SEGG Media Requests Nasdaq Hearing and Stay Following Staff Determination

FORT WORTH, Texas, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation ("SEGG Media" or the "Company") (Nasdaq: SEGG, LTRYW) today announced that on October 14, 2026, it received a Staff Determination letter (the "Letter") from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq"). The Letter states that the Company has not regained compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission (the "SEC"). The Company has timely requested a hearing before the Nasdaq Hearings Panel (the "Hearings Panel") and paid the applicable $20,000 hearing fee to review the Staff's determination.