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Sports.com Studios Launches in Mexico
Globenewswire· 2025-09-18 16:00
Core Viewpoint - SEGG Media Corporation has launched Sports.com Studios in Mexico, aiming to enhance engagement and support its operations in the LATAM region [1][3] Group 1: Company Initiatives - Sports.com Studios is established as SEGG Media's content engine to produce scalable and locally relevant sports programming [2] - The first major project from Sports.com Studios, "Maximo Futbol," will premiere on September 30, targeting the Mexican market but with global distribution [2] - The series will feature prominent Mexican athletes and is backed by major sponsors like Samsung, Wilson, and JAC [2] Group 2: Strategic Importance - The launch of Sports.com Studios is seen as a pivotal moment in SEGG Media's strategy, showcasing the strength of its ecosystem that combines lottery operations and content generation [3] - The company aims to leverage the fast-growing LATAM market for digital lottery and sports entertainment to enhance its global expansion and revenue opportunities [3] Group 3: Market Positioning - SEGG Media is focused on immersive fan engagement, ethical gaming, and AI-driven live experiences, positioning itself to redefine audience interaction with content [4]
SEGG Media Appoints Concert Industry Veteran Simon Lewis to Concerts.com and TicketStub.com Leadership Team
Globenewswire· 2025-09-17 12:30
Industry Momentum Builds as SEGG Media Expands Leadership Amid StubHub IPO BuzzFORT WORTH, Texas, Sept. 17, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (the “Company” or “SEGG Media”), a global sports, entertainment, and gaming group, today announced the appointment of renowned music and concert executive and former President of Live Nation Europe Simon Lewis to a full-time senior consultancy role overseeing the strategic development and commercial rollout of Concerts.com and Ticke ...
SEGG Media backed Veloce Media Group boasts strong quarter with blue-chip partnerships for newly acquired Quadrant
Globenewswire· 2025-08-28 13:15
Core Viewpoint - SEGG Media Corporation is experiencing positive growth following its strategic investment in Veloce Media Group and Veloce's acquisition of Quadrant, which is enhancing its portfolio in sports, gaming, and digital media [3][4][6]. Group 1: Company Growth and Strategy - SEGG Media's investment in Veloce has led to significant growth across competitive operations, digital media platforms, and immersive content divisions [4][6]. - Quadrant, co-founded by Formula 1 driver Lando Norris, has secured landmark partnerships with major companies such as Electronic Arts, T-Mobile, Lego, NordVPN, Revolut, and Swarovski, indicating its rapid growth and strong market positioning [5][6]. - Veloce reported £12.8 million ($17.5 million) in revenue for the financial year ending June 2024, representing a 153% increase compared to the previous year, driven by the Quadrant acquisition and an expanding portfolio [8]. Group 2: Future Prospects - The new global partnerships secured by Quadrant are expected to be a significant driver of future revenues for SEGG Media [6]. - SEGG Media has a call option to acquire a 51% majority stake in Veloce, solidifying its commitment to being at the forefront of next-generation sport and entertainment [9]. - Veloce operates the world's largest racing and gaming media network, generating over 750 million monthly digital views and engaging a rapidly growing Gen-Z and millennial audience [7].
SEGG Media-Backed Drivers Return to Historic Milwaukee Mile for Penultimate Weekend of the 2025 IndyCar Season
Globenewswire· 2025-08-21 13:30
Core Insights - SEGG Media Corporation is actively involved in the 2025 NTT INDYCAR and INDY NXT by Firestone seasons, supporting three drivers competing at the Milwaukee Mile [1][2] Group 1: Driver Highlights - Louis Foster, the 2024 INDY NXT champion, returns to Milwaukee leading the INDYCAR Rookie of the Year standings by six points, driving for Rahal Letterman Lanigan Racing [3][5] - Callum Ilott enters Milwaukee with momentum from consecutive top-six finishes, marking a career-best for him and PREMA Racing in their first INDYCAR season [5][6] - Seb Murray is making his debut at Milwaukee in Indy NXT, having shown impressive performance during preseason testing [8] Group 2: Branding and Visibility - All three drivers will prominently display SEGG Media's brands, Lottery.com and Sports.com, on their cars and helmets, ensuring maximum visibility during the races [4][6][8] - The branding will be featured across various positions on the cars, including rear wings and front wings, as well as on racewear, enhancing SEGG Media's presence in the racing events [11] Group 3: Event Schedule - The race weekend is scheduled for August 23 and 24, with the main race taking place at 2:00 p.m. ET on August 24, broadcasted on FOX and Sky Sports F1 [9][11] Group 4: Company Overview - SEGG Media Corporation operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, focusing on immersive fan engagement and ethical gaming [10]
IBN Announces Latest Episode of The GotStocks Podcast featuring Matthew McGahan, CEO of SEGG Media Corp.
