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“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.”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.—through data collection and data refinement all powered by machine-learning and automation....

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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.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.According to a Wednesday report from Las Vegas Review-Journal newspaper, the London-listed operator inked a deal in November that is to see its William Hill US subsidiary buy the Nevada-based firm for an undisclosed amount so as to take over the running of sportsbetting inside six Las Vegas casinos....

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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.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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Possible progression:When asked about what improvements his firm intends to make to the sportsbooks run by CG Technology post-acquisition, Asher reportedly proclaimed that his team had already held ‘very preliminary discussions with a couple of the properti market for sports betting. “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....

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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.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.Customer commitment:Joe Asher, Chief Executive Officer for William Hill US, reportedly told members of the Nevada Gaming Control Board 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....