SEGG Media takes 68% supermajority stake in Veloce Media Group

Reuters02-25
SEGG Media takes 68% supermajority stake in Veloce Media Group

Sports Entertainment Gaming Global Corporation has increased its stake in Veloce Media Group to about 68% through completion of remaining tranches and additional share purchases, giving it supermajority control. The company is also extending a global offer to acquire the remaining minority equity interests in Veloce, and said Veloce is expected to contribute about $20 million in annual revenue that SEGG will begin recognizing in Q1 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sports Entertainment Gaming Global Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602241427PRIMZONEFULLFEED9660442) on February 24, 2026, and is solely responsible for the information contained therein.

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