Sports Entertainment Gaming Global Corporation (NASDAQ:SEGG) shares are trading higher Tuesday after the company announced that it exclusively partnered with Polymarket to power Sports.com Predict.
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Polymarket Partnership Powers Sports.com Predict
The company said it entered into a strategic technology partnership and integration agreement with Polymarket to power its prediction market platform on Sports.com.
Through the integration, Sports.com Predict will leverage Polymarket's prediction market technology, allowing users to participate in real-time sports outcome markets within the Sports.com ecosystem. The platform is designed to support rapid scaling and drive transaction-based user activity.
The partnership also provides SEGG Media with a technology framework to expand Sports.com Predict across major sports and international markets, while supporting a global rollout within regulatory and operational frameworks.
"Polymarket is the ideal partner for Sports.com Predict, giving us the foundation to scale quickly ahead of the 2026 FIFA World Cup and to drive repeat, transaction-driven fan engagement," said Chairman Marc Bircham.
Under the agreement, SEGG Media and Polymarket will participate in a transaction-based revenue share on trades executed via the platform, which the company said will create a high-margin growth engine.
The company noted that Sports.com Predict is being rolled out in phases, subject to regulatory considerations and development progress.
SEGG Media Shares Rise
SEGG Price Action: At the time of publication, SEGG Media shares are trading 10.71% higher at $1.03, according to data from Benzinga Pro.
This illustration was generated using artificial intelligence via Midjourney.
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