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Endeavor Group Holdings, Inc.

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$29.25

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$29.25

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

Sportradar acquired IMG ARENA from Endeavor Group Holdings, expanding its global sports betting rights and strengthening its presence in top sports. The deal is expected to enhance Sportradar's adjusted EBITDA margins and accelerate revenue and cash flow growth. Sportradar expects further growth and margin expansion in 2025.

Related tickers: SRAD, EDR.

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N/A - Sportradar Announces Agreement to Acquire IMG ARENA and Its Strategic Portfolio of Global Sports Betting Rights

Sportradar, a leading global sports technology company, has announced the acquisition of IMG ARENA and its global sports betting rights portfolio. This acquisition is expected to enhance Sportradar's content and product offering, strengthen its strategic position, and drive incremental value for its clients, partners, and shareholders.

Related tickers: SRAD, EDR.

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