Record-breaking revenue for Nevada sportsbooks during Super Bowl, totaling approximately $22.1 million in winnings.
Las Vegas' Record-Breaking Super Bowl Betting Streak
burg.com - Buck Wargo
Hey there!Let's talk about the jaw-dropping Super Bowl betting performance in Nevada this year.With an all-time high win of $22.1 million, our very own Vegas casinos took the betting world by storm despite a drop in total bets from previous years.
According to the Nevada Gaming Control Board, this year's Super Bowl wagers amounted to $151.6 million, resulting in a 14.6% hold – quite the impressive feat!
Last year, when the Super Bowl was held in Vegas itself, the win for the casinos was a little less at $11.1 million on a 5.9% hold with a record handle of $190 million. The previous high win total was $18.7 million on a 12.1% hold in 2020, followed by $13.3 million in 2016 and $12.5 million in 2021.
Interestingly, the handle for the Super Bowl of 2023, where Kansas City beat Philadelphia, was $153.1 million, just a tiny bit more than in 2022 when Los Angeles defeated Cincinnati, and significantly less than in 2019 when New England beat Los Angeles.
Here's a quick rundown of the handle for some other Super Bowls over the years:
- $179.8 million in 2022, when Los Angeles beat Cincinnati
- $136 million in 2021, when Tampa Bay beat Kansas City
- $154 million in 2020, when Kansas City beat San Francisco
- $145.9 million in 2019, when New England beat Los Angeles
- $158.5 million in 2018, when Philadelphia beat New England
- $138.4 million in 2017, when New England beat Atlanta
- $132.5 million in 2016, when Denver beat Carolina
Clearly, Nevada's sportsbooks have been no stranger to significant wins on the Super Bowl. However, it seems like this year's performance takes the cake as the record-breaker. So, next time you place a bet, remember – Vegas may just be the lucky charm you need! 🚀💰
Fun Fact- In terms of overall sportsbook performance, Nevada has shown a strong track record, with win rates as high as 6.9% or more in some months[3].
References[1] Yahoo Sports [2] Statista [3] Marca [4] The Action Network
Sportsbooks in Las Vegas not only continue their impressive performance in overall sportsbook performance but also made a record-breaking win of $22.1 million in sports-betting during this year's Super Bowl, even with a drop in total bets compared to previous years.
