Tag Archives: Betgenius

Two-Up acquired by Playmaker to enhance technology services

Two-Up has been acquired by Toronto-based Playmaker Capital, with the latter aiming to leverage the digital media sports company to strengthen technology offerings. By acquiring Two-Up, Playmaker will incorporate a team of 24 sales and technology specialists at its two primary offices in London and Krakow, including 15 engineers with experience in the development of regulated betting products, monetisation tools, …

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Genius Sports returns to profit as NYSE journey begins 

Genius Sports has published its first set of financial results as a newly listed NYSE company. Publishing its full-year 2020 results (period ending 31 December), Genius recorded corporate revenues of $149 million – up 30% on FY2019 results of $115 million.  The firm’s betting technology unit (formerly Betgenius) served as the group’s biggest income contributor, generating FY2020 revenues of $111 …

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Genius Sports ready for NYSE debut 

Genius Sports will begin trading on the New York Stock Exchange (NYSE) as of tomorrow morning, Wednesday 21 April (ticker – GENI), having completed all merger requirements with SPAC vehicle dMY Technology Group II (dMY II). In a statement released this afternoon, the firm communicated that its business combination had been formally approved at a special meeting of dMY II’s …

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Genius Sports takes full commercial responsibility of NFL betting data

Genius Sports has become the lead strategic data partner for the NFL, in a deal which will see it develop new fan-led experiences and commercialise existing game data provisions for the league.  The partnership sees Genius become the exclusive global data distributor of NFL real-time and play-by-play statistics for all wagering-related services including sportsbook, publishing and media. Updating stakeholders, the …

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Genius Sports launches lawsuit against Sportradar

Genius Sports has filed a lawsuit against rival provider Sportradar in the UK High Court over the data firms’ ongoing legal dispute, according to a report by Sportico. In May 2019, the Genius Sports subsidiary was appointed by Football DataCo (FDC) as the ‘exclusive live data supplier’ for the Premier League, English Football League (EFL) and Scottish Professional Football League …

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Caliente upgrade sees Genius Sports secure ‘another Mexican win’

Genius Sports has significantly advanced its LatAm market footprint, as Mexico’s Grupo Caliente expands its existing partnership with the sports tech firm to cover all wagering disciplines. Recognised as Mexico’s biggest gambling group, Caliente has agreed for Genius Sports’ Betgenius division to serve as lead provider of all sportsbook management provisions for its flagship Caliente.mx brand.  Caliente has, therefore, upgraded …

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Genius Sports files IPO statement with SEC

Genius Sports Group has filed a ‘registration statement’ informing the US Securities and Exchange Commission (SEC) of its intention to merge with special purpose acquisition company (SPAC) ‘dMY Technology Group II’ (dMY II). The SEC filing has been registered by the newly created holding company of ‘Galileo NewCo Ltd’ (NewCo) and confirms the merger approval by both Genius and dMY …

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Q3 revenues up as platform integration pipeline builds for GiG

GiG

“The third quarter of 2020 has delivered a significant step forward for GiG as a B2B focused organisation,” wrote CEO Richard Brown, as the company’s quarterly revenues reached €17.9m with EBITDA of €3.2m. Adjusted revenues were recorded at €14.2m – an increase of 42% from €10.0m year-on-year, while EBITDA was up by €3.6m. This growth, said Brown, was complemented with …

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How Euro 2020’s postponement is challenging the industry to adapt

Due to the COVID-19 pandemic, the UEFA Euro 2020 summer football tournament was postponed and rescheduled for next year. Although this was frustrating for many betting companies, it also provided them with an opportunity to improve their offerings. On a Stats Perform sponsored panel titled The Challenges with Euro 2020 on day two of Betting on Sports Europe – Digital …

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Betway upgrades in-play capacity with Betgenius deal extension

Genius Sports has signed a long-term contract extension with Betway, which will see it continue as the operator’s lead supplier of sportsbook data, content and market trading provisions. Expanding an existing partnership arrangement, Betway will have its in-play markets upgraded by Betgenius’ in-play software, offering the highest quality of live content and reliability of live data across all major sports …

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