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Genius Sports doubles revenue but Q2 loss soars to $464.2m

8th September 2021 1:23 pm GMT
Playtech

New York-listed Genius Sports has seen revenue more than double to $55.8m in the second quarter of 2021, although significantly higher costs pushed the sports data provider to a loss of $464.2m for the period.

Revenue grew by 108 per cent year-on-year, driven by strong growth in the core Betting Technology, Content & Services product, as well as the Sports and Media Technology businesses.

Europe represented Genius Sports’ biggest region as revenue increased 96 per cent to [...]

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