Sportradar launches Playradar, enhancing iGaming with integrated gaming experiences and appoints Edo Haitin to lead the initiative.
Quiver AI Summary
Sportradar Group AG has launched Playradar, a new brand aimed at creating a comprehensive ecosystem of gaming experiences for global operators within the iGaming sector. This initiative, which marks a significant evolution of Sportradar's existing business, will be led by Edo Haitin, formerly of Playtech Live, who brings extensive expertise in iGaming to accelerate growth. Playradar will offer unique products that combine live sports data with casino gaming, including a 24/7 live experience center where players can engage with games and streaming content simultaneously. The platform will focus on regulated markets and aims to enhance player engagement through innovative hybrid gaming experiences and diverse content offerings, including classic casino games and virtual sports. Sportradar's strong existing relationships with sportsbook and casino operators will further support the success and scalability of Playradar. The initial game releases are scheduled throughout 2026, targeting markets in the UK, North America, and Latin America.
Potential Positives
- Sportradar has launched Playradar, a new brand focused on delivering an integrated ecosystem of gaming experiences, marking a significant expansion in its iGaming business.
- The appointment of Edo Haitin, an experienced leader from Playtech Live, signals a strong commitment to accelerate growth in the iGaming sector with expertise in operations and product development.
- Playradar combines live sports data and AV streams with casino games, creating unique hybrid gaming experiences that enhance player engagement and retention, addressing a key demand in the market.
- Operating exclusively in regulated markets with a focus on responsible gaming, Playradar demonstrates Sportradar's dedication to integrity and sustainability in its business practices.
Potential Negatives
- The announcement does not provide financial forecasts or projections related to the new Playradar brand, leaving stakeholders without visibility into potential revenue growth.
- The heavy reliance on Edo Haitin's leadership experience may raise concerns if the venture does not perform as expected, putting potential pressure on the company's reputation.
- The focus on the iGaming expansion could divert attention and resources from other important areas of the business, leading to potential operational inefficiencies.
FAQ
What is Playradar by Sportradar?
Playradar is a new brand from Sportradar that offers an integrated ecosystem of gaming experiences for global operators.
Who is leading Sportradar's iGaming business?
Edo Haitin, former CEO of Playtech Live, is appointed to lead Sportradar's iGaming expansion.
What are the key features of Playradar?
Playradar features a live experience center, hybrid content, and a suite of premium iGaming games.
Where will Playradar be available initially?
Playradar will launch in the UK, North America, and Latin America throughout 2026.
How does Playradar enhance player engagement?
By combining live sports streaming with gaming, Playradar creates interactive experiences that boost player engagement and retention.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SRAD Hedge Fund Activity
We have seen 97 institutional investors add shares of $SRAD stock to their portfolio, and 184 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DURABLE CAPITAL PARTNERS LP added 5,956,331 shares (+inf%) to their portfolio in Q4 2025, for an estimated $141,581,987
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 4,111,433 shares (-40.5%) from their portfolio in Q4 2025, for an estimated $97,728,762
- FMR LLC removed 3,442,953 shares (-42.1%) from their portfolio in Q4 2025, for an estimated $81,838,992
- JERICHO CAPITAL ASSET MANAGEMENT L.P. added 3,160,174 shares (+inf%) to their portfolio in Q4 2025, for an estimated $75,117,335
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 2,302,172 shares (-72.5%) from their portfolio in Q4 2025, for an estimated $54,722,628
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 2,280,929 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $54,217,682
- STEPHENS INVESTMENT MANAGEMENT GROUP LLC added 2,214,678 shares (+inf%) to their portfolio in Q4 2025, for an estimated $52,642,896
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SRAD Analyst Ratings
Wall Street analysts have issued reports on $SRAD in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Stifel issued a "Buy" rating on 01/22/2026
- Wells Fargo issued a "Overweight" rating on 11/18/2025
To track analyst ratings and price targets for $SRAD, check out Quiver Quantitative's $SRAD forecast page.
$SRAD Price Targets
Multiple analysts have issued price targets for $SRAD recently. We have seen 9 analysts offer price targets for $SRAD in the last 6 months, with a median target of $28.0.
