SEGG Media backed Veloce Media Group boasts strong quarter with blue-chip partnerships for newly acquired Quadrant
SEGG Media (NASDAQ: SEGG) reports strong performance following its investment in Veloce Media Group and Veloce's acquisition of Quadrant, a creator-led brand co-founded by Formula 1 driver Lando Norris. Quadrant has secured major partnerships with blue-chip companies including Electronic Arts, T-Mobile, Lego, NordVPN, Revolut, and Swarovski.
Veloce, operating the world's largest racing and gaming media network, achieved £12.8 million ($17.5 million) in revenue for FY 2024, marking a 153% increase from FY 2023. The company generates over 750 million monthly digital views, primarily targeting Gen-Z and millennial audiences. SEGG Media holds a strategic option to acquire a 51% majority stake in Veloce.
SEGG Media (NASDAQ: SEGG) registra una solida performance a seguito del suo investimento in Veloce Media Group e dell'acquisizione da parte di Veloce di Quadrant, un brand guidato da creator co-fondato dal pilota di Formula 1 Lando Norris. Quadrant ha siglato importanti partnership con società di primo piano come Electronic Arts, T-Mobile, Lego, NordVPN, Revolut e Swarovski.
Veloce, che gestisce la più grande rete mediatica al mondo nel settore racing e gaming, ha realizzato ricavi per £12,8 milioni (17,5 milioni di dollari) nell'esercizio 2024, segnando un incremento del 153% rispetto al 2023. L'azienda genera oltre 750 milioni di visualizzazioni digitali mensili, concentrandosi principalmente su pubblici Gen-Z e millennial. SEGG Media detiene un'opzione strategica per acquisire una quota di maggioranza del 51% in Veloce.
SEGG Media (NASDAQ: SEGG) informa de un sólido desempeño tras su inversión en Veloce Media Group y la adquisición por parte de Veloce de Quadrant, una marca liderada por creadores cofundada por el piloto de Fórmula 1 Lando Norris. Quadrant ha asegurado alianzas importantes con empresas destacadas como Electronic Arts, T-Mobile, Lego, NordVPN, Revolut y Swarovski.
Veloce, que opera la mayor red mediática mundial de carreras y gaming, alcanzó unos ingresos de £12,8 millones (17,5 millones de dólares) en el año fiscal 2024, lo que supone un aumento del 153% respecto a 2023. La compañía genera más de 750 millones de visualizaciones digitales mensuales, dirigidas principalmente a audiencias Gen-Z y millennials. SEGG Media tiene una opción estratégica para adquirir una participación mayoritaria del 51% en Veloce.
SEGG Media (NASDAQ: SEGG)는 Veloce Media Group에 대한 투자와 Veloce의 Quadrant 인수 이후 강력한 실적을 보고했습니다. Quadrant는 포뮬러 1 드라이버 랜도 노리스가 공동 창업한 크리에이터 중심 브랜드로, Electronic Arts, T-Mobile, Lego, NordVPN, Revolut, Swarovski 등 유수 기업들과 주요 파트너십을 확보했습니다.
레이싱 및 게임 분야에서 세계 최대 미디어 네트워크를 운영하는 Veloce는 2024 회계연도 매출이 £12.8백만(1,750만 달러)로 2023년 대비 153% 증가했습니다. 이 회사는 주로 Z세대와 밀레니얼을 타깃으로 월간 7.5억 회 이상의 디지털 조회수를 창출합니다. SEGG Media는 Veloce의 지배지분 51%를 인수할 수 있는 전략적 옵션을 보유하고 있습니다.
SEGG Media (NASDAQ: SEGG) annonce de solides performances suite à son investissement dans Veloce Media Group et à l'acquisition par Veloce de Quadrant, une marque créateur cofondée par le pilote de Formule 1 Lando Norris. Quadrant a conclu des partenariats majeurs avec des entreprises de premier plan telles que Electronic Arts, T-Mobile, Lego, NordVPN, Revolut et Swarovski.
Veloce, qui exploite le plus grand réseau médiatique mondial dans le domaine du racing et du gaming, a réalisé un chiffre d'affaires de £12,8 millions (17,5 millions de dollars) pour l'exercice 2024, soit une hausse de 153% par rapport à 2023. La société génère plus de 750 millions de vues numériques mensuelles, ciblant principalement les publics Gen-Z et millénials. SEGG Media détient une option stratégique pour acquérir une participation majoritaire de 51% dans Veloce.
SEGG Media (NASDAQ: SEGG) meldet starke Ergebnisse nach seiner Investition in Veloce Media Group und Veloces Übernahme von Quadrant, einer Creator-geführten Marke, die vom Formel-1-Fahrer Lando Norris mitbegründet wurde. Quadrant hat bedeutende Partnerschaften mit etablierten Unternehmen wie Electronic Arts, T-Mobile, Lego, NordVPN, Revolut und Swarovski geschlossen.
