Sports Entertainment Gaming Global Corporation - Common Stock (SEGG)

SEGG Media (NASDAQ: SEGG, LTRYW) provided an investor update outlining the diversified and expanding revenue streams resulting from its $61 million acquisition of a controlling supermajority interest in Veloce Media Group. The transaction materially increases SEGG Media’s top line, strengthens its international presence and advances its transition into a scaled global sports and digital media platform, with management expecting Veloce and its subsidiary Quadrant to generate more than $20 million in revenue in 2026. Veloce operates across digital advertising, creator representation, esports and sim racing services, sustainable motorsport and direct-to-consumer commerce, delivering multi-vertical monetization through global brand partnerships, official Formula 1 esports services and lifestyle commerce initiatives, while Quadrant, co-founded by Formula One World Champion Lando Norris, has contributed partnership, digital and merchandise revenue and is positioned as a high-growth subsidiary within SEGG Media’s portfolio.

Acquisition Expected to Contribute Over $20 Million in 2026 Revenue

SEGG Media (NASDAQ: SEGG, LTRYW) announced that Jamie MacLaurin, co-founder of Veloce Media Group and CEO of Quadrant, was appointed senior vice president of SEGG’s sports business as the company secured supermajority control of approximately 68% of Veloce’s outstanding equity. SEGG indicated it will extend a global offer to acquire the remaining minority interests to streamline governance and align long-term strategy, with Veloce expected to contribute approximately $20 million in annual revenue beginning in Q1 2026. MacLaurin will continue leading Veloce and Quadrant while identifying broader commercial opportunities across SEGG’s sports portfolio, leveraging Quadrant’s creator-led motorsport brand co-founded with 2025 Formula One World Champion Lando Norris and Veloce’s rapidly expanding digital ecosystem, which reported 153% year-over-year revenue growth between 2023 and 2024.

FORT WORTH, Texas, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation (NASDAQ: SEGG, LTRYW) (the “Company” or “SEGG Media”), the global sports, entertainment, and gaming group, today announced that Veloce Media Group (“Veloce”) co-founder and Quadrant CEO Jamie MacLaurin was appointed to the role of Senior Vice President of SEGG's sports business. MacLaurin has been key in building one of the industry's most dynamic motorsport businesses, spanning apparel, athletes, content and partnerships. In his new role, MacLaurin will not only continue to play a leading role in Veloce and Quadrant, he will also identify commercial opportunities for the benefit of SEGG Media’s sports business that compliment and enhance the Veloce and Quadrant business models.

SEGG Media (NASDAQ: SEGG, LTRYW) announced the nomination of Daniel Bailey, Co-Founder and Chief Executive Officer of Veloce Media Group, to its Board of Directors in connection with the Company’s acquisition of Veloce. SEGG Media said Bailey’s appointment enhances board-level expertise in digital audience monetization, brand partnerships, international expansion and scalable media execution as it advances its 2026 growth strategy. Under Bailey’s leadership, Veloce expanded across esports, motorsport and digital content, building partnerships with global brands including McLaren, Visa, Microsoft, Hilton and LEGO, and recently structured the acquisition of Quadrant, a motorsport content business co-founded by 2025 Formula One World Champion Lando Norris.

SEGG Media (NASDAQ: SEGG, LTRYW) announced it has completed its previously disclosed acquisition of a controlling interest in Veloce Media Group, valuing Veloce at approximately $61 million (£45 million). The transaction, structured as a combination of cash and SEGG Media shares priced at $10 per share, is projected to contribute more than $20 million in additional annual revenue, which the Company will begin recognizing in the first quarter of this year. Management said the acquisition strengthens SEGG Media’s revenue base, expands its global digital media footprint and enhances cross-platform monetization opportunities across Sports.com, Concerts.com and related assets, while aligning stakeholders around long-term value creation as Veloce’s operating results are consolidated into reported financials.

Veloce Co-Founder and CEO To Join SEGG Board as Company Accelerates Revenue Growth Sports & Digital Media Platform

SEGG Media (NASDAQ: SEGG, LTRYW) announced it has agreed to binding terms to acquire at least a majority interest in Veloce Media Group, valuing Veloce at approximately $61 million (£45 million), with closing expected Feb. 17, 2026. The transaction, to be completed through a combination of cash and SEGG common shares priced at $10 per share, is projected to contribute more than $20 million in additional annual revenue beginning in the first quarter of 2026 and will provide SEGG with a controlling interest for consolidation purposes, as the company positions the acquisition as a foundational step in building a diversified global sports, gaming and digital media platform.

