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Genius Sports, Kambi deny rumors of acquisition

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Sports Betting

2024-09-05

Genius Sports, Kambi deny rumors of acquisition

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 Group plc recently in multiple media reports, but both entities denied any deal on Wednesday.

“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.”

Anders Ström, Kambi’s chair of the board, also confirmed that the sports betting service provider “is not engaged in any such discussions.”

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