Cantor Gaming to Operate New Race and Sports Book at the Plaza Hotel and Casino

LAS VEGAS, Aug. 31, 2011 /PRNewswire/ -- The Plaza Hotel and Casino and Cantor Gaming announced today that they have entered into a long-term agreement for Cantor Gaming to operate the race and sports book at the recently renovated Plaza Hotel property.  This transaction will also introduce mobile gaming to the heart of downtown Las Vegas.  

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The exclusive long term agreement, commencing in early 2012, will bring Cantor Gaming's cutting edge technology -- including mobile gaming, dynamic In-Running technology and wagering options -- to sports betting customers at the Plaza, in the heart of downtown Las Vegas.  

"By teaming with Cantor Gaming, we will not only have the best sports book in the area, but will also be the first resort in downtown Las Vegas to introduce mobile gaming, a truly exciting milestone," said Tony Santo, president and CEO of Santo Gaming the licensee of Play LV, the operator of the Plaza Hotel and Casino. "We are excited to offer a fully refurbished race and sports book next year. We are confident that with Cantor Gaming, we will introduce an unforgettable sports wagering experience in downtown Las Vegas that matches the stylish, comfortable and classic Las Vegas experience that we have created at the Plaza."  

Lee M. Amaitis, president and CEO of Cantor Gaming, said "We are thrilled and honored that the Plaza has chosen us as its long-term partner, further demonstrating and expanding our leadership position in creating a unique sports trading experience in Las Vegas.  The Plaza is a superb hotel and casino and we look forward to making it the Downtown destination of choice as we apply the latest generation of technology to sports wagering to create a superior customer experience."

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 the way in which technology can transform gaming, and are continuously innovating our operation of race and sports books, and updating our products and technology to enable casinos to offer their customers a unique experience.

About the Plaza Hotel & Casino

The Plaza Hotel & Casino opened in 1971 at 1 Main Street, at the intersection of Main and Fremont Street, and was a fashionable stop on the first train service through Las Vegas. Anchoring the Fremont Street Experience, the Plaza has been an iconic hotel in the heart of downtown Las Vegas for more than 40 years. It sits on 16.5 acres of land and has over 1,000 guest rooms and suites, making it one of the largest hotel-casinos in downtown Las Vegas. Recent renovations have updated and improved the Plaza's ambiance throughout, creating a stylish and comfortable new experience for its guests. www.plazahotelcasino.com .

About Santo Gaming

In 2008, Santo Gaming LLC was founded by Tony Santo, a 30-year veteran of the gaming and hospitality industry who is well known for effectively repositioning casino and hospitality brands, managing a property's daily operations and instituting business processes to ensure success. Santo Gaming specializes in all aspects of casino operations, including day-to-day operations, finance, regulatory compliance, marketing, eCommerce, business development, licensing and contract negotiations, product development and equipment manufacturing.

With significant gaming experience and relationships in most major jurisdictions in the U.S. and Asia, Santo Gaming was hired by the Tamares Group to assist with strategic planning for the group's downtown Las Vegas portfolio. Two years later, Santo Gaming was named the licensee of Play LV, the leaseholder and operator for Tamares Group's three downtown Las Vegas properties: the Plaza Hotel and Casino; the Las Vegas Club Hotel and Casino; and the Western Casino.  Santo Gaming is also the licensee for the Grand Sierra Resort and Casino in Reno, Nev.

SOURCE Cantor Gaming