Company Continues Diversified Growth Strategy Across Global Sports, Entertainment and Digital Media Platform
FORT WORTH, Texas, July 14, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation ("SEGG Media" or the "Company") (NASDAQ: SEGG, LTRYW), today provided an update on growth of its business following its strategic acquisition of Veloce Media Group ("Veloce"), commercial expansion and operational execution into a diversified sports, entertainment and digital media platform.
In parallel with this business growth and operational execution, the Company has made substantial progress towards regaining full compliance with its financial reporting. Following the filing of its Annual Report on Form 10-K, the Company received a partial compliance letter from Nasdaq and now only has one financial report outstanding to regain full compliance, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. The Company remains committed to completing this outstanding report in short order.
While the Company works on its regulatory mandates, SEGG Media continues has expand well beyond its historical lottery operations, primarily through the Veloce acquisition, the continued development of Sports.com and Concerts.com, the advancement of Sports.com Predict, commercial growth through Quadrant, and the strengthening of its executive leadership team. Together, these initiatives have established a diversified operating platform supported by complementary revenue streams across digital advertising, sponsorship, commerce, creator services, motorsport, esports and gaming.
SEGG Media Transformation at a Glance
Since the beginning of 2026, SEGG Media has:
Completed the acquisition of Veloce Media Group, expanding the Company's presence across sports, motorsport, gaming and creator-led media.
Built a diversified, multi-pillar revenue model spanning digital advertising, sponsorships, creator representation, esports services, direct-to-consumer commerce, branded merchandise and gaming.
Expanded its owned media ecosystem to more than 500 million monthly digital views across sports, motorsport, gaming and creator-led content.
Expanded its operating platform to approximately $131.5 million in pro forma assets, reflecting the increased scale of the combined business.
Diversified its revenue across advertising, sponsorship, commerce, creator services, esports and gaming.
Added commercial relationships with globally recognized brands including Microsoft, Visa, Hilton, LEGO, McLaren and Revolut through Veloce.