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British bookmaker William Hill is reportedly poised to increase its already large presence in the American sportsbetting market after receiving unanimous permission from the Nevada Gaming Control Board yesterday to move ahead with its planned purchase of local rival CG Technology. The firm is presently purportedly responsible for the sportsbook inside The Cosmopolitan of Las Vegas as well as similar ventures at the nearby Silverton Las Vegas, Palms Casino Resort and Tropicana Las Vegas.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....


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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.”Simplebet’s mission, at a time when the sports betting market is on fire, “is to power the future of fan engagement.”Simplebet’s mission, at a time when the sports betting market is on fire, “is to power the future of fan engagement....


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Considerable 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. 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 for sports betting....