Sportradar is Facing a Multi-Year Growth Cycle Thanks to the Booming Sports Betting Market. Top Breakout Candidate!
Reading Time: 2 minutes
Sportradar (SRAD) is one of the new leader stocks that does not come from a defensive sector. It is a sports technology company that provides insights from sporting events in real-time and processed through AI to betting companies and media outlets. The data is used for game predictions, reporting, and also for detecting betting manipulations. What supports the growth is the expansion of the sports betting market from $94.1 billion to $150 billion by 2029, as well as the acquisition of IMG Arena. IMG brings more than 70 sports rights, such as...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
