Genius Sports CEO Denies Rumors of Kambi Acquisition

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Kambi chairman also confirms sports betting service provider “is not engaged in any such discussions” of a sale to Genius Sports.

Genius Sports CEO Mark Locke shot down media rumors of a potential acquisition of a renowned gaming service provider.

The sports betting data, technology, and broadcast supplier had been linked to Kambi plc recently in multiple media reports, but both entities “As policy, we do not comment on unfounded and ill-informed rumors,” Locke said in a statement. “To prevent any further speculation, we can confirm that we are not involved in any discussions of this nature with Kambi."Kambi is an attractive business. With a sportsbook of its own, Kambi also provides odds and data feeds as well as front-end and AI technology to B2C gaming companies Bally’s, Rush Street Interactive, Kindred Group, LeoVegas, and others.

Genius Sports is partnered with more than 400 sports organizations globally, including major sports leagues like the NFL, NCAA, NASCAR, English Premier League, and FIBA. Should more ever come of a potential acquisition, Kambi would bolster Genius’ ability to provide leagues, broadcast partners, and sports betting operators with enhanced technology feeds. If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.

 

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