The Super Bowl saw massive betting activity, with a projected $1.39 billion wagered leading into the game. While many sportsbooks profited significantly, states like Pennsylvania took losses due to heavy betting on the Eagles, despite overall records in betting amounts. Nevada reported $22.1 million in record net winnings, while New York and New Jersey also saw impressive revenues. Notably, the game's outcome solidified the Super Bowl as BetMGM's single-biggest betting event. Kansas, conversely, saw sportsbooks thrive with a majority of bets placed on the Chiefs.
American Gaming Association predicted a record $1.39 billion wagered leading up to the Super Bowl, with sportsbooks seeing significant profits despite varying outcomes across states.
Despite different betting landscapes across states, the Super Bowl represented the single-biggest betting event in BetMGM's history, showcasing extensive bettor engagement.
In Pennsylvania, despite record overall bets, sportsbooks faced losses due to heavy wagering on the Eagles, while Kansas benefitted from bettor preferences for the Chiefs.
The Nevada Gaming Control Board reported a record net win of $22.1 million, even amid a 20% decrease in handle compared to last year.
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