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An update from Sportradar Group AG ( (SRAD) ) is now available.
On February 7, 2025, Sportradar Group AG announced an expanded partnership with Major League Baseball (MLB) starting from the 2025 season. The eight-year exclusive license agreement positions Sportradar as the exclusive global distributor of MLB’s betting and media data and live game video for international betting markets. The deal includes the creation of AI-driven fan experiences and integrity services for MLB, reinforcing Sportradar’s industry positioning and driving shareholder value. MLB will gain an equity stake in Sportradar, highlighting the strategic importance of this partnership.
More about Sportradar Group AG
Sportradar Group AG, founded in 2001 and listed on NASDAQ as SRAD, is a leading global sports technology company that creates immersive experiences for sports fans and bettors. Positioned at the intersection of sports, media, and betting industries, it provides a range of solutions to sports federations, news media, consumer platforms, and sports betting operators. The company is recognized for its integrity services and partnerships with major organizations like ATP, NBA, NHL, MLB, and others, covering close to a million events annually across major sports.
YTD Price Performance: 22.82%
Average Trading Volume: 834,395
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.39B
See more insights into SRAD stock on TipRanks’ Stock Analysis page.
