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Genius Sports sees first quarter revenue grow to $53.7m

21st May 2021 9:42 am GMT

New York-listed sports data and technology provider Genius Sports has raised its full year revenue guidance by more than a third after posting growth of 52 per cent during the first quarter of 2021.

Revenue in Q1 increased to $53.7m, benefiting from growth across all three of the company’s business segments.

Betting Technology, Content and Services revenue rose 42 per cent year-on-year to $39.0m, driven by price increases on contract renewals and renegotiations powered by Genius’ official [...]

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