Tag Archives: Carsten Koerl

Sportradar unveils internal shifts to drive sustainability goals 

SBC News Sportradar unveils internal shifts to drive sustainability goals 

Sportradar Group AG has introduced the next set of changes to its internal structure as part of a strategic development plan. The goal is to build a business that is better suited to meet the needs of clients, partners, drive product innovation, and reach sustainability goals that allow for long-term growth, profitability and shareholder value.  A total of six business …

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Sportradar extends safeguarding duties against match-fixing with AFC renewal

SBC News Sportradar extends safeguarding duties against match-fixing with AFC renewal

Switzerland-based data provider Sportradar has announced an extension to its sports integrity partnership with the Asian Football Confederation (AFC).  Sportradar will continue to supply the AFC with integrity services, such as bet monitoring, for at least until 2027, taking the partnership which was first conceived in 2013 to 14 years in total.  AFC President, Shaikh Salman, said: “For the past …

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Sportradar expects strong end to 2023 citing Q3 performance

Carsten Koerl, Sportradar: the US, media rights and the importance of new data

Sportradar AG has updated its financial guidance for 2023 following continued momentum during Q3 which saw revenue growth across its core geographic and business segments. The Swiss-based sportstech group reported overall quarterly revenue of €201m, an increase of 12% on 2022 comparatives of €178m, whilst EBITDA also rose 38% to €50.5m (€36.5m), with an increased margin of 25% up from …

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Sportradar joins Taiwan Sports Lottery consortium for 10-year contract

Sportradar joins Taiwan Sports Lottery consortium for 10-year contract

Sportradar has extended its reach in the Asian betting space via a long-term involvement with the Taiwan Sports Lottery (TSL) following a tender process. The Swiss-sportstech group is one of three firms to form the consortium that will manage the TSL from 2024 to 2033, serving as the betting technology provider after being awarded the third sports lottery licence along …

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Sportradar to support CONMEBOL tournaments after betting data bid success

SBC News Sportradar to support CONMEBOL tournaments after betting data bid success

Sportradar has been named the successful bidder for exclusive global audio and video (AV) and betting data rights to the South American Football Confederation (CONMEBOL).  The sports technology company will now enhance the accessibility and engagement of South American football for a broader global audience. In detail, the rights encompass the major regional club tournaments organised by CONMEBOL, including the …

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Sportradar Q1 results show revenue growth and investment for the future

Carsten Koerl, Sportradar: the US, media rights and the importance of new data

Sports technology firm Sportradar has posted a buoyant set of Q1 results for 2023, delivering growth in revenue and adjusted EBITDA during a trading period that saw further big investments in AI and CV. Total Q1 profit, however, was lower at €6.8m compared with €8.2m year-on-year. Speaking to SBC News, CEO Carsten Koerl said that the company had “delivered again” …

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‘Highly accomplished’ Gerard Griffin to handle finances at Sportradar

SBC News ‘Highly accomplished’ Gerard Griffin to handle finances at Sportradar

Sportradar has appointed Gerard Griffin as the group’s new Chief Financial Officer,, beginning 9 May, working towards its growth and profitability objectives.  Griffin most recently served as Chief Financial Officer at interactive entertainment firm Zynga, but will now report directly to CEO and founder Carsten Koerl at Swiss sports technology company Sportradar. He will succeed Uli Harmuth, and be based …

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Sportradar sets sights on €900m revenue after surpassing all 2022 targets

Carsten Koerl, Sportradar: the US, media rights and the importance of new data

Sportradar AG has projected a strong outlook for 2023 after reporting revenue growth across all markets last year, exceeding its all 2022 expectations. The Global Nasdaq sportstech firm saw total group-wide revenue increase both for the full year and during the final quarter, and profitability has continued in the face of mourning costs. Investment heavy year pays dividends Sportradar reported …

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