By SectorWire desk ·
The report said that Genius Sports GENI · USD 6.35 2026-10-16 Data increased its annual outlook after second-quarter revenue rose 65% to $195.5m. Revenue exceeded its $185m forecast, although the company reported a $77m quarterly net loss.
The results support higher guidance despite the reported quarterly loss.
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The forecast and sports share indicate the scale of a growing market in which established US bookmakers are seeking a larger presence.
JPMorgan’s estimate gives investors potential additional EBITDA from Genius Sports’ agreements with Kalshi and Polymarket.
Investors can assess whether Genius Sports’ affiliate combining pricing and live sports data captures more prediction markets business.
Genius Sports secured two event-contract settlement agreements as its chief executive expects prediction markets to remain part of US sports wagering.
The agreements give three sportsbook operators NFL marketing rights and official data access while requiring cooperation on betting integrity and responsible gambling.
The dispute concerns suppliers’ access to official sports data for US sportsbook platforms and whether Altenar’s claims qualify for arbitration.