Genius Sports Limited (GENI)
Genius Sports Limited (GENI) is a global provider of sports data and technology solutions. The company specializes in collecting, managing, and distributing live sports data and content to sports, media, and betting clients. It offers services such as data collection from sporting events, data licensing, and technology platforms that support betting operations, fan engagement, and media rights. Genius Sports is known for its role in enhancing the integrity and transparency of sports events through data solutions.
Company News
The sports technology market is booming, driven by advancements in AI and digital technologies that enhance fan engagement, athlete performance, and event operations. Key growth areas include wearable devices, sports analytics, and e-sports, with North America leading the market.
The global sports technology market is projected to reach $79.43 billion by 2031, driven by the growing popularity of sports, focus on health and fitness, and the rise of esports. Key players in the market include Deltatre, PlayerMaker, and Genius Sports Limited.
Genius Sports is a sports data rights aggregator covering over 200,000 events globally. Why are we bullish GENI stock? Click here to find out.
Genius Sports Limited (GENI) delivered earnings and revenue surprises of -22.22% and 2.15%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
The growth-focused money manager added to these three existing positions on Monday.