LAS VEGAS, April 17, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release a business update for the period January 1 – March 31 2025 ("1Q") on Monday April 28 2025 at 7:00am ET / 4:00am PT (12:00pm UK).BetMGM management will host a conference call including Q&A at 9:00am ET / 6:00am PT (2:00pm UK). Details to join the audio w ...

Core Insights - The global sports betting market is expected to grow at a double-digit rate annually through 2030 and beyond, leading to increased advertising spending by sportsbooks [1][2] - Sportradar is positioned as a less risky investment in the sports betting industry by providing critical data and betting services to sportsbooks and media partners [4][6] Industry Overview - The sports betting industry is highly competitive with thin profit margins, making it challenging for sportsbooks to achieve profitability [2] - Sportradar connects with over 800 betting operators, 900 media companies, and 400 sports leagues, making it a leading platform in sports data and content solutions [6] Company Developments - Sportradar recently received $225 million to acquire a sports betting company, enhancing its growth potential [4][12] - The acquisition of IMG Arena from Endeavor, which involved receiving $125 million in cash and $100 million in pre-payments, is expected to significantly boost Sportradar's content library and revenue growth [8][10] Financial Performance - Management anticipates that the IMG Arena deal will be accretive to adjusted EBITDA margins and will increase revenue growth guidance from 15% to the upper 20% range for 2025 [11] - Sportradar's top 200 clients have a net revenue retention rate of 127%, indicating strong customer loyalty and value in its services [14] Investment Potential - The rising cash return on invested capital (ROIC) suggests that Sportradar can effectively monetize new sports rights, which is a positive indicator for future growth [15] - Despite a high price-to-free-cash-flow (P/FCF) ratio of 52, Sportradar's leadership position, growth potential, and improving margins may justify this valuation [16]

Super Group (SGHC) Q4 2024 Earnings Call February 25, 2025 08:30 AM ET Company Participants Brett Milotte - Managing Director - Global Media, Sports & EntertainmentNeal Menashe - Chief Executive OfficerAlinda Van Wyk - CFO & DirectorJed Kelly - Managing Director - Equity ResearchRichard Hasson - President, COO & Director Conference Call Participants Mike Hickey - Equity Research AnalystJason Tilchen - Director & Senior Equity research AnalystBernie Mcternan - Senior Research Analyst Operator Good day, and w ...