One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Sports Entertainment Gaming Global Corporation
SEGG · NGM · Consumer Cyclical · Gambling
Current price
$3.56
52-week range
$2.25 - $40.94
Market cap
$11.60M
Balance sheet
Distressed
-82.00x Concerning
Net debt $6.01M. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
3 Risks
0 rewards · 3 risks
- Risk Operating margin compressed from -824.2% to -93403.5% over 3 years.
- Risk Return on equity was -89.9% last year — the company lost money on shareholders' equity.
- Risk Net debt grew 64.7% over 3 years.
What this company does
Sports Entertainment Gaming Global Corporation
Sports Entertainment Gaming Global Corporation (SEGG) acts as a middleman in the lottery world by gathering and selling lottery results to media companies and providing platforms for people to buy tickets online. The company primarily makes money by selling this data and taking a fee from ticket sales and sweepstakes games. It also operates the website Sports.com, which creates another way to earn money by connecting sports content with online audiences.
How the company got here
The company started as Lottery.com Inc. in 2016, focusing on selling lottery tickets online. After facing financial difficulties and suspending its lottery operations in 2022, the company went through a major overhaul. In January 2026, it changed its name to Sports Entertainment Gaming Global Corporation (SEGG) to reflect a new, broader strategy. This transformation involved a new leadership team and a shift from primarily selling lottery tickets to building a wider digital platform for sports, entertainment, and gaming.
What it actually does
SEGG operates a collection of websites and apps focused on sports, entertainment, and gaming. Think of it as a company that wants to be the go-to place for fans to connect with things they love, whether it's watching sports, buying concert tickets, or playing lottery games. They provide content like sports news and live streaming, sell tickets to events, and offer access to lottery and other games. The company makes money through various ways, including advertising, sponsorships, selling merchandise, and taking a fee from ticket and game sales.
Sports.com
This is the company's hub for all things sports, designed to be an all-in-one digital world for fans. It offers sports news, live streaming of games, and online stores where fans can buy merchandise from their favorite teams. A major focus is the 'Super App,' which combines everything from watching live events and chatting with other fans to participating in fantasy sports. This segment, which includes the recently acquired Veloce Media Group, generates a significant and growing portion of the company's revenue through advertising, sponsorships, and e-commerce (selling things online).
Entertainment
This part of the business is focused on live events, particularly music and concerts. It owns websites like Concerts.com and TicketStub.com, which are being developed into platforms for fans to buy tickets and get content about live events. The goal is to create a one-stop shop for event-goers, from finding shows to buying tickets directly. This segment is a newer but important piece of the company's strategy to connect with fans across different areas of entertainment.
Lottery.com
This is the original business of the company, now repositioned with a new strategy. Instead of directly selling lottery tickets in most places, it's becoming a global 'master affiliate' platform. This means it partners with licensed lottery operators around the world, and when someone buys a ticket through a link on Lottery.com, SEGG earns a commission (a small percentage of the sale). It also provides lottery results and data to hundreds of other websites and media organizations. This segment represents the foundation of the company but is now part of a much broader gaming strategy.
What management is betting on now
The company's main focus is on growing through acquisitions (buying other companies) to quickly expand its sports and entertainment offerings. A top priority is the launch and growth of the 'Sports.com Super App,' which they hope will become an essential daily destination for sports fans. They are also concentrating on their new affiliate model for Lottery.com, aiming to expand its reach globally without the high costs of direct operations. Management believes that by owning a portfolio of strong digital brands like Sports.com and Lottery.com, they can create a powerful, interconnected ecosystem for fans.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
Revenue
$6.30K
Net income
$-8.68M
Diluted EPS
-4.32
Operating cash flow
$2.96M
Free cash flow
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Sources
Revenue
$137.68K
Net income
$-4.44M
Diluted EPS
-1.19
Operating cash flow
$-4.15M
Free cash flow
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Revenue
$191.76K
Net income
$-3.88M
Diluted EPS
-0.13
Operating cash flow
$-3.17M
Free cash flow
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Revenue
$223.85K
Net income
$-3.31M
Diluted EPS
-0.14
Operating cash flow
$924.90K
Free cash flow
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Sources
Revenue
$348.82K
Net income
$-28.20M
Diluted EPS
1.65
Operating cash flow
$-2.47M
Free cash flow
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Sources
Revenue
$200.66K
Net income
$-7.98M
Diluted EPS
-1.46
Operating cash flow
$2.40M
Free cash flow
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Sources
Revenue
$257.00K
Net income
$-5.97M
Diluted EPS
-1.47
Operating cash flow
$-368.05K
Free cash flow
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Revenue
$259.32K
Net income
$-5.71M
Diluted EPS
-1.99
Operating cash flow
$-1.08M
Free cash flow
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Is it cheap or expensive?
Fair value — vs current price $3.56
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $6.0M. Interest coverage -82.0x.
Net debt
$6.01M
Interest coverage
-82.00x
Sports Entertainment Gaming Global Corporation's profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 3 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
SEGG
BASELINE
Sports Entertainment Gaming Global Corporation
Total debt $6.19M Interest coverage -82.00x This is the baseline the peer rows are being compared against.
Total debt $1.92B Interest coverage -5.35x Neither company has much profit cushion over interest right now.
Total debt $30.16B Interest coverage 3.19x This peer still has a real interest-payment cushion, while SEGG does not.
Total debt $11.06B Interest coverage 0.67x This peer still has a real interest-payment cushion, while SEGG does not.
Total debt $25.92B Interest coverage 0.89x This peer still has a real interest-payment cushion, while SEGG does not.
Total debt $3.26B Interest coverage 5.56x This peer still has a real interest-payment cushion, while SEGG does not.
What you should know
The case for and against SEGG
0 Rewards
3 Risks
Rewards
Risks
-
Operating margin compressed from -824.2% to -93403.5% over 3 years.
-
Return on equity was -89.9% last year — the company lost money on shareholders' equity.
-
Net debt grew 64.7% over 3 years.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
—
P/B
0.15x
P/S
20.74x
EV/EBITDA
-1.36x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
-38.5%
Operating margin
-93,403.5%
Net margin
0.0%
ROE
-89.9%
ROA
-20.6%
Health
Liquidity and balance-sheet strength
Debt / equity
0.26x
Current ratio
0.40x
Quick ratio
0.01x
Total debt
$6.19M
Total cash
$171.52K
Growth
How the business has been compounding
Revenue TTM
$559.59K
Revenue 5Y CAGR
-57.0%
EPS TTM
-41.43
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-3.43M
Free CF TTM
$-3.43M
FCF margin
-613.0%
Dividend
Shareholder payout
Yield
—
Payout ratio
0.0%
Last ex-div date
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