Sportrader Group AG (SRAD)

Sportradar Group AG Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - SRADJune 5, 2026 3:19 AM
PR Newswire (US) LOS ANGELES, June 5, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Sportradar Group AG ("Sportradar" or "the Company") (NASDAQ: SRAD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of SRAD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.CLASS PERIOD: November 7, 2024 to April 21, 2026DEADLINE: July 17, 2026CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Sportradar's Know-Your-Customer processes and compliance policies fell short of its claimed standards. The Company was accused of partnering with illegal gambling organizations to increase revenues. Based on these facts, Sportradar's public statements were false and materially misleading throughout the class period.If you are a shareholder who suffered a loss, contact us to participate.WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.Join the case to recover your losses.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.CONTACT:David J. SchwartzDJS Law Group274 White Plains Road, Suite 1 Eastchester, NY 10709Phone: 914-206-9742Email: David@djslawllp.com View original content:https://www.prnewswire.com/news-releases/sportradar-group-ag-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--srad-302792245.htmlSOURCE DJS Law Group LLP Original: Sportradar Group AG Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - SRAD

Lost Money on Sportradar Group AG (SRAD)? Join Class Action Suit Seeking Recovery - Contact SueWallStJune 4, 2026 5:40 PM
PR Newswire (US) Alert: Claims Focus on Alleged Active Partnership With Illegal Gambling Operators Across Prohibited Markets, Costing SRAD Investors $3.80 Per ShareNEW YORK, June 4, 2026 /PRNewswire/ -- SueWallSt reminds purchasers of Sportradar Group AG (NASDAQ: SRAD) securities of a pending securities class action. THE CASE: A class action seeks to recover damages for investors who purchased Sportradar securities between November 7, 2024, and April 21, 2026.YOUR OPTIONS: You may be entitled to compensation without payment of any out-of-pocket fees. See if you can recover losses or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888) SueWallSt.Sportradar shares fell $3.80 per share, approximately 22.6%, closing at $13.04 on April 22, 2026. Investors have until July 17, 2026, to seek lead plaintiff status.How a Sports Data Company Allegedly Monetized Illegal MarketsA sports data provider cannot claim compliance leadership while allegedly treating illegal gambling partnerships as a core revenue channel. Sportradar built its reputation supplying real-time odds and data to operators like DraftKings, FanDuel, and Bet365. Behind that legitimate client roster, the filing states, the Company allegedly maintained deep commercial ties to black-market operators across Asia, Russia, and Turkey, treating prohibited jurisdictions not as compliance risks but as growth opportunities.Investigative reports from Muddy Waters Research and Callisto Research revealed that Sportradar sales executives allegedly walked undercover investigators through product offerings tailored for illegal markets including Vietnam, Thailand, Indonesia, and China, and offered introductions to known illegal operators.Alleged Black-Market Operator Network by the NumbersThe complaint recounts specific operational relationships that contradict Sportradar's public compliance assurances:Over 270 individual platforms, more than a third of the 800 Sportradar claims to serve, were allegedly using Sportradar products while operating illegally in regulated or prohibited marketsSportradar sales staff allegedly identified the Yabo Group, notorious for ties to human trafficking and forced labor in Cambodian service centers, as a client they could introduce to prospective operators1xBet, described by former employees as likely the world's largest illegal gambling operator by revenue, was allegedly among the Company's top ten clientsStake.com, a crypto sportsbook that lost its UK gaming license for facilitating illegal Asian-focused operators, was allegedly a Sportradar customerFonBet, a Russian gambling operator with alleged ties to Vladimir Putin's Federal Guard Service and sanctioned individuals, was identified as another partnerSportradar's system architecture allegedly revealed direct technical connections to over 40 clients operating illegally across China, India, Japan, South Korea, Vietnam, and ThailandThe Alleged Revenue Strategy Behind the Compliance FacadeAs detailed in the action, Muddy Waters concluded that Sportradar "actively aided and abetted illegal gambling across the world's black and grey markets, not as an accident or an oversight, but as a business strategy." The Company's Managed Trading Services and turnkey betting platform allegedly made it simple for illegal operators to access Sportradar's full product suite. Callisto further contended that Sportradar directly participated in illegal gambling revenues and that three regulators in North America and Europe had already commenced reviews of the Company's practices."The complaint raises serious questions about whether investors received accurate information about the fundamental nature of Sportradar's client relationships and revenue sources." -- Joseph E. Levi, Esq.Calculate your potential recovery or call (888) SueWallSt.SueWallSt -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.Frequently Asked Questions About the SRAD LawsuitQ: Who is eligible to join the SRAD investor lawsuit? A: Investors who purchased SRAD stock or securities between November 7, 2024, and April 21, 2026, and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.Q: How much did SRAD stock drop? A: Shares fell approximately 22.6%, a decline of $3.80 per share, after investigative reports revealed Sportradar's alleged ties to illegal black-market gambling operators. Investors who purchased shares during the class period at artificially inflated prices may be entitled to compensation.Q: What specific misstatements does the SRAD lawsuit allege? A: The complaint alleges Sportradar made materially false or misleading statements regarding its compliance processes, KYC procedures, and the nature of its client relationships, while allegedly concealing intentional partnerships with illegal gambling operators across prohibited markets.Q: What do SRAD investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt for a free, no-obligation evaluation at jlevi@SueWallSt.com or (888) SueWallSt. No immediate action is required to remain eligible as a class member.Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.CONTACT:
SueWallSt
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi @Icons1 View original content to download multimedia:https://www.prnewswire.com/news-releases/lost-money-on-sportradar-group-ag-srad-join-class-action-suit-seeking-recovery---contact-suewallst-302792074.htmlSOURCE SueWallSt.com Original: Lost Money on Sportradar Group AG (SRAD)? Join Class Action Suit Seeking Recovery - Contact SueWallSt

