Articles from Sportradar AG

NEW YORK and ST GALLEN, Switzerland, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Major League Baseball (MLB) and Sportradar Group AG (NASDAQSRAD) today announced a long-term extension and expansion of their decade-long partnership, set to begin with the 2025 season, aimed at unlocking the full potential of MLB’s data and audiovisual (AV) content while growing America’s pastime worldwide. As part of the agreement, MLB has acquired an equity stake in Sportradar, further solidifying the partnership between the two organizations and supporting future growth opportunities.

ST. GALLEN, Switzerland, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar” or the “Company”), a leading global sports technology company, today announced that it will host an Investor Day in New York City on Tuesday, April 1, 2025. Carsten Koerl, Chief Executive Officer, Craig Felenstein, Chief Financial Officer, and senior business leaders will present the business strategy, growth drivers and financial outlook. The event will conclude with a Q&A session with the Company’s senior leadership. Presentations will commence at 9:00 am eastern time and conclude at approximately 12:00 pm.

Significant drop in suspicious matches detected in Europe and Africa; corruption in soccer decreased globally

ST. GALLEN, Switzerland, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Craig Felenstein, the Company’s Chief Financial Officer, will participate in the UBS Media & Communications Conference on Tuesday, December 10th, 2024. The fireside chat will take place at 1:30 pm eastern time. The webcast can be accessed at investors.sportradar.com.

ST. GALLEN, Switzerland, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Craig Felenstein, the Company’s Chief Financial Officer, will participate in the Morgan Stanley Consumer & Retail Conference on Wednesday, December 4th, 2024. The fireside chat will take place at 2:15 pm eastern time. The webcast can be accessed at investors.sportradar.com.

ST. GALLEN, Switzerland, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQSRAD) today announced the launch of generative AI (gen AI) audio, a new feature within its ad:s multi-channel marketing service. The tool leverages the power of gen AI integrated with Sportradar’s live data, to automate the creation of personalized, real-time audio adverts for sportsbook and casino operators across one of the fastest growing digital marketing channels globally.

NEW YORK and ST. GALLEN, Switzerland, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQSRAD) today announced a multiyear agreement with Major League Baseball (MLB) to offer unparalleled sports performance analysis of amateur baseball prospects, through its Synergy Coaching and Scouting solution, to the league and its 30 Clubs. This new partnership will revolutionize player talent scouting through Sportradar’s advanced, proprietary technology and highlights Sportradar’s commitment to delivering innovative and game-changing solutions to the league.

Third Quarter 2024 Highlights

New and Expanded Offerings Foster Personalization and Deeper Fan Engagement for NBA

ST. GALLEN, Switzerland, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”) will release its financial and operating results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024. Sportradar will also host an earnings call via webcast to discuss the results at 8:00 a.m. Eastern time on Thursday, November 7, 2024.

ST. GALLEN, Switzerland, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQSRAD) is set to further transform the betting landscape with the launch of micro markets, the next generation of in-play betting products, across leading sports, opening fresh revenue streams for operators. In a strategic move, Sportradar, in collaboration with Tennis Data Innovations (TDI), is introducing micro markets for ATP tennis matches this October. This exclusive partnership marks yet another step in offering bettors more granular and engaging wagering options in tennis.* Sportradar currently offers micro markets across other popular sports including soccer and table tennis.

ST. GALLEN, Switzerland, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, will participate in the following investor conferences in September:

Achieved Record Revenue of €278 Million, Up 29% Year-over-YearGenerated Strong Cash Flow from Operating ActivitiesFurther Raising 2024 Outlook for Revenue and Adjusted EBITDA

ST. GALLEN, Switzerland, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Craig Felenstein, the Company’s Chief Financial Officer, will participate in Canaccord Genuity’s 44th Annual Growth Conference on Wednesday August 14, 2024. The fireside chat will take place at 1:30 pm eastern time and will be webcast live at investors.sportradar.com.

ST. GALLEN, Switzerland, July 17, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”) will release its financial and operating results for the second quarter ended June 30, 2024, on Tuesday, August 13, 2024. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 am Eastern time on Tuesday, August 13, 2024.

NYON and ST. GALLEN, Switzerland, July 11, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) and European Football governing body UEFA have announced a multi-year extension of their existing exclusive betting data rights agreement, expanded to include the non-exclusive right to distribute data to non-betting media.

Sportradar's Managed Trading Services See Significant Global Adoption in H1 2024

Achieved Record Revenue of €266 Million, Up 28% and Grew Adjusted EBITDA 29%

Cutting-edge AI in Alpha Odds empowers operators to optimize trading efficiency and risk management

ST. GALLEN, Switzerland, May 09, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar” or the “Company”), a leading global sports technology company, today announced that Carsten Koerl, Chief Executive Officer, will participate in the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference at the Westin Boston Seaport District Hotel on Tuesday, May 21, 2024. Mr. Koerl will participate in a fireside chat at 8:10 a.m. EST that morning and that will be webcast live on https://investors.sportradar.com.

