Aug. 14 at 3:15 PM
$SRAD Sportradar and Genius Sports (
$GENI) are the best companies in the online sports betting space, by far.
Both companies acquire the real-time data from the global sports leagues and use the data to (1) provide sports betting products and services to 99% of the online sports books globally and (2) use anonymous player data for their uniquely targeted advertising businesses.
Both companies have massive network effects, which results in enormous barriers to entry. The weaker competitors have fallen apart over the last 2 years. They cannot afford to compete effectively.
Sportradar and Genius are a duopoly…just like Visa and Mastercard. The only question is what happens first….Sportradar breaking
$50 or Genius breaking
$20. Both should happen before Super Bowl.
Sportradar will rip higher when they close their acquisition of IMG Arena between now and end of 2025. Sportradar’s consensus 2026 numbers are way too low.
Genius is seeing its ad biz +60% y/y. Wow
