Genius Sports

Genius Sports has retained one of its biggest contracts in a new and expanded multi-year agreement with the National Football League announced today (Wednesday).

Genius Sports has posted further significant betting revenue increases, allowing the company to eat into its quarterly group net loss, which reduced 67.9 per cent year-on-year to $8.2m (€7.2m).

The National Collegiate Athletic Association's (NCAA's) relationship with betting has taken a major U-turn after it expanded a deal with Genius Sports that permits the sale of data from its championship events to sportsbooks.

Genius Sports has further chipped away at its annual net loss, reporting a figure of $63m (€60m) in 2024, down 26 per cent year-over-year on the back of a sharp rise in core betting revenues.

Panda Interactive, a Las Vegas-based sports technology company, has expanded its legal complaints against Genius Sports and Sportradar by adding parallel antitrust claims to an ongoing patent infringement lawsuit.

The Infront agency has teamed up with Genius Sports on its tracking technology to provide Ligue 1 international broadcasters and bookmaker clients with an improved product.

Genius Sports has reported third-quarter net income of $13m (€12.3m) and an 18-per-cent revenue jump, buoyed by in-play NFL betting and following lucrative contract renewals with sportsbook clients.

The Los Angeles Rams has become the first NFL team to provide fans with data-driven in-game highlights through an agreement with Genius Sports that will provide additional ad inventory for Verizon.

Genius Sports has struck a new data insights deal with one of its main broadcaster clients in a long-term extension with US sports broadcaster ESPN

Genius Sports’ second-quarter net loss has widened year over year to $21.8m (€20m) as the group says it will only target profitable betting rights acquisitions, having already sewn up English Premier League and NFL contracts to nearly the end of the decade.

Germany’s 2. Basketball Bundesliga has amassed a betting rights package of at least 720 matches per season in a request for proposal (RFP) process that also includes the global broadcast rights, SportBusiness understands.

Apax Partners, the private equity advisory firm that had been Genius Sports’ largest shareholder, has sold its last remaining shares after winding down its stake across the last three years.

Sports data and betting services company Genius Sports is bringing its augmented broadcast technology to the Canadian Football League, airing live streams exclusively on Bell Media's TSN+

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 Sports, the sports data and betting services company, looks set to retain its lucrative betting data deal with Football DataCo (FDC), the data rights-holder for the top football leagues in England and Scotland.

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.

The Women's National Basketball Association has announced a multi-year deal with Genius Sports' Second Spectrum to provide tracking data to the league

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.