Las Vegas hosted the Super Bowl, an event that garnered attention since the announcement of its host city. The $185.6 million betting handle in Nevada broke the previous record of $179.8 million, set in 2022, indicating the city’s potential as a top contender for hosting future Super Bowls. Jay Kornegay from the Westgate SuperBook stated that it was expected for the betting handle to break records as it was Las Vegas’ first time hosting the game.
Chuck Esposito, the Sportsbook Director at Red Rock Resort, noted that the betting handle increases with events like the Raiders and the Knights, and expressed confidence in achieving a higher number for this edition. Michael Lawton, Senior Economic Analyst from NGCB, credited the matchup of the Kansas City Chiefs and San Francisco 49ers for the high betting handle.
Eight places recorded bets worth $1 million or more, with five of them from Las Vegas. NGCB Chairman Kirk Hendrick congratulated the stakeholders for this achievement. The Super Bowl LVIII was an upset for the 49ers, who led until halftime but eventually lost to the Chiefs in overtime. Las Vegas is hopeful for hosting more Super Bowls in the future, with NGCB optimistic about breaking historic betting handle records if the NFL brings the game back to the region.
Furthermore, the TV broadcast of Super Bowl LVIII broke the rating for the Apollo moon landing, highlighting the massive viewership and interest in the event. This success has sparked anticipation for a surge in wagering activity surrounding future Super Bowl events, with online football betting sites eagerly awaiting the prospect.