Cantor Gaming`s `in-running` a huge hit for March Madness, NBA Playoffs and the
Kentucky Derby
LAS VEGAS--(Business Wire)--
Cantor Gaming, an affiliate of global financial services company Cantor
Fitzgerald, today announced that `in-running` betting - wagering on live
sporting events throughout the event - will be available at the M Resort`s
state-of-the-art Race and Sports Book during this Saturday`s Preakness Stakes.
The M Resort, which opened in Las Vegas on March 1, became the first
resort-casino in the country to offer in-running betting during the NCAA
Basketball Tournament.
Following the success of in-running betting during March Madness, Cantor Gaming
expanded its in-running sports offerings, giving customers the opportunity to
wager on the NBA Playoffs as well as the Kentucky Derby. Kentucky Derby bettors
were able to bet on the favorite, Friesen Fire, against the field and on a
selected trifecta of favorites against the field, up until the 16th pole of the
final stretch.
"Cantor Gaming has been a fantastic partner for the M Resort. Their commitment
to developing and delivering state-of-the-art technology has put the M Resort`s
Race & Sports Book at the top of the list for sports bettors," said Joseph A.
Magliarditi, M Resort Executive Vice President and COO.
Lee Amaitis, President of Cantor Gaming commented, "Customers are really
embracing `in-running.` We`ve seen tremendous interest at the M`s Sports Book
with guests wanting to experience it for themselves. We could not be more
pleased and look forward to offering guests the chance to place live bets during
the Preakness this Saturday."
Later this year Cantor Gaming expects to extend in-running wagering to more
sporting and racing events including The Belmont Stakes, Major League Baseball,
football and Grand Slam tennis Tournaments. Casino guests can enter the action
when they wish, throughout the event, giving them the ability to hedge against
bets placed at the beginning of an event.
Anyone interested in in-running can go to the M Resort, open an account and
either place bets from terminals in the Race and Sports Book or check out a
portable betting tablet to carry with them throughout the sports book.
ABOUT CANTOR GAMING
Cantor G&W LP is an affiliate of global financial services firm Cantor
Fitzgerald, which has over 60 years experience and unparalleled expertise of
highly secure real-time financial transaction processing, management, and
execution. Cantor Gaming offers mobile solutions to the gaming industry as well
as proprietary casino games including XtraOdds Baccarat and Bonus Roulette.
Cantor is the first company licensed as a manufacturer, distributor, and
operator of a mobile gaming system by the state of Nevada and remains the world
leader. For more information, visit www.cantorgaming.com
ABOUT M RESORT SPA AND CASINO
M Resort Spa Casino is located on over 90 acres at 12300 Las Vegas Blvd. S. on
the southeast corner of St. Rose Parkway and Las Vegas Boulevard. Situated
higher in elevation than other resort-casinos on the Las Vegas Strip, the M
Resort provides optimal views of the world-famous Las Vegas skyline from its
guest rooms, suites, conference center and restaurants. The resort offers 390
guest rooms and suites, over 92,000 square feet of gaming, nine restaurants and
five destination bars, more than 60,000 square feet of meeting and conference
space, a state-of-the-art spa and fitness center and a 100,000 square foot
events piazza. Future developments for M Resort will bring up to one million
square feet of retail in a partnership with Taubman Centers Inc. and a 14-screen
digital movie entertainment complex. For more information, visit
www.theMresort.com.
Media
Cantor Gaming
Florencia Panizza, +1-212-294-7938
fpanizza@cantor.com
OR
Jonathan Watt, +1-212-610-2423
jwatt@cantor.com
OR
M Resort
Preferred Public Relations
Rina Foster, +1-702-254-5704
rina@preferredpublicrelations.com
OR
Riley Meredith, +1-702-254-5704
riley@preferredpublicrelations.com
Copyright Business Wire 2009
