|Key People||Lee Amaitis, CEO|
Cantor Gaming's former director of risk management and chief bookmaker, Michael Colbert, was charged in federal court in 2013 with accepting illegal wagers and taking part in an illegal gambling conspiracy. He pleaded guilty in August to fraud conspiracy. State and federal court filings by prosecutors also alleged links between Cantor's operation and an illegal gambling world encompassing New York bookmakers, offshore gambling companies that aren't allowed to do business in the U.S., and "runners" paid to move money and bets in and out of Nevada casinos.
Products and Services
- Cantor Fitzgerald: The First Wall Street Firm to Become a Bookie in Vegas. Daily Finance.
- Cantor Gives Sports Betting New Twist, but Old Issues Still Dog It. Wall Street Journal.