Reported 11 days ago
Sportradar, a leading provider of sports data and betting services, has secured $225 million to acquire IMG Arena, a sports betting data platform. This strategic move is expected to enhance Sportradar's profitability, boost its revenue growth to the upper 20% range, and strengthen its position in a competitive sports betting market. As the company connects with over 800 betting operators and 400 sports leagues, the acquisition is seen as a significant opportunity for growth, reinforcing Sportradar's status as a compelling investment.
Source: YAHOO