Jim Bombassei has joined Sportradar as the new Chief Financial Officer (CFO), based in New York.
Prior to joining Sportradar, Bombassei was the CFO at SciPlay and the senior vice-president of investor relations at Light and Wonder.
He brings over 27 years of experience from his time at mass media business Viacom, where he served in various roles including treasurer and senior vice-president of investor relations.
Additionally, Bombassei worked as a consultant for the media and entertainment group at Ernst & Young’s audit practice.
In his new role at Sportradar, Bombassei will be responsible for managing relationships with the global investment community and overseeing corporate finance.
Sportradar recently announced a 63.8% decrease in operating profit for Q3, despite a 12.4% increase in overall revenue from continuing operations to €201.0m.
The company experienced growth across all segments, with particularly strong performance in the Rest of World Betting AV segment, where revenue grew 15.0% to €38.0m.
Revenue from RoW Betting totaled €112.1m, up 11.1%, while US revenue also increased by 11.1% to €35.0m.
Revenue from all other segments reached €15.7m.
Sportradar CEO Carsten Koerl expressed optimism about the Q3 results and expects continued growth throughout the year.
