Cantor Gaming Acquires Odds-Making Company
November 7, 2008 (InfoPowa News) — Online and land gambling technology and software provider Cantor Gaming has acquired Las Vegas Sports Consultants (LVSC), billed as 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, the company claims.
In a media statement, Cantor says that 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 using Cantor's mobile gambling technology, LVSC will be able to distribute a broader range of services on a real-time dynamic basis and be the platform for a groundbreaking 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: "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."