SEGG Media Corporation Partners with David Lloyd to Launch U.S. Sports Arena
TL;DR
SEGG Media's acquisition of David Lloyd's All-Sports Arena offers a strategic advantage by blending sports, entertainment, and gaming to tap into a lucrative market with a projected $6 million first-year EBITDA.
SEGG Media plans to integrate AI-powered golf simulators, indoor courts, and a gym into the Sports.com All-Sports Arena, designed by David Lloyd, marking its U.S. debut with a focus on premium athletic and hospitality services.
The collaboration between SEGG Media and David Lloyd introduces a innovative sports and entertainment venue in Boca Raton, enhancing community engagement and setting a new standard for immersive fan experiences.
Celebrity chef Todd English will bring a street food concept to the new Sports.com All-Sports Arena, adding a unique culinary dimension to the state-of-the-art sports and entertainment facility.
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SEGG Media Corporation (NASDAQ: SEGG, LTRYW), a global technology company specializing in sports, entertainment, and gaming, has entered into a binding Letter of Intent with renowned sports entrepreneur David Lloyd. The agreement involves the acquisition of rights to Lloyd's All-Sports Arena in Boca Raton, Florida, valued at $14 million. This partnership heralds the introduction of the David Lloyd brand to the U.S. market, with the facility to be named 'Sports.com All-Sports Arena, designed by David Lloyd.'
The 100,000-square-foot venue is set to revolutionize the sports and entertainment landscape by integrating premium athletic facilities, co-working spaces, and hospitality services. Among its standout features are AI-powered golf simulators, indoor courts, a comprehensive gym, and a unique street food concept curated by celebrity chef Todd English. The Boca Raton location is just the beginning of a planned global expansion, with sights set on the U.S. and Middle East markets.
Projections indicate that the venture could generate over $6 million in EBITDA within its first year, leveraging the digital prowess of Sports.com and the operational expertise of David Lloyd. This initiative not only underscores SEGG Media's commitment to enhancing fan engagement through innovative live experiences but also positions the company as a pioneer in blending sports, entertainment, and technology. For further details, visit https://ibn.fm/2N78a.
Curated from InvestorBrandNetwork (IBN)
