STOCK TITAN

SEGG Media Reports Strong Q2 Momentum Across Veloce and Quadrant

(Positive)
Tags

SEGG Media (NASDAQ: SEGG) reports strong Q2 2026 commercial momentum across Veloce and Quadrant, driven by new and expanded partnerships and brand integrations.

The $61 million Veloce acquisition, adding about $20 million in annual revenue, is supported by deals with That Prize Guy, Marex, Revolut and global brands like Audi, Puma and Xbox, which SEGG Media expects to contribute to revenue throughout 2026.

Loading...
Loading translation...

Positive

  • $61 million Veloce acquisition adding about $20 million in annual revenue
  • New Quadrant partnership with That Prize Guy to expand Formula 1 fan engagement
  • Marex named Quadrant Official FX & Payments Partner with B2B race experiences
  • Expanded Revolut partnership including new digital content and VIP British Grand Prix giveaway
  • Veloce campaigns with major brands such as Audi, Puma, KitKat, Fanta, Xbox and Ford
  • SEGG Media expects Veloce and Quadrant deals to support revenue through 2026

Negative

  • None.

News Market Reaction – LTRYW

-5.31%
-5.31% Session close to close

In the Jun 18 session, LTRYW declined 5.31%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -5.3% in the session following this news. A negative reaction despite positive partn...
Analysis

The stock moved -5.3% in the session following this news. A negative reaction despite positive partnership momentum fits the mixed pattern around past launches, where some upbeat updates saw declines near 8–10%. Existing shelf capacity and convertible financing could amplify downside if sentiment weakens.

Key Figures

Veloce acquisition price: $61 million Added annual revenue: $20 million Shelf registration size: $300,000,000 +5 more
8 metrics
Veloce acquisition price $61 million Transaction completed in Q1 2026 adding Veloce Media Group
Added annual revenue $20 million Approximate annual revenue added from Veloce acquisition
Shelf registration size $300,000,000 Mixed shelf on Form S-3/A registering primary securities
Convertible notes capacity $11,764,705.88 Unsecured convertible promissory notes private placement
Convertible notes interest rate 12% annual interest Interest rate on unsecured convertible notes
Pro forma FY2025 revenue $10.34 million Unaudited pro forma FY2025 after Veloce acquisition
Standalone FY2025 revenue $0.69 million Standalone FY2025 revenue before Veloce acquisition
Days to cover 1 day Reported as of settlement date 2026-05-29

Historical Context

5 past events · Latest: Jun 11 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 11 Product launch & sponsorship Positive +15.3% Launch of Sports.com Predict and title sponsorship of E1 Team Miami.
Jun 09 Product launch timing Positive -10.1% Early launch of Sports.com Predict ahead of NBA Finals and World Cup.
Jun 05 Platform early access Positive +8.1% Exclusive first access to Sports.com Predict for initial waitlist users.
May 12 Sponsorship expansion Positive -8.5% Headline sponsorship for global Soccerex events in 2026 and 2027.
May 06 Acquisition revenue update Positive +16.3% Reported 1,400% pro forma revenue growth after acquiring Veloce Media Group.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news has produced mixed reactions, with three positive and two negative moves following generally positive commercial and growth updates.

Key Terms

original issue discount, convertible promissory notes, shelf registration, going concern
4 terms
original issue discount financial
"The notes carry a 15% original issue discount, bear 12% annual interest"
Original issue discount (OID) is the difference between a debt security’s face value and the lower price at which it is first sold, treated as additional interest that accrues over the life of the instrument. For investors it matters because OID raises the effective yield and changes taxable income and the holding’s cost basis over time — think of buying a $100 voucher for $90 and recognizing the $10 gain as earned interest as the voucher approaches maturity.
convertible promissory notes financial
"to issue up to $11,764,705.88 in unsecured convertible promissory notes in a private placement"
A convertible promissory note is a loan a company takes that can later be turned into shares instead of being paid back in cash; think of lending money now in exchange for a voucher that can become ownership later. Investors care because it mixes credit risk and potential ownership upside—it can protect lenders if a company struggles while also diluting existing shareholders when converted, affecting future share value and investor returns.
shelf registration regulatory
"has filed an amended shelf registration to offer up to $300,000,000 of securities"
Shelf registration is when a company gets permission ahead of time to sell new stocks or bonds over a period of time instead of all at once. It matters to investors because it lets a company raise money quickly when needed, but it can also change the value of existing shares if many new ones are sold.
View in glossary
going concern financial
"conditions raise substantial doubt about the company’s ability to continue as a going concern"
Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

FORT WORTH, Texas, June 18, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”) today highlighted strong commercial momentum during the second quarter of 2026, driven by continued growth and partnership activity across Veloce Media Group and Quadrant.

The quarter was marked by high-profile partnership announcements, deeper brand integrations, and clear contributions to revenue growth, reinforcing the strategic value of SEGG Media’s acquisition of Veloce.

Since completing the $61 million transaction in Q1, which added approximately $20 million in annual revenue, SEGG Media has accelerated its commercial strategy as Veloce and Quadrant continue to attract partners across gaming, motorsport, financial services, and consumer brands, delivering high-impact campaigns across YouTube, social media, and live events.

Quadrant, co-founded by Formula 1 World Champion Lando Norris, has further strengthened its position as a leading next-generation motorsport and lifestyle brand through several new and expanded partnerships.

