Cantor Gaming and Las Vegas Sands Corp. have signed a long-term agreement for Cantor Gaming to operate the race & sports books at The Venetian and Palazzo. This agreement significantly expands the relationship between Cantor Gaming and these two iconic Strip destinations, which began in 2008 when Cantor Gaming was selected as the exclusive provider of mobile gaming and in-running sports wagering at both resorts.
Under the new agreement, Cantor Gaming will operate the race & sports books at The Venetian and Palazzo and invest in building out the sports book at The Venetian to enhance the sports trading environment.
“We have enjoyed a superb relationship with Las Vegas Sands Corp. and we are delighted to enter this new phase with them,” said Lee M. Amaitis, president and CEO of Cantor Gaming. “We have committed to a multi-million dollar investment in building out the sports book at The Venetian to create a spectacular new sports trading environment. Our vision is to create a transformational, sophisticated, state of the art sports book which we’re confident will be a home run for The Venetian and its customers.”
Cantor Gaming’s approach to sports wagering replicates a Wall Street trading model. With Cantor Gaming’s 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.
“The innovative technology that Cantor Gaming brings to sports wagering, and its demonstrated vision and style in creating unparalleled sports book environments, will help us deliver an outstanding customer experience at both The Venetian and Lagasse’s Stadium at The Palazzo,” said Robert G. Goldstein, president of global gaming operations, Las Vegas Sands Corp.
Cantor Gaming and Las Vegas Sands ink sports wagering deal
July 6, 2011