Sports Entertainment Gaming Global Corporation (NASDAQ: SEGG) has finalized terms to acquire a controlling interest in Veloce Media Group for approximately $61 million, with the transaction expected to close on February 17, 2026. The acquisition brings together SEGG Media's public market infrastructure with Veloce's diversified portfolio of sports, gaming, and digital media properties, creating an integrated platform across multiple entertainment verticals.
The combined entity will gain access to Veloce's portfolio of digital properties, which includes Quadrant, a gaming company co-founded by Formula 1 Champion Lando Norris. According to SEGG Media's projections, the acquisition is expected to contribute more than $20 million in incremental annual revenue beginning in the first quarter of 2026, providing the combined company with enhanced revenue streams across gaming and sports entertainment segments.
The transaction represents a strategic consolidation aimed at leveraging SEGG Media's public company status to accelerate growth initiatives across Veloce's established media and gaming operations. The deal is anticipated to close within the next several months, subject to customary closing conditions.