Who does Genius Sports work with?
They currently work with big gambling groups, such as MGM and Entain – to provide live NFL data and streamed content as part of the two companies' joint sportsbook venture BetMGM.
What is Genius Sports media?
geniussports.com. Genius Sports is a sports data and technology company that provides data management, video streaming and integrity services to sports leagues, bookmakers and media companies.
Who owns Genius Sports?
Ballmer, the former Microsoft CEO who now owns the Los Angeles Clippers, owns 991,205 shares of Genius, while Tsai, the Brooklyn Nets owner and Alibaba entrepreneur, holds 295,902 shares, according to the filing.
Why is Genius Sports stock dropping?
A possible reason for the big drop is Genius Sports reported quarterly losses that were much worse than forecast, with adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) coming in at a $322 million loss, or $0.37 per share, compared to the loss of $0.12 per share that was predicted.