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GENI-News
GENI-Events
Nevada Reports July Las Vegas Strip Gaming Win Up 3.64% to $776.34M
Nevada reports July Las Vegas Strip gaming win up 3.64% to $776.34M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).
Genius Sports Expects Q3 Revenue of $260M
In the fiscal third quarter ending September 30, 2026, Genius Sports expects to generate Group Revenue and Adjusted EBITDA of approximately $260M and $85M, respectively.
Genius Sports Q2 Revenue Reaches $195.5M, Exceeds Expectations
Reports Q2 revenue $195.5M, consensus $184.55M. "We continue to realize the benefits of the infrastructure we've spent years building. Advertisers are placing greater value on our combination of official data and audience, prediction markets are opening an entirely new avenue for growth, and our core Betting business continues to outperform. As we continue to scale GeniusIQ, that foundation positions Genius to deliver durable long-term growth, profitability and cash generation," said Mark Locke, Genius Sports Founder and CEO. "In our first quarter as a combined business, we exceeded our guidance on Revenue, Adjusted EBITDA and cash, raised our full-year outlook, and are already seeing the benefits of the Legend integration."
Sees FY26 Group Adjusted EBITDA at $285M-$295M
Consensus $1B. Sees FY26 group adjusted EBTIDA $285M-$295M.
Genius Sports Partners with Polymarket for Exclusive Streaming Rights
Genius Sports announced an agreement with Polymarket. The partnership provides exclusive streaming rights and league IP across selected official competitions, alongside official data and integrity services for Polymarket's CFTC-regulated U.S. platform. The partnership will enable Polymarket users in the U.S. to access exclusive live match streaming content alongside related real-time event contracts, including streaming of Serie A, an exclusive partner of Polymarket in the United States. Genius Sports' official data will be used to determine the outcome and settlement of covered sports contracts, ensuring each market resolves using the same verified event information supplied to professional leagues. Genius Sports will help to drive Polymarket's continued expansion through its digital marketing solutions, including Legend-owned media properties. The partnership will make Polymarket a pioneer in pairing live sports streams with related real-time event contracts in a CFTC-regulated prediction-market platform. Polymarket will also participate in Genius Sports' integrity information-sharing processes, giving leagues and governing bodies greater visibility into related market activity and enabling real-time coordination around irregular trading patterns. The arrangement complements and enhances Polymarket's existing market-surveillance and compliance infrastructure.
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