Tag Archives: Genius Sports

Genius delivers on H1 targets narrowing transformative NYSE losses

SBC News Genius delivers on H1 targets narrowing transformative NYSE losses

Genius Sports has reported a robust opening to year trading, as its NYSE settled business narrows first-half 2022 losses to $45m. Total group revenue during H1 2022 amounted to $157m, a 43% increase on the 2021 figures of $109m, whilst income in the second quarter specifically rose by 27.3% to $71m (2021: $55.8m). Although losses were recorded during both the …

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The shortlists are in — meet the contenders for SBC Awards taking place at the majestic Palau National

SBC News The shortlists are in — meet the contenders for SBC Awards taking place at the majestic Palau National

SBC is excited to announce that the shortlists for this year’s SBC Awards 2022 ceremony, taking place as part of the SBC Summit Barcelona in September, have now been decided.  The shortlists cap a successful year for Betsson Group, which leads the way with nine nominations, hoping to maintain the Casino Operator of the Year title and dethrone Bet365 in …

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Tipsport orders data makeover by Genius Sports

SBC News Tipsport orders data makeover by Genius Sports

Leading Central European bookmaker Tipsport has approved a ‘major expansion’ of sports and betting data provisions supplied by Genius Sports.  The uplift will enhance the Tipsport sportsbook inventory with Genius Sports’ suite of data-driven pre-match, LiveData and LiveTrading solutions whilst providing full flexibility and control over each element of its sportsbook trading operations. Tipsport will benefit from the firm’s optimal …

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Genius Sports and Clue make ‘exciting step’ in detecting betting-related corruption

Genius Sports and Clue

Genius Sports has partnered with Clue, a provider of intelligence and investigations software, in launching a comprehensive integrity intelligence platform for sport. As the integrity partner to over 150 leagues and federations, Genius Sports will use the new system to help anticipate and detect global trends in betting-related corruption, support investigations and provide increased visibility to sports organisations worldwide.  Clue’s …

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Sir Hugh Robertson to drive ‘health and future growth’ of Genius Sports

SBC News Sir Hugh Robertson to drive ‘health and future growth’ of Genius Sports

Genius Sports has appointed Sir Hugh Robertson, Former UK Minister for Sport and the London Olympics, as an Advisor for the company with immediate effect.  The sports data and technology company highlighted Robertson as having a ‘wealth of experience’ which he will bring to the company’s newly formed Business Advisory Council to help identify strategic development opportunities.  Mark Locke, CEO …

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Genius Sports reaffirms 2022 financial outlook against changing market dynamics

SBC News Genius Sports reaffirms 2022 financial outlook against changing market dynamics

Genius Sports has reaffirmed confidence in achieving its full-year 2022 financial objectives, irrespective of ongoing market headwinds and adjustments.   Publishing its Q1 2022 trading update (period ending 31 March), Genius registered corporate revenues of $86 million, up 60% on Q1 2021 comparative results of $54 million and outperforming its ‘expected guidance’ by 10%. Headline growth was attributed to increased demand …

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Genius Sports signs live data and analytics deal with Benfica

SBC News Genius Sports signs live data and analytics deal with Benfica

In an expansion of its Portuguese operations, Genius Sports has partnered with SL Benfica, covering live tracking data, analytics and enhanced broadcasting. The deal will see Genius’ Second Spectrum subsidiary provide tracking technology, machine learning and AI capabilities to provide ‘statistical insight’ into the team. Additionally, the company will also conduct a broadcast role for Benfica to bolster fan engagement …

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Genius Sports to power Betsul’s Brazilian sportsbook operations

SBC News Genius Sports to power Betsul’s Brazilian sportsbook operations

To drive its sports betting business in the Brazilian market, online firm Betsul has partnered with Genius Sports to leverage the latter’s data, technology and broadcast solutions.  Genius will provide the Latin American operator with its suite of data-backed outsourced solutions such as PreMatch, LiveTrading and Risk, and in order to maximise turnover, margins and control, Betsul will have ‘full …

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Betting industry Ukraine solidarity continues as Pragmatic Play donates £100k

SBC News Betting industry Ukraine solidarity continues as Pragmatic Play donates £100k

As support for the Ukrainian public continues to pour in from a range of industries, including betting and gaming, Pragmatic Play has announced a new contribution. The igaming and sportsbook solutions provider revealed today that it is donating £100,000 to the Red Cross’ Red Crescent Movement response appeal, with all funds channelled towards humanitarian causes in Ukraine.  In particular, the …

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