Cantor's Hand-Held Ready For Vegas Testing

Published: Sunday, March 30, 2008 Online-Casinos.com

CANTOR'S HAND-HELD READY FOR VEGAS FIELD TESTING

Technology associate of Cantor Fitzergerald will work with Las Vegas Sands

Three years ago Cantor Gaming, a technology associate of the giant US financial services group Cantor Fitzgerald, pioneered lobbying efforts to introduce remote hand-held gambling devices for on-premises use in Vegas land casinos (see previous Online-Casinos.com/InfoPowa report).

Earlier this (March) month the company took this initiative to the next level when it submitted its product to the Nevada authorities for final approval before commencing field tests.

A successful result could position the company in a lucrative if increasingly competitive new technology niche market. Cantor has negotiated an arrangement with the land casino group Las Vegas Sands, owner of the Venetian Resort Hotel Casino, to introduce its handheld gaming product in the public areas of casinos in the United States, Singapore and Macau.

The two companies are also working together to build Internet gaming sites branded for LVS properties. Cantor Gaming is already involved in white label deals for online casinos.