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WirelessDevNet.com Press Release
Las Vegas Sands Announces Mobile Gaming Partnership With Cantor Gaming
LAS VEGAS, May 25 -- Las Vegas Sands Corp.
(NYSE: LVS) 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.
"We continuously strive to provide our customers the best overall
entertainment experience available and mobile gaming is the type of cutting
edge trend we think will further enhance that experience for our
customers," said Robert G. Goldstein, president of The Venetian Resort
Hotel Casino. "Cantor Gaming literally created the market for mobile
gaming, and we are pleased to partner with them to benefit from the
evolution of gaming technology."
"We are excited to have entered into a long-term partnership with the
Las Vegas Sands organization," said Cantor Gaming President Lee Amaitis.
"They share our commitment to innovation and providing their customers an
unparalleled gaming experience. Mobile gaming will add a new dimension to
the player experience and provide increased revenues to casino operators.
We look forward to introducing mobile gaming at The Venetian."
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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