Tag Archives: Carsten Koerl

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 …

Sportradar has gained the global data and betting streaming rights to the ATP, starting in 2024.  Following what was described as an extensive RFP process led by Tennis Data Innovations (TDI), this RFP process was initiated by the group in January 2023 and saw five bidders submit ‘detailed proposals’ across multiple rounds for a six-year rights cycle. Carsten Koerl, Sportradar …

Severine Riviere has become the latest senior hire at Sportradar, joining the company as Chief People Officer (CPO) to spearhead its human resources policies. The Swiss sports technology and data company will hold oversight of the group’s HR strategy, including talent management, leadership development, employee rewards and cultivation of workplace culture. She will report directly to Carsten Koerl, Sportradar CEO, …

Sportradar AG has upgraded its full-year 2022 financial outlook, reflecting a consecutive quarter of “exceeded growth outperforming corporate expectations”.  Publishing its Q3 trading update, the Nasdaq sportstech group registered corporate revenues of €179m, up 31% on 2021 comparative results of €137m. Q3’s headline growth accounted for a 28% increase in Rest-of-the-World (excluding US) betting revenues of €101m that outperformed like-for-like …

Carsten Koerl, the founder and CEO of Sportradar AG, has been named Switzerland’s ‘Entrepreneur of The YearTM’ by EY.  The accolade forms part of Big-4 auditor and financial consultancy EY’s global programme promoting entrepreneurial achievement in more than 60 participating countries.  A panel of independent judges rewarded Koerl for his “entrepreneurial spirit and purpose” in achieving Sportradar’s founding mission to …

Sportradar and FanDuel Group have confirmed the signing this week of a new official NBA data partnership which will run through to the end of the 2030-31 season. Under terms of the agreement, Sportradar will supply FanDuel with official NBA data and supplementary betting services for its sportsbook platform.  FanDuel has also agreed to extend its original August 2021 main …

The SBC Summit Barcelona is well underway, with Sportradar’s CEO Carsten Koerl and others appearing on panels and as keynote speakers at the event, discussing technological developments in sports betting.  Dalraj Bahia is Managing Director of Operations within the firm’s Betting & Gaming vertical. Working alongside Sportradar’s Chief Product Officer, Dalraj manages a global team to lead and develop a …

Following the publication of the Sportradar Q2 results last week, CEO Carsten Koerl spoke with SBC Americas to discuss the company’s recent performance and the growing opportunities within the US market. Discussing how much of a priority the US market is when compared to Europe, Koerl began: “So at the moment, the US accounts for approximately 15% of total revenue …

Carsten Koerl, the CEO and Founder of Sportradar, will keynote at SBC Summit Barcelona 2022 conference and trade show which takes place at Fira de Barcelona Montjuïc on 20 – 22 September. The keynote entitled  “Insights from the CEO of Sportradar” is scheduled for Day Two on 22 September. Koerl will be interviewed by his fellow Sports Betting Hall of …

Sportradar AG has upgraded its year guidance, forecasting full-year revenues in the new range of €695-to-€715m – representing a prospective growth of 24% over fiscal 2021 results. The Nasdaq-listed Sportstech group capitalised heavily on US market expansion during 2022, as Q2 revenues across all segments continue to grow, albeit with rising costs and expenses.  Headline results saw Sportradar record revenue …