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iGaming news | Net loss narrows at Genius Sports in Q1

Genius Sports reduced its net loss to US$8.2m and almost tripled its adjusted EBITDA in Q1 2025. The sports technology company’s net loss was narrowed by $17.from $25.5m in Q1 2024, while adjusted EBITDA climbed 188 per cent from $6.9m to $19.8m. Group revenue rose 20 per cent to $144m, with Betting Technology, Content and […]

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Genius Sports reduced its net loss to US$8.2m and almost tripled its adjusted EBITDA in Q1 2025.



Genius Sports

The sports technology company’s net loss was narrowed by $17.from $25.5m in Q1 2024, while adjusted EBITDA climbed 188 per cent from $6.9m to $19.8m.

Group revenue rose 20 per cent to $144m, with Betting Technology, Content and Services the key driver, with revenue rising 44 per cent to $106.5m.

Sports Technology and Services revenue rose 12 per cent to $11.6m, but Media Technology, Content and Services revenue declined by 27 per cent, which Genius Sports attributed to “lower programmatic and social advertising services.”

“This quarter demonstrates the strong execution of our strategic objectives, as we continue our technology distribution, product innovation, and commercial momentum,” said Mark Locke, Genius Sports’ co-Founder and CEO.

“Our largely fixed cost base, coupled with several durable growth drivers, reinforces our confidence in delivering sustainable growth, profitability, and cash flow in 2025 and beyond.”

Genius expects group revenue of approximately $620m and group adjusted EBITDA of around $125m in 2025, which would translate to growth of 21 per cent and 46 per cent, respectively.



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Wearable fitness trackers can make you seven times more likely to stick to your workouts – new research

The hardest part of any workout regime is sticking with it. Around half of those who start an exercise programme stop within six months. But our recent study found that using wearables (such as a smartwatch) not only makes people more likely to start working out, they’re also seven times more likely to still be […]

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The hardest part of any workout regime is sticking with it. Around half of those who start an exercise programme stop within six months.

But our recent study found that using wearables (such as a smartwatch) not only makes people more likely to start working out, they’re also seven times more likely to still be active after six months compared to those who didn’t use a smartwatch.

Our study focused specifically on adults who had recently been diagnosed with type 2 diabetes. Physical activity is a cornerstone of type 2 diabetes management, as it helps regulate blood sugar, supports cardiovascular health and improves quality of life.

Yet around 90% of people with type 2 diabetes fall short of weekly physical activity recommendations. Common barriers include low motivation, uncertainty about what activity is safe and a lack of tailored support.


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Our study tested a new approach using wearable technology and remote coaching to overcome these barriers. We found that people who followed a smartwatch-supported remote coaching programme were ten times more likely to start a workout regime than those who received remote coaching alone.

The study involved 125 adults aged between 40 and 75 from the UK and Canada who had recently been diagnosed with type 2 diabetes. All participants worked with an exercise specialist to co-design a personalised six-month physical activity plan. The focus was on gradually increasing both moderate-to-vigorous exercise (with a target of 150 minutes per week) and daily lifestyle activity. Support was delivered remotely through phone or video calls.

Half of the participants were randomly assigned to use wearable technology to support their personalised activity plans. The smartwatch had movement and heart rate sensors, a mobile app to track activity and personalised text messages based on their recent progress. They could also message their coach, receive real-time feedback and adjust their activity plans accordingly.

The results were striking. Compared to the control group, those who were given a smartwatch were ten times more likely to start working out regularly, seven times more likely to still be active after six months and three times more likely to remain active one year later – even after support had ended.

At the end of the programme, over 50% of the smartwatch group were meeting recommended activity levels. In comparison, only 17% of the control group were.

Feedback from participants showed that the flexibility of plans, personalised messages and smartwatch data were key motivators. While some faced early challenges with the technology, most adapted quickly.

A person checks their heart rate on their fitness watch.
Half of those who used a smartwatch met recommended weekly activity levels.
Melnikov Dmitriy/ Shutterstock

These findings support growing evidence that wearable technology can help people become – and stay – more active. While our study focused on people with type 2 diabetes, similar benefits have also been observed in the general population.

For example, one trial found that inactive adults (aged 45-75) who were given pedometers and walking advice increased their daily step count by around 660 steps after 12 weeks compared to a control group. Those given a pedometer were also more active three years later.

Since then, wearable technology has advanced. Modern smartwatches now capture a wider range of metrics beyond steps – such as heart rate and activity intensity. A 2022 systematic review and meta-analysis, which analysed more than 160 randomised controlled trials, found that fitness trackers and similar devices were effective at increasing physical activity by an average of around 1,800 steps per day. Importantly, the most sustained improvements occurred when wearables were paired with personalised feedback or behavioural support.

