RecentPoker RecentPoker.com
Home Page RecentPoker.com Online Poker Rooms Casino Bonus Online Casinos Casino News Gaming News gaming News Gambling Articles World Series Of Poker No Deposit Bonus
Online Slots
        Gambling Affiliates     |     Gambling Guide     |    Slot Tournaments Finder     |     Poker Pros    |     Recentpoker Twitter
   
Online Casino
Biggest Casino Bonuses
SlotsLv
$22 No Deposit Bonus
SlotsLV no deposit
Betonline Casino
$900 Signup Bonus
Betonline Bonus Code
Bovada Casino (Bodog USA)
$3000 Signup Bonus
Bovada Bonus Code
SlotsPlus Casino
$7000 SignUp Bonus
SlotsPlus First deposit bonus
ManhattanSlots
$767 x2 Signup Bonus
ManhattanSlots
Biggest Poker Bonuses
Bovada Poker (Bodog USA)
$1000 Sign Up Bonus
bovada poker bonus code
888Poker
$88 No Deposit Bonus
888 Poker no deposit bonus
Party Poker
$500 Sign Up Bonus
PartyPoker no deposit bonus
BetOnline Poker
$900 Sign Up Bonus
Betonline Poker bonus code
USA No Deposit Bonus

No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review

Best USA Casino Bonus

Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.

 

Bovada Casino Bonus Code

 
High Noon Casino no deposit bonus

CANTOR AMBITIONS IN U.S. SPORTS BETTING

Sunday May 27, 2012 : CANTOR AMBITIONS IN U.S. SPORTS BETTING
 
If P.A.S.P.A. is overturned, Cantor could be a tough US market competitor
 
The Wall Street financial trading empire of Cantor Fitzgerald, through the activities of its Cantor Entertainment Technology division, could become a tough nationwide competitor if the sports betting market in the US is ever opened up through changes in the Professional Amateur Sports Protection Act, which currently restricts sports betting to just four US states.
 
Several tax revenue-hungry states are presently considering challenges to the Act, which is widely seen as discriminatory.
 
In its June issue, Bloomberg Magazine looks at the impact that Cantor might have on a broadened market under the colourful and competitive leadershp of CET's chief exec Lee Amaitis (62).
 
Amaitis is quoted as saying that he plans to turn Cantor into a sports-gambling powerhouse, expanding its operations beyond Las Vegas when this is legally possible.
 
“We came here to change the face of the industry,’’ he says, talking about the sports betting business in Las Vegas, where CET has invested $150 million operate and revitalise seven sports books, owned by the Venetian and the Palazzo - part of Sheldon Adelson’s Las Vegas Sands group - and other casinos.
 
Cantor Entertainment Technology was also a pioneer in introducing 'on-premises' wagering in Las Vegas casino resorts using wireless technology on hand held devices, and hopes to start a Nevada-licensed online poker operation too, when licensing in available.
 
Amaitis is clearly in tune with the industry trend toward mobile apps; to promote its new Android app that allows betting from smartphones and tablets in Nevada, Cantor advertised in Las Vegas taxis in February, featuring a curvaceous woman’s derriere with the tag line “Sports Betting on Your Android? You Bet Your App!’’
 
Amaitis's boss, Cantor Fitzgerald chief Howard Lutnick (50) is supportive of the company's gambling ventures, saying: “The idea that we can bring so much technological innovation to that market is a great opportunity. I think it will dramatically add to the size of the market.’’
 
Cantor’s bookmaking software is a modified version of that used by Wall Street traders, the Bloomberg article reveals. It has changed the way sports gamblers at the Venetian bet, providing a 10,000-square-foot room furnished with 118 bright-red betting stations. Cantor installed a 100-foot-wide TV screen that can show 34 sporting events at once.
 
Cantor gets a fee of about 2 percent of some wagers, plus its winnings, which are shared with the casino, and it has expanded revenues significantly. Amaitis claims Cantor’s technology has single-handedly boosted sports betting in Nevada, where wagers increased $311 million from 2009 to 2011, according to the state gaming board.
 
