Articles from Genius Sports
Genius Sports Reaffirms 2024 Guidance and Announces Preliminary Unaudited Estimate of Fourth Quarter Cash, a Positive Net Cash Position in the Full-Year 2024
Genius Sports Limited (NYSEGENI) (“Genius Sports,” the “Company,” “we” or “our”) announced today that it is reaffirming its previously disclosed 2024 guidance of Group Revenue of approximately $511 million and Group Adjusted EBITDA of approximately $86 million. Additionally, the Company reported its preliminary unaudited estimate of cash, cash equivalents and restricted cash as of December 31, 2024 of approximately $135 million, which is expected to be up from $69 million as of September 30, 2024 and up from $126 million as of December 31, 2023. This equates to a positive net cash position for 2024 as previously disclosed as part of our 2024 guidance.
By Genius Sports · Via Business Wire · January 15, 2025
Genius Sports Announces Pricing of Public Offering
Genius Sports Limited (NYSEGENI) (“Genius Sports,” the “Company,” “we” or “our”) announced today the pricing of an underwritten public offering of 17,647,059 ordinary shares, par value $0.01 (the “Ordinary Shares”), by the Company at a price to the public of $8.50 per Ordinary Share. The offering is expected to close on January 16, 2025, subject to the satisfaction of customary closing conditions.
By Genius Sports · Via Business Wire · January 15, 2025
Genius Sports to Participate in the Annual Needham Growth Conference
Genius Sports Limited (NYSEGENI) (“Genius Sports” or the “Company”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced that Nick Taylor, the Company’s Chief Financial Officer, will participate in the 27th Annual Needham Growth Conference.
By Genius Sports · Via Business Wire · January 7, 2025
TNT Sports, in Collaboration with NBA 2K and Genius Sports, to Present NBA 2K25 DataCast Alternative Telecast on truTV & Max for 2024 Emirates NBA Cup Knockout Round Coverage
TNT Sports’ networks and platforms will showcase Knockout Rounds action of the 2024 Emirates NBA Cup with multiple viewing experiences available for fans across TNT, truTV and Max.
By Genius Sports · Via Business Wire · December 3, 2024
First-Of-Its-Kind “EA Sports Madden NFL Cast” to Stream Live Exclusively on Peacock for Texans-Chiefs Matchup on Saturday Dec. 21 at 1 P.M. ET
NBC Sports and Peacock will collaborate with the National Football League, EA SPORTS, and Genius Sports (NYSEGENI) to present a first-of-its-kind EA SPORTS Madden NFL Cast of the Houston Texans-Kansas City Chiefs game on Saturday, Dec 21 at 1 p.m. ET, exclusively streaming on Peacock. The Madden NFL Cast was announced last night on NBC and Peacock at halftime of Miami Dolphins-Green Bay Packers – the third game in the NFL’s “John Madden Thanksgiving Celebration.”
By Genius Sports · Via Business Wire · November 29, 2024
Genius Sports Reports Third Quarter Results Above Expectations and Raises Full-Year 2024 Group Revenue and Adj. EBITDA Growth Outlook to 24% and 61%, Respectively
Genius Sports Limited (NYSEGENI) (“Genius Sports” or the “Group”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal third quarter ended September 30, 2024.
By Genius Sports · Via Business Wire · November 12, 2024
Los Angeles Rams launch Next Gen Stats-powered, in-stadium highlights through new collaboration with Genius Sports
The Los Angeles Rams (“Rams”) have collaborated with Genius Sports Limited (“Genius Sports”) (NYSEGENI) to provide their fans with augmented, data-driven in-game highlights within SoFi Stadium.
By Genius Sports · Via Business Wire · October 14, 2024
Genius Sports to Announce Third Quarter 2024 Results on November 12
Genius Sports Limited (“Genius Sports”) (NYSEGENI) today announced that it will release its third quarter 2024 results before 8:00AM ET on Tuesday, November 12, 2024.
