Las Vegas Sports Books Win, Barely

Anthony Curtis’ nationally syndicated weekly column.

Feb. 9., 2011

Las Vegas’ sports books took in $87.5 million in bets on the Super Bowl and were lucky to escape with a $724,000 profit, representing a minuscule .83%. The combination of the favorite Packers winning and the score going over the total of 45 was a worst-case scenario for the books, since the public traditionally bets favorites and over. However, other wagering options for the game, including proposition bets and parlay cards, won enough to overcome the losses. The house doesn’t always win, but it usually does—this was the 15th time in 16 years of tracking that the casinos have won on the Super Bowl. The lone loss of just under $2.6 million came in 2008 when the Giants beat the Patriots.

Buffet Deal: Get 2-for-1 buffets at the Suncoast every Friday, Saturday, and Sunday in February. The offer is good for breakfast, lunch, and dinner and you need only show a players club card to get the deal; membership is free. The Suncoast is located on the far west side of town.

Chip Thief Caught: A man has been arrested in the robbery of $1.5 million in chips from a Bellagio crap table. The suspect, the son of a Las Vegas Municipal Court judge, was apparently staying at Bellagio when he was arrested while trying to sell some of high-denomination chips he’d stolen to undercover police. 

Restaurant Closing: Silk Road at Vdara is closing in March. A new café is planned that will include a grocery and coffee bar. It’s the latest development in an ongoing tweaking of the huge CityCenter complex.

Question: Has Cher ended her run at Caesars? Who will replace her?

Answer: Cher performed her 200th and final show at the Colosseum at Caesars Palace last week, concluding a two-and-a-half-year run. A schedule of revolving headliners is planned, leading up to the return of Celine Dion in 2012.

For more information about current Las Vegas shows, buffets, coupons, and good deals, go to www.LasVegasAdvisor.com.

This entry was posted in Print/Online and tagged , , , , , . Bookmark the permalink.

Comments are closed.