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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."
Gambling News :
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
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