Material Event (Form 8-K)

Item 8.01 Other Events.

Sports Entertainment Gaming Global Corporation ("SEGG" or the "Company"), formerly known as Lottery.com Inc. ("Lottery"), and prior to its business combination with the SPAC Trident Acquisition Corp. ("Trident") known as AutoLotto, Inc. ("AutoLotto"), files this current report on Form 8-K (the "Current Report") to provide certain financial information and related disclosures associated with two connected, historical (2020 and 2021) transactions (the "Legacy Transactions") that were planned and executed by Vadim Komissarov, the former Chief Executive Officer of Trident ("Komissarov"), with the assistance of Lawrence Anthony DiMatteo, Lottery's co-founder and former Chief Executive Officer ("DiMatteo"), Matthew Clemenson, Lottery's co-founder and former Chief Revenue Officer ("Clemenson") and Ryan Dickinson, Lottery's former President and Chief Financial Officer ("Dickinson") (DiMatteo, Clemenson and Dickinson collectively the "Lottery Former Executives").

The Legacy Transactions were designed by Komissarov to be circular in nature, which on one end generated revenue using borrowed funds held in an escrow account was held at a Massachusetts law firm, and on the other end then used that revenue to support AutoLotto's acquisition of Global Gaming Enterprises, Inc. ("Global Gaming") on June 30, 2021 at an acquisition cost. Notably, on June 24, 2026, Komissarov was sentenced to three years in prison for, among other things, his involvement with the Legacy Transactions.¹ Clemenson and Dickinson pleaded guilty on May 22, 2025, for, inter alia, their involvement in the Legacy Transactions.² Both currently await sentencing. The Company's current officers and directors had no involvement whatsoever in the Legacy Transactions (or any of other allegations made against Komissarov, DiMatteo, Clemenson or Dickinson) and no one that participated in the Legacy Transactions is currently employed or engaged with the Company in any manner.

Summary of the Legacy Transactions Based on "New Information" Learned by the Company

Between July 15, 2026, and August 7, 2026, the Company obtained sworn testimony given in depositions taken of Dickinson and Datassure's former CEO Jeffery Sparrow, in a matter unrelated to the Legacy Transactions (the "Depositions") that revealed facts about the Legacy Transactions not previously known to the Company's current management. Based on the testimony provided during the Depositions and additional information gained from a subsequent inquiry by the Company's current CFO and COO (collectively, the "New Information"), the Company believes that, in December 2020, Komissarov instructed DiMatteo, Clemenson, and Dickinson to record a $9,000,000 transaction with Datassure as revenue and cash, despite AutoLotto's inability to possess, access or transfer the funds because the cash was held in a restricted escrow account at Boston Law Group P.C., a Massachusetts law firm. In particular, the New Information evidenced that the restricted funds held in escrow at Boston Law Group belonged to an acquaintance of Komissarov and pursuant to a series of escrow reports provided by Boston Law Group, AutoLotto purportedly received $9 million for selling customer data to Datassure and then used that $9 million (in addition to other consideration) to purchase Global Gaming from Pan European Associates, S.R.O. ("Pan Euro"), a Czech company created by Komissarov to conceal the spurious 2020 revenue transaction, thus returning the entire sum of $9 million to its source, Komissarov's acquaintance. At Komissarov's direction and with his participation, DiMatteo, Clemenson, and Dickinson executed and reported revenue, deferred revenue, and cash transactions in December of 2020, revenue transactions in the first and second quarters of 2021, and then overstated the acquisition cost to $10,572,674 for Global Gaming in June of 2021 and created documentation for AutoLotto's books and records that subsequently led both transactions appear to be bona fide.

¹ See https://www.justice.gov/usao-sdny/pr/former-ceo-special-purpose-acquisition-company-sentenced-prison.

² See https://news.bloomberglaw.com/litigation/two-ex-lottery-com-executives-plead-guilty-to-securities-fraud