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Super Bowl Generates $119.4 Million In Nevada Bets

The state of Nevada saw $119.4 million in Super Bowl bets, with the state's sportsbooks bringing in $19.7 million in profit off of the action.

The numbers were reported by the Nevada Gaming Control Board, who claimed that the number of bets generated was a new record, up from the record of $98.9 million that was set last year.

The $19.7 million in profit was also a record, which overtook the previous $15.4 million high mark won by casinos in 2005 and represented a win of 16.5% of the overall bets placed, which is much higher than normal.

Super Bowl XLVIII saw the 2.5 point favorite Denver Broncos blown out by the underdog Seattle Seahawks 43-8.

In the past 20 years, Nevada sportsbook have only lost money twice. The last time the casinos took a hit in the big game was in 2008 when the New York Giants upset the 17-0 New England Patriots.

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