December 17, 2021 Sports Betting, Legal, Marketing

Genius Sports to host Investor Day January 27

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CEO Mark Locke says he ‘incredibly optimistic’ on the company’s future.

Genius Sports Limited (GSL) on Friday said it will host a virtual Investor Day next month.

The event will take place Thursday, January 27, 2022, beginning at 9 am EST, the company said.

Event registration and details are available on Genius Sports’ Investor Relations website.

Following the conclusion of the live event, a replay and accompanying materials will be available on the GSL Investor Relations website.

Also Friday, Genius Sports released a letter from CEO Mark Locke, discussing his outlook for the year ahead.

“Since the founding of Genius Sports two decades ago, it is hard to think of a year as transformational as 2021,” Locke wrote. “Genius Sports is an organization that listens to its partners and adapts to changing dynamics. This is core to how we run our business, lead in the development of our fast-growing and evolving industry, and drive shareholder value.”

As 2021 comes to a close, Locke said he wanted to “reiterate certain key tenets” he said will inform the company’s approach as it enters 2022 and beyond: First, drive operational excellence across the business, with an eye towards sustainable growth, value creation and innovation; second, communicate clearly and effectively; and, third, maintain a clear focus on creating shareholder value in the near, medium, and long-term.

Locke went on to say he remains “incredibly optimistic” about the future of Genius Sports and the industries it supports.

“We are still in the early stages of growth and believe that the opportunity for Genius Sports and other players in the ecosystem is very significant,” he wrote, adding, “In North America alone, as of 2021, we are $3.5bn into an estimated $42bn OSB GGR market by 2033. To draw a comparison, we are only just beginning to suit up and take the field.”

Genius Sports describes itself as the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media. It provides digital sports content, technology and integrity services. Its technology is used in more than 150 countries worldwide.

The company has partnerships with more than 400 sports organizations globally, including many of the world’s largest leagues and federations such as the NFL, EPL, FIBA, NCAA, NASCAR, AFA and PGA Tour.

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