Latest Sports Entertainment (ASX:SEG) News

Small explorers led the ASX week, with Lachlan Star, EcoGraf and Basin Energy recording the biggest gains on new drilling, offtake and exploration news.
Takeovers, capital raisings and strong company results also drew attention, although several large stocks fell despite reporting better earnings.

Sports Entertainment Group (ASX:SEG) has secured A$14.6 million in an oversubscribed placement at A$0.28 per share to back its transformative acquisition of New Zealand’s MediaWorks. The deal creates a trans-Tasman media powerhouse with combined pro forma FY26 revenue of A$284 million and EBITDA of A$36.1 million.

Sports Entertainment Group (ASX: SEG) is set to acquire New Zealand’s leading audio business MediaWorks for NZ$130 million, creating a dominant trans-Tasman media group with over 5 million weekly listeners and significant earnings accretion.

Sports Entertainment Group (ASX: SEG) has upgraded its FY26 underlying EBITDA forecast to $18 million, surpassing prior guidance, while refinancing senior debt to enhance financial flexibility.

Sports Entertainment Group (SEG) has upgraded its FY26 Underlying EBITDA guidance to a range of $15.5 million to $16.5 million, reflecting broad-based growth and operational efficiencies across its media and events businesses.

Sports Entertainment Group Limited has announced a significant on-market share buy-back program, aiming to repurchase up to 10% of its shares over the next year starting March 2026. The move reflects the board's confidence in the company's underlying value amid current market pricing.

Deal headlines and big drill hits shared the stage with a brutal sell-off in a handful of tiny raisings. The week’s biggest winners were backed by clear news; the biggest losers showed what happens when buyers vanish after a halt.

Sports Entertainment Group reports a robust first half FY26 with nearly doubling EBITDA and declares special dividends following asset sales.

Sports Entertainment Group Limited reported a robust half-year ending December 2025, with revenues climbing 28% and underlying EBITDA soaring 78%, driven by strong media and complementary services growth. The company also finalised its Perth Wildcats divestment, boosting cash reserves.

Sports Entertainment Group has completed its staged divestment of the Perth Wildcats, selling its remaining 30.6% stake for $12 million and concluding a $39.5 million exit. The move marks a strategic shift as SEG eyes new capital management opportunities.

Sports Entertainment Group (SEG) reported a 62% jump in underlying EBITDA for FY25, underpinned by strong margin expansion and operational leverage. The company reaffirms its optimistic FY26 outlook with double-digit EBITDA growth expected.

Sports Entertainment Group Limited (SEG) reports a robust start to FY26 with a 63% jump in underlying EBITDA and advances its strategic exit from Perth Wildcats.