Genius Sports trades with confidence as a strong opening to 2024 sees the NYSE technology group generate peak demand for its betting and media services. In its Q1 trading update, Genius raised its full-year 2024 guidance to a combined revenue of $500 million and an adjusted EBITDA of $82 million, upgrading from its previous FY targets of $480 million and …
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Genius lining up BetVision to meet Europe-style US betting behaviour
Genius Sports expects US bettor behaviour to develop broadly in line with that of Europe, and is positioning itself as a data leader in the sector through high-profile partnerships and product innovation. That was the message CEO Mark Locke related to investors following Genius’ latest quarterly earnings update, shortly before the firm announced a new stateside partnership with FanDuel, the …
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