Tag Archives: Genius Sports

Genius Sports: Go local… Why you need regionalised trading to scale your sportsbook

SBC News Genius Sports: Go local... Why you need regionalised trading to scale your sportsbook

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 …

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Genius further cuts down losses as 2022 revenue hits all targets

genius sports

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 …

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Genius Sports’ Second Spectrum signs NBA analytics deal

Genius Sports’ Second Spectrum signs NBA analytics deal

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 …

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Genius Sports makes two Board appointments for ‘operational expertise’

SBC News Genius Sports makes two Board appointments for ‘operational expertise’

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 …

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Genius Sports to provide the XFL with ‘vital’ data strategy

SBC News Genius Sports to provide the XFL with ‘vital’ data strategy

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 …

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Genius Sports debuts Marketing Suite as the optimal solution for sports engagement

SBC News Genius Sports debuts Marketing Suite as the optimal solution for sports engagement

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 …

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Genius Sports to bolster PGA Tour’s bet monitoring strategy

SBC News Genius Sports to bolster PGA Tour’s bet monitoring strategy

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 …

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SportingRisk appoints Andy Phillips as commercial lead

SBC News SportingRisk appoints Andy Phillips as commercial lead

SportingRisk has confirmed the appointment of Andy Phillips as Chief Commercial Officer (CCO) of the dedicated sports modelling and risk forecasting solutions provider. In his remit, Phillips will focus on expanding SportingRisk’s client portfolio and the commercial growth opportunities of new products such as PropFutures –  the firm’s client customised player prop and interval-based markets product. An expert in commercial …

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Genius Sports and SoftConstruct settle dispute with multi-year licence

Genius Sports and SoftConstruct settle dispute with multi-year licence

SoftConstruct and Genius Sports have resolved their legal dispute, which was centred  around the latter’s ownership of sports data.  As a result of settling the litigation, SoftConstruct will recognise Genius’ ownership of said database rights, and has also signed a multi-year agreement with the firm. This will see the London-based sports technology and data company supply the igaming firm with …

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Year in Review: UK judgement day looms and global crypto takes a hit

SBC News Year in Review: UK judgement day looms and global crypto takes a hit

As 2022 drew to a close the ever-constant shadow of the Gambling Act review continued to hang over the UK betting space, whilst a number of big names continued to make major moves.  Following the political chaos of Boris Johnson’s premiership, the situation began to stabilise at Westminster under Rishi Sunak, including the appointment of Paul Scully MP as Minister …

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