Federal Court Dismisses All of Remaining Claims Against SEGG Media

Core Viewpoint - SEGG Media Corporation, formerly known as Lottery.com Inc., has successfully had remaining claims in a legacy litigation dismissed by the U.S. District Court for the Middle District of Florida, allowing the company to focus on its business strategy and growth initiatives [1][2][3]. Legal Developments - The Court granted the Company's renewed motion to dismiss for lack of subject matter jurisdiction and declined to exercise supplemental jurisdiction over the remaining state-law counterclaims, leading to the closure of the case [2][3]. - This ruling follows the prior dismissal of all federal claims in the action, resulting in the Court lacking jurisdiction to adjudicate the remaining state-law claims, which were dismissed without prejudice [3]. Management Response - SEGG Media's Chief Operating Officer expressed satisfaction with the Court's decision, indicating alignment with established jurisdictional principles [4]. - The Company views this ruling as a procedural resolution that allows the new management team to concentrate on executing its business strategy and enhancing core business assets [5]. Business Focus - SEGG Media is committed to driving revenue growth, completing strategically-targeted acquisitions, and creating long-term shareholder value through its digital assets, including Sports.com, Concerts.com, TicketStub.com, and Lottery.com [5][6].