Sports Entertainment Gaming Global Corp

CIK: 16734812 Annual ReportsLatest: 2026-07-10
Revenue: $559,590Net Income: -$20,303,608Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / July 10, 2026

Revenue:$559,590
Income:-$20,303,608

10-K / April 22, 2025

Revenue:N/A
Income:-$23,900,000

10-K / July 10, 2026

SEGG Media Global Corporation

Overview

SEGG Media Global Corporation (formerly Lottery.com Inc.; originally Trident Acquisition Corp.) is a global sports, entertainment and gaming company operating at the intersection of digital content, fan engagement, and regulated gaming. The company has transformed from a lottery-centric platform into a diversified media and interactive entertainment business focused on scalable, revenue-generating assets.

Strategy

  • Corporate reset to address legacy issues and shift toward diversified, monetizable platforms.
  • Growth through acquisitions and partnerships that bring existing revenue streams and international reach.
  • Emphasis on governance, internal controls, and a disciplined operating model aimed at near- to medium-term financial performance.

Brands and platforms

  • Premium domain brands:
    • Sports.com — global sports streaming, content, and engagement platform
    • Concerts.com — music content, ticketing, streaming, merchandise, and related services
    • Lottery.com — lottery data, information, and regulated gaming services
  • Subsidiaries and supporting entities:
    • Sports: Sports.com Media Group Ltd, Sports.com Studios Ltd., Sports Predicts Ltd.
    • Entertainment: DotCom Ventures, Inc. (TicketStub.com, Concerts.com)
    • Data & technology: TinBu, LLC (Data Service), plus international entities such as Veloce Esports Ltd.
  • Gaming infrastructure and services:
    • B2C platform enabling remote purchase of legally sanctioned lottery and sweepstakes games where permitted
    • Data Service delivering lottery results and analytics to publishers and commercial clients
    • Content and information hub for lotteries and gaming with multiple monetization models

Business model and revenue streams

  • Sports and entertainment: advertising, subscriptions, sponsorships, and content licensing.
  • Gaming and lottery services: B2C platform for remote lottery participation where legal; Data Service subscriptions and multi-year data contracts; licensing and CPA/revenue-share arrangements with partners.
  • Domain assets and media: monetization of premium domains (Sports.com, Lottery.com, Concerts.com), traffic and audience monetization across digital properties, plus partnerships and distribution deals.
  • Acquisitions and partnerships: target majority or supermajority ownership positions to consolidate assets and enable cross-platform monetization.

Customers and audience

  • TinBu Data Services serves over 400 digital publishers and media organizations with real-time lottery data and analytics.
  • Sports and entertainment properties attract large viewership:
    • Sports.com content surpassed 102 million views in 2025.
    • Kerala Super League–related content reached over 150 million views across platforms.
  • Partnerships and sponsorships include Soccerex global/region partnerships (Sports.com as title sponsor) and other league and event partnerships such as IndyCar-related sponsorships.

People and operations

  • Nine employees at the parent company.
  • Company subsidiaries employ more than 60 additional staff, for a total of roughly 69+ employees across the corporate group.

Geography and regulation

  • Global footprint with operations in the U.S. and international markets, including Mexico-based entities Aganar and JuegaLotto.
  • Business operates under regulatory frameworks for lottery, gaming, data privacy, marketing, and anti-money laundering laws across multiple jurisdictions, with ongoing licensing and responsible gaming efforts.

Financials

  • Net loss:
    • 2025: approximately $20.3 million
    • 2024: approximately $28.2 million
    • 2023: approximately $25.6 million
  • Accumulated deficit: approximately $284 million
  • The company reports ongoing operating losses and has active liquidity considerations as part of its reset and growth strategy.

Recent corporate actions (2025–early 2026)

  • Asset acquisitions and formations:
    • PlusEVO Ltd. asset acquisition and creation of Spektrum Ltd to support international lottery/gaming technology; consideration included 50,000 restricted shares at $30 per share, vesting over 30 months, with price protection mechanics.
    • DotCom Ventures Inc. acquired 51% from Concerts Inc. at a $10 million valuation; the consideration included an in-kind payment of $5.1 million for 51,000 shares and a call option to acquire the remainder under defined terms.
    • Asset Purchase Agreement with Galaxy Racer Holdings Limited (GXR) to acquire assets for $10 million; the board later exited the agreement.
  • Capital markets and financing:
    • Form S-1 and Form S-3 registrations in 2025 to support primary and secondary equity offerings.
    • Securities Purchase Agreement with Evergreen Capital Management for a $2.875 million convertible note, later terminated January 26, 2026.
    • Placement Agent Agreement with Univest Securities, initially supporting an offer up to $1 million and later increased to $5 million.
  • Leadership and governance:
    • Leadership transitions including the appointment of an interim CEO and a governance refresh focused on execution and capital efficiency.

Listing and compliance

  • Trades on Nasdaq under the symbol SEGG (warrants LTRYW).
  • The company has faced non-compliance with Nasdaq continued listing standards and is engaged in governance remediation efforts.

Summary

SEGG Media has repositioned from a legacy lottery-focused business to a diversified sports, entertainment, and gaming platform anchored by premium domain brands (Sports.com, Concerts.com, Lottery.com). The company combines media content and production, digital publishing, live and on-demand content, data services, and regulated gaming technology across a global, multi-jurisdictional footprint. SEGG is pursuing growth through acquisitions, strategic partnerships, international expansion, and monetization of owned assets while addressing governance, internal controls, and liquidity.