GlobeNewswire News Room· 2025-08-18 12:00
Company Overview - SEGG Media Corp. (NASDAQ: SEGG) is a technology company focused on the intersection of sports, entertainment, and gaming, operating under a portfolio that includes Sports.com, Concerts.com, and Lottery.com [2][8] - The company is committed to redefining digital fan engagement and ethical gaming through AI-driven live experiences [8] Leadership Insights - Matthew McGahan, President and CEO of SEGG Media, discussed the company's transformation since his involvement in October 2022, emphasizing a turnaround strategy that has repositioned Lottery.com within a broader tech-driven gaming framework [3][4] - McGahan highlighted an aggressive buy-and-build strategy aimed at expanding the value of SEGG Media's core brands, with a focus on identifying businesses that align with their verticals [5] Future Strategy - The company is poised for significant growth, with McGahan expressing confidence in the execution of their long-term vision and the importance of the next six months for upcoming acquisitions and announcements [6][5] - SEGG Media aims to transition from recovery to high-impact execution, indicating a shift in focus towards operational effectiveness and market expansion [6][5]
Callum Ilott Delivers Extraordinary Comeback as SEGG Media Brands Shine at Portland
Globenewswire· 2025-08-11 13:30
Core Insights - SEGG Media Corporation's brands, Lottery.com and Sports.com, gained significant visibility during the NTT INDYCAR and INDY NXT events, showcasing strong performances from SEGG Media-backed drivers [3][11]. Performance Highlights - Callum Ilott achieved a remarkable performance, finishing P6 after starting from P24, marking his career-best result and PREMA's fourth consecutive top-10 finish [4][5]. - Louis Foster, despite facing early setbacks, finished P13 and maintained his lead in the 2025 INDYCAR Series Rookie of the Year standings [7][8]. - Seb Murray, in his Portland debut, finished P16 after being involved in an early incident, gaining valuable experience ahead of the final races [9][10]. Branding and Visibility - Ilott's helmet prominently featured the Lottery.com logo, enhancing brand visibility during the race [6]. - Foster's car displayed Sports.com branding on key areas, contributing to high-visibility moments throughout the event [8][13]. - Murray's vehicle showcased both Lottery.com and Sports.com branding, ensuring comprehensive representation for SEGG Media in the Indy NXT paddock [10][13]. Company Overview - SEGG Media Corporation operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, focusing on immersive fan engagement and ethical gaming [11].
Lottery.com Relaunches in Mexico with Projected $5.2M Revenue as SEGG Media Puts Focus on International Gaming Operations
Globenewswire· 2025-08-01 14:00
Core Viewpoint - SEGG Media Corporation is relaunching its Aganar operations in Mexico, marking a significant step in its Latin America expansion strategy, leveraging its license to sell lottery draw games from the Mexican National Lottery [1][2][4] Company Strategy - Aganar has been a licensed online retailer of the Mexican National Lottery since 2007, and the relaunch aims to enhance revenue generation in Mexico as part of a broader LATAM gaming strategy, projecting $5.2 million in revenue with an 18% annual growth rate [2][3] - The relaunch is supported by $450 million in financing from Generating Alpha Ltd. and United Capital Investments London Ltd., which will be used to restart lottery operations in the U.S., bolster the sweepstakes and digital gaming business, and expand gaming operations internationally [3][9] Market Context - The Mexican lottery market generated $10 billion in revenue in 2024, with a steady growth rate of 4.2% CAGR, expected to reach $12.9 billion by 2030, with draw-based lottery games being the largest revenue segment [3] - The LATAM online lottery market is growing at a 13.6% CAGR, positioning the company to create substantial value through digital innovation and sports lottery expansion [3]
Sports.com and Lottery.com Head to Toronto as Callum Ilott and Louis Foster Prepare for Final Street Battle of 2025
Globenewswire· 2025-07-18 13:30
