IBN Coverage: SEGG Media (NASDAQ: SEGG) Signs LOI to Launch David Lloyd-Branded U.S. Sports Arena
LOS ANGELES, CA - July 11, 2025 ( NEWMEDIAWIRE ) - SEGG Media (NASDAQ: SEGG), a global technology company at the intersection of sports, entertainment and gaming, has signed a binding Letter of Intent with legendary sports entrepreneur David Lloyd to acquire the rights to his All-Sports Arena in Boca Raton, Florida, at a $14 million valuation. Signed during Wimbledon at the Members' Enclosure, the agreement marks the U.S. debut of the David Lloyd brand. The 100,000-square-foot facility will be branded 'Sports.com All-Sports Arena, designed by David Lloyd,' blending premium athletic infrastructure, co-working space, and hospitality elements. It will feature AI-powered golf simulators, indoor courts, a full-service gym, and a street food concept by celebrity chef Todd English. The Boca Raton site is the first step in a broader global rollout targeting the U.S. and Middle East. Projected to generate over $6 million in first-year EBITDA, the venture leverages Sports.com's digital reach and Lloyd's operational legacy.
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About SEGG Media Corporation
SEGG Media is a global sports, entertainment and gaming group operating digital assets such as Sports.com and Lottery.com. Focused on immersive fan engagement, ethical gaming and AI-driven live experiences, SEGG Media is redefining how global audiences interact with the content they love.
For more information, visit the company's website at: https://seggmediacorp.com/
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Forward Looking Statements
Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.
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