Thursday,  November 3, 2011 :  CANTOR LAUNCHES NEW VEGAS SPORTSBOOK
 
The Venetian hosts new betting service
 
The sportsbook agreement between Cantor Gaming and The Venetian in Las Vegas signed earlier this year came to fruition this week with the launch of the new sportsbook at the luxurious resort hotel and casino on The Strip.
 
"Three years since beginning our partnership with Cantor Gaming, the launch of the state-of-the-art race and sports book here at The Venetian has literally changed the game of sports betting," said John Caparella, president and chief operating officer of The Venetian Las Vegas.
 
"With Lagasse's Stadium at The Palazzo and now our cutting-edge race and sports book at The Venetian, we have upped the ante and are challenging the standard. It's no longer just sitting back and watching – we've created an interactive and lively atmosphere for sports enthusiasts and true gamers."
 
The new race and sports book opens after the completion of a three month multi-million dollar refurbishment project spanning approximately 10,000 square feet. The sports trading environment is boosted by high-quality visual entertainment with the installation of one of the world's largest high definition 4mm black video screens dedicated to multiple sports games and races. In addition, the state-of-the-art venue offers surround sound, a sleek design and the largest number of carrels in any Cantor Gaming race and sports book.
 
Lee M. Amaitis, president and chief executive officer of Cantor Gaming, said: "We are proud to unveil our new race and sports book. It's absolutely revolutionary, with a sleek and contemporary sports betting environment offering patrons the most sophisticated experience on the Strip. Combining high-end, real-time technology and visual entertainment with a stunning design that includes marble flooring and our signature branding, our book is guaranteed to provide sports fans with the ultimate luxury sports wagering experience."
 
A company spokesman said that Cantor Gaming's approach to sports wagering replicates a Wall Street trading model. With its unique technology, race and sports book patrons can place numerous bets on different outcomes throughout a sporting event. In the same way that prices in the financial markets are constantly updated, Cantor's lines and spreads change continuously as the action in a game evolves.