H2 Gambling Capital Managing Director Ed Birkin warned that exaggerating the size of Brazil's illegal gambling market could lead to the government implementing stricter restrictions. Due to different estimates of the illegal market size, Birkin believes that inaccurate figures might backfire, puttin
Genius Sports released its Q2 2025 financial report, showing impressive performance. The company's quarterly revenue reached $118.7 million, a 24% increase year-over-year, with a record adjusted EBITDA of $34.2 million, a 64% increase from the same period last year, and a profit margin of 28.8%.Perf
Sports data and technology giant Genius Sports announced a milestone cooperation agreement with Italy's top football league Serie A, obtaining exclusive official betting data and low-latency video streaming rights for Serie A, the Coppa Italia, and the Supercoppa Italiana, effective until the end of
Genius Sports announced a significant agreement with the European Leagues (EL), securing the exclusive distribution rights for official betting data covering over 8,000 men's and women's professional soccer matches across 18 member leagues, spanning 46 top European events.This multi-year partnership
Genius Sports officially announces the renewal and expansion of its data and streaming partnership with the sports betting platform provider First, aiming to further expand its influence in Latin America, especially in the Brazilian market. This collaboration not only strengthens the existing relati
Genius Sports has signed a multi-year strategic technology renewal agreement with the National Football League (NFL), extending their partnership until the end of the 2029 season.Since 2021, Genius Sports has been a key partner of the NFL, with the original agreement set to expire in 2028. The signi
Genius Sports announced its financial results for the first quarter ending March 31, 2025.Total revenue reached $144 million, a 20.3% increase year-over-year.Looking at various verticals, revenue from betting technology, content, and services grew by 44.2% to $106.5 million, due to contract renewals
Sportradar announced its preliminary financial results for the first quarter of this year, expecting revenue to be between 307 million euros and 311 million euros.In fact, compared to the 265.9 million euros generated in the first quarter of 2024, this total revenue has increased by 14.3% to 15.6%.M
Data provider Bayes Esports announced an extension of its existing partnership with Genius Sports, providing esports data for the latter's sports betting products.Following the announcement in August 2024 to expand the partnership agreement, Genius Sports and Bayes Esports aim to further strengthen
Genius Sports’ Q4 and FY 2024 Report Highlights Strong FinancialsGenius 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 Inc
A Genius Sports announced a strategic partnership with Index Exchange, one of the world's largest independent supply platforms, to create a marketplace through Index Marketplaces. This collaboration enhances the FANHub, a platform specifically created to reach sports fans, expanding access to premiu
Genius Sports Raises $144M, Confirms 2024 OutlookThe 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 or
Genius Sports reported third quarter revenue of $120 million and net income of $0.05 a share, each of which beat Wall Street consensus, rallying shares up 20% at the start of trading Tuesday.The sports and advertising data and analytics business said sales rose 18% in the period, ending Sept. 30. Pa
On Tuesday (29), Genius Sports signed a Technical Cooperation Agreement at the Ministry of Finance to deliver its expertise in combating match-fixing to the government. Through the partnership, the company will exchange cutting-edge data on suspicious manipulation activities to contribute to the int
Genius Sports welcomes Mark Kropf as its new Chief Technology Officer (CTO).Previously, Kropf served as the Director of Technology at Google's CTO office, where he worked on Google Cloud products for nearly five years.He has over twenty years of experience in the technology sector, having served as
A Genius Sports announced the launch of its FANHub activation platform, the only personalized omnichannel marketing platform designed to reach and engage sports fans. The new development enables programmatic purchases and social media, audience engagement, and creative customization. It also offers
