Key Highlights
● Sportradar closed at $11.56 on Tuesday, September 29, down 7.37% from $12.48, within $0.05 of its 52-week low.
● DraftKings fell 7.42% the same day as betting stocks weakened on Brazil's online betting ban and a House inquiry.
● Second-quarter Revenue rose 19% to 378 million euros, and trailing twelve-month revenue reached $1.58 billion, up 16.3%.
● Sportradar supplies data and integrity services to sportsbooks and leagues, and its next Earnings report is expected November 4.
Sportradar Group AG (NASDAQ:SRAD) fell 7.37% on Tuesday, September 29, 2026, closing at $11.56 after finishing the prior session at $12.48. The sports-data provider, which supplies data, betting content and integrity services to sportsbooks, leagues and media companies, fell as online betting stocks weakened and the S&P 500 slipped 0.17% to 7,670.84.
Betting Stocks Move Lower Together
DraftKings (NASDAQ:DKNG) fell 7.42% to $19.59, near its 52-week low. Flutter Entertainment (NYSE:FLUT) had dropped on Monday after Brazil's ban on online betting took effect on September 25 and the company halted its operations in the country. A House Oversight Committee investigation into Insider Trading on prediction-market platforms also widened, with letters sent to several operators. Sportradar sells to the same customers, so its shares moved with the group. Sportsbooks use its data to set odds and manage risk, and leagues use its integrity services to monitor betting patterns.
The broader tape gave betting stocks little cover. Consumer confidence fell to 81.9 in September from 88.6 in August, and the 10-year Treasury Yield ended near 5.25%. Online betting Demand comes from discretionary consumer spending, which is sensitive to both.
Sportradar's Two-Day Slide
Sportradar shares had already fallen 5.7% on Monday, September 28, to $12.48. Tuesday's close at $11.56 sits within $0.05 of the 52-week low of $11.51, leaving the stock at the bottom of its yearly range after two consecutive sessions of losses.
Revenue Growth Continues
The move contrasts with the company's operating trend. Second-quarter revenue rose 19% to 378 million euros, and trailing twelve-month revenue reached $1.58 billion, up 16.3%. Sportradar has also announced a Partnership with prediction-market platform Polymarket.
Sportradar Near Its 52-Week Low
The next Quarterly Report is expected on November 4. Until then, the shares have traded with the online betting group, which closed lower on Tuesday.





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