Cantor Gaming Signs Deal with Tropicana Las Vegas to Operate New Race and Sports Book

Mobile Gaming Will be Offered Throughout Tropicana, Launching a New Era in ‘Sports Trading’

http://www.troplv.com/

LAS VEGAS--()--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.

For more information, please visit: www.cantorgaming.com.

About Tropicana Las Vegas:

In the heart of the famed Las Vegas Strip, the resort is redefining the expectations of today’s global travelers with a major transformation scheduled for completion in 2010. The South Beach inspired changes include a fresh redesign of every hotel room and suite, the casino, the conference center and exhibition hall, the legendary pool area, several new restaurants, bars, a new poker room, and a state-of-the-art race and sports book.

In addition to this transformation, the world’s largest Nikki Beach will debut in spring 2011 making it the city’s hottest destination. Nikki Beach at Tropicana Las Vegas will be the ultimate entertainment experience as the ultra lounge and nightclub flows into the four-acre beach club.

The look and feel of the new Tropicana is vibrant and exciting, filled with the sultry rhythm of a hot Havana night. Tropicana Las Vegas is not affiliated with any other Tropicana property or brand. For additional information on events, amenities, or availability call 702-739-2222 or visit www.troplv.com. Stay up-to-date on the latest Tropicana Las Vegas happenings by finding us on Facebook (http://facebook.com/troplv) or following along on Twitter (http://twitter.com/troplv).

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6323124&lang=en

Contacts

Cantor Gaming
Florencia Panizza, 212-294-7938
Fpanizza@cantor.com
or
Courtney Goldstein, 212-294-7942
Cgoldstein@cantor.com
or
Jon Watt, 212-610-2423
jwatt@cantor.com
or
Ruder Finn for Tropicana Las Vegas
Helen Ames, 212-715-1646
tropicana@ruderfinn.com

Contacts

Cantor Gaming
Florencia Panizza, 212-294-7938
Fpanizza@cantor.com
or
Courtney Goldstein, 212-294-7942
Cgoldstein@cantor.com
or
Jon Watt, 212-610-2423
jwatt@cantor.com
or
Ruder Finn for Tropicana Las Vegas
Helen Ames, 212-715-1646
tropicana@ruderfinn.com