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IBN Coverage: SEGG Media (NASDAQ: SEGG) Signs LOI to Launch David Lloyd-Branded U.S. Sports Arena
IBN Coverage: SEGG Media (NASDAQ: SEGG) Signs LOI to Launch David Lloyd-Branded U.S. Sports Arena

Associated Press

time12-07-2025

  • Business
  • Associated Press

IBN Coverage: SEGG Media (NASDAQ: SEGG) Signs LOI to Launch David Lloyd-Branded U.S. Sports Arena

This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. 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 ' 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 digital reach and Lloyd's operational legacy. To view the full press release, visit About SEGG Media Corporation SEGG Media is a global sports, entertainment and gaming group operating digital assets such as 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. For more information, visit the company's website at: NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: 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. About IBN IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients. IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Media Contact IBN Los Angeles, California 310.299.1717 Office [email protected]

IBN Coverage: SEGG Media (NASDAQ: SEGG) Signs LOI to Launch David Lloyd-Branded U.S. Sports Arena
IBN Coverage: SEGG Media (NASDAQ: SEGG) Signs LOI to Launch David Lloyd-Branded U.S. Sports Arena

Yahoo

time11-07-2025

  • Business
  • Yahoo

IBN Coverage: SEGG Media (NASDAQ: SEGG) Signs LOI to Launch David Lloyd-Branded U.S. Sports Arena

This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. 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 " 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 digital reach and Lloyd's operational legacy. To view the full press release, visit About SEGG Media Corporation SEGG Media is a global sports, entertainment and gaming group operating digital assets such as 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. For more information, visit the company's website at: NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: 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. About IBN IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients. IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Media Contact IBNLos Angeles, OfficeEditor@ Sign in to access your portfolio

Lake Worth Beach celebrity restaurant with movie history shuts down
Lake Worth Beach celebrity restaurant with movie history shuts down

Miami Herald

time23-06-2025

  • Business
  • Miami Herald

Lake Worth Beach celebrity restaurant with movie history shuts down

It's been a really tough road for restaurants in recent years. The trouble started back in 2020, when restaurants were forced to shutter to guests during the pandemic. Don't miss the move: Subscribe to TheStreet's free daily newsletter Although those restrictions were temporary, restaurants then faced a series of challenges. First, there were labor shortages, due partly to the generous unemployment benefits stimulus bills had allowed for. Then, it was supply chain interruptions that made it hard to load up on ingredients. Related: Iconic mall food chain makes massive change The most recent challenge has been ongoing, and it's none other than inflation. Inflation has not only driven up costs for restaurants, but forced many consumers to change the way they spend their money. As a result, a lot of people have cut back on in-person dining, driving a decline in sales. A number of big-name restaurant chains have filed for bankruptcy and closed their doors as consumer demand has waned. Similarly, a number of popular standalone restaurants have been forced to close permanently. Lula's - a popular restaurant in the Palm Beach, Florida, area - has officially closed its doors. Its menu featured Italian favorites that included handmade pastas, seafood dishes, steaks, and meatballs. Before it was Lula's, the location in Lake Worth Beach hosted a number of famous restaurants, including Callaro's Steakhouse, which met its demise during the pandemic, and L'Anjou, which had been open to customers in that space for more than 30 years. The name Lula's was created by combining the names of two main streets in Lake Worth Beach - Lucerne and Lake Avenues. Related: Legendary local restaurant closing saddens fans The location even had a moment in the spotlight when it was featured in the 1981 film Body Heat. At the time, it was the L'Anjou name that appeared on the big screen. Given that the location was in the heart of downtown, it's surprising that Lula's didn't last longer than it did. It opened in October of 2024, lasting less than a year. The brains behind Lula's wasn't just any old chef. Rather, it was celebrity chef Todd English. English has appeared on a number of well-known cooking shows. He's also a James Beard winner and has authored several cookbooks. Related: Popular Mexican restaurant closes after 45 years Lula's wasn't English's only foray into Palm Beach County. He also opened his popular Figs restaurant at The Gardens Mall, but it shuttered in 2016 after seven years. Now, the famous space Lula's occupied has a new name on the lease. It's the owners of famous restaurant Ravish, located a few miles south in Lantana. Operating partner Alexandra Dupuis was stingy with details but said there are plans in the works to open a new restaurant called Pomona where Lula's once served customers. The aim is for Pomona to open this summer. Of course, if a Todd English restaurant struggled to stay afloat, it's questionable whether a replacement will thrive. More Fast Food & Restaurant News: Starbucks makes shocking pricing move customers will loveBankrupt restaurant chain offers new deal, stiff drinkNew Taco Bell menu items combines multiple classics The sad reality is that consumers are shying away not just from casual dining, but high-end dining as well. A lot of people are having a hard time justifying the higher cost given general economic uncertainty. That's bad news for consumers who do have the budget for the occasional high-end meal. Losing a favorite restaurant is always a big blow. And unfortunately, Lula's may only be one of many beloved establishments to shutter this year. Related: After closing 600 locations, fast-food chain has many more planned The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

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