This year was the slimmest winning Super Bowl since 98February 08, 2011 1:06 PM by Staff & Wire Reports
Sports books in Nevada won just over $724,000 from Super Bowl bets despite heavy gambling on the Green Bay Packers and lots of scoring, Nevada gambling regulators said Tuesday.
The Nevada Gaming Control Board said $87.5 million were wagered on the NFL's championship game in 183 sports books across the state.
Of those bets, casinos kept less than 1 percent.
Green Bay beat the Pittsburgh Steelers 31-25 at Cowboys Stadium in Arlington, Texas, on Sunday night. The Packers were a 2 1/2-point favorite in most Las Vegas casinos, giving their supporters a win with the six-point victory. The combined 56 points scored helped bettors who gambled that the total would go over about 45 points.
Mike Lawton, a research analyst with the control board, said that while some casinos won, others had moderate losses.
"There wasn't anyone that lost anything mind-blowing," he said. "I think we were really worried about it being a loss — it could have been worse."
Gamblers wagered 5.5 percent more this year than last year, when Nevada casinos won $6.9 million on $82.7 million in Super Bowl bets as New Orleans beat Indianapolis, 31-17.
Casinos have lost once only once on the Super Bowl in the last 10 years, in 2008 when bettors gambled $92 million and casinos lost $2.57 million as the New York Giants beat New England, 17-14.
This year was the slimmest winning Super Bowl for casinos since 1998, when books won $472,000 on $77.2 million in wagers. The Denver Broncos beat Green Bay in that game, 31-24.
SUMMARY NEVADA SPORTS BOOK PERFORMANCE FOR LAST TEN SUPER BOWLS
|WIN/(LOSS)||WIN %||GAME RESULTS|
|2011||$87,491,098||$724,176||0.83%||Green Bay 31, Pittsburgh 25|
|2010||$82,726,367||$6,857,101||8.30%||New Orleans 31, Indianapolis 17|
|2009||$81,514,748||$6,678,044||8.20%||Pittsburgh 27, Arizona 23|
|2008||$92,055,833||($2,573,103)||-2.80%||N.Y. Giants 17, New England 14|
|2007||$93,067,358||$12,930,175||13.90%||Indianapolis 29, Chicago 17|
|2006||$94,534,372||$8,828,431||9.30%||Pittsburgh 21, Seattle 10|
|2005||$90,759,236||$15,430,138||17.00%||New England 24, Philadelphia 21|
|2004||$81,242,191||$12,440,698||15.30%||New England 32, Carolina 29|
|2003||$71,693,032||$5,264,963||7.30%||Tampa Bay 48, Oakland 21|
|2002||$71,513,304||$2,331,607||3.30%||New England 20, St. Louis 17|
The 2016 renewal of the Kentucky Derby has most veteran handicappers stumped. Include yours truly in that group. The time to make a decision has come and making the choice even tougher is that our deadline precedes the post-position draw.
Gaming Insider | Las Vegas is ready for a major league sports team, according to Las Vegas-based oddsmaker Jim Vaccaro. The issue has been batted around as leagues turned up their noses at the prospect of locating a team in the center of gambling action.
Special to Gaming Today Edgar Allen Poe famously stated “Believe half of what you see and none of what you hear.” Never was there a more appropriate sentiment as it relates to the kind of hype that will surround the Kentucky Derby over the next few days.
Non-gaming revenue generated by Macau’s six gaming operators will exceed nine percent of their total income – 2.4 percentage points better than 2014 – by 2020.
Thoughtfully regulated legal sports betting works to the long term benefit of both fans and the major sports leagues intent on protecting the integrity of their games.
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