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Sportradar reports 47% US growth in Q3 as prediction markets gain ground
Sportradar grew 47% in the US in the third quarter, with analysts linking the rise to prediction-market deals, while Brazil's betting ban and the Atrium sale weigh on its outlook.
HighRisk Media Newsroom, , 1 min read · Читать по-русски
Sportradar posted 47% growth in the United States in the third quarter, according to iGamingiGamingiGaming is the online gambling industry: online casinos, sports betting, poker, lotteries and bingo, delivered through websites and mobile apps. Business. Analysts at Freedom Capital Markets say deals in the prediction marketsРынок прогнозовA prediction market is a trading platform where participants buy and sell contracts on the outcome of a future event. The contract price reflects the estimated probability of that outcome. segment are becoming one of the company's growth drivers.
Two factors are complicating the outlook: Brazil's ban on betting and the planned sale of Atrium Sports. The available material does not detail the scale of their impact, nor does it provide exact financial figures for the quarter.
Source limitations
The full article could not be retrieved, so this report relies only on the source's summary, which covers the analysts' conclusions and the general direction of the results.
Sources
Prepared by AI from the sources above and checked against them (how we work). Spotted a mistake? Write to @highrisk_team.
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