Latest news with #MatthewMcGahan
Business Standard
4 days ago
- Business
- Business Standard
Super League Kerala Inks Global Deal with Sports.com
PNN Dubai [UAE], July 19: SEGG Media Group (Nasdaq: SEGG), the global powerhouse in sports, entertainment, and gaming, today announced its first official football league partnership in the Indian subcontinent through a major five-year commercial agreement with the Super League Kerala (SLK) valued at over Rs. 100 crore (US$11.6 million) The signing ceremony took place today at One JLT, Dubai, marking the first official rights agreement under SEGG's rapidly scaling GXR World Sports Platform, and the first live football rights acquisition for the company's flagship app. The agreement establishes SEGG and as the exclusive global commercial and broadcast partner for SLK, encompassing: - Exclusive international streaming rights across all territories - Integrated gaming and fan engagement products - Global sponsorship and brand activation rights - Distribution focus across the Indian subcontinent and MENA, especially targeting the vast Kerala diaspora in the Middle East, North America, and Europe Season 1 of the Super League Kerala drew nearly 13 million viewers, with Season 2 aiming for a 25% increase in audience reach through immersive streaming platform and targeted media activation strategy. The deal is expected to be cash generative through a combination of subscription, advertising, and licensing revenue, with rollout beginning immediately ahead of the upcoming season. "This is more than a sports rights deal -- it's a powerful validation of the strategy," said Matthew McGahan, CEO and President of SEGG Media Group. "To enter the Indian market through Kerala -- a state with an electrifying football culture and millions of global fans -- gives us a high-growth, cash-yielding product to launch the app with force." "We're honored to be signing this deal here in Dubai," added Paul Roy, CEO of GXR. "This partnership proves how the GXR World Sports Platform can unite emerging markets and global tech infrastructure to deliver transformational media rights outcomes." Attending today's ceremonial signing in Dubai were: - Matthew McGahan, CEO & President of SEGG Media - Paul Roy, CEO of GXR - Marc Bircham, Main Board Director of SEGG Media and Head of Acquisitions at - Tim Scoffham, CEO of Media and International - Mathew Joseph, Director and CEO, Super League Kerala - Firoz Meeran, Director, Super League Kerala Mathew Joseph, Director and CEO, Super League Kerala, said: "This partnership signifies a historic moment for football in Kerala. Our vision has always been to connect Kerala's passionate football community with the global stage, and with and SEGG Media, we are unlocking unparalleled opportunities for our fans, players, and partners worldwide." Firoz Meeran, Director, Super League Kerala, added: "This deal represents a huge leap forward for SLK. It allows us to amplify our reach across continents while delivering world-class fan engagement and streaming experiences to millions who love Kerala football." "This is just the beginning," said Marc Bircham. "It's the first of many league partnerships that will power across India, Asia, and MENA. We're proud to partner with such a progressive and fast-growing league in SLK." "We've built to become the global home of sport, and this is the first piece of live IP that starts to prove it," added Tim Scoffham. "India is a priority territory for us, and this is just the beginning." The partnership will see SEGG deliver a tiered subscription model through enabling fans to engage with SLK matches in multiple languages, backed by real-time stats, fantasy integration, and on-demand replays. The deal also includes commercial inventory for local and global sponsors, creating a scalable advertising engine tied to viewership growth. About SEGG Media Group SEGG Media Group (Nasdaq: SEGG) is a global sports, entertainment, and gaming conglomerate with strategic holdings across digital content, live streaming, esports, ticketing, and sports rights. The group's flagship brands include and creating a next-generation ecosystem where fans interact with the world's biggest moments in real time. About is the digital heart of SEGG's fan engagement strategy -- a unified global destination for live streaming, fantasy sports, sim racing, eSports, live scores, and behind-the-scenes original content. The platform is scaling toward an audience of 500 million monthly digital impressions by 2026. About Super League Kerala (SLK) The Super League Kerala (SLK) is India's premier regional football league, designed to celebrate and elevate the football culture of Kerala -- a state renowned for its deep-rooted passion for the sport. Launched to create a professional, world-class football ecosystem, SLK combines elite sporting talent with innovative fan engagement strategies to build a strong footballing identity for the region. In its inaugural season, SLK attracted nearly 13 million viewers, making it one of the most-watched regional leagues in South Asia. Season 2 aims to deliver a richer, more immersive fan experience through digital streaming, global broadcasting, and integrated engagement platforms. SLK is more than a league -- it's a movement to inspire the next generation of footballers and unite Indians across the globe through the beautiful game.
