FORT WORTH, Texas — December 1, 2025 — Leads & Copy — SEGG Media Corporation (Nasdaq: SEGG, LTRYW) has announced a leadership shakeup, with Chief Financial Officer Robert Stubblefield appointed as Interim CEO, Secretary, and President, effective immediately.
The company’s Board of Directors unanimously terminated Matthew McGahan from his roles as Chief Executive Officer, Secretary, President, and Chairman. He will, however, remain a Company Director until the expiration of his term at the next annual meeting of shareholders, expected to be held before the end of the year.
Taking over as Chairman of the Board is Marc Bircham.
SEGG Media is embarking on a new growth phase, planning strategic acquisitions and leveraging its core digital assets such as Sports.com, Concerts.com, and Lottery.com. The company reported over 102 million views across its platforms in 2025, which management believes positions the company to accelerate revenue growth and enhance operational discipline.
Stubblefield brings more than 20 years of executive leadership experience, most recently as CFO at DeMeta, Inc. and Regnum Corp. He joined SEGG Media as Chief Financial Officer in July 2023 and is credited with strengthening the company’s financial position.
Stubblefield said his directives as Interim CEO are to ensure financial stability, deliver on commitments, and rebuild shareholder value. He added that this would involve a focus on responsible revenue growth, financial discipline, and building a profitable, sustainable business across its core verticals of sports, entertainment and gaming.
As Interim CEO, Stubblefield will guide the expansion of the Sports.com brand, oversee the launch of Concerts.com, and maintain the positive momentum of the Lottery.com platform.
Marc Bircham, Chairman of the Lottery.com Inc. Board of Directors, said the board is aligned with Stubblefield and the executive team, noting Stubblefield’s proven experience in guiding the company toward financial stability and long-term shareholder value.
The Board also expressed appreciation for McGahan’s efforts during his tenure as CEO.
The Board has initiated a global search for a permanent CEO.
Robert Stubblefield can be contacted through media relations at media@seggmediacorp.com.
Source: SEGG Media Corporation
Source: SEGG Media Corporation