SEGG Media said it will acquire Veloce through a blend of cash consideration and its common shares priced at $10 per share.

Transaction Closing Date Set for Next Tuesday, February 17

Legal Action Underscores Commitment to Protecting Shareholders from Market Manipulation

SEGG Media (NASDAQ: SEGG, LTRYW) announced the appointment of Simon Lewis as Executive Vice President of Entertainment for SEGG Media and Chief Executive Officer of DotCom Ventures Inc., the subsidiary operating Concerts.com and TicketStub.com, as the company advances both platforms from development into commercial execution. Lewis, a former advisor to the company and a veteran of the global live entertainment industry with prior tenure as President of Live Nation Europe, will oversee SEGG Media’s live entertainment strategy and lead the build-out and launch of Concerts.com and TicketStub.com, supporting the Board’s focus on accelerating commercialization and disciplined platform launches across the company’s entertainment portfolio.

Lewis, Former President of Live Nation Europe and a Senior Vice President at MTV Networks Europe, Named EVP of Entertainment and CEO of DotCom Ventures

SEGG Media (NASDAQ: SEGG, LTRYW) provided an update on its previously announced 90-day execution plan, reaffirming its near-term focus on completing announced acquisitions, strengthening core operations and allocating capital with discipline and accountability. The company expects to close on the acquisition of a controlling interest in Veloce Esports Limited in February, subject to customary closing conditions, complete the acquisition of Nook Holdings Limited in March and finalize the acquisition of a controlling interest in Ant Media & Productions before the end of March, positioning these transactions as cornerstone priorities designed to convert announced initiatives into completed, revenue-producing operations and support the development of a stable, scalable platform for long-term value creation.

Veloce, Nook, and Ant Media Transactions Expected to Close in Q1

SEGG Media Corp. (NASDAQ: SEGG) (NASDAQ: LTRYW) announced on Thursday that the United States District Court for the Middle District of Florida dismissed, without prejudice, all remaining claims in a legacy litigation matter styled Lottery.com, Inc. f/k/a Autolotto, Inc., et al. v. John J. Brier, Jr., et al., following a Jan. 28, 2026, order. The court granted the company’s renewed motion to dismiss for lack of subject matter jurisdiction, declined to exercise supplemental jurisdiction over the remaining state-law counterclaims, overruled all objections to the magistrate judge’s findings, and directed that the case be closed. According to the company, the dismissal follows the prior dismissal of all federal claims in the action and reflects a procedural determination that the court lacked jurisdiction over the remaining state-law claims, which were not adjudicated on the merits.

FORT WORTH, Texas, Jan. 29, 2026 (GLOBE NEWSWIRE) -- SEGG Media Corporation, formerly Lottery.com Inc., (NASDAQ: SEGG, LTRYW)(the “Company” or “SEGG Media”), the global sports, entertainment, and gaming group continues its transparent and material transformation as it announces today that the United States District Court for the Middle District of Florida (the "Court") dismissed, without prejudice, the remaining claims in a legacy litigation styled Lottery.com, Inc. f/k/a Autolotto, Inc., et al. v. John J. Brier, Jr., et al., Case No. 8:23-cv-2594 (M.D. Fla.).

SEGG Media (NASDAQ: SEGG, LTRYW) announced it has filed an application with the Delaware Division of Corporations to change its corporate name from Lottery.com Inc. to Sports Entertainment Gaming Global Corporation, reflecting the Company’s evolution from a lottery-focused business to a diversified platform spanning sports, entertainment, and gaming verticals. Upon acceptance by the Delaware Secretary of State, the Company will operate as SEGG Media Corp, SEGG Media, and SEGG, with the change approved by the Board of Directors and intended to support growth initiatives centered on its domain assets, including Sports.com, Concerts.com, TicketStub.com, and Lottery.com, while current management continues to advance compliance, governance reforms, and shareholder growth following legacy issues tied to former executives.

FORT WORTH, Texas, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”) today announces that it has filed an application with the Delaware Division of Corporations to officially change its corporate name to Sports Entertainment Gaming Global Corporation. The Company will officially be doing business as and operate under the names: SEGG Media Corp, SEGG Media, and SEGG. The name change will be effective immediately following the filing acceptance by the Delaware Secretary of State. Processing times have been impacted by Winter Storm Fern.