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Cantor Gaming looking For Nevada Slots

Cantor Gaming, a mainly technology company that announced last year that it had ceased operating online casinos although it would continue to licence software, has applied for a slot route in Nevada, reports the Las Vegas Review-Journal.
 
Cantor is an offshoot of a major New York-based financial services provider and has a number of irons in the gambling industry fire. The company is operating the race and sports book at the month-old M Resort, using its "in-running" technology. It has also been successful in obtaining permission to offer

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land casinos its remote gambling device for use on-premises, branded eDeck, and last year acquired a Nevada holding company owned by Mickey Wichinsky (see previous InfoPowa report) that included several gambling-related businesses and an impressive library of slot machine games and technology.
 
Part of the latter acquisition was a small slot machine route operation, and it is this enterprise for which Cantor sought land operating permission last week.  The operation is small by any standards - two dozen slot machines in five Southern Nevada locations, including a laundry and the Moose Lodge.
 
"The deal wasn't so much to get the slot route as it was to purchase 50 years of intellectual property," Phil Flaherty, a consultant to Cantor Gaming, told LVRJ, explaining that the main benefit to Cantor from the acquisition was Wichinsky's casino games so the titles could be integrated into Cantor's existing products.
 
However, the Wichinsky transaction brought with it a small slot machine route business, where the company manages the devices and shares in the revenues with the locations where the slots are situated.
 
"The route operation wasn't that large, maybe about 100 devices on the route," Flaherty said. "It was part of the entire transaction."
 
Last week Cantor asked the Nevada Gaming Control Board for approval to operate five slot machines at the Pecos Laundry in Las Vegas, five machines at the Loyal Order of Moose Lodge No. 1763 in Las Vegas, three slot machines at the North Las Vegas Elks No. 2353, seven slot machines at the SuperMercado Rincon Latino in Las Vegas and two games at Mr. Deli in Las Vegas, according to the LVRJ report.
 
Restricted slot machine locations allow for up to 15 machines per location.
 
If permission is given Cantor will hardly constitute a serious competitive threat to the market leader. Herbst Gaming is Nevada's largest slot machine route operator with a total of some 6 800 slot machines in roughly 600 locations statewide.
 
The sector has suffered in a tough economic environment in recent months, with Herbst reporting 10 to 20 percent quarterly declines in business.



Gambling News :

Alegriabet Finally Launches - Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports

International Table Tennis Federation in deal with Sportradar. - The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.

NBA odds on Thunder vs. Pacers Game? - This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

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