Cantor Gaming - Smart phone betting RE: Cantor Gaming-Sportsbook operations - -
If you are taking in-game action & smart phone bets - - -
You are running the sportsbook operation at M - Venetian/Palazzo - Trop & Hard Rock
Amaitis said in-running technology has increased betting activity. At M Resort, Palazzo and The Venetian, where Cantor technology has been offered since 2009, he said gamblers wagered $400 million using the technology last year out of a statewide handle of $2.5 billion. He suggested that $300 million of that would have been turned away if not for in-running sports betting.
"I'm not going to turn away any bet," he said. "For me, even if you win $200,000 I want you back. We learn from that bet. As we see it, it's part of our business model to learn from the pure gambler. Over the long run, we'll come out ahead."
- - Lee Amaitis is CEO of Cantor Gaming - -