Veloce, Betreiber des weltweit größten Racing- und Gaming-Mediennetzwerks, erzielte für das Geschäftsjahr 2024 einen Umsatz von £12,8 Millionen (17,5 Millionen US-Dollar), was einem Wachstum von 153% gegenüber 2023 entspricht. Das Unternehmen generiert über 750 Millionen digitale Aufrufe pro Monat und spricht dabei primär Gen-Z- und Millennial-Zielgruppen an. SEGG Media hält eine strategische Option zum Erwerb einer mehrheitlichen Beteiligung von 51% an Veloce.
- Revenue growth of 153% year-over-year to £12.8 million ($17.5 million)
- Secured partnerships with major blue-chip companies including EA, T-Mobile, Lego
- Massive digital reach with 750 million monthly views
- Strategic option to acquire 51% majority stake in Veloce
- None.
Insights
SEGG's investment in Veloce shows promising returns with Quadrant securing major brand partnerships and 153% YoY revenue growth.
The strategic investment SEGG Media made into Veloce Media Group is already showing tangible results through Veloce's acquisition of Quadrant, co-founded by Formula 1 driver Lando Norris. The most significant development is Quadrant securing partnerships with major global brands including Electronic Arts, T-Mobile, Lego, NordVPN, Revolut, and Swarovski - demonstrating its ability to attract blue-chip advertisers across diverse industries.
Veloce itself posted impressive financial results, reporting
The acquisition of Quadrant appears strategically sound given Veloce's existing market position as operator of the world's largest racing and gaming media network, generating over 750 million monthly digital views and targeting the valuable Gen-Z and millennial demographics. This audience alignment creates significant cross-promotional opportunities across SEGG's portfolio, which includes premium domain properties like Sports.com, Concerts.com, and Lottery.com.
The reported performance indicates that SEGG's strategy of building a diversified digital media ecosystem is gaining momentum. The Veloce acquisition provides SEGG with enhanced access to younger demographics through gaming and motorsport content - potentially creating new monetization channels that complement its existing properties while providing insulation against market segment volatility.
A Media Snippet accompanying this announcement is available by clicking on this link.
LONDON, Aug. 28, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a leading technology company owning Sports.com, Concerts.com, and Lottery.com, continues to see positive growth across its portfolio following its strategic investment into Veloce Media Group (“Veloce”), and Veloce’s subsequent acquisition of Quadrant.
Veloce is one of the fastest-growing platforms at the intersection of sport, gaming and digital media. Following the announcement of the investment into Veloce earlier this year, the partnership is already achieving growth across competitive operations, digital media platforms, and immersive content divisions. Most notably, in the integration and expansion of creator-led brand Quadrant, co-founded by Formula 1 driver Lando Norris.
New Global Partnership Contracts
Quadrant delivered results in its most recent fiscal quarter, underpinned by a series of landmark partnerships with global blue-chip companies including Electronic Arts, T-Mobile, Lego, NordVPN, Revolut and Swarovski. These agreements not only highlight Quadrant’s rapid growth but also underscore its positioning as a premier platform capable of attracting leading businesses across multiple industries.
The growth trajectory of Quadrant and its newly secured partnerships represent a significant driver of future revenues - an important factor in SEGG Media’s strategic option to acquire a majority stake in Veloce.
Matthew McGahan, Chairman & CEO of SEGG Media, said: “This is the first true opportunity we’ve had to see the impact that our investment into Veloce, and subsequently Quadrant, has had. It’s exactly what we envisaged when we brought the brands into the SEGG Media family.
“Veloce’s mission has always been to redefine how the next generations engage with sport, whether it’s through dynamic content, innovative formats, or culturally relevant brands. With Quadrant’s momentum and new global partnerships adding to its ecosystem, they’re unlocking even more long-term growth and look to continue this positive trajectory.”
Veloce operates the world’s largest racing and gaming media network, generating over 750 million monthly digital views and engaging a fast-growing Gen-Z and millennial audience.
Backed by an experienced board and led by CEO Daniel Bailey, Veloce reported
The investment from SEGG Media, which includes a call option for SEGG Media to acquire a
About SEGG Media Corporation
SEGG Media (Nasdaq: SEGG, LTRYW) is a global sports, entertainment, and gaming group operating a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com. Focused on immersive fan engagement, ethical gaming, and AI-driven live experiences, SEGG Media is redefining how global audiences interact with the content they love.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to: the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to complete acquisitions; the Company’s ability to remain in compliance with Nasdaq Listing Rules; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
This press release was published by a CLEAR® Verified individual.
For additional information, visit www.seggmediacorp.com or contact media relations at media@seggmediacorp.com.
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