Trending...
- Why Have PPO Plans Vanished from Nevada's Individual Market? - 101
- Health Insurance Benefits for American Indians
- Green Office Partner Named #1 Best Place to Work in Chicago by Crain's for 2025
SEGG Media (N A S D A Q: SEGG) $SEGG Also Moves on $10 Million Acquisition of GXR World Sports Assets to Energize Global Launch of Sports.com Super App
FORT WORTH, Texas - nvtip -- Mobile & Online Platforms Enable Players and Commercial Partners in the U.S. and Internationally to Remotely Purchase Legally Sanctioned Lottery Games.
Real-Time Results for Over 800 Games from Over 40 Countries.
Family of Brands Including Sports.com, Concerts.com, and TicketStub.com, to Form a Unified Ecosystem That Integrates Gaming, Entertainment and Sports.
Strategic 1-for-10 Reverse Stock Split to Accelerate Company Growth.
Completed Deal Taking Controlling Stake in $10M Acquisition of Concerts.com and TicketStub.com.
$14M Expansion Deal with David Lloyd for New Boca Raton Sports.com All-Sports Arena with Elite Fitness, Co-Working Innovation and World-Class Design.
$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App.
SEGG Media (N A S D A Q: SEGG, LTRYW) is a global sports, entertainment and gaming group operating digital assets such as Sports.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.
The SEGG engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. Fans and subscribers look to SEGG for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, SEGG is fundamentally changing how non-profit donors are incentivized to action by gamifying charitable giving.
The SEGG family of brands — including Sports.com, Concerts.com, and TicketStub.com, is a unified ecosystem that integrates gaming, entertainment and sports.
More than just an app, but a complete lottery experience on the phone, SEGG gives users instant access to all the winning numbers, jackpot sizes, and draw times for all their favorite lotteries.
Strategic 1-for-10 Reverse Stock Split to Accelerate Company Growth
On August 27th SEGG announced a 1-for-10 reverse split of its issued and outstanding common stock. The reverse split is expected to take effect at the opening of trading on August 29, 2025, subject to final coordination with N A S D A Q, FINRA, and the Company's transfer agent. SEGG has obtained a new CUSIP number in connection with this action.
This reverse stock split represents a deliberate structural step in the SEGG post-turnaround evolution, aimed at creating a stronger foundation for sustained growth, institutional engagement, and value creation for shareholders. SEGG shareholders overwhelmingly approved a proposal authorizing a reverse stock split at the last annual meeting held on February 20, 2025.
More on nvtip.com
The SEGG reverse stock split is intended to advance three objectives:
Enhancing Institutional and Algorithmic Access: By targeting a sustained share price above $5.00, SEGG aims to attract a broader base of institutional investors, benefit from trading algorithms that favor higher-priced securities, and access favorable financing opportunities to fuel expansion.
Strengthening Market Structure: A higher SEGG share price range supports engagement with top-tier market makers, creating more consistent liquidity, tighter spreads, and steadier trading volumes that benefit all investors.
Mitigating Market Manipulation: The SEGG reverse stock split and CUSIP change reinforce the Company's ongoing measures to limit short-selling and naked short activity. SEGG has retained Paul Hastings LLP to lead an investigation into stock manipulation. The reverse stock split is intended to further distance the Company's securities from a strike price often preyed upon by bad actors and short-selling day traders.
Unlike companies compelled to reverse split to maintain their listing, the SEGG decision is proactive, reflecting the Company's strategic approach following a successful turnaround. SEGG anticipates strong support from United Capital Investments London Limited and Generating Alpha Ltd, which have collectively committed $450 million to the Company's growth, and expects the decision to appeal to new investors seeking exposure to a robust, scaled digital media platform.
The reverse stock split also strengthens SEGG capacity to execute on strategic acquisitions, including Veloce Media Group and Nook Holdings, and to accelerate operational expansion and revenue growth across the entertainment and gaming sectors, both domestically and internationally.
Immersive New Website, Driving AI Innovation, Revenue Growth, and Strategic Move Into Sports-Centric Crypto Exchange & Tokenomics
On August 4th SEGG announced that its Sports.com division launched its all-new website, unveiling an immersive sphere design built to supercharge fan engagement, unlock new revenue streams, and spearheading SEGG and Sports.com towards AI-powered sports experiences, while exploring a sports-centric crypto exchange and tokenomics opportunities. The new website is available at https://www.sports.com.
SEGG Media Completes $10 Million Acquisition of GXR World Sports Platform
On July 31st SEGG announced it has completed a $10 million acquisition of the technology assets and current active user base of more than 1,000,000 from GXR Racer Holdings Limited. The Transaction marks the second SEGG completed acquisition in July following the earlier acquisition of Concerts.com. The total pre-money valuation of the completed July transactions was $20 million.
