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SEGG Media (NASDAQ: SEGG) announced its Lottery.com and Sports.com-sponsored drivers will compete at Iowa Speedway's doubleheader weekend. The event features both the NTT INDYCAR Series and INDY NXT races at the 0.875-mile tri-oval track.
PREMA Racing's Callum Ilott, with a previous best P11 finish at Iowa, and teammate Robert Shwartzman will compete following their June test session. In INDY NXT, Seb Murray of Andretti Cape prepares for his second oval race after finishing 12th at WWTR earlier this year.
The weekend schedule includes free practice on July 11, INDYCAR qualifying and Race 1 on July 12, and Race 2 on July 13, with broadcasts available on NBC/Peacock in the U.S. and Sky Sports in the U.K.
SEGG Media (NASDAQ: SEGG) has signed a binding Letter of Intent with fitness industry veteran David Lloyd to acquire rights to an All-Sports Arena in Boca Raton, FL for $14 million. The deal marks David Lloyd's entry into the U.S. market.
The 100,000 square-foot facility will be branded as "Sports.com All-Sports Arena, designed by David Lloyd" and will combine sports infrastructure with co-working spaces. Features include indoor courts, climbing walls, AI golf simulators, a premium gymnasium, and a 10,000 square-foot luxury co-working space.
The Boca Raton facility is projected to generate over $6 million in EBITDA in its first year. This launch represents the first step in a broader expansion strategy across major U.S. cities and the Middle East.
SEGG Media Corporation (NASDAQ: SEGG), formerly Lottery.com Inc., has unveiled a major corporate transformation and rebranding initiative. The company has established three core pillars: Sports.com for sports content and streaming, an Entertainment division focusing on live experiences, and Lottery.com for ethical gaming operations.
The company has completed a significant turnaround over the past 24 months, securing a $300M equity line of credit and implementing key operational improvements. SEGG Media's strategy includes revenue-focused execution, responsible credit management, and strategic acquisitions of cash-generative assets. The company plans to expand into motorsports, eSports, and launch Sports.com branded facilities globally.
Lottery.com (NASDAQ: LTRY) reported mixed results from their sponsored drivers at the Mid-Ohio Sports Car Course during the Fourth of July weekend. Callum Ilott achieved his best result of the 2025 season, finishing P13 after starting from P24. Louis Foster, leading the Rookie of the Year standings, finished P14 after qualifying P6, while Sebastian Murray's race ended early after a Lap 4 collision.
Ilott executed a strategic three-stop race, while Foster managed a challenging fuel-saving race despite a pit stop stall. The event showcased strong brand visibility for both Lottery.com and Sports.com during the holiday weekend, with company leadership expressing pride in their drivers' performances.
Lottery.com (NASDAQ: LTRY) announced its sponsored drivers will compete in Round Nine of the 2025 NTT INDYCAR SERIES and INDY NXT Championships at Mid-Ohio Sports Car Course. The company's racing lineup includes Louis Foster (Rahal Letterman Lanigan Racing), who recently secured his first career pole position, Callum Ilott (PREMA Racing), coming off his season-best P15 finish, and Sebastian Murray (Andretti Global) making his Mid-Ohio debut.
The event features a challenging 13-turn, 2.258-mile road course and marks the beginning of a crucial five-race July schedule. The race will run 90 laps, ten more than in 2024, and will be the first time teams compete with the new INDYCAR hybrid power unit at this track.
Lottery.com (NASDAQ: LTRY) announced it is finalizing legal evidence of a coordinated 'short and distort' campaign targeting the company. Working with Paul Hastings LLP, the company is pursuing legal action against individuals and entities engaged in alleged market manipulation.
Christopher Gooding, Independent Director and Audit Committee member, identified three groups involved: aggressive former insiders using confidential information, professional short-sellers with complicit brokers facilitating illegal naked short selling, and opportunistic traders influenced by false media narratives. The company has issued cease-and-desist letters and warns of impending legal action and regulatory referrals.
Lottery.com (NASDAQ: LTRY) has announced plans to acquire a 51% controlling interest in GXR World Sports assets for $10 million to power the launch of the Sports.com Super App. The company will invest $5.1 million initially through cash, stock, or a combination at a $3.00 share price.
The Super App, scheduled for launch in Q3 2025, will integrate six key features: live streaming, community chat, stats-based social media, e-commerce, gaming, and sports news. The platform builds on GXR's existing success of over 1 million monthly active subscribers. Lottery.com has also committed $15 million for the app's expansion and secured a call option to acquire 100% ownership of the new entity by 2027.
Lottery.com (NASDAQ: LTRY) has appointed Tim Scoffham as CEO of Sports.com Media Group Limited and Lottery.com International Limited, effective immediately. Scoffham, who has been consulting with the company since May 2024, brings over 20 years of leadership experience in gaming, media, and entertainment sectors.
In his new role, Scoffham will oversee the strategic integration and international expansion of Sports.com Media's digital sports content platform and Lottery.com International's iGaming division. His responsibilities include aligning commercial, media, and technology platforms, strengthening regulatory partnerships, and developing revenue opportunities in high-growth markets.