After William Hill paid $548,000 last year to cover an overlay in its College Pick’em football contest, the book lowered the guaranteed cash prizes from $1 million to $500,000.
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The state’s sportsbooks won $12.6 million on $136.1 million in wagers on Super Bowl LV, according to figures released Tuesday by the Nevada Gaming Control Board.
The decline comes as 29 million more American adults have access to legal sports betting in their home state, 54 percent more than at the start of last season.