Genius Sports (GENI) Goldman Sachs Technology Communacopia and Technology Conference summary

Business overview and data rights

• Focuses on collecting and distributing live sports data globally, leveraging both manual and AI-driven methods.

• Monetizes data through products for sports betting, media, and broadcasters, with a strong presence in regulated markets.

• Built a robust portfolio of official data rights, including major deals with the NFL and UK Football, providing long-term cost visibility through 2028-2029.

• No immediate need for new data rights deals, as current portfolio covers all strategic needs.

Technology partnerships and product innovation

• Positions as a technology partner to leagues, exchanging tech solutions for rights and fostering long-term relationships.

• Developed and deployed Semi-Automated Offside Tracking (SAOT) for UK Football, addressing key officiating challenges.

• Acquired Second Spectrum, investing over $400 million in AI and computer vision to enhance data collection and product offerings.

• Launched BetVision, integrating live video, AI overlays, and betting, now adopted by major sportsbooks including DraftKings.

Market dynamics and growth opportunities

• In-play betting is a major growth driver, with higher margins and engagement; U.S. market expected to shift from 25% to higher in-play adoption.

• BetVision product increases in-play betting rates, with up to 76% of bets in-play on partner platforms.

• International expansion is strong, with significant opportunities in Brazil and continued growth in Europe and the U.S.

• Media business is growing rapidly, with a new self-serve platform targeting brands and agencies, expanding total addressable market.