The battle between bookmaker and punters is a confrontation which has been at the heart of sports-betting from its very beginnings. But what is new is the technology that is being brought to bear both by the bookies and increasingly, on the other side of the trade, on the part of the punters. It is an arms race that could …
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Sports VCs back Mercurius Milan as betting’s hottest prospect
Milan-based start-up Mercurius, sports betting data science enterprise confirms that it has raised €500,000 completing its second round of venture capital funding. Mercurius is founded by the engineering trio of Fabrizio Machella (CEO), Lorenzo Malanga (Data Science Chief) and Mario Ciardulli (CMO) seeking to develop new algorithms and components treating sports betting as a ‘new alternative asset class’ open to …
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