Lottery.com shares surge 12.07% premarket after rebranding to Sports Entertainment Gaming Global and leadership changes.

Lottery.com Inc. (SEGG) surged 12.07% in premarket trading following its rebranding to Sports Entertainment Gaming Global Corporation and recent management restructuring. The company announced it has "completely cleaned house," implementing significant governance and compliance reforms after prior accounting scandals involving its former CEO. Recent news highlights include leadership changes, a $2.5 million funding agreement, and strategic acquisitions aimed at expanding its sports, entertainment, and gaming ecosystem. These developments signal a pivot toward operational transparency and growth, aligning with the stock's positive premarket performance. The resolution of past legal issues and focus on compliance likely bolstered investor confidence in the rebranded entity.