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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 […]
Legal
September 19, 2024
Texas Judge Rules Infringement Case Against Sportradar Can Proceed
A patent infringement lawsuit filed against Sportradar by PANDA Interactive was granted approval to proceed by a judge earlier this week, a newly released report suggests. PANDA Interactive Sues Sportradar, Alleging Patent Infringement The case was filed by PANDA Interactive back in October as the company took legal action against Genius Sports and Sportradar, alleging […]
Industry
July 25, 2024
Sportradar Unveils Social Media Video Ads Featuring Betting Data
Sportradar has once again driven innovation, launching an industry-first solution that integrates live sports data and betting content into the video advertisements offered by its ad:s paid social marketing service. This unprecedented approach will unlock new opportunities for the sports betting specialist’s operator partners, the announcement emphasized. Thanks to the new integration, Sportradar’s clients will […]
Business
July 11, 2024
Sportradar Extends UEFA Data Rights Deal by Three Years
Sportradar unveiled a multi-year extension of its exclusive betting data rights partnership with the European soccer governing body UEFA. In addition to that, the sports data specialist also extended its integrity partnership with the association. The expanded rights agreement now includes the non-exclusive right to distribute data to non-betting media, Sportradar announced. In addition, it […]