In a recent press release, Genius Sports and Sportradar have successfully resolved their legal dispute with Football DataCo (FDC). The agreement ensures the continuation of FDC data licensing and marketing rights while granting exclusive Official FDC betting data rights to Genius Sports through 2024. Additionally, Sportradar has pledged to refrain from unauthorized in-stadia scouting of matches in the Premier League, Football League, and Scottish Professional Football League. To obtain access to a delayed Official Secondary Feed, Sportradar has purchased a sublicense from Genius Sports. The finer details of the settlement remain confidential.
The Resolution and Implications:
The primary aspect of the settlement involves the satisfaction of both Genius Sports and Sportradar. The resolution allows Football DataCo to maintain its data licensing and marketing rights, ensuring the continued availability of vital sports data to stakeholders. This resolution is vital for the smooth functioning of sports betting and data analytics services.
Exclusive Betting Data Rights:
Genius Sports has secured low-latency exclusive Official FDC betting data rights through the year 2024. This gives the company a competitive edge, enabling them to provide real-time, accurate, and reliable data to their clients in the sports betting industry. Such data is crucial for bookmakers, odds compilers, and bettors to make informed decisions.
Sportradar’s Commitment to Fair Play:
In a bid to maintain integrity and fair play in sports, Sportradar has agreed to refrain from unauthorized in-stadia scouting of matches conducted in the Premier League, Football League, and Scottish Professional Football League. This commitment ensures that teams and players are not subjected to undue scrutiny, and the sanctity of the game is preserved.
Sportradar’s Access to Secondary Feed:
As part of the settlement, Sportradar has acquired a sublicense from Genius Sports, granting them rights to a delayed Official Secondary Feed. Although this feed may have a slight delay, it still provides valuable data for Sportradar’s clients and supports their various sports-related endeavors.
Confidentiality:
Certain terms of the settlement remain confidential, presumably to protect sensitive information and trade secrets. This confidentiality ensures that both parties can implement the agreement without disclosing critical business strategies to competitors.
The resolution of the legal dispute between Genius Sports and Sportradar with Football DataCo marks a significant milestone in the sports data industry. The agreement secures the continuation of data licensing and marketing rights for Football DataCo, while Genius Sports gains exclusive Official FDC betting data rights. Sportradar’s commitment to fair play by refraining from unauthorized in-stadia scouting demonstrates their dedication to maintaining the integrity of sports. With a sublicense granting access to a delayed Official Secondary Feed, Sportradar can continue serving its clients with essential sports data. While certain aspects of the settlement remain confidential, the overall outcome promises a positive impact on the sports data market, promoting transparency, fairness, and growth.