SRAD SPORTRADAR GROUP AG

Sportradar Reports Notable Decline in Match-Fixing in 2024

Sportradar Reports Notable Decline in Match-Fixing in 2024

Significant drop in suspicious matches detected in Europe and Africa; corruption in soccer decreased globally

ST. GALLEN, Switzerland, Jan. 09, 2025 (GLOBE NEWSWIRE) -- After consecutive years of detecting rising numbers of suspicious matches, match-fixing at all levels of global sport registered a notable decline in 2024, according to the annual integrity report () published by Sportradar Integrity Services, a unit of Sportradar (NASDAQ:SRAD). 

Throughout 2024, Sportradar Integrity Services monitored more than 850,000 matches across 70 sports worldwide and 1,108 suspicious matches were identified, a 17% decrease from 2023. The highest number of suspicious matches were found across Europe, the region historically facing the most significant integrity issues. However, the year still ended with a 34% reduction in suspicious matches overall in this territory with 439 matches identified compared to 668 in 2023. Africa also finished with a considerable decline with 69 suspicious matches detected, a 36% decrease from 108 matches the year before.

Notably, the world’s most popular sport, soccer, saw a considerable downturn, with 721 suspicious matches detected in 2024, a reduction of 18% from 881 matches in 2023. Moreover, Brazilian soccer, which has been affected by match-fixing cases in recent years, recorded a marked decrease of 48% with 57 suspicious matches discovered last year, down from 110 in 2023. Nevertheless, despite the overall reduction in the number of suspicious matches detected, match-fixing remains a persistent issue worldwide. 

Sportradar uses advanced data analytics and artificial intelligence (AI) through its Universal Fraud Detection System (UFDS) to monitor competitions and identify irregular betting patterns. While AI flags unusual activity, such as substantial wagers on unlikely outcomes, Sportradar’s team of integrity experts is crucial in confirming match-fixing activities for further investigation. 

Andreas Krannich, Executive Vice President, Integrity, Rights Protection & Regulatory Services, Sportradar, said: “While the notable reduction in suspicious matches in 2024 gives us reason to be optimistic, it also signals the need for continued vigilance and innovation, given that the number remains significant.” 

"Our investment in innovation combined with data insights into the betting industry and continued education on integrity are at the forefront of keeping pace with the ever-evolving global sports integrity landscape. We remain committed to refining our methods and capabilities and collaborating across the sports and betting industries to support foundational fair play and safeguard the integrity of sports worldwide," explained Krannich. 

During 2024, Sportradar provided integrity support for major global events such as the IOC 2024 Summer Olympics in Paris, UEFA EURO 2024, CONMEBOL Copa America 2024 and AFC Asian Cup 2023, showcasing its advanced bet monitoring and intelligence capabilities. In July, the company partnered with the ATP and Tennis Data Innovations to launch an AI-driven safe sport solution to protect athletes from online abuse, highlighting its commitment to using innovation to address wider integrity issues in sport.

ABOUT SPORTRADAR

Sportradar Group AG (NASDAQ: SRAD), founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, CONMEBOL and Bundesliga, Sportradar covers close to a million events annually across all major sports. With deep industry relationships and expertise, Sportradar is not just redefining the sports fan experience, it also safeguards sports through its Integrity Services division and advocacy for an integrity-driven environment for all involved.

For more information about Sportradar, please visit

Sportradar Press Contact

Sandra Lee

Sportradar Investor Relations Contact

Jim Bombassei



EN
09/01/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SPORTRADAR GROUP AG

 PRESS RELEASE

Sportradar to Release Second Quarter 2025 Financial and Operating Resu...

Sportradar to Release Second Quarter 2025 Financial and Operating Results on August 5, 2025 ST. GALLEN, Switzerland, July 15, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SRAD) (“Sportradar”) will release its financial and operating results for the second quarter ended June 30, 2025, on Tuesday, August 5, 2025. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 a.m. Eastern time on Tuesday, August 5, 2025. Those wishing to either listen to, or participate in, the earnings webcast can do so by accessing Sportradar’s Investor Relations website at . Additionally, a ...

 PRESS RELEASE

Sportradar Expands Industry-Leading Soccer Portfolio with FIFA Club Wo...

Sportradar Expands Industry-Leading Soccer Portfolio with FIFA Club World Cup 2025 Rights Partners with DAZN to distribute exclusive global betting data ST. GALLEN, Switzerland and LONDON, June 12, 2025 (GLOBE NEWSWIRE) -- Strengthening its leading global soccer offering, Sportradar Group AG (NASDAQ: SRAD) and DAZN today announced a partnership to secure exclusive rights to distribute ultra-low latency betting data, as well as non-exclusive media content, from the FIFA Club World Cup 2025, held June 14 through July 13, in the U.S. and broadcast globally by DAZN. Through this agreemen...

 PRESS RELEASE

Sportradar Reports First Quarter Results

Sportradar Reports First Quarter Results First Quarter 2025 Highlights Revenue increased 17% to €311 millionProfit for the period increased to €24 million and expanded to 7.8% as a percentage of revenueAdjusted EBITDA1 increased 25% to €59 million and Adjusted EBITDA margin1 expanded to 18.9%Net cash generated from operating activities increased 52% to €102 million and Free cash flow1 increased €32 million to €32 millionAchieved Customer Net Retention Rate1 of 122%Extended and expanded partnership with Major League Baseball through 2032Announced agreement to acquire IMG ARENA and i...

 PRESS RELEASE

Sportradar Announces Pricing of Public Offering of Class A Ordinary Sh...

Sportradar Announces Pricing of Public Offering of Class A Ordinary Shares by Selling Shareholders and Concurrent Share Repurchase ST. GALLEN, Switzerland, April 24, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (Nasdaq: SRAD) (“Sportradar” or the “Company”) today announced the pricing of the previously announced secondary public offering of an aggregate of 23,000,000 Class A ordinary shares of the Company (the “Secondary Offering”) by an affiliate of Canada Pension Plan Investment Board, an affiliate of TCV, and Carsten Koerl, the Company’s Chief Executive Officer (collectively, the “Sell...

 PRESS RELEASE

Sportradar Announces Preliminary First Quarter 2025 Financial Results

Sportradar Announces Preliminary First Quarter 2025 Financial Results Release of Full First Quarter Results and Earnings Call to Take Place on May 12, 2025 ST. GALLEN, Switzerland, April 22, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors today announced, in conjunction with its filing of a preliminary prospectus supplement, preliminary unaudited financial results for the first quarter ended March 31, 2025. Preliminary Fir...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch