Is Sports Entertainment Gaming Global Corp (SEGG) Halal?

NASDAQ Consumer Cyclical United States $10M
✗ NOT HALAL
Confidence: 95/100
Sports Entertainment Gaming Global Corp (SEGG) is Not Halal under AAOIFI Standard 21 due to its classification in the Gambling industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Gambling ✗ NOT HALAL
DJIM Excluded — Gambling ✗ NOT HALAL
MSCI Excluded — Gambling ✗ NOT HALAL
S&P Excluded — Gambling ✗ NOT HALAL
FTSE Excluded — Gambling ✗ NOT HALAL

Financial Highlights

EPS
$-7.63
P/B Ratio
0.1
EV/EBITDA
-1.8
EV: $19M
Revenue
$1M
Growth: -31.4%
Beta
1.3
High volatility
Current Ratio
0.6

Profitability

Gross Margin 29.6%
Operating Margin -3308.9%
Net Margin 0.0%
Return on Equity (ROE) -58.5%
Return on Assets (ROA) -14.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$2M
Free Cash Flow-$3M
Total Debt$6M
Debt-to-Equity13.2
Current Ratio0.6
Total Assets$53M

Price & Trading

Last Close$0.59
50-Day MA$1.20
200-Day MA$4.62
Avg Volume11.6M
Beta1.3
52-Week Range
$0.46
$26.45

About Sports Entertainment Gaming Global Corp (SEGG)

CEO
Mr. Robert J. Stubblefield CPA
Employees
12
Sector
Consumer Cyclical
Industry
Gambling
Country
United States
Exchange
NASDAQ
Market Cap
$10M
Currency
USD

Sports Entertainment Gaming Global Corporation, doing business as SEGG Media Corp., SEGG Media, and SEGG, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of domestic and international lottery games from approximately 40 countries, including the United States, Canada, and the United Kingdom to digital publishers and media organizations. Its B2B API platform provides users with the ability to purchase legally sanctioned draw lottery games through a mobile or computer device, as well as engages in sweepstakes campaigns. The company also operates Sports.com that connects sports content with audiences. The company was formerly known as Lottery.com Inc. and changed its name to Sports Entertainment Gaming Global Corporation in January 2026. Sports Entertainment Gaming Global Corporation was incorporated in 2016 and is headquartered in Fort Worth, Texas.

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Frequently Asked Questions

Is Sports Entertainment Gaming Global Corp (SEGG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sports Entertainment Gaming Global Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Sports Entertainment Gaming Global Corp's debt ratio?

Sports Entertainment Gaming Global Corp's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Sports Entertainment Gaming Global Corp's key financial metrics?

Sports Entertainment Gaming Global Corp has a market capitalization of $10M, and revenue of $1M. Return on equity stands at -58.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.