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SEGG Media (NASDAQ: SEGG) agreed binding terms to acquire a controlling interest in Veloce Media Group, with closing targeted for February 17, 2026. The deal values Veloce at approximately $61 million and is expected to add more than $20 million of annual revenue beginning Q1 2026. Consideration is a blend of cash and SEGG common shares priced at $10 per share. Veloce reported $17.5 million in its latest period and drives over 500 million views per month across esports, motorsport, and brand partnerships. Closing remains subject to final legal review and customary conditions.
Summary not available.
SEGG Media (NASDAQ: SEGG) appointed Simon Lewis as Executive Vice President of Entertainment and CEO of DotCom Ventures, operator of Concerts.com and TicketStub.com, effective Feb 5, 2026. Lewis will lead commercialization and launch execution as the company advances its entertainment platforms from development into commercial operation.
He joins from senior roles including President of Live Nation Europe and will oversee live entertainment strategy, partnerships, and platform growth to accelerate disciplined platform launches.
Sports Entertainment Gaming Global (NASDAQ: SEGG) updated its 90-day execution plan, prioritizing completion of three acquisitions: a controlling interest in Veloce (expected February), Nook (expected March), and a controlling interest in Ant Media & Productions (expected by end of March). Veloce is valued at $53 million pre-money. The plan emphasizes consolidation, integration planning, tighter financial controls, targeted international investment beginning in Mexico, and disciplined capital allocation. The company says Nook is profitable and will support a MENA presence via DMCC partnership, and that Sports.com Studios will be the exclusive global streaming partner (excluding MENA) for the "Special Forces Trilogy" once Ant Media closes.
SEGG Media (NASDAQ: SEGG) announced that the U.S. District Court for the Middle District of Florida dismissed the remaining claims in legacy litigation on January 28, 2026, after previously dismissing all federal claims. The dismissal was without prejudice for lack of subject matter jurisdiction, and the case was ordered closed.
The Company characterized the decision as a procedural jurisdictional outcome. Management said the ruling reduces legacy litigation overhang while the new team focuses on executing its strategy, developing core assets (Sports.com, Concerts.com, TicketStub.com, Lottery.com), pursuing cash-generative acquisitions, and driving revenue growth.
Summary not available.
Lottery.com (Nasdaq: SEGG, LTRYW) closed a registered direct offering on January 20, 2026 of 2,449,857 common shares for gross proceeds of approximately $1.7 million, priced using the five‑day average closing price prior to January 16, 2026.
The company intends to use net proceeds for general working capital and to fund previously announced acquisitions of revenue‑generating, profitable, cash‑flow positive businesses. Dawson James Securities acted as sole placement agent.
The company withdrew two prior financings, agreed in principle to terminate the Evergreen note (received $500,000 in December) and terminated a $150 million loan agreement with United Capital Investments London, and does not expect material dilution from the UCIL termination.
SEGG Media (NASDAQ: SEGG) reported that as exclusive streaming partner of Super League Kerala (SLK) it live-streamed 33 matches over 77 days, reaching more than 150 million viewers via its Sports.com app, website and social channels during SLK Season 2, which concluded with the final on December 19, 2025. The SLK opener served as Sports.com's first major live-streamed football event and a strategic beta to validate the platform's next-generation streaming capabilities—technology acquired in September 2024 with S&MI Ltd. SEGG Media said viewership exceeded expectations and announced plans to scale up in 2026, focusing on commercializing live sports streaming, sponsorship and advertising, audience monetization, multi-regional expansion, and coverage of three additional sports genres across India and MENA.
SEGG Media (NASDAQ: SEGG) closed a $2.5 million securities purchase under an S-3 declared effective Nov 28, 2025, to fund a $5 million 90-day initiative plan announced Dec 11, 2025.
Key items include completing remaining tranches to acquire a controlling interest in Veloce Media Group (valued at $53 million pre-money), securing IP for Concerts.com and TicketStub.com, investing in Mexico gaming operations, and continuing development of Sports.com All-Sports Arena in Boca Raton (projected >$6 million EBITDA first year). The company projects Veloce will add nearly $20 million in annual revenue starting Q1 2026. Details of the securities purchase are in the Form 8-K filed Dec 4, 2025.
SEGG Media (Nasdaq: SEGG) announced leadership changes on December 1, 2025: the Board removed Matthew McGahan as CEO, Secretary, President and Chairman and appointed CFO Robert Stubblefield as Interim CEO, Secretary and President, with Marc Bircham named Chairman. McGahan will remain a director until the next annual meeting expected before year-end. The company reported > 102 million views across its digital properties in 2025 and said the leadership moves aim to accelerate revenue growth, advance planned acquisitions, and strengthen operational and financial discipline.
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