Sportradar Group AG

Sportradar Group AG reported second-quarter 2026 revenue of 378 million euros, up 19 percent year-over-year, but lowered its full-year revenue growth guidance to 19 to 21 percent on a constant currency basis, citing US market moderation and tax and regulatory headwinds. Betting Technology and Solutions revenue rose 21 percent to 314 million euros, while Sports Content, Technology and Services revenue increased 9 percent to 64 million euros. Adjusted EBITDA grew 19 percent to 76 million euros, with a margin of 20 percent, though the company posted a net loss of 4 million euros compared to a profit of 49 million euros a year ago. Free cash flow in the first half reached 103 million euros, up 23 percent, and the company repurchased approximately 140 million dollars worth of shares in the quarter. The updated full-year guidance implies reported revenue of 1.518 billion to 1.533 billion euros and adjusted EBITDA of 360 million to 368 million euros.

Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Sportradar Group AG and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired Sportradar securities between November 7, 2024 and April 21, 2026. The complaint claims the company made false and misleading statements by failing to disclose that it engaged in business with black-market gambling operators to boost revenues, and that its know-your-customer and compliance protocols were significantly less robust than represented. Investors have until July 17, 2026 to seek lead plaintiff appointment. The law firm is handling the case on a contingency fee basis.

The Gross Law Firm has issued a shareholder alert for a securities class action against Sportradar Group AG, with a lead plaintiff deadline of July 17, 2026. The class period runs from November 7, 2024 to April 21, 2026. The complaint alleges that Sportradar intentionally worked with black-market gambling operators to increase revenues, misrepresented the robustness of its know-your-customer and compliance processes, and that its statements about business, operations, and prospects lacked a reasonable basis. Shareholders who purchased SRAD shares during the class period can register for the action without cost or obligation.

Glancy Prongay Wolke & Rotter LLP reminds Sportradar Group AG investors that the deadline to file a lead plaintiff motion in a securities fraud class action is July 17, 2026. The lawsuit covers purchasers of Sportradar Class A ordinary shares between November 7, 2024, and April 21, 2026. The action follows a Muddy Waters Research report on April 22, 2026, alleging Sportradar aided illegal gambling across black and grey markets, causing the stock to fall $3.80, or 22.6%, to close at $13.04 per share. The complaint claims the company made misleading statements and failed to disclose its intentional work with black-market operators and weaknesses in its KYC and compliance processes.

The Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of Phreesia, Sportradar Group, Commvault Systems, and Veritone, with lead plaintiff deadlines between July 13 and July 20, 2026. The Phreesia complaint alleges the company misled investors about its long-term growth outlook and revenue projections for fiscal year 2027, while the Sportradar suit claims the company worked with black-market gambling operators despite assurances of compliance. Commvault is accused of failing to disclose the impact of different sale types on annual recurring revenue growth, and Veritone allegedly overstated revenue and assets due to misclassified revenue and costs, leading to a restatement. Investors who suffered losses may contact the law firm to discuss their legal rights.

The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of Phreesia, Sportradar Group, Commvault Systems, and Veritone. For Phreesia, the class period is May 8, 2025 through March 30, 2026, with a lead plaintiff deadline of July 13, 2026; the complaint alleges the company created a false impression about its long-term growth outlook and revenue projections. Sportradar's class period runs from November 7, 2024 to April 21, 2026, with a July 17, 2026 deadline, and the suit claims the company worked with black-market gambling operators despite assurances of compliance. Commvault Systems faces a class period of April 29, 2025 to January 26, 2026, also with a July 17, 2026 deadline, over allegations it failed to disclose the impact of different sales types on annual recurring revenue growth. Veritone's class period is October 14, 2025 through April 14, 2026, with a July 20, 2026 deadline, and the complaint alleges the company misclassified revenue and costs, overstated financials, and maintained deficient internal controls.

Hagens Berman Sobol Shapiro LLP is investigating claims in a securities class action lawsuit against Sportradar Group AG and its executives. The lawsuit, brought on behalf of investors who purchased Sportradar Class A ordinary shares between November 7, 2024 and April 21, 2026, alleges the company misrepresented its compliance with legal and regulatory standards while deliberately partnering with black-market unlicensed gambling operators to inflate revenues. On April 22, 2026, short seller reports from Muddy Waters Research and Callisto Research triggered a 22% single-day stock price collapse, wiping out over $800 million in market capitalization. Muddy Waters estimated that illegal operators deliver approximately 20-40% of total revenues, while Callisto found evidence that over 270 platforms using Sportradar’s products were operating illegally. Investors who suffered losses are encouraged to contact the firm before the July 17, 2026 lead plaintiff deadline.

