STOCK TITAN

FanDuel Expands Genius Sports Partnership to Launch Revolutionary NFL BetVision Streaming Solution

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary
Genius Sports Limited (NYSE: GENI) expands partnership with FanDuel Group to deliver BetVision streaming solution for live NFL games. The agreement includes access to NFL Official League Data and Next Gen Stats, enhancing the live betting experience for FanDuel customers. BetVision features integrated odds, real-game stats, and graphic overlays within a single video stream, driving engagement and in-game wagers.
Positive
  • None.
Negative
  • None.

- New agreement builds on existing partnership that provides FanDuel with NFL Official League Data

- BetVision redefines the live betting experience with live NFL streams with unique features that include integrated odds, real-game stats, and graphic overlays and more within a single video stream

NEW YORK & LONDON--(BUSINESS WIRE)-- Genius Sports Limited (NYSE: GENI) (“Genius Sports”) today announced an expanded agreement with FanDuel Group (“FanDuel”) to deliver its transformative BetVision streaming solution.

FanDuel, America’s #1 sportsbook will unveil BetVision as part of its premium NFL offering through Genius Sports. As the exclusive distributor of NFL Official League Data, Genius Sports will continue to provide FanDuel with access to the league’s proprietary Next Gen Stats (“NGS”) data as well as the official sports betting data feed.

BetVision will allow FanDuel customers on mobile and tablet devices to take their live NFL viewing experience to the next level in the FanDuel sportsbook app. By incorporating BetVision into the FanDuel Sportsbook, fans will be able to watch select NFL games inside the app featuring live stat tracking used by some of North America’s largest broadcast and streaming partners.

In the future, this partnership will give FanDuel the opportunity to integrate BetVision’s other key features including integrated betting odds, in-game betting alerts alongside data-driven augmentations and the ability to place live bets within the video player. Since launching in September, BetVision has been shown to increase in-game wagers, customer engagement and drive retention while providing sportsbook customers with unique personalization options.

“As an Official Sports Betting Partner of the National Football League, we’re continuing to look for ways to elevate the betting experience on our platform for fans during every game,” said Mike Raffensperger, Chief Commercial Officer, FanDuel. “Partnering with Genius will allow us to pair our industry-leading product with access to BetVision to build a seamless live betting experience for fans.”

“In partnership with FanDuel, we are proud to lead a new era of sports betting experiences across North America,” said Mark Locke, CEO of Genius Sports. “With heightened demand for greater personalization and interactivity, BetVision revolutionizes the live betting experience for FanDuel’s customers by helping to drive fan engagement and accelerate the growth of in-game betting.”

About Genius Sports

Genius Sports is the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media. Our technology is used in over 150 countries worldwide, creating highly immersive products that enrich fan experiences for the entire sports industry.

We are the trusted partner to over 400 sports organizations, including many of the world’s largest leagues and federations such as the NFL, EPL, FIBA, NCAA, NASCAR, AFA and Liga MX.

Genius Sports is uniquely positioned through cutting-edge technology, scale and global reach to support our partners. Our innovative use of big data, computer vision, machine learning, and augmented reality, connects the entire sports ecosystem from the rights holder all the way through to the fan.

Press:

Chris Dougan, Chief Communications Officer

+1 (202) 766-4430

chris.dougan@geniussports.com



Alex Pitocchelli, Director of Communications

press@fanduel.com



Investors:

Brandon Bukstel, Investor Relations Manager

+1 (954)-554-7932

brandon.bukstel@geniussports.com

Source: Genius Sports

FAQ

What is the expanded agreement between Genius Sports Limited and FanDuel Group?

The expanded agreement includes delivering the BetVision streaming solution for live NFL games, providing access to NFL Official League Data and Next Gen Stats.

What are the key features of BetVision?

BetVision features integrated odds, real-game stats, and graphic overlays within a single video stream, enhancing the live betting experience for FanDuel customers.

How does BetVision revolutionize the live betting experience for FanDuel's customers?

BetVision drives fan engagement, increases in-game wagers, and provides unique personalization options for sportsbook customers.

What are the benefits of the partnership for FanDuel?

The partnership with Genius Sports allows FanDuel to pair their industry-leading product with access to BetVision, building a seamless live betting experience for fans.

Genius Sports Limited

NYSE:GENI

GENI Rankings

GENI Latest News

GENI Stock Data

1.92B
186.14M
11.77%
84.37%
11.58%
Internet Content & Information
Communication Services
Link
United States of America
London