$geni update

The geni (guidance) is out of the bottle

$GENI update: “The geni is out of the bottle and it looks “fine”

The company reported this morning and on the surface it looks very good.  They raise 2021 revenues from $190m to $250-260m, wow, but remind yourself this includes the NFL deal.  Plus EBITDA really isn’t changing much from prior guide.  Also remember they get 5% of gross gaming revenues fro…