The Las Vegas based Cantor Gaming gambling operator has made further strides into the online poker industry by signing an agreement with the non profit Horse Racing United group, to supply the latter with technology and infrastructure in the event of California receiving legal and regulated online poker approval. The deal is conditional to Horse Racing United being awarded one of a few intrastate online gambling website licenses under proposed new legislation which has not yet been passed, and which is currently under discussion.
Horse Racing United represents the industry in California and incorporates the membership of the California Thoroughbred Breeders Association, Del Mar and Golden Gate Fields.
This is the second lucrative deal which Cantor Gaming has signed in recent months in the Golden State. In June, the group entered into an agreement with the tribal casino, Colusa Casino Resort to provide it with mobile gaming infrastructure.
The President and Chief Executive officer of Cantor Gaming, Lee Amaitis said that should online poker be legalized in California, there was a genuine opportunity to support the state’s efforts to generate additional sources of revenue, especially with the state in such desperate need of funds due to a large budge deficit.
Amaitis said that California is well positioned to leverage its size and generate revenue that would otherwise not exist, as was the case with other states who are moving towards online gambling. He said that if the new legislation was enacted, it would provide additional financial support to the state’s horse racing industry and add additional support to the already 50,000 people employed by the industry.