Sportradar Group AG

22.80

+2.7213.55%

Post-market: 22.870.0700+0.31%17:38 EDT

Volume:4.10M

Turnover:89.63M

Market Cap:6.80B

PE:112.23

High:22.91

Open:20.50

Low:19.50

Close:20.08

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Sportradar Strengthens Sports Tech Portfolio With Strategic IMG ARENA Acquisition, Boosts 2025 Outlook

Benzinga

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Moreover, The Ritz-Carlton Suite offers an open terrace with views of the lush Gusu District’s cityscape and Suzhou's iconic gardens.Other amenities include the iconic Ritz-Carlton Club; four restaurants and bars including Alkanna, Alkanna Bar, Feng Pan Ting and Biao Xia, offering the region's vibrant food culture; a 24-hour fitness center and a 143 square meter swimming pool along with four well-appointed event spaces including a spacious grand ballroom.Designed by the KPF Architects, The Ritz-Carlton, Suzhou is surrounded by various tourist a","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/marriott-boosts-luxury-brand-reach-161000192.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4142","BK4216","RICK","BK4209","BK4585","MAR","BK4150","BK4588","LTH","SRAD","IE00B95QR487.USD","IE00B0T0GQ85.USD","IE00BD0PCF45.HKD","LU1718418525.SGD","IE00B45NX917.SGD","IE00B1G9WX41.USD"],"gpt_icon":0},{"id":"2520156719","title":"Sportradar to Acquire IMG ARENA Sports Betting Rights; FY Rev Up 26%","url":"https://stock-news.laohu8.com/highlight/detail?id=2520156719","media":"Exec Edge","labels":["corporation","dataReport","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520156719?lang=en_us&edition=fundamental","pubTime":"2025-03-19 23:36","pubTimestamp":1742398617,"startTime":"0","endTime":"0","summary":"Sportradar Group AG  said it will acquire IMG ARENA’s global portfolio of sports betting rights by the fourth quarter, adding depth to its coverage of tennis, basketball and soccer.The company said the acquisition will accelerate revenue, adjusted EBITDA and free cash flow growth and be immediately accretive to adjusted EBITDA margins.Sportradar also said full year revenue grew 26% to 1.1bn compared to the year prior and adjusted EBITDA increased 33% to 222 million, both above analysts’ expectations, the company said in a statement.“Given our proven track record of maximizing ROI through our global betting rights deals and our strengthened position across tennis, basketball and soccer, we are confident in our ability to realize the full economic potential of this portfolio,” said Carsten Koerl, Founder and CEO.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/sportradar-acquire-img-arena-sports-153657497.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,dataReport,merge","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4212","IMG","SRAD","BK4150"],"gpt_icon":0},{"id":"2520139086","title":"Sportradar Strengthens Sports Tech Portfolio With Strategic IMG ARENA Acquisition, Boosts 2025 Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2520139086","media":"Benzinga","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520139086?lang=en_us&edition=fundamental","pubTime":"2025-03-19 22:06","pubTimestamp":1742393173,"startTime":"0","endTime":"0","summary":"Sportradar Group AG (NASDAQ: SRAD) announced deal to acquire IMG ARENA from Endeavor Group Holdings (NYSE: EDR), enhancing global sports betting rights and presence in top sports. 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