By The Weekly Edge desk ·
iGaming Today reported 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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JPMorgan’s estimate gives investors potential additional EBITDA from Genius Sports’ agreements with Kalshi and Polymarket.
Genius links its Legend acquisition to customer-acquisition and data opportunities in prediction markets.
The agreements connect Genius Sports with two prediction market platforms.
The agreements establish Genius Sports relationships with both prediction-market operators.
The agreements extend Genius Sports’ data services into both prediction market exchanges.
The agreements add two prediction-market partners for Genius Sports.