SRAD Court Notice: BFA Law Reminds Sportradar Investors that Suffered Losses of the Imminent July 17 Legal Deadline in Securities Fraud Class ActionJune 4, 2026 6:17 AM
Business WireSportradar Group AG faces securities fraud allegations that it aided and abetted illegal gambling and derived a substantial portion of its revenue from such activities, leading to a stock drop of 22%; investors urged to act by July 17, 2026.Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Sportradar Group AG (NASDAQ:SRAD) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.If you invested in Sportradar, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/sportradar-class-action.Key Details of the Sportradar ($SRAD) Class Action:Lead Plaintiff Deadline: July 17, 2026Alleged Misconduct: Securities fraud regarding allegations that Sportradar aided and abetted illegal gambling and derived a substantial portion of its revenue from such activitiesStock Decline: April 22, 2026 – 22.6% Stock DropCourt: U.S. District Court for the Southern District of New YorkAction: Contact BFA Law to discuss your rightsInvestors have until July 17, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Sportradar Class A ordinary shares. The case is pending in the U.S. District Court for the Southern District of New York. It is captioned Smale v. Sportradar Group AG, No. 26-cv-4112.Why is Sportradar Being Sued for Securities Fraud?Sportradar is a global sports data and technology company that collects, analyzes, and distributes real-time sports data and insights to betting operators, leagues, media companies, and teams. Sportradar has partnerships with top leagues such as the NBA, MLB, NHL, and PGA Tour.During the relevant period, as alleged, Sportradar stated that it was “crucial” for it to “conduct [its] business in a manner that upholds [its] high standards of ethics and integrity.” Sportradar also stated that it had a “four-level process” to confirm that it “only work[s] with licensed operators.”As alleged, in truth, Sportradar actively aided and abetted illegal gambling across the world’s black and grey markets, and it derived a substantial portion of its revenue from such activities.Why did Sportradar’s Stock Drop?On April 22, 2026, Muddy Waters, an investigative research firm, published a report titled “Sportradar AG: Putting the BET into Aiding and Abetting. The Leader of Sports Integrity Powers the World’s Illegal Online Sports Books.” The report revealed, among other things, that Sportradar’s business model “depends on illegal operators to survive.” Muddy Waters stated that Sportradar “has actively aided and abetted illegal gambling across the world’s black and grey markets — not as an accident or an oversight, but as a business strategy.” The report estimated that illegal operators contributed to about 20–40% of the company’s total revenues. What’s more, based on its proprietary research methods and extensive interviews with former employees, Muddy Waters identified nearly 50 Sportradar clients and collaborators who were operating in illegal markets.The same day, Callisto Research, an investigative research firm, published a report titled “Sportradar Group AG: the ‘integrity’ giant threatening its own existence with ties to illegal gambling, sanctioned parties and criminals.” The report revealed, based on an examination of hundreds of gambling platforms, evidence suggesting that one-third of platforms Sportradar claims to serve were using Sportradar’s products or services, or explicitly claiming to do so, while operating illegally in regulated or prohibited gambling markets. Callisto Research revealed that exposure to unlicensed operators could be as high as 30-40% of Sportradar’s revenue. The report also revealed that three U.S. gambling regulators have already commenced reviews into the company.This news caused the price of Sportradar stock to decline $3.80 per share, or 22.6%, from $16.84 per share on April 21, 2026, to $13.04 per share on April 22, 2026.Click here for more information: https://www.bfalaw.com/cases/sportradar-class-action.What Can You Do?If you invested in Sportradar, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/sportradar-class-actionOr contact:Adam McCall
adam@bfalaw.com
212.789.3619Why Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/sportradar-class-actionAttorney advertising. Past results do not guarantee future outcomes.View source version on businesswire.com: https://www.businesswire.com/news/home/20260604185007/en/Adam McCall
adam@bfalaw.com
212.789.3619 Original: SRAD Court Notice: BFA Law Reminds Sportradar Investors that Suffered Losses of the Imminent July 17 Legal Deadline in Securities Fraud Class Action

