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SEGG Media Expands Executive Team With Appointment of Simon Lewis to Lead Concerts.com and Company’s Entertainment Portfolio Strategy
Globenewswire· 2026-02-05 13:37
Core Insights - Simon Lewis has been appointed as Executive Vice President of Entertainment for SEGG Media and CEO of DotCom Ventures, focusing on the commercial execution of Concerts.com and TicketStub.com [1][2] Company Overview - SEGG Media is a global sports, entertainment, and gaming group operating digital assets including Sports.com, Concerts.com, TicketStub.com, and Lottery.com, emphasizing immersive fan engagement and AI-driven live experiences [6] Leadership and Strategy - Lewis, previously President of Live Nation Europe, brings extensive experience in scaling live entertainment businesses and will oversee SEGG Media's live entertainment strategy and partnerships [3][4] - The Board of Directors aims to accelerate commercialization and disciplined platform launches under Lewis's leadership [2][4] Future Focus - Lewis expressed a commitment to implementing a valuable commercial future for the concert and ticketing sectors, emphasizing market position and diversified opportunities for fans and artists [5]
SEGG Media Updates 90-Day Plan, Targets February and March Acquisition Closings
Globenewswire· 2026-01-30 19:46
Veloce, Nook, and Ant Media Transactions Expected to Close in Q1FORT WORTH, Texas, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation (NASDAQ: SEGG, LTRYW) (the “Company” or “SEGG Media”), the global sports, entertainment, and gaming group, today provided an update on its previously announced 90-day execution plan, reaffirming its near-term focus on completing announced acquisitions, strengthening core operations, and allocating capital with discipline and accountability. As pa ...
Lottery.com Inc. Changes Corporate Name to Sports Entertainment Gaming Global Corporation
Globenewswire· 2026-01-27 17:19
Core Viewpoint - The company, formerly known as Lottery.com Inc., is rebranding to Sports Entertainment Gaming Global Corporation to reflect its strategic shift from a lottery-focused business to a diversified enterprise in sports, entertainment, and gaming sectors [1][2]. Group 1: Name Change and Strategic Shift - The name change has been approved by the Company's Board of Directors and will take effect upon acceptance by the Delaware Secretary of State [1][2]. - This transformation aims to advance a diversified portfolio of assets across various verticals, including sports and entertainment [2]. Group 2: Business Operations and Leadership - The company is focusing on increasing revenue and enhancing the value of its domain name assets, which include Sports.com, Concerts.com, TicketStub.com, and Lottery.com [3]. - The current leadership team has undergone significant changes since mid-2022, ensuring compliance with SEC regulations and distancing itself from past executive conduct [5]. Group 3: SEC Complaint and Company Response - A civil complaint has been filed by the SEC against former executives related to conduct from 2020 to mid-2022, but the current management was not involved in these actions [4][5]. - The company has cooperated fully with the SEC's investigation and is engaged in discussions regarding a potential settlement, believing the claims lack merit [5]. Group 4: Shareholder Engagement - The company has seen a significant increase in shareholder engagement, gaining over 3,600 new shareholders in the last 30 days, representing a 68% increase [6]. Group 5: Company Overview - SEGG Media is positioned as a global sports, entertainment, and gaming group that integrates traditional assets with blockchain innovation, focusing on immersive fan engagement and ethical gaming [7].
