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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.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....


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


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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’.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.“Simplebet is creating the opportunity to accelerate the adoption of sports betting to a broader audience and enhance the way fans consume sports....


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Micro-market betting will convert casual sports fans to sports bettors while capturing more revenue from existing users.”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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“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. Launched on February 22, 2020, the regional sports network is opeslot machine software toqwrated by Sinclair Broadcast Group and the Chicago Cubs.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....

 

 

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