Genius Sports
Genius net loss flat as betting, media units report revenue upturn
Genius Sports’ first-quarter net loss remaining flat at $25.5m comes as improved revenue generation at its betting and media divisions underpinned the financial performance.
Genius’ annual net loss narrows to $86m after revenue jump
Fourth-quarter and full-year net losses at Genius Sports narrowed considerably in 2023 as the data, technology and broadcast services group posted revenues exceeding its initial guidance.
NFL-Genius betting rights extension reaffirms that cash is king
The current crop of cash-plus-equity betting rights deals agreed by US sports leagues at the start of the decade are likely to be the last of their kind, according to industry experts polled by SportBusiness for its new Betting Rights Report 2024.
NFL seeks greater year-round engagement through NFL+
While maintaining its linear dominance, the NFL is increasingly focusing attention on NFL+, its direct-to-consumer streaming service which has just completed its second regular season.
Basketball leagues, federations introduce AI tech under long-term Fiba-Genius deal
Fiba has announced a major expansion to its long-term agreement with Genius Sports, with the deal to provide leagues and national federations with access to an AI-powered automated player tracking system for the first time.
Betting business drives Genius’ Q3 revenue jump but net loss hits $11.6m
A 34-per-cent jump in revenue in its core betting business helped Genius Sports report increased third-quarter revenue of $101.7m (€95.2m) but foreign currency headwinds contributed to an $11.6
NFL expands data deal with Genius Sports for streaming service
Genius Sports has expanded its deal with the National Football League to supply NFL+, the league's video streaming subscription service, with data-driven on-screen graphic overlays during game broadcasts
Sportradar, Genius hit by US lawsuits over streaming patents
Panda Interactive, a Las Vegas-based sports technology company, has filed two separate complaints against Sportradar and Genius Sports for what it claims is infringement on its foundational interactive streaming technology patents.
Genius Sports, PLP roll out Premier League Data Zone worldwide
Data, technology and broadcast services group Genius Sports has signed a new deal with Premier League Productions (PLP) for the global rollout of its data zone feature, which is designed to enhance match broadcasts with live performance analytics and data-driven graphics.
Genius unites in-play betting, data visualisations in NFL video streams
Genius Sports is to leverage its landmark betting video and data rights contract with the National Football League by launching streams that allow customers to place bets within a live video player and…
Genius commences secondary offering of 20m shares
Data, technology and broadcast services group Genius Sports has today (Thursday) announced the commencement of a public offering of 20 million ordinary shares by an affiliate of investment funds advised by Apax Partners, which acquired a majority stake in the company in 2018, at a price of $5.35 (€5.02) a share.
Serie A betting rights income could double amid favourable market conditions
Experts in the betting and data rights markets point to at least three reasons why Italy’s Serie A can expect a large increase in its income from these rights in the next cycle, with one predicting the value would “at least double”.
Genius Q2 revenue rise driven by betting, media uplifts
Data, technology and broadcast services group Genius Sports has posted a year-on-year quarterly revenue increase of 22 per cent, boosted by strong revenue uplifts in its betting and media divisions
Genius retains flagship NFL contract to 2028
Genius Sports has kept hold of one of its flagship contracts by extending its National Football League data and betting video rights deal until the end of the 2027-28 season
Genius adds ELF betting rights to American football portfolio
Data, technology and broadcast services group Genius Sports has widened its presence in American football by agreeing a data and streaming deal with the European League of Football (ELF)
Genius Q1 betting uplift compensates for dips in other segments
Data, technology and broadcast services group Genius Sports has posted a year-on-year revenue uplift of 13 per cent for the first quarter, fuelled by a significant increase in income from betting technology,…
Chinese Taipei FA looks to modernise domestic leagues with Genius deal
Sports data and betting services company Genius Sports has agreed a four-year official betting data, streaming and integrity deal with the Chinese Taipei Football Association (CTFA), the data rights-holder…
Genius Sports posts annual revenues of $341m, loss cut to $182m
Sports data and betting services company Genius Sports posted revenue of $341m (€320m) for the 2022 financial year, narrowly ahead of projections, as group net loss dropped considerably from $592.8