Lottery.com has appointed McGahan as CEO on a permanent basis. He had been serving as interim CEO since July 2023, following the departure of Mark Gustavson. McGahan, who joined Lottery.com as chair in October of the previous year, also founded UK charity Mask Our Heroes and the Harley-Davidson dealer Magic Automotive Group. Gregory Potts has been promoted to chief operating officer, while Robert Stubblefield has been confirmed as chief financial officer. Lottery.com recently published its Q3 results, which showed a decrease in revenue but a reduced net loss. The company is looking to stabilize after a turbulent year that included management changes and legal challenges. Good news for Lottery.com includes the resumption of ticket sales to support affiliate partners in Texas and regaining compliance with Nasdaq stock market rules.
Lottery.com announces appointment of new CEO and unveils revamped leadership team
Travis Chang is a highly respected writer with a deep-seated passion for gambling and online gaming. With over a decade of experience in the industry, Travis has carved out a reputation for his insightful and well-researched content on casinos, sports betting, poker, and emerging trends in online gambling. His writing is celebrated for its clarity, depth, and ability to make complex subjects accessible and engaging for a wide audience. Travis's articles provide readers with in-depth reviews, expert strategies, and the latest industry developments, empowering them to make informed decisions and enhance their gaming experiences.
Leave a comment