Sportradar has secured the first speaking slot at the upcoming 2025 Gaming Regulation Conference in Sydney, themed “Achieving Effective Regulation through Innovative Technology Solutions”.
The Gaming Regulation Conference has opened applications for its Pitch! segment, aimed at showcasing new products, methods, and research that strengthen regulatory practices in the gambling industry.
Pitch! is a feature of the conference providing a platform for presentations on topics such as RegTech, product compliance, risk management, regulatory policies and practices, industry monitoring, standards, blockchain and digital assets, cybercrime, safer gambling, financial crime, money laundering, compliance, ESG, investigative practices, auditing and verification, and artificial intelligence.
Selected participants will have 10 minutes for their presentation, including a Q&A session.
The event will also focus on promoting ethical leadership, safer gambling, and measures to prevent financial crime and money laundering. The organizer, Norths Collective, aims to blend networking, hospitality, and entertainment with the presentations.
Sportradar reported a 28% increase in revenue for the first quarter of 2024, reaching 265.9 million euros ($288.5 million). Despite this growth, the company faced a loss of 600,000 euros, attributed to foreign exchange losses, increased financing costs, and higher depreciation and amortization expenses.
Gambling technology and solutions accounted for 218.8 million euros of the revenue, while sports content, technology, and services constituted the remaining 47.1 million euros.
In the first quarter of 2024, Sportradar expanded its partnerships with the Asian Football Confederation, Kwiff, and Bundesliga International. The company launched a new product, FanID, and appointed new executives including Chief Technology Officer and Chief Information Officer Behshad Behzadi, and Chief Financial Officer Craig Felenstein.
Additionally, following the legalization of sports betting in North Carolina, Sportradar also obtained a supplier license in the state.