The Sportradar Group sportsbook has applied for an IPO

Company Sportradar Group, which offers goods and services for the sports betting sector, applied for attraction before 100 million dollars.

The Sportradar Group sportsbook has applied for an IPO

Sportradar officials say, that the company is the leading provider of solutions in the interstate sports betting market in the B2B sector in terms of revenue and provides the underlying software, data and content based on subscription, also a contract for participation in the income for betting operators, sports leagues and mass media. Sportradar serves more 900 sports betting operators and once a year covers more 750 000 events on 83 Sports, including online broadcasting 600 000 events on 37 Sports. In the US market, the company is a leading supplier for bookmakers, providing sports data to more than eighty-five percent of all bookmakers in the United States. Your 150 sports league partners Sportradar provides access to more than 900 sports betting operators and more than 350 media companies to disseminate their data and information around the world. Your 350 clients from the media sector, including both classic, and digital companies, Sportradar provides goods and services, that help reach and attract sports fans across all distribution channels.

Company headquartered in St. Gallen, Switzerland, was founded in 2001 year, and for 12 Months, ended 30 June 2021 of the year, her earnings were 576 million dollars. The company plans to list on the stock exchange Nasdaq under the ticker SRAD. Sportradar Group has filed a secret application 19 February 2021 of the year. The collective organizers of the issue of shares were J.P. Morgan, Morgan Stanley, Citi, UBS Investment Bank, BofA Securities, Deutsche Bank, Jefferies и Canaccord Genuity. Terms of the upcoming IPO were not disclosed.

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