If you're following this story and reading the tea leaves you can see a master plan unfolding.
Recently $SEGG announced that they've partnered with Polymarket. Polymarket for the first time ever is doing a partnership and platform integration with another company. This company is SEGG. SEGG, formerly lottery.com, is now under a new interem CEO as of last December. They have the domain name to sports.com.
They will be launching this sports predictive market platform together in the next couple of weeks just in time to promote for the world cup which is the perfect storm to unleash this new product to the world.
I don't know if you're playing attention to regular sports betting companies but they're getting crushed by reduced margins and slow growth as predictive markets continue to get preferential treatment by the government. almost every big player like $DKNG and $FLUT are down huge on the year because people have moved to polymarket and Kalshi.
SEGG teaming up with polymarket to create sports.com is HUGE. people don't only prefer predictive market interference, they also have less hurdles to go through to trade on these platforms.
a door is legitimately opening up here for polymarket and SEGG to become the global leaders in sports betting through this new platform if the perfect storm of marketing and engagement happens during the world cup. and even if they don't overtake the old giants, they can at least carve out a very lucrative niche.
SEGG currently has a marketcap of 17 million or so. SEGG announced they would share fees from the platform with Polymarket, but the official fee split structure hasn't been announced yet. Even if SEGG takes a small cut, any level of real success for the platform should be a huge catalyst for the company.
Eventually this could end up as a polymarket buyout even, though I'd prefer they stay separate companies for continued upside.
by luck I bought some shares under a dollar today right at open today, but I am going to be adding more tomorrow at any price.
this is not financial advice but I'm stoked on the potential.