Lottery.com Inc. Announces Closing of Registered Direct Public Offering
Globenewswire· 2026-01-20 21:32
Core Viewpoint - SEGG Media Corporation has completed a registered direct offering of 2,449,857 shares of common stock, raising approximately $1,700,000 before fees and expenses, with the offering closing on January 20, 2026 [1] Group 1: Offering Details - The offering price was based on the average closing price for the five trading days prior to January 16, 2026 [1] - The net proceeds from the offering will primarily be used for general working capital and to advance previously announced acquisitions of profitable businesses [2] - Dawson James Securities, Inc. acted as the sole placement agent for the offering [2] Group 2: Financing Arrangements - The company has withdrawn from two previously disclosed financing arrangements, which is not expected to materially impact its liquidity or operations [6] - SEGG Media has agreed in principle to terminate a note and securities purchase agreement with Evergreen Capital Markets LLC, which included a $500,000 advance received in December [7] - The company has also terminated a $150 million loan agreement with United Capital Investments London Limited, which was amended in August 2023, with no significant equity issuances expected as a result [8] Group 3: Strategic Focus - The company remains focused on acquiring cash-generative businesses, including Veloce Media Group and Nook Holdings Ltd., while also developing revenue from existing assets like Sports.com and Lottery.com [9] - SEGG Media does not anticipate undertaking large financing transactions that would dilute existing shareholders or pursue acquisitions requiring significant ongoing cash [9] Group 4: Company Overview - SEGG Media Corporation is a global sports, entertainment, and gaming group that integrates traditional assets with blockchain innovation [10] - The company aims to build immersive fan engagement and ethical gaming through its portfolio of digital assets [10]
SEGG Media Exceeds 100 Million Views Across All Platforms as Global Sports & Entertainment Expansion Accelerates
Globenewswire· 2025-11-25 17:03
Core Insights - SEGG Media Corporation has surpassed 102 million views across all platforms, marking a significant milestone in its history and reflecting the momentum of its media ecosystem and creator network [1][5][6] Growth Drivers - The growth in views is attributed to increased interest in Racing Women and the Kerala Super League, alongside a rapidly expanding global social media presence [2][5] - SEGG Media's sponsorship of Racing Women and the Kerala Super League has significantly contributed to its international traction [5] Company Updates - SEGG Media is moving towards a 51% acquisition of Ant Media and Productions, which will enhance its premium content offerings for Sports.com Studios [3][4] - The announcement of Ant Middleton's SAS Trilogy for 2026 has garnered substantial media coverage globally, indicating strong interest in SEGG Media's content initiatives [3] Strategic Initiatives - The newly launched Sports.com Studios is focused on creating premium sports storytelling and digital programming, which is expected to further build audience engagement [6] - The global rollout of the Sports.com app is ongoing, aimed at enhancing user experience and engagement [6] Leadership Insights - The Chairman and CEO of SEGG Media emphasized that breaking the 102 million views milestone validates the company's transformation strategy and growth plans [6] - The CEO of Sports.com Media highlighted the unprecedented velocity of growth across various content channels, positioning Sports.com as a global destination [7]
SEGG Media’s Racing Women Make History at the Yas Marina Circuit with First-Ever Female Podium in 2025/26 Gulf Radical Cup
Globenewswire· 2025-11-03 14:00
Core Insights - SEGG Media Corporation celebrates a historic achievement as Jorden Dolischka becomes the first woman to stand on the Gulf Radical Cup podium at the Yas Marina Circuit, marking a significant milestone for women in motorsport [2][3]. Performance Highlights - Jorden Dolischka achieved the fastest lap of the day with a time of 1:58.0 and made a remarkable comeback in Sprint Race 1, finishing sixth after starting from the back due to an electrical issue. She secured third place in the second sprint, making history [4]. - Léna Galyó, in her second Radical event, faced technical challenges but managed to achieve two Top-10 finishes, showcasing her potential as a future contender [5]. Company Statements - Matthew McGahan, Chairman, President & CEO of SEGG Media, emphasized that the weekend was about talent rather than gender, highlighting that female racers can compete at the highest level when given equal opportunities [7]. - Graeme Glew, CEO of Racing Women, expressed pride in Dolischka and Galyó's performances, noting that Racing Women is becoming a symbol of opportunity and inclusion in motorsport. He also mentioned plans to expand Racing Women's global presence [8]. Audience Engagement - The event was streamed live on the Sports.com app and across Racing Women's social channels, attracting tens of thousands of viewers in the Middle East. SEGG Media's global footprint has surpassed 45 million cumulative live-stream views since its launch [8]. Company Overview - SEGG Media Corporation is a global sports, entertainment, and gaming group that integrates traditional assets with blockchain innovation, focusing on immersive fan engagement and ethical gaming [10].
