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Micro-market betting will convert casual sports fans to sports bettors while capturing more revenue from existing users.S.—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 operated by Sinclair Broadcast Group and the Chicago Cubs.ormer owner and chairman of professional ice hockey team, Phoenix Coyotes; and David Levy, a former president of Turner Sports.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...

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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.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.S....

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”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.S.“I saw a gigantic market opportunity to create a fan engagement platform making sports media rights even more valuable, combined with newly created sports betting revenue through sponsorships and interactivity in digital/mobile while also growing the sports betting handle in a nascent U....

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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. Micro-market betting will convert casual sports fans to sports bettors while capturing more revenue from existing users.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....