Integration between the GXR platform and the SEGG Sports.com app will result in the Sports.com Super App. The platform will offer an all-in-one digital ecosystem built for the modern sports audience combining live streaming; community chat hubs; stats-based social media; e-commerce; real-money and fantasy sports gaming; real time translations; and sports news. In a 2024 study released by Comcast Advertising, avid sports fans spend an average of five hours per week on sports beyond just watching live matches and casual fans spend two hours consuming non-game sports content.
More on nvtip.com
SEGG Media Takes Controlling Stake in $10M Acquisition of Concerts.com and TicketStub.com
On July 23rd SEGG announced it has completed its acquisition of taking majority and controlling interest in DotCom Ventures Inc. (DVI), which owns Concerts.com and TicketStub.com. DVI valued at $10 million and SEGG control over Concerts.com and TicketStub.com, adds a third pillar to the Company's rapidly expanding digital portfolio alongside Sports.com and Lottery.com. The acquisition, completed through the purchase of 51% of DotCom Ventures Inc. (DVI), marks the first SEGG completed M&A transaction and establishes its foothold in the high-growth live entertainment, ticket sales and distribution sectors, which includes the booming secondary ticketing markets.
Key Deal Highlights:
$10M acquisition officially closed, including 51% of DotCom Ventures Inc. and all IP/assets of Concerts.com and TicketStub.com.
First fully executed acquisition under SEGG "buy and build" strategy.
Concerts.com becomes core platform for fan discovery, ticketing, live streaming, and immersive event access.
TicketStub.com to anchor secondary ticketing + expand into primary markets.
Seamless integration with Sports.com and Sports.com Studios to support content, hospitality, and gamified experiences.
Supports crossover activations between gaming, esports (Veloce, Quadrant), football (Kerala League), and music festivals.
Recruitment underway for top-tier industry leaders to consult and scale Concerts.com and TicketStub.com over the next 3–6 months.
SEGG Media and David Lloyd Announce $14M U.S. Expansion Deal
On July 9th SEGG announced it signed a binding Letter of Intent with David Lloyd, one of the most iconic names in British and European sport and wellness. The terms allow SEGG to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL at a $14 million valuation.
$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App
On June 26th SEGG announced it is advancing its global expansion with the planned launch of the Sports.com Super App (the "Super App")—a first-of-its-kind digital destination for sports fans worldwide. The Super App is designed to combine live streaming, social engagement, e-commerce and gamification into a single immersive ecosystem.
SEGG Media Expands Committed Financing with Generating Alpha to $300 Million
On June 23rd SEGG announced an Amendment to its Stock Purchase Agreement with Generating Alpha Ltd., expanding the committed financing facility from $100 million to $300 million, while reducing the discount Generating Alpha receives saving the Company nearly $12 million over the life of the funding facility.
For more information on $SEGG visit: www.seggmediacorp.com https://compasslivemedia.com/ltry/
Media Contact:
Company Name: SEGG Media, Inc. (N A S D A Q: SEGG, LTRYW)
Contact: Matthew McGahan, Chairman and CEO
Email: media@seggmediacorp.com
Phone: (737) 309-4500
Country: United States
Website: www.seggmediacorp.com
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website
Real-Time Results for Over 800 Games from Over 40 Countries.
Family of Brands Including Sports.com, Concerts.com, and TicketStub.com, to Form a Unified Ecosystem That Integrates Gaming, Entertainment and Sports.
Strategic 1-for-10 Reverse Stock Split to Accelerate Company Growth.
Completed Deal Taking Controlling Stake in $10M Acquisition of Concerts.com and TicketStub.com.
$14M Expansion Deal with David Lloyd for New Boca Raton Sports.com All-Sports Arena with Elite Fitness, Co-Working Innovation and World-Class Design.
$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App.
SEGG Media (N A S D A Q: SEGG, LTRYW) is a global sports, entertainment and gaming group operating digital assets such as Sports.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.
The SEGG engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. Fans and subscribers look to SEGG for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, SEGG is fundamentally changing how non-profit donors are incentivized to action by gamifying charitable giving.
The SEGG family of brands — including Sports.com, Concerts.com, and TicketStub.com, is a unified ecosystem that integrates gaming, entertainment and sports.
More than just an app, but a complete lottery experience on the phone, SEGG gives users instant access to all the winning numbers, jackpot sizes, and draw times for all their favorite lotteries.
