Tag Archives: Genius Sports

Genius Sports has enhanced its partnership with the Indonesian Basketball League (IBL) to launch an integrity programme to tackle match-fixing threats. The sports data and technology company is now set to provide the league with forensic data and insights regarding global wagering on its events.  Specifically, real-time odds movements will be analysed by Genius Sports’ Bet Monitoring System and cross-referenced …

Genius Sports expects to achieve positive cash-flow by the second half of this year after further shrinking its net losses during Q1 2023, continuing upward trajectory from 2022. Group wide quarterly revenue rose 13% to $97.2m (Q1 2022: $86.9m), alongside adjusted EBITDA of $8m, a substantial increase of 378% on a corresponding Q1 2022 loss of $3m, whilst the margin …

Genius Sports has secured an official data, streaming and integrity partnership with the Chinese Taipei Football Association (CTFA) – the data rights holder of Taiwan football. The four-year agreement covers the CTFA competitions including the Taiwan Football Premier League (TFPL), the Taiwan Mulan Football League (TMFL) and the Taiwan Football League Second Division.   Head of Customer Success, APAC of Genius …

The unique intricacies of catering to local customers make international expansion no easy feat for betting operators. As such, Will Westcott, Head of Business Development at Genius Sports, underlines the importance of fostering a go-local approach on pricing and risk management to meet new market challenges, demands and variables. With new markets across Asia, Latin America and the U.S. on …

Genius Sports has reported a strong close to year-end trading, with revenue up across all three of its core trading segments, as 2022 financial results exceed previous expectations. The NYSE-listed sportstech and data group saw its full year 2022 revenues rise 30% from $262.7m to $341m, whilst Q4 income increased 25.4% to $105.3m (2021: $84m). This enabled the firm to further …

Further expanding Genius Sports’ reach and visibility in North American wagering and sports, the firm’s Second Spectrum subsidiary has penned a deal with the NBA. The agreement between the London-based, NYSE-registered sportstech firm and the basketball league will focus on data and analytics, continuing to integrate NBA tracking data, basketball insights and analytics engine. On a broader scale, Second Spectrum …

Genius Sports has announced the addition of two new members of its Board of Directors, effective from 8 March 2023. Kenneth J. Kay will become an Independent Director and will immediately accept the role of chair of the Audit Committee, succeeding Harry You, and will also serve as a member of the Board’s Nominating and Corporate Governance Committee. Meanwhile, Michael …

Genius Sports has announced a data distribution deal with professional American football league, the XFL. The sports technology company is set to gain access to the league’s exclusive data rights whilst also being named its free-to-play provider to give its network of betting and media partners the ‘fastest, most accurate feed of XFL data’. This means that brands and advertisers …

Genius Sports has announced the launch of its new ‘Genius Marketing Suite’ – an “all-in-one fan marketing solution specifically developed to transform how partners identify, engage and retain sports fans.” Customised to fit individual clients’ needs, the Genius Marketing Suite enables brands, sponsors, sportsbooks, leagues and teams to optimise every stage of their fan marketing journey. The suite will provide …

As part of an expansion to the PGA Tour Integrity Program, the PGA Tour has announced that it is extending its relationship with Genius Sports. Integrity-monitoring services will now look to further proactively identify irregular contest-level, officiating and wagering patterns by conducting analysis across many data sets, through 2024. The Tour will continue to work with the London-based firm to …