The famous sports technology company, SportsCastr Inc., owned by PANDA Interactive, filed separate complaints against Sportradar Group AG and Genius Sports Limited. The complaints were filed because of infringing of the company’s foundational interactive streaming technology patents.
SportsCastr is one of the leading companies in the industry. Its offering includes the impressie proprietary cloud-based software that allows all of its partners, media, sportsbooks, and leagues, to incorporate the interactive viewing experience in their offering. Thanks to this, the customers have a chance to track the odds in real time and place their bets while watching the game.
The companies that SportsCastr filed complaints against are also very famous in the sports betting and interactive video industries for the technological infrastructure that they are offering to its customers.
The complaints were filed in the US District Court for the Eastern District of Texas. The complaint against Genius Sports is under the number 2-23-cv-00471 and the case number 2-23-cv-00472 is the one against Sportradar.
Donald Schupak, the Chairman of PANDA Interactive, said: “We have made substantial investments in the development of our technology and cannot tolerate having our patented technology used unfairly by others and against us. No one wants to see their own arsenal used against them in battle.”
PANDA – Story about success:
PANDA is the owner of the SportsCastr mobile app, along with other video streaming products technologies. The modern SportsCastr app in time evolved into PANDA Interactive’s B2B Watch & Bet platform, which rapidly became the industry leader when it comes to the platforms used by a range of sports media, leagues, as well as sportsbooks from all around the world.
Kevin April, a CEO of PANDA Interactive, commented on the company’s impressive works and the recent course of events: “The confluence of media and sports betting is essential to the future of the fan-viewing experience. PANDA developed its pioneering technology long before online sports betting was even legal in the US. Sportradar and Genius Sports are infringing on our patents and capitalizing on our groundbreaking work.”
Andrew Shupak, a Chief Strategy Officer at PANDA, added: “PANDA’s technology is transformational for sports bettors and sportsbooks. By combining actionable betting odds with any live or on-demand broadcast, PANDA’s platform eliminates transaction friction, reduces decision fatigue, and increases fan engagement.”