Founders of The Entertainer toy chain hand over control to workers - Global Banking & Finance Review — Image depicting the founders of The Entertainer, Gary and Catherine Grant, announcing the transition of their toy retailer to employee ownership, emphasizing the significance of this move in the finance sector.

Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Headlines

Sportradar to acquire IMG Arena and its global sports betting rights portfolio

Published by Global Banking & Finance Review

Posted on March 19, 2025

1 min read

· Last updated: March 19, 2025

Add as preferred source on Google

Sportradar Acquires IMG Arena's Global Betting Rights Portfolio

(Corrects spelling of 'Sportradar' throughout and changes headline and story to reflect that Sportradar Group have acquired, not bought, IMG Arena and its portfolio of global sports betting rights)

(Reuters) -Sports technology company Sportradar Group has entered into a definitive agreement to acquire IMG Arena and its portfolio of global sports betting rights from Endeavor Group Holdings, Inc, Sportradar said on Wednesday.

Sportradar said the deal would enhance its content and product offering and strengthen its position as a leading content provider in the most popular sports for betting, including tennis, soccer and basketball.

The portfolio comprises strategic relationships with over 70 rights holders covering approximately 39,000 events across 14 global sports.

These include three tennis Grand Slam tournaments - Wimbledon, the U.S. Open and the French Open - along with Major League Soccer, EuroLeague basketball and golf's PGA Tour.

The transaction is expected to close in the fourth quarter of 2025, subject to receipt of regulatory approvals and satisfaction of closing conditions.

(Reporting by Trevor Stynes. Editing by Mark Potter)

Key Takeaways

Sportradar acquires IMG Arena from Endeavor Group.
Deal strengthens Sportradar's sports betting content.
Portfolio includes rights to major sports events.
Transaction expected to close in Q4 2025.
Enhances Sportradar's position in sports betting.

Frequently Asked Questions

What is the main topic?

The main topic is Sportradar's acquisition of IMG Arena and its global sports betting rights portfolio.

What does the acquisition include?

The acquisition includes rights to over 39,000 events across 14 sports, including tennis Grand Slams and MLS.

When is the transaction expected to close?

The transaction is expected to close in the fourth quarter of 2025, pending regulatory approvals.

Pope to visit UNESCO, hit by Trump cuts, during September trip to France

French judge opens inquiry into Khashoggi killing

Trump says Iran war is worth the economic pain. These rural voters agree

Republican Cassidy faces Trump retribution effort in Louisiana Senate primary

Russia says it took control of two villages in Ukraine's Kharkiv region, RIA reports

Factbox-All you need to know about the Eurovision Song Contest final

More from Headlines

Explore more articles in the Headlines category

Trump says ISIS second-in-command Abu-Bilal al-Minuki killed by US and Nigerian forces

Eurovision Song Contest final takes the stage amid Gaza boycott

US accuses Iraqi man of helping Iran-backed militia's plans for attacks in US, Europe

UK's Starmer expected to approve $23.97 billion increase in defence spending, The Times reports

China's U.N. ambassador criticizes US Hormuz resolution

Factbox-The 1996 incident at the root of expected Raul Castro indictment

Zelenskiy says Russia considering plan to attack NATO country from Belarus

UK Labour Party says it will let Burnham run for parliamentary seat

Exclusive-US may ask Israel to put Palestinian tax money toward Trump's Gaza plan, sources say

Greek probe finds suspected Ukrainian sea drone lost course after malfunction, sources say

Denmark checks if dead whale is Germany's recently rescued Timmy

Stolen skull of medieval saint hidden in concrete, say Czech police

View All Headlines Posts