A new collaboration with That Prize Guy, one of the UK’s fastest-growing competition platforms, will combine Formula 1 access, premium experiences, creator-led content, and fan engagement campaigns across the Quadrant ecosystem. This aligns with Quadrant’s strategy to connect brands with highly engaged motorsport audiences through innovative experiences.

Quadrant also introduced Marex as its Official FX & Payments Partner. The relationship provides access to Formula 1 race experiences and premium B2B networking opportunities through the combined Quadrant and Veloce ecosystem, underscoring the platform’s growing appeal to blue-chip partners beyond traditional motorsport sponsorship.

In addition, Quadrant expanded its partnership with Revolut, building on a relationship that began in 2025. The continuing agreement will feature new digital content across social and long-form platforms, including a flagship piece with a Formula 1 driver, as well as a fan-focused VIP British Grand Prix giveaway. The partnership aims to drive audience engagement, brand awareness, and customer acquisition through premium motorsport content and experiences.

Together, these partnerships highlight Quadrant’s ability to connect both institutional and consumer brands with highly engaged, digitally native audiences while delivering measurable commercial outcomes.

Beyond those flagship partnerships, Veloce’s agency talent also delivered campaigns with a range of globally recognized brands, including Audi, Puma, KitKat, Fanta, Xbox and Ford, alongside existing relationships with Mercedes-Benz, Ferrari and Hilton Hotels.

These collaborations further demonstrate Veloce’s ability to deliver premium creator-led campaigns for some of the world’s most prominent consumer and automotive brands through its creator-led, digital-first media ecosystem.

“We continue to see strong commercial execution across Veloce and Quadrant, validating the strategic rationale behind the acquisition,” said Robert Stubblefield, Chief Executive Officer and Chief Financial Officer of SEGG Media. “The quality of partners joining the ecosystem, together with the growing demand from brands seeking authentic engagement with younger audiences, reinforces our confidence in the long-term growth opportunities within our sports and entertainment platform.”

SEGG Media expects these Veloce and Quadrant partnerships to deliver sustained revenue contributions throughout 2026, supported by a strong pipeline of additional opportunities currently in development as it capitalizes on increasing demand for culturally relevant, digitally native media platforms.

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, TicketStub.com, Lottery.com, and Veloce Media Group. 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.

Important Notice Regarding 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, including statements regarding the Company’s strategy, future operations, prospects, plans, objectives, product rollout, market availability, sponsorship integration, fan engagement opportunities and expected future updates, are forward-looking statements. Words such as “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “continue,” “expand,” “launch,” “rollout,” and 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 and are subject to risks and uncertainties, many of which are difficult to predict and beyond the Company’s control. These risks and uncertainties include, without limitation, regulatory, operational and commercial considerations in each market in which Sports.com Predict may be made available; the Company’s ability to implement and scale technology, product, sponsorship and marketing initiatives; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to maintain compliance with Nasdaq Listing Rules and become or remain current with its SEC reports; and the other risks and uncertainties discussed under the heading “Risk Factors” in the Company’s filings with the SEC. Additional information concerning these and other factors that may impact the matters discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC, which are available publicly at www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed or implied by any forward-looking statements. Except as required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by this cautionary statement.

This press release was published by a CLEAR® Verified individual.



For additional information

SEGG Media
press@seggmedia.com
737-587-3391

SEGG Investors
ir@seggmedia.com
737-787-3891

FAQ

How does SEGG (NASDAQ: SEGG) describe its Q2 2026 momentum across Veloce and Quadrant?

SEGG Media describes Q2 2026 as showing strong commercial momentum across Veloce and Quadrant. According to SEGG Media, this reflects high-profile partnerships, deeper brand integrations and clear contributions to revenue growth across gaming, motorsport, financial services and consumer brands.

What impact does the Veloce acquisition have on SEGG (SEGG) revenue in 2026?

The Veloce acquisition adds about $20 million in annual revenue to SEGG Media. According to SEGG Media, the $61 million Q1 2026 transaction and subsequent Veloce and Quadrant partnerships are expected to deliver sustained revenue contributions throughout 2026.

Which new Quadrant partnerships did SEGG (SEGG) highlight for Q2 2026?

SEGG Media highlighted new or expanded Quadrant partnerships with That Prize Guy, Marex and Revolut. According to SEGG Media, these deals blend Formula 1 access, premium experiences, creator-led content and fan campaigns aimed at driving engagement, brand awareness and customer acquisition.

How is SEGG’s Quadrant brand using Formula 1 to attract partners in 2026?

Quadrant leverages Formula 1 access and experiences to attract both institutional and consumer brands. According to SEGG Media, collaborations include race experiences, creator-led motorsport content and VIP giveaways designed to reach highly engaged, digitally native motorsport audiences.

Which major consumer and automotive brands worked with SEGG’s Veloce unit in Q2 2026?

SEGG Media reports Veloce campaigns for brands including Audi, Puma, KitKat, Fanta, Xbox and Ford. According to SEGG Media, these supplement existing relationships with Mercedes-Benz, Ferrari and Hilton Hotels within its creator-led, digital-first media ecosystem.

What growth outlook does SEGG (SEGG) provide after acquiring Veloce Media Group?

SEGG Media expresses confidence in long-term growth opportunities within its sports and entertainment platform. According to SEGG Media, strong commercial execution, high-quality partners and demand for authentic engagement with younger audiences support expectations for ongoing revenue contributions in 2026.