Lottery.com names Mark Gustavson CEO, shares rise

Sports Entertainment Gaming Global

13/02/2023 19:07

** Entertainment co Lottery.com Inc's shares  LTRY.O  up
~10% at $0.73 in afternoon trade
    ** Co appoints Mark Gustavson as chief executive, replacing
Sohail Quraeshi effective Feb. 1, 2023
    ** Gustavson, 54, was previously Chief Executive of ZENIOS
Technologies Corp since May 2022
    ** On Jan. 30, Edward Moffly stepped down as interim CFO
    ** Stock has fallen 80.5% in the past 12 months
 (Reporting by Anne Florentyna Gnanaraja Sekar in Bengaluru)
 ((AnneFlorentyna.GnanarajaSekar@thomsonreuters.com;))