Sportradar CEO discusses his company´s growth opportunities
Wednesday 15 de September 2021 / 07:08
⏱ 1 min read
(United States).- Sportradar CEO Carsten Koerl joins ‘Squawk on the Street’ to discuss his company on its first day of trading on the Nasdaq index.
Sportradar CEO granted an interview to CNBC, in which he talked about the opportunities for growth. "It's all about how can you process data, how can you make products to make the clients more successful, and that's what Sportradar stands for. Innovation, so we produce products where we have probabilities for sports, we can predict this, we have a risk management systems, we have full flash services for soft bet and the client does not need to care about the operation. We do this for them. And they have advertising services connecting the world of the media centers for sports betting, so there are exciting opportunities."
In terms of monetary value, that's what the sports betting market has anticipated to expand from 1 billion dollars in 2019 to 23 billion dollars in what you call "maturity". What has the volume to place actually that total market and how far away is maturity?
"Well, that's 23 billion dollars, and we aim to address 30 to 35% of this total, with the services I've just mentioned to you".
He added that the US market is very exciting. "It's a real big growth opportunity for many companies, and we are super excited to be now on the marketplace."
Categoría:Gaming
Tags: Sin tags
País: United States
Event
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