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Lottery.com Announces Changes to Executive Management Team and Board of Directors
Lottery.com Inc. announced that United Capital Investments London Ltd. (UCIL) has agreed to enter into a funding agreement with the Company. The terms and conditions of the deal are not disclosed. The Company said it will disclose specific terms and conditions of the deal once both parties have finalized the definitive agreement.
The Company also announced changes to its Board of Directors and executive management aimed at further enhancing corporate governance and strategic leadership, by drawing from deep talent within the world of finance, entertainment, and sport. These changes reflect the Company’s commitment to sustained growth and innovation in the gaming, sport, and entertainment industries.
New Interim CEO
On July 20, 2023, the Board of Directors made the decision to terminate Mark Gustavson from his role as Chief Executive Officer of the Company. In his place, Matthew McGahan, Chairman of the Board of Directors, has been appointed as interim Chief Executive Officer.
McGahan brings a wealth of experience and expertise to the role, having been an integral part of the Company’s turnaround to date. This appointment ensures the continuation of the management of the Company under a safe, talented, and skilled pair of hands.
New CFO
On July 14, 2023, the Board of Directors appointed Robert J. Stubblefield as Chief Financial Officer of the Company, effective immediately. Mr. Stubblefield brings with him extensive financial expertise, having recently served as the chief financial officer of Demeta Inc. and Regnum Corp. His successful tenure as a financial executive in various start-up, early-stage growth, and public companies speaks to his ability to drive the Company’s financial strategy and revenue initiatives.
“Mr. Stubblefield has been a key member of the consulting team that helped the Company regain regulatory compliance with Nasdaq. The Company was extremely fortunate to find someone with his background to step in and assume a leadership role over the last four months, during which he gained significant knowledge about the Company and its operations. His wealth of financial experience and leadership will be invaluable as we begin to execute our growth plans now with the support of our new investment partner, UCIL,” Interim CEO Matthew McGahan said.
“I am eager to join the Lottery.com team at such an important time for the Company. I look forward to leveraging my years of experience to guide the Company in implementing sustainable financial processes and controls. I am grateful to be working alongside an energetic group of leaders to advance the Company’s strategic goals, rebuild our domestic and international revenue engines, and focus the Company’s efforts on delivering maximum shareholder value. It’s an exciting time to join this organization as we prepare to fully realize the revenue-generating power of our two primary assets: lottery.com and sports.com,” said Rob Stubblefield, Lottery.com’s new CFO.
Independent Non-Executive Directors
In line with its ongoing restructuring and commitment to improving compliance, corporate governance, disclosure, and reporting structures, as well as boosting its offerings to customers, Lottery.com announced two new independent non-executive directors to its Board.
Tamer Hassan, renowned actor, entrepreneur, and founder of The Tamer Hassan Academy of Acting, joins the Board as an independent non-executive director.
With an illustrious career in the film and television industry, Mr. Hassan’s entrepreneurial skills have also led him to success in entertainment, sports, leisure, and hospitality ventures. He has a passion for supporting emerging talent in both the UK and Cyprus and has a strong track record in business ventures across various industries.
Mr. Hassan said: “My journey as an actor and entrepreneur, working successfully over many years with some of the biggest household entertainment brands, has given me unique insights into industry, and I look forward to contributing my expertise to the growth and success of Lottery.com.”
The second new non-executive addition to the Board is Paul Jordan, a commercial motorsport specialist with extensive international experience in sponsorship, acquisitions, and communication. With an impressive career spanning over four decades, Mr. Jordan has held senior positions with top Formula One teams and renowned motorsport brands. His ability to foster positive relationships with governing bodies, promoters, and government officials has earned him respect and admiration from peers and former colleagues.
“We are delighted to welcome both Paul and Tamer to our Board. Their vast experience and achievements in the sports and entertainment industries will undoubtedly be an asset to our strategic decision-making process,” Chairman Matthew McGahan said.
These Board changes come as part of Lottery.com’s dedication to maintaining a strong leadership team and ensuring the Company’s continued growth and success in the global gaming market.
Mr. McGahan added: “Lottery.com is committed to maintaining transparency, innovation, and excellence in its operations and governance. With the funding partner announced today and the Board changes in place, the Company is well-positioned to advance its mission and create value for all stakeholders.”
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Here are this weeks latest slots releases compiled by European Gaming
Evoplay, the award-winning game development studio, has launched Diamond Hustle, a fast-paced 3×3 slot built for players who crave energy, clarity and explosive features. Set in a neon-drenched underworld where diamonds are currency and every move counts, Diamond Hustle strips back the clutter and brings the action front and centre.
