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Las Vegas SC & Cantor G. To Provide Mobile Phone Gaming

May 26, 2006 10:57 AM | Services | Comments (0)

Las Vegas Sands Corp. today announced a long-term agreement with Cantor Gaming, an affiliate of the global financial services company Cantor Fitzgerald, to provide mobile gaming services to The Venetian Resort Hotel Casino and the currently under-construction Palazzo Resort Hotel Casino.

The agreement provides that Cantor will be the exclusive provider of mobile gaming services to Las Vegas Sands properties in Nevada and in other jurisdictions where permitted by law.

Las Vegas Sands becomes the first Nevada casino operator to announce the use of mobile gaming technology. Last week, Cantor became the first company licensed by the Nevada Gaming Commission as a manufacturer, distributor and operator of a mobile gaming system.

Cantor was instrumental in the Nevada legislature's adoption of Assembly Bill 471, which was signed into law by Gov. Kenny Guinn in June 2005. The bill permits wireless gaming on hand-held, mobile devices in public areas of a resort casino, such as restaurants, nightclubs and pool side. The devices will offer a full suite of casino-style games, including blackjack, roulette, video poker and slots.





Cantor's field trial for mobile gaming, as required by Nevada gaming regulations, will be conducted at The Venetian upon receipt of the required regulatory approvals, which is expected to occur in late 2006 or early 2007.



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