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Cantor Fitzgerald hits Las Vegas armed with trading technology that it ambitiously plans to help...

Cantor Fitzgerald hits Las Vegas armed with trading technology that it ambitiously plans to help turn 7 Strip sports books into mega-profit centers. The firm's spirited CEO - Howard Lutnick - says the same algorithms that work to drive derivatives trading will spew out in-game odds that will allow sports fans to place more bets - while on the move. In the sports betting mix: LVS, WYNN, MGM, CZR.
Comments (2)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Something is kind of funny about this...a Wall Street investment firm going to Vegas for a new gambling option...I guess they canĀ“t gamble enough in the normal markets...lol
    11 May 2012, 09:02 AM Reply Like
  • phemale60
    , contributor
    Comments (2831) | Send Message
     
    Right after JPMorgan Chase lost $2B due to some rascal's gambling with bank money Cantor Fitzgerald airs this new info? Great timing!!

     

    Oh well, betting on sports is an ancient tradition. Also, being a long time LVS investor I'm not complaining.
    11 May 2012, 01:23 PM Reply Like
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