Vegas gonna be lucky to be a City in 10 years.
House of cards about to implode upon itself. Was never designed to be a "city" of residents and children and park and recreation. It has no basic social infrastructure or organic material industry.
It is gambling...discretionary foreign income. If they'd been able to lure Hollywood to the desert they'd maybe survive, but Vegas and the idea of the suburban lifestyle around Vegas, just does not seem sustainable with the gambling industries current business plan. MGM & Ceasars are the two biggest players and theyre off 50% year over year and their own CEOs admidt theyre fukked.
Nevada sportsbooks see lowest Super Bowl betting handle since 2016
LV REVIEW JOURNAL SUBSCRIPTION
Star power and excitement were way down in Super Bowl 60. So was the betting handle in Nevada.
The amount of money wagered at the state’s 186 sportsbooks on the Seattle Seahawks’ 29-13 win over the New England Patriots in Sunday’s NFL title game was $133.8 million, according to figures released Monday by the Gaming Control Board.
That number is the lowest in Nevada since 2016 ($132.5 million) and more than $50 million shy of the state’s record Super Bowl handle of $190 million set in 2024 for the first Super Bowl played in Las Vegas.
The state’s sportsbooks won $9.9 million on the game for a hold, or win percentage, of 7.4 percent. The books won a record $22.1 million from a handle of $151.6 million in last year’s Super Bowl in which the Philadelphia Eagles beat the Kansas City Chiefs, 40-22.
The Seahawks, led by quarterback Sam Darnold and Super Bowl MVP running back Kenneth Walker III, covered as 4½-point favorites over the Patriots, who were led by second-year quarterback Drake Maye.
“One of the factors was probably a lack of star power,” Westgate vice president of race and sports John Murray said. “I know Drake Maye has a chance to be a great player, but he’s still at the beginning of his career. Even the one year the Super Bowl didn’t have Tom Brady or Patrick Mahomes, it was still Matthew Stafford versus Joe Burrow.
“The main reason is sports betting all over the country now.”