Tag Archives: Mark Cuban

Ed Blonk: Sportradar IPO proves status as most innovative sports business

Cited as 2021’s most audacious public listing, yesterday Sportradar grabbed global business headlines as company Founder and CEO Carsten Koerl rang the opening bell of the Nasdaq Exchange with Michael Jordan. Speaking to SBC from 6 Times Square, Sportradar’s Chief Commercial Officer, Ed Blonk, discussed the company’s ambitions as a Nasdaq enterprise and how generated funds will be spent to …

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Betradar to launch sports betting solutions for US market

Copyright: mshch / 123RF Stock Photo

Betradar has detailed plans to launch “a comprehensive range of tools and services” to companies looking to provide sports betting in a post PASPA United States. Acknowledging a variety of permutations could yet impact the landscape following the Supreme Court ruling, it was detailed that existing operators, in addition to new entrants, could benefit from the firm’s expertise in navigating …

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Sportradar looks to secure US sports’ full-house with NBA data rights deal

Sports data and insights provider Sportradar AG is reported to be in the final stages of closing a six-year data-rights contract with the NBA valued at $250 million. Its contract with the NBA will cover an array of data-distribution rights on behalf of the professional league, including match analysis, data reporting, statistics and the development of a streaming product. In …

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Cuban invests in Fantasy Labs inc.

Mark Cuban has invested in daily fantasy sports start-up Fantasy Labs inc. The company was founded in 2015 by Peter Jennings and Jonathan Bales. They are both professional DFS players and DraftKings analysts. Jennings was the winner of DraftKings first $1 million (£703,000) tournament, whilst Bales has won hundreds of thousands in DFS winnings. Bales said of Cuban’s investment: “Mr. Cuban’s …

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eSports 2015 SBC report – Part 2

Following Part 1’s assessment of the key occurrences in the eSports industry from a business perspective in the opening six months of 2015, here’s more of the same for the latter part of the year. August Ashton Kutcher became the latest high profile investor in eSports as he joined billionaire Mark Cuban in investing in Unikrn. Kutcher has a successful …

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Mark Cuban believes US legalisation of gambling is inevitable

In an interview with Fortune Mark Cuban, US businessman and investor, stated his belief that the USA will legalise sports betting. When quizzed on the recent, and ongoing, investigations into the legality of daily fantasy sports firms such as FanDuel and DraftKings, Cuban said that he believes it is “inevitable” that gambling will be legalised. He added: “It will take …

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Sportradar secures all-star $44 million US investment round

Sports data provider Sportradar has secured an all-star $44 million investment round led by Washington sports mogul Ted Leonsis investment firm Revolution Growth. Revolution Growth’s funding round saw, NBA legend and Charlotte Hornets franchise owner Michael Jordan contribute to investment, with Dallas Mavericks (NBA) owner Mark Cuban also participated in the round. Sportradar governance announced that Cuban and Jordan, would …

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Silver gains sports betting support from NBA owners

Having stated his support for opening US sports betting markets and allowing betting wagers on professional sports, NBA Chief Commissioner Adam Silver appears to have gained support on the subject matter from several NBA franchise governance and owners. In a recent interview with online sports portal Bleacher Report Radio, La Lakers President Jeanie Buss stated approval for Adam Silvers pro-stance …

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