---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-016647"
form_type: "8-K"
ticker: "SEGG"
cik: "0001673481"
company_name: "Sports Entertainment Gaming Global Corp"
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:37:11.826089+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nasdaq Hearing Panel grants Lottery.com continued listing subject to strict filing deadlines

## Summary
- Panel requires lottery.com to file amended 2021 10-K and Q1 2022 10-Q by May 15, 2023, and provide updated financial projections.
- Company restated $30M revenue from inCircle affiliate; now has 9 employees, 20 contractors, auditor Yusufali & Associates.
- Plans reverse stock split to regain bid price compliance; shareholder meeting July 31, 2023, split implementation Aug 3, 2023.
- Resumed lottery operations, sold 7M Texas tickets in April 2023; expects up to $38M revenue from lottery and Sports.com launch.
- $50M funding commitment from Woodford Eurasia contingent on curing filing delinquencies; Panel cited serious long-term concerns.

## SEC filing metadata
- accession: 0001493152-23-016647
- form_type: 8-K
- ticker: SEGG
- cik: 0001673481
- company_name: Sports Entertainment Gaming Global Corp
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673481/000149315223016647/0001493152-23-016647-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673481/000149315223016647/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-016647
- JSON: https://secwatch.observer/filing/0001493152-23-016647.json
- Plain text: https://secwatch.observer/filing/0001493152-23-016647.txt

## Key facts
- Listing & Compliance Notices
  Sports Entertainment Gaming Global Corp received a nasdaq delisting notice notice regarding late filing.
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: late filing
  source text: May 15, 2023, the Company shall provide the Panel with updated financial projections for 2022 and 2023, including income statements and balance sheets; and 2. On or before May 15, 2023, the Company shall file with the SEC the amended Annual Report on Form 10-K for the year ended December 31, 2021 (the “Amended 2021 10-K”) and Quarterly Report on Form 10-Q for the quarter ending March 31, 2022. In accordance with the Panel’s decision, the Company filed its Amended 2021 10-K on May 10, 2023. The Company intends to comply with the remaining conditions set forth by the Panel, as stated in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673481/000149315223016647/0001493152-23-016647-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
