-

Genius Sports Limited Addresses Media Speculation Regarding a Potential Acquisition of Kambi Group plc

NEW YORK & LONDON--(BUSINESS WIRE)--In response to these rumours, Mark Locke, CEO of Genius Sports Limited (“Genius Sports”) (NYSE:GENI) issued the following statement: "As policy, we do not comment on unfounded and ill-informed rumours. To prevent any further speculation, we can confirm that we are not involved in any discussions of this nature with Kambi."

ENDS

About Genius Sports

Genius Sports is the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media. Our technology is used in over 150 countries worldwide, creating highly immersive products that enrich fan experiences for the entire sports industry.

We are the trusted partner to over 400 sports organizations, including many of the world’s largest leagues and federations such as the NFL, EPL, FIBA, NCAA, NASCAR, AFA and Liga MX.

Genius Sports is uniquely positioned through cutting-edge technology, scale and global reach to support our partners. Our innovative use of big data, computer vision, machine learning, and augmented reality, connects the entire sports ecosystem from the rights holder all the way through to the fan.

Contacts

Media
Chris Dougan, Chief Communications Officer
+1 (202) 766-4430
chris.dougan@geniussports.com

Investors
Brandon Bukstel, Investor Relations Manager
+1 (954) 554-7932
brandon.bukstel@geniussports.com

Genius Sports

NYSE:GENI

Release Versions

Contacts

Media
Chris Dougan, Chief Communications Officer
+1 (202) 766-4430
chris.dougan@geniussports.com

Investors
Brandon Bukstel, Investor Relations Manager
+1 (954) 554-7932
brandon.bukstel@geniussports.com

More News From Genius Sports

Genius Sports Issues Letter From CEO

NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports Limited (NYSE: GENI) (“Genius Sports” or “Genius”) today issued a letter to shareholders from Mark Locke, CEO and Co-Founder. Dear Shareholders, Why We Acquired Legend The market's reaction to our acquisition of Legend has been divided. That has happened before when we made transformative deals. When we entered official data rights agreements, the economics were questioned. When we signed our long-term partnership with the NFL, many doubted the...

Genius Sports Partners with WPP Media to Pioneer Holistic Sports Media Advertising Intelligence, Launch WPP Brand Sports Momentum Score

NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (“Genius Sports”) (NYSE:GENI) today announced a partnership with WPP Media (NYSE: WPP) to help brands invest in sports with greater precision, leveraging Genius Sports’ Fan Graph and FANHub to deliver end-to-end intelligence across media planning, activation, and measurement. The partnership results in the creation of the WPP Brand Sports Momentum Score, a new intelligence tool that identifies the right sports, audiences, and moments to invest in...

Genius Sports Enters into Definitive Agreement to Acquire Legend, Creating a Digital Sports and Gaming Media Powerhouse

NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports Limited (NYSE: GENI) (“Genius Sports”) today announced it has entered into a definitive agreement (“Agreement”) to acquire Legend, a global, digital sports and gaming media network built to monetize attention, in a transaction valued at up to $1.2 billion, including $900 million payable at closing and an earnout of up to $300 million. For Genius Sports, the transaction is expected to be immediately accretive to Group Adjusted EBITDA margins and...
Back to Newsroom