{"success":true,"data":{"pressRelease":{"id":"16592","rtpr_id":"nBw4mwqn2a","ticker":"GENI","exchange":"NYSE","all_tickers":["GENI"],"title":"Genius Sports Announces Close of Acquisition of Legend","author":"Business Wire","published_at":"2026-05-01T10:00:00.411Z","article_body":"Genius Sports Announces Close of Acquisition of Legend\n\nContinues to expect Acquisition to be immediately accretive to Group Adjusted\nEBITDA margins and Free Cash Flow conversion.\n\nGenius Sports Limited (“Genius Sports”) (NYSE:GENI), a global leader in\nreal-time sports data, today announced it has completed its previously\nannounced acquisition of Legend, a global, digital sports and gaming media\nnetwork.\n\nLegend provides a scaled media platform, with world-class marketing technology\npowering owned and operated digital properties including Covers.com,\nCasino.org and Casino Guru. In 2025, Legend generated 320 million annual\nvisits from 118 million unique visitors, with more than two-thirds returning\non a regular basis.\n\nWith the acquisition of Legend, Genius Sports is uniquely positioned as the\nonly company operating two synergistic businesses across official sports data,\nand media and advertising.\n\n“Genius Sports has spent years building the data infrastructure behind\nmodern sport. With Legend, we now extend that into the moment where fans\nchoose to participate and act,” said Mark Locke, CEO of Genius Sports. \"This\ncombination not only strengthens our core sports business but also expands our\nability to monetize new audiences in iGaming, increasing the economic value of\nour platform across both verticals and driving significant cash flow.”\n\nGenius Sports plans to provide additional details and updates during its\nupcoming earnings call on Thursday, May 7, 2026.\n\nAbout Genius Sports\n\nGenius Sports is the official data, technology and broadcast partner that\npowers the global sports, betting and media ecosystem. Our technology is used\nin over 150 countries worldwide, creating highly immersive products that\nenrich fan experiences across the entire sports industry.\n\nWe are the trusted partner to over 1,000 sports organizations, including many\nof the world’s largest leagues, teams, sportsbooks, brands and broadcasters,\nsuch as the NFL, English Premier League, NCAA, DraftKings, FanDuel, bet365,\nCoca-Cola, EA Sports, CBS, NBC and ESPN.\n\nGenius Sports is uniquely positioned through AI, computer vision and big data\nto power the future of sports fan experiences. From delivering augmented\nbroadcasts and enhanced highlights, to automated officiating tools, immersive\nbetting solutions and personalized marketing activations, we connect the\nentire sports value chain from the rights holder all the way through to the\nfan.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements as defined in Section\n27A of the Securities Act and Section 21E of the Securities Exchange Act of\n1934, as amended, that involve significant risks and uncertainties. All\nstatements other than statements of historical facts are forward-looking\nstatements, including but not limited to statements relating to the results of\nthe combined company and the benefits from the Legend acquisition. These\nforward-looking statements include information about our possible or assumed\nfuture results of operations or our performance. Words such as “expects,”\n“intends,” “plans,” “believes,” “anticipates,”\n“estimates,” and variations of such words and similar expressions are\nintended to identify such forward-looking statements. Although Genius Sports\nbelieves that the forward-looking statements contained in this press release\nare based on reasonable assumptions, you should be aware that many factors\ncould affect our actual financial results or results of operations and could\ncause actual results to differ materially from those in such forward-looking\nstatements, including but not limited to: the outcome of any legal proceedings\nrelated to the acquisition or otherwise, including the risk of shareholder\nlitigation in connection with the acquisition, including resulting expense;\nthe ability of the combined company to successfully manage legal, tax and\nregulatory risks relating to the acquisition; difficulties and delays in\nintegrating Legend’s business into that of Genius Sports’s business;\nfailing to fully realize anticipated cost savings and other anticipated\nbenefits of the acquisition when expected or at all; business disruptions from\nthe acquisition that will harm the combined company’s business, including\ncurrent plans and operations; potential adverse reactions or changes to\nbusiness relationships resulting from the completion of the acquisition; the\nability of the combined company to retain and hire key personnel; the\ndiversion of management’s attention from ongoing business operations;\nuncertainty as to the long-term value of the ordinary shares of Genius Sports\nfollowing the acquisition, including the dilution caused by Genius Sports’s\nissuance of additional shares as earn-out consideration; the continued\navailability of capital and financing following the acquisition; the effects\nof global economic, political, market, and social