Recognized global technology leader and co-founder of transformative Google products to accelerate the adoption of AI and product development

ST. GALLEN, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”) will release its financial and operating results for the first quarter ended March 31, 2024 on Wednesday, May 15, 2024. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 a.m. ET on Wednesday, May 15, 2024.

ST. GALLEN, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD)(“Sportradar” or the “Company”) today announced that Craig Felenstein has been named Chief Financial Officer of the Company, effective June 1, 2024. Felenstein joins the Company from Lindblad Expeditions NASDAQ: LINDNASDAQLIND)

PRAGUE, Czech Republic and ST. GALLEN, Switzerland, March 28, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQSRAD) and Oddin.gg, an award-winning B2B betting-solutions provider for esports, today announced they have entered into a multi-year strategic partnership to offer audiovisual streaming of Oddin’s exclusive esports content to Sportradar’s betting operator clients around the world.

Delivered record results, growing revenue 20% and Adjusted EBITDA 33% for fiscal 2023Targeting strong outlook in 2024 of at least 20% growth in revenue and Adjusted EBITDAAuthorizes $200 million Share Repurchase Program

ST. GALLEN, Switzerland, March 20, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (the “Company”) today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission on March 20, 2024. The annual report on Form 20-F can be accessed on the Company’s investor relations website at https://investors.sportradar.com/financials-filings/sec-filings or on the SEC’s website at www.sec.gov.

Exclusive partnership between Sportradar and the NBA introduces cutting-edge betting features directly into NBA League Pass streaming service, enhancing fan experience

ST. GALLEN, Switzerland, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”) will release its financial and operating results for the fourth quarter ended December 31, 2023 on Wednesday, March 20, 2024. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 a.m. ET on Wednesday, March 20, 2024.

Since 2022 and first to market, Sportradar has been transforming the status quo for trading betting markets

Names Executive Leadership Team to Oversee Global Functions

Sportradar FanID features first data clean room for sports industry, delivers personalized marketing at scale

ATP Service+ Unlocks Deep Data to Support Global Growth and Fan Engagement

NEW YORK and ST. GALLEN, Switzerland, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Sportradar (NASDAQSRAD) today announced the appointment of Jim Bombassei as Senior Vice President, Investor Relations and Corporate Finance, effective immediately. Based in New York, he will report directly to Gerard Griffin, Chief Financial Officer.

ST. GALLEN, Switzerland, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Gerard Griffin, the Company’s Chief Financial Officer, will participate in the following two conferences in December:

ST. GALLEN, Switzerland, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Gerard Griffin, the Company’s Chief Financial Officer, will participate in Needham’s 3rd Annual Consumer Tech / E-Commerce Virtual Conference on Monday November 20, 2023. The virtual fireside chat will take place at 9:20 am eastern time. Please click here for access: https://wsw.com/webcast/needham137/srad/2245890

Delivered 12% revenue, 38% Adjusted EBITDA growth for the third quarterAnnual outlook updated with growth of 19% to 21% for revenue and 29% to 33% for Adjusted EBITDAInitiated a reduction in global workforce as part of ongoing strategic growth initiativesWell positioned for revenue growth and margin expansion

Managed-services sportsbook solution, ORAKO, to underpin sports betting in Taiwan for the next decade

ST. GALLEN, Switzerland, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”), a leading global technology company focused on enabling next generation engagement in sports by providing business-to-business solutions to the global sports betting industry, will release its financial and operating results for the third quarter ended September 30, 2023 on Wednesday, November 1, 2023. Sportradar will also host an earnings call via webcast to discuss the results at 8:00 a.m. ET on Wednesday, November 1, 2023.

ST. GALLEN, Switzerland, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Gerard Griffin, the Company’s Chief Financial Officer, will participate in the following two conferences in September:

Delivered 23% revenue, 42% Adjusted EBITDA growth for first six monthsOn track to deliver record annual revenue Annual outlook reaffirmed with growth of 24% to 26% for revenue and 25% to 33% for Adjusted EBITDA

NEW YORK, July 12, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”), a leading global technology company focused on enabling next generation engagement in sports by providing business-to-business solutions to the global sports betting industry, will release its financial and operating results for the second quarter ended June 30, 2023 on Wednesday, August 9, 2023. Sportradar will also host an earnings call via webcast to discuss the results at 8:00 a.m. EDT on Wednesday, August 9, 2023.

The multi-year exclusive agreement covers worldwide rights for CONMEBOL Libertadores, CONMEBOL Sudamericana and CONMEBOL Recopa to bring competitions to fans all over the world and boost fan engagement 

NEW YORK, May 12, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar or the “Company”), a leading global technology company focused on enabling next generation engagement in sports by providing business-to-business solutions to the global sports betting industry, announced today that the Company will participate in two upcoming conferences in May.  

