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.
The lower outlook changes the company’s expected 2026 revenue and adjusted EBITDA for investors and commercial partners.
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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.
Reportedly, Sportradar has expanded its US prediction market agreement with Polymarket to cover more than 20 sports leagues and competitions. The agreement provides sports data, live streaming and integrity services across competitions accounting for approximately 300,000 matches annually.
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.