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GlobeNewswire·

SEGG Media Nominates Daniel Bailey to Board of Directors Following Majority Acquisition of Veloce Media Group

  • Sports Entertainment Gaming Global Corporation (SEGG Media) announced the nomination of Daniel Bailey, Co-Founder & CEO of Veloce Media Group, to its Board of Directors.
  • The appointment accompanies SEGG Media's acquisition of a majority interest in Veloce Media Group.
  • Bailey's leadership at Veloce built a platform spanning esports, motorsport, digital content, & gaming, securing partnerships with McLaren, Visa, Microsoft, Hilton, & LEGO.
  • Bailey previously structured Veloce's acquisition of Quadrant, a motorsport business co-founded by 2025 Formula One World Champion Lando Norris.
  • As a board member, Bailey will contribute expertise in digital audience monetization, brand partnerships, international expansion, & scalable media execution.
  • SEGG Media acquired Veloce for an enterprise value of approximately $61 million (£45 million) via a mix of cash & stock at $10 per share.
  • Veloce reported $17.5 million (£12.8 million) in revenue for its most recent fiscal year & generates over 500 million monthly digital views.
  • The acquisition provides SEGG Media with immediate revenue scale, blue-chip commercial relationships, & a high-engagement global digital audience.
  • The deal establishes the cornerstone for SEGG Media's Sports business unit & enhances its ability to consolidate operating results & accelerate top-line growth.
  • SEGG Media operates a portfolio of digital assets including Sports.com, Concerts.com, & Lottery.com.