Additional information on the transaction will be available on the Company's Form 8-K which will be filed on or before August 5, 2025. The Company's public filings can be found at SEC.gov or investors.seggmediacorp.com. FORT WORTH, Texas, July 31, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) ("SEGG Media" or the "Company"), a leading technology company owning Sports.com, Concerts.com, and Lottery.com, today announced it has completed a $10 million acquisition of the technology asset ...

25% YOY Growth in Impressions Served Through Magnite's SpringServe Video Platform About Main Street Sports Group Main Street Sports Group owns FanDuel Sports Network, the nation's leading multiplatform provider of local sports, offering fans widescale availability and optionality to view their local teams. FanDuel Sports Network serves as the local media partner and home to select MLB, NHL and NBA teams and produces over 3,000 live sports events year-round. Main Street Sports Group harnesses its powerful pa ...

Core Viewpoint - SEGG Media Corporation is showcasing its drivers at the Java House Grand Prix of Monterey, emphasizing its commitment to developing talent in motorsport and enhancing its brand presence in the industry [3][4][10]. Group 1: Driver Performance - Louis Foster has established himself as a consistent qualifier in the IndyCar series, with an average starting position of 8.4 over the last five races, including a pole position at Road America [5][6]. - Callum Ilott is returning to Laguna Seca, where he achieved his career-best finish of P5 in 2023, and is expected to be a strong contender for a top-10 finish this weekend [7][8]. - Sebastian Murray is making his return to racing after being medically cleared, showcasing resilience following a high-speed crash, and is eager to compete at Laguna Seca [8][9]. Group 2: Company Strategy and Vision - SEGG Media is holding strategic meetings with racing teams as part of its Young Drivers Academy Program, aiming to become a leading incubator for elite racing talent in INDYCAR and international series [9]. - The company is focused on immersive fan engagement and ethical gaming, redefining audience interaction with sports and entertainment content [11]. Group 3: Event Details - The race weekend at WeatherTech Raceway Laguna Seca includes practice sessions on July 25, qualifying on July 26, and races on July 27 [14].

Potential Deal & Implications - The NFL is in advanced talks to buy a 10% minority stake in ESPN, a moving target that could change [2] - In return, ESPN could take control of NFL Network and NFL Red Zone [1][2] - The deal could involve a combination of equity and cash, as ESPN needs cash for sports rights acquisitions [3] - If the NFL owns a stake in ESPN, ESPN may have more comfort in future sports rights bidding [5][6] - Other media companies could be superficial losers due to the potential impact on future bidding dynamics [14] NFL's Perspective - The NFL has been seeking a buyer for its NFL media assets for years [8] - The NFL did not want to run these NFL media assets anymore [8] - The NFL has an opt-out clause in its media rights deal after the 2029 season [9] - The NFL would likely sell out the 10% stake in ESPN if there was one bid for all the games [16] Media Landscape - NBC is reportedly building a sports channel to simulcast games already on Peacock [18][20] - This new channel aims to retain cable bundle subscribers and offer access to games without requiring a Peacock subscription [20][21]

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]

Core Viewpoint - SEGG Media Corporation has entered a five-year commercial agreement with Super League Kerala, valued at over $11.6 million, marking its first official football league partnership in the Indian subcontinent [3][4]. Group 1: Partnership Details - The agreement establishes SEGG Media and its Sports.com super app as the exclusive global commercial and broadcast partner for SLK [4]. - 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 [4][9]. - The partnership will enable a tiered subscription model through Sports.com, allowing fans to engage with SLK matches in multiple languages and access real-time stats, fantasy integration, and on-demand replays [7]. Group 2: Strategic Importance - The partnership is seen as a validation of the Sports.com strategy, providing a high-growth product to launch the app in a market with a strong football culture [5]. - SEGG Media aims to leverage this partnership to expand its presence across India, Asia, and MENA, targeting the Keralite diaspora globally [12]. - The deal includes commercial inventory for local and global sponsors, creating a scalable advertising engine tied to viewership growth [7]. Group 3: Company Background - SEGG Media Corporation operates a portfolio of digital assets, including Sports.com and Lottery.com, focusing on immersive fan engagement and ethical gaming [10]. - The Super League Kerala is designed to elevate the football culture of Kerala, aiming to create a professional football ecosystem and inspire the next generation of footballers [8][9].

