Genius Sports CEO Mark Locke is ‘incredibly optimistic’ about the firm’s future as it plans to host a virtual investor day on January 27, 2022.
Commenting on the investor day, Locke reiterated the company’s approach for 2022. Among the key themes, he said, will be driving operational excellence across the business, with an eye towards sustainable growth, value creation, and innovation. The firm will also aim to maintain a clear focus on creating shareholder value in the near, medium, and long-term.
Locke noted: “Since the founding of Genius Sports two decades ago, it is hard to think of a year as transformational as 2021.
“Genius Sports is an organization that listens to its partners and adapts to changing dynamics. This is core to how we run our business, lead in the development of our fast-growing and evolving industry, and drive shareholder value.”
He continued: “I remain incredibly optimistic about the future of Genius Sports and the industries that we support. We are still in the early stages of growth and believe that the opportunity for Genius Sports and other players in the ecosystem is very significant.
“In North America alone, as of 2021, we are $3.5bn into an estimated $42bn OSB GGR market by 2031. To draw a comparison, we are only just beginning to suit up and take the field.
“We hope you will join us on January 27, 2022, for our first Investor Day. We are preparing for an interesting and informative session.”
Last month, Matt Ryter, Head of Fan Engagement – Americas at Genius Sports, explained to SBC Americas why leagues and teams at all levels of North American sports are now starting to welcome sports betting with open arms.