By Genius Sports · Via Business Wire · October 7, 2024
Genius Sports Launches FANHub, World’s First Advertising & Activation Platform to Reach & Engage Sports Fans
Today Genius Sports Limited (“Genius Sports”) (NYSEGENI) announced the launch of its fan activation platform FANHub, the only omnichannel marketing platform custom-built to reach and engage sports fans.
By Genius Sports · Via Business Wire · October 7, 2024
Genius Sports Announces New Board Appointment: Robert J. Bach appointed as an Independent Director
Genius Sports Limited (NYSEGENI) (“Genius Sports”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting, and media, today announces the appointment of Robert J. (Robbie) Bach to the Genius Sports Board of Directors (the “Board”), effective as of October 1, 2024.
By Genius Sports · Via Business Wire · October 2, 2024
Genius Sports Announces Appointment of Mark Kropf as Group Chief Technology Officer
Genius Sports Limited (“Genius Sports”) (NYSEGENI), the official data, technology, and commercial partner that powers the global ecosystem connecting sports, betting, and media, today announces the appointment of Mark Kropf as its Group Chief Technology Officer (“CTO”).
By Genius Sports · Via Business Wire · September 30, 2024
Genius Sports Limited Addresses Media Speculation Regarding a Potential Acquisition of Kambi Group plc
In response to these rumours, Mark Locke, CEO of Genius Sports Limited (“Genius Sports”) (NYSEGENI) issued the following statement: "As policy, we do not comment on unfounded and ill-informed rumours. To prevent any further speculation, we can confirm that we are not involved in any discussions of this nature with Kambi."
By Genius Sports · Via Business Wire · September 4, 2024
Genius Sports to Supply Semi-Automated Offside Technology for the Premier League
Leading sports data and technology company Genius Sports Limited (“Genius Sports”) (NYSEGENI) has been appointed as the Premier League’s Semi-Automated Officiating supplier.
By Genius Sports · Via Business Wire · August 14, 2024
Genius Sports Announces Upcoming Conference Schedule
Genius Sports Limited (NYSEGENI) (“Genius Sports”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, will participate in eight upcoming investor conferences.
By Genius Sports · Via Business Wire · August 12, 2024
Genius Sports Launches GeniusIQ to Accelerate the AI Revolution in Global Sport
Genius Sports Limited (“Genius Sports”) (NYSEGENI) today announced the launch of GeniusIQ, the next-generation data and artificial intelligence platform that will accelerate the revolution of how sport is understood and consumed by sports fans across the world.
By Genius Sports · Via Business Wire · August 8, 2024
Genius Sports Beats Second Quarter Revenue Guidance and Expects to Reaccelerate Growth with Increased 2024 Outlook
Genius Sports Limited (NYSEGENI) (“Genius Sports” or the “Group”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal second quarter ended June 30, 2024.
By Genius Sports · Via Business Wire · August 6, 2024
Genius Sports and Football DataCo Extend Exclusive Official Data Partnership Through 2029
Genius Sports Limited (“Genius Sports”) (NYSEGENI), the official data, technology, and commercial partner that powers the global ecosystem connecting sports, betting, and media, announces today the extension of its exclusive official data partnership with Football DataCo (“DataCo”) through 2029.
By Genius Sports · Via Business Wire · August 5, 2024
Genius Sports to Announce Second Quarter 2024 Results on August 6
Genius Sports Limited (“Genius Sports”) (NYSEGENI) today announced that it will release its second quarter 2024 results before 8:00AM ET on Tuesday, August 6, 2024.
By Genius Sports · Via Business Wire · July 19, 2024
X and Genius Sports Partner to Launch Trend Genius Product Ahead of Major Summer Sporting Events
Ahead of a summer of sport, including the Olympic & Paralympic Games, X and Genius Sports Limited (“Genius Sports”) (NYSEGENI) have announced the launch of the Trend Genius product, leveraging real-time conversations to accelerate ad attention in moments that matter.
By Genius Sports · Via Business Wire · July 18, 2024
Genius Sports Announces Availability of its 2023 Annual Report on Form 20-F
Genius Sports Limited (“Genius Sports”) (NYSEGENI), today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 has been filed with the Securities and Exchange Commission.
