Flag drops on Sportradar IPO
Sportradar files for IPO The top line Sportradar filed paperwork on Tuesday with the SEC to start the process of listing on the Nasdaq stock exchange under the ticker symbol SRAD. The listing included a placeholder offering size of $100m. In its filing, the company said H121 revenues increased 42% YoY to €272.1m ($318.6m) with […]
Read MoreCaesars preps a sports reload
Caesars Entertainment The top line Net revenues at $1.7bn, 256% up YoY, 16% on same-store basis but net losses widened to $423m from $176m. Same-store adjusted EBITDA at $548m up 33.7%. Las Vegas same-store revenues were down 39.5% to $497m; regional gaming was flat on a same-store basis at $1.1bn. Managed, international and interactive was […]
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