Las Vegas – (June 10, 2010) – Cantor Gaming’s state-of-the-art mobile gaming technology will be a key feature of the new, transformed Tropicana Las Vegas. Cantor Gaming, an affiliate of global financial services firm Cantor Fitzgerald, has entered into a partnership with Tropicana Las Vegas to operate the casino’s new race and sports book. The state-of-the-art race and sports book is anticipated to open in fall 2010.
Cantor Gaming is revolutionizing the way people wager in Las Vegas. At the heart of the unique gaming technology is Cantor Fitzgerald’s 65-year track record of financial transactional expertise and state-of-the-art technological innovation. The technology pioneers new markets and provides unparalleled trading capabilities and services.
As the operator of the brand new Tropicana Race and Sports Book, with an entrance directly on Tropicana Avenue, Cantor Gaming is bringing mobile gaming and high-tech ‘sports trading’ to one of the original Las Vegas Strip hotels.
Cantor Gaming’s eDeck enables Tropicana’s guests to play a wide selection of casino games, including games developed exclusively by Cantor Gaming such as XtraOdds™ Blackjack and XtraOdds Baccarat.
In addition to the sports book, Cantor Gaming’s In-Running Wagering system, provided on Cantor’s mobile gaming device, eDeck, will be offered throughout Tropicana Las Vegas, including the bars, lounges, restaurants and new beach club. Cantor’s trading technology processes transactions in milliseconds, enabling people to place their wagers directly from their seats in the new Tropicana sports book at any time during a sporting event.
Lee Amaitis, President and CEO of Cantor Gaming, said, “Tropicana Las Vegas is a fantastic property with a singular history and we are delighted to be a part of its dramatic transformation as it adds new spark and excitement to The Strip. Our technology has forever changed the playing field in Las Vegas. Our mobile gaming gives customers a new freedom and flexibility to game whenever and wherever they like. This simply wasn’t possible before. We’ve also created the ability to wager on sports in a real-time trading environment, which is a transformative event in the casino marketplace. The vision for the transformed Tropicana reflects our own mission: to launch a brand new era in Las Vegas.”
Alex Yemenidjian, Chairman and CEO of Tropicana Las Vegas, added, “Cantor Gaming’s history of innovation and expertise with breakthrough gaming technology make them an exceptional partner as we undertake our $165 million transformation. At the new Tropicana, we are planning to use various new technological advancements designed to enhance the guest experience. Because of this, mobile gaming fits perfectly into our strategy. We are excited to bring this new, mobile gaming experience to our guests.”
Construction of the new, state-of-the-art race and sports book at Tropicana Las Vegas, including installation of mobile gaming, will begin upon securing appropriate regulatory approvals, and is expected to open in the fall of 2010.
About Cantor Gaming
Cantor Gaming is an affiliate of the global financial services firm Cantor Fitzgerald L.P., which has over 60 years of experience and unparalleled expertise of highly secure, real-time financial transaction processing, management, and execution.
Cantor Gaming offers mobile solutions to the gaming industry through its proprietary mobile gaming device, eDeck™. eDeck offers casino customers the ability to play familiar casino-style games including slots, blackjack, roulette, baccarat and poker within designated areas of the casino property, away from the casino floor. In addition, Cantor Gaming has developed a suite of proprietary casino games for eDeck including XtraOdds™ Baccarat.
Cantor is the first company licensed to manufacture, distribute and operate a mobile gaming system by the state of Nevada and remains the world leader.
Cantor was also the first company to introduce In-Running wagering to Las Vegas, at the M Resort Spa Casino’s Race and Sports Book, in March 2009. In-Running betting allows wagering on live sporting events throughout the event.
About Tropicana Las Vegas
In the heart of the famed Las Vegas Strip, Tropicana Las Vegas is one of the last true landmark casino hotels in Las Vegas. An original leader in creating the authentic Las Vegas experience, the resort is redefining the expectations of today’s global travelers with a major transformation scheduled for completion in the fall of 2010, with Nikki Beach Club and Club Nikki scheduled for spring of 2011. The South Beach inspired changes to the resort include a fresh redesign of every hotel room and suite, the casino, the conference center and exhibition hall, the transformation of the legendary four-acre pool area into Nikki Beach Club and Club Nikki, several new restaurants, bars, a new poker room, and a new race and sports book. The look and feel of the new Tropicana Las Vegas is vibrant and exciting, filled with the sultry rhythm of a hot Havana night. Tropicana Las Vegas is not affiliated with any other property or brand.