By Genius Sports · Via Business Wire · March 15, 2024
Genius Sports to Announce Fourth Quarter and Full Year 2023 Results on March 6
Genius Sports Limited (“Genius Sports”) (NYSEGENI) today announced that it will release its fourth quarter and full year 2023 results before 8:00AM ET on Wednesday, March 6, 2024.
By Genius Sports · Via Business Wire · February 26, 2024
Genius Sports Launches FanHub ID, the First Unified Fan Identification Solution for Advertising
Genius Sports, the global leader in sports data and technology, today launched an innovative new identification solution, FanHub ID. The privacy-compliant solution uses proprietary online and offline data signals to build fan-based profiles, giving marketers and content owners new opportunities to reach and measure engaged sports audiences at scale.
By Genius Sports · Via Business Wire · December 6, 2023
FanDuel Expands Genius Sports Partnership to Launch Revolutionary NFL BetVision Streaming Solution
Genius Sports Limited (NYSEGENI) (“Genius Sports”) today announced an expanded agreement with FanDuel Group (“FanDuel”) to deliver its transformative BetVision streaming solution.
By Genius Sports · Via Business Wire · November 15, 2023
Genius Sports to Announce Third Quarter 2023 Results on November 13
Genius Sports Limited (“Genius Sports”) (NYSEGENI) today announced that it will release its third quarter 2023 results before 8:00AM ET on Monday, November 13, 2023.
By Genius Sports · Via Business Wire · October 25, 2023
Genius Sports to Announce First Quarter 2023 Results on May 9
Genius Sports Limited (“Genius Sports”) (NYSEGENI) today announced that it will release its first quarter 2023 results before 8:00AM ET on Tuesday, May 9, 2023.
By Genius Sports · Via Business Wire · April 28, 2023
NBA and Genius Sports / Second Spectrum Expand Partnership to Deepen NBA League Pass Innovations With Enhanced Basketball Analytics and Develop New Next Gen Platform
Second Spectrum, a Genius Sports Limited company (“Genius Sports”) (NYSEGENI) and the National Basketball Association (NBA) today announced a multi-year partnership expansion naming Second Spectrum an Official NBA League Pass Augmentation Provider and an Official NBA Team Basketball Analytics Provider. The league and Second Spectrum will also work together to research and develop “Dragon”, a next-generation technology platform that will track "mesh” data, which aims to synthesize millions of on-court basketball data points.
By Genius Sports · Via Business Wire · March 9, 2023
XFL and Genius Sports Strike Official Data Distribution and Fan Engagement Partnership
The XFL announced today that Genius Sports Limited (“Genius Sports”) (NYSEGENI), has been named the Official Betting Data Distribution Partner and Free-to-Play Provider of the League.
By Genius Sports · Via Business Wire · February 17, 2023
TSN and Genius Sports Partner to Deliver Inaugural Augmented NFL Playoff and Super Bowl Feeds on TSN+
TSN, Canada’s sports leader, and Genius Sports Limited (“Genius Sports”) (NYSEGENI) have struck a new agreement to deliver cutting-edge broadcasts of NFL games on the newly launched TSN+ streaming product. As the official data partner of the NFL, Genius Sports will power ground-breaking, augmented broadcasts throughout the upcoming NFL Playoffs and Super Bowl LVII, delivering a revolutionary experience for NFL fans on TSN+.
By Genius Sports · Via Business Wire · January 19, 2023
Genius Sports Statement Following Settlement of Litigation with SoftConstruct
Genius Sports (NYSEGENI) and SoftConstruct have agreed a settlement to resolve their legal dispute. As part of this settlement SoftConstruct have agreed to purchase a multi-year license to supply Genius’ market-leading data via its BetConstruct and FeedConstruct channels, with such license acknowledging Genius's ownership of database rights.
By Genius Sports · Via Business Wire · January 4, 2023
Genius Sports Awarded Ohio Sports Gaming Supplier License
Genius Sports Limited (NYSEGENI) (“Genius Sports”), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has been granted a Sports Gaming Supplier License by the state of Ohio, Casino Control Commission.
