SEGG Media Corporation (NASDAQ: SEGG, LTRYW), a global sports, entertainment, and gaming group, has announced the relaunch of its Aganar operations in Mexico. This strategic move is part of the company's broader Latin America expansion strategy, leveraging its license to sell lottery draw games offered by the Mexican National Lottery. Aganar, operated by subsidiary Medios Electrónicos Y De Comunicación, has been a licensed online retailer in Mexico since 2007.
The relaunch is expected to generate $5.2 million in revenue with an 18% annual growth trajectory, according to the company. This initiative represents the first step in SEGG Media's ambitious plan to scale operations globally, supported by $450 million in committed financing facilities. Chairman and CEO Matthew McGahan emphasized that the relaunch demonstrates tangible progress in the turnaround of Lottery.com and positions the company for global expansion.
SEGG Media's portfolio includes digital assets such as Sports.com and Lottery.com, focusing on immersive fan engagement, ethical gaming, and AI-driven live experiences. The company is redefining how global audiences interact with the content they love. For more information on SEGG Media's latest developments, visit http://ibn.fm/SEGG.
This relaunch is a clear indication of SEGG Media's commitment to expanding its footprint in Latin America and beyond, offering new opportunities for growth and engagement in the gaming and entertainment sectors. The projected revenue and growth trajectory underscore the potential impact of this move on the company's financial performance and its position in the global market.
