1. 06-22-15 11:03 PM #1
    jjgold
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    Cantor Gaming For Sale In Vegas

    they only got one real low bid

    It just goes to show sportsbetting is too costly in Vegas too make money and market not big enough for like 10 companies
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  2. 06-23-15 12:15 AM #2
    baseballstud
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    Got a link?
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  3. 06-23-15 12:21 AM #3
    Optional
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    Properly regulated sportsbooks can be tough to run profitably.
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  4. 06-23-15 01:57 PM #4
    T4TRUTH
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    Just like all sports books , it takes a huge initial investment, then the promotions and giveaways to compete. they will make money eventually but no investor wants to wait 6 to 10 years it would appear.
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  5. 06-23-15 03:14 PM #5
    MAtoCO
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    Do you have a link or any sort of proof to back-up this claim?

    I know they filed for an IPO in 2012 but then withdrew that offering later that year.

    Obviously the Mike Colbert situation and other lawsuits have really hurt the company's prospects of going public.

    It is amazing that CEO Lee Amaitis was able to keep his job and gaming license after that scandal. Seems like there has been a decent amount of turn-over at the senior executive level over the past few years.







    Quote Originally Posted by jjgold View Post
    they only got one real low bid

    It just goes to show sportsbetting is too costly in Vegas too make money and market not big enough for like 10 companies
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  6. 06-23-15 09:01 PM #6
    bookie
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    This is just jj misinterpreting something he read somewhere and thinking he had a scoop on his hands.

    https://www.google.com/webhp?sourcei...=nws&tbs=qdr:w
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