HALISTER1: Cantor Gambling Affiliate Said to Pay $22.5m Settlement: WSJ

Cantor Gambling Affiliate Said to Pay $22.5m Settlement: WSJ

(Bloomberg) -- The sports-betting affiliate of Cantor Fitzgerald will pay $22.5m in penalties and forfeiture to U.S. govt, WSJ reports, citing unidentified people familiar.
  • CG Technology admitted aiding and abetting illegal gambling, money laundering from around 2009 through 2013, paper said; agreement expected to be announced as soon as Monday
  • Gambling affiliate changed its name to CG Technology in 2014 from Cantor Gaming
  • NOTE: Sept 23, Vegas Executive Pleaded Guilty to Role in Illegal Gambling Ring
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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5658Z US (Cantor Fitzgerald LP)

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