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Business
June 23, 2025
Sportradar Positioned for Further Growth, Macquarie Report Finds
According to a new report from Macquarie Equity Research, the sports data and analytics company Sportradar is well-positioned for significant growth as more US states legalize online sports betting and in-play betting continues to increase in popularity. Macquarie Reveals Interesting Findings about Sportradar Macquarie contends that the $8 billion market-cap company remains undervalued by investors, […]
Sports
June 12, 2025
Sportradar Pens FIFA Club World Cup 2025 Partnership with DAZN
Sportradar Group, a leader in sports technology specializing in immersive experiences for fans and bettors, has unveiled a major sports data partnership with DAZN, one of the world’s best sports entertainment platforms. Sportradar Joins DAZN Under the agreement, Sportradar will exclusively distribute ultra-low latency betting data, as well as non-exclusive media content, from the FIFA […]
Business
April 23, 2025
Sportradar Announces Second Share Offering for 23 Million Shares
Sportradar Group AG, a global leader in sports technology currently valued at $6.9 billion, has revealed plans for a secondary public offering of 23 million Class A ordinary shares. Sportradar Announces Secondary Offering and $75M Share Repurchase The shares are being offered by affiliates of the Canada Pension Plan Investment Board, Technology Crossover Ventures, and […]
Business
March 21, 2025
XLMedia Receives Only $1M Despite Robust Sportradar Financials
XLMedia PLC, a once-leading digital media company, recently announced it will receive a performance-related earnout of $1 million from Sportradar AG. This development comes after XLMedia sold its North American business to Sportradar in November 2024, a deal that initially envisioned a maximum total potential consideration of up to $30 million. Sportradar’s Business Model Proved […]
Business
March 19, 2025
Sportradar Publishes FY24 Report, Confirms IMG ARENA Acquisition
Sports data giant Sportradar has published its FY 2024 results, reporting a significant increase in revenue. In addition to that, the company unveiled a major new acquisition deal, announcing that it will acquire IMG ARENA in a $225 million deal. Sportradar Publishes Its 2024 Report In its report, Sportradar outlined full-year revenue of EUR 1.1 […]
Sports
March 4, 2025
Panda Interactive Broadens Lawsuit Against Genius Sports and Sportradar
SportsCastr Inc., which does business as Panda Interactive, has ramped up its legal fight against Genius Sports and Sportradar. The company has filed updated complaints that add antitrust accusations to the existing patent infringement claims. Panda Interactive Claims Sports Data Giants Block Fair Competition Panda Interactive argues that the two sports data powerhouses have taken […]
Sports
January 9, 2025
Sportradar Records Decline in Match-Fixing, Advises Vigilance and Innovation
Sportradar, the world’s leading sports technology company, has reported a significant decline in match-fixing across Europe and Africa. While executives praised the trends, they also encouraged sports and betting stakeholders to remain vigilant. Sportradar Recorded Fewer Suspicious Games in 2024 As reported by Spotradar’s Sportradar Integrity Services arm, match-fixing experienced a significant year-on-year decline in […]
Business
December 5, 2024
Sportradar CFO Discusses Strategic Growth and Innovation
At the Morgan Stanley Global Consumer and Retail Conference held on 4 December, Sportradar’s CFO, Craig Felenstein, shared perspectives on the company’s growth trajectory and strategic priorities. Felenstein emphasized a balanced commitment to organic growth and targeted acquisitions, leveraging the company’s robust financial foundation to maintain momentum despite rising macroeconomic challenges. Sportradar Carefully Evaluates M&A […]
Industry
October 30, 2024
Brazil’s Ministry of Finance Inks Deals with Match-Fixing Monitoring Bodies
On October 29, Brazil’s Ministry of Finance announced a five-year partnership with four major organizations that specialize in industry monitoring and integrity to help combat match-fixing. The Ministry’s Secretariat of Prizes and Bets (SPA) signed Technical Cooperation Agreements with betting data specialist turned into one of the world’s largest sports technology companies, Genius Sports, leading […]
Business
October 21, 2024
XLMedia to Sell US Assets to Sportradar, Plans to Delist by May
Sports and gaming digital media company XLMedia has agreed to sell its remaining business in North America to Sportradar, a Switzerland-based sports data specialist. This conditional agreement will see the rest of XLMedia’s NA business transferred to Sportradar for $30 million in cash. XLMedia Failed to Achieve Its Goals in America According to XLMedia, the […]