Glancy Prongay Wolke & Rotter LLP reminds investors of the July 17, 2026 deadline to file a lead plaintiff motion in a class action lawsuit against Sportradar Group AG. The lawsuit covers purchasers of Sportradar Class A ordinary shares between November 7, 2024 and April 21, 2026. The complaint alleges the company made misleading statements and failed to disclose that it intentionally worked with black-market gambling operators, and that its compliance processes were not as robust as claimed. On April 22, 2026, Muddy Waters Research released a report accusing Sportradar of aiding illegal gambling, causing the stock to fall $3.80, or 22.6%, to close at $13.04 per share.

Bernstein Liebhard LLP announced that a securities class action lawsuit has been filed against Sportradar Group AG on behalf of investors who purchased or acquired Class A ordinary shares between November 7, 2024 and April 21, 2026. The lawsuit alleges that defendants made materially false and misleading statements regarding the company's business operations, growth prospects, and financial stability, causing shares to trade at artificially inflated prices. As the truth emerged, the stock price declined, resulting in significant investor losses. Investors seeking to serve as lead plaintiff must file papers by July 17, 2026.

משרד רוזן עורכי דין מזכיר לרוכשי מניות רגילות מסדרה A של Sportradar Group AG בין 7 בנובמבר 2024 ל-21 באפריל 2026 כי המועד האחרון להגשת תביעה ייצוגית בניירות ערך הוא 17 ביולי 2026. ייתכן שאתם זכאים לפיצוי ללא דמי השתתפות עצמית, או עלויות מכוח הסדר תשלום מותנה. התביעה טוענת כי Sportradar עבדה במכוון עם מפעילי הימורים בשוק השחור, בניגוד להצהרותיה על ציות קפדני, וכי תהליכי הכרת הלקוח שלה לא היו חזקים כפי שנטען. משרד רוזן מדגיש את ניסיונו בתביעות ייצוגיות, כולל הסדר התביעה הגדול ביותר אי פעם נגד חברה סינית, ומעודד משקיעים עם הפסדים של יותר מ-100 אלף דולר לפנות לקבלת ייעוץ משפטי.

Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Sportradar Group AG and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired Sportradar securities between November 7, 2024 and April 21, 2026. The complaint claims the company made false and misleading statements by failing to disclose it engaged with black-market gambling operators to boost revenues, despite representing strict compliance and integrity standards, and that its know-your-customer and compliance protocols were significantly less robust than stated. Investors have until July 17, 2026 to seek lead plaintiff appointment. The law firm represents investors on a contingency fee basis.

Kessler Topaz Meltzer & Check has filed a securities fraud class action lawsuit against Sportradar Group AG on behalf of investors who purchased or acquired Sportradar Class A ordinary shares between November 7, 2024, and April 21, 2026. The complaint alleges that Sportradar made materially false and misleading statements and failed to disclose that it intentionally worked with black-market gambling operators to increase revenues, that its Know-Your-Customer and compliance processes were not as robust as claimed, and that its statements about business, operations, and prospects lacked a reasonable basis. On April 22, 2026, reports from Muddy Waters Research and Callisto Research revealed the alleged misconduct, causing Sportradar Class A ordinary shares to drop $3.80 per share, or approximately 22.6%, from a close of $16.84 on April 21 to $13.04 on April 22. Investors have until July 17, 2026, to seek lead plaintiff status in the case, which is pending in the United States District Court for the Southern District of New York.

Sportradar Group AG is facing a securities class action lawsuit on behalf of investors who purchased Class A ordinary shares between November 7, 2024 and April 21, 2026. The suit follows a 22% single-day share collapse on April 22, 2026, triggered by reports from Muddy Waters Research and Callisto Research accusing the company of misleading investors about the legality of its business model. Muddy Waters estimated that illegal operators deliver approximately 20-40% of total revenues, while Callisto found evidence that over 270 platforms—more than a third of the 800 Sportradar claims to serve—are using its products while operating illegally. The market reaction wiped out over $800 million of Sportradar’s market capitalization in one day. Law firm Hagens Berman is investigating the claims and has set a lead plaintiff deadline of July 17, 2026.

The Law Offices of Howard G. Smith reminds investors of upcoming lead plaintiff deadlines in securities fraud class actions against Phreesia, Sportradar, Commvault, and Veritone. Phreesia faces a July 13, 2026 deadline over allegations it misled investors about its pharmaceutical marketing commitments as a durable growth driver for its Network Solutions segment, putting fiscal 2027 revenue targets at risk. Sportradar has a July 17, 2026 deadline amid claims it worked with black-market gambling operators and overstated its compliance processes. Commvault also has a July 17, 2026 deadline, with allegations it failed to disclose how different sale types impact annual recurring revenue growth. Veritone's deadline is July 20, 2026, over accusations of misclassified revenue, overstated assets, and deficient internal controls that led to financial restatements.