Macquarie Sees World Cup Boost Driving Betting Growth, Favors Flutter Entertainment (FLUT)June 3, 2026 7:04 AM
IH Market News Flutter Entertainment (NYSE:FLUT) stands out as one of the biggest potential beneficiaries of the 2026 FIFA World Cup, according to Macquarie, which expects the expanded tournament to generate a substantial increase in global sports betting activity and provide a meaningful earnings tailwind for leading operators. The investment bank estimates that betting volumes tied to the competition could exceed $50 billion worldwide, creating a favorable backdrop for major sportsbook and online gaming companies. Expanded Tournament Expected to Drive Record Betting Volumes The 2026 FIFA World Cup will be jointly hosted by the United States, Canada and Mexico during June and July 2026. The competition will feature a significantly larger format, expanding from 32 to 48 national teams and increasing the total number of matches to more than 100 over a six-week period. According to Macquarie, the new structure will result in approximately 60% more matches than the 2022 tournament, creating additional opportunities for wagering activity across global betting markets. The firm noted that the event will include strong participation from countries across Europe, Latin America, Africa and North America, regions that represent some of the most active sports betting markets worldwide. Global Wagers Could Surpass $50 Billion Macquarie estimates that betting turnover during the 2022 FIFA World Cup exceeded $35 billion, equivalent to roughly $500 million wagered per match. Assuming a similar level of betting activity on a per-match basis, the firm believes total wagers during the 2026 tournament could surpass $50 billion. Additional upside could come from the growing popularity of same-game parlays, player proposition bets and other higher-engagement wagering products that have gained traction in recent years. More Mature U.S. Market Creates Additional Opportunity The analysts also highlighted the evolution of the U.S. sports betting landscape since the previous World Cup. When the 2022 tournament took place, legal sports betting was available to approximately 40% of the U.S. population. By the time the 2026 World Cup begins, Macquarie expects that figure to rise to roughly 65%. The broader availability of regulated sports wagering could help drive higher participation and betting volumes during the event. The firm also pointed out that SG&H Capital (SGHC) generated approximately 88% of its 2025 revenue from countries whose national teams are expected to participate in the tournament, illustrating the broad exposure of certain operators to World Cup-related demand. Flutter Positioned Among Key Beneficiaries Macquarie believes operators with strong international football exposure and diversified online gaming ecosystems are best positioned to translate elevated customer engagement into stronger financial performance. Flutter was highlighted as one of the leading beneficiaries due to its significant European footprint, with approximately 35% of its business linked to the region. Rush Street Interactive (NYSE:RSI) was also identified as a potential winner, supported by its roughly 20% exposure to Latin American markets. In addition to Flutter and Rush Street, the firm cited SG&H Capital, Sportradar (NASDAQ:SRAD) and Genius Sports (NYSE:GENI) as companies that could benefit from increased betting activity surrounding the tournament. World Cup Could Deliver Meaningful Earnings Upside Macquarie estimates that the 2026 FIFA World Cup could contribute an EBITDA uplift of between 2% and 5% for betting operators during 2027, as the financial impact of elevated wagering activity flows through to earnings. The firm believes the combination of a larger tournament format, expanding regulated betting markets and growing demand for advanced wagering products creates a compelling opportunity for sportsbook operators heading into the event. More About Flutter Entertainment Flutter Entertainment is one of the world’s largest online betting and gaming operators, owning a portfolio of brands that includes FanDuel, Paddy Power, Betfair, PokerStars and Sky Betting & Gaming. The company operates across multiple regulated markets worldwide and has established a leading position in online sports betting, iGaming and fantasy sports. Flutter stock price Super Group SGHC stock price Rush Street Interactive Original: Macquarie Sees World Cup Boost Driving Betting Growth, Favors Flutter Entertainment (FLUT)

Sportradar Group AG Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - SRADJune 3, 2026 2:00 AM
PR Newswire (US) LOS ANGELES, June 3, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Sportradar Group AG ("Sportradar" or "the Company") (NASDAQ: SRAD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of SRAD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.CLASS PERIOD: November 7, 2024 to April 21, 2026DEADLINE: July 17, 2026CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Sportradar's Know-Your-Customer processes and compliance policies fell short of its claimed standards. The Company was accused of partnering with illegal gambling organizations to increase revenues. Based on these facts, Sportradar's public statements were false and materially misleading throughout the class period.If you are a shareholder who suffered a loss, contact us to participate.WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.Join the case to recover your losses.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.CONTACT:David J. SchwartzDJS Law Group274 White Plains Road, Suite 1 Eastchester, NY 10709Phone: 914-206-9742Email: David@djslawllp.com View original content:https://www.prnewswire.com/news-releases/sportradar-group-ag-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--srad-302789496.htmlSOURCE DJS Law Group LLP Original: Sportradar Group AG Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - SRAD