Sports.com's First Weekend Streaming the Super League Kerala Delivers Strong Kickoff
Globenewswire· 2025-10-06 16:16
Core Insights - SEGG Media Corporation successfully streamed the opening weekend of the Super League Kerala on the Sports.com platform, showcasing significant audience engagement and three competitive matches [1][2][3] Weekend Match Results - The matches included: - Calicut FC vs Forca Kochi FC: 2-1 at EMS Stadium, Calicut with an attendance of 25,974 - Malappuram FC vs Thrissur Magic FC: 1-0 at Payyanad Stadium, Malappuram with an attendance of 14,236 - Thiruvananthapuram Kombans FC vs Kannur Warriors FC: 2-3 at Chandrasekharan Nair Stadium, Thiruvananthapuram with an attendance of 7,452 - Total digital viewers for the weekend reached 517,577 with an average watch time of 60 minutes [5] Audience Engagement and Strategy - Majed Al-Sorour, President of Sports.com, emphasized the strong demand for Sports.com's vision and plans for aggressive expansion in Saudi Arabia and the MENA region [2] - The partnership with the Super League Kerala is a key element of Sports.com's strategy to grow its audience in India and the Middle East [3] - Tim Scoffham, CEO of Sports.com Media, highlighted the importance of understanding the audience and enhancing fan value for long-term growth [2] Future Developments - The upcoming weekend will see the implementation of a user registration system on the Sports.com platform, allowing for monetization through sponsorships, advertising, and premium experiences [2]
Sports.com Live Streams Super League Kerala Season Opener: Calicut vs. Kochi
Globenewswire· 2025-10-02 18:58
Core Insights - SEGG Media Corporation successfully streamed the Super League Kerala match, where Calicut defeated Kochi 2-1 in front of over 30,000 fans, marking a significant event for Indian football and Sports.com [3][4][6] - The live streaming of the match attracted a large audience, indicating a strong demand for Indian football content globally and aligning with Sports.com's strategy to enhance its digital presence [5][6] Company Overview - SEGG Media Corporation operates as a global sports, entertainment, and gaming conglomerate, with a focus on immersive fan engagement and AI-driven live experiences [7] - The company manages a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, aiming to redefine audience interaction with content [7]
SEGG Media Highlighted with $20 Price Target in Noble Capital Markets Research Report
Globenewswire· 2025-09-15 13:30
Core Insights - SEGG Media Corporation has been valued at over $100 million, supported by an independent analysis from Noble Capital Markets, which initiated coverage with an Outperform rating and a $20 price target, indicating a valuation more than 4 times its current market capitalization [1][2]. Company Assets - The company's brand portfolio includes globally recognized assets such as Sports.com, Lottery.com, Concerts.com, and TicketStub.com, along with the Boca Raton Sports Complex, which are considered cornerstone assets for the valuation [2]. Growth Catalysts - SEGG Media's transformational acquisitions and investments, including Veloce Media, Quadrant, Nook, Sports.com Studios, and advanced technology platforms like Spektrum, are identified as key catalysts for accelerated valuation growth in the latter half of 2025 and beyond [3]. Leadership Commentary - Chairman and President Matthew McGahan emphasized that the independent analysis confirms the company's undervaluation relative to its assets and growth pipeline, highlighting the solid foundation created by Sports.com, Lottery.com, and Concerts.com, and the potential for significant upside in shareholder value as acquisitions are finalized [4]. Company Overview - SEGG Media Corporation operates a global portfolio in sports, entertainment, and gaming, focusing on digital assets and immersive fan engagement, ethical gaming, and AI-driven live experiences [5].
Døds Diving League and Sports.com Studios Announce Global Partnership
Globenewswire· 2025-09-10 16:05
Core Viewpoint - SEGG Media Corporation has announced a strategic global distribution partnership with the Døds Diving League, aiming to enhance the visibility and engagement of the extreme sport Døds through its media platforms [2][4]. Group 1: Partnership Details - The partnership designates Sports.com Studios as a global distribution partner for DDL events, ensuring that competitions and original content are delivered via the Sports.com media player [3]. - This collaboration aims to create fresh, short-form, high-energy content to attract younger audiences and set Sports.com apart from traditional media platforms [3][6]. Group 2: Audience Engagement - Døds Diving League has a significant portion of its TV audience under 30, with over 33% of viewers in this demographic, indicating strong traction among Gen Z and Millennials [4]. - The partnership will include interactive features, social media activations, and fan-driven content to engage new global audiences, particularly targeting younger fans [6]. Group 3: Commercial Opportunities - The collaboration is expected to unlock new sponsorship models, subscription products, and pay-per-view opportunities, aiming to scale Døds into a sustainable global sport [6][7]. - SEGG Media's broader mission is to build a global ecosystem for emerging sports and entertainment properties, enhancing audience access and sponsorship visibility [7]. Group 4: Company Background - SEGG Media Corporation operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, focusing on immersive fan engagement and innovative content delivery [8]. - Døds diving, known for its daring athleticism and creative expression, originated in Norway and is characterized by dramatic leaps into water from significant heights [8].