

Latest News
Genius Sports Hosts its First Virtual Investor Day; Provides Business Overview Deep Dive and Expectations for Group Adj. EBITDA Profitability in 2022 and 2023
- Announces 2022 financial outlook of approximately $340 million in Group Revenue and $15 million in Group Adj. EBITDA
- Expects 2023 Group Revenue and Group Adj. EBITDA in the range of $430 to $440 million and $40 to $50 million, respectively
Genius Sports Limited will host its first virtual Investor Day, where the company’s management team will discuss their strategic vision, provide a deep-dive on the three product groups, and present a detailed overview of the company’s current financial position and future outlook. The event will also include sessions with customers and partners of Genius, including the National Football League, Football DataCo, Sky Betting and Gaming, a Board member appointed by Apax Partners, Chairman, David Levy and Genius executive, Steve Bornstein.
“Genius is the key link between leagues, sportsbooks, media outlets, advertisers, and ultimately, fans. Our best-in-class data collection technology is used around the clock and around the globe, powering the high-growth global sports ecosystem. It is difficult to imagine this industry operating efficiently without the mission critical data and technology solutions we provide,” said Mark Locke, GSL Co-Founder and CEO.
“We have a clear plan in place to build on this strong foundation and drive profitability for Genius Sports Group in 2022 and 2023, and I am more confident than ever in the growth opportunities ahead as we continue to expand our operations around the world.”
Key Takeaways
During the event, management will detail how Genius will deliver near, medium, and long-term growth and profitability:
- Genius expects to achieve Group Adj. EBITDA profitability in 2022 and 2023 of $15 million and $40 to $50 million, respectively, with continued profitability growth thereafter
- The original business1 is already delivering Adj. EBITDA margins of approximately 20%
- The US business is a key area of investment with strong growth opportunity and expected profitability by 2024 on an Adj. EBITDA basis
- Genius’ acquisition strategy has strengthened its technology platform and unlocked exciting opportunities for long-term growth and scale
- Deeply integrated partnerships position Genius at the heart of the ecosystem with strategic competitive advantages via its differentiated technology
- The NFL partnership is strategically important for Genius to create value across the entire organization
Financial Outlook
In 2022, the company expects to generate Group Revenue of approximately $340 million and Group Adj. EBITDA of approximately $15 million. In 2023, it expects Group Revenue in the range of $430 to $440 million and Group Adj. EBITDA of $40 to $50 million.
$M |
Q1 |
Q2 |
Q3 |
Q4 |
FY22 |
FY23 |
Group Revenue |
$78 |
$68 |
$85 |
$109 |
$340 |
$430-440 |
Betting Technology, Content & Services |
$48 |
$44 |
$53 |
$71 |
$216 |
|
Sports Technology & Services |
$12 |
$12 |
$12 |
$13 |
$49 |
|
Media Technology, Content & Services |
$18 |
$12 |
$19 |
$26 |
$75 |
|
Group Adj. EBITDA |
($5) |
$8 |
$9 |
$3 |
$15 |
$40-50 |
Latest News
What It Takes to Lead a Unicorn – Will Kiziloz Take Nexus International to $1.45B With His “No Reflection” Strategy?

Becoming a billion-dollar company is a rare achievement, but leading one requires an entirely different level of strategic execution. By 2025, the number of global unicorn startups exceeded 1,250, reflecting how fast-growing companies are steadily transforming major sectors across the world. Yet, behind every success story lies a leader tasked with sustaining rapid growth, overcoming operational challenges, and ensuring longevity in fiercely competitive markets.
Take Min-Liang Tan, CEO of Razer, whose company didn’t just become a billion-dollar brand—it created an entirely new market category in gaming peripherals. Similarly, Amitai Ratzon of Pentera transformed cybersecurity by automating security validation, addressing a gap that many believed couldn’t be filled. In both cases, innovation, market positioning, and execution were critical to their success.
