STOCK TITAN

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

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)

Genius Sports (NYSE:GENI) has officially addressed recent media speculation regarding a potential acquisition of Kambi Group plc. In a statement, CEO Mark Locke firmly denied any ongoing discussions with Kambi, stating: '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.' This declaration aims to put an end to circulating rumors and provide clarity to investors and the market about Genius Sports' current strategic position.

Genius Sports (NYSE:GENI) ha ufficialmente affrontato le recenti speculazioni dei media riguardanti una possibile acquisizione di Kambi Group plc. In una dichiarazione, il CEO Mark Locke ha fermamente negato qualsiasi discussione in corso con Kambi, affermando: 'Come politica, non commentiamo voci infondate e male informate. Per prevenire ulteriori speculazioni, possiamo confermare che non siamo coinvolti in discussioni di questo tipo con Kambi.' Questa dichiarazione mira a porre fine ai rumor circolanti e a fornire chiarezza agli investitori e al mercato sulla posizione strategica attuale di Genius Sports.

Genius Sports (NYSE:GENI) ha abordado oficialmente las recientes especulaciones de los medios sobre una posible adquisición de Kambi Group plc. En una declaración, el CEO Mark Locke negó firmemente cualquier discusión en curso con Kambi, afirmando: 'Como política, no comentamos rumores infundados y mal informados. Para prevenir más especulaciones, podemos confirmar que no estamos involucrados en discusiones de esta naturaleza con Kambi.' Esta declaración tiene como objetivo poner fin a los rumores que circulan y proporcionar claridad a los inversores y al mercado sobre la posición estratégica actual de Genius Sports.

Genius Sports (NYSE:GENI)가 Kambi Group plc 인수에 대한 최근 언론의 추측을 공식적으로 다뤘습니다. CEO Mark Locke는 Kambi와 진행 중인 논의가 없음을 분명히 부인하며 다음과 같이 말했습니다: '우리는 정책상 근거 없는 잘못된 소문에 대해 언급하지 않습니다. 추가적인 추측을 방지하기 위해, 우리는 Kambi와 이런 종류의 논의에 연관되어 있지 않다는 것을 확인할 수 있습니다.' 이 선언은 돌고 있는 소문을 종식하고 Genius Sports의 현재 전략적 위치에 대해 투자자와 시장에 명확성을 제공하는 것을 목표로 하고 있습니다.

Genius Sports (NYSE:GENI) a officiellement répondu aux récentes spéculations médiatiques concernant une éventuelle acquisition de Kambi Group plc. Dans une déclaration, le PDG Mark Locke a fermement nié toute discussion en cours avec Kambi, en déclarant : 'En tant que politique, nous ne commentons pas les rumeurs infondées et mal informées. Pour empêcher toute spéculation supplémentaire, nous pouvons confirmer que nous ne sommes impliqués dans aucune discussion de cette nature avec Kambi.' Cette déclaration vise à mettre fin aux rumeurs circulantes et à fournir des éclaircissements aux investisseurs et au marché sur la position stratégique actuelle de Genius Sports.

Genius Sports (NYSE:GENI) hat offiziell auf die jüngsten Mediengerüchte über eine mögliche Übernahme der Kambi Group plc reagiert. In einer Erklärung wies CEO Mark Locke jegliche laufenden Gespräche mit Kambi entschieden zurück und erklärte: 'Aus grundsätzlichen Überlegungen kommentieren wir keine unbegründeten und fehlinformierten Gerüchte. Um weiteren Spekulationen vorzubeugen, können wir bestätigen, dass wir an solchen Gesprächen mit Kambi nicht beteiligt sind.' Diese Erklärung soll die kursierenden Gerüchte beenden und Investoren sowie dem Markt Klarheit über die aktuelle strategische Position von Genius Sports bieten.

Positive
  • None.
Negative
  • None.

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.

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.

Genius Sports Limited

NYSE:GENI

GENI Rankings

GENI Latest News

GENI Stock Data

1.85B
187.60M
11.15%
84.3%
11.64%
Internet Content & Information
Communication Services
Link
United States of America
London