Together, these studies suggest that wearables can be powerful tools for long-term behaviour change and may help us better stick to our fitness goals.

Wearable fitness trackers can extremely helpful – but only if you use them purposefully. Our research, along with findings from other studies, shows that wearables are most effective when they help you apply proven behaviour-change strategies.

Here are some evidence-based tips to help you get the most out of your device:

1. Set realistic, specific goals

Plan exactly when and how you’ll move. Apps can help you set daily or weekly targets. Research shows that breaking down big, vague intentions – such as “get fit” – into small, concrete steps makes it easier to stay motivated and avoid feeling overwhelmed.

2. Schedule activity and stick to it

Use reminders or calendar prompts to build a regular routine. Consistency builds habits, and scheduled activity reduces the chance of skipping workouts due to forgetfulness or lack of planning.

3. Track your progress

Monitoring your activity helps you stay motivated and accountable. This feedback boosts motivation by showing that your efforts are making a difference, increasing your sense of control and accountability.

4. Use small rewards

Many devices include features such as badges or streaks, which reinforce progress. Celebrating small wins triggers feelings of accomplishment, which encourages you to keep going and helps build long-term habits.

5. Share with others

Whether it’s a friend or coach, sharing your progress can boost commitment. Knowing others are aware of your goals can increase motivation, provide encouragement, and help you overcome challenges.

6. The tracker is a tool, not the solution

It won’t change behaviour on its own. Its value lies in how it supports your goals and helps you build lasting habits.

These techniques don’t just encourage short-term change – they build motivation, self-belief and routine, which are key for maintaining healthy habits over time.

Our research shows that when wearable tech is used as part of a structured, supportive programme, it can make a real difference – especially for people managing health conditions such as type 2 diabetes. By combining wearable technology with personalised coaching and proven behaviour change techniques, you might just have a better chance of sticking with your physical activity goals.



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Wearable fitness trackers can make you seven times…

The hardest part of any workout regime is sticking with it. Around half of those who start an exercise programme stop within six months. But our recent study found that using wearables (such as a smartwatch) not only makes people more likely to start working out, they’re also seven times more likely to still be […]

Published

on


The hardest part of any workout regime is sticking with it. Around half of those who start an exercise programme stop within six months.

But our recent study found that using wearables (such as a smartwatch) not only makes people more likely to start working out, they’re also seven times more likely to still be active after six months compared to those who didn’t use a smartwatch.

Our study focused specifically on adults who had recently been diagnosed with type 2 diabetes. Physical activity is a cornerstone of type 2 diabetes management, as it helps regulate blood sugar, supports cardiovascular health and improves quality of life.

Yet around 90% of people with type 2 diabetes fall short of weekly physical activity recommendations. Common barriers include low motivation, uncertainty about what activity is safe and a lack of tailored support.


Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


Our study tested a new approach using wearable technology and remote coaching to overcome these barriers. We found that people who followed a smartwatch-supported remote coaching programme were ten times more likely to start a workout regime than those who received remote coaching alone.

The study involved 125 adults aged between 40 and 75 from the UK and Canada who had recently been diagnosed with type 2 diabetes. All participants worked with an exercise specialist to co-design a personalised six-month physical activity plan. The focus was on gradually increasing both moderate-to-vigorous exercise (with a target of 150 minutes per week) and daily lifestyle activity. Support was delivered remotely through phone or video calls.

Half of the participants were randomly assigned to use wearable technology to support their personalised activity plans. The smartwatch had movement and heart rate sensors, a mobile app to track activity and personalised text messages based on their recent progress. They could also message their coach, receive real-time feedback and adjust their activity plans accordingly.

The results were striking. Compared to the control group, those who were given a smartwatch were ten times more likely to start working out regularly, seven times more likely to still be active after six months and three times more likely to remain active one year later – even after support had ended.

At the end of the programme, over 50% of the smartwatch group were meeting recommended activity levels. In comparison, only 17% of the control group were.

Feedback from participants showed that the flexibility of plans, personalised messages and smartwatch data were key motivators. While some faced early challenges with the technology, most adapted quickly.

A person checks their heart rate on their fitness watch.
Half of those who used a smartwatch met recommended weekly activity levels.
Melnikov Dmitriy/ Shutterstock

These findings support growing evidence that wearable technology can help people become – and stay – more active. While our study focused on people with type 2 diabetes, similar benefits have also been observed in the general population.

For example, one trial found that inactive adults (aged 45-75) who were given pedometers and walking advice increased their daily step count by around 660 steps after 12 weeks compared to a control group. Those given a pedometer were also more active three years later.

