CG Technology™ Signs Agreement With Baha Mar To Provide Race & Sports Wagering Technology And Mobile Sports Wagering At The Luxury Baha Mar Resort

-- Baha Mar patrons will be able to wager in CG Technology's state-of-the-art race and sports lounge at the casino and all around the resort, by using CG Technology's Wi-Fi enabled sports wagering platform on their Apple® or Android™ devices

--CG Technology's race and sports offering will act as a natural complement to the Baha Mar Casino & Hotel, which will be home to 100,000 square feet of gaming excitement

News provided by

CG Technology

Dec 12, 2014, 09:00 ET

NASSAU, The Bahamas, Dec. 12, 2014 /PRNewswire/ -- CG Technology™, a preeminent technology company, and Baha Mar, the $3.5 billion global gaming destination resort in Nassau, The Bahamas, today announced an agreement under which CG Technology will provide a complete mobile sports wagering system at the Baha Mar resort. Additionally, CG Technology will provide risk management consulting services to Baha Mar.

CG Technology logo

Under the terms of the agreement, Baha Mar will build a state-of-the-art race and sports lounge at the Baha Mar Casino & Hotel, the crown jewel of the resort. The casino, which will be the largest in the Caribbean with more than 100,000 square feet will feature panoramic ocean views as well as the latest gaming technologies. The new race and sports lounge will offer sports wagering fans a sleek and sophisticated wagering environment that includes the very latest in technological advancements, convenience and modern signature style.

Baha Mar patrons will be able to wager on sports by downloading CG Technology's sports wagering application, CG Sports, on their Apple® or Android™ devices or on their wireless-enabled personal computing devices, including tablets and smart phones, with CG Technology's Wi-Fi enabled sports wagering solution.

"We are pleased to bring our state-of-the-art technological offerings to Baha Mar, the largest and most exciting new resort in the Caribbean," said Lee M. Amaitis, President and CEO of CG Technology. He continued: "This agreement highlights the versatility and innovation of CG Technology's product offering and we are delighted to partner with Baha Mar to usher in a new era of luxury resort vacations in The Bahamas."

"Our agreement with CG Technology will provide visitors to Baha Mar with a world-class sports wagering experience," Paul V. Pusateri, Baha Mar's Chief Operating Officer, said. "CG Technology's one-stop shop for premier technology will enhance the Baha Mar gaming experience through every corner of our property, from our casino floor to our pool decks, from the beach to the golf clubhouse. These advanced technologies will make Baha Mar the new iconic gaming destination in North America."

About CG Technology™
CG Technology™ is an innovative gaming technology solutions provider for lottery, gaming, race and sports wagering worldwide. We specialize in providing secure, scalable, mobile technology and risk management solutions to integrated resorts, gaming partners, race and sports books and lottery industries worldwide. Our technology solutions are designed to meet the highest standards of regulatory compliance, transactional security and customer experience. Headquartered in Las Vegas, Nevada, CG Technology continues to expand into new global markets and offer its partners gaming and manufacturing expertise and superior technology solutions. Our products include Android™ and Apple® compatible applications for sports wagering and real-money casino gaming, as well as our state of the art account-based wagering system.

Outside of the U.S., CG Technology has licensed its sophisticated mobile gaming and race book and sports pool systems, as well as risk management consulting services, to Atlantis, Paradise Island in the Bahamas and its systems to Logrand Group in Mexico. In addition, CG Technology has an agreement with Celebrity Cruises to offer its innovative mobile gaming technology on a selection of high-end Celebrity Cruises ships, marking the first time the cruise industry has offered customers a mobile casino gaming application. CG Technology is passionate about applying best-in-class technology to offer customers a unique, innovative and memorable gaming experience. For more information please visit: http://www.cgtglobal.com

About Baha Mar

Baha Mar is set on 3,000 feet of white sandy beach just 10 minutes from Nassau's fully renovated and expanded international airport. It will feature an elite collection of hotel brands with gaming, entertainment, private residences, shopping and natural attractions that reflect an authentic Bahamian experience. The resort's Grand Opening celebration is planned for Spring 2015. The Baha Mar Casino & Hotel includes a 1,000-room hotel and a 100,000-square-foot Las Vegas-style casino. Baha Mar also will include a 700-room Grand Hyatt, a 300-room SLS LUX, and a 200-room Rosewood at Baha Mar. Amenities will include a TPC at Baha Mar Jack Nicklaus Signature golf course; 200,000 square feet of flexible convention facilities, including a 2,000-seat entertainment venue; an ESPA spa; art galleries featuring Bahamian art; more than 40 restaurants, bars and clubs; global luxury designer and local artisan boutiques; and 20 acres of exquisitely landscaped beach and pool experiences, including a beachfront sanctuary with native Bahamian flora and fauna. In addition, upon completion of renovations, the all-inclusive Melia Nassau Beach will become part of Baha Mar. For more information please visit www.bahamar.com.

Logo - http://photos.prnewswire.com/prnh/20140926/148652

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cg-technology-signs-agreement-with-baha-mar-to-provide-race--sports-wagering-technology-and-mobile-sports-wagering-at-the-luxury-baha-mar-resort-300008824.html

SOURCE CG Technology