FORT WORTH, Texas, Aug. 29, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a sports, entertainment and gaming conglomerate that owns Sports.com, Concerts.com, and Lottery.com, today announced the launch of its newly redesigned corporate website, seggmediacorp.com, a dynamic digital hub that signals the completion of the Company’s turnaround and the beginning of its next phase of aggressive growth. The new site highlights SEGG Media’s evolution into a c ...

Core Insights - SEGG Media Corporation is expanding its international operations by launching two new business enterprises: SEGG Digital and SEGG Productions, aimed at accelerating audience growth and unlocking new revenue streams [1][7] SEGG Digital - SEGG Digital will act as the global marketing arm, focusing on influencer marketing, social media strategies, and digital activations across its flagship properties [2] - The operations will be led by Charlie Davis, who has a proven track record with over 1.5 billion monthly views through his previous agency [3] - The goal is to drive fan engagement and maximize monetization opportunities by building engaged communities across diverse demographics [2][3] SEGG Productions - SEGG Productions will focus on original storytelling across music, lifestyle, and entertainment, producing docuseries, films, and short-form video content [4] - Tamer Hassan will lead this division, emphasizing the need for authentic and culturally relevant stories to connect with diverse audiences [5] - The first major production, "SAS Unscripted," is already in progress, showcasing international teams in Special Forces-style challenges [5][6] Strategic Integration - Tim Scoffham, appointed CEO of SEGG Digital, highlighted the importance of integrating these new operations to strengthen audience relationships and create sustainable revenue streams [7] - Both enterprises will be headquartered in Dubai, leveraging SEGG Media's acquisition of Nook to enhance operational synergy and access high-growth markets [7]

Core Insights - SEGG Media Corporation is entering a new phase characterized by a strengthened capital structure and a strategic roadmap for acquisitions and global brand expansion [1][2] - The company is poised for sustainable revenue growth and plans to complete several target acquisitions in the next two fiscal quarters to enhance market penetration and revenue recognition [2][4] - SEGG Media has secured $450 million in committed financing to support its acquisition pipeline and partnerships aimed at expanding its presence in sports, live entertainment, iGaming, and digital media [2][8] Company Strategy - The company is adopting an offensive growth strategy to rapidly gain market share, contrasting with peers that restructure defensively [4] - SEGG Media is focused on immersive fan engagement, ethical gaming, and AI-driven live experiences to redefine audience interaction with content [5][8] - The growth strategy emphasizes revenue generation, disciplined acquisitions, and innovative platforms to unlock long-term shareholder value [8] Leadership Perspective - The Chairman & CEO of SEGG Media expressed confidence in the company's transformation and its ability to deliver meaningful earnings results [3] - The leadership is committed to a user-first approach, aiming to produce immediate results while also focusing on long-term shareholder value [3]

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]

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]

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].

A Media Snippet accompanying this announcement is available by clicking on this link. Quadrant's Speedway drop will be available exclusively on July 31st and is expected to draw significant attention from fans of motorsport and streetwear. For investors and fans alike, it's more than fashion – it's a signal of where Gen Z and millennial culture is headed, and SEGG Media is leading the charge. About Veloce Media Group Founded in 2018, Veloce Media Group is a multi-pillared gaming, motorsport, and lifestyle m ...

Core Insights - SEGG Media Corporation is enhancing its presence in the sports, entertainment, and gaming sectors through strategic partnerships and talent investments, as demonstrated by the recent performances of its sponsored drivers at the Java House Grand Prix of Monterey [1][7][8] Performance Highlights - Callum Ilott achieved a remarkable performance by moving from P24 to P6, marking PREMA Racing's best result in the NTT INDYCAR Series [2] - Louis Foster secured P7 in qualifying, showcasing his consistency as a rookie despite facing challenges during the race [3] - Sebastian Murray made a significant comeback, finishing P5 in INDY NXT after overcoming previous setbacks, which highlighted his resilience and skill [4][5][6] Brand Exposure and Strategy - The performances of the drivers resulted in substantial brand exposure for Sports.com and Lottery.com, reinforcing SEGG Media's strategy of leveraging talent for market visibility [6][7] - SEGG Media's recent acquisitions of Veloce and Quadrant, along with a partnership with the Kerala Super League, are aimed at expanding its global footprint in sports and entertainment [7] - The company emphasizes a long-term strategy focused on smart investments in talent and intellectual property, aiming to create value both on and off the track [8]

Core Insights - SEGG Media Corporation announced strong performance from its drivers at the 2025 Ontario Honda Dealers Indy Toronto, with Callum Ilott achieving a career-best finish of P8 and Louis Foster showcasing his qualifying prowess by securing P7 [2][3][4] Company Performance - Callum Ilott's performance marked the team's highest finish of the season, moving from 13th to 8th place during the race [2] - Louis Foster maintained an impressive qualifying average of 8.4 over the last five races, including a pole position at Road America [3] - Despite a setback due to a suspension issue, Foster's early race performance demonstrated his competitive edge [3] Strategic Developments - The weekend was significant for SEGG Media as it coincided with strategic meetings aimed at expanding the 2026 Young Drivers Academy [4] - The company confirmed acquisitions of Veloce and Quadrant, along with a broadcast partnership for the Kerala Super League, enhancing its market presence [4][5] Upcoming Events - The next race will take place at Laguna Seca, where Foster previously excelled in Indy NXT, indicating potential for continued success [5][6]

Core Insights - SEGG Media Corporation has entered a five-year commercial agreement with Super League Kerala (SLK), valued at over $11.6 million, marking its first official football league partnership in the Indian subcontinent [2][3] - The partnership positions SEGG Media and its Sports.com super app as the exclusive global commercial and broadcast partner for SLK, aiming to enhance audience reach and monetization strategies [3][6] Company Overview - SEGG Media is a technology company focused on transforming the intersection of sports, entertainment, and gaming, operating under NASDAQ: SEGG and LTRYW [2][11] - The company aims to redefine audience interaction with content through immersive fan engagement and AI-driven experiences [11] Partnership Details - The agreement includes exclusive international streaming rights, integrated gaming and fan engagement products, and global sponsorship rights, targeting the Keralite diaspora in various regions [7][6] - Season 1 of SLK attracted nearly 13 million viewers, with Season 2 targeting a 25% increase in audience reach through Sports.com's streaming platform [3][10] Strategic Importance - The partnership is seen as a validation of the Sports.com strategy, providing a high-growth product in a region with a strong football culture [4][5] - The deal allows for a tiered subscription model, enabling fans to engage with SLK matches in multiple languages and access real-time stats and on-demand replays [6][10]