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Fanatics Betting and Gaming Closes First Wave of States in its Acquisition of the US Businesses of PointsBet

Retrieved on:

Thursday, August 31, 2023

Human, Fanaticism, Marketing, Risk management, 2022 PointsBet Invitational, Android, Sale, IOS, IGaming Business, Acquisition, ADW, NBA, Sport, Growth, Banach

NEW YORK, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Today, Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc., closed on the first eight states in its previously announced acquisition of the U.S. businesses of PointsBet USA. The acquisition transforms Fanatics Betting and Gaming into a premier online gaming operator with proven products in sports betting and iCasino.

Key Points:

The acquisition transforms Fanatics Betting and Gaming into a premier online gaming operator with proven products in sports betting and iCasino.
As each state closes and officially becomes part of Fanatics Betting and Gaming, customers in such state will see PointsBet rebranded to “PointsBet, a Fanatics Experience,” with additional state closings to continue throughout the year.
“We are excited about what we are building at Fanatics Betting and Gaming and this acquisition accelerates our plans,” said Matt King, CEO of Fanatics Betting and Gaming.
Fanatics Betting and Gaming operates in 11 states for legal sports betting, four states for online gaming and 42 states for horse racing (ADW).

Has a mathematician solved the 'invariant subspace problem'? And what does that even mean?

Retrieved on:

Monday, June 12, 2023

The paper is just 13 pages long and its list of references contains only a single entry.

Key Points:

The paper is just 13 pages long and its list of references contains only a single entry.
The paper purports to contain the final piece of a jigsaw puzzle that mathematicians have been picking away at for more than half a century: the invariant subspace problem.

Per Enflo: mathematics, music, and a live goose

By solving the approximation problem, Enflo cracked an equivalent puzzle called Mazur’s goose problem.
Polish mathematician Stanisław Mazur had in 1936 promised a live goose to anyone who solved his problem – and in 1972 he kept his word, presenting the goose to Enflo.

What’s an invariant subspace?

But what about the invariant subspace problem itself?
Another way to think about this is to say that the matrix transforms the eigenvectors (and any lines parallel to them) back onto themselves: these lines are invariant for this matrix.
Taken together, we call these lines invariant subspaces of the matrix.

What about spaces with an infinite number of dimensions?

The invariant subspace problem is a little more complicated: it is about spaces with an infinite number of dimensions, and it asks whether every linear operator (the equivalent of a matrix) in those spaces must have an invariant subspace.
Mathematicians working on this problem narrowed their focus by restricting the problem to particular classes of spaces and operators.
He answered the problem in the negative, by constructing an operator on a Banach space without a non-trivial invariant subspace.

What’s new about this new proposed solution?

Resolving the invariant subspace problem for operators on Hilbert spaces has been stubbornly difficult, and it is this which Enflo claims to have achieved.
This time Enflo answers in the affirmative: his paper argues that every bounded linear operator on a Hilbert space does have an invariant subspace.

Expert review is still to come

Peer review of Enflo’s earlier proof, for Banach spaces in general, took several years.
However, that paper ran to more than 100 pages, so a review of the 13 pages of the new paper should be much speedier.

Manatt Deepens Home-Based and Long-Term Care Capabilities With Prominent Health Leader in D.C.

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Thursday, May 4, 2023

Professional Services, Health, Other Health, Health Insurance, Managed Care, General Health, Consulting, North Carolina Department of Health and Human Services, Accountability Act, White House, LLP, Consumer protection, Intellectual property, Medicare Advantage, Medicaid, Health Insurance Portability and Accountability Act, CMS, University, HHS, Centers for Medicare & Medicaid Services, Single-nucleotide polymorphism, Special needs plan, University of Pennsylvania Law School, Binghamton University, Policy, Long-term care, Privacy, Medicaid Home and Community-Based Services Waivers, Politics, Government, White, Medicare, Community, Patient, Computer security, Health care, Palliative care, Special needs, Knowledge, PACE, Community development, Fraud, Manatt, Phelps & Phillips, HIPAA, D.C, Health insurance, Management, Pharmaceutical industry, Banach, Philosophy

“Innovation is a critical part of enhancing the health care delivery system, something Edo has brought to bear through his in-depth knowledge of health care law and policy across the industry,” said Donna L. Wilson , CEO and Managing Partner of Manatt.

