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The Nevada Gaming Control Board (NGC) has filed an 18-page complaint against Cantor Gaming following a lengthy investigation. A former director of the company was indicted by US law enforcement in late 2012 for his role in an illegal sports betting venture and pleaded guilty to one count of conspiracy this past summer. Read Complaint Here
Colbert, 33, entered his plea in federal court in New York after the U.S. attorney’s office took over the case, according to court records.
Colbert was alleged to have assisted a New York-based gambling operation in placing illegal bets through “runners”, according to court documents. Pinnacle Sports, one of the largest offshore betting firms, was also natmed in the complaint. Three of its co-founders were arrested but have since been set free.
The former sportsbook director had worked for Cantor Gaming for four years and was fired after his arrest.
The board calls for disciplinary action against Cantor by the Nevada Gaming Commission, including fines for each of the 18 counts and possible suspension or revocation of the company’s gaming license. The company claims it has already reached a settlement agreement with the board.
Cantor runs a number of sportsbook operations in some of Las Vegas’ most prestigious hotel casinos.
The company announced yesterday it was rebranding as CG Technology. Could not have come at a better time we suppose.
- Gilbert Horowitz, Gambling911.com