Now, Nexus International, under Gurhan Kiziloz’s leadership, is targeting $1.45 billion in revenue by 2025. But unlike many traditional unicorns, Kiziloz follows an unconventional approach, choosing instinct and constant action over detailed planning. The question is, can this approach sustain Nexus International’s rapid ascent, or will it require adjustments to secure long-term dominance?
Kiziloz’s leadership style challenges conventional wisdom. “I don’t have time for that—I’m focused on what’s next,” he has stated, reinforcing his aversion to reflection. He believes in constant movement, relying on decisive action rather than prolonged analysis. While this approach has propelled Nexus International’s expansion—most notably with its successful entry into Brazil’s highly regulated online gaming market—it also raises questions about scalability and long-term strategy.
Unlike Razer or Pentera, which carved out new industry verticals, Nexus International operates in an already crowded and highly competitive market. Yet, Kiziloz sees competition differently. In his latest interview, he stated that he isn’t limiting himself or his business by any geographical boundaries, highlighting his ambition to position Nexus International as a dominant force beyond its current scope. If there’s one principle that defines Kiziloz’s approach, it is resilience. “Persistence beats resistance,” he frequently emphasizes. This mindset aligns with the qualities seen in many unicorn leaders who have successfully overcome skepticism, regulatory barriers, and operational challenges.
His past experiences reinforce this philosophy. “There isn’t one failure I’m most proud of. There are at least 40, maybe 60 or more…but I just get back up,” he admitted. This relentless mentality may be what separates Nexus International from competitors who stagnate in the face of obstacles.
However, as Nexus International nears billion-dollar status, the challenge will be ensuring that resilience is paired with strategic foresight. While speed and bold decision-making have served Kiziloz well so far, sustaining long-term profitability and compliance in multiple jurisdictions may require a balance between instinct and structural planning.
GAT Cartagena
GLOBE LINK™ Xtension: NOVOMATIC unveils the next evolution in Linked Progressives at GAT Cartagena

Once again, GAT Cartagena will be the epicenter of the gaming industry in Latin America. NOVOMATIC is unveiling cutting-edge solutions designed to push the boundaries of entertainment in gaming venues. From April 28 to 30, the Hotel Las Américas will host the industry’s key players. As a major sponsor, NOVOMATIC will present innovations that elevate player engagement, optimize operational performance, and drive profitability.
Leading the lineup is GLOBE LINK Xtension Volume 2, NOVOMATIC’s latest Linked Progressive series, engineered to intensify excitement with every spin. Making its grand debut is the RUBY PACKAGE, a premium combination of GLOBE LINK
Xtension Volume 2 and the BLACK EDITION II 1.49J cabinet. This powerful duo enhances gameplay with striking aesthetics and innovative features like Golden Spins, Expanding Reels, and the Xpress Feature, delivering instant immersion. The package includes five captivating titles designed to maximize engagement: Golden Chicago
XL, Savanna Heat
, Sugar Bliss
, Thunder Reign
, and Tiki Crush
, each offering a unique narrative and gameplay that takes the thrill to the next level.
On top of that, NOVOMATIC introduces the OBSIDIAN PACKAGE, a high-impact gaming solution that pairs the IMPERA LINK Series 2 jackpot with the BLACK EDITION II 3.27 cabinet for operators looking for additional options. This setup is designed to deliver premium experience, featuring top- performing games and a progressive jackpot system that ensures engaging gameplay and optimized profitability for gaming venues.
Attendees will also get an exclusive preview of other proven Linked Progressives, such as SUPERIA GOLDEN LINK Volume 2, available in the BLACK EDITION II 3.32, and NOVOLINE
GOLDEN LINK
Edition 2, featured in the MASTER SL
3.32 cabinet. In the multi-game segment, NOVOMATIC will showcase the acclaimed NOVOLINE
Interactive Edition X4 and Impera Line
HD 9, integrated into the versatile PANTHER 2.27 cabinets, reaffirming the company’s innovation and premium entertainment leadership.
