Sportradar Reports Notable Decline in Match-Fixing in 2024
Rhea-AI Summary
Sportradar Integrity Services reported a significant decline in match-fixing incidents during 2024, with 1,108 suspicious matches identified across 850,000 monitored events in 70 sports, marking a 17% decrease from 2023. Europe, historically the most affected region, saw a 34% reduction with 439 suspicious matches, while Africa experienced a 36% decrease with 69 cases.
Soccer, the world's most popular sport, recorded 721 suspicious matches, an 18% reduction from 2023. Notably, Brazilian soccer showed a substantial improvement with a 48% decrease, dropping from 110 to 57 suspicious matches.
The company utilized its Universal Fraud Detection System (UFDS), combining AI and advanced data analytics to monitor competitions and identify irregular betting patterns. During 2024, Sportradar provided integrity support for major events including the IOC Summer Olympics, UEFA EURO 2024, and CONMEBOL Copa America 2024.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Positive
- 17% decrease in overall suspicious matches detected (1,108 vs 1,335 in 2023)
- 34% reduction in suspicious matches in Europe (439 vs 668)
- 36% decrease in suspicious matches in Africa (69 vs 108)
- 48% reduction in Brazilian soccer suspicious matches (57 vs 110)
Negative
- Match-fixing remains a persistent global issue despite improvements
- 1,108 suspicious matches still detected across monitored sports
News Market Reaction – SRAD
On the day this news was published, SRAD gained 2.37%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Significant drop in suspicious matches detected in Europe and Africa; corruption in soccer decreased globally
ST. GALLEN, Switzerland, Jan. 09, 2025 (GLOBE NEWSWIRE) -- After consecutive years of detecting rising numbers of suspicious matches, match-fixing at all levels of global sport registered a notable decline in 2024, according to the annual integrity report (Integrity in Action 2024 Global Analysis & Trends) published by Sportradar Integrity Services, a unit of Sportradar (NASDAQ:SRAD).
Throughout 2024, Sportradar Integrity Services monitored more than 850,000 matches across 70 sports worldwide and 1,108 suspicious matches were identified, a
Notably, the world’s most popular sport, soccer, saw a considerable downturn, with 721 suspicious matches detected in 2024, a reduction of
Sportradar uses advanced data analytics and artificial intelligence (AI) through its Universal Fraud Detection System (UFDS) to monitor competitions and identify irregular betting patterns. While AI flags unusual activity, such as substantial wagers on unlikely outcomes, Sportradar’s team of integrity experts is crucial in confirming match-fixing activities for further investigation.
Andreas Krannich, Executive Vice President, Integrity, Rights Protection & Regulatory Services, Sportradar, said: “While the notable reduction in suspicious matches in 2024 gives us reason to be optimistic, it also signals the need for continued vigilance and innovation, given that the number remains significant.”
"Our investment in innovation combined with data insights into the betting industry and continued education on integrity are at the forefront of keeping pace with the ever-evolving global sports integrity landscape. We remain committed to refining our methods and capabilities and collaborating across the sports and betting industries to support foundational fair play and safeguard the integrity of sports worldwide," explained Krannich.
During 2024, Sportradar provided integrity support for major global events such as the IOC 2024 Summer Olympics in Paris, UEFA
ABOUT SPORTRADAR
Sportradar Group AG (NASDAQ: SRAD), founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, CONMEBOL and Bundesliga, Sportradar covers close to a million events annually across all major sports. With deep industry relationships and expertise, Sportradar is not just redefining the sports fan experience, it also safeguards sports through its Integrity Services division and advocacy for an integrity-driven environment for all involved.
For more information about Sportradar, please visit www.sportradar.com
Sportradar Press Contact
Sandra Lee press@sportradar.com
Sportradar Investor Relations Contact
Jim Bombassei Investor.relations@sportradar.com