Yahoo
17-06-2025
- Business
- Yahoo
Lottery.com Executives Share Growth Strategy at FIFA Club World Cup US Kickoff
Leadership at FIFA Club World Cup's U.S. kickoff Rose Bowl Empty Paris Saint-Germain vs. Atlético Madrid match FORT WORTH, Texas, June 17, 2025 (GLOBE NEWSWIRE) -- Inc. (NASDAQ: LTRY, LTRYW) (' or 'the Company'), a leading technology company transforming the intersection of gaming, sports and entertainment, leadership represented the Company and its brand at several high profile industry events. Chairman and CEO Matthew McGahan, Dennis Wise ( Ambassador and FIFA Board in Diploma Club Management), and Marc Bircham (Director, attended a series of events in Los Angeles over the weekend in conjunction with the FIFA Club World Cup's U.S. kickoff ahead of the 2026 FIFA World Cup. The trio were present at the Paris Saint-Germain vs. Atlético Madrid fixture at the iconic Rose Bowl Stadium in Pasadena, where PSG delivered a commanding 4-0 performance before a full-capacity crowd. The match marks an early milestone in FIFA's efforts to globalize the Club World Cup brand in anticipation of the U.S. hosting duties in 2026. In parallel with the FIFA Club World Cup's U.S. kickoff, Company leaders engaged in a range of strategic meetings with dignitaries from across the global football ecosystem. These discussions form part of the Company's broader acquisition strategy, which includes the ongoing pursuit of a British football club, aimed at creating long-term value through global fan engagement, international broadcast rights, real estate and community-rooted investment. The Los Angeles visit concluded with an exclusive invitation-only dinner at Mr. Chow in Beverly Hills, hosted by FIFA and VFILES, to celebrate the launch of FIFA 1904, the federation's first ready-to-wear fashion brand. The evening brought together Champions League legends, Premier League winners, FIFA executives and major names from the entertainment industry to honor the Club World Cup and FIFA's expanding cultural footprint. The Company leadership delegation now travels to Miami for a fresh round of high-level meetings and to attend the upcoming Club World Cup fixture between Bayern Munich and Boca Juniors on June 20 at the Hard Rock Stadium. About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook. 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, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other 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 about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company's analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company's internal accounting controls; additional examination of the preliminary conclusions of such review; the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company's ability to regain compliance with the Bid Price Requirement; the Company's ability to regain compliance with Nasdaq Listing Rules; the Company's ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Photos accompanying this announcement are available at This press release was published by a CLEAR® Verified individual. CONTACT: For more information, please visit or contact our media relations team at press@
CairoScene
15-06-2025
- Business
- CairoScene
Lottery.com Acquires Dubai-Based Nook Holdings for $2.5 Million
acquires a 90% stake in Dubai's Nook Holdings to establish a regional hub, part of a global strategy to scale in sports, health, and entertainment sectors. Jun 15, 2025 Texas-based has signed a $2.5 million agreement to acquire a 90% stake in Nook Holdings, a Dubai-based sports and wellness incubator founded by Ravi Bhusari. The transaction sees Nook rebranded under the platform, forming the company's first regional base in the Middle East and North Africa (MENA). Based in One JLT, Nook provides co-working, licensing, and tailored business support services for startups in the fitness, wellness, and sports sectors. As part of the acquisition, aims to use Nook as a launchpad for its modular global expansion model, which focuses on integrating cash-generating, high-growth businesses across sports, health, and entertainment. Nook reported a net profit of $354,000 in FY2024, with internal forecasts projecting 38% year-on-year growth in 2025. According to the acquisition marks the beginning of a broader rollout of incubators, with a second Dubai location set to open in Al Quoz by the end of 2025. Further hubs are planned in Riyadh, Jeddah, Abu Dhabi, and Greater Miami. 'This is not a one-off transaction – this is a scalable blueprint,' said Matthew McGahan, Chairman and CEO of and 'We operate a modular model that enables us to bolt on high-potential, cash-generative businesses that expand both brands quickly and globally.' The acquisition follows an $18 million capital injection in late 2023, positioning to move forward with its strategic growth initiatives.