By Genius Sports · Via Business Wire · December 20, 2022
Genius Sports Expands Partnership with NFL to Provide Watch & Bet Video Streams For the 2022 Season, Starting with Caesars Entertainment
The National Football League (“NFL”) and Genius Sports Limited (“Genius Sports”) (NYSEGENI), today announced an expansion of their partnership to connect fans with live, select NFL games through major U.S. sports betting platforms. As part of this expanded agreement and as an added benefit of its standing as an Official Sports Betting Partner and the first Official Casino Sponsor of the NFL, Caesars Entertainment (“Caesars”) NASDAQ: CZRNASDAQCZR)
By Genius Sports · Via Business Wire · December 5, 2022
Genius Sports Strikes ‘Watch & Bet’ Partnerships for NFL Video Streams in Canada with Three Approved Sportsbooks
The National Football League (“NFL”) and Genius Sports Limited (“Genius Sports”) (NYSEGENI) today announced new licensing agreements with three sportsbooks to distribute live video streams of NFL matches to their customers in Canada.
By Genius Sports · Via Business Wire · November 22, 2022
Genius Sports to Announce Third Quarter 2022 Results on November 10
Genius Sports Limited (“Genius Sports”) (NYSEGENI) today announced that it will release its third quarter 2022 results before 8:00AM EDT on Thursday, November 10, 2022.
By Genius Sports · Via Business Wire · October 28, 2022
Genius Sports Strikes Exclusive Official Data and Integrity Partnership With Australian Professional Leagues
Genius Sports Limited (“Genius Sports”) (NYSEGENI), the official data, technology and broadcast partner that powers the ecosystem connecting sports, betting and media, has been selected as the exclusive Official Data Partner of the Isuzu UTE A-League Men ("ALM") and Liberty A-League Women ("ALW) 2022-23 season as part of a wide-ranging new partnership with the Australian Professional Leagues (APL).
By Genius Sports · Via Business Wire · October 18, 2022
Genius Sports Statement Following Settlement of Litigation with Sportradar
The litigation has been resolved. The resolution enables FDC to continue to license and market FDC data, in future as it determines. Genius Sports shall maintain the exclusive right to provide low latency Official FDC betting data rights through 2024.
By Genius Sports · Via Business Wire · October 10, 2022
Colts Launch New “Pick Six” Predictor Game in Partnership With Genius Sports
The Indianapolis Colts today announced the launch of a new free-to-play “Pick Six” predictor game presented by Caesars Sportsbook, available to fans in the U.S. through the official Colts’ Mobile App and at Colts.com/PickSix.
By Genius Sports · Via Business Wire · September 23, 2022
MaximBet Strikes New Official Data, Trading and Personalized Marketing Partnership With Genius Sports
Genius Sports Limited (“Genius Sports”), the official data, technology and broadcast partner that powers the ecosystem connecting sports, betting and media, has secured an extensive new partnership with MaximBet.
By Genius Sports · Via Business Wire · September 8, 2022
Genius Sports Agrees to Official Data, Trading and Live Streaming Partnership with Bally’s Interactive
Genius Sports Limited (NYSEGENI) (“Genius Sports”) the official data, technology and broadcast partner that powers the ecosystem connecting sports, betting and media, has clinched a major new partnership with Bally's Interactive, a division of Bally's Corporation NYSE: BALYNYSEBALY)
By Genius Sports · Via Business Wire · August 25, 2022
Genius Sports to Announce Second Quarter 2022 Results on August 16
Genius Sports Limited (“Genius Sports”) (NYSEGENI) today announced that it will release its second quarter 2022 results before 8:00AM EDT on Tuesday, August 16, 2022.
By Genius Sports · Via Business Wire · July 21, 2022
Genius Sports Partners With Clue to Launch the Most Advanced Integrity Intelligence System in Sport
Genius Sports Limited (“Genius Sports” or “the Company”) (NYSEGENI), the official data, technology and broadcast partner that powers the ecosystem connecting sports, betting and media, and Clue, a leading provider of intelligence and investigations software, have launched the most comprehensive integrity intelligence platform in world sport.
