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 […]
Tabcorp opts for wagering split
Tabcorp strategic review Keeping tabs: Tabcorp has announced a major restructuring which would see the lottery and keno business demerged from the wagering and gaming services arm, creating two new listed vehicles. The demerger comes after the company completed a strategic review aimed at unlocking shareholder value, looking at all options including a sale of […]