Since then, wearable technology has advanced. Modern smartwatches now capture a wider range of metrics beyond steps – such as heart rate and activity intensity. A 2022 systematic review and meta-analysis, which analysed more than 160 randomised controlled trials, found that fitness trackers and similar devices were effective at increasing physical activity by an average of around 1,800 steps per day. Importantly, the most sustained improvements occurred when wearables were paired with personalised feedback or behavioural support.

Together, these studies suggest that wearables can be powerful tools for long-term behaviour change and may help us better stick to our fitness goals.

Wearable fitness trackers can extremely helpful – but only if you use them purposefully. Our research, along with findings from other studies, shows that wearables are most effective when they help you apply proven behaviour-change strategies.

Here are some evidence-based tips to help you get the most out of your device:

1. Set realistic, specific goals

Plan exactly when and how you’ll move. Apps can help you set daily or weekly targets. Research shows that breaking down big, vague intentions – such as “get fit” – into small, concrete steps makes it easier to stay motivated and avoid feeling overwhelmed.

2. Schedule activity and stick to it

Use reminders or calendar prompts to build a regular routine. Consistency builds habits, and scheduled activity reduces the chance of skipping workouts due to forgetfulness or lack of planning.

3. Track your progress

Monitoring your activity helps you stay motivated and accountable. This feedback boosts motivation by showing that your efforts are making a difference, increasing your sense of control and accountability.

4. Use small rewards

Many devices include features such as badges or streaks, which reinforce progress. Celebrating small wins triggers feelings of accomplishment, which encourages you to keep going and helps build long-term habits.

5. Share with others

Whether it’s a friend or coach, sharing your progress can boost commitment. Knowing others are aware of your goals can increase motivation, provide encouragement, and help you overcome challenges.

6. The tracker is a tool, not the solution

It won’t change behaviour on its own. Its value lies in how it supports your goals and helps you build lasting habits.

These techniques don’t just encourage short-term change – they build motivation, self-belief and routine, which are key for maintaining healthy habits over time.

Our research shows that when wearable tech is used as part of a structured, supportive programme, it can make a real difference – especially for people managing health conditions such as type 2 diabetes. By combining wearable technology with personalised coaching and proven behaviour change techniques, you might just have a better chance of sticking with your physical activity goals.

The Conversation

Matthew Cocks receives funding from the Medical Research Council.

Katie Hesketh receives funding from Diabetes UK and NIHR.

This article was originally published on The Conversation. Read the original article.





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Chicago Sports Network launches mobile game for White Sox broadcasts

Chicago Sports Network this week launched a new mobile game around its White Sox pre- and in-game broadcasts with the help of mobile game developer Aquimo. “The CHSN Home Run Challenge” game is home run derby formatted, with users controlling their swing timing by quickly tilting their phone. While there is no set schedule for […]

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Chicago Sports Network this week launched a new mobile game around its White Sox pre- and in-game broadcasts with the help of mobile game developer Aquimo.

“The CHSN Home Run Challenge” game is home run derby formatted, with users controlling their swing timing by quickly tilting their phone. While there is no set schedule for when the game will appear, it will be live during CHSN’s June 12 and 13 broadcasts.

The game will be promoted regularly with live reads by CHSN talent before and during games, CHSN EVP/Experience & Engagement Dan Jones said. The top 10-scoring players each night will receive prizes including autographed memorabilia and gate giveaways.

“One of our north stars [when CHSN launched last year] was to engage fans different ways and try to take a typical, transactional viewing experience and change that dynamic,” Jones told SBJ. “This is step one in several steps that we’ll take to do that.”

In the future, Jones added, that could mean elements like interactive prediction contests. But on the mobile gaming front, he said Aquimo stood out because of the ease of access to its games — fans will enter using an on-screen QR code without needing to download an app — and the compelling nature of the games themselves.

Underpinning the latter dynamic is patented technology Aquimo developed that uses the motion sensors in a mobile device to control games. In sports, the company has primarily deployed that technology for in-venue activations but recently began working with broadcasters for at-home viewers as well; the CHSN deal is Aquimo’s second in this category, joining an activation around Sportsnet’s “Hockey Night in Canada” telecasts late last year.

Aquimo founder & CEO Mark Jeffery told SBJ the Sportsnet games, which were promoted through 30-second television ads, saw a 6% audience conversion rate, but he expects the CHSN games to net out closer to the 11% the company typically sees in NFL stadiums (from a much smaller pool of potential players than at-home TV viewers) because promotion will be woven throughout the broadcasts.

No sponsors are currently attached to the CHSN home run game, but Jones said they will enter the market with it soon.

“We feel like this is really ripe for a brand partner,” Jones said. “We can integrate them into the game itself, we can integrate them into all of the promos that we’re doing on the network. They can be integrated into the prize pools. And there’s a data collection element they can benefit from.

