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Micro-market betting will convert casual sports fans to sports bettors while capturing more revenue from existing users. 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’.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.—through data collection and data refinement all powered by machine-learning and automation.”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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market for sports betting.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.”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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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.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....


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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 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....