Corsair Gaming and Genius Sports were among the week’s share-price gainers after reporting second-quarter results, according to the report. Corsair reported revenue of $314.3m and raised its annual guidance, while Genius Sports reported revenue of $196m and also increased its full-year outlook.
The results and updated forecasts provide investors with new performance indicators for both companies.
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Genius Sports chief executive Mark Locke said prediction-market activity could create opportunities for traditional betting suppliers even if regulation changes the sector. He said demand for sports wagering would persist, while the article reports that Kalshi’s retail demand was concentrated in states without online sportsbooks, citing July figures from Eilers & Krejcik.
It was reported that Genius Sports secured partnerships with Kalshi and Polymarket. Chief executive Mark Locke said the growth of prediction markets benefits Genius Sports.
Genius Sports chief executive Mark Locke said prediction-market growth was accelerating benefits from its Legend acquisition. He cited customer-acquisition demand, official data and commercial agreements with Kalshi and Polymarket during the second-quarter earnings call.
LIGA MX, Polymarket and Genius Sports announced a partnership covering prediction markets on the Mexican league’s competitions in the United States. Polymarket will be the league’s exclusive prediction-markets partner there, while Genius Sports will supply official data and integrity-information sharing; markets are planned for eligible US users from the 2026-27 season.
Genius Sports reported Q3 revenue of $270m, up 62%, according to the report. Media revenue rose 126%, primarily driven by the acquisition of the Covers.com parent earlier in 2026.
Q3 revenue at Genius Sports reached $270m, a 62% uplift, with the Legend acquisition credited as a help. The supplier reported that media revenue surged 126%, driven mainly by its purchase of the parent company of Covers.com earlier this year.