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Sportradar rejects short seller report over illegal betting claims
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Sportradar rejects short seller report over illegal betting claims

ReadWrite·Suswati Basu·6 months ago
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Sportradar pushed back hard Wednesday after a short-selling firm accused the company of having meaningful links to unlawful betting sites.

“A short report issued today contains factual inaccuracies about the company, and we unequivocally challenge these assertions,” a Sportradar spokesperson told ReadWrite.

The company said the report misread both its operations and the wider betting market.

The spokesperson added: “The report demonstrates a fundamental misunderstanding of our business and the industry and was authored by a short seller trying to erode shareholder value and profit from stock disruption.”

Callisto Research published the report and disclosed that it held a short position in Sportradar shares.…

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