Nevada Sportsbooks Accept $153.2 Million in Wagers on Super Bowl

Nevada Sportsbooks Accept $153.2 Million in Wagers on Super Bowl

Betting activity down almost 15% compared to 2022

by - Tuesday, February 14th, 2023 12:50

NFL Sports Betting

Nevada sportsbooks accepted wagers worth $153.2 million on Sunday’s Super Bowl, considerably less than the previous year’s record of $179.8 million.

On Monday, the Gaming Control Board reported that bets on the Super Bowl LVII, which saw the Kansas City Chiefs beat the Philadelphia Eagles 38-35, were the fourth-highest in history.

Nevada Sportsbooks Accept $153.2 Million in Wagers on Super Bowl operators held 7.4% of all wagers on the game collecting $11.3 million. This represents the lowest total since 2019, when operators won almost $10.8 million.

Nevada Sportsbooks Accept $153.2 Million in Wagers on Super Bowl revenue total for Nevada sportsbooks came in 2020 when operators reported $18.8 million in revenue after the Chiefs beat San Francisco, 31-20.

Nevada Sportsbooks Accept $153.2 Million in Wagers on Super Bowl

However, Lawton noted that there was at least one seven-figure wager and several six-figure wagers on Sunday’s game.

Lawton also noted that football wagering was down 6.9% in the last quarter of 2022, compared with 2021. However, this same period saw sportsbooks set all-time records for revenue of $46.7 million and wagers of $8.7 billion.

According to GeoComply, more than 100 million geolocation checks were processed Saturday and Sunday on mobile sports betting apps. This figure was an increase of about 25% from last year’s Super Bowl. With 13.9 million geolocation checks, New York had the highest percentage among all states.

GeoComply also said that more than 100,000 check-ins were verified from the vicinity of State Farm Stadium in Glendale, Arizona, where the game was hosted.

Ciaran McEneaney

Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.