In the high-stakes world of sports betting, success hinges on the ability to predict outcomes with precision. Enter AI, which is revolutionising the industry by providing bettors with sophisticated tools to improve their odds. By leveraging data analytics, machine learning, and real-time processing, AI is turning the traditional approach to sports betting on its head....
Tag: AI
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UK Election 2024: 10 Tech Commitments
In the race for 10 Downing Street, tech promises to take centre stage, sparking debates as fiery as a short-circuited motherboard. With just one week until the UK electorate votes, a poll from The Economist and WeThink predicts that the ruling Conservative Party is heading for a wipeout of historic proportions, with Keir Starmer’s Labour...
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Innovations in Online Gaming Technology: What’s Next? – Innovation & Tech Today
There have been great changes in online gaming since it started a few decades ago. The progression from basic games made of texts to complex games that create an environment where a person can exist virtually has indeed been amazing. However, with each passing day of technological advancement, one wonders, what is the future of...
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9 out of 10 UK Business Leaders Suffer From Tech Anxiety That Disrupts Their Sleep, BT Study Finds
While rapid digital transformations can result in many business benefits, a new study has revealed that they also take a toll on mental health. Nearly nine out of 10 U.K. business leaders say they suffer from tech-related stress that’s severe enough to disrupt their sleep. BT commissioned a survey of 2,000 business decision makers to...
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Mass. Gaming Commission studying online casino games, AI use • Rhode Island Current
The Massachusetts Gaming Commission is trying to get its arms around the technological future of gambling – seeking bids for research into the potential impacts of “iGaming” and the use of artificial intelligence in the gaming industry. Two requests for proposals rolled out this month as part of the gaming commission’s research agenda. These research...
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Sports gambling is taking a cue from Wall Street, and it could be a problem for sportsbooks
But first, let’s make a wager. If this was forwarded to you, sign up here. The big story Sports gambling goes Wall Street iStock; Rebecca Zisser/BI How would you like to turn $100 into $1.7 million in a little over a year? Wayne Shelton has a shot at generating the type of return hedge funds...
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What Will U.S. Sports Betting Look Like In 2030?
Gazing out the 11th-floor windows of a downtown Manhattan building at a clear, blue sky, four panelists at the opening day of the SBC Summit North America were asked to look into their crystal balls and present their best- and worst-case scenarios for what the U.S. sports betting landscape might look like in the year...
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Dutch Authority Seizes €12 Million in Gambling Platform Scam Investigation
The Dutch Fiscal Information and Investigation Service (FIOD) has made four arrests and seized over €12 million in a scam involving an online gambling platform, according to a statement released on their official website. The FIOD, collaborating with the Public Prosecutor’s Office, initiated the investigation following complaints from investors who...
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DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy
When it comes to gambling, over a long enough time frame, the house always wins. And that appears to be the case with daily fantasy sports contest and sports betting company DraftKings, which on Friday (May 3) reported that its revenue had grown 53% year-over-year in the first quarter of 2024. “DraftKings’ performance in the first quarter of...