Strategic 1-for-10 Reverse Stock Split to Accelerate Company Growth
On August 27th SEGG announced a 1-for-10 reverse split of its issued and outstanding common stock. The reverse split is expected to take effect at the opening of trading on August 29, 2025, subject to final coordination with N A S D A Q, FINRA, and the Company's transfer agent. SEGG has obtained a new CUSIP number in connection with this action.
This reverse stock split represents a deliberate structural step in the SEGG post-turnaround evolution, aimed at creating a stronger foundation for sustained growth, institutional engagement, and value creation for shareholders. SEGG shareholders overwhelmingly approved a proposal authorizing a reverse stock split at the last annual meeting held on February 20, 2025.
More on nvtip.com
- Premieres of 10th Annual NY Dog Film Festival & 8th Annual NY Cat Film Festival on Sunday, October 26, 2025 to Benefit Animal Lighthouse Rescue
- $20 Price Target in Noble Capital Research Report as Deal is Signed for NFL Yearbook Advertising Across 25 Stadiums for AI Powered Sports Leader $SEGG
- Phinge to Revolutionize Auctions With Netverse, a Platform for Real-Time Sales of Verified Goods & Services, Including the Option to Pay With Rewards
- 3E Launches First AI Agent Designed to Respond with Empathy for College Recruitment
- Security Alert: TZNXG Warns Investors About "Fund Recovery" Scams
The SEGG reverse stock split is intended to advance three objectives:
Enhancing Institutional and Algorithmic Access: By targeting a sustained share price above $5.00, SEGG aims to attract a broader base of institutional investors, benefit from trading algorithms that favor higher-priced securities, and access favorable financing opportunities to fuel expansion.
Strengthening Market Structure: A higher SEGG share price range supports engagement with top-tier market makers, creating more consistent liquidity, tighter spreads, and steadier trading volumes that benefit all investors.
Mitigating Market Manipulation: The SEGG reverse stock split and CUSIP change reinforce the Company's ongoing measures to limit short-selling and naked short activity. SEGG has retained Paul Hastings LLP to lead an investigation into stock manipulation. The reverse stock split is intended to further distance the Company's securities from a strike price often preyed upon by bad actors and short-selling day traders.
Unlike companies compelled to reverse split to maintain their listing, the SEGG decision is proactive, reflecting the Company's strategic approach following a successful turnaround. SEGG anticipates strong support from United Capital Investments London Limited and Generating Alpha Ltd, which have collectively committed $450 million to the Company's growth, and expects the decision to appeal to new investors seeking exposure to a robust, scaled digital media platform.
The reverse stock split also strengthens SEGG capacity to execute on strategic acquisitions, including Veloce Media Group and Nook Holdings, and to accelerate operational expansion and revenue growth across the entertainment and gaming sectors, both domestically and internationally.
Immersive New Website, Driving AI Innovation, Revenue Growth, and Strategic Move Into Sports-Centric Crypto Exchange & Tokenomics
On August 4th SEGG announced that its Sports.com division launched its all-new website, unveiling an immersive sphere design built to supercharge fan engagement, unlock new revenue streams, and spearheading SEGG and Sports.com towards AI-powered sports experiences, while exploring a sports-centric crypto exchange and tokenomics opportunities. The new website is available at https://www.sports.com.
SEGG Media Completes $10 Million Acquisition of GXR World Sports Platform
On July 31st SEGG announced it has completed a $10 million acquisition of the technology assets and current active user base of more than 1,000,000 from GXR Racer Holdings Limited. The Transaction marks the second SEGG completed acquisition in July following the earlier acquisition of Concerts.com. The total pre-money valuation of the completed July transactions was $20 million.
Integration between the GXR platform and the SEGG Sports.com app will result in the Sports.com Super App. The platform will offer an all-in-one digital ecosystem built for the modern sports audience combining live streaming; community chat hubs; stats-based social media; e-commerce; real-money and fantasy sports gaming; real time translations; and sports news. In a 2024 study released by Comcast Advertising, avid sports fans spend an average of five hours per week on sports beyond just watching live matches and casual fans spend two hours consuming non-game sports content.
More on nvtip.com
- Assent Unveils Extended Producer Responsibility Packaging Solution to Simplify Compliance with Expanding Packaging Laws
- KatalisCoin: "Too Secure" for Bad Actors - Platform Embraces "Excessive Compliance" Criticism
- Keyanb Exchange Implements Enhanced Security Protocols Amid Industry-Wide Trust Challenges
- TSWHZC Platform Combines Automated Portfolio Management with Proof of Reserves for Brazil Market Entry
- AureaVault Positions Digital Asset Infrastructure for Shifting Monetary Policy Environment
SEGG Media Takes Controlling Stake in $10M Acquisition of Concerts.com and TicketStub.com
On July 23rd SEGG announced it has completed its acquisition of taking majority and controlling interest in DotCom Ventures Inc. (DVI), which owns Concerts.com and TicketStub.com. DVI valued at $10 million and SEGG control over Concerts.com and TicketStub.com, adds a third pillar to the Company's rapidly expanding digital portfolio alongside Sports.com and Lottery.com. The acquisition, completed through the purchase of 51% of DotCom Ventures Inc. (DVI), marks the first SEGG completed M&A transaction and establishes its foothold in the high-growth live entertainment, ticket sales and distribution sectors, which includes the booming secondary ticketing markets.
