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Business
March 4, 2025
Genius Sports’ Q4 and FY 2024 Report Highlights Strong Financials
Genius Sports has become the latest sports data company to publish its Q4 and full-year report. The company has likewise posted its guidance for 2025, confirming that it expects its metrics to continue hiking. Genius Sports’ Metrics Increased Across the Board In the fourth quarter of the year, Genius Sports’ group revenue was up 38% […]
Sports
March 4, 2025
Panda Interactive Broadens Lawsuit Against Genius Sports and Sportradar
SportsCastr Inc., which does business as Panda Interactive, has ramped up its legal fight against Genius Sports and Sportradar. The company has filed updated complaints that add antitrust accusations to the existing patent infringement claims. Panda Interactive Claims Sports Data Giants Block Fair Competition Panda Interactive argues that the two sports data powerhouses have taken […]
Business
January 16, 2025
Genius Sports Raises $144M, Confirms 2024 Outlook
The official data, technology, and broadcast partner that powers the global ecosystem connecting sports, betting, and media, Genius Sports, has announced the pricing of its underwritten public offering. Namely, the trusted partner to over 400 sports organizations aims to raise approximately $144 million in net proceeds by selling 17,647,059 ordinary shares at $8.50 each. The […]
Industry
October 30, 2024
Brazil’s Ministry of Finance Inks Deals with Match-Fixing Monitoring Bodies
On October 29, Brazil’s Ministry of Finance announced a five-year partnership with four major organizations that specialize in industry monitoring and integrity to help combat match-fixing. The Ministry’s Secretariat of Prizes and Bets (SPA) signed Technical Cooperation Agreements with betting data specialist turned into one of the world’s largest sports technology companies, Genius Sports, leading […]
Sports
October 3, 2024
Genius Sports Brings Xbox Visionary as Independent Board of Directors
Welcoming Robbie Bach, a former Xbox boss, Genius Sports is looking to tap into the visionary’s ability to steer companies towards success. Genius Sports Taps Console Game System Visionary as Director Although his experience may be disparate to the specific industry he is now going to work in as part of the Board of Directors, […]
Business
July 22, 2024
Elon Musk’s X Teams Up with Genius Sports for New Ads Tool
In anticipation of a summer filled with significant sporting events like the Olympic and Paralympic Games, X (formerly Twitter) has partnered with Genius Sports to launch an innovative advertising tool called Trend Genius. The product uses live conversations on X to maximize ad spending during periods of peak engagement. Genius Sports and X Launch Trend […]
Business
July 11, 2024
Apax Partners Fully Exits Equity Position in Genius Sports
Apax Partners LLP’ Funds (Apax Funds) have fully monetized their equity interest in the official data, technology, and commercial partner powering the global ecosystem that ties sports, betting, and media, Genius Sports Limited. Apax no longer holds any shares in the company that allows its technology to be used in more than 150 countries. Apax […]
Business
June 21, 2024
Genius Sports Appoints Chair and Director, David Levy Takes Advisory Role
Sports data, tech and broadcasting specialist Genius Sports announced changes to its board, including the appointment of an industry heavyweight as chair and the transfer of ex-chair Levy to and advisory role. In addition, the company will welcome a new independent director. According to Genius Sports, its board will now be chaired by Kenneth […]
Industry
June 12, 2024
Genius Sports Teams up with IBIA, Becomes an Associate Member
Genius Sports has signed a global sports betting integrity information sharing and anti-match-fixing partnership with the International Betting Integrity Association (IBIA). The agreement will also cement the former company as the association’s latest associate member. According to the announcement, the agreement will create a “powerful alliance” that brings together one of the biggest sports tech […]
Business
May 8, 2024
Genius Sports’ Q1 Results Surpass Expectations
Genius Sports, a company describing itself as the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, has published its results for the first quarter of the year. The company reported favorable metrics and updated its financial outlook for 2024. In Q1 2024, Genius Sports’ group revenue reached […]
