Genius Sports Lands Sports Betting Licence in West Virginia
Sports data technology business Genius Sports has secured a permanent sports wagering licence in West Virginia.
Issued by the West Virginia Lottery Commission, the permit will enable Genius to provide its solutions to licensed sportsbooks and lotteries in the state.
Confirmation of the new license means that Genius is now approved to operate in 13 states across the US.
“Genius Sports is fully committed to supporting the development of, and operating in, regulated territories in partnership with fully licensed sportsbooks,” Genius chief executive Mark Locke said.
“West Virginia remains at the forefront of liberalization in the US and one of the most proactive proponents of legalized sports wagering.
“I’m honoured 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.”
The new license comes after Genius in April announced the completion of its combination with special acquisition company (SPAC) dMY Technology Group Inc. II (dMY II) that will see GSG trade on the New York Stock Exchange (NYSE).
The business combination has already been approved by dMY II’s stockholders on April 16 and once complete, the combined business will become Genius Sports Limited.