Sportradar revenues, profits leap in third quarter – CDC Gaming

← Back to Newsroom

November 3, 2026 · 2:32pm ET | 11:32am PT

  • David McKee, Complete iGaming

Sports betting data service Sportradar released its numbers for the third quarter early on 3 November 3, and they showed double-digit increases in revenue, profit and cash flow.

Revenues for Sportradar jumped 24%, reaching €363 million (US$406 million). Profit increased 20% to €27 million (US$30 million) and cash flow leapt 21% to €102 million (US$114 million).

Sportradar credited the revenue increase to its IMG Arena acquisition one year earlier, saying in a release that earnings also were helped by “further uptake of the company’s products and services by existing and new customers, including prediction market participants.”

Revenue grew 47% in the United States and 17% overseas, US-derived revenues expanded to 27% of Sportradar’s total. The US enlargement was attributed to prediction-market activity.

.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *