Bookmakers lost record-breaking Super Bowl.
Sportsbooks placed massive bets on the 2024 Super Bowl, with $185.6 million wagered in Las Vegas alone, smashing the previous record of $179.8 million.
Still, the Nevada Gaming Control Board reported that sportsbooks earned a cumulative total of $6.8 million, or 3.7 percent of the $185.6 million in total action. ben fawkes.
But only a small percentage of that actually matters.
All things considered, this is essentially a loss for Las Vegas, as it’s only a $6.8 million profit compared to the overhead costs required to keep the building open.
That $6.8 million figure is unlikely to cover the overnight staffing and electricity costs for all Las Vegas casinos.
Still, Vegas has only lost twice in the Super Bowl since 1991.
But the amount received was anything but rosy for the team, which did everything in its power to avoid liability for the huge amount of public money flowing into the Chiefs.
Many sportsbooks appear to have lost money on this match.
“It was very disappointing for the Chiefs and OT,” said Jeffrey Benson, Director of Operations at Circa Sportsbook. fox sports.
“But the lights come on in the morning like always. No one feels bad if the house loses, including my own mother.”
Benson too The photo has been posted A long line of winning Chiefs bettors waiting at desks for money as Kansas City dominated in overtime.
Circa, a powerhouse sportsbook in Las Vegas, lost this match, but that’s not all.
BetMGM’s online sportsbook also reports a large amount of debt for the Chiefs, with 72 percent of online bets placed on Kansas City.
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Meanwhile, Caesars told the Post that 67% of the spread handle went to Kansas City and 59% of the moneyline money went to the Chiefs. This is despite a handful of his six-figure and his seven-figure bets being made against the 49ers, almost exclusively on Caesars.
While those sportsbooks definitely lost, DraftKings reported some strong numbers and sounded like a winning effort on Sunday.
“Overall, it went well, much better than I expected,” said DraftKings’ sports director. Johnny Abello told Folks. “We needed the 49ers on the side and considering the overall combination of things, it worked out for us. Overall we’re happy with the handle.”
