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The Biggest Sports Data Firm Is Now Public. What You Need to Know About Sportradar.

·3 min read
The Biggest Sports Data Firm Is Now Public. What You Need to Know About Sportradar.
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To settle those bets, online bookmakers like DraftKings (ticker: DKNG) need play-by-play game data, and that’s spawned sports-data suppliers like Genius Sports (GENI), which listed in April on the NYSE. Another way to bet on the growth in sports betting appeared Tuesday with the Nasdaq debut of data vendor Sportradar Group (SRAD). The Swiss company’s revenues were three times those of Genius Sports in the first half of 2021, and unlike Genius, Sportradar has consistently reported profits.