SEGG Media Announces Leadership Changes to Drive Growth

About this update from Sports Entertainment Gaming Global Corporation

[{"type":"text","content":"FORT WORTH, Texas, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. DBA: SEGG Media Corporation (Nasdaq: SEGG, LTRYW) (“SEGG Media” or “the Company”) today has taken the next step in its growth strategy by announcing changes to its leadership structure. The Company’s Board of Directors (the “Board”) has terminated its Chief Executive Officer, Secretary and President Matthew McGahan, and removed him as Chairman effective immediately. The Board unanimously appointed SEGG Media’s Chief Financial Officer Robert Stubblefield as Interim CEO, Secretary and President and voted Marc Bircham into the position of Chairman. McGahan will remain as a Company Director until the expiration of his term at the next annual meeting of shareholders, which is expected to be held before the end of the year. SEGG Media is entering a new phase of growth and revenue expansion, leveraging the strength of its core digital properties, including Sports.com, Concerts.com and Lottery.com. Throughout 2025, the Company has prioritized rapid scaling across its portfolio; this strategy is already delivering results, with more than 102 million views achieved across all platforms. Following today’s announcement, the Company is now positioned to accelerate revenue growth by strengthening the foundational elements of the business while advancing the strategic acquisitions planned in the coming months. The leadership changes are designed to support these transactions, enhance operational discipline, and ensure their successful completion. Stubblefield, a seasoned C-suite executive, has more than two decades of senior leadership experience across both private and public companies, including recent CFO roles at DeMeta, Inc. and Regnum Corp. Since joining as Chief Financial Officer in July 2023, he has strengthened the Company’s financial position and operational foundations, enabling SEGG Media to shift its focus toward creating shareholder value through growth, strategic acquisitions, and innovative scaling initiatives. Robert Stubblefield, CFO and Interim CEO of SEGG Media, said: “I’m stepping into this role with clear directives: to ensure financial stability, deliver on our commitments, and rebuild shareholder value. That starts with getting back to the fundamentals of growing revenue responsibly, operating with financial discipline, and focusing relentlessly on bu...

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