Key Points:

“Innovation is a critical part of enhancing the health care delivery system, something Edo has brought to bear through his in-depth knowledge of health care law and policy across the industry,” said Donna L. Wilson , CEO and Managing Partner of Manatt.
He advises on a variety of federal and state regulatory matters, including the Health Insurance Portability and Accountability Act (HIPAA), fraud and abuse, administrative appeals, privacy and consent, and state licensing issues.
He also counsels clients on Medicare-Medicaid program integrity and overlap as well as on coordinating Medicaid home health partnerships.
“Over the years, Edo has worked with a wide range of health care stakeholders—ranging from payers and providers to states and academic medical centers—across government and law, building a thorough understanding of the complex long-term care landscape through various perspectives,” said Manatt Health Leader Bill Bernstein .

PointsBet Unveils New NFL Live Betting Feature "Lightning Bets," Leading to Record Number of Live Bets During NFL Week 5

Retrieved on:

Wednesday, October 12, 2022

DENVER, Oct. 12, 2022 /PRNewswire/ -- PointsBet, the home of live betting, today announced it has successfully enabled a homepage feature of NFL Lightning Bets on the PointsBet app, leading to a 108% increase in Lightning Bets handle and 184% increase in unique customers using the product week over week. During week 5 of Sunday Night Football, NFL Lightning Bets were the most popular live markets and third highest in terms of handle. This development comes on the heels of PointsBet announcing its upcoming integration of in-app content, featuring clips from PointsBet-produced shows such as The Straight Line with Ryan Leaf, to further build out its live betting functionality.

Key Points:

During week 5 of Sunday Night Football, NFL Lightning Bets were the most popular live markets and third highest in terms of handle.
Placing an emphasis on live betting has become a key objective for PointsBet in its mission to disrupt the sports betting status quo in the North American market.
"Live, in-game betting is not only the future of the American sports market, but it's what the sports bettor wants right now.
Banach, an Ireland-based software company that creates sports betting platforms and algorithms, has been critical in enhancing PointsBet's live betting offerings.

Christian Banach partners with IPaintMyMind to Bring Art Programs to Underserved Communities

Retrieved on:

Thursday, July 14, 2022

Program, Apple, Nike, Banach, LinkedIn, BMO Harris Bank, Martech, Growth, Organization, PROPEL, Partnership, Adidas, Google

CHICAGO, July 14, 2022 /PRNewswire-PRWeb/ -- With non-profits understaffed and struggling to generate revenue, gain donors, and fundraise effectively, many lack resources for the critical sales training necessary to advance their causes. As part of its "adopt a non-profit" program, business development and growth consulting firm Christian Banach has partnered with non-profit arts organization IPaintMyMind. The alliance will help IPaintMyMind generate corporate partnerships and carry out its mission of bringing art programs to underserved communities by bringing the work of emerging artists to businesses.

Key Points:

Christian Banach has partnered with IPaintMyMind to help generate corporate partnerships and carry out their mission of connecting people through the power of art.
As part of its "adopt a non-profit" program, business development and growth consulting firm Christian Banach has partnered with non-profit arts organization IPaintMyMind.
The alliance will help IPaintMyMind generate corporate partnerships and carry out its mission of bringing art programs to underserved communities by bringing the work of emerging artists to businesses.
The organization funds art programs in underserved communities by bringing the work of emerging artists to businesses like LinkedIn, BMO Harris Bank, and Adidas.

PointsBet Successfully Tests 'Always On' Live, In-Game Betting During NBC's Saturday NFL Broadcast

Retrieved on:

Wednesday, January 19, 2022

ADW, Technology, Sport, Banach, Las Vegas Raiders, Cincinnati Bengals, Australian Securities Exchange, NBC Sports, NFL, Chemistry (relationship), NBC, Acquisition, Online gambling

"When we acquired Banach Technology, it was with a precise focus to build toward an 'always on' in-game betting technology experience at PointsBet.

Key Points:

"When we acquired Banach Technology, it was with a precise focus to build toward an 'always on' in-game betting technology experience at PointsBet.
That proprietary technology has been developed quicker than we expected since our acquisition, so we tested it out to its full extremity for an NFL playoff game,"said PointsBet USA CEOJohnnyAitken.
After the successful test run, PointsBet plans to refine its live betting technology, expand its offerings, and optimize the customer experience for the 2022 NFL season.
PointsBet is the official sports betting partner of NBC Sports , with integrations on theFootball Night in Americastudio show and thePeacockSunday Night Football Finalpostgame show.