Sportradar lowered its 2026 revenue forecast to €1.52bn–€1.53bn from €1.56bn–€1.58bn and its adjusted EBITDA outlook to €360m–€368m from €390m–€400m. Second-quarter revenue rose 19% year on year to €377.8m, while the company reported a €3.5m net loss, compared with a €49.1m profit a year earlier.
Lower forecasts and a quarterly net loss signal weaker expected performance for investors and customers.
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Sportradar reported that US revenue rose 47% year on year to €98m in Q3 2026, which the company attributed partly to growing demand from prediction-market businesses. Chief executive Carsten Koerl said the impact of states excluding markets was not material to the company, citing contract terms that restrict content use where those products cannot be offered.
U.S. revenue rose 47% to €98m ($109.7m) in Q3 2026, against Q3 2025. Growing work in the prediction markets industry fueled the 47% year-over-year increase in Sportradar’s U.S. revenue in Q3. CEO Carsten Koerl said he does not worry about more states excluding sports event contracts.
Prediction-market platforms were trading contracts on control of the US House and Senate during the 3 November midterm elections, according to the report. It cited Kalshi and Polymarket prices at 10:32 a.m. ET and said no results had been reported by then. The report also described third-quarter figures from Robinhood, including $173 million in event-contract revenue and 16.4 billion contracts traded.
Sportradar and Borussia Dortmund extended their integrity collaboration, the companies announced. Sportradar will continue conducting background checks on potential sponsors and commercial partners, covering ownership, licences, key personnel, compliance and legal proceedings.
Sportradar and Borussia Dortmund have extended their integrity collaboration agreement, the companies announced. The agreement continues an existing relationship focused on due diligence processes for commercial partners.
The NBA announced agreements with Kalshi and Polymarket to establish safeguards for NBA-related prediction markets in the United States. The league also signed a memorandum of understanding with the CFTC and expanded its DraftKings agreement to cover prediction markets and nationwide promotion; the arrangements exclude the WNBA.
The National Basketball League and Sportradar have partnered on a workshop for athletes aimed at combating match-fixing in Brazilian basketball, according to the report.