Core Viewpoint - Lottery.com Inc. has rebranded as SEGG Media Corporation, marking a significant corporate transformation and signaling a new era of growth in sports, media, and ethical gaming [3][4] Group 1: Corporate Transformation - The rebranding represents a definitive closure of legacy issues and positions SEGG Media for future growth [4] - SEGG Media is now structured to operate as a global sports and entertainment conglomerate [4] Group 2: Strategic Architecture - SEGG Media operates through three synergistic verticals: Sports, Entertainment, and Lottery, designed for global expansion and long-term shareholder value [5][10] - The company aims to create a fan-first business model that integrates immersive media and technology-driven experiences [6] Group 3: Content and Engagement - SEGG Media plans to redefine audience connections through original content, influencer campaigns, and innovative storytelling [7] - The company will focus on acquiring and revitalizing trophy assets, such as sports clubs and race teams, to unlock their value [7] Group 4: Financial Strategy - The company has stabilized its operations and balance sheet, appointed world-class leadership, and secured a $300 million equity line of credit [11] - Future plans include revenue-focused execution, responsible credit use, and strategic acquisitions to enhance market capitalization [15] Group 5: Future Outlook - SEGG Media is poised for major updates and aims to compete with larger entities by leveraging technology and ethical values [12]

Core Viewpoint - Lottery.com is advancing its global expansion with the launch of the Sports.com Super App, a unique digital platform for sports fans that integrates live streaming, social engagement, e-commerce, and gamification [1][3] Group 1: Super App Features and Strategy - The Super App will launch in select global markets in Q3 2025, initially focusing on soccer and motorsport, supported by high-profile sponsorships and strategic initiatives [2] - The app will integrate six primary features: live streaming, community chat hubs, stats-based social media, e-commerce, real-money and fantasy sports gaming, and sports news, aiming to engage fans for 4-5 hours beyond match time each week [3][4] - The acquisition of GXR's sports and technology assets is a strategic move to consolidate fragmented sports experiences and enhance media expansion [3][5] Group 2: Financial Aspects and Investments - Lottery.com has signed a Letter of Intent to acquire a 51% controlling interest in GXR's assets, valuing the transaction at $10 million pre-money, with an initial investment of $5.1 million [5][6] - A $15 million financing commitment has been pledged by Lottery.com to support the expansion of the Sports.com Super App [5] Group 3: Market Impact and Future Outlook - The collaboration between Lottery.com and GXR aims to create the world's first true sports super app, allowing fans to control their entire live event experience [7] - The agreement includes a call option for Lottery.com to acquire 100% ownership of the new entity by the end of 2027, indicating long-term growth potential [6]

Core Insights - Lottery.com Inc. has appointed Tamer Hassan as President of Sports.com Studios, a new content division focused on sports-related films and programming [1][3][4] - Hassan has over 25 years of experience in international film and television, known for roles in notable productions [2] - The new division aims to develop and distribute compelling sports-focused content, marking a significant step in Sports.com's expansion into entertainment media [3][5] Company Developments - Tamer Hassan's leadership is expected to enhance the creative and strategic direction of Sports.com Studios [3][4] - The division is currently in pre-production on several projects, including a documentary series about a major British football club [4] - The initiative reflects the company's strategy to blend sports, cinema, and storytelling, aiming to inspire global audiences [5] Leadership Statements - Matthew McGahan, Chairman & CEO, praised Hassan's unique qualifications and connection to sports, emphasizing the potential for powerful content creation [4] - Hassan expressed enthusiasm for merging the worlds of sport and film to create authentic narratives for fans [5]

Summary of Lottery.com Conference Call Company Overview - **Company Name**: Lottery.com - **Stock Symbol**: LTRY - **Market Cap**: Approximately $40 million [1] - **Listing History**: Listed on Nasdaq in October 2021 with a peak valuation of over $900 million [5] Core Points and Arguments Turnaround Strategy - The company is undergoing a significant turnaround led by a new management team appointed over the last couple of years [4] - The management has restructured the C-suite and developed two new business models for Lottery.com and Sports.com [6] - The company was delisted from Nasdaq in May 2023 and is focused on regaining compliance [6] Financial Restructuring - The management has addressed financial filings, restructured debt, and worked with auditors and regulatory bodies [7] - Successfully secured $250 million in financing to support the restructuring and new business models [8] Recent Developments - Engaged in brand-building activities, including sponsorships in motorsports and partnerships with Concerts.com [9][10] - Launched sports.com studios for original content production [10] - Acquired a lottery and sweepstakes platform to support international expansion [11] Future Plans - Plans to scale Lottery.com internationally and monetize Sports.com through media events and strategic acquisitions [12] - Focus on building brand awareness and enhancing technology for lottery ticket purchases [19] - Aiming to rejuvenate the Lottery brand domestically while expanding internationally [18] Legal and Regulatory Challenges - The company faces complex legal hurdles in reinstating operations in various states due to individual state regulations [26] - Identifying states for operation and working on legal roadmaps for international expansion [28] Technology Integration - Plans to leverage blockchain and NFT technology as part of their tech strategy [33] - Emphasis on using advanced technology for live streaming events and enhancing user engagement [21] Shareholder Value Enhancement - The management aims to create shareholder value by operationalizing the business quickly and generating cash flow [39] - Focus on efficient operations without excessive overhead costs [44] Market Activity - The stock has experienced significant volatility, indicating increased interest and engagement with the brand [45] Additional Insights - The management acknowledges legacy issues from previous operations but believes in the strength of the Lottery.com brand to overcome these challenges [30] - The company is committed to a bolt-on acquisition strategy to enhance its business model without unnecessary expansion [44]