Tag Archives: Sportradar

Sportradar achieved a profit of between €20m-€24m for the first quarter of 2025 according to an unaudited financial report. The Nasdaq sports technology group revealed that revenue rose to around €307m-€311m in a preliminary unaudited report published today (23 April). Meanwhile, adjusted EBITDA was between €56m and €58m. Items excluded from the Adjusted EBITDA figure included significant components in understanding …

The Brazilian Football Confederation (CBF) has moved to strengthen its integrity oversight amid the continuing growth of the country’s betting market. The confederation extended its partnership with sportstech and data group Sportradar this week, specifically leveraging the firm’s Sportradar Integrity and Regulatory Services. Set to restart in the 2025/26 season, the deal looks to boost efforts to fight match-fixing in …

XLMedia Plc is working on final obligations and liabilities to close its business in 2025 and settle outstanding net proceeds with shareholders. Issuing an update on the proceedings of its closure, XLMedia confirms that it “no longer has any material trading activities” as the board is set to delist XLMedia from the London AIM exchange on 12 May 2025. Group accounts …

Sportradar AG has set out to deliver an unmatched scale in global sports and  betting, captured by the accelerated development of its proprietary technologies and strategic acquisitions. The message was delivered at the Nasdaq technology group’s investor day, where the Sportradar leadership team set its vision to become “the engine of the sports world”. In 2025, Sportradar celebrated the 25th …

Sportradar has published its FY and Q4 2024 financial results, announcing a 26% YoY increase in full-year revenue to €1.1bn (£840m). Full-year The technology firm contributed the €229m uptick to a 29% and a 15% growth in its Betting Technology & Solutions, and Sports Content, Technology & Services segments, respectively.  Divided into individual amounts, Betting Technology & Solutions revenue totalled …

Sportradar has significantly expanded its global reach with the acquisition of IMG Arena, along with the company’s full range of sports betting data rights. This portfolio encompasses IMG’s relationships with 70 different rightsholders, covering 39,000 data events and 30,000 streaming events across 14 global sports. IMG is partnered with the likes of Wimbledon, the US Open, Roland-Garros, Major League Soccer, …

Amended complaints have reportedly been filed against both Genius Sports and Sportradar from SportsCastr Inc. (PANDA Interactive). Adding what has been described as parallel antitrust claims to its ongoing patent infringement lawsuit – first filed in October 2023 – the company asserts that the defendants ‘unlawfully tied access to the official sports data they exclusively control with their own betting …

Sportradar’s sportsbook customers can now enjoy an enhanced horse and greyhound racing offering due to a new integration between BetMakers and Podium. In a joint announcement, the two parties confirmed that their racing wagering tool, AdVantage Platform, will be integrated into Sportradar’s ORAKO sportsbook solution for full access to global racing events.  Jake Henson, CEO at BetMakers, said: “We are …

Sports betting incumbents have been warned not to rest on their laurels, as a disruptive decade faces more changes driven by AI adoption. The message comes from sports figurehead and technologist Carsten Koerl, the founder and CEO of Sportradar, who believes without hesitation that the terms of play for sports and betting will be re-written by the end of the decade. Taking …

Major League Baseball (MLB) has acquired an equity stake in Sportradar as part of a new partnership that aims to ‘unlock the full data and audiovisual potential’ of the league.  Valid until 2032, the terms will see MLB being issued up to an aggregate of 1,855,724 Class A ordinary shares throughout the agreed period. The new arrangements build on the …