SportStat extends its deal with World Snooker Ltd. for a further five years
Sportradar, the world’s leading supplier of sports and betting-related data, are pleased to announce the extension of the data partnership between its subsidiary SportStat and World Snooker Ltd. for a further five years. Having embarked on a joint initiative in 2010, SportStat and World Snooker will now continue to work together and develop their data services over a number of platforms until 2018. Barry Hearn, Chairman of World Snooker, said of the deal: “World Snooker has recognised the importance of delivering its own official data across a variety of media. The Live Scoring site attracted 8.5 million visitors in 2012 and with over 10 million forecasted for 2013 here it is clear that the sport has become truly global. We are pleased, therefore, that in conjunction with SportStat’s merger with leading sports data expert Sportradar, we have agreed to extend the terms of our agreement for a further five year period. We are excited that their new partnership will enable even more exciting live betting and media products to enter the market.” Carsten Koerl, group chief executive officer, Sportradar, said: “We are very delighted that Sportradar have the extended opportunity to enable WSL to benefit from our industry expertise, complimenting the excellent work already initiated by SportStat. We look forward to a long and rewarding partnership as we are convinced that together we can shape future developments and play an active part in the creation of an even more exciting product portfolio for the World of Snooker.”
Sportradar chosen as a 2013 Red Herring Top 100 Europe
Red Herring announced its Top 100 award winners , recognizing Europe’s leading private companies and celebrating these startups’ innovations and technologies across their respective industries.
Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Sportradar demonstrates the vision, drive and innovation that define a Red Herring winner.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
240 companies from 26 European countries and 20 different industry sectors have been nominated for the finals in Amsterdam. Companies from technology sectors such as Mobile, Security, Gaming, Social Media or Big Data. Sportradar has been listed in the group "Entertainment & Media".Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums. The Top 100 Europe forum celebrates the top private companies in the European region. Red Herring’s editorial team analysed hundreds of technological, cutting edge companies and selected those who are positioned to grow at an explosive rate.
Press release from April, 5th 2013:
Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums. The Top 100 Europe forum celebrates the top private companies in the European region. Red Herring’s editorial team analysed hundreds of technological, cutting edge companies and selected those who are positioned to grow at an explosive rate.
Sportradar’s impressive growth story is based on its market-leading portfolio of sports data and software solutions, as well as the close co-operation with several sports federations in detecting and preventing fraudulent behaviours. This convinced Red Herring’s editorial team to nominate Sportradar as one of the Top 100 Europe companies. The nomination to the Top 100 Europe underlines Sportradar’s perfect understanding of the intersection between the two impressive megatrends of entertainment & sports, which have been steadily growing in the long-term, while complementing and reinforcing each other. From April 8 to April 10, 2013 in Amsterdam, Red Herring will bring together 250 C-level technology entrepreneurs, corporate strategists, and venture financiers from across the continent. This is a rare opportunity to meet the founders, investors and CEOs of these disruptive companies all under one roof.
“We are delighted to receive this nomination as it confirms that we are on the right path with our growth strategy and is an additional motivation to continue on this successful path together with our partners”, says Carsten Koerl, CEO of Sportradar, who will personally attend the 2013 Red Herring Top 100 Europe forum in Amsterdam. The forum will explore the market’s appreciation of innovation as a fast-track to success, and how firms from Europe are leading the charge in many technology sectors. It will discuss the drivers for successful entrepreneurship, and will demonstrate how innovation is creating business opportunities for challengers and incumbents alike.
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.”
For further press enquiries:
Managing Director Integrity & Strategy
Tel: +49 89 2000845 45
New Sportradar Board completed
Sportradar, the world´s leading supplier of sports and betting-related data has finalised the casting of its top-class Board of Directors.
Risto Nieminen joined the Board as the sixth member on 1st January 2013. Risto Nieminen, the former President of the World Lottery Association and former CEO of Veikkaus, the Finnish National Lottery and Betting Agency, will contribute world-class knowledge and a network of the Lottery market to the Board. Risto Nieminen is one of the leading experts of Sport Integrity and an original member of IOC's Founding Working Group on the fight against irregular and illegal betting in sport.
“Risto Nieminen provides an entrepreneurial mindset and a high level of market knowledge to our company," stated Carsten Koerl, CEO of Sportradar.
The Board’s new composition is in line with the dynamic growth strategy of the Sportradar group. The new Board consists now of independent, highly respected top experts in their particular subject areas.
“Sportradar is constantly looking for new ways in technology; I look forward to helping Sportradar extend its leadership role in the sports betting and media industry” mentioned Risto Nieminen.
Werner Klatten serves as President of the Sportradar Board. Furthermore he is Chairman of the supervisory Board of Deutsche Sporthilfe and also holds various non-executive positions within international television and media companies.
Carsten Koerl is the founder and CEO of Sportradar AG and for more than 15 years has been involved in managing positions related to the software development and gambling industry. Before developing the services of Sportradar, he was founder of betandwin, now known as bwin.
Bijan Khezri is an international corporate financier and business leader. Formerly Chairman of the Board of Stan James plc, CEO of FTSE-100 technology conglomerate Baltimore Technologies plc and co-founder of a number of innovation-driven businesses.
With Carsten Schaudienst, the Board includes an entrepreneur with a long-term track record in the retail sports betting business.
David Lampitt is a qualified chartered accountant who has worked in senior roles at The FA, including Head of Integrity. He sat on UEFA's Club Licensing Committee and has been CEO of Portsmouth Football Club. He is currently CEO of Supporters Direct, a not-for-profit sports organization as well as running his own successful consultancy business.
For further press enquiries:
Managing Director Strategy and Integrity
P: +49 89200084545
Sportradar offers sports federations full support to stamp out match-fixing in sports
Sportradar Security Services welcome the investigation carried out by Europol and the Bochum investigators in relation to match-fixing in football. “It is not a surprise to us the magnitude of the figures disclosed during Europol’s press conference in The Hague this Monday” said Andreas Krannich, Managing Director of Integrity and Strategy at Sportradar.
Since 2004, Sportradar Security Services have been working tirelessly with sports federations in their battle against sports betting related manipulation.
In association with UEFA, the unique Betting Fraud Detection System (BFDS) was developed. The BFDS monitors all aspects of the global betting market, with coverage of over 300 bookmakers worldwide and in excess of 53,000 matches per year. The BFDS is the only sophisticated system with the capacity and ability to successfully monitor this vast volume of matches and identify those that display irregular betting patterns.
Over 100 million data sets are processed every day to assure that all betting movements worldwide are recorded and no important item of information is overlooked. A comprehensive database stores this match information which forms a vital tool to assist in the lengthy investigations that follow.
Sportradar Security Services are committed to this mission together with sports federations to combat match-fixing and are ready and willing to cooperate even closer with law enforcement agencies such as Europol to furnish them with all possible information to tackle this increasing threat to sport.
About Sportradar Security Services
Sportradar Security Services works with major sports federations including the German Football Association (DFB), German Football League (DFL), Fédération Française de Tennis (FFT) to identify matches that are suspected of being manipulated. The BFDS monitors odds at over 300 bookmakers around the world, with 25 highly-qualified trading analysts overseeing in excess of 53,000 matches per year, to investigate suspicious betting patterns around the clock.
For further press enquiries:
Managing Director Integrity & Strategy
Tel: +49 89 2000845 45