Tag Archives: CG Technology

William Hill US expands Vegas profile by acquiring CG Technology sportsbooks

Further to publishing its Q3 trading statement this morning, FTSE bookmaker William Hill confirms that its ‘US division’ will expand its Las Vegas footprint by acquiring the sportsbook assets of CG Technology. CG Technology has operated Nevada-based sportsbooks since 2009, establishing six luxury wagering premises in The Venetian, The Palazzo, The Cosmopolitan, Palms Resort, the Tropicana and Silverton Casino. Furthermore, …

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Cantor Fitzgerald seeks $22 million US betting probe settlement

The Wall Street Journal has reported this weekend that Cantor Fitzgerald LP’s sports betting subsidiary CG Technology has agreed to pay $22.5 million to the US government in forfeiture of the firm’s connection with illegal gambling and money laundering activities. Cantor governance has pushed for a non-prosecution agreement with the US Government, with CG Technology admitting responsibility of aiding and …

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CG Technology facing $1.5m fine and removal of CEO

CG Technology has agreed to pay a $1.5 million fine in relation to charges of underpaying and overpaying certain bettors on the sportsbook. This comes just two months after the Nevada Gaming Control Board alleged that CG Technology had underpaid winning parlays by about $700,000 on more than 20,000 occasions from August 2011 to March 2015. The complaint also accused the …

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CG Technology sues DraftKings & FanDuel over multiple patent infringements

Filing a Nevada District Court appeal, Las Vegas-based betting/gambling technology provider CG Technology (former Cantor Gaming Group) has sued daily fantasy sports (DFS) operators DraftKings and FanDuel on multiple infringements of its patents. CG Technology a specialist in US land based sports betting, claims that the DraftKings and FanDuel products have breached eight of its secured patents. The patent infringements …

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Bill 443 looks to expand Nevada sports betting services

Nevada gambling enterprises have welcomed the hearing of Senate Bill 443 which aims to extend sports betting services beyond state borders, by allowing licensed gambling enterprises to network their services through partner entities. Bill 443 was heard last Tuesday by a Senate Committee, its framework would authorise the formation of outer state business entities where customers would be allowed to …

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New mobile enabled games from CG Technology

US gaming supplier CG Technology has released ‘Quick Draw Stud’ and ‘Improve Your Hand’, two new proprietary video poker games now available on its Mobile Casino platform. These unique games are available at all CG Technology partner properties in the US and the Bahamas. Quick Draw Stud is a multi-hand video poker game with five cards per hand. Each hand …

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Mexico’s Logrand goes online with CG

Casino games and software developer CG Technology has penned a licensing agreement with the Logrand Group, Mexico’s leading entertainment and gaming operator.  The move sees CG Technology, formerly Cantor Gaming, authorise the use of its sportsbook system, which includes mobile sports wagering and wallet functions, at eight Logrand Group casinos in Mexico, including Jubilee casino in Monterrey, Nuevo Leon, the country’s largest casino. …

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