Sportradar Awarded Supplier Registration for Online/Mobile Wagering in Ontario

Rhea-AI Summary

Sportradar Group AG (NASDAQ: SRAD) announced that its subsidiary has received a gaming supplier registration for online/mobile wagering from the Alcohol and Gaming Commission of Ontario. This follows Ontario's launch of legalized sports betting and iGaming on April 4, 2022. Sportradar now holds 36 licenses in North America, ensuring its data services are delivered to various gaming agencies. The company continues to expand its integration within the sports, media, and betting industries, partnering with major North American sports leagues.

Positive

• Sportradar has achieved a gaming supplier registration in Ontario, expanding its North American presence.
• The company now holds 36 licenses across North America, enhancing its service delivery capabilities.
• Sportradar's partnerships with North American sports leagues bolster its market position.

Negative

• None.

NEW YORK, April 05, 2022 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD), the leading global sports technology company creating immersive experiences for sports fans and bettors, today announced that its subsidiary Sportradar AG has received a gaming-related supplier registration for online/mobile wagering from the Alcohol and Gaming Commission of Ontario. The Canadian province of Ontario launched legalized sports betting and iGaming on April 4, 2022.

Sportradar now holds 36 licenses in North America across states, territories, tribes, and Canada, providing its data and services to a wide range of clients operating within these jurisdictions, ensuring transparency, integrity and the most accurate sports data is being delivered to sanctioned sports betting and gaming agencies. Sportradar also has partnerships with several North American sports leagues, who feature nine professional franchises in the Canadian market.

To learn more about Sportradar, please visit: https://sportradar.us/

About Sportradar

Sportradar is the leading global sports technology company creating immersive experiences for sports fans and bettors. Established in 2001, the company is well-positioned at the intersection of the sports, media and betting industries, providing sports federations, news media, consumer platforms and sports betting operators with a range of solutions to help grow their business. Sportradar employs more than 2,900 full time employees across 20 countries around the world. It is our commitment to excellent service, quality and reliability that makes us the trusted partner of more than 1,700 customers in over 120 countries and an official partner of the NBA, NHL, MLB, NASCAR, UEFA, FIFA, ICC and ITF. We cover more than 890,000 events annually across 92 sports. With deep industry relationships, Sportradar is not just redefining the sports fan experience; it also safeguards the sports themselves through its Integrity Services division and advocacy for an integrity-driven environment for all involved.

www.sportradar.com

Source: Sportradar Group AG

For more information:
Sportradar Press Contact:
Sandra Lee
comms@sportradar.com

Sportradar Investor Relations Contact: 
Rima Hyder
investor.relations@sportradar.com 

FAQ

What recent achievement did Sportradar Group AG (NASDAQ: SRAD) announce in April 2022?

Sportradar announced that its subsidiary received a gaming supplier registration for online/mobile wagering in Ontario.

How many licenses does Sportradar hold in North America as of April 2022?

Sportradar holds 36 licenses across various states, territories, tribes, and Canada.

When did Ontario launch legalized sports betting and iGaming?

Ontario launched legalized sports betting and iGaming on April 4, 2022.

How does Sportradar ensure accuracy in its sports data delivery?

Sportradar provides data and services to gaming agencies to ensure transparency and integrity in sports betting.