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Posted On: 09/03/2025 4:39:39 PM
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NetworkNewsBreaks – SEGG Media Corporation (NASDAQ: SEGG, LTRYW) Advances Growth Strategy With $450M Financing and Acquisition Pipeline
SEGG Media (NASDAQ: SEGG, LTRYW), a sports, entertainment and gaming conglomerate that owns Sports.com, Concerts.com and Lottery.com, announced it has entered the next phase of its growth strategy with a stronger capital structure, $450 million in committed financing and an active pipeline of accretive acquisitions. The Company is in advanced discussions with Veloce Media Group, Nook Holdings and other global sports and entertainment assets as it looks to accelerate market penetration, user growth and revenue recognition. Supported by its premium domains and recent technology developments, SEGG Media is executing an aggressive expansion plan across sports, live entertainment, iGaming and digital media. Chairman and CEO Matthew McGahan said the Company has transitioned from milestones to “landmark strides” that are already producing revenue and profits, positioning SEGG Media to deliver immediate results while building long-term shareholder value.
NOTE TO INVESTORS: The latest news and updates relating to SEGG are available in the company’s newsroom at https://nnw.fm/SEGG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
SEGG Media (NASDAQ: SEGG, LTRYW), a sports, entertainment and gaming conglomerate that owns Sports.com, Concerts.com and Lottery.com, announced it has entered the next phase of its growth strategy with a stronger capital structure, $450 million in committed financing and an active pipeline of accretive acquisitions. The Company is in advanced discussions with Veloce Media Group, Nook Holdings and other global sports and entertainment assets as it looks to accelerate market penetration, user growth and revenue recognition. Supported by its premium domains and recent technology developments, SEGG Media is executing an aggressive expansion plan across sports, live entertainment, iGaming and digital media. Chairman and CEO Matthew McGahan said the Company has transitioned from milestones to “landmark strides” that are already producing revenue and profits, positioning SEGG Media to deliver immediate results while building long-term shareholder value.
NOTE TO INVESTORS: The latest news and updates relating to SEGG are available in the company’s newsroom at https://nnw.fm/SEGG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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