Tag Archives: Genius Sports

ASX eyes placed on Racing and Sports PTY $69m listing

SBC News ASX eyes placed on Racing and Sports PTY $69m listing

Racing and Sports PTY wants to become betting’s next data and media goliath, joining the high ranks of Sportradar, Genius Sports, Stats Perform and IMG Arena.  The Canberra upstart, which is eagerly awaiting its ASX Exchange listing later this month, is targeting an AUS $69 million (€45m) market capitalisation to accelerate its expansion beyond Australian shores.      Publishing its ASX prospectus, …

Read More »

Genius Sports boosts Polish market presence via STS deal

SBC News Genius Sports boosts Polish market presence via STS deal

Genius Sports has struck a partnership with Polish operator STS, focusing around driving the expansion of the latter’s in-play offering via the leveraging of data. As a result of the agreement, STS will gain access to the NYSE-registered sports data and technology firm’s LiveData and LiveTrading solutions to deliver official data across thousands of sporting events each year, as well …

Read More »

ParlayBay ‘hits the ground running’ with Genius Sports deal

ParlayBay ‘hits the ground running’ with Genius Sports deal

Genius Sports has agreed to power the ParlayBay portfolio of in-game accumulator solutions by providing its official sports data. As a result of the new partnership, which supports the launch of ParlayBay, Genius Sports will provide official data from its portfolio of competitions including the English Premier League, NFL, AFA, Liga MX and EuroLeague Basketball. “We are thrilled to introduce …

Read More »

Genius appoints Ian Wray to lead football expansion

SBC News Genius appoints Ian Wray to lead football expansion

Genius Sports has strengthened its leadership team as it seeks to expand its presence in international association football, appointing Ian Wray to oversee this growth strategy. In his new position, Wray will oversee the sports data and technology company’s partnerships with prominent football organisations, such as the English Premier League, Argentine Football Association (AFA) and Mexico’s Liga MX. The new …

Read More »

Growth hungry Genius Sports upgrades 2021 forecasts 

SBC News Growth hungry Genius Sports upgrades 2021 forecasts 

Genius Sports has upgraded its full-year 2021 financial forecasts, having disclosed peak Q2 trading which saw the sportstech group double its revenues to $59 million (Q2 2020: $27m).  Publishing its first H1 Interim results as an NYSE enterprise, Genius revealed double and triple-digit Q2 revenue outcomes across its core business units. A breakdown of Q2 performance saw Genius’ flagship Betting Technology …

Read More »

Genius Sports acquires Spirable to bridge convergence between media and betting

BetBright

Genius Sports has acquired Spirable in a move to bolster its data-driven video engagement capacities for all sports stakeholders. The NYSE sportstech group intends to leverage Spirable’s video platform and combine this system with its official sports data collection and distribution operations and client network to reduce costs for partners and enable ‘deeper engagement’ and ‘higher performance’. Mark Locke, CEO …

Read More »

DIMAYOR upgrade sees Genius Sports overhaul Colombian football media rights 

SBC News DIMAYOR upgrade sees Genius Sports overhaul Colombian football media rights 

DIMAYOR, the governing body of Colombia’s professional football leagues, has overhauled its entire media management and data gathering provisions, expanding its existing relationship with Genius Sports. The partnership will see Genius Sports launch a ‘new betting engagement commercial strategy’ optimising the media and data rights for DIMAYOR’s Liga BetPlay, Torneo BetPlay, Copa BetPlay and Superliga BetPlay competitions.  As result, all …

Read More »

Genius Sports strengthens LatAm status with AFA partnership

SBC News Genius Sports strengthens LatAm status with AFA partnership

Genius Sports has enhanced its market status in Latin American by securing the position of exclusive official data and streaming partner of the Argentine Football Association (AFA). The agreement will see the data and technology provider collect and distribute data across 3,330 games per season and 13 competitions at all levels of Argentine football, with the aim of internationally connecting …

Read More »

LSports expands LatAm footprint with Javier Manceñido Laczo appointment

LSports expands LatAm footprint with Javier Manceñido Laczo appointment

LSports has strengthened its presence in the Latin American market after naming Javier Manceñido Laczo as its new LatAm & Iberia representative. Prior to joining LSports, Manceñido Laczo amassed more than 15 years in the betting and gaming space, having worked for the likes of Genius Sports, Optima Gaming and Sportradar. Dotan Lazar, LSports CEO and co-founder said: “I think …

Read More »

Genius lifts 2021 forecasts following strong NYSE debut results

SBC News Genius lifts 2021 forecasts following strong NYSE debut results

A strong opening to year trading has led Genius Sports to raise its full-year 2021 forecasts, as the newly NYSE-listed enterprise targets corporate revenues of $250 to 260 million and adjusted EBITDA of approximately $10 to 20 million.  The upgraded forecast follows Genius’ publishing of its Q1 trading results in which the sports-tech group registered a 52% year-on-year revenue increase …

Read More »