Sportradar Group AG (SRAD)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sportradar Group AG (“Sportradar” or “the Company”) (NASDAQ: SRAD). Investors who purchased Sportradar securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Sportradar has violated federal securities laws.
Sportradar Investigation Details
On April 22, 2026, Muddy Waters, an investigative research firm, published a report entitled “Sportradar AG: Putting the BET into Aiding and Abetting. The Leader of Sports Integrity Powers the World’s Illegal Online Sports Books.” The report alleged, among other things, that Sportradar’s business model “depends on illegal operators to survive.” Muddy Waters stated that Sportradar “has actively aided and abetted illegal gambling across the world’s black and grey markets — not as an accident or an oversight, but as a business strategy.” The report estimated that illegal operators contributed to about 20–40% of the company’s total revenues. That same days, Callisto Research, an investigative research firm, published a report titled “Sportradar Group AG: the ‘integrity’ giant threatening its own existence with ties to illegal gambling, sanctioned parties and criminals.” Citing an examination of hundreds of gambling platforms, the report alleged that one-third of platforms Sportradar claims to serve were using Sportradar’s products or services, or explicitly claiming to do so, while operating illegally in regulated or prohibited gambling markets. Callisto Research further alleged that exposure to unlicensed operators could be as high as 30-40% of Sportradar’s revenue and that three U.S. gambling regulators have already commenced reviews into the company. Following this news, Sportradar’s stock price fell $3.80 per share, or 22.6%, to close at $13.04 per share on April 22, 2026.
What’s Next for Sportradar Investors?
If you are aware of any facts relating to this investigation or purchased Sportradar securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911
No Cost to Sportradar Investors
We, Bronstein, Gewirtz & Grossman, LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC For Sportradar Securities Investigation?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace,” said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
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Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
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