SRAD Stock Drop: Sportradar Investors Bring Securities Class Action after Stock Plummets 22% on Gambling AllegationsJune 2, 2026 6:47 AM
PR Newswire (US) Sportradar Group AG faces securities fraud allegations that it aided and abetted illegal gambling and derived a substantial portion of its revenue from such activities, leading to a stock drop of 22%; investors urged to act by July 17, 2026.NEW YORK, June 2, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Sportradar Group AG (NASDAQ:SRAD) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws. If you invested in Sportradar, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/sportradar-class-action.Key Details of the Sportradar ($SRAD) Class Action:Lead Plaintiff Deadline: July 17, 2026Alleged Misconduct: Securities fraud regarding allegations that Sportradar aided and abetted illegal gambling and derived a substantial portion of its revenue from such activitiesStock Decline: April 22, 2026 – 22.6% Stock DropCourt: U.S. District Court for the Southern District of New YorkAction: Contact BFA Law to discuss your rightsInvestors have until July 17, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Sportradar Class A ordinary shares. The case is pending in the U.S. District Court for the Southern District of New York. It is captioned Smale v. Sportradar Group AG, No. 26-cv-4112.Why is Sportradar Being Sued for Securities Fraud? Sportradar is a global sports data and technology company that collects, analyzes, and distributes real-time sports data and insights to betting operators, leagues, media companies, and teams. Sportradar has partnerships with top leagues such as the NBA, MLB, NHL, and PGA Tour.During the relevant period, as alleged, Sportradar stated that it was "crucial" for it to "conduct [its] business in a manner that upholds [its] high standards of ethics and integrity." Sportradar also stated that it had a "four-level process" to confirm that it "only work[s] with licensed operators."As alleged, in truth, Sportradar actively aided and abetted illegal gambling across the world's black and grey markets, and it derived a substantial portion of its revenue from such activities.Why did Sportradar's Stock Drop? On April 22, 2026, Muddy Waters, an investigative research firm, published a report titled "Sportradar AG: Putting the BET into Aiding and Abetting. The Leader of Sports Integrity Powers the World's Illegal Online Sports Books." The report revealed, among other things, that Sportradar's business model "depends on illegal operators to survive." Muddy Waters stated that Sportradar "has actively aided and abetted illegal gambling across the world's black and grey markets — not as an accident or an oversight, but as a business strategy." The report estimated that illegal operators contributed to about 20–40% of the company's total revenues. What's more, based on its proprietary research methods and extensive interviews with former employees, Muddy Waters identified nearly 50 Sportradar clients and collaborators who were operating in illegal markets.The same day, Callisto Research, an investigative research firm, published a report titled "Sportradar Group AG: the 'integrity' giant threatening its own existence with ties to illegal gambling, sanctioned parties and criminals." The report revealed, based on an examination of hundreds of gambling platforms, evidence suggesting that one-third of platforms Sportradar claims to serve were using Sportradar's products or services, or explicitly claiming to do so, while operating illegally in regulated or prohibited gambling markets. Callisto Research revealed that exposure to unlicensed operators could be as high as 30-40% of Sportradar's revenue. The report also revealed that three U.S. gambling regulators have already commenced reviews into the company.This news caused the price of Sportradar stock to decline $3.80 per share, or 22.6%, from $16.84 per share on April 21, 2026, to $13.04 per share on April 22, 2026.Click here for more information: https://www.bfalaw.com/cases/sportradar-class-action.What Can You Do?If you invested in Sportradar, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/sportradar-class-actionWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/sportradar-class-actionAttorney advertising. Past results do not guarantee future outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/srad-stock-drop-sportradar-investors-bring-securities-class-action-after-stock-plummets-22-on-gambling-allegations-302787927.htmlSOURCE Bleichmar Fonti & Auld LLP Original: SRAD Stock Drop: Sportradar Investors Bring Securities Class Action after Stock Plummets 22% on Gambling Allegations

SRAD Shareholder Alert: Sportradar Group AG Securities Class Action Lawsuit - Investors Should Contact The Gross Law FirmMay 26, 2026 9:00 AM
PR Newswire (US) NEW YORK, May 26, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sportradar Group AG (NASDAQ: SRAD). Shareholders who purchased shares of SRAD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/sportradar-group-ag-loss-submission-form/?id=186882&from=4CLASS PERIOD: November 7, 2024 to April 21, 2026ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Sportradar intentionally worked with black-market gambling operators to increase its revenues, despite its assurances of strict legal and regulatory compliance and claims that ethics and integrity were crucial for Sportradar's operations; (2) the Company's know-your-customer and compliance processes were not as robust as defendants' had claimed; and (3) as a result, defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.DEADLINE: July 17, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/sportradar-group-ag-loss-submission-form/?id=186882&from=4NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of SRAD during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 17, 2026. There is no cost or obligation to you to participate in this case.WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg @bback View original content to download multimedia:https://www.prnewswire.com/news-releases/srad-shareholder-alert-sportradar-group-ag-securities-class-action-lawsuit---investors-should-contact-the-gross-law-firm-302779781.htmlSOURCE The Gross Law Firm Original: SRAD Shareholder Alert: Sportradar Group AG Securities Class Action Lawsuit - Investors Should Contact The Gross Law Firm