Delivered 24% revenue and 37% Adjusted EBITDA growth U.S. segment revenue grew 55% with positive Adjusted EBITDA for third consecutive quarterAnnual outlook reaffirmed with growth of 24% to 26% for revenue and 25% to 33% for Adjusted EBITDA

ST. GALLEN, Switzerland, April 26, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) today announced that Gerard Griffin has been named Chief Financial Officer of the company, effective May 9, 2023. Mr. Griffin most recently served as Chief Financial Officer at Zynga Inc., a global leader in interactive entertainment. Mr. Griffin, who will succeed Uli Harmuth, will be based in St. Gallen in the future and will be responsible for the company’s accounting, finance and investor relations operations. He will report directly to CEO and founder Carsten Koerl.

ST. GALLEN, Switzerland, April 24, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) today announced that two highly experienced executives, Rajani Ramanathan and William Kurtz, will stand for election as independent members of its Board of Directors at the company’s annual general meeting of shareholders, on May 16, 2023 in St. Gallen, Switzerland. In addition to Ms. Ramanathan and Mr. Kurtz, the candidates for the seats include seven incumbent directors advanced by the board.

NEW YORK, April 12, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”), a leading global technology company focused on enabling next generation engagement in sports by providing business-to-business solutions to the global sports betting industry, will release its financial and operating results for the first quarter ended March 31, 2023 on Wednesday, May 10, 2023. Sportradar will also host an earnings call via webcast to discuss the results at 8:00 a.m. EDT on Wednesday, May 10, 2023. 

ST. GALLEN, Switzerland, March 15, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (the “Company”) today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the Securities and Exchange Commission (SEC) on March 15, 2023. The annual report on Form 20-F can be accessed on the Company’s investor relations website at https://investors.sportradar.com/financials-filings/annual-reports or on the SEC’s website at www.sec.gov.

Full Year 2022 revenue growth of 30% exceeds annual 2022 outlookFourth quarter ROW Betting segment revenue grew 29% with Adjusted EBITDA margin of 44%Fourth quarter U.S. segment revenue grew 77%; positive Adjusted EBITDA for second consecutive quarter2023 annual outlook with growth of 24% to 26% for revenue and 25% to 33% for Adjusted EBITDA

LONDON and ST. GALLEN, Switzerland, March 13, 2023 (GLOBE NEWSWIRE) -- Sportradar, a subsidiary of Sportradar Group AG (Nasdaq: SRAD), has been selected as the successful bidder for the global ATP data and betting streaming rights starting 2024. It follows an extensive RFP process led by Tennis Data Innovations (TDI).

NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”)   will release its financial and operating results for the fourth quarter and full year ended December 31, 2022, on Wednesday, March 15, 2023. Sportradar will also host an earnings call via webcast to discuss the results at 8:00 a.m. EDT on Wednesday, March 15, 2023.

Company continues to scale its global leadership team to deliver accelerated growth

NEW YORK, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”) announced today that Andrew Bimson, Sportradar’s President and Chief Operating Officer, North America, will participate in the 25th Annual Needham Growth Conference on Tuesday, January 10, 2023. Andrew Bimson will participate in a fireside chat at 8:45 a.m. EST. A link to the webcast and replay can be found at https://investors.sportradar.com

NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar” or the “Company”) announced today that Carsten Koerl, Sportradar’s Chief Executive Officer, and Ulrich Harmuth, interim Chief Financial Officer, will participate in the UBS Global TMT Conference on Monday, December 5, 2022.

U.S. segment revenue increased 61% year over year; achieved first-time profitability in the third quarterRest of World Betting business drove strongest organic growth with high Adjusted EBITDA marginCompany raised guidance for revenue and narrowed Adjusted EBITDA range for full year 2022

ZURICH, Switzerland, Oct. 28, 2022 (GLOBE NEWSWIRE) --  Sportradar’s (NASDAQSRAD) CEO and Founder, Carsten Koerl has been named EY Entrepreneur Of The Year™ 2022 in Switzerland. The EY Entrepreneur Of The Year™ is highly respected across the globe as an award, as a program, and, even more importantly, as a mindset. Since 1986, the auditing and consulting firm EY has been committed to the unique Entrepreneur Of The Year™ program which recognizes the achievements of exceptional entrepreneurs. An independent panel of judges selected Mr. Koerl based on his entrepreneurial spirit, purpose, growth, and impact, among other core competencies and attributes.

FanDuel also extends existing data relationship with Sportradar

NEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) -- In conjunction with the start of the 2022-23 National Hockey League (NHL) season, Sportradar (NASDAQSRAD) and the NHL introduced a refreshed NHL.TV, the League’s direct-to-consumer international OTT subscription service, available to hockey fans in certain countries and territories outside of the U.S. and Canada, to provide an engaging and fan-friendly viewing experience of live and on-demand NHL games.

NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQSRAD) (“Sportradar”) will release its financial and operating results for the third quarter ended September 30, 2022, on Wednesday, November 16, 2022. Sportradar will also host an earnings call via webcast to discuss the results at 8:00 a.m. eastern time on Wednesday, November 16, 2022.