CANTOR'S HAND-HELD READY FOR VEGAS FIELD TESTING

4 April 2008

Technology associate of Cantor Fitzergerald will work with Las Vegas Sands


Three years ago Cantor Gaming, a technology associate of the giant US financial services group Cantor Fitzgerald, pioneered lobbying efforts to introduce remote hand-held gambling devices for on-premises use in Vegas land casinos (see previous InfoPowa report).

Earlier this (March) month the company took this initiative to the next level when it submitted its product to the Nevada authorities for final approval before commencing field tests.

A successful result could position the company in a lucrative if increasingly competitive new technology niche market. Cantor has negotiated an arrangement with the land casino group Las Vegas Sands, owner of the Venetian Resort Hotel Casino, to introduce its handheld gaming product in the public areas of casinos in the United States, Singapore and Macau.

The two companies are also working together to build Internet gaming sites branded for LVS properties. Cantor Gaming is already involved in white label deals for online casinos.

Online Casino News courtesy of InfoPowa