Cantor Gaming and The Venetian Las Vegas Announce the Launch of the Las Vegas Strip's Newest Race and Sports Book

LAS VEGAS, Nov. 1, 2011 /PRNewswire/ -- Cantor Gaming®, a leading race and sports book operator in Nevada, and The Venetian® Las Vegas, one of the world's most luxurious resort and convention destinations, are proud to announce today the launch of the race and sports book at The Venetian Resort-Hotel-Casino, located on the world-renowned Las Vegas Strip.  

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"Three years since beginning our partnership with Cantor Gaming, the launch of the state-of-the-art race and sports book here at The Venetian has literally changed the game of sports betting," said John Caparella, president and chief operating officer of The Venetian Las Vegas, The Palazzo® Las Vegas and Sands® Expo and Convention Center. "With Lagasse's Stadium at The Palazzo and now our cutting-edge race and sports book at The Venetian, we have upped the ante and are challenging the standard. It's no longer just sitting back and watching – we've created an interactive and lively atmosphere for sports enthusiasts and true gamers. The choice is simple, The Venetian and The Palazzo now offer the premier sports betting and wagering experiences on the Strip."

The new race and sports book opens today after the completion of a three month multi-million dollar refurbishment project spanning approximately 10,000 square feet.  It promises an unparalleled sports trading environment boosting high-quality visual entertainment with the installation of one of the world's largest high definition 4mm black video screens dedicated to multiple sports games and races.  In addition, the state-of-the-art venue offers surround sound, a sleek design and the largest number of carrels in any Cantor Gaming race and sports book.  

"We are proud to unveil our new race and sports book," said Lee M. Amaitis, president and chief executive officer of Cantor Gaming. "It's absolutely revolutionary, showcasing a sleek and contemporary sports betting environment and offering patrons the most sophisticated experience on the Strip.  Combining high-end, real-time technology and visual entertainment with a stunning design that includes marble flooring and our signature branding, our book is guaranteed to provide sports fans with the ultimate luxury sports wagering experience."

Cantor Gaming's approach to sports wagering replicates a Wall Street trading model.  With its unique technology, race and sports book patrons can place numerous bets on different outcomes throughout a sporting event.  In the same way that prices in the financial markets are constantly updated, Cantor's lines and spreads change continuously as the action in a game evolves.  

Statements in this press release, which are not historical facts, are "forward looking" statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission

About Cantor Gaming

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.  At Cantor Gaming, we have built upon Cantor's legacy of integrity and excellence and its unmatched financial technology to create an innovative and unique gaming system that we believe 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 provide casinos with a complete mobile gaming solution, including a proprietary wireless gaming system, full back-office infrastructure and a portfolio of casino games. We're passionate about applying technology to transform gaming and we are continuously innovating the operation of our race and sports books, and enhancing our products and technology, to offer customers a unique and memorable gaming experience.

About The Venetian Resort-Hotel-Casino

The Venetian Resort-Hotel-Casino, the largest property in the country to receive AAA's Five Diamond and the coveted Forbes Travel Guide Four Star awards, is one of the world's most luxurious resort and convention destinations. Re-creating Venice's legendary landmarks, the LEED® EB Gold (Leadership in Energy and Environmental Design)-certified resort offers unmatched service and quality for leisure and corporate guests. With suites ranging from a standard 650-square-foot Luxury Suite to the luxurious 10,000-square-foot Chairman Suite, the all-suite resort boasts more than 4,000 of Las Vegas' most lavish suite accommodations.  Located in the heart of the Las Vegas Strip, The Venetian features The Grand Canal Shoppes, an indoor streetscape complete with gondolas and singing gondoliers, the Canyon Ranch SpaClub, world-class gaming, exquisite restaurants, a wide variety of entertainment such as "Phantom-The Las Vegas Spectacular," "Blue Man Group," showroom headliners including David Spade, Rita Rudner, Tim Allen and Joan Rivers and extensive convention and corporate services. Guests can earn points while they eat, sleep, shop and play with Grazie, the premiere loyalty program, which rewards guests with the ease and usability of just one card and one program. The Venetian and its sister resort, The Palazzo Las Vegas, are the first ever Alliance Resorts in the InterContinental Hotel Group global portfolio. For additional information, visit venetian.com, follow on Twitter @venetianvegas and interact on Facebook at facebook.com/venetianlasvegas.

The names and brands mentioned above are trademarks and/or registered trademarks of their respective owners.

SOURCE Cantor Gaming