LAS VEGAS (AP) — Lady Luck was most certainly not the side of Las Vegas sports books during the Super Bowl as some reported six- and seven-figure losses in part due to a seemingly deep-pocketed mystery bettor and the many records set during the game, which allowed gamblers to cash in on proposition bets.
Gamblers wagered a record $158.6 million on the big game at Nevada’s 198 sports books, over $20.1 million more than in 2017. But the unaudited tallies released Monday by the Nevada Gaming Control Board showed sports books made a profit of only about $1.2 million on the action, around $9.8 million less than in 2017 and not even close to the $19.7 they cleared in 2014.
Sports books around Las Vegas had selected the New England Patriots over the Philadelphia Eagles to win their second straight Super Bowl. Bookmakers initially posted lines ranging between 5 and 6 1/2 points and the over/under for total points scored in the game at 48.
“The game didn’t quite go exactly the way he had hoped for, but we kind of grinded out a small win on this particular event when you consider all things,” said Jay Rood, who heads sports betting operations for MGM Resorts International, where the Patriots were a 4.5 favorite. “When you consider us as an overall hotel-casino company, I think at the end of the day, we are going to be all right. We had thousands of people here enjoying themselves watching the...