A Media Snippet accompanying this announcement is available by clicking on this link. PORTLAND, Ore., Aug. 11, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”)- brands Lottery.com and Sports.com were flying high and prominently displayed across the NTT INDYCAR and INDY NXT by Firestone paddocks this weekend as SEGG Media-backed drivers delivered strong performances in the final road course race of the 2025 season at the BitNile.com Grand Prix of Portland ...

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 is enhancing its presence in the sports, entertainment, and gaming sectors through strategic partnerships and talent investments [9][10] - The recent performances of drivers sponsored by SEGG Media, particularly in the Java House Grand Prix of Monterey, have provided significant brand exposure for Sports.com and Lottery.com [8][9] Company Performance - Callum Ilott achieved a remarkable P6 finish from P24 on the grid, marking PREMA Racing's best result in the NTT INDYCAR Series [4] - Louis Foster qualified P7 and demonstrated consistent performance despite an early race incident, reinforcing his status as a promising rookie [5] - Sebastian Murray made a strong comeback, finishing P5 in INDY NXT after overcoming previous setbacks, showcasing resilience and skill [6][8] Strategic Developments - 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 [9] - The company emphasizes a long-term strategy focused on talent investment and intellectual property, aiming to create value both on and off the track [10] Brand Exposure - The performances of the sponsored drivers have resulted in substantial media coverage, enhancing brand visibility for Sports.com and Lottery.com [8][9] - The CEO of SEGG Media highlighted the importance of these performances in delivering value to shareholders and partners [9]

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 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]

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]

Core Viewpoint - SEGG Media Corporation, formerly known as Lottery.com Inc., is undergoing a corporate transition that includes a CUSIP number change to enhance shareholder protection and market transparency while addressing concerns about illicit trading activities [1][2][3]. Group 1: Corporate Transition - The company has completed its corporate rebrand and is now trading under the ticker symbol 'SEGG' [2]. - The CUSIP change is part of a broader strategy to modernize SEGG's market identity and improve protections against negative trading practices, particularly short selling [2][3]. Group 2: Regulatory Actions - SEGG Media is collaborating with outside counsel to investigate potential illegal market activities, including naked short selling, to protect shareholder interests [3]. - The CUSIP change is seen as a protective measure in response to observed shorting patterns and potentially unlawful activities targeting the company's stock [3]. Group 3: Company Commitment - SEGG Media is committed to safeguarding shareholder value and pursuing an aggressive roadmap focused on acquisitions, innovation, and global expansion in the sports, entertainment, and gaming sectors [3]. Group 4: Company Overview - SEGG Media operates a portfolio of digital assets, including Sports.com and Lottery.com, and is focused on immersive fan engagement, ethical gaming, and AI-driven live experiences [5].

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]

Core Insights - SEGG Media Corporation has signed a binding Letter of Intent to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL, valued at $14 million, marking the brand's entry into the U.S. market [2][3] Company Overview - SEGG Media is a technology company focused on the intersection of sports, entertainment, and gaming, operating under the NASDAQ ticker SEGG [2][11] - David Lloyd is a prominent figure in British and European sports, known for founding David Lloyd Leisure, which operates 130 health and fitness clubs serving over 710,000 members [4][12] Facility Details - The All-Sports Arena will be a 100,000 square-foot facility in Boca Raton, designed to combine sports infrastructure with co-working and business amenities, branded as "Sports.com All-Sports Arena, designed by David Lloyd" [3][8] - Key features of the facility include indoor padel, basketball, and pickleball courts, climbing walls, AI-driven golf simulators, and a luxury co-working space of approximately 10,000 square feet [8][10] Financial Projections - The Boca facility is projected to generate over $6 million in EBITDA in its first year of operations, with plans for additional facilities to be developed [10] Strategic Expansion - The Boca Raton launch is part of a broader international rollout strategy, with plans for expansion across major U.S. cities and the Middle East, leveraging Sports.com's digital audience and David Lloyd's operational expertise [7][9]

Core Viewpoint - SEGG Media Corporation has signed a binding Letter of Intent to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL, valued at $14 million, marking the entry of the David Lloyd brand into the U.S. market [3][4] Company Overview - SEGG Media Corporation operates in the sports, entertainment, and gaming sectors, focusing on immersive fan engagement and AI-driven experiences [11] - David Lloyd is a prominent figure in global sport and fitness, known for founding David Lloyd Leisure, which operates 130 premium health and fitness clubs [6][12] Strategic Partnership - The LOI was signed during Wimbledon, symbolizing a significant partnership between SEGG Media and David Lloyd, aimed at creating a unique sports and business ecosystem [4][7] - The Boca Raton facility will be branded as "Sports.com All-Sports Arena, designed by David Lloyd," featuring a blend of sports infrastructure and business amenities [4][9] Facility Features - The arena will span 100,000 square feet and include indoor padel, basketball, and pickleball courts, climbing walls, AI-driven golf simulators, and a luxury co-working space [4][15] - The facility is projected to generate over $6 million in EBITDA in its first year of operations [10] Expansion Plans - This launch is part of a broader international rollout strategy, with plans for additional facilities across major U.S. cities and the Middle East [8][9]