Cantor Gaming Gains Final Licensing Approval to Run Sports Wagering at The Venetian and The Palazzo

LAS VEGAS, Aug. 25, 2011 /PRNewswire/ -- Cantor Gaming announced today that it has received final licensing approval by the Nevada Gaming Commission and Gaming Control Board to operate the Race & Sports Books at The Venetian and The Palazzo.  

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With these approvals in place, Cantor Gaming will begin operating the Race & Sports book at Lagasse's Stadium at The Palazzo on September 1, 2011.  Cantor Gaming is constructing an entirely new race and sports book at The Venetian that will feature its renowned world-class technology platform and sports trading environment, providing patrons with a luxury sports trading experience.  Completion is expected in early November.

Lee M. Amaitis, President and Chief Executive Officer of Cantor Gaming, commented: "We are thrilled to have an enhanced presence at The Venetian and The Palazzo, building upon our superb relationship with Las Vegas Sands Corp's two iconic Strip destinations.  We look forward to welcoming customers to our sports book at The Palazzo shortly and -- with refurbishments well under way -- we are equally excited about unveiling a new world-class sports book at The Venetian later this year."  

About Cantor Gaming

Cantor Gaming is an affiliate of the global financial services firm Cantor Fitzgerald, which has over 65 years experience and unparalleled expertise of highly secure, real-time financial transaction processing, management, and execution.

Known globally for superior financial technology and real-time and secure execution of financial transactions, Cantor's clients include the world's leading banks and trading firms. Cantor's technology drives over $500 billion in transactions for the world's capital markets every day.

At Cantor Gaming, we have built upon Cantor's legacy of integrity and excellence and its unmatched financial technology to create an innovative and unique gaming system that we believe is revolutionizing the gaming experience in Las Vegas.

Cantor Gaming is the first company licensed by the Nevada Gaming Commission to manufacture, distribute and operate a mobile gaming system in the state. We provide casinos with a complete mobile gaming solution, including a proprietary wireless gaming system, full back-office infrastructure and a portfolio of casino games.

Cantor Gaming is the exclusive sports book operator at the M Resort Spa Casino, the Hard Rock Hotel & Casino, the Tropicana Las Vegas and the Cosmopolitan of Las Vegas.

We're passionate about the way in which technology can transform gaming, and are continuously innovating our operation of race and sports books, and updating our products and technology to enable casinos to offer their customers a unique experience.

SOURCE Cantor Gaming