SRAD Court Notification: Sportradar Gambling Allegations and Corresponding 22% Stock Drop Trigger Shareholder Class Action for Securities FraudMay 26, 2026 6:23 AM
PR Newswire (US) Sportradar Group AG faces securities fraud allegations that it aided and abetted illegal gambling and derived a substantial portion of its revenue from such activities, leading to a stock drop of 22%; investors urged to act by July 17, 2026.NEW YORK, May 26, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Sportradar Group AG (NASDAQ:SRAD) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws. If you invested in Sportradar, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/sportradar-class-action.Key Details of the Sportradar ($SRAD) Class Action:Lead Plaintiff Deadline: July 17, 2026Alleged Misconduct: Securities fraud regarding allegations that Sportradar aided and abetted illegal gambling and derived a substantial portion of its revenue from such activitiesStock Decline: April 22, 2026 – 22.6% Stock DropCourt: U.S. District Court for the Southern District of New YorkAction: Contact BFA Law to discuss your rightsInvestors have until July 17, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Sportradar Class A ordinary shares. The case is pending in the U.S. District Court for the Southern District of New York. It is captioned Smale v. Sportradar Group AG, No. 26-cv-4112.Why is Sportradar Being Sued for Securities Fraud? Sportradar is a global sports data and technology company that collects, analyzes, and distributes real-time sports data and insights to betting operators, leagues, media companies, and teams. Sportradar has partnerships with top leagues such as the NBA, MLB, NHL, and PGA Tour.During the relevant period, as alleged, Sportradar stated that it was "crucial" for it to "conduct [its] business in a manner that upholds [its] high standards of ethics and integrity." Sportradar also stated that it had a "four-level process" to confirm that it "only work[s] with licensed operators."As alleged, in truth, Sportradar actively aided and abetted illegal gambling across the world's black and grey markets, and it derived a substantial portion of its revenue from such activities.Why did Sportradar's Stock Drop?On April 22, 2026, Muddy Waters, an investigative research firm, published a report titled "Sportradar AG: Putting the BET into Aiding and Abetting. The Leader of Sports Integrity Powers the World's Illegal Online Sports Books." The report revealed, among other things, that Sportradar's business model "depends on illegal operators to survive." Muddy Waters stated that Sportradar "has actively aided and abetted illegal gambling across the world's black and grey markets — not as an accident or an oversight, but as a business strategy." The report estimated that illegal operators contributed to about 20–40% of the company's total revenues. What's more, based on its proprietary research methods and extensive interviews with former employees, Muddy Waters identified nearly 50 Sportradar clients and collaborators who were operating in illegal markets.The same day, Callisto Research, an investigative research firm, published a report titled "Sportradar Group AG: the 'integrity' giant threatening its own existence with ties to illegal gambling, sanctioned parties and criminals." The report revealed, based on an examination of hundreds of gambling platforms, evidence suggesting that one-third of platforms Sportradar claims to serve were using Sportradar's products or services, or explicitly claiming to do so, while operating illegally in regulated or prohibited gambling markets. Callisto Research revealed that exposure to unlicensed operators could be as high as 30-40% of Sportradar's revenue. The report also revealed that three U.S. gambling regulators have already commenced reviews into the company.This news caused the price of Sportradar stock to decline $3.80 per share, or 22.6%, from $16.84 per share on April 21, 2026, to $13.04 per share on April 22, 2026.Click here for more information: https://www.bfalaw.com/cases/sportradar-class-action.What Can You Do?If you invested in Sportradar, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/sportradar-class-actionWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/sportradar-class-actionAttorney advertising. Past results do not guarantee future outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/srad-court-notification-sportradar-gambling-allegations-and-corresponding-22-stock-drop-trigger-shareholder-class-action-for-securities-fraud-302780541.htmlSOURCE Bleichmar Fonti & Auld LLP Original: SRAD Court Notification: Sportradar Gambling Allegations and Corresponding 22% Stock Drop Trigger Shareholder Class Action for Securities Fraud

SRAD Deadline Alert: Sportradar Investors with Losses are Notified of the Pending Securities Fraud Class Action Over Alleged MisrepresentationsMay 19, 2026 3:07 PM
PR Newswire (US) Sportradar Group AG faces securities fraud allegations that it aided and abetted illegal gambling and derived a substantial portion of its revenue from such activities, leading to a stock drop of 22%; investors urged to act by July 17, 2026.NEW YORK, May 19, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Sportradar Group AG (NASDAQ:SRAD) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws. If you invested in Sportradar, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/sportradar-class-action.Key Details of the Sportradar ($SRAD) Class Action:Lead Plaintiff Deadline: July 17, 2026Alleged Misconduct: Securities fraud regarding allegations that Sportradar aided and abetted illegal gambling and derived a substantial portion of its revenue from such activitiesStock Decline: April 22, 2026 – 22.6% Stock DropCourt: U.S. District Court for the Southern District of New YorkAction: Contact BFA Law to discuss your rightsInvestors have until July 17, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Sportradar Class A ordinary shares. The case is pending in the U.S. District Court for the Southern District of New York. It is captioned Smale v. Sportradar Group AG, No. 26-cv-4112.Why is Sportradar Being Sued for Securities Fraud? Sportradar is a global sports data and technology company that collects, analyzes, and distributes real-time sports data and insights to betting operators, leagues, media companies, and teams. Sportradar has partnerships with top leagues such as the NBA, MLB, NHL, and PGA Tour.During the relevant period, as alleged, Sportradar stated that it was "crucial" for it to "conduct [its] business in a manner that upholds [its] high standards of ethics and integrity." Sportradar also stated that it had a "four-level process" to confirm that it "only work[s] with licensed operators."As alleged, in truth, Sportradar actively aided and abetted illegal gambling across the world's black and grey markets, and it derived a substantial portion of its revenue from such activities.Why did Sportradar's Stock Drop? On April 22, 2026, Muddy Waters, an investigative research firm, published a report titled "Sportradar AG: Putting the BET into Aiding and Abetting. The Leader of Sports Integrity Powers the World's Illegal Online Sports Books." The report revealed, among other things, that Sportradar's business model "depends on illegal operators to survive." Muddy Waters stated that Sportradar "has actively aided and abetted illegal gambling across the world's black and grey markets — not as an accident or an oversight, but as a business strategy." The report estimated that illegal operators contributed to about 20–40% of the company's total revenues. What's more, based on its proprietary research methods and extensive interviews with former employees, Muddy Waters identified nearly 50 Sportradar clients and collaborators who were operating in illegal markets.The same day, Callisto Research, an investigative research firm, published a report titled "Sportradar Group AG: the 'integrity' giant threatening its own existence with ties to illegal gambling, sanctioned parties and criminals." The report revealed, based on an examination of hundreds of gambling platforms, evidence suggesting that one-third of platforms Sportradar claims to serve were using Sportradar's products or services, or explicitly claiming to do so, while operating illegally in regulated or prohibited gambling markets. Callisto Research revealed that exposure to unlicensed operators could be as high as 30-40% of Sportradar's revenue. The report also revealed that three U.S. gambling regulators have already commenced reviews into the company.This news caused the price of Sportradar stock to decline $3.80 per share, or 22.6%, from $16.84 per share on April 21, 2026, to $13.04 per share on April 22, 2026.Click here for more information: https://www.bfalaw.com/cases/sportradar-class-action.What Can You Do?If you invested in Sportradar, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/sportradar-class-actionWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/sportradar-class-actionAttorney advertising. Past results do not guarantee future outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/srad-deadline-alert-sportradar-investors-with-losses-are-notified-of-the-pending-securities-fraud-class-action-over-alleged-misrepresentations-302776595.htmlSOURCE Bleichmar Fonti & Auld LLP Original: SRAD Deadline Alert: Sportradar Investors with Losses are Notified of the Pending Securities Fraud Class Action Over Alleged Misrepresentations

