Intralot Expands Wagering In Three Municipalities With Simplebet Deal
Sports betting operator Intralot will expand its in-play wagering offerings in DC, New Hampshire and Montana through a deal announced today with machine-learning based odds-provider Simplebet. Simplebet’s automated service quickly adjusts odds on what it calls “micro-markets," the individual events that occur in a game -- like the outcome on a single possession in basketball or football or pitch in baseball -- the likelihood of which can change rapidly rapidly. Intralot’s deal in DC gives makes it the exclusive operator of mobile sports betting in the district, though teams can strike deals with other sportsbooks to operate within their stadiums and arena. Simplebet also has deals with FanDuel and PointsBet.