“NOVOMATIC’s Linked Progressive Jackpots have proven their success in Latin America’s most prestigious gaming venues, becoming a benchmark for performance among our customers. Now, we are expanding this successful category with GLOBE LINK Xtension Volume 2, featuring the BLACK EDITION II 1.49J cabinet in the exclusive RUBY PACKAGE. With this innovative offering, we are taking the player experience to new heights while providing operators with high-performance tools to maximize their results,” says Manuel Del Sol, Managing Director of NOVOMATIC Gaming Colombia.
These solutions are designed to help operators attract more players, optimize profitability, and deliver unparalleled gaming experiences. At GAT Cartagena 2025, industry professionals will have the opportunity to experience firsthand how these innovations can transform their business and elevate their entertainment offerings. See you at GAT Expo at booth #A25!
The post GLOBE LINK™ Xtension: NOVOMATIC unveils the next evolution in Linked Progressives at GAT Cartagena appeared first on Gaming and Gambling Industry in the Americas.
Latest News
Oddsgate released a new research study titled “The Future of iGaming in 2050”

Anticipating the future is no longer a fictional exercise but a competitive advantage. With the launch of the study “Gate to 2050” about the future of iGaming, Oddsgate takes a decisive step toward a new level of strategic intelligence, reaffirming its role as a reference in innovation, trend analysis, and future scenario building for the industry.
Oddsgate selected the independent consultancy ALVA Research & Consulting for its expertise, which led to the development of this unprecedented study. ALVA is recognized for its work with organizations and leaders in building future scenarios and anticipating long-term transformations. It conducted an in-depth investigation structured to go beyond conventional forecasts.
The research began in the summer of 2024 and took shape during the SBC Summit Lisbon, where it was officially presented to the market in its initial phase. The process extended over several months, combining rigorous analysis, multiple methodologies, and contributions from specialists across different regions and sectors.
The result is more than just a report. It is a strategic overview of the possible developments in the iGaming industry — including online betting, digital casinos, and gambling — over the next 25 years, offering analytical depth and provoking reflection on the sector’s future on a global scale.
A global and collaborative vision
The content results from a multifaceted methodology, including document analysis, desk research, 200 surveys conducted during SBC Lisbon, and interviews with 20 specialists in various sectors and regions worldwide. With voices from every continent, the study was designed to be truly global and cross-sectoral.
In addition, 21 transactional variables were analyzed, linking iGaming to transformations affecting other industries, ranging from geopolitical and technological changes to social, economic, and environmental factors. This was done with the goal of identifying the main drivers of change and creating a consistent and thought-provoking image of the future.
The study’s approach follows three key steps: collecting signals and directions from the world, projecting a probable image for iGaming in 2050, and sharing this vision to inspire long-term decision-making and direction.
By diving into the megatrends that will shape the world in the coming decades, the report presents topics such as:
The role of artificial intelligence, blockchain, and extended reality (AR, VR, metaverse);
The growing personalization of platforms and use of predictive CRM;
The centrality of digital payments and cryptocurrencies;
The advancement of digital security and data protection;
The urgency of sustainability and social responsibility in gaming.
These elements, combined with a forward-looking perspective, make this content essential for operators, regulators, and stakeholders who want to confidently navigate the sector’s future.
A milestone for the industry
The study was presented for the first time during SBC Summit Rio in February 2025, where Oddsgate’s CMO, Wagner Fernandes, shared the project’s main takeaways.
He said, “This study is not limited to predicting the future of iGaming. It also serves as an invitation for reflection and action. We are entering a new era in which technology and responsibility intertwine to create safer and more innovative experiences. This material guides those who want to lead this transformation.”.
By turning knowledge into concrete direction and trends into actionable paths, Oddsgate consolidates its position as a reference in market intelligence for iGaming. It fosters meaningful connections among the industry’s key players and contributes to collective progress toward a more prepared and innovative sector.
The future has already begun and is available on the Oddsgate website, which invites the entire industry to look ahead with greater clarity, foresight, and ambition.
The post Oddsgate released a new research study titled “The Future of iGaming in 2050” appeared first on European Gaming Industry News.
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