SEGG Media Takes Majority Stake in $10 Million Acquisition of Concerts.com and TicketStub.com

About this update from Sports Entertainment Gaming Global Corporation

[{"type":"text","content":"The Future of Ticketing, Streaming, and Events — Live Now and Ready to Scale\nFORT WORTH, Texas, July 23, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a leading technology company transforming the global intersection of sports, entertainment and gaming today announced that it has completed its acquisition of a majority and controlling interest in DotCom Ventures Inc (“DVI”) which owns the Concerts.com and TicketStub.com brands. The transaction placed an initial valuation on DVI of $10 million and adds a third pillar to the Company’s rapidly expanding digital portfolio alongside Sports.com and Lottery.com. The Company’s purchase of 51% of DVI marks the first completed M&A transaction under the SEGG Media name and establishes its foothold in the high-growth live entertainment, ticket sales, and distribution sectors, which will include both the primary and 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.comFirst fully executed acquisition under SEGG Media “buy and build” strategyConcerts.com becomes core platform for fan discovery, ticketing, live streaming, and immersive event accessTicketStub.com to power ticketing for Sports.com and Concerts.comSeamless integration of Concerts.com with Sports.com and Sports.com Studios to support content, hospitality, and gamified experiencesSupports crossover activations between gaming, esports (Veloce, Quadrant), football (Kerala League), and music festivalsRecruitment underway for top-tier industry leaders to consult and scale Concerts.com and TicketStub.com over the next 3–6 months “Closing this deal is a major milestone and transformational for SEGG Media. With Concerts.com, we’re not just adding another brand — we’re laying the final cornerstone in a unified platform where content, commerce and live events converge. This is the first of many,” said Matthew McGahan, CEO of SEGG Media. “We’re already driving momentum across our ecosystem — and Concerts.com and the TicketStub.com platform will unlock massive value across sports, streaming, ticket sales, content distribution and global fan engagement.” The acquisition comes amid rapid growth in the secondary ticketing market. According to a 2024 report by ...

More updates from Sports Entertainment Gaming Global Corporation