FORT WORTH, Texas, Dec. 23, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (the “Company” or “SEGG Media”), the global sports, entertainment, and gaming group, today announces the outstanding success of its partnership with Super League Kerala, the professional franchise football league in the state of Kerala, India (“SLK”), following the completion of the final match of the championship tournament of its second season that was held on December 19. As the exclusive streaming partner t ...

FORT WORTH, Texas, Dec. 11, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW)(the “Company” or “SEGG Media”), the global sports, entertainment, and gaming group, today announces that it has closed a $2.5 million Securities Purchase Agreement under a shelf registration statement on Form S-3 that was previously filed with the SEC and declared effective on November 28, 2025. The funds will be used by the Company to execute on reaching milestones outlined in its 90-day outline of key initiat ...

Core Insights - SEGG Media Corporation has closed a $2.5 million Securities Purchase Agreement to fund key initiatives aimed at completing acquisitions and strengthening operations [1][5] - The company is committed to a disciplined approach focusing on realistic planning, transparent communication, and dependable delivery to maximize asset value and stabilize operations [2][5] - The company has outlined a $5 million 90-day plan that emphasizes sustainable revenue growth, operational efficiency, and financial stewardship [3][5] Key Initiatives - Finalize the acquisition of a controlling interest in Veloce Media Group, valued at $53 million pre-money, which is expected to add nearly $20 million in annual revenue starting Q1 2026 [9] - Fund commitments related to the DotCom Ventures acquisition to secure intellectual property for Concerts.com and TicketStub.com, aiming to launch a fan-focused ticket buying platform [9] - Invest in international gaming operations, starting with Mexico, to accelerate growth and reinforce existing infrastructure [9] - Continue investment in the development of the Sports.com All-Sports Arena in Boca Raton, projected to deliver over $6 million in EBITDA in its first year [9] - Address general operational needs by improving internal processes and tightening financial controls [9]

Core Insights - SEGG Media Corporation has announced significant leadership changes, terminating CEO Matthew McGahan and appointing CFO Robert Stubblefield as Interim CEO [1][2][5] - The company is entering a new growth phase, focusing on revenue expansion through its digital properties and strategic acquisitions [2][4] - Stubblefield aims to ensure financial stability and rebuild shareholder value by emphasizing responsible revenue growth and operational discipline [4][5] Leadership Changes - Matthew McGahan has been removed as CEO, Secretary, and President, while Robert Stubblefield has been appointed as Interim CEO and Marc Bircham as Chairman [1][5] - McGahan will remain a Company Director until the next annual meeting of shareholders [1] Growth Strategy - SEGG Media is leveraging its digital assets, including Sports.com, Concerts.com, and Lottery.com, to achieve over 102 million views across platforms in 2025 [2] - The leadership changes are intended to support upcoming strategic acquisitions and enhance operational discipline [2][4] Interim CEO's Vision - Robert Stubblefield emphasizes a focus on financial stability, disciplined execution, and long-term shareholder value [4][5] - He will oversee the expansion of the Sports.com brand and the launch of Concerts.com while maintaining the momentum of existing revenue drivers [4] Company Overview - SEGG Media integrates traditional assets with blockchain innovation, focusing on immersive fan engagement and ethical gaming [6]

Core Insights - SEGG Media Corporation has signed a binding Letter of Intent to acquire Triggy.AI, an AI technology company focused on dynamic ad-revenue formats and gamified engagement solutions, with the acquisition expected to close on or before November 28, 2025 [1][5] - The acquisition aims to enhance SEGG Media's technology capabilities, strengthen recurring revenue, deepen audience engagement, and scale monetization across its global digital ecosystem [1][5] Company Overview - SEGG Media is a global sports, entertainment, and gaming group that integrates traditional assets with blockchain innovation, focusing on immersive fan engagement and AI-driven live experiences [7] - The company operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, aiming to redefine audience interaction with content [7] Triggy.AI Overview - Triggy.AI, founded by experienced gaming and sports-technology entrepreneurs, has developed an advanced AI engine that optimizes engagement and advertising for international brands [2] - The platform provides personalized, real-time user interactions that enhance dwell time, engagement, and conversion, contributing to predictable monthly recurring revenue from enterprise clients [2] Strategic Implications - Integrating Triggy's technology will allow SEGG Media to deliver next-generation content formats, data-driven advertising, and immersive fan experiences at scale across its flagship brands [3] - The acquisition is seen as a significant step in leveraging AI to differentiate SEGG Media's digital ecosystem and unlock new revenue streams [4][5] Leadership Perspectives - Tim Scoffham, CEO of Sports.com Media Group and Lottery.com International, emphasized the importance of dynamic technology for SEGG Media's future and the enhancement of user experiences through the acquisition [4] - Matt McGahan, President and CEO of SEGG Media, stated that AI is central to the company's long-term strategy, reinforcing its commitment to investing in advanced technology for innovation and profitability [5]

Core Insights - SEGG Media Corporation has announced a new agreement to place full-page advertisements in seven NBA team yearbooks for the 2025/26 season, enhancing its commercial outreach strategy [1][2] - This initiative follows a successful NFL yearbook campaign, indicating SEGG Media's commitment to embedding the Sports.com brand within the U.S. sports landscape [3][4] - The company aims to expand its presence in basketball through various initiatives, including sponsorships, streaming partnerships, and academy programs, aligning with its mission to lead in fan engagement and immersive content [4] Company Strategy - The placements will feature high-visibility coverage with iconic NBA franchises such as the Boston Celtics, Chicago Bulls, and Los Angeles Lakers, among others [2] - SEGG Media's Chairman, Matthew McGahan, emphasized the importance of brand visibility within valuable sports ecosystems, highlighting the company's focus on expanding into basketball [4] - The company is also developing behind-the-scenes content and fan engagement activations for 2026, aimed at extending brand reach across multiple leagues [4] Industry Positioning - SEGG Media is positioning itself as a significant player in the sports, entertainment, and gaming sectors, with a focus on integrating traditional assets with blockchain innovation [5] - The company operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, aimed at redefining audience interaction with content [5] - By executing brand placements in major sports leagues like the NFL and NBA, SEGG Media is working towards becoming one of the most visible brands listed on NASDAQ [4]

