Sportradar said it completed its acquisition of IMG ARENA after the UK Competition and Markets Authority approved the deal. No payment will be made by Sportradar; the seller will provide $122 million in cash repayments to certain sports rightsholders and about $103 million to Sportradar over two years.
The acquisition expands Sportradar’s sports data and streaming rights, while the seller’s payments support certain rightsholders.
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Sportradar reported second-quarter 2026 revenue of €378m, up 19% year on year, and cut its full-year outlook. The company forecast revenue of €1.52bn to €1.53bn and adjusted EBITDA of €360m to €368m, below its previous ranges of €1.56bn to €1.58bn and €390m to €400m, respectively.
Sportradar reported Q1 2026 revenue of €347m, up 11% year on year, and a €6m loss compared with a €24m profit a year earlier. The company attributed pressure on earnings to a €9m foreign-exchange loss; adjusted EBITDA rose 12% to €66m, and its full-year guidance remained unchanged.
Sportradar launched Playradar, a division developing cross-vertical gaming products for betting and gaming operators, a press report said. The division includes a 24/7 experience centre, hybrid sports and casino content, and a premium iGaming content unit; Sportradar said it builds on tests in Brazil in the previous year.
Sportradar reported 2025 revenue growth of 17% to just under $1.3bn and said prediction markets will be a major focus in 2026. Chief executive Carsten Koerl told investors the company sees demand for its services in the segment; the company also cited its November 2025 acquisition of IMG Arena.
Sportradar said at its 1 April investor day that it expects revenue of at least €1.7bn in 2027, with adjusted EBITDA of at least €455m. It also forecast approximately €275m in free cash flow and a 15% revenue compound annual growth rate over the next three years; analysts said the targets appeared achievable while noting execution and market risks.