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This year was the slimmest winning Super Bowl since 98 February 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

YEAR

WAGERS 

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
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Atlantic City’s casino revenue declined by 1.2 percent in August compared with a year ago as another gambling hall shut down. The 11 casinos operating during August won $294.4 million from gamblers, down from $298 million a year ago.

A U.S. Bankruptcy Court trustee is objecting to the proposed auction date for the Revel Casino Hotel and a $3 million breakup fee that would go to a Florida developer if he’s outbid for the recently shuttered site.

The Massachusetts GamingCommission suspended last week’s deliberations in order to give Wynn and Mohegan Sun time to respond to a series of terms and conditions the panel wants to impose on the projects.

A Florida developer has offered $90 million for the Revel Casino Hotel that shut down last week. The casino said in the bankruptcy court filing that Glenn Straub’s Polo North Country Club, Inc., made the cash bid for the $2.4 billion resort.

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