Sportradar Secures Key Supplier License in North Carolina

08.03.2024

In a strategic move that underscores its growing influence within the sports betting sector, Sportradar Group AG has successfully obtained a Supplier license from the North Carolina State Lottery Commission.

north carolina

This notable achievement enables Sportradar’s U.S. betting subsidiary, Sportradar Solutions LLC, to operate within the state of North Carolina, further expanding its footprint in the North American market. The license, effective from February 28, will be valid for a five-year period, signaling a long-term commitment to the region.

Expanding Presence in North America

Sportradar, a leading provider of sports data and content, now boasts a portfolio of 56 licenses or equivalents across the United States, its territories, tribes, and Canada. This extensive licensing network allows Sportradar to offer its state-of-the-art products and services to a diverse array of clients within these jurisdictions. The company is renowned for delivering fast, reliable sports data and for its role in advancing transparency and integrity across the sports betting and gaming marketplace.

The timing of this licensing achievement coincides with a significant development in North Carolina’s gaming landscape. With the state poised to launch online wagering on March 11, sports betting will become legal and operational in 38 U.S. states, as well as the District of Columbia. This expansion reflects the growing acceptance and regulation of sports betting across the United States, offering new opportunities for stakeholders in the industry.

Our Comment on the Article

The granting of a Supplier license to Sportradar Solutions LLC by the North Carolina State Lottery Commission is a testament to Sportradar’s robust compliance and operational standards. This development not only enhances Sportradar’s licensing portfolio but also positions the company to capitalize on the burgeoning sports betting market in North Carolina and beyond. As the landscape for sports betting continues to evolve, the role of trusted data providers like Sportradar becomes increasingly critical in ensuring the integrity and reliability of sports wagering.