Super Bowl Stimulates Gambling Industry
20th January, 2009
The Super Bowl is probably the largest single day sporting event in the world today. The end of the NFL season climax’s with the winners of the AFC and NFC battling to become the best in the US.
Now that the two teams have been established, Arizona Cardinals and Pittsburgh Stealers, wagering on the outcomes has begun. The event is usually the biggest event of the year, with millions of people expect to place bets of the days running up to the big game. Many sporting industry analysts believe it to be the annual highlight of the sports gambling year, and this year looks like it will follow suit.
In 2006 the Super Bowl between Pittsburgh and Seattle managed to draw in a record handle of $94.5 million, and that was just in Nevada Casinos. However this record is not expected to be broken due to the financial crisis that has descended on the world economy.
Online Casinos, online sports betting, Europeans venues and even neighbourhood bookies are expected to notice the drop in betting figures from previous years. However many will still see and big increase in bets and profits, as the Super Bowl has always stimulated the gaming industry.
Vegas sports-bookmakers expect a good return on bets as, the following for the two teams grows. Pittsburgh although favourites will not have all the bets, with punters unable to pass up the opportunity to bet on the ‘underdog’, Arizona are likely to get their share.
By Rommon
