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    Genius Sports projects over $1bn in 2026 revenue

    Genius Sports has increased its 2026 revenue forecast to surpass $1bn, alongside higher EBITDA projections, following third-quarter partnerships with major prediction market operators. The company is actively working to narrow its net loss, which reached $147.9m year-to-date in Q3. The revised outlook reflects accelerating commercial momentum heading into the medium term.

    Summary based on reporting by SBC News, which retains all rights to its text and images.

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    Flutter Entertainment cuts 2026 outlook after $1.15B Q3 loss, plans $500M in cost savings

    Flutter Entertainment cuts 2026 outlook after $1.15B Q3 loss, plans $500M in cost savings

    Flutter Entertainment has revised its full-year 2026 outlook downward after posting a $1.15 billion net loss in the third quarter, citing adverse sports results and regulatory restrictions in Brazil. The company trimmed its annual revenue midpoint to $17.61 billion and adjusted EBITDA forecast to $2.49 billion. To offset the downturn, the operator plans to execute $500 million in cost-saving measures.