Latest news with #McGahan
Yahoo
09-07-2025
- Business
- Yahoo
SEGG Media and David Lloyd Announce Groundbreaking $14M U.S. Expansion Deal
New Boca Raton All-Sports Arena Will Combine Elite Fitness, Co-Working Innovation, and World-Class Design A Media Snippet accompanying this announcement is available by clicking on this link. LONDON, July 09, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) ('SEGG Media' or the 'Company'), a leading technology company transforming the global intersection of sports, entertainment and gaming, today announced it has signed a binding Letter of Intent ('LOI') with David Lloyd, one of the most iconic names in British and European sport and wellness. The terms of the LOI allows SEGG Media to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL at a $14 million valuation. The agreement marks the launch of the David Lloyd brand into the U.S. market. The LOI was signed by David Lloyd and Matthew McGahan, Chairman and CEO of SEGG Media, on July 9th during Wimbledon, inside the prestigious Members' Enclosure. David Lloyd, a member of the All England Lawn Tennis and Croquet Club, personally invited McGahan as his guest for this symbolic occasion. McGahan described the moment as 'an honor and a privilege, marking a historic milestone for SEGG Media, the brand and David Lloyd himself.' A First-of-Its-Kind Destination for Sport, Business and Innovation The facility – a 100,000 square-foot brick-built arena already completed in the heart of Boca Raton – will be branded as ' All-Sports Arena, designed by David Lloyd.' The venue will be the first of its kind in Florida, blending state-of-the-art sporting infrastructure with cutting-edge co-working and business amenities. Key features include: Indoor padel, basketball, and pickleball courts; climbing walls; and AI-driven golf simulators A full-service premium gymnasium designed to David Lloyd's specifications Approximately 10,000 square-foot luxury co-working space, inspired by Dubai's successful 'Nook' model Private offices, boardrooms and business services for sports professionals and entrepreneurs A unique street food concept, curated and fronted by renowned celebrity chef Todd English David Lloyd: A Legacy of Excellence in Fitness and Tennis David Alan Lloyd is a former professional tennis player, Davis Cup captain, and a lifelong leader in British sport. He founded David Lloyd Leisure in 1982 and opened the first club that year. Today, the brand operates 130 premium health, fitness and racquets clubs — including 101 in the UK and 29 across Europe — and serves over 710,000 members. The business was acquired by Whitbread PLC in 1995 and has since become one of the most recognized names in the health and fitness industry. Lloyd's leadership helped shape the careers of many British tennis stars, including Tim Henman, whom he mentored to the world's top 10. He is also a former chairman of Hull City A.F.C. and Hull FC. 'This is more than just a gym – it's a sports and business ecosystem,' . 'To partner with a legend like David Lloyd, and to bring this level of quality and ambition to the U.S. market, is a major step forward for and for our shareholders.''After a lifetime in sport and club development, I've waited for the right moment and the right partner to bring my vision to the U.S. This partnership with SEGG Media's brand opens the door to an entirely new era. I couldn't be more excited to launch in Boca Raton – and this is just the beginning.' Global Rollout Strategy Across U.S. and Middle East This Boca Raton launch marks the first in a bold international rollout strategy. SEGG Media and David Lloyd are actively preparing expansion plans across major U.S. cities and the Middle East, leveraging global digital audience and David Lloyd's operational excellence. With additional facilities in development, All-Sports Arenas, designed by David Lloyd, are poised to become a dominant force in premium sports infrastructure worldwide. The model is fully scalable, with the potential to deliver high-margin returns through a unique blend of sport, wellness, community and entrepreneurship. David Lloyd's projections are that the Boca facility will deliver over $6 million in EBITDA in its first year of operations. With additional facilities in development, All-Sports Arenas, designed by David Lloyd, are poised to become a dominant force in premium sports infrastructure worldwide. About SEGG Media Corporation SEGG Media (Nasdaq: SEGG, LTRYW) is a global sports, entertainment and gaming group operating a portfolio of digital assets including and 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. About David Lloyd David Lloyd is one of the most respected figures in global sport and fitness. As the founder of David Lloyd Leisure, he pioneered the luxury health club model across the UK and Europe. His name is synonymous with elite training, family lifestyle, and transformative wellness destinations. Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to: the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to complete acquisitions; the Company's ability to remain in compliance with Nasdaq Listing Rules; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. This press release was published by a CLEAR® Verified individual. CONTACT: For additional information, visit or contact media relations at media@
Yahoo
05-06-2025
- Business
- Yahoo
Lottery.com Inc. to Present at Noble Capital Markets' Emerging Growth Virtual Equity Conference
