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Cantor Fitzgerald has today announced the launch of Cantor Casino, an online casino offering customers a range of games including roulette, blackjack, video poker, video slots, mini baccarat as well as two popular Asian games, Pai Gow and Sic Bo. Cantor Casino is the first product to emerge from newly formed Cantor Gaming, an online and mobile gaming business, which will offer managed facilities for online casinos to a variety of companies in the UK and Europe.

Cantor Casino will initially be offered to the existing sophisticated and knowledgeable investors associated with both the Cantor Fitzgerald and Cantor Index groups, as well as tapping into the existing pool of online gamers.

Tom Kenny, Chief Operating Officer of Cantor Gaming said today:

"Cantor Fitzgerald already has access to a considerable and knowledgeable client base so it makes sense to offer a new product that compliments some of our activities in both spread and fixed odds betting."

Cantor Gaming will develop and operate online and mobile casinos on behalf of a range of major companies in consumer related sectors. Cantor Gaming, in line with the US Department of Justice's position on remote gambling, has made it its policy not to accept casino customers from the US. This policy should enable companies who are cautious of acting contrary to the Department of Justice's position to offer an on-line casino to their client base via Cantor Gaming's `white label' solution.

Tom Kenny continued:

"Historically, the Cantor Index group has successfully white labelled a number of services including CFDs, spread betting, and most recently a financial fixed odds service through Ladbrokes. Cantor Gaming is in discussion with a number of companies who want to develop relationships with their customer base by taking advantage of the current popularity of online casinos."

Notes to editors

About Tom Kenny

Tom Kenny, 36, joined Cantor Gaming as Chief Operating Officer in May 2005, having previously founded Tecbet, a management consultancy specialising in payments, anti-fraud, customer ID verification and compliance for the remote gambling industry. Tecbet's clients include Victor Chandler International, Betfair, Bet365, Betinternet, Cantor Gaming and numerous others gambling operators.

Source: PR Newswire

Saturday, 1 October 2005

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