August 28, 2022 2:04 PM
Following the publication of the Sportradar Q2 results last week, CEO Carsten Koerl spoke with SBC Americas to discuss the company’s recent performance and the growing opportunities within the US market.
Discussing how much of a priority the US market is when compared to Europe, Koerl began: “So at the moment, the US accounts for approximately 15% of total revenue – that’s a yearly figure. It is still a small proportion, but it is rising to more than 60%. The CAGR from 2019 to now is around 59%, which is very strong! If we look at what is powering that growth, it is undoubtedly sports betting and the changing legislation round this.”