Las Vegas sportsbooks suffer 'colossal' losses from NFL weekend action

BY Rob Perez • January 16, 2017

With the home-team New England Patriots and Atlanta Falcons not only pulling out victories Saturday but covering their spreads as well -- combined with the underdog, betting-friendly Green Bay Packers and Pittsburgh Steelers winning their games outright on Sunday, several sportsbooks in Las Vegas (per ESPN) reported extreme losses and high paydays for the betting public.




Jay Rood, vice president of MGM race and sports:

"It's just colossal."

"Awful. Can't be worse."

"Seemed like a blue-collar betting day with public parlaying, teasing and pounding money lines on Packers and Steelers ... We salvaged the under in (the) late game, but another solid week for the public."

William Hill, which operates sportsbooks at 108 locations throughout the state, reported suffering the worst day in the company's five-year history in Nevada. So much parlay liability had built up over the weekend, the book's "seven-figure" fate was sealed before the underdog Pittsburgh Steelers beat the Kansas City Chiefs 18-16 Sunday night.



share story