ANOTHER STRING FOR CANTOR'S ON-PREMISES MOBILE GAMBLING

25 July 2008

Cantor Fitzgerald subsidiary acquires on-premises mobile gambling interests


The New York-based Cantor Fitzgerald group, already in a strong proprietary technology position in the new market of mobile gambling on licensed land casino premises, acquired a second string to its bow this week with the acquisition of Michael “Mickey” Wichinsky’s family of businesses by subsidiary Cantor Gaming.

The group now owns the Wichinsky company’s comprehensive catalogue of casino games, its intellectual property and gaming expertise, and its full library of art, designs and technology.

The acquisition provides Cantor Gaming with one of Nevada’s richest portfolios of gaming content, developed over 50 years. Mickey Wichinsky will remain as a consultant to the company as Cantor integrates and adapts games and content from the Wichinsky catalogue onto its mobile gambling device, eDeck.

eDeck is currently undergoing field trials at The Venetian in Las Vegas.

Lee Amaitis, President of Cantor Gaming, commented: “Mickey Wichinsky is one of the most successful and respected game developers in Nevada. His experience in gaming IP is unparalleled in the business. We’re honored to be working with him, and excited about the possibilities that this acquisition opens up for Cantor Gaming.

"We have been developing a number of proprietary games for our eDeck platform and with this move we have added some of the most creative and successful content in Nevada gaming to our inventory of games. The long tradition and quality that Wichinsky brings, coupled with Cantor’s innovation and our new wireless technology, will give visitors to Las Vegas an experience that we think is truly unique.”

Mickey Wichinsky, added: “What Cantor Gaming is doing in Las Vegas is changing the rules for casinos. With mobile gaming, operators can give customers the freedom to game where and when they choose on the premises. The wireless technology means casinos can tailor the content to their customers’ preferences, and there’s no limit on the number of new games they can add. This gives Cantor Gaming, and the casino operators that work with them, enormous creative potential and I’m pleased to be contributing to that.”

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