The Hard Rock Hotel and Casino in Las Vegas is closing its Wasted Space nightclub after two years of operation to be replaced by a new race and sports book operated by Cantor Gaming.
Wasted Space is a 5,000-square-foot club designed by motocross racer Carey Hart which opened in July 2008 and has been used as a small concert venue at the hotel that accommodates between 400 and 500 people. Baseball player Jason Giambi and musicians Joel and Benji Madden are among the club’s high-profile investors.
Cantor Gaming is an affiliate of global financial services firm Cantor Fitzgerald L.P. It will initially install its mobile gaming technology into Hard Rock Hotel & Casino’s existing race and sports book, with the aim of a full launch upon regulatory approval. Hard Rock will become the Las Vegas third casino to offer Cantor’s eDeck mobile gaming technology.
According to Joseph A. Magliarditi, President and CEO of Hard Rock Hotel & Casino,“Cantor Gaming has created an entirely new and exciting approach to betting on sports. Instead of the action stopping once the game gets under way, with In-Running that’s precisely when the action starts. This opens up a whole world of opportunities and we’re pleased to be able to offer this innovation to our customers”.
“With the innovations in technology today, information is available at the touch of a button: we can receive news and data in an instant, manage our finances online and send text and video round the world in real time via mobile phones. Our In-Running system applies this generation of technology to sports wagering. Gone are the days when you could only bet on a sporting event by lining up at the window before the games started. Now you can trade sports in the same way you trade the financial markets – our technology has made sports wagering dynamic, interactive and, most importantly, relevant to today’s casino customers”, added Lee Amaitis, President and CEO of Cantor Gaming.
The Hard Rock Hotel and Casino’s race and sports book, which is a separate from the restaurant chain with the same name, is slated to open in spring next year.