Betgenius Archives - Legal Sports Report

Is DraftKings The First Domino For Genius Sports Official NFL Data Push?

Genius Sports saw its share price jump 9% Thursday morning as DraftKings became the first US sportsbook to take its official NFL data feed. Read More

Posted on: August 5, 2021 | | Brad Allen

The Cost Of NFL Data Is Soaring And Sportsbooks Are Not Happy

Genius Sports paid handsomely for the rights to collect and distribute official NFL data, but sportsbooks are not happy about the resulting cost spike. Read More

Posted on: July 12, 2021 | | Brad Allen

Genius Sports Stock Jumps On Strong Q1, Upgraded Guidance

Genius Sports said its official NFL data deal would be cash break-even in 2021, despite the reported $10 million cost. Read More

Posted on: May 20, 2021 | | Brad Allen

Genius Sports Revenues Climb 30% But Real Test Yet To Come

Genius Sports saw a 30% rise in FY20 revenue to $150 million, but the NFL official data deal will heavily impact the company's future. Read More

Posted on: April 29, 2021 | | Brad Allen

Which Company Won The Battle For NFL Data Rights?

Genius Sports beat out multiple bidders for the contract, including the NFL’s incumbent data provider Sportradar. Read More

Posted on: April 1, 2021 | | Brad Allen

Analysis: Is The Sports Betting SPAC Already Dead In The US?

The median SPAC is now trading at a discount to its cash. Should sports betting investors and private companies look elsewhere? Read More

Posted on: March 31, 2021 | | Brad Allen

If The NFL Wants $100 Million A Year For Betting Data, Who Is Going To Pay?

The NFL reportedly is looking for $100 million a year for the exclusive rights to distribute its official sports betting data. The figure was first reported by CNBC and confirmed by LSR sources. LSR understands at least three firms are bidding for the contract, including the NFL’s current data partner Sportradar. Genius Sports and IMG […] Read More

Posted on: March 22, 2021 | | Brad Allen