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Sportradar invests in SportStat

Swiss sports and betting-related data services provider has become ‘majority shareholder’ in British counterpart.

Friday 29th March 2013

Swiss sports and betting-related data services provider Sportradar AG has announced that it has become a ‘majority shareholder’ in Sports Statistics and Information Systems Limited (SportStat). SportStat is a data provider specialising in British sports including darts, snooker and rugby delivering ‘fast, accurate and reliable sports data to the betting and media industry’. Based in the Welsh town of Usk, SportStat serves as the official data collection partner for the International Rugby Board, Rugby World Cup, World Snooker and the Professional Darts Corporation in addition to many rugby union and league clubs throughout the United Kingdom. “We are very delighted to welcome SportStat to the Sportradar family,” said Carsten Koerl, Chief Executive Officer for Sportradar. “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 stated that the investment represents ‘a key milestone in the execution’ of its strategy in becoming a ‘unique one-stop-shop provider’ for comprehensive and reliable sports data services for use in pre-match and in-running betting as well as media services. “Sportradar has a very strong position in the betting market and its experience is highly complementary to our own capabilities,” said Hugh Copping, Managing Director for SportStat. “We believe in its vision of where the market is going and its 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. We look forward to working together with Sportradar on future developments.”

Source: OnlineCasinoNews

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