Core Insights - Major League Baseball (MLB) and Sportradar Group AG have announced a long-term extension and expansion of their partnership, starting in the 2025 season, aimed at maximizing MLB's data and audiovisual content while promoting baseball globally [1][2] Company Overview - MLB is the oldest professional sports league in the U.S., consisting of 30 clubs, and has seen a +11% increase in attendance over the last two seasons, with 80% of clubs reporting higher fan attendance [6] - Sportradar, founded in 2001, is a leading global sports technology company that provides solutions for sports federations, media, and betting operators, covering nearly a million events annually across major sports [7] Partnership Details - Under the new agreement, Sportradar will exclusively distribute MLB's ultra-low latency official data and media content to its global network of 800 sportsbook clients and 900 media companies [2][3] - MLB has acquired an equity stake in Sportradar, further solidifying their partnership and supporting future growth opportunities [1][4] Integrity and Innovation - Sportradar will continue to provide integrity services, including its Universal Fraud Detection System (UFDS), to monitor global betting activity and support MLB with investigative and educational resources [3] - The partnership will also focus on creating AI-driven products using player tracking data to enhance fan experiences [3][5] Financial Aspects - Sportradar will pay annual license fees to MLB and issue up to 1,855,724 Class A ordinary shares during the term of the agreement [4] - The deal is expected to be immediately accretive to Sportradar's business, driving value for shareholders and expanding margins [5]

Core Insights - The Motley Fool aims to enhance the financial literacy and well-being of individuals by providing various financial services and educational resources [1] Company Overview - Founded in 1993, The Motley Fool is a financial services company focused on making the world smarter, happier, and richer [1] - The company reaches millions of people monthly through premium investing solutions, free guidance, market analysis, personal finance education, top-rated podcasts, and its non-profit foundation [1]

Core Viewpoint - Sportradar Group AG (SRAD) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Company Performance Indicators - Sportradar Group is expected to earn $0.15 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 25% [8]. - Over the past three months, the Zacks Consensus Estimate for Sportradar Group has risen by 97.3%, indicating positive sentiment among analysts [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating [9][10]. - The upgrade of Sportradar Group to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for higher stock movement in the near term [10].

Core Insights - Sportradar Group AG will host an Investor Day in New York City on April 1, 2025, where senior leadership will present the business strategy, growth drivers, and financial outlook [1] - The event will include a Q&A session with the company's senior leadership, starting at 9:00 am and concluding around 12:00 pm eastern time [1] Company Overview - Sportradar, founded in 2001, is a leading global sports technology company that creates immersive experiences for sports fans and bettors [3] - The company operates at the intersection of sports, media, and betting industries, providing solutions to sports federations, news media, consumer platforms, and sports betting operators [3] - Sportradar covers nearly a million events annually across all major sports and has partnerships with organizations like ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga [3] - The company also emphasizes safeguarding sports through its Integrity Services division, advocating for an integrity-driven environment [3]

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Global Sports Integrity Trends - Significant drop in suspicious matches detected globally in 2024, with 1,108 matches identified, a 17% decrease from 2023 [1] - Europe saw a 34% reduction in suspicious matches, with 439 matches identified compared to 668 in 2023 [1] - Africa recorded a 36% decline in suspicious matches, with 69 matches detected compared to 108 in 2023 [1] Soccer Integrity Improvements - Soccer, the world's most popular sport, saw an 18% reduction in suspicious matches, with 721 matches detected in 2024 compared to 881 in 2023 [2] - Brazilian soccer experienced a significant 48% decrease in suspicious matches, with 57 matches detected in 2024 compared to 110 in 2023 [2] Sportradar's Role in Integrity Monitoring - Sportradar monitored over 850,000 matches across 70 sports worldwide in 2024 using advanced data analytics and AI through its Universal Fraud Detection System (UFDS) [1][2] - The company provided integrity support for major global events such as the IOC 2024 Summer Olympics, UEFA EURO 2024, CONMEBOL Copa America 2024, and AFC Asian Cup 2023 [2] - Sportradar partnered with ATP and Tennis Data Innovations to launch an AI-driven safe sport solution to protect athletes from online abuse [2] Sportradar's Industry Position - Sportradar is a leading global sports technology company founded in 2001, providing solutions to sports federations, media, and betting operators [3] - The company covers close to a million events annually across major sports and partners with organizations like ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, CONMEBOL, and Bundesliga [3] - Sportradar's Integrity Services division plays a crucial role in safeguarding sports and advocating for an integrity-driven environment [3]

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ST. GALLEN, Switzerland, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Craig Felenstein, the Company’s Chief Financial Officer, will participate in the UBS Media & Communications Conference on Tuesday, December 10th, 2024. The fireside chat will take place at 1:30 pm eastern time. The webcast can be accessed at investor ...

ST. GALLEN, Switzerland, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced that Craig Felenstein, the Company’s Chief Financial Officer, will participate in the Morgan Stanley Consumer & Retail Conference on Wednesday, December 4th, 2024. The fireside chat will take place at 2:15 pm eastern time. The webcast can be accessed at i ...

NEW YORK and ST. GALLEN, Switzerland, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) today announced a multiyear agreement with Major League Baseball (MLB) to offer unparalleled sports performance analysis of amateur baseball prospects, through its Synergy Coaching and Scouting solution, to the league and its 30 Clubs. This new partnership will revolutionize player talent scouting through Sportradar’s advanced, proprietary technology and highlights Sportradar’s commitment to delivering innovati ...