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The executive purportedly declared that ‘it’s been quite a long road’ to getting the proposed transaction over the line but that its completion would also allow his company to assume responsibility for a betting platform and risk management consultinConsiderable concern:The newspaper reported that CG Technology, which was previously known as Cantor Gaming, began operations in Las Vegas eleven years ago and is now one of the city’s biggest players. market for sports betting....
”According to Simplebet, it is the first company to “crack the code” of using automation and machine learning to enable in-game betting on micro markets.”The company’s website breaks it down nicely…“In the same way daily fantasy sports introduced instant gratification to season-long fantasy sports, Micro-Markets are introducing instant gratification to sports betting....
With high hopes for the company, founder of Slane Advisory and a former senior vice president of public affairs at the American Gaming Association (AGA), Sara Slane, who is also a Simplebet investor, reportedly said in the company’s press release…“The innovative products that Simplebet is bringing to the sports betting arena are going to be a game changer. “Initial product launch:In the coming weeks, the NYC-headquartered company will reportedly launch its first slate of products, after having already aligned itself with Marquee Sports Network to provide fans in Illinois with “at-bat-level” stats.S....
Micro-market betting will convert casual sports fans to sports bettors while capturing more revenue from existing users.S.”Simplebet’s mission, at a time when the sports betting market is on fire, “is to power the future of fan engagement....
The behemoth is now purportedly hoping to receive similar consent from the Nevada Gaming Commission on August 27 in advance of beginning to combine the acquisition’s ventures into its already considerable portfolio of 113 race and sportsbooks spread across ‘The Silver State’.Market opportunity:Commenting on the opportunity, Chief Executive Officer for Simplebet, Chris Bevilacqua, said…“Back in 2018, I saw a unique market opportunity approaching with valuable sports media rights colliding with the sports betting industry—especially after PASPA repeal here in U. The executive purportedly declared that ‘it’s been quite a long road’ to getting the proposed transaction over the line but that its completion would also allow his company to assume responsibility for a betting platform and risk management consultin...