Sportradar vs Evolution Gaming
Side-by-side comparison of AI visibility scores, market position, and capabilities
Sportradar is the global leader in sports data collection, distribution, and integrity services, listed on Nasdaq as SRAD and serving 1,700+ sports customers.
About
Sportradar is a global sports data and technology company headquartered in St. Gallen, Switzerland, listed on the Nasdaq stock exchange (SRAD), and recognized as the largest sports data provider in the world by the breadth of sports, competitions, and data product categories it covers. The company collects, processes, and distributes official real-time sports data from over 750,000 events annually across more than 80 sports to a client base that includes nearly all major global sportsbooks, media companies, and sports organizations. Sportradar holds official data rights partnerships with the NBA, NFL, NHL, NASCAR, UEFA, and dozens of other governing bodies, allowing it to distribute real-time event data under official license — a critical requirement for regulated sports betting operators whose licenses mandate the use of official feeds for in-play wagering markets.
World's #1 live casino B2B supplier; €1.045B H1 2025 revenue, 65.8% EBITDA margin. Powers live casino for FanDuel, BetMGM, and 700+ operators globally.
About
Evolution is a Swedish B2B iGaming company founded in 2006 and listed on Nasdaq Stockholm, providing live dealer casino games and RNG content to online casino operators worldwide. The company develops and operates live casino studios in 20+ countries—including major facilities in Riga (Latvia), Malta, Georgia, Romania, Canada, and the United States—streaming thousands of simultaneous live table games to casino operators globally. Key products include Live Blackjack, Live Roulette, Live Baccarat, and exclusive game shows like Crazy Time, which has become one of the most-played live casino games in history.\n\nEvolution's B2B model licenses its live casino platform to 700+ operators—including FanDuel, BetMGM, Caesars Digital, DraftKings, and virtually every major online casino brand globally—under revenue-share agreements. This asset-light licensing model generates exceptional margins. Evolution has expanded beyond live casino into RNG slots through acquisitions of NetEnt (2020) and Red Tiger Gaming, adding a portfolio of 1,000+ digital slot titles.\n\nEvolution reported H1 2025 revenue of €1.045B (+3.5% YoY), with adjusted EBITDA margin of 65.8%—among the highest in the global gaming industry. Q2 2025 revenue was €524.3M, with live casino contributing €453.7M. Evolution holds approximately 45% of the global live casino B2B market, ahead of Playtech (30%) and Pragmatic Play (25%). The company launched its first Philippines studio and a new São Paulo facility in 2025.
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