{"id":937887,"date":"2026-02-18T08:47:19","date_gmt":"2026-02-18T13:47:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/segg-media-nominates-daniel-bailey-to-board-of-directors-following-majority-acquisition-of-veloce-media-group\/"},"modified":"2026-02-18T08:47:19","modified_gmt":"2026-02-18T13:47:19","slug":"segg-media-nominates-daniel-bailey-to-board-of-directors-following-majority-acquisition-of-veloce-media-group","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/segg-media-nominates-daniel-bailey-to-board-of-directors-following-majority-acquisition-of-veloce-media-group\/","title":{"rendered":"SEGG Media Nominates Daniel Bailey to Board of Directors Following Majority Acquisition of Veloce Media Group"},"content":{"rendered":"

\nVeloce Co-Founder and CEO To Join SEGG Board as Company Accelerates Revenue Growth Sports & Digital Media Platform
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FORT WORTH, Texas, Feb. 18, 2026 (GLOBE NEWSWIRE) — Sports Entertainment Gaming Global Corporation (NASDAQ: SEGG, LTRYW) (\u201cSEGG Media\u201d or the \u201cCompany\u201d) today announced the nomination of Daniel Bailey, Co-Founder and Chief Executive Officer of Veloce Media Group, to the SEGG Media Board of Directors, in connection with the Company\u2019s acquisition of Veloce.<\/p>\n

Bailey\u2019s appointment strengthens SEGG Media\u2019s commercial focus, corporate governance and strategic oversight as the Company accelerates its plans to grow revenue in the global sports and digital media sector.<\/p>\n

\n Strategic Board Appointment<\/strong>\n <\/p>\n

Under Bailey\u2019s leadership, Veloce became one of the fastest-growing platforms operating at the intersection of esports, motorsport, digital content, and gaming. Under his leadership, Veloce has built a diversified commercial ecosystem spanning championship-winning teams, athlete-led content brands, and long-term partnerships with global enterprises including McLaren, Visa, Microsoft, Hilton, LEGO, and others. Bailey was also instrumental in structuring Veloce\u2019s recent acquisition of the rapidly growing content and lifestyle motorsport business Quadrant \u2013 co-founded by 2025 Formula One World Champion Lando Norris.<\/p>\n

As a SEGG Board member, Bailey expects to contribute direct operating expertise in digital audience monetization, brand partnerships, international expansion, and scalable media execution, which are areas central to SEGG\u2019s 2026 growth strategy.<\/p>\n

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\n Robert Stubblefield, CFO and Interim CEO and President of SEGG Media, said: <\/em>
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\n \u201cDan\u2019s appointment reflects our commitment to aligning operating leadership with governance. Veloce delivers scale, rapidly growing revenues and profits, and high-quality commercial partnerships. Bringing Dan onto the Board ensures strategic continuity and strengthens our ability to execute on integration and growth.\u201d<\/em>\n <\/p>\n

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\n Bailey commented:<\/em>
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\n \u201cThis marks an important milestone for both Veloce and SEGG Media. Combining SEGG Media\u2019s access to public markets and strong domain names with Veloce\u2019s proven revenue model and global partnerships creates a powerful platform for accelerated expansion. I look forward to contributing at Board level as we scale the combined business.\u201d<\/em>\n <\/p>\n

\n Acquisition Recap: Majority Interest in Veloce Media Group<\/strong>\n <\/p>\n

As reported yesterday, SEGG Media acquired a majority interest in Veloce Media Group at an enterprise value of approximately $61 million (\u00a345 million)<\/strong>.<\/p>\n

The transaction was structured as a combination of cash and SEGG Media stock at $10 per share<\/strong>.<\/p>\n

Veloce reported approximately $17.5 million (\u00a312.8 million)<\/strong> in revenue for its most recently reported fiscal year and currently generates over\u00a0500 million monthly digital views<\/strong> across its ecosystem.<\/p>\n

Veloce\u2019s acquisition provides SEGG Media with:<\/p>\n