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CG Technology Problems with Nevada Gaming Authority

Wednesday May 28,2016 :  CG TECHNOLOGY IN HOT WATER WITH NEVADA GAMING AUTHORITY

Known software issue underpays thousands of customers.

CG Technology (formerly Cantor Gaming) is the subject of a formal complaint laid by the Nevada Gaming Control Board (NGCB) for allegedly underpaying customers on over 20,000 winning bets totalling $700 000.

In addition, the complaint outlines an amount of $100 000 which was reportedly overpaid on around 11,000 parlay wagers over a three year period.

According to the NGCB complaint, CG Technology also attempted to impede its investigation which was initiated after winners complained of being underpaid.

NGCB is seeking the award of penalties for six complaints amounting to around $100,000 along with further disciplinary actions against the company’s licence, the Las Vegas Sun reports.

The issue goes back to an investigation into incorrect payments from CG Technology spanning August 2011 to April 2015.  CT Technology said a software issue had been responsible for the errors and undertook to rectify the problem.

However, new complaints from March 2015 suggest the problem continued after a bettor reported being underpaid.

The NGCB said its investigation has revealed incorrect payments due to software issues which were known to the company and only after the authority initiated action did CG Technology begin the process of identifying patrons affected.

CG Technology will no doubt be put under the microscope at the Nevada Gaming Commission’s next meeting scheduled for June.

Readers will recall CG Technology’s censure and the implementation of a hefty penalty by the NGCB back in January 2014 over it failing to identify its vice president of race and sports risk management Michael Colbert’s involvement in an illegal messenger betting operation .  The company rebranded from Cantor Gaming shortly afterwards.



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Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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