Sportradar Stock Gains on Partnership With Kalshi

Dow Jones06-08

By Kelly Cloonan

Shares of Sportradar Group AG rose after the sports technology company said it's teaming up with Kalshi to provide data and solutions to the prediction market.

The stock gained 7.6% to $14.95 in premarket trading on Monday. Through Friday's market close, shares have slid 42% year to date.

Under the multi-year agreement, Sportradar will provide Kalshi with a range of solutions, including official sports data and live odds as well as scores, schedules and data visualization content aimed at driving fan engagement.

Sportradar will also provide customer acquisition solutions as well as services designed to detect suspicious behavior.

The agreement also allows Sportradar to enter agreements with Kalshi's key partners, including brokers and market makers, the company said.

"Our partnership with Kalshi extends the reach of our premium sports data and services into a rapidly evolving landscape, fostering collaboration with market makers and the broader marketplace," Sportradar's Chief Executive Carsten Koerl said.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

June 08, 2026 08:45 ET (12:45 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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