NetworkNewsBreaks – SEGG Media Corporation (NASD
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Posted On: 08/01/2025 4:44:54 PM
NetworkNewsBreaks – SEGG Media Corporation (NASDAQ: SEGG, LTRYW) Relaunches Aganar in Mexico to Drive LATAM Expansion
SEGG Media (NASDAQ: SEGG, LTRYW), owner of Sports.com, Concerts.com and Lottery.com, announced the relaunch of its Aganar operations in Mexico under its license to sell lottery draw games offered by the Mexican National Lottery. Aganar, operated by subsidiary Medios Electrónicos Y De Comunicación, has been a licensed online retailer in Mexico since 2007. The reactivation is expected to generate $5.2 million in revenue with an 18% annual growth trajectory and serves as the first step in SEGG Media’s broader Latin America expansion strategy. Chairman and CEO Matthew McGahan said the relaunch demonstrates tangible progress in the turnaround of Lottery.com and positions the company to scale operations globally, supported by $450 million in committed financing facilities.
NOTE TO INVESTORS: The latest news and updates relating to SEGG are available in the company’s newsroom at http://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), owner of Sports.com, Concerts.com and Lottery.com, announced the relaunch of its Aganar operations in Mexico under its license to sell lottery draw games offered by the Mexican National Lottery. Aganar, operated by subsidiary Medios Electrónicos Y De Comunicación, has been a licensed online retailer in Mexico since 2007. The reactivation is expected to generate $5.2 million in revenue with an 18% annual growth trajectory and serves as the first step in SEGG Media’s broader Latin America expansion strategy. Chairman and CEO Matthew McGahan said the relaunch demonstrates tangible progress in the turnaround of Lottery.com and positions the company to scale operations globally, supported by $450 million in committed financing facilities.
NOTE TO INVESTORS: The latest news and updates relating to SEGG are available in the company’s newsroom at http://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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