Cantorgaming.com, check it out. Very impressisve what Cantor is doing in this business. Further
MY PROJECTION
7/1/2014
Cantor Gaming released record sports gaming results based on their recently approved online sports gaming for Nevada residents. Cantor's great success in the Las Vegas Valley was even more impressive considering the continued Downturn of the Vegas Strip properties, most specifically the recent Bankruptcy filing of MGM properties.
What was interesting about Cantor's results is that their recently approved online book 'held' only a 1.8% profit margin on the total amount wagered, however, the volume bet was 10+ times higher than that booked by any other competitor in town.
When asked about any negatives of the new program Lee Amitis and Mike Colbert both agreed that the only negative was that they no longer got to see the wise guys on a daily basis in their establishment, as they were now all wagering from the comforts of their homes in Nevada.
Nevada lawmakers were thrilled with some new found revenue, however, this only made a dent in the projected 700 million budget shortfall, the 4th straight shortfall that required drastic cuts.
On another postitive note, Harrah's reported that its recently approved live poker wagering WSOP.com, had reported earnings 5x what was expected in its first year, and sign ups running at a continued high rate.
Gary Loveman, when asked about the success of the newly approved online betting in Nevada on sports and poker, said "Let's face it. America is a nation of couch potatoes. We want to sit on our sofas, not wear heels, and not walk if we don't need to. Online gaming IS the way to go".
AD:
Aria room rates NOW available for $69/night!! Call we discout for you at 1-800-chptr11 for your room!