FORT WORTH, Texas, June 05, 2025 (GLOBE NEWSWIRE) -- Inc. (Nasdaq: LTRY), a leading technology company transforming the intersection of gaming, sports and entertainment, announced that its Chairman and CEO, Matthew McGahan, will present at the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference on Thursday, June 5, 2025, at 1:30 PM Eastern Time. The presentation will highlight recently completed corporate turnaround, the launch of its two new growth divisions — Domestic and International and Media and Ventures — and its plans for accelerated growth following the effectiveness of its S-1 registration statement and the securing of a $100 million financing facility. The formal presentation at the conference will be followed by a Q&A session moderated by a Noble Capital Markets analyst, with questions welcomed from the live virtual audience. Registered, qualified investors will also have the opportunity to schedule 1x1 meetings with Mr. McGahan following the presentation. Attendees interested in viewing the live presentation can register for the event, at no cost, here: Noble Capital Markets and or A video webcast of the presentation will be available following the event on the Company's website at and as part of the full catalog of presentations on Channelchek ( The webcast will be archived on both sites for 90 days following the event. About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook. About Noble Capital MarketsEstablished in 1984, Noble Capital Markets is an SEC/FINRA-registered full-service investment bank and advisory firm with an award-winning research team and proprietary investor distribution platform. Noble provides middle-market expertise to entrepreneurs, corporations, financial sponsors, and investors, having raised billions of dollars and published more than 45,000 equity research reports over the past 40 years. About ChannelchekLaunched in 2018, Channelchek ( is an investor community dedicated exclusively to emerging growth companies. Channelchek offers free institutional-quality research, webcasts, and industry articles without a subscription and features more than 7,000 public emerging growth companies. For more information, please visit or contact our media relations team at press@ Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company's analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company's internal accounting controls; additional examination of the preliminary conclusions of such review; the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company's ability to regain compliance with the Bid Price Requirement; the Company's ability to regain compliance with Nasdaq Listing Rules; the Company's ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press in to access your portfolio
Hamilton Spectator
27-05-2025
- Business
- Hamilton Spectator
InterRent REIT agrees to offer from executive chair Mike McGahan
OTTAWA - InterRent Real Estate Investment Trust has signed a deal to be acquired by a group including executive chair Mike McGahan and Singapore sovereign wealth fund GIC for about $2 billion. Under the agreement, CLV Group and GIC will pay InterRent unitholders $13.55 per unit in cash. The transaction is valued at a total of about $4 billion including the assumption of net debt. InterRent units were up $1.80 at $13.64 in trading on the Toronto Stock Exchange on Tuesday. In addition to his role at InterRent, which owns residential properties in B.C., Ontario and Quebec, McGahan is the chief executive and controlling shareholder of CLV Group. The deal requires approval of a two-thirds majority vote by unitholders as well as a majority vote by unitholders, excluding CLV Group, its affiliates and any other unitholders required to be excluded. It also requires court and regulatory approvals, consents and approvals from Canada Mortgage and Housing Corp. and certain existing lenders and the satisfaction of other customary closing conditions. This report by The Canadian Press was first published May 27, 2025. Companies in this story: (TSX:
Yahoo
27-05-2025
- Business
- Yahoo
InterRent REIT agrees to offer from executive chair Mike McGahan
OTTAWA — InterRent Real Estate Investment Trust has signed a deal to be acquired by a group including executive chair Mike McGahan and Singapore sovereign wealth fund GIC for about $2 billion. Under the agreement, CLV Group and GIC will pay InterRent unitholders $13.55 per unit in cash. The transaction is valued at a total of about $4 billion including the assumption of net debt. InterRent units were up $1.80 at $13.64 in trading on the Toronto Stock Exchange on Tuesday. In addition to his role at InterRent, which owns residential properties in B.C., Ontario and Quebec, McGahan is the chief executive and controlling shareholder of CLV Group. The deal requires approval of a two-thirds majority vote by unitholders as well as a majority vote by unitholders, excluding CLV Group, its affiliates and any other unitholders required to be excluded. It also requires court and regulatory approvals, consents and approvals from Canada Mortgage and Housing Corp. and certain existing lenders and the satisfaction of other customary closing conditions. This report by The Canadian Press was first published May 27, 2025. Companies in this story: (TSX: The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Winnipeg Free Press
27-05-2025
- Business
- Winnipeg Free Press
InterRent REIT agrees to offer from executive chair Mike McGahan
OTTAWA – InterRent Real Estate Investment Trust has signed a deal to be acquired by a group including executive chair Mike McGahan and Singapore sovereign wealth fund GIC for about $2 billion. Under the agreement, CLV Group and GIC will pay InterRent unitholders $13.55 per unit in cash. The transaction is valued at a total of about $4 billion including the assumption of net debt. InterRent units were up $1.80 at $13.64 in trading on the Toronto Stock Exchange on Tuesday. In addition to his role at InterRent, which owns residential properties in B.C., Ontario and Quebec, McGahan is the chief executive and controlling shareholder of CLV Group. The deal requires approval of a two-thirds majority vote by unitholders as well as a majority vote by unitholders, excluding CLV Group, its affiliates and any other unitholders required to be excluded. It also requires court and regulatory approvals, consents and approvals from Canada Mortgage and Housing Corp. and certain existing lenders and the satisfaction of other customary closing conditions. Monday Mornings The latest local business news and a lookahead to the coming week. This report by The Canadian Press was first published May 27, 2025. Companies in this story: (TSX:
