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Old 11-08-2008, 08:46 AM
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Cantor Gaming Acquires Las Vegas Sports Consultants

LAS VEGAS, Nov 06, 2008 (BUSINESS WIRE) -- Cantor Gaming, an affiliate of the global financial services company Cantor Fitzgerald, today announced that it has acquired Las Vegas Sports Consultants (LVSC), the world's largest oddsmaking company. LVSC provides odds and point spreads to all major Nevada sports books and its consensus line is considered the most valuable commodity for sports gaming all over the world.

LVSC's products and services will complement Cantor Gaming's menu of gaming products; allowing both Cantor and LVSC to provide additional new and dynamic service products including international sporting events. Additionally, by utilizing Cantor's state of the art technology, LVSC will be able to distribute a broader range of services on a real-time dynamic basis and be the platform for a ground breaking suite of new products, to be offered after appropriate gaming regulatory approvals.


Lee Amaitis, President of Cantor Gaming, said: "LVSC is the most respected and trusted odds maker in the business, with a long and impressive track record of making lines on all major sporting events. LVSC's strict ethical guidelines and sophisticated use of technology reflect Cantor's own values of trust and innovation. We're delighted to combine the expertise of both companies, to offer customers a comprehensive range of sports gaming services."

Kenny White, Chief Operating Officer of LVSC, added: "We're very pleased to be announcing this deal with Cantor Gaming. Cantor has a long history of processing highly secure, critical transactions in the world's financial markets and brings this experience and world-class technology to the race and sports book business. We see huge synergies between the two businesses and are delighted to be working with a company that is raising the bar for sports gaming worldwide."
About Cantor Gaming

Cantor G&W LP is an affiliate of global financial services provider Cantor Fitzgerald, which has over 60 years; experience and unparalleled expertise of highly secure real-time financial transaction processing, management, and execution. Cantor Gaming offers mobile solutions to the gaming industry as well as developers of proprietary casino games including XtraOdds Baccarat(TM) and Bonus Roulette(TM). Cantor is the first company licensed as a manufacturer, distributor, and operator of a mobile gaming system by the state of Nevada and remains the world leader.
About Las Vegas Sports Consultants

Las Vegas Sports Consultants, Inc. is the world's largest oddsmaking company. It is the most respected authority because of its available comprehensive collection of sports gaming resources. Having been in business since 1982, they are open 365 days a year from 6:30am Pacific Time until one-half hour after the final sporting event is over.
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Old 11-08-2008, 09:53 AM
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Tis makes sense for both companies. Cantor Gaming gets the premier authority in oddsmaking and LVSC will be able to expand their base and services.
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