But Amaitis's biggest bet is that the US Congress will mute P.A.S.P.A., allowing sports wagering to spread across the country.
 
His vision is shared by rival Joseph Asher of the recently acquired William Hill plc sports betting subsidiary Brandywine Bookmaking, who told Bloomberg:
 
“I don’t think there’s any doubt that one day sports betting will be legal and widespread in the U.S. It’s widespread already. But it’s illegal.’’
 
The Bloomberg piece reveals that in Nevada, sports gamblers bet $2.9 billion in 2011 - a tiny fraction of the $380 billion that Americans wager illegally each year, according to a 1999 report by the National Gambling Impact Study Commission.
 
Asher was a senior exec at Cantor Entertainment until he left in 2007 to set up Brandywine Bookmaking, which also manages risk for Delaware’s sports lottery. Along with two other Nevada acquisitions , buying Brandywine gave William Hill over 10 percent of the state's sports betting market, competing against Cantor's 14 percent.
 
Amaitis and Asher appear to have an acrimonious relationship which has resulted in court actions between the two companies.
 
The idea of Cantor entering the gambling industry originated with Amaitis back in 1996, when he worked in the London offices in charge of international business development. After watching a client in Tokyo playing internet poker whilst trading bonds, he could appreciate the potential.
 
Four years later the company engaged with the industry through a UK-based online financial spread betting business branded Cantor Index. The experience gained led Amaitis to start thinking about Las Vegas extensions of the basic concept of mobile gambling in 2005, and the company began lobbying for the 'on premises' legalisation of mobile activity in Nevada hotel casino resorts.
 
With legislative approval, Cantor had manufacturers produce 500 eDeck hand-held devices for loan to visitors to gamble on whilst on casino premises.
 
Cantor, which is phasing out the hardware as it deploys its own apps made possible by mobile technological advances, collects the winnings and fees.
 
Nevertheless, CET has reportedly been struggling to make a significant profit, and filed for an IPO to raise capital in December 2011, admitting in its prospectus that although gamblers bet $362 million with the company in the first nine months of 2011, the company had incurred losses of $22.2 million in the same period.
 
The Bloomberg piece notes that Amaitis is not lacking in confidence, predicting that Cantor will dominate sports betting in Nevada despite competing against giants like Caesars Entertainment and MGM Resorts, which control over half the market.
 
“I can tell you, Cantor will dominate sports in Nevada,’’ Amaitis boasts.

USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.



Gambling News :

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

SOUTH KOREANS BUSTED IN THAILAND ON ONLINE GAMBLING CHARGES - Those detained were named as Jeong Kyujin (35), Han Kyoreh (26), Choi Sung Ming (35) and Bae Jeonghwan (26), all of whom claimed that they had bene hired by a Korean man to operate online gambling sites.

China Lottery Sales Up in 2016 - The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).

New chairman and a new director for 500.com - Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.

Russian betting Sites to face rise in tax rates - Online bookies also pay a 1 percent commission on each transaction through the TSUPIS, and face levies at 5 percent of GGR to assist Russian sports federations.

  Top 6 Poker Sites - Editor’s Pick
Poker Room
Info
Code
Bonus
Bovada Poker
1349384
$1000
BetOnLine Poker
None Needed
$900
ACR
None Needed
$1000
Fulltilt Poker Bonus Code Fulltilt Poker
None Needed
$10 ND
888 pacific poker 888Poker
None Needed
$400
PartyPoker PartyPoker
500free
$500
  Top 6 Casino Sites - Editor’s Pick
Casino
Info
Code
Bonus
SlotsPlus Casino
Claim20
$20 ND
Bovada Casino
1349384
$3000
MapleCasino Bonus Code MapleCasino
None Needed
Free Spins
SlotsLV
Slots22
$22 ND
Buzzluck Casino
Buzzluck
$868
SlotLand
FREE33RCNT
$33 Nd

Casino No Deposit Bonus Copyright © 2004-2016 | Recentpoker.com | All Rights Reserved. Copyscape Protected No Deposit Bonus Codes
Recentpoker.com

Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.

http://www.recentpoker.com