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98 Million Bet In Vegas On Superbowl
Tuesday February 5,2013 : NEVADA REGULATOR RELEASES SUPER BOWL BETTING STATS
Hold percentage was 7.3 percent for Nevada bookies
Sunday's monumental Super Bowl clash between the Baltimore Ravens and the San Francisco 49ers generated wagering of almost $94 million, giving Nevada bookies a hold of 7.3 percent, according to official numbers from the Nevada Gaming Control Board.
Board chairman A.G. Burnett said late Monday: "Unaudited figures show a sports book win of $7,206,460 was recorded on wagers totalling $98,936,798. This resulted in a hold percentage of 7.3 percent."
Comparative numbers from 2012 show wagering at $93,899,840, giving bookies a win of $ 5,064,470 or 5.4 percent when the N.Y. Giants beat New England 21 to 17.
This year the 49ers started out as 5-point favourites, but gamblers bet the line down to 3 ½ points, and the 65 points scored in New Orleans easily exceeded the over/under of 49. Late money poured in for the “over” wager and for the 49ers, who have built a reputation as a second-half team, but they were pipped at the post by the Ravens in a 34 vs. 31 win.
Nevada sports books have lost only twice on the Super Bowl in the past 20 years, most recently in 2008, when New York beat the Patriots, costing bookies a record $2.6 million.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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