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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. Micro-market betting will convert casual sports fans to sports bettors while capturing more revenue from existing users.”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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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.”Simplebet’s mission, at a time when the sports betting market is on fire, “is to power the future of fan engagement. market for sports betting....

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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.”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.“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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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.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.”Simplebet’s mission, at a time when the sports betting market is on fire, “is to power the future of fan engagement....