Cantor Gaming® Signs Long-Term Agreement With Golden Gaming LLC To Offer Sports Wagering

LAS VEGAS, Nov. 14, 2012 /PRNewswire/ -- Cantor Gaming® has signed a long-term agreement with Golden Gaming LLC ("Golden Gaming"), to operate the race and sports book at the Pahrump Nugget Hotel & Casino. This marks Cantor Gaming's first Nevada-based agreement with a leading gaming operator outside of Clark County. The deal is subject to regulatory approval.

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Under the terms of the agreement, sports wagering enthusiasts will be able to wager in the Cantor Race & Sports book at the Pahrump Nugget Hotel & Casino. In addition, they will be able to sign up for a Cantor Mobile Sports wagering account and download the application that allows sports wagering anywhere with Nevada.  Cantor's sports application can be used on smart phones, PCs and tablets via Cantor Gaming's Wi-Fi enabled solution which contains Cantor's entire suite of sports wagering products including Better Odds Parlays™. 

"We are delighted to partner with Golden Gaming and operate a Cantor Race & Sports Book at the Pahrump Nugget," said Lee M. Amaitis, President and CEO of Cantor Gaming®.  He continued: "This agreement marks a new milestone for Cantor Gaming as we continue to extend our footprint throughout Nevada."

Blake Sartini, Founder, Chairman and CEO of Golden Gaming said: "We've chosen to partner with Cantor Gaming®, a highly respected sports gaming provider known for innovation and outstanding quality, because it has earned a reputation as Nevada's best developer and operator of sports wagering solutions that offers superior technology and immense customer satisfaction. We are confident this new partnership will enhance our customer experience and we look forward to working with the Cantor Gaming® team."

About Cantor Gaming®
At Cantor Gaming®, we have built upon Cantor Fitzgerald's legacy of integrity and excellence and its unmatched financial technology to create an innovative and unique gaming system that 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 operate race and sports books across seven Las Vegas resorts, providing our patrons with an array of over the counter and account-based race and sports wagering at betting carrels, as well as casino-style mobile gaming.  Cantor Gaming® offers casinos the convenience of complete mobile gaming and race and sports book solutions, including proprietary wireless gaming and sports book system, full back-office infrastructure and a portfolio of casino games and wagering products. In addition, sports betting fans can wager on-the-go from anywhere within the state of Nevada with our Android™ and Apple®-compatible mobile sports wagering application, or by using their personal computing devices, including desktop computers, laptops, tablets and smart phones with our Wi-Fi enabled sports wagering solution. We are passionate about applying technology to transform gaming and we are continuously using innovations in the operation of our race and sports books, and enhancing our products and technology, to offer customers a unique and memorable gaming experience.

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.

About Golden Gaming
Golden Gaming, LLC (Golden Gaming) was established by the Sartini family in October, 2001. Currently, along with Golden Mardi Gras, Inc., Golden Gaming operates three divisions: Golden Casino Group, consisting of the Golden Mardi Gras Casino, Golden Gates Casino, and Golden Gulch Casino in Black Hawk, Colo., and the Pahrump Nugget Hotel & Casino,  Gold Town Casino, and Lakeside Casino in Pahrump, Nev.; Golden Route Operations, Nevada's largest slot route operator with more than 8,500 machines in more than 640 locations throughout the state; and PT's Entertainment Group (PTEG), Nevada's largest tavern operator with 41 establishments. PTEG's Southern Nevada holdings include PT's and Sierra Gold. PTEG operates under three brands in Northern Nevada: Sierra Gold, Sierra Junction, and Sparky's Bar & Grill. Each location features the exclusive and proprietary Golden Rewards player rewards program. Golden Gaming employs more than 2,100 team members throughout Nevada and continues to position itself as a premier, diversified gaming operator of casinos, taverns, and gaming devices. For more information, visit www.goldengaminginc.com.

 

SOURCE Cantor Gaming




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