Key Deal Highlights:
$10M acquisition officially closed, including 51% of DotCom Ventures Inc. and all IP/assets of Concerts.com and TicketStub.com.
First fully executed acquisition under SEGG "buy and build" strategy.
Concerts.com becomes core platform for fan discovery, ticketing, live streaming, and immersive event access.
TicketStub.com to anchor secondary ticketing + expand into primary markets.
Seamless integration with Sports.com and Sports.com Studios to support content, hospitality, and gamified experiences.
Supports crossover activations between gaming, esports (Veloce, Quadrant), football (Kerala League), and music festivals.
Recruitment underway for top-tier industry leaders to consult and scale Concerts.com and TicketStub.com over the next 3–6 months.
SEGG Media and David Lloyd Announce $14M U.S. Expansion Deal
On July 9th SEGG announced it signed a binding Letter of Intent with David Lloyd, one of the most iconic names in British and European sport and wellness. The terms allow SEGG to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL at a $14 million valuation.
$10 Million Acquisition of GXR World Sports Assets to Power Global Launch of Sports.com Super App
On June 26th SEGG announced it is advancing its global expansion with the planned launch of the Sports.com Super App (the "Super App")—a first-of-its-kind digital destination for sports fans worldwide. The Super App is designed to combine live streaming, social engagement, e-commerce and gamification into a single immersive ecosystem.
SEGG Media Expands Committed Financing with Generating Alpha to $300 Million
On June 23rd SEGG announced an Amendment to its Stock Purchase Agreement with Generating Alpha Ltd., expanding the committed financing facility from $100 million to $300 million, while reducing the discount Generating Alpha receives saving the Company nearly $12 million over the life of the funding facility.
For more information on $SEGG visit: www.seggmediacorp.com https://compasslivemedia.com/ltry/
Media Contact:
Company Name: SEGG Media, Inc. (N A S D A Q: SEGG, LTRYW)
Contact: Matthew McGahan, Chairman and CEO
Email: media@seggmediacorp.com
Phone: (737) 309-4500
Country: United States
Website: www.seggmediacorp.com
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website
Source: Corporate Ads
Filed Under: Entertainment
0 Comments
Latest on nvtip.com
- Bridging Traditional Finance and Web3 Innovation: BLFCW Announces Strategic Vision for Regulated Web3 Economy
- NKSCX Responds to "Coordinated Smear Campaign" as Anonymous Critics Emerge Following Regulatory Milestones
- Broadway Gala Honored Also an Italian
- $ONI Listed on MEXC as ONINO Powers Europe's Tokenization Engine Into Public Platform Launch
- AZETHIO Crypto Exchange Whitepaper Reveals MPC-Secured Infrastructure Processing 1.2 Million Transactions Per Second
- CELOXFI Platform Demonstrates Advanced Security Architecture and Regulatory Framework
- Work 365 Launches PV 3.0: The Keystone Power App for Microsoft CSPs
- Local consultant shows small businesses how to turn red tape into real money
- Tour Napa Like a Local: Vines of Napa Valley Wine Passport AKA Vine Pass Unlocks Hidden Gems
- From Casitas to Communities: 200+ BOXABL Units in the Works Since May 2025
- Dental Surgical Center Accepts Sedation Patients with Medicaid for MD, WV, PA and DC
- Sloan's Lake Dental Launches New Website to Enhance Patient Experience and Access to Modern Dental Care
- Only 3 Weeks Left till the Start of the OpenSSL Conference 2025
- ENTOUCH Completes $50 million Funding Round
- Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities; NASA agreements for Solar Space Tech; Ascent Solar $ASTI
- Nebuvex Acknowledges Platform "Too Secure" for Anonymous Traders; Institutional Investors Disagree
- From Tokyo to Berlin: FreeTo.Chat Unites Cultures with the World's First Confession VRX — EmojiStream™
- Visier's Vee for Microsoft Copilot Named a Top HR Product of the Year by HR Executive
- AZETHIO Launches Multi-Million Dollar User Protection Initiative Following Unprecedented Platform Growth
- Matecrypt Observes South American Cryptocurrency Adoption Surge Amid Economic Shifts