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SEGG Media Accelerates Audience Growth Past 14.5 Million Views and Launches the Sports.com App with Live Streaming Capabilities
Globenewswire· 2025-10-27 15:00
Core Insights - SEGG Media Corporation has officially launched the Sports.com App, enhancing its global sports-growth strategy and providing fans with access to live and on-demand sports content in emerging markets [2][3] 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 AI-driven live experiences [7] App Features and Launch - The Sports.com App consolidates SEGG Media's sports portfolio into a user-friendly platform offering live streams, highlights, and interactive features, aimed at increasing engagement and monetization [3] - The app will allow fans to stream live matches, starting with the Super League Kerala match on October 28, featuring Malappuram FC vs Thiruvananthapuram Kombans FC [4] Audience Engagement - The launch follows a significant increase in audience engagement, with over 4.5 million new streams recorded during a recent match, bringing total reach and interactions to over 14.5 million [5] - The CEO of Sports.com Media highlighted the rapid growth of mobile-first sports audiences and the app's role in connecting fans, leagues, and partners in real time [6] Future Plans - SEGG Media plans to onboard additional leagues and regional properties through 2026, aiming to strengthen its position in the digital sports entertainment sector [6]
SEGG Media Accelerates Audience Growth Past 14.5 Million Views and Launches the Sports.com App with Live Streaming Capabilities
Globenewswire· 2025-10-27 15:00
Core Insights - SEGG Media Corporation has launched the Sports.com App, enhancing its global sports-growth strategy and providing fans with access to live and on-demand sports content in emerging markets [4][5] - The app consolidates SEGG Media's sports portfolio, offering features such as live streams, highlights, and interactive elements, aimed at increasing fan engagement and monetization [5][9] - The launch follows a significant increase in audience engagement, with a recent Super League Kerala match attracting over 4.5 million new streams, contributing to a total reach of over 14.5 million interactions [7][8] Company Strategy - The Sports.com App is part of SEGG Media's strategy to create a unified ecosystem that connects fans, leagues, and partners in real time, capitalizing on the rapid growth of mobile-first sports audiences [8][9] - The company plans to onboard additional leagues and regional properties through 2026, positioning itself as a leading player in digital sports entertainment [9] Market Engagement - The app's launch is expected to drive community-driven growth and enhance data capture, translating into commercial value for the company [9] - The immediate availability of live streaming for upcoming matches, such as the Super League Kerala match, demonstrates the app's functionality and appeal to sports fans [6]
Northland, Mizuho Cut DraftKings (DKNG) PT Amid Rising Competitive Threat from Prediction Markets
Yahoo Finance· 2025-10-17 15:21
Group 1: Company Overview - DraftKings Inc. operates as a digital sports entertainment and gaming company, providing online sports betting, daily fantasy sports, media, digital lottery courier, and retail sportsbooks [3] Group 2: Analyst Ratings and Price Targets - Northland lowered the price target on DraftKings to $30 from $33, maintaining an Underperform rating, citing competitive threats from prediction markets [1] - Mizuho reduced the price target to $54 from $58 while keeping an Outperform rating, indicating a need for lower estimates in the near and medium term [2] Group 3: Competitive Landscape - Significant funding rounds for competitors Kalshi and Polymarket indicate a growing competitive threat to sports betting companies, with Kalshi raising $300 million and Polymarket securing a $2 billion investment [1]
DraftKings Teams Up with The Larry Fitzgerald Foundation, Turning Picks into Breast Cancer Awareness and Support
Globenewswire· 2025-10-01 12:00
Core Points - DraftKings Inc. is collaborating with The Larry Fitzgerald Foundation for the Pink 'Em campaign, aiming to raise $100,000 for breast cancer awareness this October [1][2] - The Pink 'Em campaign has raised over $600,000 since its inception seven years ago, utilizing free-to-play pick 'em pools during NFL games [1][2] - The campaign will run from Weeks 5 to 8 of the NFL season, with DraftKings donating $1 per entry for the first 20,000 free entries each week to support breast cancer health services [2][3] Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company founded in 2012, headquartered in Boston, offering products in daily fantasy, regulated gaming, and digital media [4] - The company operates in 28 states and Washington, D.C., with mobile and retail sports betting, and has iGaming operations in five states and Ontario, Canada [4] - DraftKings is an official partner of major sports leagues including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB, and also owns Jackpocket, a leading digital lottery courier app [4]