Genius Sports Limited Addresses Media Speculation Regarding a Potential Acquisition of Kambi Group plc

NEW YORK & LONDON--(BUSINESS WIRE)-- In response to these rumours, Mark Locke, CEO of Genius Sports Limited (“Genius Sports”) (NYSE:GENI) issued the following statement: "As policy, we do not comment on unfounded and ill-informed rumours. To prevent any further speculation, we can confirm that we are not involved in any discussions of this nature with Kambi."

ENDS

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240904558170/en/

Media

Chris Dougan, Chief Communications Officer

+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

Is Genius Sports (GENI) acquiring Kambi Group plc?

No, Genius Sports has officially denied any discussions regarding the acquisition of Kambi Group plc. CEO Mark Locke stated that they are not involved in any discussions of this nature with Kambi.

What did Genius Sports (GENI) say about the rumored Kambi acquisition?

Genius Sports CEO Mark Locke issued a statement saying, 'As policy, we do not comment on unfounded and ill-informed rumours. To prevent any further speculation, we can confirm that we are not involved in any discussions of this nature with Kambi.'

How has Genius Sports (GENI) responded to media speculation about acquiring Kambi?

Genius Sports has directly addressed the media speculation by issuing an official statement denying any ongoing discussions or plans to acquire Kambi Group plc.

What is Genius Sports' (GENI) policy on responding to acquisition rumors?

According to CEO Mark Locke's statement, Genius Sports' policy is not to comment on unfounded and ill-informed rumors. However, in this case, they made an exception to prevent further speculation.