West Virginia Lottery Commission awards Genius Sports landmark sports wagering license
By Genius Sports Press | 02 Jul 2021
State regulator gives Genius Sports approval to provide its market-leading solutions to licensed sportsbooks and lotteries under a permanent license regime.
Genius Sports Limited (NYSE: GENI) (“Genius Sports”), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has been granted a permanent sports wagering license by the West Virginia Lottery Commission.
Genius Sports is at the vanguard of the U.S. sports betting industry as state regulators review their position on the practice. Genius Sports is now operational in 13 U.S. states, powering award-winning official data, streaming, and marketing solutions for leading sportsbooks and lotteries. West Virginia was the fifth U.S. state to offer legal and regulated sports betting when it launched in 2018.
Mark Locke, CEO of Genius Sports, said: “Genius Sports is fully committed to supporting the development of, and operating in, regulated territories in partnership with fully licensed sportsbooks. West Virginia remains at the forefront of liberalization in the U.S. and one of the most proactive proponents of legalized sports wagering. I’m honored that we have been awarded this license to provide our industry leading services in the Mountain state, and that our sportsbook partners will continue to utilize our solutions to help them thrive in this rapidly growing market.”
Chris Dougan, Chief Communications Officer, Genius Sports
Brandon Bukstel, Investor Relations Manager