By Genius Sports · Via Business Wire · June 28, 2022
Former UK Minister for Sport Sir Hugh Robertson joins Genius Sports’ Business Advisory Council
Genius Sports Limited (“Genius Sports”) (NYSEGENI), the official data, technology and broadcast partner powering the ecosystem connecting sports, betting and media, confirmed today that it has appointed Sir Hugh Robertson, Former UK Minister for Sport and the London Olympics, as an Advisor to the company with immediate effect.
By Genius Sports · Via Business Wire · May 31, 2022
Genius Sports to Announce First Quarter 2022 Results on May 12
Genius Sports Limited (NYSEGENI) (“Genius Sports”) today announced that it will release its first quarter 2022 results before 8:00 AM EDT on Thursday, May 12, 2022.
By Genius Sports · Via Business Wire · April 29, 2022
Genius Sports Secures Regulatory Approval for Ontario Launch
Genius Sports Limited (NYSEGENI) (“Genius Sports”), the official data, technology and broadcast partner that powers the ecosystem connecting sports, betting and media, announced today that it has obtained regulatory approval from the Alcohol and Gaming Commission of Ontario (AGCO), enabling the company to launch with partners from day one of the Ontario online market opening.
By Genius Sports · Via Business Wire · April 4, 2022
Genius Sports Announces Filing of Annual Report on Form 20-F
Genius Sports Limited (NYSEGENI) (“Genius” or “GSL” or the “Group”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 has been filed with the Securities and Exchange Commission.
By Genius Sports · Via Business Wire · March 18, 2022
Genius Sports to Announce Fourth Quarter and Full Year 2021 Results on March 11
Genius Sports Limited (NYSEGENI) (“Genius” or “GSL”) today announced that it will release its fourth quarter and full year 2021 results before 8:00AM EST on Friday, March 11, 2022.
By Genius Sports · Via Business Wire · February 15, 2022
Genius Sports Hosts its First Virtual Investor Day; Provides Business Overview Deep Dive and Expectations for Group Adj. EBITDA Profitability in 2022 and 2023
Genius Sports Limited (NYSEGENI) ("Genius" or "GSL") today will host its first virtual Investor Day, where the company’s management team will discuss their strategic vision, provide a deep-dive on the three product groups, and present a detailed overview of the company’s current financial position and future outlook. The event will also include sessions with customers and partners of Genius, including the National Football League, Football DataCo, Sky Betting and Gaming, a Board member appointed by Apax Partners, Chairman, David Levy and Genius executive, Steve Bornstein.
By Genius Sports · Via Business Wire · January 27, 2022
Genius Sports Director Share Purchase
Genius Sports Limited (NYSEGENI) (“Genius Sports” or the “Company”), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announces the purchase of common stock on the open market by individual members of the Company’s Board of Directors (“Director”), as follows.
By Genius Sports · Via Business Wire · November 30, 2021
Genius Sports Reports 70% Third Quarter Revenue Growth and Raises 2021 Revenue Guidance
Genius Sports Limited (NYSEGENI) (“Genius” or “GSL”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal 2021 third quarter ended September 30, 2021.
By Genius Sports · Via Business Wire · November 23, 2021
FanDuel Expands Genius Sports Partnership to Include Official NFL Data Content and Fan Engagement Solutions
Genius Sports Limited (NYSEGENI) (“Genius Sports”) today announced a new agreement with FanDuel Group (“FanDuel”) to provide a range of official NFL data, content, media products and trading services.
By Genius Sports · Via Business Wire · November 22, 2021
Genius Sports to Announce Third Quarter 2021 Results on November 23
Genius Sports Limited (NYSEGENI) (“Genius” or “GSL”) today announced that it will release its third quarter 2021 results before 8:00AM EST on Tuesday, November 23, 2021.
By Genius Sports · Via Business Wire · November 5, 2021
Second Spectrum and Genius Sports Expand Partnerships with Danish Soccer to Include Live Data Tracking & Analytics
The Danish League, the governing body of the premier competitions in Danish soccer, has expanded its partnerships with data technology leaders Second Spectrum (“2S”) and Genius Sports Limited (NYSEGENI) (“Genius Sports”) to deliver cutting-edge data tracking and analytics solutions.
