Condusiv: Sports Betting Emerges as New Data-Intensive Industry
Summary
“One of the lures of sports gambling is the ability to bet on a huge number of permutations: so many first downs in the second quarter, whether a quarterback will fumble in an upcoming pass rush, whatever it might be.” GLENDALE, Calif. (PRWEB)February 19, 2019 [1] “One of the lures of sports gambling,” says James D’Arezzo, CEO, Condusiv Technologies , “is the ability to bet on a huge number of permutations: so many first downs in the second quarter, whether a quarterback will fumble in an upcoming pass rush, whatever it might be.” D’Arezzo, whose company is the world leader in I/O reduction and SQL database performance , adds, “Accommodating these bets requires virtually real-time odds calculation and wager acceptance; in the background, the company’s IT department will be scrambling to keep up with the action.” [2] At the moment, however, according to the American Gaming Association, the volume of illegal betting—an estimated 95% of total gambling on the 2019 Super Bowl—still dwarfs the amount going through sanctioned channels. While sports betting was already specifically covered by the Wire Act, the Justice Department’s new ruling could place severe limitations on other activities of the gaming companies who run the sportsbooks.
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