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Technology Evolution

Product: In-Running Sports Product on Mobile DevicesManufacturer: Cantor Gaming

Technology Evolution

Product: In-Running Sports Product on Mobile Devices
Manufacturer:
Cantor Gaming

In 2004, Cantor Fitzgerald launched its gaming business, Cantor Gaming, with a technology platform based on its system for financial transactions. Cantor Fitzgerald has been at the forefront of financial and technological innovation since Bernie Cantor, the firm’s founder, pioneered screen brokerage in 1972. This technology evolved into the eSpeed electronic trading platform for trading U.S. government bonds, and transformed the way these securities are traded.

Since its launch, Cantor Gaming has developed a complete end-to-end mobile gaming solution, including a wireless, server-based gaming system, eDeck, the first mobile gaming device approved for use in Nevada. Having gained regulatory approval, Cantor Gaming was chosen as the exclusive provider of mobile gaming technology services to Las Vegas Sands Corp. at its Venetian and Palazzo properties, as well as the M Resort Spa & Casino.

Cantor Gaming was also the first company to launch in-running sports wagering in the state of Nevada with its introduction at the new M Resort Spa & Casino’s race and sports book. In-running wagering allows casino guests to bet on a variety of outcomes in live sporting events throughout the event. This new product opened for action with the 2009 NCAA March Madness basketball tournament and continued throughout the NBA playoffs, horse racing’s Triple Crown and PGA Golf’s major tournaments. In-running wagering is currently offered for select Major League Baseball games.

“We are obviously delighted to have reached this stage in the evolution of mobile gaming within the state of Nevada,” says Cantor Gaming President and CEO Lee Amaitis. “In-running is truly the future of sports betting. Already customers have been hugely receptive to in-running and are thrilled with this revolution in sports wagering technology.”

Cantor’s Chief Technology Officer Sunny Tara says in-running sports wagering will be available on mobile devices similar to the iPhone when the upcoming football season begins.

“Our patrons will have the opportunity to place wagers on the money line, point spread, totals for both the entire game and the first half, as well as other proposition bets such as whether the next play yields 20 yards or a drive has another first down.”

The product will initially be offered at M Resort, the Venetian and the Palazzo.

For more information on Cantor Gaming’s in-running sports product and eDeck 1.5 mobile gaming product, e-mail Cantor Gaming at [email protected].

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