events or other conditions;\nrisks related to our reliance on relationships with sports organizations and\nthe potential loss of such relationships or failure to renew or expand\nexisting relationships; fraud, corruption or negligence related to sports\nevents, or by our employees or contracted statisticians; risks related to\nchanges in domestic and foreign laws and regulations or their interpretation;\ncompliance with applicable data protection and privacy laws; pending\nlitigation and investigations; the failure to protect or enforce our\nproprietary and intellectual property rights; claims for intellectual property\ninfringement; our reliance on information technology; elevated interest rates\nand inflationary pressures, including fluctuating foreign currency and\nexchange rates; risks related to domestic and international political and\nmacroeconomic uncertainty; and other factors included under the heading\n“Risk Factors” in its Annual Report on Form 20-F for the year ended\nDecember 31, 2025.\n\nReaders are cautioned not to place undue reliance on these forward-looking\nstatements, which speak only as of the date of this press release. Although we\nbelieve that the expectations reflected in such forward-looking statements are\nreasonable, there can be no assurance that such expectations will prove to be\ncorrect. These statements involve known and unknown risks and are based upon a\nnumber of assumptions and estimates which are inherently subject to\nsignificant uncertainties and contingencies, many of which are beyond our\ncontrol. Actual results may differ materially from those expressed or implied\nby such forward-looking statements. Genius Sports undertakes no obligation to\npublicly update or revise any forward-looking statements contained in this\npress release, or the documents or communications to which we refer readers in\nthis press release, to reflect any change in our expectations with respect to\nsuch statements or any change in events, conditions or circumstances upon\nwhich any statement is based.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260501560591/en/\n(https://www.businesswire.com/news/home/20260501560591/en/)\n\nMedia \n\nGeorge Smith, Head of Communications\n\n+44 (0) 7375 087 125\n\ngeorge.smith@geniussports.com (mailto:george.smith@geniussports.com)\n\nInvestors \n\nBrandon Bukstel, Investor Relations Manager\n\n+1 (954)-554-7932\n\nbrandon.bukstel@geniussports.com (mailto:brandon.bukstel@geniussports.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw4mwqn2a","title":"Genius Sports Announces Close of Acquisition of Legend","author":"Business Wire","ticker":"GENI","created":"2026-05-01T10:00:00.411Z","tickers":["GENI"],"exchange":"NYSE","article_body":"Genius Sports Announces Close of Acquisition of Legend\n\nContinues to expect Acquisition to be immediately accretive to Group Adjusted\nEBITDA margins and Free Cash Flow conversion.\n\nGenius Sports Limited (“Genius Sports”) (NYSE:GENI), a global leader in\nreal-time sports data, today announced it has completed its previously\nannounced acquisition of Legend, a global, digital sports and gaming media\nnetwork.\n\nLegend provides a scaled media platform, with world-class marketing technology\npowering owned and operated digital properties including Covers.com,\nCasino.org and Casino Guru. In 2025, Legend generated 320 million annual\nvisits from 118 million unique visitors, with more than two-thirds returning\non a regular basis.\n\nWith the acquisition of Legend, Genius Sports is uniquely positioned as the\nonly company operating two synergistic businesses across official sports data,\nand media and advertising.\n\n“Genius Sports has spent years building the data infrastructure behind\nmodern sport. With Legend, we now extend that into the moment where fans\nchoose to participate and act,” said Mark Locke, CEO of Genius Sports. \"This\ncombination not only strengthens our core sports business but also expands our\nability to monetize new audiences in iGaming, increasing the economic value of\nour platform across both verticals and driving significant cash flow.”\n\nGenius Sports plans to provide additional details and updates during its\nupcoming earnings call on Thursday, May 7, 2026.\n\nAbout Genius Sports\n\nGenius Sports is the official data, technology and broadcast partner that\npowers the global sports, betting and media ecosystem. Our technology is used\nin over 150 countries worldwide, creating highly immersive products that\nenrich fan experiences across the entire sports industry.\n\nWe are the trusted partner to over 1,000 sports organizations, including many\nof the world’s largest leagues, teams, sportsbooks, brands and broadcasters,\nsuch as the NFL, English Premier League, NCAA, DraftKings, FanDuel, bet365,\nCoca-Cola, EA Sports, CBS, NBC and ESPN.\n\nGenius Sports is uniquely positioned through AI, computer vision and big data\nto power the future of sports fan experiences. From delivering augmented\nbroadcasts and enhanced highlights, to automated officiating tools, immersive\nbetting solutions and personalized marketing activations, we connect the\nentire sports value chain from the rights holder all the way through to the\nfan.