US states with legal sports betting are reflecting on a busy weekend of wagering on this year’s Super Bowl, with Nevada and New Jersey publishing preliminary sportsbook data. In its update, the Nevada Gaming Control Board revealed that less was wagered in the state than on last year’s big game. The total amount wagered for the Patriots Rams game was $145,939,025 versus $158,586,934 on 2018.
The Board’s Chairwoman, Sandra Morgan, noted: “Unaudited figures show a sports book win of $10,780,319 was recorded on wagers totaling $145,939,025. This resulted in a hold percentage of 7.4%. The win eclipses 2018’s Nevada sportsbook performance of $1,170,432, a hold percentage of just 0.7%.
New Jersey’s Division of Gaming Enforcement also announced preliminary wagering data related to the big game. “This is the first year that betting has been authorized on the Super Bowl since sports wagering was legalized in New Jersey in 2018,” it said. “Preliminary wagering statistics reported by Atlantic City casinos and New Jersey horse tracks show that $34,894,900 was wagered with a total sportsbook payout of $39,469,147.
“This resulted in a loss of $4,574,247, which represents a negative hold percentage of 13.11%. These revenue figures include New Jersey’s 10 land based sports wagering lounges and 11 online mobile sports wagering brands. It should be noted that one online mobile sports wagering brand was granted approval to open to the public on January 31, and was in soft play during the Super Bowl and is included in these statistics.”