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After raising more than million in funding, to date, including a Series B round of million that closed in March, New York-based B2B product development company Simplebet has officially announced its launch.”The effect of the technology is threefold.Founded in 2018 by industry veterans Chris Bevilacqua, Joey Levy, and Scott Marshall, Simplebet uses machine learning and real-time technology “to make every moment of every sporting event a betting opportunity....

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Planned possibilities:The source reported that Valeri Simenov from the right-wing National Front for Salvation political party, which rules Bulgaria in coalition with its IMRO, GERB and Volya compatriots, had earlier successfully introduced a measure that handed a monopoly over all lottery games to the state-owned Sports Totalisator concern.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. The source detailed that this enterprise is the oldest sportsbook firm in Bulgaria but had its operating license pulled for three months in late-March over allegations that it owed approximately 2....

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iGamingBusiness.”The effect of the technology is threefold.“every moment becomes a game within a game....