SRAD Lawsuit Filed: Sportradar has been Sued for Securities Fraud over Gambling Allegations and 22% Stock DropMay 19, 2026 11:02 AM
Business Wire Sportradar Group AG faces securities fraud allegations that it aided and abetted illegal gambling and derived a substantial portion of its revenue from such activities, leading to a stock drop of 22%; investors urged to act by July 17, 2026. Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Sportradar Group AG (NASDAQ:SRAD) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws. If you invested in Sportradar, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/sportradar-class-action. Key Details of the Sportradar ($SRAD) Class Action: Lead Plaintiff Deadline: July 17, 2026 Alleged Misconduct: Securities fraud regarding allegations that Sportradar aided and abetted illegal gambling and derived a substantial portion of its revenue from such activities Stock Decline: April 22, 2026 – 22.6% Stock Drop Court: U.S. District Court for the Southern District of New York Action: Contact BFA Law to discuss your rights Investors have until July 17, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Sportradar Class A ordinary shares. The case is pending in the U.S. District Court for the Southern District of New York. It is captioned Smale v. Sportradar Group AG, No. 26-cv-4112. Why is Sportradar Being Sued for Securities Fraud? Sportradar is a global sports data and technology company that collects, analyzes, and distributes real-time sports data and insights to betting operators, leagues, media companies, and teams. Sportradar has partnerships with top leagues such as the NBA, MLB, NHL, and PGA Tour. During the relevant period, as alleged, Sportradar stated that it was “crucial” for it to “conduct [its] business in a manner that upholds [its] high standards of ethics and integrity.” Sportradar also stated that it had a “four-level process” to confirm that it “only work[s] with licensed operators.” As alleged, in truth, Sportradar actively aided and abetted illegal gambling across the world’s black and grey markets, and it derived a substantial portion of its revenue from such activities. Why did Sportradar’s Stock Drop? On April 22, 2026, Muddy Waters, an investigative research firm, published a report titled “Sportradar AG: Putting the BET into Aiding and Abetting. The Leader of Sports Integrity Powers the World’s Illegal Online Sports Books.” The report revealed, among other things, that Sportradar’s business model “depends on illegal operators to survive.” Muddy Waters stated that Sportradar “has actively aided and abetted illegal gambling across the world’s black and grey markets — not as an accident or an oversight, but as a business strategy.” The report estimated that illegal operators contributed to about 20–40% of the company’s total revenues. What’s more, based on its proprietary research methods and extensive interviews with former employees, Muddy Waters identified nearly 50 Sportradar clients and collaborators who were operating in illegal markets. The same day, Callisto Research, an investigative research firm, published a report titled “Sportradar Group AG: the ‘integrity’ giant threatening its own existence with ties to illegal gambling, sanctioned parties and criminals.” The report revealed, based on an examination of hundreds of gambling platforms, evidence suggesting that one-third of platforms Sportradar claims to serve were using Sportradar’s products or services, or explicitly claiming to do so, while operating illegally in regulated or prohibited gambling markets. Callisto Research revealed that exposure to unlicensed operators could be as high as 30-40% of Sportradar’s revenue. The report also revealed that three U.S. gambling regulators have already commenced reviews into the company. This news caused the price of Sportradar stock to decline $3.80 per share, or 22.6%, from $16.84 per share on April 21, 2026, to $13.04 per share on April 22, 2026. Click here for more information: https://www.bfalaw.com/cases/sportradar-class-action. What Can You Do? If you invested in Sportradar, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/sportradar-class-action Or contact: Adam McCall
adam@bfalaw.com
212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/sportradar-class-action Attorney advertising. Past results do not guarantee future outcomes. View source version on businesswire.com: https://www.businesswire.com/news/home/20260519717733/en/ Adam McCall
adam@bfalaw.com
212.789.3619 Original: SRAD Lawsuit Filed: Sportradar has been Sued for Securities Fraud over Gambling Allegations and 22% Stock Drop

SRAD Investor Alert: Sportradar Group Investigated for Securities Fraud Amid Allegations of Illegal ActivitiesApril 28, 2026 6:35 AM
PR Newswire (US)

BFA Law is investigating whether Sportradar Group AG committed securities fraud relating to allegations that Sportradar aided and abetted illegal gambling and derived a substantial portion of its revenue from such activities, leading to a stock drop of 22%.NEW YORK, April 28, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Sportradar Group AG (NASDAQ:SRAD) for potential securities fraud after its significant stock drop.  







