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Sportradar records first prediction-market contribution as quarterly revenue climbs

Sportradar reported third quarter revenue up 24 percent to 362.5 million euros, with United States revenue up 47 percent to 98 million euros, and said prediction markets made their first positive contribution. The company works with Kalshi, Polymarket and Novig as exchange partners, signed its first broker deal with Robinhood, and has about 10 agreements with market makers.

Sportradar said prediction markets contributed positively to its results for the first time in the third quarter, according to Freethemes4all. The company reported revenue of 362.5 million euros, up 24 percent.

United States revenue rose 47 percent to 98 million euros. The supplied summary does not quantify the prediction-market contribution or specify how much of either revenue increase it accounted for.

Exchange, broker and market-maker relationships

Sportradar works with Kalshi, Polymarket and Novig as exchange partners, according to Freethemes4all. Those relationships place the company alongside several participants in the prediction-market sector.

The company also signed its first broker agreement with Robinhood and has about 10 agreements with market makers. Together, the disclosed relationships span exchanges, brokerage and market making, although the summary provides no financial breakdown by partner or agreement type.

What it means for prediction markets

  • A first contribution, but limited sizing: Sportradar’s disclosure establishes a positive contribution from prediction markets in the third quarter, without identifying its magnitude.
  • Multiple commercial channels: The exchange partnerships, Robinhood broker deal and about 10 market-maker agreements show relationships across distinct parts of the market.
  • Growth attribution remains open: Total revenue growth of 24 percent and United States growth of 47 percent should not be treated as measures of prediction-market growth; the supplied figures do not isolate that business.
KalshiPolymarketInfiniti MarketsInfiniti Signals

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