Genius Sports is the latest gambling provider to secure a sports wagering licence in West Virginia.
The data technology and data supplier Genius Sports Limited announced that it has secured a permanent sports wagering license for the state of West Virginia.
Genius Sports secures West Virginia licence
Genius is now the latest firm to be awarded a licence to operate in the state of West Virginia.
The West Virginia Lottery Commission awarded the licence which will allow Genius to provide its solutions and products to licensed sportsbooks and lottery providers in the Mountain State.
Approval in West Virginia means that Genius is now approved to offer its services in 13 US states.
Mark Locke, CEO of Genius Sports, said: “Genius Sports is fully committed to supporting the development of, and operating in, regulated territories in partnership with fully licensed sportsbooks.
“West Virginia remains at the forefront of liberalization in the US and one of the most proactive proponents of legalized sports wagering. I’m honored 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.”
Genius Sports to go public
The new licence comes after Genius announced the completion of its merger with the special acquisition company (SPAC) dMY Technology Group Inc. II (dMY II) in April.
The deal was made in order to take Genius Sports public on the New York Stock Exchange.
The business combination was approved by the SPAC’s stockholders on 16 April and once finalised the combined business will become Genius Sports Limited.
Sports betting in West Virginia
West Virginia was one of the first states to move forward with sports betting following the repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018.
Online betting in West Virginia originally went live in early 2019 with the launch of BetLucky.com, but this app was suspended due to a contractual dispute between Miomni Gaming and Delaware North.
Mobile sports betting returned to West Virginia in August 2019, with the launch of FanDuel and DraftKings. BetMGM became the third operator to launch its online sportsbook in the Mountain State in January 2020.