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About the New York Stock Exchange and Genius Sports Trading

About the New York Stock Exchange and Genius Sports Trading

 Genius Sports is a sports data and technology company that provides data management, video streaming, and integrity services to sports leagues, bookmakers, and media companies.

History

Genius offers sports teams, bookmakers, and broadcasting organizations data storage, video distribution, and integrity services. Data Project, a volleyball infrastructure provider, was purchased by Genius Sports in 2017. The PGA Tour launched a new Ethics Program in September intending to maintain the integrity and prevent betting-related misconduct in PGA Tour competitions.” Genius Sports announced a partnership with the National Football League in April 2021 to serve as the league’s sole provider of live NFL data and statistics to bookmakers and media outlets.

Products and services

Sports leagues and federations use Genius Sports tools. This technology is used by sports leagues all around the world to collect, manage, and share data and statistics.  Sports offer Genius Sports the freedom to sell their data and video material to sportsbooks, casinos, and television corporations. About 300 sportsbook brands are among Genius Sports’ betting partners. Genius Sports brings live data, odds, and feeds from over 240,000 live sports events each year to sportsbooks.

New York Stock Exchange (NYSE)

Icons and disruptors come to the New York Stock Exchange to capitalize on their momentum and influence the future. The New York Stock Exchange (NYSE) is the world’s largest equities-focused exchange, based on the overall market capitalization of its traded shares. It is headquartered in New York City. Following the purchase of electronic trading exchange Archipelago on March 8, 2006, the NYSE became a public body. In 2007, the New York Stock Exchange merged with Euronext, Europe’s largest stock exchange, to form NYSE Euronext, which was later purchased by Intercontinental Exchange, the present parent of the New York Stock Exchange.

Genius Sports Ltd will begin trading on the New York Stock Exchange (NYSE).

The combined company is now known as Genius Sports Limited, and it begins trading on the New York Stock Exchange on April 21 under the ticker symbols “NYSE GENI” at https://www.webull.com/quote/nyse-geni and “GENI WS,” respectively.

The NYSE GENI claims it is well-positioned to capitalize on the significant growth predicted in the global offshore sports betting industry, with over 145 million dollars in cash and no financial leverage on its balance sheet. The company will be valued at $1.50 billion (£1.08 billion/€1.26 billion) before it goes public.

Mark Locke, NYSE GENI chief executive officer, and co-founder said, “If Genius Sports reaches a thrilling new chapter in its history, we remain strategically placed at the center of the world’s sports, betting, and media ecosystem.” There are many other stocks like nyse lhc ws which you can check at https://www.webull.com/quote/nyse-lhc-ws.

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