Globe and Mail
11-06-2025
- Business
- Globe and Mail
Lottery.com Announces Sports.com Hub Global Expansion Plans
FORT WORTH, Dallas, June 11, 2025 (GLOBE NEWSWIRE) -- Inc. (NASDAQ: LTRY, LTRYW) (' or 'the Company'), a leading technology company transforming the intersection of gaming, sports and entertainment, today announces its growth strategy for Nook Holdings Limited ('Nook'), the UAE-based sports and wellness incubator located at One JLT, Dubai. The Company is expected to complete its acquisition of a ninety percent (90%) ownership stake in Nook on or before June 30, 2025. The Company has unveiled a strategic, multi-market rollout plan for its co-working and incubation model. This forms part of the Company's broader platform growth strategy designed to drive international brand presence, cash generation through tangible asset acquisitions. Nook will be rebranded under upon completion of the transaction. 'This is not a one-off transaction — this is a scalable blueprint,' said Matthew McGahan, Chairman and CEO of and 'For several months, we've been clear that and are executing an aggressive buy-and-build strategy. We operate a modular model that enables us to bolt on high-potential, cash-generative businesses that expand both brands quickly and globally.' This execution aligns with the stated intent behind $100 million financing facility with Generating Alpha. The financing facility provides the Company with growth capital to target strategic acquisitions of businesses that possess tangible assets and demonstrate strong recurring revenue potential along with support existing operations. Nook generated $354,000 in net profit in FY 2024 and is projecting a 38% increase to $490,000 in 2025. The Company has confirmed that its second incubator hub will be located in Al Quoz, a high-growth district near DIFC and the Burj Khalifa, within a major new leisure complex. The site is expected to open in Q4 2025 and will serve as a regional anchor for the Company's operations in the Middle East. Further locations have been identified for international expansion, including: Riyadh and Jeddah, Saudi Arabia Abu Dhabi, UAE Greater Miami, Florida area 'This is a long-term platform play,' said Mark Bircham, Director of and Head of Acquisitions at 'We're creating a repeatable model that connects high-growth markets to a shared infrastructure. With the right businesses in place, the potential to scale across multiple verticals is enormous.' Each hub is designed to serve as a launchpad for sports, health, wellness, and entertainment startups. By integrating these ventures into the broader ecosystem, the Company aims to unlock new monetization channels and deliver long-term shareholder value. About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook. 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, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other 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 about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company's analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company's internal accounting controls; additional examination of the preliminary conclusions of such review; the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company's ability to regain compliance with the Bid Price Requirement; the Company's ability to regain compliance with Nasdaq Listing Rules; the Company's ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. A photo accompanying this announcement is available at This press release was published by a CLEAR® Verified individual.
Yahoo
05-06-2025
- Business
- Yahoo
Lottery.com Inc. to Present at Noble Capital Markets' Emerging Growth Virtual Equity Conference
FORT WORTH, Texas, June 05, 2025 (GLOBE NEWSWIRE) -- Inc. (Nasdaq: LTRY), a leading technology company transforming the intersection of gaming, sports and entertainment, announced that its Chairman and CEO, Matthew McGahan, will present at the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference on Thursday, June 5, 2025, at 1:30 PM Eastern Time. The presentation will highlight recently completed corporate turnaround, the launch of its two new growth divisions — Domestic and International and Media and Ventures — and its plans for accelerated growth following the effectiveness of its S-1 registration statement and the securing of a $100 million financing facility. The formal presentation at the conference will be followed by a Q&A session moderated by a Noble Capital Markets analyst, with questions welcomed from the live virtual audience. Registered, qualified investors will also have the opportunity to schedule 1x1 meetings with Mr. McGahan following the presentation. Attendees interested in viewing the live presentation can register for the event, at no cost, here: Noble Capital Markets and or A video webcast of the presentation will be available following the event on the Company's website at and as part of the full catalog of presentations on Channelchek ( The webcast will be archived on both sites for 90 days following the event. About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook. About Noble Capital MarketsEstablished in 1984, Noble Capital Markets is an SEC/FINRA-registered full-service investment bank and advisory firm with an award-winning research team and proprietary investor distribution platform. Noble provides middle-market expertise to entrepreneurs, corporations, financial sponsors, and investors, having raised billions of dollars and published more than 45,000 equity research reports over the past 40 years. About ChannelchekLaunched in 2018, Channelchek ( is an investor community dedicated exclusively to emerging growth companies. Channelchek offers free institutional-quality research, webcasts, and industry articles without a subscription and features more than 7,000 public emerging growth companies. For more information, please visit or contact our media relations team at press@ 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, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other 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 about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company's analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company's internal accounting controls; additional examination of the preliminary conclusions of such review; the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company's ability to regain compliance with the Bid Price Requirement; the Company's ability to regain compliance with Nasdaq Listing Rules; the Company's ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press in to access your portfolio