By Genius Sports · Via Business Wire · October 28, 2021
Genius Sports and PointsBet Expand Partnership with Official Data, NFL and Fan Engagement Agreement
Genius Sports Limited (NYSEGENI) (“Genius Sports” or “the Company”), today announced a new supplier agreement with PointsBet Holdings Limited (ASX:PBH), a top-tier global online gaming operator, to provide its full range of official sportsbook data, content, and fan engagement solutions including for NFL, NASCAR and EPL. This new agreement builds on PointsBet and Genius Sports’ existing content and streaming partnership.
By Genius Sports · Via Business Wire · October 6, 2021
Genius Sports Announces Expansion of Its Agreement With Entain and BetMGM With Official NFL Data and Fan Engagement Solutions
Genius Sports Limited (NYSEGENI) (“Genius Sports” or “the Company”), the official data, technology and commercial partner powering the ecosystem connecting sports, betting and media, today announced an expansion of its existing agreement with Entain and BetMGM.
By Genius Sports · Via Business Wire · September 30, 2021
Genius Sports Reports Strong Second Quarter 2021 Results
Genius Sports Limited (NYSEGENI) (“Genius” or “GSL”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal 2021 second quarter ended June 30, 2021.
By Genius Sports · Via Business Wire · September 8, 2021
Caesars Entertainment and Genius Sports Strike Major NFL, Official Sports Data, and Fan Engagement Partnership
Genius Sports Limited (NYSEGENI) (“Genius Sports”) today announced a new strategic relationship with Caesars Entertainment NASDAQ:CZRNASDAQCZR)
By Genius Sports · Via Business Wire · September 7, 2021
Genius Sports Appoints Former NFL Network and ESPN CEO as President, North America
Genius Sports Limited (NYSEGENI) (“Genius Sports” or “The Company”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media, today announced that Steve Bornstein will join the company in a newly created executive role of President, North America. Mr. Bornstein will lead the Company’s U.S. and Canadian activities, building on the existing team’s capabilities and relationships. He will assume the position with immediate effect.
By Genius Sports · Via Business Wire · August 18, 2021
Genius Sports Announces Strategic Partnership With MEDIAPRO Canada to Accelerate the Growth of Canadian Soccer
Genius Sports Limited (NYSEGENI) (“Genius Sports”) the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, is pleased to announce a new strategic partnership with MEDIAPRO Canada, a leading independent broadcast services, rights distribution and production company. The agreement will help grow the domestic and international addressable market for Canadian soccer, through Genius Sports’ leading official data, streaming and marketing solutions.
By Genius Sports · Via Business Wire · July 15, 2021
Genius Sports Clinches Major Expansion of Official Data, Streaming and Media Partnership With the Argentine Football Association
Genius Sports Limited (NYSEGENI) (“Genius Sports”) the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, has been selected by the Argentine Football Association ("AFA") as its exclusive Official Data & Streaming partner for all AFA competitions.
By Genius Sports · Via Business Wire · June 22, 2021
Genius Sports to Become Official Provider of Real-time Basketball Africa League Statistics
The Basketball Africa League (BAL) and Genius Sports today announced a data partnership that makes Genius Sports the Official Provider of Real-Time BAL Statistics. The announcement comes following the BAL’s debut, which tipped off this Sunday, May 16 at the Kigali Arena in Kigali, Rwanda, with 12 teams from across Africa competing in the new professional league. The first BAL Finals will be held Sunday, May 30.
By Genius Sports · Via Business Wire · May 17, 2021
Genius Sports Secures Multi-Year Official Data and Video Streaming Partnership With Japan B.LEAGUE
The B.LEAGUE (“B.LEAGUE), the national governing body of professional basketball in Japan, has selected Genius Sports (“Genius”) as its Exclusive International Streaming and Data Partner for Betting.
By Genius Sports · Via Business Wire · April 15, 2021