If you invested in Sportradar, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/sportradar-class-action.Key Details of the Sportradar ($SRAD) Class Action Investigation:Investigation Overview: Securities fraud relating to allegations that Sportradar aided and abetted illegal gambling and derived a substantial portion of its revenue from such activitiesStock Decline: April 22, 2026 – 22% Stock DropAction: Contact BFA Law to discuss your rightsWhy is Sportradar Being Investigated for Securities Fraud? Sportradar is a global sports data and technology company that collects, analyzes, and distributes real-time sports data and insights to betting operators, leagues, media companies, and teams. Sportradar has partnerships with top leagues such as the NBA, MLB, NHL, and PGA Tour.During the relevant period, Sportradar stated that "Integrity is key" and "at the heart of what we do." Sportradar also compared itself to the FBI of gambling and stated that it monitors illegal market activity "very closely."BFA is investigating allegations that Sportradar actively aided and abetted illegal gambling across the world's black and grey markets, and that it derived a substantial portion of its revenue from such activities.Why did Sportradar's Stock Drop?On April 22, 2026, Muddy Waters, an investigative research firm, published a report titled "Sportradar AG: Putting the BET into Aiding and Abetting. The Leader of Sports Integrity Powers the World's Illegal Online Sports Books." The report revealed, among other things, that Sportradar's business model "depends on illegal operators to survive." Muddy Waters stated that Sportradar "has actively aided and abetted illegal gambling across the world's black and grey markets — not as an accident or an oversight, but as a business strategy." The report estimated that illegal operators contributed to about 20–40% of the company's total revenues. What's more, based on its proprietary research methods and extensive interviews with former employees, Muddy Waters identified nearly 50 Sportradar clients and collaborators who were operating in illegal markets.The same day, Callisto Research, an investigative research firm, published a report titled "Sportradar Group AG: the 'integrity' giant threatening its own existence with ties to illegal gambling, sanctioned parties and criminals." The report revealed, based on an examination of hundreds of gambling platforms, evidence suggesting that one-third of platforms Sportradar claims to serve were using Sportradar's products or services, or explicitly claiming to do so, while operating illegally in regulated or prohibited gambling markets. Callisto Research revealed that exposure to unlicensed operators could be as high as 30-40% of Sportradar's revenue. The report also revealed that three U.S. gambling regulators have already commenced reviews into the company.This news caused the price of Sportradar stock to decline $3.80 per share, or 22.6%, from $16.84 per share on April 21, 2026, to $13.04 per share on April 22, 2026.Click here for more information: https://www.bfalaw.com/cases/sportradar-class-action.What Can You Do?If you invested in Sportradar, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/sportradar-class-actionWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/sportradar-class-actionAttorney advertising. Past results do not guarantee future outcomes.



View original content to download multimedia:https://www.prnewswire.com/news-releases/srad-investor-alert-sportradar-group-investigated-for-securities-fraud-amid-allegations-of-illegal-activities-302752516.htmlSOURCE Bleichmar Fonti & Auld LLP

Original: SRAD Investor Alert: Sportradar Group Investigated for Securities Fraud Amid Allegations of Illegal Activities

SRAD Securities Fraud Investigation: BFA Law is Investigating Sportradar Group after Research Reports Allege Illegal Activities Leading to a 22% Stock DropApril 23, 2026 10:11 AM
Business Wire
BFA Law is investigating whether Sportradar Group AG committed securities fraud relating to allegations that Sportradar aided and abetted illegal gambling and derived a substantial portion of its revenue from such activities, leading to a stock drop of 22%.


Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Sportradar Group AG (NASDAQ:SRAD) for potential securities fraud after its significant stock drop.


If you invested in Sportradar, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/sportradar-class-action.


Key Details of the Sportradar ($SRAD) Class Action Investigation:



Investigation Overview: Securities fraud relating to allegations that Sportradar aided and abetted illegal gambling and derived a substantial portion of its revenue from such activities



Stock Decline: April 22, 2026 – 22% Stock Drop



Action: Contact BFA Law to discuss your rights



Why is Sportradar Being Investigated for Securities Fraud?


Sportradar is a global sports data and technology company that collects, analyzes, and distributes real-time sports data and insights to betting operators, leagues, media companies, and teams. Sportradar has partnerships with top leagues such as the NBA, MLB, NHL, and PGA Tour.


During the relevant period, Sportradar stated that “Integrity is key” and “at the heart of what we do.” Sportradar also compared itself to the FBI of gambling and stated that it monitors illegal market activity “very closely.”


BFA is investigating allegations that Sportradar actively aided and abetted illegal gambling across the world’s black and grey markets, and that it derived a substantial portion of its revenue from such activities.


Why did Sportradar’s Stock Drop?


