Genius Sports / Legend
By Vela Wood
$800M cash + $100M in Genius Sports shares at closing (deal closed April 30, 2026); up to $300M additional earnout. Legend owns Covers.com, Casino.org, and Casino Guru. Genius arranged a new $825M senior secured term loan and $220M revolving credit facility to fund the transaction. Sellers subject to six-month lock-up on shares received.
Posted in: