Cantor Gaming: More Mysteries Abound
Another chapter in the successful yet tragic story of Cantor Fitzgerald closed last week. Or did it?
Cantor Gaming, a well known name in the online gambling realm, recently notified its users that it is determined to cease ‘providing services to retail customers' which turned with closing Cantor Casino.com and Red Lounge Casino.com while Cantor-Poker.com remains operating.
The measure taken is effective from 1 pm on 28th November 2008. The casino advises of its ceasing to accept new customers and thus no further wagers will be accepted, according to Cantor.
The notification appeared as follows: "Cantor's gaming interests will focus on wholesale markets with the licensing of its proprietary technology, software, content, intellectual property and data to online casino operators and resort-based casino operators, the latter following extensive trials and the authorities' approval of its eDeck mobile gaming device in Nevada. As such, a decision has been taken to scale back the retail-oriented gaming businesses in the United Kingdom and focus on core wholesale market operations around the world."
Cantor Gaming has been involved with mobile gaming and was instrumental in lobbying the Nevada state government for the passage of mobile gaming legislation. The firm and several of its executives were granted the first-ever license to manufacturer, distribute, and operate mobile gaming systems by the Nevada Gaming Commission.
Cantor has had a most interesting involvement in the world of online gambling as Gambling911.com first reported back in 2005.
In the true life stranger than fiction category, Cantor Fitzgerald Securities and its subsidiary eSpeed network are one for the books, reported Judi McLeod & David Hawkins for the Canada Free Press back in July. Cantor Fitzgerald's New York office, on the 101st-105th floors of One World Trade Center, lost 685 employees in the September 11, 2001 terrorist attacks more than any other employer. Its e-Speed electronic bond-trading network lost 125 souls.
Happily for the disciples of "Kyoto Mo" (Canadian Maurice Strong), who argues that global climate change is driven by anthropogenic gases emitted by inhabitants of the Anglosphere, a six-member eSpeed carbon-credit trading team escaped death. Their annual one-day fishing trip had to be cancelled about 8 a.m. on the fateful morning of September 11, due to alleged bad weather over the Atlantic. Can anyone confirm the weather? New York looked pretty sunny. Hearing that the Twin Towers had been hit, the six lucky fishers hightailed it to New Jersey, to what Joseph Noviello, executive vice president said of Rochelle Park, N.J., "where we had duplicates of everything that was destroyed at our offices in the world Trade Center."
Not only did the six execs happen to have a WTC duplicate to turn to, but by napping on the floor, including one who grabbed shuteye by resting his head on an overturned coffee cup, they got an electronic trading operation up and running within two days of the tragic events.
Almost four years after 9/11, this bizarre birth of the Cantor-eSpeed electronic trading operation seems to have morphed itself into Kyoto Mo's "Global Hub for Carbon Commerce", Judi McLeod & David Hawkins explained.
In late-May 2005, six executives of Cantor Fitzgerald were among 36 arrested in gambling raids on the illegal Safe Deposit Sports gambling ring, in New York.
Gambling911.com at the time confirmed an ongoing investigation into others allegedly involved with an offshore sportsbook Safe Deposit Sports business, which many believe could have led to the downfall of mighty BetonSports, having leased space from the later groups sprawling office complex in San Pedro, Costa Rica's nine story Mall San Pedro.
In an ironic twist, one of the executives learned of his pending arrest after reading about it on Gambling911.com that morning.
Representatives from Cantor spoke to Online-Casinos.com, notifying that news group of their intentions.
Company spokesman Adrian Thomas confirmed Manu Gambhir remains with the company as managing director; Cantor Gaming will continue to service the white label market as a provider; The company has ceased activities as an operator, but not as an online gambling software provider and Atronic games will be made available "where appropriate and where applicable" following the recent deal with that company.
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Christopher Costigan, Gambling911.com Publisher
