Antitrust Lawsuit Erupts... Sports Betting Data Giant's Stock Surges 6%

(SPORTRADAR GROUP AG: SRAD) Sportradar Group’s share price closed at $17.82, marking a 6.44% jump from the previous session.

Its market capitalization rose to about $3.86 billion (approximately KRW 5.8 trillion), an increase of roughly $270 million (around KRW 400 billion) in one day, while trading volume reached approximately 1.29 million shares.

The company has been hit with an antitrust lawsuit in U.S. federal court, accused of attempting to monopolize the official supply of Major League sports data and of withholding real-time data from competitors. ([news.bloomberglaw.com])

In March, it announced record 2025 results and expanded its $1 billion share repurchase program. It is also bolstering its North American betting content through an expanded partnership with Hard Rock Bet and the launch of PlayRadar. ([marketchameleon.com])

Headquartered in St. Gallen, Switzerland, Sportradar is a global sports data and technology company that provides event data, broadcasting, and betting solutions to leagues, sportsbooks, and media outlets worldwide. ([en.wikipedia.org])

As the official betting data partner for major leagues such as the NFL and NHL, it is recognized as a core player in the global sports betting infrastructure, leveraging AI-based data collection and integrity monitoring services. ([en.wikipedia.org])