lottery are available in the company’s newsroom at https://ibn.fm/Lottery
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