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Sportradar to reduce global workforce as Q3 profit falls 68%

1st November 2023 3:47 pm GMT
Sportradar

Sports data provider Sportradar has reported a 12 per cent increase in revenue to €201.0 million for the third quarter of 2023, alongside announcing a reduction in its global workforce as part of a broader set of strategic initiatives.

The company posted year-on-year growth across all business segments, with its core RoW Betting segment seeing revenue increase by 11 per cent to €112.2 million, driven primarily by increased sales of Live Odds and Live Data products, [...]

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