Curated News
By: NewsRamp Editorial Staff
February 13, 2026

SEGG Media to Acquire Veloce in $61M Deal, Boosting Global Sports & Gaming Platform

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Original Source

TLDR

  • SEGG Media's acquisition of Veloce Media Group for $61 million provides a controlling interest and over $20 million in annual revenue, strengthening its global sports and gaming platform.
  • SEGG Media will acquire a majority stake in Veloce Media Group through cash and $10-per-share common stock, with consolidation expected by February 17, 2026.
  • This acquisition helps SEGG Media build a diversified global platform focused on immersive fan engagement and ethical gaming, enhancing digital entertainment experiences worldwide.
  • SEGG Media, known for Sports.com and Lottery.com, is expanding its portfolio by acquiring Veloce Media Group to create a comprehensive digital media and gaming ecosystem.

Impact - Why it Matters

This acquisition represents a significant consolidation in the digital media and sports entertainment sector, with potential ripple effects for investors, consumers, and competitors. For investors, the deal could enhance SEGG's revenue streams and market valuation, making it a more attractive stock, while the projected $20+ million in annual revenue signals tangible growth. Consumers may benefit from more integrated and immersive experiences across sports, gaming, and digital content as SEGG leverages Veloce to expand its portfolio. In the broader industry, this move underscores the ongoing trend of media companies diversifying into interactive and gaming verticals to capture engaged audiences, potentially driving further mergers and innovations. The involvement of platforms like TinyGems highlights how specialized financial communications are crucial for small to mid-cap companies seeking visibility in competitive markets.

Summary

SEGG Media Corporation (NASDAQ: SEGG, LTRYW) has taken a major strategic leap by agreeing to binding terms to acquire at least a majority interest in Veloce Media Group, a transaction valued at approximately $61 million (£45 million). This acquisition, structured through a combination of cash and SEGG common shares priced at $10 per share, is scheduled to close on February 17, 2026. The deal is projected to inject more than $20 million in additional annual revenue starting in the first quarter of 2026, while granting SEGG a controlling interest for financial consolidation. Company leadership positions this move as a foundational step in building a diversified global sports, gaming, and digital media platform, signaling aggressive expansion ambitions.

The acquisition aligns with SEGG Media's core identity as a global sports, entertainment, and gaming group that operates a portfolio of prominent digital assets including Sports.com, Concerts.com, and Lottery.com. The company's focus on immersive fan engagement, ethical gaming, and AI-driven live experiences suggests that the Veloce integration will enhance its capacity to redefine how global audiences interact with content. For investors seeking the latest news and updates relating to SEGG, the company maintains a dedicated newsroom, accessible via the provided hyperlink. This resource is part of a broader communications ecosystem powered by IBN, which includes specialized platforms like TinyGems.

TinyGems, a specialized communications platform within the Dynamic Brand Portfolio @ IBN, serves as the publisher of this announcement. Focused on innovative small-cap and mid-cap companies, TinyGems leverages a vast network of solutions including wire distribution via InvestorWire, article and editorial syndication to over 5,000 outlets, enhanced press release services, and extensive social media distribution through IBN's millions of followers. This infrastructure ensures that news about strategic moves like SEGG's acquisition reaches a wide audience of investors, influencers, and the general public, cutting through market noise to provide unparalleled recognition and brand awareness for its clients.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, SEGG Media to Acquire Veloce in $61M Deal, Boosting Global Sports & Gaming Platform

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