SEGG Media Appoints Quadrant CEO Jamie MacLaurin as Senior Vice President Following Supermajority Acquisition of Veloce Media Group
Rhea-AI Summary
SEGG Media (NASDAQ: SEGG) completed additional share purchases to secure a supermajority ~68% stake in Veloce and named Quadrant CEO Jamie MacLaurin as Senior Vice President of its sports business. The company said it will recognize Veloce's $20 million annual revenue beginning in Q1 2026.
SEGG is extending a global offer to acquire remaining minority equity in Veloce to streamline governance, simplify capital structure, and support growth across the combined platform.
Positive
- Secured approximately 68% of Veloce issued equity
- Veloce expected to add $20 million annual revenue starting Q1 2026
- Veloce reported 153% YoY revenue growth (2023–2024)
- Quadrant audience nearly 7 million followers
- Veloce ecosystem generates over 500 million monthly views
Negative
- Extending a global offer to buy remaining minority equity
- Completed additional share purchases to reach supermajority control
Key Figures
Market Reality Check
Peers on Argus
SEGG fell 5.88% while peers were mixed: ROLR -5.13%, BRAG -2.89%, GAMB -4.63%, LTRY +7.87%, JKPTF flat. Only BRAG showed momentum scanner activity, suggesting SEGG’s move was stock-specific rather than a coordinated sector rotation.
Previous Acquisition Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 17 | Veloce acquisition close | Positive | +23.3% | Closed $61M Veloce acquisition adding >$20M annual revenue and consolidation. |
| Jan 30 | Acquisition plan update | Positive | -8.4% | Outlined February–March closings for Veloce, Nook, and Ant Media acquisitions. |
| Nov 20 | Ant Media stake deal | Positive | -8.2% | Agreed to acquire 51% of Ant Media & Productions and secure streaming rights. |
| Sep 24 | Racing Women acquisition | Positive | -1.2% | Planned 51% stake in Racing Women to bolster women’s motorsport strategy. |
| Aug 28 | Veloce-Quadrant update | Positive | -5.5% | Reported strong Veloce/Quadrant performance and option for 51% Veloce stake. |
Acquisition announcements for SEGG have mostly seen negative next-day moves, with only one strong positive reaction, indicating a mixed and often skeptical market response to M&A headlines.
Over the past year, SEGG has pursued an acquisition-led strategy, targeting motorsport and media assets. Key steps included plans to acquire Racing Women and a majority stake in Ant Media & Productions, and a strategic option and subsequent controlling acquisition of Veloce Media Group, valued at $53 million pre-money and later at $61 million. These deals aim to build a high-growth digital and motorsport ecosystem. The current supermajority Veloce update and leadership appointment build directly on this acquisition track.
Historical Comparison
In the past, SEGG’s acquisition headlines produced an average move of 0.02, with most seeing downside despite positive narratives. Today’s reaction fits that cautious pattern toward M&A news.
SEGG’s acquisitions progressed from options and minority stakes toward controlling and now supermajority ownership in assets like Veloce, while also pursuing stakes in Racing Women, Nook, and Ant Media to build a broader media ecosystem.
Market Pulse Summary
This announcement advances SEGG’s acquisition-led buildout of a motorsport and media platform. Securing 68% of Veloce and appointing its Quadrant CEO as SVP of sports business strengthens control and leadership around an asset expected to add $20 million in annual revenue and delivering 153% growth. Investors may track how consolidation, governance alignment, and monetization of Veloce’s 500 million monthly views translate into improved financial results.
Key Terms
supermajority financial
capital structure financial
AI-generated analysis. Not financial advice.
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.
As a result of completing the remaining tranches and additional share purchases, SEGG Media has now secured supermajority control of approximately
Quadrant, which MacLaurin co-founded alongside 2025 Formula One World Champion Lando Norris, combines competitive racing with creator culture and lifestyle branding. Together, they have driven a successful diversification of the business model from gaming to content and lifestyle around motorsport, securing larger blue-chip partnerships with companies such as Electronic Arts (EA), VISA, LEGO and E.ON, as well as significantly increasing revenues. Veloce Media Group reported a
Under MacLaurin’s stewardship, Quadrant has grown exponentially. The brand now has an audience of nearly 7 million followers, directly contributing to a wider Veloce digital ecosystem that generates over 500 million monthly views and drives substantial yearly financial growth. Veloce acquired Quadrant in July 2025.
Robert Stubblefield, Chief Financial Officer and Interim Chief Executive Officer and President of SEGG Media, stated: “The acquisition of a supermajority interest in Veloce materially strengthens our revenue base and positions us to consolidate a high-growth international media platform. Appointing Jamie as SVP of SEGG’s sports business ensures continuity of leadership and operational execution as we focus on disciplined growth, capital efficiency, and scalable monetization across our business units.”
Mr. MacLaurin added: "Taking a leadership position at SEGG Media at such a transformative time is really exciting for me. The Company’s portfolio of digital assets gives us the ultimate platform to scale our vision globally, bridging the gap between creator-led culture and top-tier sports entertainment in completely innovative ways. With the Company’s access to capital markets and its global asset portfolio, we are positioned to accelerate Veloce’s growth trajectory and expand our commercial footprint.”
Prior to his ventures with Veloce and Quadrant, MacLaurin began his career as a sports agent, representing elite international athletes.
About SEGG Media
Sports Entertainment Gaming Global Corporation (Nasdaq: SEGG, LTRYW) is a global sports, entertainment, and gaming group operating a portfolio of digital and experiential assets including Sports.com, Concerts.com, TicketStub.com, Lottery.com, and Veloce Media Group. Through its expanding ecosystem of media, live experiences, gaming platforms, and creator-led content, the Company connects global audiences to the sports, events, and interactive entertainment they love. Focused on disciplined execution, ethical gaming, and scalable revenue generation, SEGG Media is building an integrated platform designed to drive sustainable growth and long-term shareholder value.
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, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. 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, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, 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.
FAQ
What stake did SEGG (NASDAQ: SEGG) acquire in Veloce on February 24, 2026?
How much revenue will Veloce contribute to SEGG's (SEGG) consolidated results and when?
What role will Jamie MacLaurin hold at SEGG (SEGG) after the acquisition of Veloce?
Why is SEGG (SEGG) extending a global offer for remaining Veloce minority equity?
How has Veloce's business performance trended prior to SEGG's takeover of control (SEGG)?
