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 Atlanta Braves go for their fifth win in a row when they face the “Floundering Phillies” in the finale of their three-game series at Turner Field. The Braves and ace Shelby Miller are favored (-120) over Cole Hamels (+111) and company.
The early signs say in plain numbers that the Plainridge Park race track and slot casino is a big winner, both for the state of Massachusetts and Penn National Gaming which opened it about 10 days ago.
Atlanta may be the next major U.S. city to open the door to so-called Las Vegas-style gaming resorts. MGM has confirmed that it is taking a serious look at the possible opportunity there.
Boyd Gaming plans to spend $45 million adding another hotel tower and additional amenities at its Delta Downs racetrack and casino 120 miles east of Houston in Vinton, La.
Atlantic City’s troubled casino industry is hungry for new ideas and the ideas are coming. The problem is that some of them do not appear to make a lot of sense given the fact that existing casinos have been losing business.