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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bet365 gains global golf presence with PGA Tour deal
bet365 has secured its presence at the front of pro-golf, becoming the Official Betting Operator of the PGA Tour. Securing a 3-year partnership through to 2024, the PGA announced that bet365 would serve as its first betting partner outside of the USA. In its remit, bet365 will serve as the exclusive source for odds on the leaderboard and player pages …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »SBC Awards 2022 set for Barcelona in September
The SBC Awards are moving to a new location and a new spot in the sports betting and igaming industry calendar, as the 2022 ceremony will take place in the magnificent setting of the Palau Nacional in Barcelona on 22 September. The switch from the customary December date in London will see the Awards staged on the final night of …
Read More »Genius Sports bolsters 2022 commercial vision as NYSE status is settled
Genius Sports has reported positive financial results across all commercial verticals, as it ended a transformative 2021 with a revenue increase of 75% year-on-year, albeit with a substantial EBITDA decline. Publishing its Q4 and full year 2021 trading update, the London-based, NYSE-listed sports technology and data rights firm revealed year end revenue of $262.7 million (2020:$149.7m), as Q4 earnings stood …
Read More »Gaming Industry For Ukraine secures £190k in donations
The gambling industry’s fundraiser to support the Ukrainian public, Gaming Industry for Ukraine, has made strides towards achieving its £250,000 target. Issuing an update this morning, the initiative – which provides financial backing to the Choose Love charity’s Ukraine Crisis Fundraiser – detailed that it has secured £190,000 in donations from betting operators in the past week. Companies to have …
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