CG Technology Sportsbook 101
Corporations that own and operate multiple properties on the iconic Strip run their own top Las Vegas sportsbooks and offer players in-house sports betting app.
Caesars has eight resorts starting with the flagship property at Caesars Palace, but it includes other destinations like Planet Hollywood and Paris. MGM Resorts has nine resorts on Las Vegas Boulevard, with such popular spots as the Aria, MGM Grand, and Bellagio.
Caesars sportsbooks offer guests the Caesars Mobile app, while MGM venues recommend visitors use the playMGM app.
However, many hotels and casinos in Las Vegas are still independently owned. CG Technology looks to lease its high-end sportsbook space and run the venue for an agreed-upon amount of time.
The company also provides its own betting lines and online app through CG Sports and CG Casino.
CG Technology, a division of the Wall Street firm Cantor Fitzgerald, is now one of the largest licensed bookmakers in Nevada. It currently operates seven sportsbooks, with many of them on the Strip.
For example, CG Technology leases valuable space with some of today’s heavy hitters, including the Cosmopolitan Sportsbook, Lagasse’s Stadium at the Palazzo Sportsbook, and the Hard Rock Sportsbook.
Bettors are encouraged to register and use the CG Sports app at all of its Las Vegas locations, which also include sportsbooks at the Venetian, Tropicana, Palms, and Silverton casinos.
The M Resort, which has been the flagship sportsbook for CG Technology for a decade, did not renew its lease with the company in April 2019. It’s one of the most recent setbacks for the gaming company which is trying to overcome a tarnished reputation.
CG Technology made a huge entry into the sports betting industry in Nevada in 2009 and pioneered the popular in-running wagering, among other innovations. But the gaming company has struggled for market share and growth in recent years.
Nevada regulators fined CG Technology an industry-record $5.5 million in 2014 for allowing one of the company’s key executives to run an illegal sports wagering operation.
Two years later in 2016, CG Technology was ordered to pay a $1.5-million fine after customers received lower payments on some of their wagers.
At a time when sports betting is making inroads in just about every state across the country, CG Technology seems to be fighting the odds in this billion-dollar game.
It’s Game Time at CG Sportsbooks
CG Technology bookmakers in Las Vegas are known for taking more risks than other sportsbooks. They have made a mark with high rollers for taking the big bets on big games, even though their reputation is not at the level it used to be.
Here are some of the sports bettors can wager on at CG Technology’s land-based sportsbooks and betting app:
- Pro and college football, including playoffs and Super Bowl
- Pro and college basketball, including playoffs and NBA Final
- Major League Baseball, including playoffs and World Series
- Mixed Martial Arts and UFC events
- Major soccer leagues from around the world
- Boxing, but mostly just major fights
- Hockey, including the playoffs and Stanley Cup
- Auto racing, with weekly race odds and Sprint Cup Championship futures
- Golf, with weekly odds and futures on all four majors
- Tennis, with odds on all four Grand Slam events
- Horse racing, including Breeders Cup
Here are some of the bets available at the land-based Las Vegas sportsbooks powered by CG Technology:
- Money line
- Point spread
- Over/under totals
- Halftime lines
- Win totals
- Future betting
- Proposition bets, especially for the Super Bowl
The minimum wager for any bet is $5 on the CG Sports app, but $10 at most land-based sportsbooks.
CG Technology permits bets on tablets that do not have data plans. Wagers may be made over a wireless Internet connection as long as it is in Nevada.
Complimentary drinks require a big bet at CG Technology sportsbooks, especially the Cosmopolitan where a bettor needs to wager at least $300 to get a free drink at the nearby sports bar. This is a lot more than what’s required at off-the-Strip venues like the Westgate SuperBook.
- CG Sportsbook Locations in Las Vegas
All seven CG Technology sportsbooks are located on the Strip or close to Las Vegas Boulevard. Their hours of business are typically 8 a.m. to 10 p.m., although Lagasse's Stadium doesn't open until 11 a.m.
Here are their locations in Las Vegas, with three resorts serving locals and four on the Strip:
Cosmopolitan — Located in the center of the Strip at 3600 South Las Vegas Boulevard.
Hard Rock — Located about a mile east of the Strip at 4455 Paradise Road.
Palazzo — Located at the north end of the Strip at 3325 South Las Vegas Boulevard.
Palms — Located about a mile west of the Strip at 4321 West Flamingo Road.
Silverton — Located about a mile west of the Strip at 3333 Blue Diamond Road.
Tropicana — Located at the south end of the Strip at 3801 South Las Vegas Boulevard.
Venetian — Located at the north end of the Strip at 3355 South Las Vegas Boulevard.
There are many forms of public transportation available for new arrivals at McCarran International Airport, including taxi, transit bus service, and limousine. But the most budget-friendly choice is one of two rideshare programs Uber and Lyft.
These apps can be downloaded to your phone. Pick one of them to check out the price for a ride before you confirm the deal. No cash changes hands as all the details, including payment, are done electronically. A ride to one of CG Technology's sportsbooks typically runs about two-thirds the cost of a taxi fare.
Parking is free at all the resorts where CG Technology runs the sportsbook, except the Cosmopolitan. It's $15 a day to park at this prime Strip location.
- Food & Drinks at CG Sportsbooks
Some of the Las Vegas resorts where CG Technology calls home are luxurious with impeccable properties — like the Cosmopolitan and Venetian. Others are more for the younger crowd who want to party — like the Tropicana and Hard Rock.
No matter which one you choose to visit, there is always something good to eat at any of these spots. Plus, complimentary drinks are free for players on the casino floor, but a tip is always a good idea if you're hoping for a second round.
Master chefs Eric and Bruce Bromberg bring their award-winning signature items of American cuisine to the Blue Ribbon in the Cosmopolitan.
Traditional Japanese cuisine is infused with some bold flavors at the ever-cool Nobu at the Hard Rock Hotel.
Mott 32 at the Palazzo embraces flavors and ingredients from around China and the world.
Inspired by nostalgic restaurants of Old Las Vegas, Sara’s is set in a luxurious secret room at the Palms.
Enjoy south-of-the-border favorites like tacos and fajitas at Mi Casa Grill Cantina in the Silverton.
The menu is full of one-of-a-kind food items at Robert Irvine's Public House inside the Tropicana.
Cut Steakhouse by Wolfgang Puck at the Venetian has become widely recognized as one of the most popular and finest restaurants around the world.
- CG Technology Bonuses
The resorts that have leased their sportsbook space to CG Technology do not allow guests to participate in their respective rewards programs when placing a bet at the sportsbook. In other words, sports bettors cannot earn points on their Identity rewards card at the Cosmopolitan.
CG Technology does offer some promotions for new and current members through its online app, but even those bonuses are for a limited time only. One recent promotion offered a $100 match on deposits for new members. Another offered a $50 match on deposits for existing members who had not placed any wagers in their account in more than a year.
- CG Technology Casino
CG Technology has its own casino app which can only be used within the confines of a CG Technology-enabled resort, like the Venetian or Palazzo. The gaming company has nothing to do with the physical slot machines that are in operation at the resorts where it leases sportsbook space.
CG Casino has a mix of classic games along with proprietary ones developed by the company. The app is available to customers who are 21 years of age and older.
Download CG Casino and then visit a CG Technology sportsbook to establish a mobile wagering account. A minimum deposit of $25 is required.
While complimentary drinks are available for players of slot machines and table games on most casino floors in Las Vegas, like the MGM Grand, players on the CG Casino app do not earn free beverages.