On April 22, 2026, Muddy Waters, an investigative research firm, published a report titled “Sportradar AG: Putting the BET into Aiding and Abetting. The Leader of Sports Integrity Powers the World’s Illegal Online Sports Books.” The report revealed, among other things, that Sportradar’s business model “depends on illegal operators to survive.” Muddy Waters stated that Sportradar “has actively aided and abetted illegal gambling across the world’s black and grey markets — not as an accident or an oversight, but as a business strategy.” The report estimated that illegal operators contributed to about 20–40% of the company’s total revenues. What’s more, based on its proprietary research methods and extensive interviews with former employees, Muddy Waters identified nearly 50 Sportradar clients and collaborators who were operating in illegal markets.


The same day, Callisto Research, an investigative research firm, published a report titled “Sportradar Group AG: the ‘integrity’ giant threatening its own existence with ties to illegal gambling, sanctioned parties and criminals.” The report revealed, based on an examination of hundreds of gambling platforms, evidence suggesting that one-third of platforms Sportradar claims to serve were using Sportradar’s products or services, or explicitly claiming to do so, while operating illegally in regulated or prohibited gambling markets. Callisto Research revealed that exposure to unlicensed operators could be as high as 30-40% of Sportradar’s revenue. The report also revealed that three U.S. gambling regulators have already commenced reviews into the company.


This news caused the price of Sportradar stock to decline $3.80 per share, or 22.6%, from $16.84 per share on April 21, 2026, to $13.04 per share on April 22, 2026.


Click here for more information: https://www.bfalaw.com/cases/sportradar-class-action.


What Can You Do?


If you invested in Sportradar, you may have legal options and are encouraged to submit your information to the firm.


All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.


Submit your information by visiting:


https://www.bfalaw.com/cases/sportradar-class-action


Or contact:


Adam McCall

adam@bfalaw.com

212.789.3619


Why Bleichmar Fonti & Auld LLP?


BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.


For more information about BFA and its attorneys, please visit https://www.bfalaw.com.


https://www.bfalaw.com/cases/sportradar-class-action


Attorney advertising. Past results do not guarantee future outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423491938/en/
Adam McCall

adam@bfalaw.com

212.789.3619


Original: SRAD Securities Fraud Investigation: BFA Law is Investigating Sportradar Group after Research Reports Allege Illegal Activities Leading to a 22% Stock Drop

Sportradar Slides 12% Despite Record Revenue and Expanded $1B BuybackMarch 3, 2026 11:07 AM
IH Market News
Sportradar Group AG (NASDAQ:SRAD) shares fell nearly 12% on Tuesday, even after the sports technology firm reported record quarterly and full-year results and boosted its share repurchase authorization to $1 billion.The company posted fourth-quarter revenue of €369 million, up 20% year over year from €307 million, driven by a 29% jump in Betting & Gaming Content and incremental contributions from the IMG ARENA acquisition completed in November. Adjusted EBITDA for the quarter rose 48% to €89 million, exceeding expectations.For full-year 2025, Sportradar delivered record revenue of €1.29 billion, an increase of 17% from €1.11 billion in 2024. Net profit climbed to €100 million, or 7.8% of revenue, compared with €34 million the prior year. Adjusted EBITDA advanced 33% to €297 million, with margins improving 291 basis points to 23.0%.“Sportradar concluded 2025 with another quarter of strong performance, demonstrating significant momentum across our business as we continued to drive innovation and customer adoption,” said Carsten Koerl, Chief Executive Officer.Segment performance remained solid. Betting Technology & Solutions generated €1.05 billion in annual revenue, up 15%, while Sports Content, Technology & Services grew 22% to €243 million. The U.S. market was a standout, with revenue increasing 23% to €324 million.Looking ahead, the company guided fiscal 2026 revenue of €1.557 billion to €1.582 billion, representing constant-currency growth of 23% to 25%. The midpoint implies roughly 22% reported growth. Adjusted EBITDA is expected to reach between €390 million and €400 million, up 34% to 37% on a constant-currency basis, with margin expansion of about 200 to 225 basis points.Despite the strong outlook, investors appeared underwhelmed. Sportradar also announced it is expanding its share repurchase authorization from $300 million to $1 billion. The company has already repurchased $171 million in shares under the program.The market reaction suggests that, while results were robust, expectations may have been even higher heading into the release.Sportradar Group stock price

Original: Sportradar Slides 12% Despite Record Revenue and Expanded $1B Buyback

Getting in late on this one; but this one will get a lot of emphasis as sports betting continues to grow and thrive; worldwide. A conviction play for me .

SRAD, new 52 week high

SRAD
the price per share $12.00 +$1.85 (18.23%)

In at 12.20 for a quick DT

https://stockcharts.com/h-sc/ui?s=SRAD

Sportradar Raises FY22 Revenue Outlook From €695M - €715M To €718M - €723M ($703.6M - $708.5M)
By Benzinga— 7:09 AM ET 11/16/22
Annual Financial Outlook

Sportradar has updated its outlook for revenue and Adjusted EBITDA for fiscal 2022 as follows:

Sportradar has raised its revenue outlook for fiscal 2022 to a range of E718.0 million to E723.0 million ($703.6 million to $708.5 million)1, from its previous range of E695.0 million to E715.0 million representing prospective growth of 28% to 29% over fiscal 2021.

Outlook for Adjusted EBITDA2 is narrowed to a range of E124.0 million to E127.0 million ($121.5 million to $124.5 million)1 from the previous range of E123.0 million to E133.0 million, representing 22% to 24% growth versus last year.
Adjusted EBITDA margin2 is expected to be in the range of 17% to 18%.4