Core Insights - SEGG Media Corporation is actively participating in the 2025 Ontario Honda Dealers Indy Toronto, showcasing its flagship brands Sports.com and Lottery.com through drivers Callum Ilott and Louis Foster [3][4] - The Toronto race is noted for its challenging layout, which includes an 11-turn, 2.874 km circuit that requires high levels of focus and strategy [4] - The company has recently made significant strategic advancements, including the acquisition of Veloce and Quadrant, and a partnership with the Kerala Super League, marking a milestone week for SEGG Media [8] Company Activities - SEGG Media is leveraging the IndyCar platform for brand engagement, with on-car branding and global broadcast coverage to enhance visibility [8][9] - Marc Bircham, Director of Sports.com, will be present at the Toronto race, emphasizing the company's commitment to building a strategic presence in the motorsport sector [7] - The company aims to use the Toronto race as a catalyst for future initiatives in 2026, focusing on performance and development [8] Driver Performance - Louis Foster is coming off a strong performance at Iowa, maintaining a consistent qualifying average of 12.5 in a competitive field [5][6] - Callum Ilott is looking to improve his previous best finish in Toronto, indicating a focus on achieving breakthrough results [6] Event Details - The race weekend includes multiple practice sessions, qualifying, and the main race, with specific attention to strategy factors such as limited overtaking and fuel-saving [9]
SEGG Media Shares Additional Details on Strategic Investment into Veloce Media Group
Globenewswire· 2025-07-17 13:30
Core Insights - SEGG Media Corporation is expanding its portfolio through a significant investment in Veloce Media Group and the acquisition of Quadrant, marking a pivotal moment in its growth strategy [1][4] Investment Details - SEGG Media has entered a Subscription Agreement for $7.59 million, which will result in a 12.4% ownership stake in Veloce Media [4] - The initial tranche of the investment funded the acquisition of Quadrant, with a Call Option Agreement allowing SEGG Media to increase its stake to 51% in Veloce [4] Quadrant Acquisition - Veloce Media Group acquired majority control of Quadrant, a motorsport and apparel brand co-founded by Formula 1 driver Lando Norris, enhancing its digital presence [2] - Lando Norris retains over 20% equity in Quadrant and has reinvested in Veloce, indicating strong confidence in the venture [2] Shareholder Composition - Quadrant's cap table includes notable shareholders such as McLaren Racing CEO Zak Brown and other prominent investors like Animoca Brands and Adrian Newey [3] Leadership Perspectives - SEGG Media's leadership emphasizes the strategic alignment of talent and digital scale to create a dominant motorsport-media platform [5] - Veloce's leadership highlights the validation of their digital-first approach through the acquisition and SEGG Media's investment [5] Market Position and Performance - Veloce reported $17.5 million in revenue and $1.14 million in EBITDA for the fiscal year ending June 2024, indicating strong financial performance [11] - The company has a substantial digital reach with 55 million subscribers and 750 million monthly views, enhancing its commercial leverage [11]
Triple Threat: Sports.com and Lottery.com Drivers Ready to Dominate Iowa Speedway
Globenewswire· 2025-07-11 16:00
Core Insights - SEGG Media Corporation is set to participate in a high-stakes doubleheader weekend at Iowa Speedway, featuring both the NTT INDYCAR Series and INDY NXT, showcasing the company's involvement in sports and entertainment [1][7] Company Overview - SEGG Media Corporation (NASDAQ: SEGG, LTRYW) is a leading technology company focused on transforming the intersection of sports, entertainment, and gaming, operating digital assets like Sports.com and Lottery.com [1][7] - The company emphasizes immersive fan engagement, ethical gaming, and AI-driven live experiences, aiming to redefine audience interaction with content [7] Event Details - The Iowa Speedway, known as the "Fastest Short Track on the Planet," will host INDYCAR's only doubleheader of the season, with races taking place on a 0.875-mile tri-oval track [1][7] - The weekend schedule includes free practice on July 11, INDYCAR qualifying on July 12, and two races on July 13, with live broadcasts available on NBC, Peacock, and Sky Sports [6][7] Team Performance - PREMA Racing is optimistic about its performance after recent testing at Iowa, with drivers Callum Ilott and Robert Shwartzman prepared for the challenges of the oval track [2][3] - Andretti Global is coming off a successful weekend, celebrating its 300th win, and has a strong historical performance at Iowa with 10 victories and 26 podiums across its programs [3][4]