Online Lottery & Gaming

Lottery.com

R&M supported Lottery.com with ASC 606 revenue recognition analysis, ASC 805 acquisition accounting, convertible debt analysis under ASC 470 / 815, and ongoing audit readiness and SEC reporting services.

Industry Online Lottery & Gaming
Market Public (Distressed)
Location Austin, TX
Focus ASC 606, ASC 805, Convertible Debt

Engagement summary

Client Background

Lottery.com is a publicly traded mobile lottery and sweepstakes platform that engaged R&M through a period of rapid growth and capital-structure complexity.

Engagement Scope

R&M supported Lottery.com with ASC 606 revenue recognition analysis, ASC 805 acquisition accounting, convertible debt analysis under ASC 470 / 815, and ongoing audit readiness and SEC reporting services.

Services Provided

  • ASC 606 revenue recognition analysis
  • ASC 805 acquisition accounting
  • Convertible debt analysis under ASC 470 / 815
  • Audit readiness and SEC reporting
  • Special-project technical consulting

Focus areas

ASC 606 ASC 805 Convertible Debt