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Genius Sports Group and WynnBET Sign Multi-State Official Data Partnership

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Rhea-AI Summary

Genius Sports Group has entered into a multi-state official data partnership with WynnBET, the online sportsbook brand of Wynn Resorts. This collaboration will supply WynnBET with Genius’ LiveData and LiveTrading services, enhancing in-game betting experiences in New Jersey, Colorado, and Michigan, with plans for expansion. The agreement includes Genius' official NASCAR solution, enabling over 15 in-race bet types during the 2021 Cup Series. Additionally, Genius will provide data content for various sports leagues, improving WynnBET's offerings and engagement.

Positive
  • Multi-state partnership with WynnBET enhances market presence.
  • In-game betting services expected to drive revenue growth.
  • Collaboration includes NASCAR betting solutions and extensive sports data offerings.
Negative
  • None.

Genius Sports Group announced today that it has signed a multi-state official data partnership with WynnBET, Wynn Resorts’ online U.S. sportsbook brand.

Genius is now supplying WynnBET with its LiveData and LiveTrading services, powering in-game betting experiences across New Jersey, Colorado and Michigan, with more states expected to follow.

The agreement includes Genius’ official NASCAR solution, which will enable WynnBET to offer more than 15 in-race bet-types throughout the 2021 Cup Series, starting with the Daytona 500.

The new partnership will also involve Genius’ ultra-fast, reliable official data content for hundreds of international soccer, basketball, ice hockey, table tennis and volleyball federations and leagues, including the English Premier League, Italian Serie A, German Bundesliga, LigaMX, Euroleague Basketball and Argentine soccer.

Jack Davison, Chief Commercial Officer at Genius Sports Group said: “Along with its broad market-access and nationally-recognizable brand name, Genius is an ideal partner to enhance WynnBET’s expanding online sportsbook and in-game betting offering. With growing numbers of states introducing online betting regulation, in-game handle is quickly rising – and WynnBET recognizes the direct engagement and revenue benefits of official data in this landscape.”

About Genius Sports

Genius Sports Group is the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media. We are a global leader in digital sports content, technology and integrity services. Our technology is used in over 150 countries worldwide, empowering sports to capture, manage and distribute their live data and video, driving their digital transformation and enhancing their relationships with fans.

We are the trusted partner to over 500 sports organizations globally, including many of the world’s largest leagues and federations such as the NBA, Premier League, AFA, FIBA, NCAA, NASCAR and PGA TOUR.

Genius Sports Group is uniquely placed through cutting-edge technology, scale and global reach to support our partners. We are more than just a technology company, we build long-term relationships with sports at all levels, helping them to control and maximize the value of their content while providing technical expertise and round-the-clock support.

About WynnBET

WynnBET is the online gaming division of Wynn Resorts (Nasdaq: WYNN) offering a world-class collection of casino and sports betting apps for discerning players who understand the difference between placing a bet and experiencing a bet. WynnBET products are designed to digitally deliver the legendary service and guest experience Wynn Resorts is known for, backed by the Company’s trusted legacy as the world’s premier international casino operator.

WynnBET is anchored by its eponymous mobile sports and casino betting app providing one-of-a-kind experiences, unique social betting mechanics, and a high-quality user interface. Currently available in New Jersey, Colorado, and Michigan, WynnBET is poised for rapid expansion in 2021 with market access opportunities in nine states and several pending license applications in process. In October 2020, WynnBET became an Authorized Gaming Operator of NASCAR, with more partnerships to be announced. WynnBET was launched in 2020 and is headquartered in Jersey City, New Jersey. For more information, visit WynnInteractive.com or WynnBET.com.

FAQ

What partnership did Genius Sports Group announce with WynnBET?

Genius Sports Group announced a multi-state official data partnership with WynnBET to enhance their in-game betting experiences.

What services will Genius provide to WynnBET in the partnership?

Genius will supply WynnBET with its LiveData and LiveTrading services.

In which states will WynnBET utilize Genius Sports' data services?

WynnBET will use Genius’ services in New Jersey, Colorado, and Michigan.

How does the partnership with Genius benefit WynnBET's offerings?

The partnership will enable WynnBET to offer more diverse in-race bet types and enhance its overall sportsbook data quality.

What is the significance of the NASCAR solution in the partnership?

Genius' NASCAR solution allows WynnBET to offer more than 15 in-race bet types during the 2021 Cup Series, starting with the Daytona 500.

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