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements as defined in Section\n27A of the Securities Act and Section 21E of the Securities Exchange Act of\n1934, as amended, that involve significant risks and uncertainties. All\nstatements other than statements of historical facts are forward-looking\nstatements, including but not limited to statements relating to the results of\nthe combined company and the benefits from the Legend acquisition. These\nforward-looking statements include information about our possible or assumed\nfuture results of operations or our performance. Words such as “expects,”\n“intends,” “plans,” “believes,” “anticipates,”\n“estimates,” and variations of such words and similar expressions are\nintended to identify such forward-looking statements. Although Genius Sports\nbelieves that the forward-looking statements contained in this press release\nare based on reasonable assumptions, you should be aware that many factors\ncould affect our actual financial results or results of operations and could\ncause actual results to differ materially from those in such forward-looking\nstatements, including but not limited to: the outcome of any legal proceedings\nrelated to the acquisition or otherwise, including the risk of shareholder\nlitigation in connection with the acquisition, including resulting expense;\nthe ability of the combined company to successfully manage legal, tax and\nregulatory risks relating to the acquisition; difficulties and delays in\nintegrating Legend’s business into that of Genius Sports’s business;\nfailing to fully realize anticipated cost savings and other anticipated\nbenefits of the acquisition when expected or at all; business disruptions from\nthe acquisition that will harm the combined company’s business, including\ncurrent plans and operations; potential adverse reactions or changes to\nbusiness relationships resulting from the completion of the acquisition; the\nability of the combined company to retain and hire key personnel; the\ndiversion of management’s attention from ongoing business operations;\nuncertainty as to the long-term value of the ordinary shares of Genius Sports\nfollowing the acquisition, including the dilution caused by Genius Sports’s\nissuance of additional shares as earn-out consideration; the continued\navailability of capital and financing following the acquisition; the effects\nof global economic, political, market, and social events or other conditions;\nrisks related to our reliance on relationships with sports organizations and\nthe potential loss of such relationships or failure to renew or expand\nexisting relationships; fraud, corruption or negligence related to sports\nevents, or by our employees or contracted statisticians; risks related to\nchanges in domestic and foreign laws and regulations or their interpretation;\ncompliance with applicable data protection and privacy laws; pending\nlitigation and investigations; the failure to protect or enforce our\nproprietary and intellectual property rights; claims for intellectual property\ninfringement; our reliance on information technology; elevated interest rates\nand inflationary pressures, including fluctuating foreign currency and\nexchange rates; risks related to domestic and international political and\nmacroeconomic uncertainty; and other factors included under the heading\n“Risk Factors” in its Annual Report on Form 20-F for the year ended\nDecember 31, 2025.\n\nReaders are cautioned not to place undue reliance on these forward-looking\nstatements, which speak only as of the date of this press release. Although we\nbelieve that the expectations reflected in such forward-looking statements are\nreasonable, there can be no assurance that such expectations will prove to be\ncorrect. These statements involve known and unknown risks and are based upon a\nnumber of assumptions and estimates which are inherently subject to\nsignificant uncertainties and contingencies, many of which are beyond our\ncontrol. Actual results may differ materially from those expressed or implied\nby such forward-looking statements. Genius Sports undertakes no obligation to\npublicly update or revise any forward-looking statements contained in this\npress release, or the documents or communications to which we refer readers in\nthis press release, to reflect any change in our expectations with respect to\nsuch statements or any change in events, conditions or circumstances upon\nwhich any statement is based.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260501560591/en/\n(https://www.businesswire.com/news/home/20260501560591/en/)\n\nMedia \n\nGeorge Smith, Head of Communications\n\n+44 (0) 7375 087 125\n\ngeorge.smith@geniussports.com (mailto:george.smith@geniussports.com)\n\nInvestors \n\nBrandon Bukstel, Investor Relations Manager\n\n+1 (954)-554-7932\n\nbrandon.bukstel@geniussports.com (mailto:brandon.bukstel@geniussports.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-01T10:00:00.717894007Z","server_sent_at_ms":1777629600717},"received_at":"2026-05-01T10:00:00.865Z","source_url":"https://www.businesswire.com/news/home/20260501560591/en/"},"analysis":null,"durationMs":null,"modelName":null}}