SEGG Media Corporation Reports Growth Following Veloce Investment and Quadrant Acquisition

SEGG Media Corporation (NASDAQ: SEGG, LTRYW) has reported continued growth across its portfolio following its investment in Veloce Media Group and Veloce's subsequent acquisition of creator-led brand Quadrant, co-founded by Formula 1 driver Lando Norris. This strategic move has significantly enhanced SEGG's position in the sports, gaming, and digital media landscape. Quadrant has recently secured partnerships with major brands including Electronic Arts, T-Mobile, Lego, NordVPN, Revolut, and Swarovski, strengthening its role as a premier platform in these sectors.

Veloce, which operates the world's largest racing and gaming media network with over 750 million monthly digital views, reported £12.8 million ($17.5 million) in revenue for the year ending June 2024. This represents a remarkable 153% increase year over year, with momentum expected to continue into 2025. The growth demonstrates the effectiveness of SEGG's investment strategy and the synergies created through the acquisition of Quadrant. More information about SEGG's corporate developments can be found at http://ibn.fm/SEGG.

SEGG Media holds a call option to acquire a 51% majority stake in Veloce, positioning the company for long-term growth in next-generation sport and entertainment. This option provides SEGG with significant leverage and potential for expansion in the rapidly evolving digital media market. The company's portfolio includes digital assets such as Sports.com, Concerts.com, and Lottery.com, all focused on immersive fan engagement, ethical gaming, and AI-driven live experiences. The full press release detailing these developments is available at https://ibn.fm/kSEmS.

The implications of this announcement are substantial for investors and the broader digital media industry. SEGG's strategic positioning through its Veloce investment and Quadrant acquisition demonstrates a forward-thinking approach to capturing market share in the growing intersection of sports, gaming, and entertainment. The 153% revenue growth at Veloce indicates strong market demand for racing and gaming content, while the partnerships secured by Quadrant with major global brands validate the platform's value proposition. This growth trajectory suggests potential for continued expansion and market leadership in the digital sports and entertainment space.