Latest Sports Media News

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.

Linius Technologies has secured a 12-month extension with Racing.com and reported ahead-of-schedule progress on its AI-powered proof of concept with a top European soccer league, signaling growth in sports media technology.

Sports Entertainment Group Limited has reported a strong FY25 with a $22.9 million statutory profit and a 62% rise in underlying EBITDA, driven by organic growth and strategic divestments. The company also declared dividends and anticipates continued double-digit EBITDA growth in FY26.

Tabcorp Holdings Limited reported a robust FY25 with revenue climbing 11.8% and EBIT nearly doubling, driven by Victorian wagering licence reforms and disciplined cost management. The company’s strategic evolution and operational execution set the stage for modest growth in FY26.

Linius Technologies has landed a paid Proof of Concept with a leading European soccer league, aiming to showcase its video search and assembly platform to boost fan engagement. This deal could open doors to significant Tier 1 contracts in the lucrative European football market.

Sports Entertainment Group upgrades its FY25 EBITDA forecast to $9m-$10m, driven by strategic divestments and new media initiatives, setting the stage for continued growth in FY26.