Here are some recent targets:
- Clark Lampen from BTIG set a target price of $24.0 on 03/04/2026
- Bernie McTernan from Needham set a target price of $27.0 on 03/04/2026
- Chad Beynon from Macquarie set a target price of $30.0 on 03/04/2026
- Ben Miller from Goldman Sachs set a target price of $24.0 on 03/04/2026
- Trey Bowers from Wells Fargo set a target price of $24.0 on 03/04/2026
- Jordan Bender from Citizens set a target price of $31.0 on 03/04/2026
- Curry Baker from Guggenheim set a target price of $35.0 on 01/22/2026
Full Release
ST. GALLEN, Switzerland, March 24, 2026 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD), a leading global sports technology company creating immersive experiences for sports fans and bettors, today announced the launch of Playradar, a dedicated brand delivering a fully-integrated ecosystem of cross-vertical gaming experiences to global operators. This represents the next step in the evolution of Sportradar’s iGaming business.
Leading this expansion, Sportradar recently appointed Edo Haitin, former CEO of Playtech Live, to lead its iGaming business. Haitin brings more than 20 years of experience across iGaming operations, live casino development, and executive leadership, adding senior-level expertise to accelerate Sportradar’s iGaming growth.
Playradar will leverage Sportradar’s live and historical sports data and AV streams, combined with casino games, to create unique, proprietary, hybrid products featuring:
- Live 24/7 Experience Centre – players will be offered a game and a live stream to watch simultaneously on the same screen, blending sports viewing and gaming for pure engagement or betting real money. This creates a community and opportunities for players to interact in real-time, sharing tips, game preferences and reactions.
- Live & Historical Streaming Sports/Casino Hybrid Content – transforming real sporting moments into interactive event driven gameplay by blending live and historical sports streaming with casino mechanics to create innovative hybrid gaming experiences. A live prediction product will also be powered by Sportradar’s live data.
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Premium iGaming Content
– virtual sports and a full suite of casino games, from slots and table games to arcade and crash, developed to the highest standards for a positive player experience.
Sportradar is uniquely positioned to scale its iGaming business through its existing game studio, sports data expertise, streaming capabilities and global distribution network. The company's marketing, acquisition and retention technologies leverage deep insight into player behavior across both betting and iGaming verticals, reinforcing Sportradar’s relationships with sportsbook and casino operators worldwide. With the majority of Sportradar's clients already operating across both verticals, iGaming is a natural channel to drive long-term monetization and lifetime value alongside betting.
Playradar will operate exclusively in regulated markets, with responsible gaming and integrity embedded into every product it delivers. Game releases are scheduled throughout 2026, with an initial roll-out across the UK, North America and Latin America. The full product range will span classic table games, arcades and slots, as well as virtual sports.
Carsten Koerl , Founder and CEO of Sportradar, said: “iGaming represents a natural and scalable extension of our business, and a strategic acceleration of our long-term growth roadmap. Playradar content is designed to provide optimized cross-sell between the worlds of sport and casinos, helping operators to increase player value and session length at a time when engagement and retention are key to operational sustainability. In Edo, we have an experienced and proven industry leader to drive the business forward, with the support of a passionate and dedicated team.”
Edo Haitin , EVP of iGaming added: “By combining our unrivalled experience in sports data and live streaming, along with a proven track record of product development, we aim to create hybrid content and gaming experiences to capitalize on the rising popularity of sports casino consumption. We’re uniquely positioned to seamlessly blend live and historical sports events, innovative gaming mechanics, and casino content and have the advantage of being able to distribute games to an already licensed portfolio of operators. I’m incredibly excited to be further strengthening our iGaming business through Playradar and to grow it into a leader in iGaming content, leveraging Sportradar’s existing resources and the highly experienced and skilled team already in place.”
For additional information visit www.playradar.com
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 and WNBA, NHL, MLB, MLS, PGA TOUR, UEFA, FIFA, CONMEBOL, AFC, and the Bundesliga, Sportradar covers more than 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 www.sportradar.com .
Contacts:
Media
Sandra Lee [email protected]
Investors
Jim Bombassei [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/955cc5b0-091a-49e0-b0b3-a100490d944c