Cantor Fitzgerald

Lee Amaitis Comments: Cantor To Supply Mobile Gaming In California Casino

June 16, 2012, Las Vegas Review-Journal

Cantor Gaming has entered the tribal gaming market in California.

The Las Vegas-based company said Friday it has reached a deal to provide mobile gaming for Colusa Casino Resort, a tribal casino in Colusa, a town about 68 miles north of Sacramento.

But Cantor Gaming, which is well known as sports books operator, isn't bringing sports wagering to California, where it's illegal to bet on the Sacramento Kings or San Francisco 49ers. Instead, the company will provide a mobile gaming system for the casino.

Games will include Xtra Odds Blackjack and Xtra Odds Baccarat, as well as new games Cantor Gaming is preparing to release in the next three months, the company said in a statement.

“California represents a tremendous opportunity for our business, and we look forward to exploring further opportunities with this market,” said Lee Amaitis, CEO and president of Cantor Gaming.

Financial terms of the deal were not disclosed. Cantor Gaming's mobile technology was introduced in Nevada in 2009. It lets guests play blackjack by the pool or make a sports bet from their hotel room.

The company operates seven race and sports books, including those at the Palms and The Cosmopolitan of Las Vegas, as well as sports wagering app for smart phones and tablets.