Genius Sports Limited (GENI)
After hours:
| Previous Close | 5.11 |
| Open | 5.08 |
| Bid | 0.00 x 4000 |
| Ask | 0.00 x 4000 |
| Day's Range | 5.05 - 5.18 |
| 52 Week Range | 3.55 - 8.45 |
| Volume | |
| Avg. Volume | 2,391,558 |
| Market Cap | 1.072B |
| Beta (5Y Monthly) | 1.97 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.38 |
| Earnings Date | May 07, 2024 - May 13, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 9.00 |
- Yahoo Finance Video
Sports betting growth rates 'speak for themselves': Analyst
The 2024 Women's NCAA National Championship game set a record as the most bet-on female sports event, highlighting the rapid expansion of the sports betting industry. Needham & Co. Managing Director Bernie McTernan and Oppenheimer Equity Research Analyst for Consumer Internet Jed Kelly join Market Domination to discuss growth predictions for this sector. Kelly notes that the sports betting industry has the potential to grow over 30% this year alone, emphasizing that the numbers "speak for themselves." He explains that sports betting is being "widely adopted," with the audience starting to expand to a broader demographic as mobile apps make it easily accessible. Kelly says prominent industry players, such as DraftKings (DKNG), are beginning to demonstrate their ability to achieve profitability by "using the internet to get scale advantages," allowing them to quickly outpace traditional brick-and-mortar betting institutions like casinos. McTernan states that as sports betting and sports media become "more mainstream," he foresees continued growth in the sector. While some states have yet to fully embrace sports betting, he believes that "over time," widespread adoption will occur, as it is "something consumers want to be able to do." McTernan notes the NCAA game reflects the sports betting industry's focus on catering to consumer demand and expanding the range of sports available for wagering. However, he raised concerns about whether the industry's tactics, such as pre-made parlays, may be "bleeding customers dry". For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith
Business WireGenius Sports Announces Resignation of a Member of the Board of Directors
NEW YORK & LONDON, April 01, 2024--Genius Sports Limited ("Genius Sports") announced today that Gabriele Cipparrone, partner at Apax Partners LLP ("Apax"), will resign from its Board of Directors effective 8 April 2024, following a reduction in holdings in Genius Sports by funds advised by Apax ("Apax Funds") through a secondary sale on 1 April 2024.
Business WireGenius Sports Announces Availability of its 2023 Annual Report on Form 20-F
LONDON & NEW YORK, March 15, 2024--Genius Sports Limited ("Genius Sports") (NYSE:GENI), today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 has been filed with the Securities and Exchange Commission.
