PlayLottoGlobal Announces Closing of $1.5 Million Financing

This strategic funding will enable PlayLottoGlobal to launch worldwide offering 20 lotteries in more than 180 countries. The funds will also facilitate the expansion of the PlayLottoGlobal platform to include on-line gaming, casino, and e-sports.
By: PlayLottoGlobal
RED BANK, N.J. - Nov. 4, 2022 - PRLog -- SMTM Global LLC d/b/a PlayLottoGlobal (the "Company") today announced that it has closed on $1.5 million financing with one lead investor. The closing of this transaction will pave the way for PlayLottoGlobal to launch their online platform of 20 of the world's largest digital lotteries across more than 180 countries.

This round of financing enables the Company to globally launch the PlayLottoGlobal platform and will accelerate its timeline for expansion into other areas of online gaming including the on-line casino, E-Sports sector and the Metaverse.

PlayLottoGlobal's distribution plan includes a unique marketing program that will enable authorized Affiliates and Ambassadors to earn recurring, residual, passive income on customers they introduce to the program.

Todd Poindexter, CEO of PlayLottoGlobal said, "We are pleased with the closing of our financing and are looking forward to our worldwide launch. I believe that with this funding PlayLottoGlobal will be able to achieve positive cash flow as we address the $57 billion* dollar online gambling market.

* The global online gambling market size was valued at USD 57 billion in 2021. It is estimated to reach USD 153 billion by 2030, growing at a CAGR of 11.7% during the forecast period (2022–2030). 9/8/2022 Source: Straits Research

About SMTM Global LLC d/b/a PlayLottoGlobal
SMTM d/b/a PlayLottoGlobal is a fully digitized online platform offering 20 of the largest global digital lotteries licensed in over 180 countries excluding the United States.

Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar

expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

SMTM Global LLC d/b/a PlayLottoGlobal Investor Relations:
Columbia Marketing Group
John Columbia
Phone: 646-494-7520

Shayna Moreno
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