SBC News Voice of the Sports Betting Industry
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.
Commenting on CG Technology’s first technology licensing deal in Latin America, President and CEO Lee Amaitis said: “CG Technology estimates it has in excess of 25% of the Nevada sports wagering market and that over half of these wagers are conducted on mobile devices in Nevada. Our leading expertise in this area means we are perfectly positioned to elevate Logrand Group’s entertainment offering, especially as we introduce customers to the ease, convenience and excitement of mobile sports wagering applications, a phenomenon we are delighted to bring to the Logrand Group.”
Logrand Group Director of Sportsbook and Online Operations, Julian Symaniw, added: “Working with CG Technology, we are well placed to respond to recent changes in gaming regulation that require account-based sports wagering, an area CG Technology is reputed in. In addition, we chose CG Technology to heighten our customer experience, by offering mobile sports wagering for the first time. We look forward to a long and fruitful relationship with CG Technology and to welcoming in a new era of gaming technology at our casinos.”
