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Macau sees casino revenues plunge during holiday

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Newest Cantor, Venetian book is first-class betting experience

November 02, 2011 8:12 PM by Staff & Wire Reports

Cantor Gaming®, a leading race and sports book operator in Nevada, and The Venetian® Las Vegas, one of the world’s most luxurious resort and convention destinations, are proud to announce the launch of the race and sports book at The Venetian Resort-Hotel-Casino, located on the world-renowned Las Vegas Strip.

"Three years since beginning our partnership with Cantor Gaming, the launch of the state-of-the-art race and sports book here at The Venetian has literally changed the game of sports betting," said John Caparella, president and chief operating officer of The Venetian Las Vegas, The Palazzo® Las Vegas and Sands® Expo and Convention Center. "With Lagasse’s Stadium at The Palazzo and now our cutting-edge race and sports book at The Venetian, we have upped the ante and are challenging the standard. It’s no longer just sitting back and watching – we’ve created an interactive and lively atmosphere for sports enthusiasts and true gamers. The choice is simple, The Venetian and The Palazzo now offer the premier sports betting and wagering experiences on the Strip."

The new race and sports book is now open after the completion of a three month multi-million dollar refurbishment project spanning approximately 10,000 square feet. It promises an unparalleled sports trading environment boosting high-quality visual entertainment with the installation of one of the world’s largest high definition 4mm black video screens dedicated to multiple sports games and races. In addition, the state-of-the-art venue offers surround sound, a sleek design and the largest number of carrels in any Cantor Gaming race and sports book.

"We are proud to unveil our new race and sports book," said Lee M. Amaitis, president and chief executive officer of Cantor Gaming. "It’s absolutely revolutionary, showcasing a sleek and contemporary sports betting environment and offering patrons the most sophisticated experience on the Strip. Combining high-end, real-time technology and visual entertainment with a stunning design that includes marble flooring and our signature branding, our book is guaranteed to provide sports fans with the ultimate luxury sports wagering experience."

Cantor Gaming’s approach to sports wagering replicates a Wall Street trading model. With its unique technology, race and sports book patrons can place numerous bets on different outcomes throughout a sporting event. In the same way that prices in the financial markets are constantly updated, Cantor’s lines and spreads change continuously as the action in a game evolves

Casablanca - Mayhem in Mesquite VI

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They are at it again in Florida where there is a proposal before legislators to allow two destination resort casinos, each with an initial investment of $2 billion.

It will make a big difference, CEO Gary Loveman said this week as he discussed plans to combine the real estate owned by Caesars Entertainment Operating Company into a publicly traded real estate investment trust.

The Macau casino numbers for February were as bad as expected, casino revenue plummeting 49 percent to $2.4 billion. It was the ninth straight month of declines.

Baseball Previews | This is the second of 30 MLB previews to the 2015 baseball season as seen by GamingToday sports editor Mark Mayer. Today, the Chicago Cubs. On deck: Baltimore Orioles.

Baseball Preview | This is the first of 30 MLB previews to the 2015 baseball season as seen by GamingToday sports editor Mark Mayer. Today, the Washington Nationals. On deck: Chicago Cubs.

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