LAS VEGAS--(BUSINESS WIRE)--Hard Rock Hotel & Casino Las Vegas and Cantor Gaming, an affiliate of the global financial services firm Cantor Fitzgerald L.P., announce the new operation of Cantor Race & Sports Book located at Hard Rock Hotel & Casino. Cantor Gaming has installed its revolutionary In-Running technology at the Race & Sports Book, which opened this week. Cantor’s In-Running wagering system allows customers to place bets on a wide variety of outcomes throughout sporting and other live events.
In addition to operating the Race & Sports Book, Cantor Gaming will install its eDeck™ mobile gaming system at Hard Rock before the end of 2010, pending regulatory approval. Once live, guests will be able to use eDeck to bet on sports, as well as to play innovative, proprietary casino games, developed exclusively by Cantor Gaming, such as XtraOdds™ Baccarat and XtraOdds™ Blackjack, throughout approved public areas of the property including select bars, restaurants and the pool.
“Hard Rock strives to continuously offer guests fine dining, exciting nightlife and exclusive spa and pool experiences, with full service casino amenities,” said Joseph A. Magliarditi, President and CEO of Hard Rock Hotel & Casino. “The launch of the Cantor Race & Sports Book adds a new dimension for our guests, further broadening the Hard Rock gaming experience.”
“Further, the launch of eDeck, which will offer both mobile sports wagering and a range of casino games, provides our guests with a convenient gaming experience in whatever atmosphere they feel comfortable,” added Magliarditi.
Lee Amaitis, President and CEO of Cantor Gaming, said: “Mr. Magliarditi has been a strong champion of In-Running and mobile gaming since we first launched 18 months ago, and we’re delighted to be working with him to bring our state-of-the-art technology to the Hard Rock. Cantor Race & Sports Book customers at Hard Rock will be able to trade sports in the same way the financial markets trade – we are essentially creating a Wall Street in the desert. Instead of building algorithms on stocks and bonds, we’re creating algorithms on team and star player performances.”
Mr. Amaitis added: “With the installation of eDeck mobile gaming, the Hard Rock will be able to offer substantial additional value to its customers through our cutting-edge technology. eDeck gives customers freedom, flexibility and choice combined with the sheer fun of wagering on sporting events as well casino games, including access to the newest proprietary games from Cantor Gaming.”
About Cantor Gaming
Cantor Gaming is an affiliate, and gaming licensee, of global financial services firm Cantor Fitzgerald L.P., which has over 65 years of experience and unparalleled expertise of highly secure real-time, global financial transaction processing, management, and execution. Cantor and its affiliates process over $140 trillion of financial transaction securely every year over its proprietary technology platform.
Cantor Gaming 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 Gaming was also the first company to introduce In-Running wagering to Las Vegas, enabling wagering on live sporting events throughout the event. Cantor Gaming is the exclusive provider of mobile gaming and In-Running wagering solutions to the Hard Rock Hotel & Casino, Las Vegas Sands Corp, and M Resort Casino and Spa, and also has announced that it will provide sports wagering and mobile gaming to the Tropicana.
Cantor Gaming also offers mobile solutions to the gaming industry through its proprietary mobile gaming device, eDeck™ (known as Pocket Casino at the Las Vegas Sands’ Venetian and Palazzo), which offers casino customers the ability to play innovative casino games developed by Cantor Gaming including XtraOdds Baccarat™ and XtraOdds Blackjack™ as well as new and exciting progressive jackpot games within designated areas of the casino property, away from the casino floor.
For more information please visit: www.cantorgaming.com.
About Hard Rock Hotel & Casino
Hard Rock Hotel & Casino, owned and operated by Morgans Hotel Group Co. (NASDAQ: MHGC) and equity partner DLJ Merchant Banking Partners, is a premier destination entertainment resort situated on 26 acres in Las Vegas. Built in 1995, the property recently completed its $750 million expansion in early 2010. Hard Rock Hotel & Casino offers an energetic entertainment and gaming experience with the services and amenities associated with a boutique luxury resort hotel. The property is known for its innovative nightlife and music scene where such acts as The Rolling Stones, Bon Jovi, Paul McCartney, Incubus, Nine Inch Nails and The Killers have all performed. Features of the property include an 11-story Hard Rock Hotel tower with 640 guest rooms, 17-story Paradise Tower with 490 rooms and suites and the all-suite HRH Tower with 359 suites, eight spa villas and seven penthouse suites; 72,000 square feet of casino space; 80,000 square feet of flexible meeting and convention space; the luxurious Vanity nightclub; Reliquary Water Sanctuary & Spa; BrannonHair salon; 4.8 acres of tropical pool paradise; Rehab, the trendsetting Sunday afternoon pool party; The Joint by Rogue concert venue, home to Supernatural Santana: A Trip Through the Hits; Hart & Huntington Tattoo Co.; Poker Lounge; restaurants including Rare 120 steakhouse, the Tuscan-style Italian eatery AGO, world-renowned Nobu, Johnny Smalls, Pink Taco and Mr. Lucky’s 24/7 diner; numerous cocktail lounges; several retail stores; and the Rock Spa/Health Club, a state-of-the-art fitness center. For room availability and additional information call 800.HRD.ROCK (800.473.7625) or visit www.hardrockhotel.com.