As winner of the 2019 NHC Tour, David Gutfreund, 57, stands to collect a record $6 million in bonuses in addition to the first-place prize of $800,000 if he can outlast roughly 670 other handicappers in the three-day contest.
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Morgan said in an interview after the hearing that state regulators deal with illegal gaming operations “all the time,” and the bill would give them another tool to combat those kinds of activities.
A game that set a Super Bowl record for futility fell well short of setting a Nevada record for betting handle. The books won $10.7 million on the game, which was the lowest-scoring Super Bowl ever, for a 7.4 percent hold, or win percentage.
South Point bettor wins a 400-1 prop on a $250 bet when Greg Zuerlein misses 48-yard field goal with five seconds left in Rams’ 13-3 loss to Patriots in Super Bowl LIII.
New Jersey gambling regulators say its sportsbooks lost $4.6 million on $34.9 million in Super Bowl wagers, the first major sporting event for bettors since sports gambling was legalized in the state last year.
One index prop that always gives the books a huge liability is for either team to finish with two points, which pays 10,000-1 odds.
A late flurry of money poured in on the Rams and Patriots before Super Bowl LIII, including at least three $1 million-plus wagers, giving bookmakers reason to believe the total amount wagered in the state could eclipse last year’s record of $158.6 million.
The total opened at 27½, before quickly moving to 28 following the second lowest-scoring first half in Super Bowl history (the Steelers led the Vikings 2-0 at halftime of Super Bowl IX in 1975).
MGM Resorts, Caesars Entertainment, the Westgate, Boyd Gaming, CG Technology and Station Casinos sportsbooks all need the Rams to cover.
Despite a late flurry of money on the Rams, including wagers of $2 million and $1.5 million, Las Vegas sportsbooks needed Los Angeles to cover the spread against the Patriots less than 24 hours before kickoff of Super Bowl LIII.