Betting pool

Sportradar Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Wednesday, March 20, 2024

Growth, Tennis, Partnership, Business, Table, Betting pool, Investment, SBC, ATP, CONMEBOL, NBA, NASCAR, MGM Resorts International, Video game

ST. GALLEN, Switzerland, March 20, 2024 (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 financial results for its fourth quarter and year ended December 31, 2023.

Key Points:

Segment revenue in the fourth quarter of 2023 increased by 25% to €132.0 million compared with the fourth quarter of 2022.
Segment revenue in the fourth quarter of 2023 increased by 28% to €52.7 million compared with the fourth quarter of 2022.
Personnel expenses in the fourth quarter of 2023 increased 10% to €88.8 million, compared with the fourth quarter of 2022.
Other Operating expenses in the fourth quarter of 2023 decreased 30% to €24.4 million compared with the fourth quarter of 2022, primarily driven by non-recurring litigation costs that occurred in the fourth quarter of 2022.

Sportradar Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Wednesday, March 20, 2024

Growth, Tennis, Partnership, Business, Table, Betting pool, Investment, SBC, ATP, CONMEBOL, NBA, NASCAR, MGM Resorts International, Video game

ST. GALLEN, Switzerland, March 20, 2024 (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 financial results for its fourth quarter and year ended December 31, 2023.

Key Points:

Segment revenue in the fourth quarter of 2023 increased by 25% to €132.0 million compared with the fourth quarter of 2022.
Segment revenue in the fourth quarter of 2023 increased by 28% to €52.7 million compared with the fourth quarter of 2022.
Personnel expenses in the fourth quarter of 2023 increased 10% to €88.8 million, compared with the fourth quarter of 2022.
Other Operating expenses in the fourth quarter of 2023 decreased 30% to €24.4 million compared with the fourth quarter of 2022, primarily driven by non-recurring litigation costs that occurred in the fourth quarter of 2022.

Sportradar Reports Third Quarter 2023 Results

Retrieved on:

Wednesday, November 1, 2023

SBC, NBA, Tennis, CONMEBOL, ROI, Shandong Sports Lottery, NASCAR, Growth, Partnership, Business, MGM Resorts International, DTC, Table, Betting pool, Video game, Sportradar

ST. GALLEN, Switzerland, Nov. 01, 2023 (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 financial results for its third quarter ended September 30, 2023.

Key Points:

Segment revenue in the third quarter of 2023 increased by 11% to €112.2 million compared with the third quarter of 2022.
Segment Adjusted EBITDA1 in the third quarter of 2023 increased by 16% to €56.1 million compared with the third quarter of 2022.
Segment revenue in the third quarter of 2023 increased by 15% to €38.0 million compared with the third quarter of 2022.
Segment revenue in the third quarter of 2023 increased by 11% to €35.1 million compared with the third quarter of 2022.

Find a Betting Pool on Chipz Platform to Satisfy Your Thrill for Gambling

Retrieved on:

Saturday, July 31, 2021

Gambling, Sports betting, Wagering, Betting pool, Betting in poker

Here’s why. There is no single betting site that provides a full user experience. Well, until now. The recent launch of the Chipz betting platform -- a decentralized web-based gambling platform -- will give gamblers a one-of-a-kind, betting experience.

Key Points:

The recent launch of the Chipz betting platform -- a decentralized web-based gambling platform -- will give gamblers a one-of-a-kind, betting experience.
If you wish to join in on the fun, were going to share with you how to register as a bettor in the Chipz betting pools.
The users must have CHPZ, an ERC-20 token that guarantees payment of fees and betting amount within the platform.
As a gambler, Chipz allows you to bet inside the betting pool created by other users.

MEDIA ALERT – While March Madness brackets may be virtual, taxes on winnings are still real

Retrieved on:

Wednesday, March 17, 2021

Basketball, Technology, Casino, Gaming, Sports, Finance, Entertainment, Banking, Accounting, Professional services, Internet, Alphen aan den Rijn, Wolters Kluwer, Gambling, Betting pool, Wolters, Publishing, Entertainment, Publishers

Wolters Kluwer Tax & Accounting:

Key Points:

Wolters Kluwer Tax & Accounting:
What: March Madness is a popular time to fill out your National Collegiate Athletic Association (NCAA) basketball brackets and hope for a winner.
Why: Placing a bet in the NCAA bracket office pool is considered to be gambling, even though participants may claim some skill in selecting their bracket winners.
Under the Tax Code, any income earned from gambling is taxable whether the gambling is legal or illegal.
The information is provided with the understanding that Wolters Kluwer Tax & Accounting is not engaged in rendering legal, accounting, or other professional service.

Regulators and Leagues Alike Embrace Sports Betting

Retrieved on:

Tuesday, December 8, 2020

Wagering, Sports betting, Gambling, Online gambling, Betting pool, Gaming Innovation Group, Samvo Group

Two years since, the expansion of the new legal sports betting market has exceeded expectations as the relationship between sports leagues and the gambling industry has changed forever.

Key Points:

Two years since, the expansion of the new legal sports betting market has exceeded expectations as the relationship between sports leagues and the gambling industry has changed forever.
And according to a research by ResearchAndMarkets , the sports betting market was valued at USD 85.047 Billion in 2019.
FansUnite will now be able to offer a full spectrum of online gambling services in Europe, covering Casino, Fixed Odds Betting, Pool Betting and Controlled Skilled Games.
This B2B license enables FansUnite to sell its proprietary software to a broad spectrum of licensed sports betting and iGaming operators throughout Europe.

Regulators and Leagues Alike Embrace Sports Betting

Retrieved on:

Tuesday, December 8, 2020

Wagering, Sports betting, Gambling, Online gambling, Betting pool, Gaming Innovation Group, Samvo Group

Two years since, the expansion of the new legal sports betting market has exceeded expectations as the relationship between sports leagues and the gambling industry has changed forever.

Key Points:

Two years since, the expansion of the new legal sports betting market has exceeded expectations as the relationship between sports leagues and the gambling industry has changed forever.
And according to a research by ResearchAndMarkets , the sports betting market was valued at USD 85.047 Billion in 2019.
FansUnite will now be able to offer a full spectrum of online gambling services in Europe, covering Casino, Fixed Odds Betting, Pool Betting and Controlled Skilled Games.
This B2B license enables FansUnite to sell its proprietary software to a broad spectrum of licensed sports betting and iGaming operators throughout Europe.

Next Generation Pool Betting for Sports and Esports Fans Delivered by Low6 Sport Buff Partnership

Retrieved on:

Wednesday, July 22, 2020

Sport Buff and Low6 are perfectly aligned to create a market leading sports betting platform to engage with the next generation of fans whose appetites have evolved beyond traditional betting platforms, Benn Achilleas, CEO at Sport Buff said.

Key Points:

Sport Buff and Low6 are perfectly aligned to create a market leading sports betting platform to engage with the next generation of fans whose appetites have evolved beyond traditional betting platforms, Benn Achilleas, CEO at Sport Buff said.
Together, we provide the ultimate pool betting experience that directly engages sports fans, delivering greater retention, revenue, and fan insight for our customers.
The agreement officially forms a partnership between Low6 and Sport Buff after months of collaboration.
Low6 is here to eliminate the House and provide sports fans with a unique pool betting experience that delivers a winner every time.