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“Simplebet is creating the opportunity to accelerate the adoption of sports betting to a broader audience and enhance the way fans consume sports.”Simplebet’s mission, at a time when the sports betting market is on fire, “is to power the future of fan engagement.League’s (NHL) New Jersey Devils and Crystal Palace FC; Jeff Mallett, the founding Chief Operating Officer and president of Yahoo, the principal partner of the Major League Baseball’s San Francisco Giants and the co-owner and executive chairman of Canadian professional soccer team, Vancouver Whitecaps FC; Steve Ellman, a former owner and chairman of professional ice hockey team, Phoenix Coyotes; and David Levy, a former president of Turner Sports....
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—through data collection and data refinement all powered by machine-learning and automation.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....
Trying times:However, The Las Vegas Review-Journal reported that CG Technology, which moreover runs sportsbetting services inside The Venetian Las Vegas and this property’s 3,000-room The Palazzo hotel, has been fined for a number of high-profile violations since 2014 while more recently being hit hard by the coronavirus-induced sidelining of most American sports. market for sports betting.”...
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