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
Global sports technology company Sportradar reported that its revenue for the second quarter of 2024 increased by nearly 30% year-over-year, reaching a record €278.4 million ($306.2 million), as most of its business divisions improved their performance.Sportradar CEO Carsten Koerl highlighted the co
The Switzerland-based sports data analytics company Sportradar announced a significant growth in its financial results for the second quarter of 2024. The company's revenue increased by 29%, reaching 411.6 million euros, and the adjusted EBITDA grew by 22%, reaching 106 million euros. This positive
Sportradar announced its financial results for the second quarter of 2024. Overall, the sports betting technology company earned 278.4 million euros (304.2 million US dollars) in the second quarter, up 29% year-over-year, with an adjusted EBITDA of 48.8 million euros, a 22% increase compared to the
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 product
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