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|
Proposed restrictions concerning the use of government credit cards in casinos represent another “misperception of the casino industry,” according to the American Gaming Association.
The city of Boston has amended its complaint that challenges the decision of the Massachusetts Gaming Commission to award a casino license to Wynn Resorts.
MGM Resorts has no interest in reducing or eliminating its stake in MGM China Holding Limited, and a second resort on the Cotai Strip that is due to open next year.
The American Gaming Association is now “fully engaged” in the debate about legalizing casinos in Japan. The AGA’s chief executive Geoff Freeman told attendees at the Global Gaming Expo Asia in Macau this week.
Tropicana Entertainment is rolling out the red carpet for its best casino customers with the 4th Annual Slot Star Challenge Tournament June 26-27 at the Las Vegas-based company’s flagship property in Atlantic City.