Doyal D’angelo Cronkite News If you make a purchase after clicking on links within this article, Lee Enterprises may earn affiliate commissions. The news and editorial departments had no role in the creation or display of this content. PHOENIX – Sports gambling operators are using artificial intelligence to track and limit problem gambling exposure for...
Tag: artificial intelligence
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AI key to new Colombian gambling regulation tool
Colombia’s regulated online gaming operators have helped launch an artificial intelligence-led tool for monitoring illegal activity. The Coljuegos Artificial Intelligence Center (CIAC) was sent live by the Colombian gambling regulator on Wednesday. The tool will allow illegal online betting activity, as well as land-based tax revenues, to be monitored in real time. Representatives from the...
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Federal Bill Targets AI and Credit Cards in Sports Betting | PYMNTS.com
A newly proposed bill would require states that allow sports betting to meet minimum federal standards covering advertising, affordability and artificial intelligence. The SAFE Bet Act was introduced Thursday (Sept. 12) by Congressman Paul D. Tonko, D-.Y., and Sen. Richard Blumenthal, D-Conn., according to a press release issued Friday (Sept. 13) by Tonko’s office. The bill aims...
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Experts weigh in on effectiveness of artificial intelligence in sports betting
BEAUMONT — Artificial intelligence is revolutionizing the way we approach various industries, and sports betting is no exception. From predicative analysis to automated betting systems, it’s drawing out data that could help predict which of your favorite teams will win. But how much of a game changer is this for avid sports fans? Peytyn Merritt...
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AI and Online Gambling: All You Need to Know
Gambling has been a favored pastime for centuries. In the last few decades, thanks to the inception of the internet and mobile devices, enjoying everything from sports betting to slots and table games is more accessible than ever before. With a unique need to curate unrivaled player experiences, this is a niche that is driven...
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Sportradar offering live sports data and social media ad integration – Sportcal
Sportradar claims to be the first in the betting industry to provide social media video adverts that are powered through live sports data and odds. (Sportradar imagery) Sports technology heavyweight Sportradar has today unveiled the addition of live sports betting and data content into its ad:s social marketing service. The new feature has initially been launched...
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How AI is transforming sports betting for better odds
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....
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Agility & Resilience, Leading Finance Digital Infrastructure Innovation
SHENZHEN, China, June 7, 2024 /PRNewswire/ — International financial institutions and global partners gathered at the HiFS Frontier Forum 2024. Together they discussed how to use cloud, network, storage, and computing coordinated infrastructures to increase the resilience of financial systems and support financial service innovation while achieving zero downtime, zero wait, zero touch, and zero...
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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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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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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...