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LEISURE | Entertainment / Gambling (non-internet/mobile)
cgsportsbooks.com

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Stage

Acquired | Acquired

About CG Technology

CG Technology operates sportsbooks at prime Las Vegas resorts. Locations range from luxury destinations The Venetian Resort Las Vegas and The Cosmopolitan of Las Vegas to iconic classics Hard Rock Hotel & Casino, Palms Casino Resort and Tropicana to the locals’ favorite Silverton Casino.On September 2nd, 2020, CG Technology was acquired by William Hill. The terms of the transaction were not disclosed.

CG Technology Headquarter Location

2575 S Highland Dr

Las Vegas, Nevada, 89109,

United States

702-677-3830

Latest CG Technology News

Station Casinos Faces Discipline In Nevada Over Illegal Sports Bets

Sep 23, 2021

Station Casinos could see disciplinary action by the Nevada Gaming Commission for taking alleged illicit bets. The Nevada Gaming Control Board filed a complaint September 13 against Station Casinos and Red Rock Casino Resort for taking up to 348 sports bets after the results of the events were known. The alleged violations occurred across a three-year span in Nevada , including one in March 2021. Station Casinos said it accepted the bets because of computer malfunctions. Because of the known issue, the NGCB said the company is “responsible for any violations related to the Stadium Live program.” “Toleration of such repeated violations constitutes grounds for license revocation or other disciplinary action,” the claim reads. Station Casinos took bets across three years The NGCB claim cites four occurrences across three years when the company’s sportsbooks allegedly took the bets. The NGCB issued regulation violation letters to the casino for the first two instances. Red Rock stores the servers for Station Casino’s Stadium Live app: June 1, 2018: Red Rock accepted and wrote tickets for 35 sports wagers on five events with known results. January 9, 2019: Red Rock took approximately 116 bets on closed events. March 7, 2019: Red Rock accepted approximately 30 bets on at least three events with results known. March 18, 2021: Red Rock reported a malfunction in the Stadium Live app that caused it to write up to 167 tickets on events already finished. The company voided and refunded the bets. Station allegedly knew issues causing violations The computer malfunctions in 2018 and 2019 led the NGCB to tell Station Casinos it needs to “have redundant monitoring processes to ensure it does not accept money or its equivalent ostensibly as a wager upon an event whose outcome has already been determined, including for wagering events administered by third-party wagering programs.” Earlier this year, the Red Rock sportsbook accepted more than 160 illicit bets because of the same issue. It self-reported the malfunction. The NGCB’s claim looks at all the previous occurrences as potential violations: “Respondents have not maintained sufficient control and monitoring processes concerning their mobile sports wagering application to prevent incidents which reflect or tend to reflect poorly on the reputation of gaming in the State of Nevada and/or act as a detriment to the development of the gaming industry and/0r reflect or tend to reflect discredit upon the State of Nevada or the gaming industry.” Board seeks disciplinary action The NGCB suggests the Gaming Commission fine Station Casinos for each violation. The board also asks the Gaming Commission to “take action against respondents’ licenses pursuant to the parameters defined in NRS 463.310(4).” It also suggests the commission pursues other relief it deems “just and proper.” Not a first in Nevada With Nevada’s longevity in the US sports betting industry, the market has seen similar cases. In 2018, the NGCB hinted at license revocation of CG Technology for multiple violations, including accepting bets on finished events and out-of-state mobile wagers. CG Technology eventually paid a $2 million settlement . That company also paid another $7 million in settlements in 2014 and 2016.

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CG Technology Patents

CG Technology has filed 10 patents.

The 3 most popular patent topics include:

  • Wagering
  • Gambling terminology
  • Casino hotels
patents chart

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10/7/2019

8/10/2021

Casino hotels, Diagrams, Wagering, Chemical processes, Systems theory

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8/10/2021

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Related Topics

Casino hotels, Diagrams, Wagering, Chemical processes, Systems theory

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