“We wanted to soft launch it. Now we’ll enter the hard launch phase, now we’ll have proof of concept that we can bring to brands and examples of the integrations.”



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Matrix Debuts Stretch Platform in UK

The commercial fitness brand is pushing into recovery with a mobility-focused platform designed for high-traffic gyms Matrix Fitness, a leader in the commercial fitness space, is expanding beyond treadmills and weight machines with the launch of a new recovery-focused product: the Stretch Platform. Built to support flexibility and mobility, the Stretch Platform taps into rising […]

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The commercial fitness brand is pushing into recovery with a mobility-focused platform designed for high-traffic gyms

Matrix Fitness, a leader in the commercial fitness space, is expanding beyond treadmills and weight machines with the launch of a new recovery-focused product: the Stretch Platform.

Built to support flexibility and mobility, the Stretch Platform taps into rising demand for more holistic fitness experiences alongside traditional cardio and strength training.

Developed by Matrix’s global product team, the platform is designed to be approachable for users of all levels. Key features include numbered zones for guided stretching, contoured hand grips for added reach and stability and accessible foot pegs for enhanced support.

“Recovery is no longer an afterthought — it’s an expectation,” Matrix Fitness UK managing director Matthew Pengelly said. “The Stretch Platform meets that expectation by offering a superior stretching experience that supports strength gains, reduces injury risk and promotes overall wellness. It’s a powerful addition to any facility seeking to deliver a complete, end-to-end fitness journey.”

For fitness operators, the Stretch Platform is designed with easy entry and exit to accommodate high-traffic gym environments. It also includes a placard highlighting target muscle groups and an integrated device holder for guided routines or entertainment.

See Also

Personal trainer working out with client

The Matrix Stretch Platform is now available in the UK market.





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Sponsor interview: LucidLink’s Tom Holmes

Tom Holmes, media and entertainment workflow consultant at LucidLink, speaks to SVG Europe’s Jo Ruddock about the challenges facing sports production teams when it comes to workflows, especially given the growth in hybrid teams and remote production. He also shares how LucidLink is helping to ease those pain points, along with future development plans for […]

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Tom Holmes, media and entertainment workflow consultant at LucidLink, speaks to SVG Europe’s Jo Ruddock about the challenges facing sports production teams when it comes to workflows, especially given the growth in hybrid teams and remote production. He also shares how LucidLink is helping to ease those pain points, along with future development plans for the storage collaboration platform.






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Michael Rubin says Fanatics in ‘absolutely no rush’ to go public

Fanatics CEO Michael Rubin said there is “absolutely no rush” for the company to go public. Rubin appeared on CNBC this morning to promote the upcoming Fanatics Fest in N.Y. and was asked about not going public in 2022. Rubin claims Fanatics “never thought about going public” back then. He said, “That’s just made up […]

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Fanatics CEO Michael Rubin said there is “absolutely no rush” for the company to go public. Rubin appeared on CNBC this morning to promote the upcoming Fanatics Fest in N.Y. and was asked about not going public in 2022. Rubin claims Fanatics “never thought about going public” back then. He said, “That’s just made up things that people put out there. We never spent one time with bankers going through the process. We want to build this as a great private company until it’s time to be a public company.” Rubin does see Fanatics going public “one day.” Rubin noted Fanatics will make close to $12B in revenue next year and said, “The company’s making good profits today. We have all the capital that we need. For me, there’s no rush to be a public company.” CNBC’s Becky Quick asked why the company would consider going public and wondered about “needing cash for expansion.” Rubin said, “We’ve got close to $1B on the balance sheet in cash today. We generate a fair about of cash this year. … Our two big investors today, they like us being private, they like us building the business. Eventually I think we’ll be too big of a company not to be a public company” (“Squawk Box,” CNBC, 6/12). Fanatics Chief Strategy & Growth Officer Tucker Kain in December 2021 said an IPO was “on our roadmap” and “something we’re aware of and focused on” (SBJ).

The second Fanatics Fest is taking place June 20-22 at the Javits Center in N.Y., and Rubin noted stars like Lakers F LeBron James, Suns F Kevin Durant and Spurs C Victor Wembanyama are scheduled to be among the more than 300 athletes and celebrities in attendance. It was held in August last year, but Rubin noted it was moved to earlier in the summer for one main reason. He said, “You can have active NFL players in June. … We’ve got half of the active starting NFL quarterbacks coming.” Rubin said Fanatics lost $14M-15M last year on the event but said, “It’s just great for our brand. It’s a great way to connect with sports fans. If I really think about what my dream for is Fanatics, we want the brand to be beloved, not big” (“Squawk Box,” CNBC, 6/12).



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