Sports data and technology company Genius Sports has today announced the signing of an official data and trading partnership with Golden Nugget Online Gaming (GNOG).
Per the terms of the agreement, Genius sports will provide Golden Nugget with its Live Data and LiveTrading solutions, thus allowing the gaming operator to utilize official data feeds for over a thousand yearly sporting events.
Specifically, Golden Nugget will gain access to Genius’ full portfolio of sporting partnerships which includes the NFL, English Premier League, Nascar, Liga MX, Euroleague Basketball and Colombian Soccer.
“The modern sportsbook customer demands an experience that is engaging, reliable and available round-the-clock,” said Thomas Winter, president at Golden Nugget Online Gaming. “Our official data partnership with Genius Sports is a crucial pillar for us delivering upon these expectations, providing our customers with immersive products on their favorite sports such as the NFL, NASCAR and other global leagues.”
This deal is one of a number recently signed by Genius Sports that sees several US companies adopting its data platform. Recently, the company agreed partnerships with Caesars, 888 and Penn National Gaming via its Barstool Sports platform.
“We are delighted to partner with Golden Nugget to help them deliver the most compelling live sports betting experience available,” said Mark Locke, CEO of Genius Sports. “With official data at its heart, this partnership enables Golden Nugget to increase engagement with their customers while supporting a sustainable sports betting ecosystem.”
Genius has recently revealed its Q2 financial results for the period ending June 30, 2021. Q2 revenue grew by more than double from the same period in 2020, coming in at $55.8m. Meanwhile, adjusted EBITDA for Q2 increased by 126% year-over-year to $5.2m. The second quarter of 2021 also saw the sports data company raise $435m of primary and secondary proceeds in an upsized public offering.
