SEGG Media Closes $61M Veloce Acquisition, Adds $20M+ in Annual Revenue and Strengthens Revenue Base
Sports Entertainment Gaming Global Corporation (SEGG)
Company Research
Source: GlobeNewswire
A Media Snippet accompanying this announcement is available by clicking on this link. FORT WORTH, Texas, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation (NASDAQ: SEGG, LTRYW) (the “Company” or “SEGG Media”) today announces the successful completion of its previously disclosed acquisition of a controlling interest in Veloce Media Group (“Veloce”), a leading global sports, gaming, and digital media platform. The acquisition, which values Veloce at approximately $61 million (£45 million), was completed through a blend of cash consideration and SEGG Media equity. The transaction is projected to contribute more than $20 million in additional annual revenue which SEGG Media will begin recognizing and report in the first quarter of this year. This acquisition marks a significant inflection point in SEGG Media’s strategic transformation into a scaled, revenue-generating global sports, entertainment, and gaming group. Completing on the acquisition of Vel
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SEGG
News
- SEGG Media Highlights Veloce's Diversified Revenue Engine Following $61 Million Majority Acquisition [Yahoo! Finance]Yahoo! Finance
- SEGG Media Highlights Veloce’s Diversified Revenue Engine Following $61 Million Majority AcquisitionGlobeNewswire
- SEGG Media Appoints Quadrant CEO Jamie MacLaurin as Senior Vice President Following Supermajority Acquisition of Veloce Media GroupGlobeNewswire
- SEGG Media Nominates Daniel Bailey to Board of Directors Following Majority Acquisition of Veloce Media GroupGlobeNewswire
- SEGG Media Unlocks $20M+ in Annual Revenue by Finalizing Terms to Secure Controlling Interest in Veloce Media GroupGlobeNewswire
SEGG
Sec Filings
- 3/2/26 - Form 8-K
- 2/23/26 - Form 8-K
- 2/19/26 - Form 8-K
- SEGG's page on the SEC website