Tag Archives: Sportradar

  1. Home
  2. Sportradar
Sportradar shares up 15% after raising full-year revenue guidance
August 17, 2022

Sportradar shares up 15% after raising full-year revenue guidance

Bookiecity

Data provider Sportradar’s share price rocketed after it raised its full-year revenue guidance for 2022.

The announcement came as part of its second-quarter financial report, in which the provider also revealed that its revenue for the three months to 30 June was €177.2m, up 23.0% year-on-year.

In total, €29.1m of Sportradar’s revenue came from the US, up by 66.3% as the US market continued to expand. Rest-of-world betting services brought in €95.5m, up by 20.6% This, the business said, was mostly due to more focus on “higher-value-add” services such as managed betting services.

Rest-of-world audiovisual services to betting operators came to €39.7m, up by just short of 10% thanks mostly to new customers.

Other operations brought in a further €12.9m.

The business then paid €43.4m for purchased services and data licences, up 33.1%, plus €64.4m in personnel expenses, up 37.6%, €21.2m in other operating income, a slight increase, and €49.2m in depreciation and amortisation, up by 75.9..

Continue Reading

Sportradar announces new all-in-one sportsbook solution Orako
June 27, 2022

Sportradar announces new all-in-one sportsbook solution Orako

Bookiecity

Sportradar has announced Orako, its new all-in-one sportsbook solution for betting operators.

Orako offers technology, products and tools for operators looking to establish an omnichannel sports betting service for customers.

The sportsbook solution will feature Sportradar’s own portfolio and will present two options for operators to choose from- the choice of a service fully managed by Sportradar, or an option that allows operators to manage their own service using the Orako tools and technologies.

Orako will also include marketing services, and is powered with artificial intelligence and machine learning capabilities.

“The sports betting industry is hyper competitive, growing at pace and offering more opportunities than ever to operators,” said Jacob Lopez Curciel, managing director for managed sportsbook services at Sportradar.

“With Orako, we can manage up to 100 percent of a sportsbook’s operation and alleviate their need to invest in additional technology and innovation, fre..

Continue Reading

Sportradar launches in-play virtual cricket
May 19, 2022

Sportradar launches in-play virtual cricket

Bookiecity

Sportradar has launched its virtual cricket in-play solution, a virtual betting product that aims to create a real-match cricket experience.

The solution is based on the T20 cricket game format and features a 3D animation engine.

It features 20 overs per team, along with super overs.

The solution is made up of data points from real cricket matches collated by cricket experts and data engineers from Sportradar.

This is the most recent of Sportradar’s cricket offerings, which utilises proprietary data collection tool Cricket Live Score Plus and data and audio-visual content from the International Cricket Council.

“The exponential growth of cricket worldwide has created unprecedented demand for associated content,” said Frank Wenzig, managing director, gaming at Sportradar.

“As cricket fans, and fans of sport more broadly, engage more deeply with data driven content, we are deploying the full extent our technological capabilities to deliver a unique fan experience that empowers our ..

Continue Reading

US growth helps power Sportradar revenue to €167.9m in Q1
May 18, 2022

US growth helps power Sportradar revenue to €167.9m in Q1

Bookiecity

Data provider Sportradar’s revenue grew by 30.5% to €167.9m (£142.4m/$186.4m) in Q1 of 2022, as revenue from the US more than doubled while all other segments also experienced double-digit growth.

The United States was responsible for €25.7m of Sportradar’s revenue, more than double the total from Q1 of 2021. Meanwhile, €86.7m came from rest-of-world betting solutions, up 25.1%. The supplier said this growth was “driven primarily by increased sales of higher value-add offerings”, such as managed betting services which increased 51% to €26.4 million and live data and odds services, which increased 16% to €46.8 million.

A further €45.9m, up 16.9%, came from rest-of-world audiovisual products such as live streams, due to increased content from Tennis Australia and the National Hockey League (NHL). Revenue from other segments was up 13.6% to $9.5m.

Sportradar chief executive Carsten Koerl said it was Sportradar’s highest-margin products that had helped to power its growth.

“Our fiscal..

Continue Reading

Sportradar strikes partnership with Australian Ice Hockey League
May 13, 2022

Sportradar strikes partnership with Australian Ice Hockey League

Bookiecity

Sportradar has entered into a data and audio-visual (AV) distribution rights partnership with the Australian Ice Hockey League (AIHL).

The deal will see Sportradar own the League’s worldwide data and AV distribution rights until the end of the 2024 season.

Through the deal Sportradar will offer its Connected Stadium automated technology – which enhances the quality of video production – to AIHL fans.

The Connected Stadium camera system will be installed in six league venues over the length of the partnership, beginning with the O’Brien Icehouse in Melbourne.

In addition all eight AIHL teams will have access to Sportradar’s Synergy coaching and scouting platform, which features information on how to draft and scout players.

Sportradar will also offer access to its Universal Fraud Detection System.

“The suite of industry-leading technology solutions that we provide is vital for the AIHL to engage a wider audience and grow the profile and participation in ice hockey, both in Austral..

Continue Reading

Swedish regulator pens integrity deal with Sportradar
March 23, 2022

Swedish regulator pens integrity deal with Sportradar

Bookiecity

Swedish gambling regulator Spelinspektionen has entered into a new partnership with the Sportradar Integrity Services arm of Sportradar.

Under the deal, Sportradar will monitor a range of sports and competitions in Sweden and flag any suspicions of match-fixing to Spelinspektionen.

The regulator will also have the opportunity to work with Sportradar on initiatives to assess the risk of manipulation in certain sports.

“Through the information we will receive via Sportradar, we increase our knowledge of match fixing that we can use in, among other things, our regulatory work,” Spelinspektionen investigator Daniel Frisö-Grön said.

“It also gives us opportunities to expand the exchange of information with sports and the police within the framework of our collaboration against match-fixing.”

Earlier this month, Sportradar published its annual integrity report, revealing that a record-breaking 903 suspicious matches had been flagged in 2021.

Continue Reading

Athletes Unlimited selects Sportradar to protect integrity
February 4, 2022

Athletes Unlimited selects Sportradar to protect integrity

Bookiecity

Athletes Unlimited – which runs women’s professional basketball, volleyball, softball and lacrosse leagues in the US – has agreed a deal with Sportradar Integrity Services to provide services to detect and prevent manipulation of its competitions.

Athletes Unlimited chose Sportradar Integrity Services after “a competitive selection process”, allowing the data provider to use its Universal Fraud Detection System (UFDS) to monitor betting patterns and detect suspicious patterns.

In addition, Sportradar will provide education services, including webinars, about match-fixing to athletes within the leagues. It will also conduct an “integrity audit” of Athletes Unlimited’s leagues, which launched in March 2020, and will assist any investigations by Athletes Unlimited into integrity threats to its events.

“We are thrilled to partner with global industry leader Sportradar as we continue to expand our betting platform for our fans,” Nicole Pawlak, senior director of special projects for Athl..

Continue Reading