Company overview. Sportradar Solutions LLC is a U.S. subsidiary of Sportradar Group AG (Nasdaq: SRAD), the Swiss sports-technology company headquartered in St. Gallen, Switzerland, and founded in 2001 (originally Market Monitor AS). Per its SEC filings, Sportradar Solutions LLC is a 100%-owned subsidiary of Sportradar Americas Inc., an indirect subsidiary of Sportradar Group AG. The group reported roughly 4,900 employees and annual revenue of about $1.1–1.2 billion in 2024–2025, with a market cap near $4.3–4.5 billion in mid-2026 (stockanalysis.com; TipRanks).
Products / services. Sportradar collects, processes, and distributes sports data and is the official data partner to leagues including the NBA, MLB, NHL, NASCAR, FIFA, and UEFA. Its main offerings span pre-match and live odds services, betting and iGaming platforms, OTT streaming, ad-tech, and integrity/match-fixing detection services. Sportradar Solutions LLC is the group's U.S. sports-betting arm, holding state-level sports-wagering supplier and online gaming licenses (e.g., Connecticut, West Virginia, Maryland, Wisconsin) and providing data and services to regulated U.S. betting operators (Sportradar press releases; Wikipedia).
Patent-litigation posture. The tracked database shows one case, as plaintiff (0 as defendant): Sportradar US LLC et al. v. SportsCastr, Inc. d/b/a Panda Interactive (E.D. Tex., filed 4/4/2025). That filing is a declaratory-judgment action: after SportsCastr/Panda sued Sportradar for infringement of three live-streaming patents (U.S. 10,805,687; 11,039,218; 10,425,697) plus antitrust claims in the Eastern District of Texas (2:23-cv-00472), Sportradar sued first in Delaware, and that case was transferred to the E.D. Tex. Marshall Division before Judge Gilstrap (CourtListener docket 1:24-cv-00170). Sportradar is therefore an operating company contesting an infringement suit, not an NPE; the plaintiff-side count reflects only the DJ action.
Notable context. Sportradar also filed multiple IPR petitions challenging the same patents at the PTAB (e.g., IPR2025-00266, -00269, -00273; several denied or terminated). The company's 2025 annual report discloses a March 2026 settlement with SportsCastr/Panda dismissing the claims with prejudice, with €35.1 million in related litigation costs recognized.