-+ 0.00%
-+ 0.00%
-+ 0.00%
Genius Sports Announces It Anticipates Minimal Financial Impact From Brazil's Provisional Measure; Reiterates FY26 Revenue Range Of $1.005B - $1.025B
Share
Listen to the news

Genius Sports Limited ("Genius Sports") (NYSE:GENI), a global leader in real-time sports data and technology, notes the Provisional Measure introduced by the Brazilian government on September 25, 2026, which prohibits fixed-odds betting and online gaming in Brazil.

Given the structure of its commercial agreements, Genius Sports has minimal attributable betting revenue from Brazil. The financial impact is anticipated to be similarly immaterial to Legend.

The Company is reaffirming its full-year 2026 guidance of $1.005B to $1.025B in Group Revenue and $285M to $295M in Group Adjusted EBITDA, as its expectations remain unchanged.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending