Sports Betting
WWE swells revenues but Endeavor results hit by legal costs, write-offs
Endeavor, the sports and entertainment conglomerate, is continuing to explore "strategic alternatives” for its publicly listed stock, and as a result will provide no 2024 financial guidance it revealed today (Wednesday).
Sportradar nets early extension to Bundesliga global betting rights deal
The German Football League (DFL) has agreed to an early extension of its global betting data and streaming rights distribution deal with Sportradar following talks with the industry's various aggregators
Betting rights aggregator ALT Sports Data closes $2.5m funding round
California-based sports data and analytics company ALT Sports Data has announced the closing of a $2.5m series seed funding round, co-led by Eberg Capital and Relay Ventures, with participation from others including Trinity West Ventures NuFund Venture Group.
IMG Arena head Longe exits as division merged with OpenBet
IMG Arena president Freddie Longe is leaving his position as owner Endeavor opts to combine the sports data and betting rights division with OpenBet and bring it under sole leadership
Former Amazon, ESPN exec Donoghue joins DraftKings
Daily fantasy and sports betting company DraftKings has appointed Marie Donoghue as its new chief business and growth officer after she left her role as vice-president of Amazon’s US sports content and partnerships.
Strategy chief Harmuth exits as Sportradar ‘streamlines’ structure
Sportradar's chief strategy officer Ulrich Harmuth has become a high-profile exit from the sports data and betting services company, which cut 10-per-cent of its global workforce late last year
Spring Media lands FIH betting video rights package
Spring Media has made one of its biggest moves to date in the betting video rights space in a deal with the International Hockey Federation (FIH)
IMG Arena enters cricket with West Indies betting rights
IMG Arena, the data and betting division of the Endeavor-owned IMG agency, has claimed its first move into cricket, landing the exclusive global data and streaming rights for Cricket West Indies (CWI).
Basketball leagues, federations introduce AI tech under long-term Fiba-Genius deal
Fiba has announced a major expansion to its long-term agreement with Genius Sports, with the deal to provide leagues and national federations with access to an AI-powered automated player tracking system for the first time.
Stats Perform holds on to WTA Tour betting rights contract
Stats Perform has retained one of its heavyweight betting data and video rights contracts in an exclusive long-term renewal with tennis’ WTA Tour unveiled today (Friday).
Serie A nets uplift from first international deals, betting rights award close
Lega Serie A is close to finalising its first international broadcast deals of the new cycle after rights were awarded in eight countries from the 2024-25 season onwards
Betting business drives Genius’ Q3 revenue jump but net loss hits $11.6m
A 34-per-cent jump in revenue in its core betting business helped Genius Sports report increased third-quarter revenue of $101.7m (€95.2m) but foreign currency headwinds contributed to an $11.6
Endeavor posts Q3 revenue rise, talks up betting operations for 2024
Sports and entertainment conglomerate Endeavor has positioned OpenBet and its wider betting operations as key revenue drivers for the group in 2024, but insists IMG Arena will remain "number three" in…
Workforce cut by 10 per cent as Sportradar enacts cost-cutting measures
Sports data and betting services company Sportradar is cutting its global workforce by 10 per cent amid a downturn in third-quarter profits
Sportradar, Genius hit by US lawsuits over streaming patents
Panda Interactive, a Las Vegas-based sports technology company, has filed two separate complaints against Sportradar and Genius Sports for what it claims is infringement on its foundational interactive streaming technology patents.
Genius Sports, PLP roll out Premier League Data Zone worldwide
Data, technology and broadcast services group Genius Sports has signed a new deal with Premier League Productions (PLP) for the global rollout of its data zone feature, which is designed to enhance match broadcasts with live performance analytics and data-driven graphics.
Genius unites in-play betting, data visualisations in NFL video streams
Genius Sports is to leverage its landmark betting video and data rights contract with the National Football League by launching streams that allow customers to place bets within a live video player and…
IMG retains APL international media, betting rights
IMG has retained exclusive international broadcast, betting data and video rights to the men’s and women’s A-League competitions in Australasia.