Oct. 23 at 12:16 AM
$GENI $SRAD
The big OSBs are entering prediction space, good for the data providers, and this news that the data providers are basically getting into the Kalshis and Polymarkets is incremental good news...next to impossible to offer the complex parlays without the low latency feeds, so let's see how that plays out.
"When DraftKings announced earlier this week that it will launch its own prediction product in the “coming months,” many across the industry saw the development as a boost for the data companies. “We think this should be viewed as a positive for Genius Sports and Sportradar as DraftKings, at minimum, will leverage official league data across new markets these companies do not currently serve,” Citizens Bank analysts said in a note."
