SEGG Media Corporation (NASDAQ: SEGG, LTRYW) has completed a $10 million deal to acquire a 51% stake in DotCom Ventures Inc., integrating Concerts.com and TicketStub.com into its digital portfolio. This strategic move represents SEGG Media's first significant acquisition under its current brand, expanding its digital ecosystem to encompass the live entertainment and ticketing industries. Concerts.com is poised to serve as a key platform for fan engagement, while TicketStub.com will streamline ticketing services across SEGG's properties, with integration efforts and executive recruitment already underway.
The acquisition highlights SEGG Media's dedication to strengthening its digital assets, which already feature Sports.com and Lottery.com, by entering rapidly growing markets. This initiative is anticipated to transform fan engagement and ticketing services, capitalizing on the company's emphasis on immersive experiences and responsible gaming. For further information on the acquisition, visit https://ibn.fm/dhmWv.
