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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.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....
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”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.Customer commitment:Joe Asher, Chief Executive Officer for William Hill US, reportedly told members of the Nevada Gaming Control Boaonline cas ino lightning link fkuprd that his firm intends to honor any outstanding wagering tickets written by CG Technology following the envisioned takeover and additionally wants to quickly migrate users of the firm’s mobile app across to its own corresponding service....
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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 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.—through data collection and data refinement all powered by machine-learning and automation....
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Launched on February 22, 2020, the regional sports network is opeonline cas ino lightning link fkuprated by Sinclair Broadcast Group and the Chicago Cubs. Micro-market betting will convert casual sports fans to sports bettors while capturing more revenue from existing users.”...
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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.”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.”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....
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