Thu. Mar 28th, 2024
Source: pexels.com

Genius Sports, has completed its merger with dMY Technology Group, which is a Special Purchase Acquisition Company (SPAC), in a $1.5 billion deal.

With this merger and new business combination, Genius Sports can now trade on New York Stock Exchange (NYSE).

Genius is a London-based company that provides data to sports betting companies and with this new deal it has become the official supplier of NFL data.

As per Gambling.com, Mark Locke, chief executive officer and co-founder of Genius Sports, said: “As Genius Sports enters an exciting new chapter in its history, we are uniquely positioned at the heart of the world’s sports, betting and media ecosystem. Our merger with dMY II and listing on the NYSE are a testament to the enormous opportunity ahead of us as we leverage our unique scale, drive innovation and deliver products that help our partners create new and immersive experiences for sports fans around the world.”