Sportradar becomes majority shareholder of SportStat
Sportradar, the world’s leading supplier of sports and betting-related data, has invested in Sports Statistics & Information Systems Ltd. (SportStat), a UK based sports data provider, specialising in UK sports such as Darts, Snooker, Rugby Union & Rugby League.
With this investment, Sportradar have become majority shareholder in SportStat. SportStat delivers fast, accurate and reliable sports data to the betting and media industry. Specialising in Rugby Union & Rugby League, Darts and Snooker, SportStat are the official data collection partners to the International Rugby Board, Rugby World Cup, World Snooker, the Professional Darts Corporation, and many leading rugby union and league clubs.
This acquisition represents a key milestone in the execution of Sportradar’s strategy of becoming the unique “one-stop-shop” provider, offering the most comprehensive and reliable sports data services for pre-match and in-running betting as well as media services. The strategic investment and expansion of the portfolio within UK sports strengthens Sportradar’s commitment to continue to invest in its solutions offered to bookmakers and media companies. In particular, this investment will support the continued expansion of the sports coverage and will allow Sportradar to cover even more games in real-time in the near future.
Carsten Koerl, group chief executive officer, Sportradar, said: “We are very delighted to welcome SportStat to the Sportradar family. Having worked in partnership with the governing bodies of rugby union, darts and snooker for many years, SportStat are able to supply top class fast data live from the venue. Therefore, SportStat’s product portfolio is the perfect complement to our own Live Betting and media Services. We are convinced that together we can shape future developments and play an active part in the creation of an even more exciting live betting and media offering for our clients.”
“Sportradar has a very strong position in the betting market and their experience is highly complementary to our own capabilities. We believe in their vision of where the market is going and their value proposition is compelling. Together we aim to be recognised as the leading sports data provider, embracing technological advances to create the most comprehensive sports data solutions for our global audience”, said Hugh Copping, Managing Director, SportStat. “We look forward to working together with Sportradar on future developments.”
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