Analysis: The NFL’s depreciating data asset
Call it a lesson in what you can expect when investing in a newly listed entity. When Genius Sports and the NFL announced last May last year what they billed as a “strategic partnership” based around exclusive distribution of data ahead of the NFL season, it was reported as being worth up to $1 billion […]
Read MoreThe Wagers E+M Golden Alarm Clock Awards
The beats, beefs and boasts of Q3 Beef of the quarter: Deutsche Bank vs. Dave Portnoy As if Dave Portnoy didn’t have enough to worry about this past quarter, he also found himself the subject of an ad hominem attack via a Deutsche Bank analyst note. Wrote the DB team: “At present, we believe Penn, […]
Read MoreHard lines for Hard Rock
Florida sports-betting nixed by courts Ain’t no sunshine: Late yesterday a judge in the US District of Columbia nullified the compact between the Seminole and the state of Florida and put the future of sports-betting in the state into doubt. The 25-page judgment from Judge Dabney L. Friedrich puts a stop to Hard Rock’s mobile […]
Read MoreMGM hammers home igaming message
MGM Resorts International fireside chat Something got a hold of my heart: MGM Resorts International’s CEO Bill Hornbuckle and CFO Jonathan Halkyard took their places in the fireside chat hot seat to speak with Bernstein’s Vitaly Usmansky to talk all things digital, Vegas and Macau (with some Japanese comment thrown in). They started as per […]
Read MoreGenius ups guidance, but quiet on NFL costs
Genius Sports Q1 The top line Q1 revenues increased 52% YoY to $53.7m, net operating loss of $5.3m was $2.2m less than in 2020. The group raised its revenue guidance 35% from $190m to $250m-$260m. On a constant currency basis, revenue increased 40% YoY to $15.6m. Genius’s betting technology and content division increased revenue 42% […]
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