STOCK TITAN

Genius Sports Awarded Ohio Sports Gaming Supplier License

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Genius Sports has received a Sports Gaming Supplier License from the Ohio Casino Control Commission, allowing the company to support sportsbooks statewide. This approval expands Genius Sports' licensing to 39 across North America, enhancing its ability to provide clients with its NFL products and marketing services. CEO Mark Locke expressed enthusiasm for working with Ohio as sports betting becomes legal starting January 1, 2023. The company's technology and services empower sports organizations globally, strengthening its position in the fast-growing sports betting market.

Positive
  • Genius Sports now holds 39 licenses across North America, increasing market access.
  • Approval from Ohio Casino Control Commission enhances company's credibility and partnership opportunities.
  • Legal sports betting starting January 1, 2023, opens new revenue streams for Genius Sports in Ohio.
Negative
  • None.

Ohio Casino Control Commission grants Genius Sports approval to support sportsbook partners statewide

NEW YORK & LONDON--(BUSINESS WIRE)-- Genius Sports Limited (NYSE:GENI) (“Genius Sports”), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has been granted a Sports Gaming Supplier License by the state of Ohio, Casino Control Commission.

With the addition of Ohio, Genius Sports now holds 39 licenses, or equivalent, in North America across US states, territories, tribes, and Canada, providing its award-winning products and services to a wide array of clients operating within these jurisdictions.

“We are honored that the state of Ohio has awarded Genius Sports its sports gaming supplier license to provide licensed sportsbooks across the Buckeye State with access to our groundbreaking NFL products and marketing services” said Mark Locke, CEO of Genius Sports. “As a growing majority of U.S. states legalize sports betting, Genius Sports welcomes the opportunity to work with states like Ohio, on providing sports fans with official sports data-driven solutions to power their sportsbooks.”

Legal sports betting will be available in Ohio beginning on January 1, 2023.

ENDS

About Genius Sports

Genius Sports 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 400 sports organizations globally, including many of the world’s largest leagues and federations such as the NFL, EPL, FIBA, NCAA, NASCAR, AFA and PGA.

Genius Sports 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.

Media:

Chris Dougan, Chief Communications Officer, Genius Sports

+1 (202)-766-4430

chris.dougan@geniussports.com

Investors:

Brandon Bukstel, Investor Relations Manager

+1 (954)-554-7932

brandon.bukstel@geniussports.com

Source: Genius Sports

FAQ

What license did Genius Sports receive in Ohio?

Genius Sports received a Sports Gaming Supplier License from the Ohio Casino Control Commission.

How many licenses does Genius Sports hold in North America?

Genius Sports holds 39 licenses across North America.

When will legal sports betting be available in Ohio?

Legal sports betting in Ohio will begin on January 1, 2023.

What products will Genius Sports provide to Ohio sportsbooks?

Genius Sports will provide its NFL products and marketing services to licensed sportsbooks in Ohio.

Genius Sports Limited

NYSE:GENI

GENI Rankings

GENI Latest News

GENI Stock Data

1.90B
186.14M
11.77%
84.37%
11.58%
Internet Content & Information
Communication Services
Link
United States of America
London