SlotMatrix introduces Circle of Sylvan, a spellbinding new slot where enchanted forests, glowing coins, and powerful jackpots fuse to create fun and exciting potential wins. Deep in the heart of the Sylvan realm lies hidden treasure, guarded by ancient trees and shimmering coins. Players are invited to channel magical energy into the Golden Circle, nourishing the mystical Golden Tree and growing the value of five dynamic Jackpots.
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Inspired Entertainment, Inc., is thrilled to announce the launch of Halloween Golden Winner
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Welcome to Nip Tuck, the boldest budget cosmetic shop in the world. Sneaky’s first release will rearrange faces in the most wacky and unimaginable way ever. Nip Tuck is the first of 4 releases that Sneaky have planned for 2025, these being Freak Show Revelation, Gopnik and one more which is still lurking in the shadows!
CryptoSlots, a premier online crypto casino, launches its electrifying two-payline Mega Matrix slot, The Line x2. This vibrant sequel builds upon the sleek, minimalist foundation of its popular predecessor, The Line, by adding a second payline and supercharging play with new bonus features.
Just Slots is diving into new territory with its latest slot release, Fish Mafia, an immersive underwater crime adventure. With a network launch on 2 October 2025, Fish Mafia transports players beneath the waves to a city built by fish and sea creatures under mafia rule.
Lottomart has announced the exclusive UK release of Blueprint Gaming’s latest slot, Big Cat Gold. Available only at Lottomart, this thrilling title takes players deep into the savannah, where the fiercest predators roam and golden prizes await.
Stakelogic is cranking up the chaos with the release of Runner Runner ClusterBreaker, an explosive slot that rewrites the rulebook on cluster mechanics with its groundbreaking ClusterBreaker feature. Played on a 5×3 grid, wins are triggered when five or more identical symbols form a cluster anywhere on the reels.
Step into a world of riches and luck with Greedy for Gold Power Hit, the ultimate slot adventure where fortune favours the bold! Join our two greedy leprechaun characters – Finn & Fergus – as they scheme, spin and stash away mountains of gold in their never-ending quest for riches. The game offers up to an incredible 1,944 ways to win.
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Blueprint Gaming is reeling players back in with the launch of Fishin’ Frenzy Even Bigger Fish 3 Megaways Rapid Fire Jackpots, the next big catch in the industry’s most successful fishing-themed slot series. At the heart of the action is the Money Collect feature.
Amusnet has announced the release of the latest addition to its Art of Gold series – 40 Art of Gold 6 Reels Dice Edition. Amusnet’s this latest Online Casino portfolio addition is a dazzling slot game that fuses artistic elegance with the thrill of classic dice play. This 6-reel slot with 40 fixed paylines invites players into a golden world of fortune and creativity.
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The post Week 39/2025 slot games releases appeared first on European Gaming Industry News.
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Digitain strengthens its regulated presence in Europe by obtaining Belgium’s E Category License.
Digitain, the leading iGaming solutions provider, has announced that it has been officially licensed to operate in Belgium, marking a significant milestone in the company’s ongoing European expansion. This achievement highlights Digitain’s commitment to compliance, innovation, and delivering trusted solutions to its global partners.
Belgium is a highly regulated jurisdiction with strict standards to ensure fair play and responsible gaming. Securing this license further strengthens Digitain’s reputation as a reliable and compliant technology provider, enabling it to offer its award-winning solutions fully aligned with local regulations.
Digitain remains committed to expanding its regulated market presence, fostering partner success, and upholding the highest standards of compliance and data protection.
The post Digitain Expands into Belgium with Regulatory License Approval appeared first on European Gaming Industry News.
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The SYNOT Group will continue its cooperation with the BERANI ZLÍN hockey club as its main partner in the upcoming season. This builds on last year’s partnership, which became an important driver for the further development of hockey in Zlín.
The continued support from SYNOT is a clear signal that investment in sports remains one of the company’s priorities. Ice hockey is perceived as an essential part of community life, bringing joy to fans of all generations and inspiring young athletes to spend their free time actively.
The partnership will once again be reflected in the visibility of the SYNOT brand – from players’ jerseys to the ice rink and other club materials.
As one of the traditional names in Czech sports, the Zlín hockey club holds a special place in the country’s sporting landscape.
The post SYNOT Once Again the Main Partner of the Berani Zlín Hockey Team appeared first on European Gaming Industry News.
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