Breaking the records Nevada sportsbooks hits – US$158.6 million

Nevada-licensed sportsbooks acquire US$158.6 million through Gambling, during the Super Bowl weekend. This is estimated to be US$20 million more than last year. The Nevada Gaming Control Board disclosed that the Philadelphia Eagles triumphed over the New England Patriots as the state-licensed sportsbooks beat themselves in the Super Bowl wagers by US$20 million to reach US$158.6 million in this year’s game.

Handle records persist to be crushed in four out of the last five editions of American Football’s biggest stage as they have seen a hike of US$100 million in wagers every year since 2014. Having another broken record, sportsbooks only held 0.7 per cent of bettors’ wagers, reaching a US$1.17 million net win, way lower than last year’s hold of 7.9 per cent and US$10.9 million win.

ESPN’s David Purdum said Caesars Palace was the only operator to win some money as some late bets on the Patriots contributed to a seven-figure win. Parallelly, Boyd Gaming, CG Technology, Station Casinos, and Wynn Resorts lost money owing to backup quarterback Nick Foles outshining the all-time great, Tom Brady to win the title and earn MVP honours.

Meanwhile, in the UK, eGaming Review revealed that Kindred Group, Ladbrokes and many others had their money on the “underdog” Philadelphia team. Ladbrokes’ Jessica Bridge highlighted that Doug Pederson’s team was “friendless throughout the season, so we were cheering them on as a Patriots win would have been a bad result.”