‘In-Running’ Betting Available at the M Resort Spa Casino for the Preakness Stakes

Business Wire, May 15, 2009

Cantor Gaming’s ‘in-running’ a huge hit for March Madness, NBA Playoffs and the Kentucky Derby

LAS VEGAS -- Cantor Gaming, an affiliate of global financial services company Cantor Fitzgerald, today announced that ‘in-running’ betting – wagering on live sporting events throughout the event – will be available at the M Resort’s state-of-the-art Race and Sports Book during this Saturday’s Preakness Stakes. The M Resort, which opened in Las Vegas on March 1, became the first resort-casino in the country to offer in-running betting during the NCAA Basketball Tournament.

Following the success of in-running betting during March Madness, Cantor Gaming expanded its in-running sports offerings, giving customers the opportunity to wager on the NBA Playoffs as well as the Kentucky Derby. Kentucky Derby bettors were able to bet on the favorite, Friesen Fire, against the field and on a selected trifecta of favorites against the field, up until the 16th pole of the final stretch.

“Cantor Gaming has been a fantastic partner for the M Resort. Their commitment to developing and delivering state-of-the-art technology has put the M Resort’s Race & Sports Book at the top of the list for sports bettors,” said Joseph A. Magliarditi, M Resort Executive Vice President and COO.

Lee Amaitis, President of Cantor Gaming commented, “Customers are really embracing ‘in-running.’ We’ve seen tremendous interest at the M’s Sports Book with guests wanting to experience it for themselves. We could not be more pleased and look forward to offering guests the chance to place live bets during the Preakness this Saturday.”

Later this year Cantor Gaming expects to extend in-running wagering to more sporting and racing events including The Belmont Stakes, Major League Baseball, football and Grand Slam tennis Tournaments. Casino guests can enter the action when they wish, throughout the event, giving them the ability to hedge against bets placed at the beginning of an event.

Anyone interested in in-running can go to the M Resort, open an account and either place bets from terminals in the Race and Sports Book or check out a portable betting tablet to carry with them throughout the sports book.

ABOUT CANTOR GAMING

Cantor G&W LP is an affiliate of global financial services firm Cantor Fitzgerald, which has over 60 years experience and unparalleled expertise of highly secure real-time financial transaction processing, management, and execution. Cantor Gaming offers mobile solutions to the gaming industry as well as proprietary casino games including XtraOdds Baccarat™ and Bonus Roulette™. Cantor is the first company licensed as a manufacturer, distributor, and operator of a mobile gaming system by the state of Nevada and remains the world leader. For more information, visit www.cantorgaming.com

ABOUT M RESORT SPA AND CASINO

M Resort Spa Casino is located on over 90 acres at 12300 Las Vegas Blvd. S. on the southeast corner of St. Rose Parkway and Las Vegas Boulevard. Situated higher in elevation than other resort-casinos on the Las Vegas Strip, the M Resort provides optimal views of the world-famous Las Vegas skyline from its guest rooms, suites, conference center and restaurants. The resort offers 390 guest rooms and suites, over 92,000 square feet of gaming, nine restaurants and five destination bars, more than 60,000 square feet of meeting and conference space, a state-of-the-art spa and fitness center and a 100,000 square foot events piazza. Future developments for M Resort will bring up to one million square feet of retail in a partnership with Taubman Centers Inc. and a 14-screen digital movie entertainment complex. For more information, visit www.theMresort.com.