Data deals point to NCAA betting shift
Two deals by the major sports data providers point to NCAA being the next major field of data competition, suggest sources. Recent deals involving Sportradar and Genius Sports have a significance for the market for College sports data, and particularly College football. First we have Sportradar’s deal with Bowl Season, which coordinates the various College […]
Read MoreThe pitfalls of going it alone on tech
The news last week that Fanatics had passed on buying its way into the sports-betting market via an acquisition of PointsBet and was now focused on building its own operation fits a pattern when it comes to how operators often view the issue of ‘owning the tech’. We start with the unlikely-in-this-context historical figure of […]
Read MoreSportradar nets NBA 10-year deal
Sportradar Q3 The top line Revenue up 30% YoY to $158.7m (€136.8m) and adj. EBITDA up 21% to $24.2m (€20.9m). During the period, Sportradar completed its Nasdaq listing raising $546m. FY21 revenues expected at between $641-644m, adj. EBITDA at $115.4-117.7m. US revenues up 119% to €19.6m, RoW betting up 24% to €78.6m and RoW AV […]
Read MoreFlutter: competitive US situation easing off
Flutter Q3 trading statement The top line Revenue up 9% YoY (12% up in constant currency); sports revenue up 13% and gaming up 1%. US revenue up 85% YoY, Australia up 20% but UK & Ireland down 5% and international down 3% (but up 6% ex-Germany). The company blamed sporting results and a £10m hit […]
Read MoreRank trading Update
Rank trading update The top line Group GGR was up 69% YoY to £163.1m with Grosvenor venues up 209% YoY to £79.2m, Mecca venues up 41% to £34m and the Spanish Enracha business up 20% to £6.5m. UK digital returned to growth, up 4% to £38.2m while international digital was up 11% to £5.2m. FY22 […]
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