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 …
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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 …
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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 …
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Genius Sports has maintained its strategy of global expansion by securing a partnership with the Basketball Africa League (BAL), taking on the responsibilities of Official Provider of Real Time BAL Statistics. A long time data partner of the International Basketball Federation (FIBA) and its 200-member leagues and federations, Genius will build on its presence in the sports via the new …
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Data and technology provider Genius Sports has entered into a ‘definitive agreement’ to acquire Second Spectrum, an official analytics partner of several high-profile professional sports leagues and teams, for a purchase price of $200 million. As a data tracking and analytics partner of the English Premier League, National Basketball Association (NBA) and Major League Soccer (MLS), Second Spectrum will significantly …
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The NBA has announced a multiyear global data and statistics distribution agreement with Sportradar and Second Spectrum. Restructuring its data, insights and analysis infrastructure, the NBA will implement a new Sportradar and Second Spectrum developed state-of- the-art league-wide player tracking system. Beginning season 2017/18 the partnership will further see Sportradar become the official ‘Global Distributor’ of real-time NBA league and match …
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