Core Insights - SEGG Media Corporation celebrates a historic achievement as Jorden Dolischka becomes the first woman to stand on the Gulf Radical Cup podium at the Yas Marina Circuit, marking a significant milestone for women in motorsport [2][3]. Performance Highlights - Jorden Dolischka achieved the fastest lap of the day with a time of 1:58.0 and made a remarkable comeback in Sprint Race 1, finishing sixth after starting from the back due to an electrical issue. She secured third place in the second sprint, making history [4]. - Léna Galyó, in her second Radical event, faced technical challenges but managed to achieve two Top-10 finishes, showcasing her potential as a future contender [5]. Company Statements - Matthew McGahan, Chairman, President & CEO of SEGG Media, emphasized that the weekend was about talent rather than gender, highlighting that female racers can compete at the highest level when given equal opportunities [7]. - Graeme Glew, CEO of Racing Women, expressed pride in Dolischka and Galyó's performances, noting that Racing Women is becoming a symbol of opportunity and inclusion in motorsport. He also mentioned plans to expand Racing Women's global presence [8]. Audience Engagement - The event was streamed live on the Sports.com app and across Racing Women's social channels, attracting tens of thousands of viewers in the Middle East. SEGG Media's global footprint has surpassed 45 million cumulative live-stream views since its launch [8]. Company Overview - SEGG Media Corporation is a global sports, entertainment, and gaming group that integrates traditional assets with blockchain innovation, focusing on immersive fan engagement and ethical gaming [10].

Core Insights - SEGG Media Corporation has launched a two-year Web3 and Digital Asset Strategy aimed at generating sustainable on-chain yield and accelerating tokenization in sports and entertainment [1][2] - The company has established a $300 million Digital Asset and Tokenization Program, positioning itself as a pioneer among NASDAQ-listed firms in integrating traditional finance with blockchain [2][6] Digital Asset Strategy - The strategy includes an 80/20 capital allocation model, with 80% of capital allocated to a multi-asset crypto treasury focused on Bitcoin, Ethereum, Solana, and ZIGChain, while 20% will fund strategic acquisitions [3][8] - The initiative aims to create a tokenized sports and entertainment ecosystem, enhancing fan engagement and monetization opportunities for athletes and artists [5][9] Execution Roadmap - The rollout will occur in four phases: 1. Activation of the SEGG Media Crypto Advisory Board and validator setup [9] 2. Tokenization pilots under Sports.com and Concerts.com [9] 3. Expansion of the Sports and Entertainment Exchange platform [9] 4. Full Web3 convergence with a multi-asset treasury and active validators [9] Governance and Transparency - The SEGG Media Crypto Advisory Board will oversee governance and transparency in treasury, validator, and tokenization operations [6] - All income from validator activities will be reported through SEC-compliant filings to ensure transparency and shareholder value [4][6] Strategic Partnerships - SEGG Media has signed a Memorandum of Understanding (MOU) with ZIGChain to leverage its blockchain infrastructure for real-world asset tokenization [3][10] - This partnership aims to enhance institutional-grade infrastructure for yield generation and fan participation [5][10]

Core Points - SEGG Media Corporation has regained full compliance with Nasdaq's continued listing requirements, marking a significant milestone since its rebranding from Lottery.com [1][2] - The compliance issue was related to shareholder approval for equity grants made in 2023 and early 2024, which have now been aligned with the approved 2021 Incentive Plan [2] - The current management team, which took over in May 2023, has addressed various legacy issues, allowing the company to focus on growth and shareholder value [3][4] Company Developments - The company has executed a multi-vertical acquisition strategy across sports, entertainment, esports, and live events [8] - SEGG Media is ramping up investor communications and focusing on revenue-generating activities across its core brands, including Sports.com and Concerts.com [3][4] - The company has worked with the SEC to declare two Form S-1 Registration Statements effective, enabling it to raise $450 million for global operations and revenue growth [8] Strategic Focus - SEGG Media aims to maximize value across its brand portfolio and generate revenue, with a strong emphasis on scaling operations and launching new programs [4] - The company is redefining audience engagement through immersive fan experiences and ethical gaming [5]

Core Viewpoint - SEGG Media Corporation is actively supporting the Racing Women initiative, showcasing female talent in motorsport and enhancing brand visibility while driving shareholder value [2][5]. Company Initiatives - The Racing Women initiative is featured at the 2025 Fine Cut Radical Cup UK, with 25 drivers, including 11 female competitors, participating in the event [3][4]. - SEGG Media's sponsorship of Racing Women began in June 2025, with the Donington Park event being the second of three supported events [5]. - The introduction of the Sports.com Nations Trophy aims to recognize the fastest female driver, providing a sponsored entry to the Gulf Radical Cup in Abu Dhabi, which represents a significant opportunity for emerging talent [4][5]. Industry Context - The company is committed to fostering gender equality in sports and investing in the growing landscape of women's athletics, which is experiencing increased participation, media value, and fan engagement [5][6]. - SEGG Media is positioned to leverage diversity in racing and international brand reach to resonate with fans, partners, and investors [6]. 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 [8].