Good Morning. A brighter future. Sportradar has raised its FY25 outlook after Q3 2025 results showed increases in adjusted EBITDA, with strong contributions from its Betting & Gaming Content and US market segments. CEO Carsten Koerl highlighted that the company’s growth momentum is fueled by its premium content, technology, and AI capabilities. In South Korea, Kangwon Land reported an 83.5 percent increase in net income to $77.5 million, despite a drop in operating income. Meanwhile, Thailand’s government will establish a special task force to investigate suspicious financial flows linked to online gambling, scam networks, and other illicit transactions.
What you need to know
- Sportradar sees drop in profit in 3Q25 despite an 11 percent revenue increase from its betting segment.
- South Korea’s Kangwon Land posted revenue and net income improvements in the third quarter of 2025.
- Thailand sets up a special task force to track illegal money transfers tied to gambling and scams amid concern over baht strength.
On the radar
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- Indonesian minister: not enough being done to stop online gambling.
- China to execute Myanmar casino mafia leaders in major crackdown.
AGB Intelligence
RESULTS
Sportradar’s Q3 performance boosts FY25 revenue projections
Global sports technology company Sportradar has revised its FY25 outlook upward after reporting solid growth across its business segments in Q3 2025, despite a decline in profit to $25.28 million from $42.52 million year-over-year. CEO Carsten Koerl highlighted that the company’s growth momentum is fueled by its premium content, technology, and AI capabilities. Revenue increased by 14 percent to $335.54 million, driven by an 8 percent rise in its Betting & Gaming Content segment, which benefited from strong customer uptake and US market growth.
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