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Two distinct cases have been filed in court by PANDA Interactive, a pioneer in sports technology. These lawsuits accuse market leaders Sportradar Group AG and Genius Sports Limited of violating patents. PANDA Interactive has filed the litigation in the US District Court for the Eastern District of Texas, demonstrating its unrelenting determination to defend its ground-breaking interactive streaming technology.
Donald Schupak, Chairman of PANDA Interactive, stressed the significant efforts the business has made in creating its cutting-edge technologies. He reaffirmed their steadfast opposition to any unauthorized use of their proprietary technology, particularly when used against them. The CEO of PANDA Interactive, Kevin April, emphasized the value of media and sports betting convergence in increasing the fan viewing experience.
April stated, “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.”
Several video streaming devices that use PANDA Interactive’s unique technology have already been released. The SportsCastr smartphone app, which has developed into PANDA Interactive’s B2B Watch & Bet platform, is notable among these. Leading sports media organizations, leagues, and bookmakers have recognized this platform, establishing PANDA Interactive as the market leader.
One of the defendant firms, Genius Sports, just unveiled BetVision, a ground-breaking system that seamlessly mixes live streaming and betting to offer an engaging gambling experience. The product, which was originally introduced in the United States, combines betting odds, bet slips, and live game video broadcasts into a single interactive player.
PANDA Interactive is a division of SportsCastr Inc., which in 2016 became a leader in sports technology. Sportsbooks, sports media, leagues, and betting affiliates may increase fan engagement and income by incorporating real-time, actionable betting odds and interactive social elements into their content thanks to the company’s cutting-edge technologies.
PANDA Studio, a feature-rich Watch & Bet platform, is at the heart of their product line. With in-stream betting options and commerce capabilities, this enterprise-grade solution enables spectators to enjoy live or on-demand sports with ease.
In addition, PANDA Interactive has created PANDA CUB, an AdTech solution designed specifically for affiliates in sports media and betting. To automatically search articles for betting-related terms like team and player names, this application uses artificial intelligence. It then improves these articles with current odds and affiliate links that are geo-targeted from top sportsbooks.
PANDA Interactive has demonstrated its dedication to compliance and trustworthiness by being recognized as a legitimate online sports betting distributor and supplier in a number of US states.