Following the announcement by Sportradar Group AG of its plans to acquire IMG Arena US Parent, LLC, the UK Competition and Markets Authority (CMA) has initiated a preliminary review process to assess whether the transaction could potentially weaken the competitive environment in the UK sports data a
Sportradar announced a partnership with streaming platform Dazn to jointly create the upcoming FIFA Club World Cup, which will be held in the United States in 2025. As part of the agreement, Dazn will be responsible for broadcasting the event, while Sportradar will provide exclusive data support, in
Sportradar and the Brazilian Ministry of Sports have officially signed a technical cooperation agreement aimed at enhancing the integrity of the country's sports betting environment.The agreement will allow the ministry access to Sportradar's Universal Fraud Detection System (UFDS) and provide train
Sportradar released its first quarter report up to March 31, 2025.Revenue increased by 17% year-over-year, reaching 311 million euros ($345.4 million), thanks to significant growth reported across multiple divisions.Looking at different divisions, the betting technology and solutions division grew b
Sportradar has expanded its Alpha Odds solution to the cricket sector. This solution will cover 400 in-play markets and 200 pre-match betting markets per match, further optimizing trading and value. Alpha Odds is available through Sportradar's Managed Trading Services (MTS) and Premium Cricket
Sportradar announced its preliminary financial results for the first quarter of this year, expecting revenue to be between 307 million euros and 311 million euros.In fact, compared to the 265.9 million euros generated in the first quarter of 2024, this total revenue has increased by 14.3% to 15.6%.M
Sports data analytics company Sportradar is vigorously promoting its generative artificial intelligence and computer vision products to investors, suggesting the maximization of profits and AI-driven efficiency.The company showcased several AI products on Investor Day. Sportradar's Chief Technology
Supplier Sportradar announced the launch of its new marketing solution product Gen AI Audio Advertising, aimed at producing audio advertisements for sports betting and casino operators.According to the company, the new system will provide operators with additional advertising content through artific
Sportradar has signed an agreement with Major League Baseball (MLB) to assist in scouting players for the league. This collaboration will apply to all 30 clubs of Major League Baseball (MLB) and will allow them to utilize Sportradar's advanced proprietary technology to better assist them in analyzin
Sportradar announced its financial results for the quarter ending September 30, 2024.Compared to the same period last year, total revenue for the third quarter increased by 27%, reaching 255 million euros, thanks to a 32% growth in betting technology and solutions, and an 8% increase in sports conte
The Brazilian Ministry of Finance has signed two separate agreements aimed at enhancing the integrity of sports betting, preparing for the launch of the regulated online market early next year. Firstly, the Brazilian Ministry of Finance, through the Secretariat of Awards and Betting (SPA), has signe
Its subsidiary, XLMedia, has announced a conditional agreement to sell its North American business assets to Sportradar for up to $30 million.The deal includes a $20 million upfront payment and an additional $10 million due in April 2025, contingent on performance.The transaction is expected to be c
After 50,000 simulations, Kansas City won the championship in 7,105 instances. The era of artificial intelligence continues.Sportradar's artificial intelligence simulation shows that Kansas City is the most likely team to win the professional football championship on February 9, 2025, making it the
Supplier Sportradar announced its intention to enter the micro-betting sector in collaboration with Tennis Data Solutions (TDI), utilizing artificial intelligence to provide betting on specific short-term outcomes during match scenarios.This newly formed partnership aims to enhance Sportradar's prod
Sportradar (NASDAQ: SRAD) will further transform the betting landscape by launching micro-markets (next-generation live betting products) that will cover leading sports events, opening up new revenue streams for operators. As a strategic move, Sportradar is collaborating with Tennis Data Innovations
The world's leading sports analytics company, Sportradar, has released its annual NFL season forecast, utilizing advanced artificial intelligence to simulate the upcoming 2024-25 season. According to their data, the Kansas City Chiefs are expected to win the championship on February 9, 2025, potenti
