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Sportradar reports 47% US revenue growth as prediction-market work expands

Deals & M&A

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.

Suppliers and investors can gauge prediction-market demand and the limited impact of state exclusions on Sportradar.

End-of-day close Sportradar (SRAD), USD, to 3 November 2026
Story date21 September 20263 November 2026

Latest reported results

Sportradar NASDAQ: SRAD

Quarter ended 30 June 2026

Revenue
EUR 377.8m
Operating income
EUR 26.9m

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Regulation

Ohio regulator warns licensees over prediction market services

The Ohio Casino Control Commission has told sports betting and fantasy contest licensees and applicants that providing services to prediction market operators may affect their suitability. Interim executive director Andromeda Morrison said licensees must confirm compliance with the notice by 30 October. The commission issued cease-and-desist letters to 10 prediction market companies after a Sixth Circuit ruling allowed Ohio to enforce its gaming laws against Kalshi.

The Ohio Casino Control Commission has sent a notice to sports betting and fantasy contest licensees and applicants in the state warning that providing services to prediction market operators may affect their suitability. Andromeda Morrison, the commission's interim executive director, told the seven-member Commission on Wednesday that licensees and applicants must confirm compliance with the notice by 30 October. The notice was first reported by The Event Horizon newsletter.

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