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Casinos Make 6.9 Million on Superbowl
2/10/10 - Official numbers from the Nevada Gaming Control Board show that Nevada casinos won almost $6.9 million on this year's Super Bowl as bettors wagered $82.7 million on the NFL classic.
Bookies in the gambling mecca were up $179 000 on amounts won on sports bets over the same period last year on $1.21 million more in bets.
Underdogs New Orleans Saints beat the favoured Indianapolis Colts 31-17 in the Sunday game.
Speaking to Associated Press, Jay Kornegay, executive director of the race and sports book at the Las Vegas Hilton, said results were hurt by bad weather in the northeastern United States, which prevented some gamblers from making planned trips to bet on the game in Sin City.
But he said the bets taken on the game were indicative of today's struggles for casinos in Las Vegas. "We thought the Super Bowl was a great measuring stick of the economy and we think the economy is just a little better than what it was last year," Kornegay said.
Kornegay said his sports book accepted 14 percent more wagers than it did last year, but average bets were lower.
Nevada's biggest Super Bowl win in the last 10 years was in 2005, when the New England Patriots topped the Philadelphia Eagles and casinos won $15.4 million. Bettors wagered the most in 2006, when $94.5 million was bet on the Pittsburgh Steelers victory over the Seattle Seahawks.
Nevada casinos lost almost $2.6 million in 2008, when the New York Giants beat the favored Patriots.
Kornegay said the Hilton lost money on the game in part because it lost money on normally lucrative proposition wagers. Casinos usually profit by offering long odds on unusual circumstances players like to bet on - a successful 2-point conversion, for example.
"A lot of things happened in this game that normally don't happen," Kornegay said. "Those are all props that normally go the other way."
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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