SEGG Media reports strong second-quarter growth, driven by partnerships and revenue increases from Veloce Media Group and Quadrant.
Quiver AI Summary
SEGG Media has reported strong commercial growth in the second quarter of 2026, bolstered by partnerships and revenue contributions from its recent acquisition of Veloce Media Group. The $61 million acquisition is expected to generate approximately $20 million in annual revenue and has enabled SEGG Media to enhance its commercial strategy through partnerships in gaming, motorsports, and consumer brands. Quadrant, co-founded by Formula 1 World Champion Lando Norris, has secured new collaborations, including a deal with That Prize Guy and expanded ties with Marex and Revolut, focusing on innovative content and fan engagement. The company's CEO emphasized the positive impact of these partnerships and the increasing demand for engaging media platforms, positioning SEGG Media for sustained revenue growth throughout 2026.
Potential Positives
- Strong commercial momentum in Q2 2026 highlighted by growth and partnership activity across Veloce Media Group and Quadrant.
- Successful acquisition of Veloce for $61 million expected to add approximately $20 million in annual revenue.
- New partnerships with leading brands such as Marex and Revolut further enhance Quadrant's appeal and brand engagement opportunities.
- High-profile collaborations with globally recognized brands like Audi, Puma, and Xbox demonstrate Veloce’s capability in delivering premium creator-led campaigns.
Potential Negatives
- There's significant reliance on forward-looking statements, which introduce uncertainties about future operations and prospects, indicating potential volatility for investors.
- The press release mentions various risks and uncertainties including regulatory and operational challenges that could affect the company's performance and compliance with Nasdaq Listing Rules, raising concerns about its stability.
- Despite highlighting strong partnerships and expected revenue contributions, the reliance on these future developments may signal potential weaknesses if they do not materialize as planned.
FAQ
What is SEGG Media's recent acquisition?
SEGG Media acquired Veloce Media Group for $61 million, adding approximately $20 million in annual revenue.
How has SEGG Media performed in Q2 2026?
The company reported strong commercial momentum with significant partnership activity and revenue growth in the second quarter of 2026.
Who is involved in the Quadrant brand?
Quadrant was co-founded by Formula 1 World Champion Lando Norris and focuses on motorsport and lifestyle branding.
What partnerships has Quadrant formed recently?
Quadrant has partnered with That Prize Guy, Marex, and expanded its agreement with Revolut to engage motorsport audiences.
What are SEGG Media's future expectations?
SEGG Media anticipates sustained revenue contributions from its partnerships as it explores additional growth opportunities through digital media platforms.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SEGG Hedge Fund Activity
We have seen 8 institutional investors add shares of $SEGG stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC added 100,832 shares (+556.7%) to their portfolio in Q1 2026, for an estimated $63,524
- DRW SECURITIES, LLC removed 58,609 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $36,923
- HRT FINANCIAL LP added 27,963 shares (+inf%) to their portfolio in Q1 2026, for an estimated $17,616
- NORTHERN TRUST CORP removed 21,393 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $15,616
- XTX TOPCO LTD added 15,180 shares (+inf%) to their portfolio in Q1 2026, for an estimated $9,563
- GOLDMAN SACHS GROUP INC added 15,054 shares (+inf%) to their portfolio in Q1 2026, for an estimated $9,484
- TWO SIGMA INVESTMENTS, LP removed 12,885 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $8,117
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
FORT WORTH, Texas, June 18, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”) today highlighted strong commercial momentum during the second quarter of 2026, driven by continued growth and partnership activity across Veloce Media Group and Quadrant.
The quarter was marked by high-profile partnership announcements, deeper brand integrations, and clear contributions to revenue growth, reinforcing the strategic value of SEGG Media’s acquisition of Veloce.
Since completing the $61 million transaction in Q1, which added approximately $20 million in annual revenue, SEGG Media has accelerated its commercial strategy as Veloce and Quadrant continue to attract partners across gaming, motorsport, financial services, and consumer brands, delivering high-impact campaigns across YouTube, social media, and live events.
Quadrant, co-founded by Formula 1 World Champion Lando Norris, has further strengthened its position as a leading next-generation motorsport and lifestyle brand through several new and expanded partnerships.
A new collaboration with That Prize Guy, one of the UK’s fastest-growing competition platforms, will combine Formula 1 access, premium experiences, creator-led content, and fan engagement campaigns across the Quadrant ecosystem. This aligns with Quadrant’s strategy to connect brands with highly engaged motorsport audiences through innovative experiences.
Quadrant also introduced Marex as its Official FX & Payments Partner. The relationship provides access to Formula 1 race experiences and premium B2B networking opportunities through the combined Quadrant and Veloce ecosystem, underscoring the platform’s growing appeal to blue-chip partners beyond traditional motorsport sponsorship.
In addition, Quadrant expanded its partnership with Revolut, building on a relationship that began in 2025. The continuing agreement will feature new digital content across social and long-form platforms, including a flagship piece with a Formula 1 driver, as well as a fan-focused VIP British Grand Prix giveaway. The partnership aims to drive audience engagement, brand awareness, and customer acquisition through premium motorsport content and experiences.
Together, these partnerships highlight Quadrant’s ability to connect both institutional and consumer brands with highly engaged, digitally native audiences while delivering measurable commercial outcomes.
Beyond those flagship partnerships, Veloce’s agency talent also delivered campaigns with a range of globally recognized brands, including Audi, Puma, KitKat, Fanta, Xbox and Ford, alongside existing relationships with Mercedes-Benz, Ferrari and Hilton Hotels.
These collaborations further demonstrate Veloce’s ability to deliver premium creator-led campaigns for some of the world’s most prominent consumer and automotive brands through its creator-led, digital-first media ecosystem.
“We continue to see strong commercial execution across Veloce and Quadrant, validating the strategic rationale behind the acquisition,” said Robert Stubblefield, Chief Executive Officer and Chief Financial Officer of SEGG Media . “The quality of partners joining the ecosystem, together with the growing demand from brands seeking authentic engagement with younger audiences, reinforces our confidence in the long-term growth opportunities within our sports and entertainment platform.”
SEGG Media expects these Veloce and Quadrant partnerships to deliver sustained revenue contributions throughout 2026, supported by a strong pipeline of additional opportunities currently in development as it capitalizes on increasing demand for culturally relevant, digitally native media platforms.
About SEGG Media Corporation
SEGG Media (Nasdaq: SEGG, LTRYW) is a global sports, entertainment, and gaming group operating a portfolio of digital assets including Sports.com, Concerts.com, TicketStub.com, Lottery.com, and Veloce Media Group. Focused on immersive fan engagement, ethical gaming, and AI-driven live experiences, SEGG Media is redefining how global audiences interact with the content they love.
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, including statements regarding the Company’s strategy, future operations, prospects, plans, objectives, product rollout, market availability, sponsorship integration, fan engagement opportunities and expected future updates, are forward-looking statements. Words such as “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “continue,” “expand,” “launch,” “rollout,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties, many of which are difficult to predict and beyond the Company’s control. These risks and uncertainties include, without limitation, regulatory, operational and commercial considerations in each market in which Sports.com Predict may be made available; the Company’s ability to implement and scale technology, product, sponsorship and marketing initiatives; the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to maintain compliance with Nasdaq Listing Rules and become or remain current with its SEC reports; and the other risks and uncertainties discussed under the heading “Risk Factors” in the Company’s filings with the SEC. Additional information concerning these and other factors that may impact the matters discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC, which are available publicly at www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed or implied by any forward-looking statements. Except as required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by this cautionary statement.
This press release was published by a CLEAR® Verified individual.