SEGG Media Corporation Announces Leadership Transition Amid Growth Strategy

SEGG Media Corporation (NASDAQ: SEGG, LTRYW) announced significant leadership changes as its Board terminated CEO, Secretary, and President Matthew McGahan and removed him from his position as Chairman. The Board appointed Chief Financial Officer Robert Stubblefield as Interim CEO, Secretary, and President, while naming Marc Bircham as the new Chairman. McGahan will continue to serve as a Director until his term concludes at the upcoming annual meeting. According to the company, this leadership transition is designed to support its next phase of growth as it scales key digital assets, including Sports.com, Concerts.com, and Lottery.com, which collectively garnered more than 102 million views across platforms in 2025, and prepares for planned acquisitions.

In his new role, Stubblefield emphasized a focus on financial stability, disciplined execution, and rebuilding shareholder value, while guiding the company's expansion across sports, entertainment, and gaming verticals. The move underscores SEGG Media's commitment to enhancing its portfolio, which is centered on immersive fan engagement, ethical gaming, and AI-driven live experiences. The company's news and updates are available in its newsroom at http://nnw.fm/SEGG, providing stakeholders with ongoing information about its strategic direction and performance.

The leadership change comes at a pivotal time for SEGG Media as it aims to capitalize on the growing demand for digital content and interactive experiences in the sports and entertainment sectors. By leveraging platforms like Sports.com, Concerts.com, and Lottery.com, the company seeks to redefine how global audiences interact with content, aligning with broader industry trends toward personalized and technology-enhanced engagement. This transition is expected to streamline operations and foster a more robust financial foundation, enabling SEGG Media to pursue its acquisition strategy and strengthen its market position.

Investors and industry observers can access detailed information about the announcement through the full press release at https://nnw.fm/4Up2b, which outlines the rationale behind the leadership adjustments and the company's future outlook. As SEGG Media navigates this period of change, the appointment of Stubblefield and Bircham reflects a strategic pivot toward operational efficiency and growth, with implications for its competitive edge in the digital media landscape. The company's emphasis on ethical gaming and AI-driven innovations further highlights its dedication to responsible and forward-looking business practices, which may influence its long-term sustainability and appeal to a diverse audience base.