SEGG News & Events

Sports Entertainment Gaming Global announced the nomination of Daniel Bailey, Co-Founder and Chief Executive Officer of Veloce Media Group, to the SEGG Media Board of Directors, in connection with the Company's acquisition of Veloce.

Sports Entertainment Gaming Global Corporation announced that it has filed a civil lawsuit in Tarrant County District Court against four firms the company believes participated in coordinated and unlawful trading activity designed to artificially suppress the company's share price and damage shareholder value. Marc Bircham, Chairman of the SEGG Media board, said: "This company will not tolerate illegal trading behavior that harms our shareholders. We have spent months building the evidentiary record, and we are now acting. This lawsuit sends a clear message: SEGG Media will aggressively defend the integrity of its stock and pursue accountability wherever the facts lead."

Sports Entertainment Gaming Global Corporation announced that Simon Lewis has been appointed Executive Vice President of Entertainment for SEGG Media and CEO of DotCom Ventures Inc., the subsidiary which is doing business as both Concerts.com and TicketStub.com, as the Company advances Concerts.com and TicketStub.com from development into commercial execution. Lewis previously served as an advisor to the Company and now assumes expanded operational responsibility across SEGG Media's entertainment portfolio, including the strategic development and execution of both Concerts.com and TicketStub.com. This reflects the Board's focus on accelerating commercialization and disciplined platform launches.

Sports Entertainment Gaming Global Corporation provided an update on its previously announced 90-day execution plan, reaffirming its near-term focus on completing announced acquisitions, strengthening core operations, and allocating capital with discipline and accountability. "As part of the company's execution roadmap, SEGG Media expects to close on the acquisition of a controlling interest in Veloce Esports Limited in February, subject to customary closing conditions. The company also expects to complete the acquisition of Nook Holdings, Limited in March, further advancing its strategy of assembling cash-generative and strategically aligned operating assets. After a review of the proposed acquisition of controlling interest in Ant Media & Productions, the company added completion of the transaction to its 90-day execution plan and projects closure before the end of March," the company stated. Marc Bircham, Chairman of the SEGG Media Board of Directors, said, "The company is laser-focused on delivery. We have narrowed our priorities to a defined set of transactions and operational objectives, and we are executing against them with clear timelines and accountability. Closing these acquisitions is a critical step toward building a stable, scalable platform for long-term value creation."