Tag: Sportsbooks

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You Can Now Bet On The Olympics In Las Vegas

February 26, 2015 at 7:34 PM | by | Comments (3)

In December, South Point petitioned the Nevada Gaming Control Board to amend regulations to allow wagering on the Olympics in their sportsbook. Last week, that petition was recommended unanimously for approval. A final thumbs up was awarded this afternoon. The decision is effective immediately.

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Major League Baseball Season Win Totals

February 16, 2015 at 2:17 PM | by | Comments (4)

It may already feel like spring in Las Vegas, with temperatures in the 70s for the past two weeks, but it’s still a little while away. As someone who grew up on the east coast, I didn't need the weather to get warm to tell me what's just around the corner. All I needed to hear was that pitchers and catchers were reporting to spring training. That happens this week!

The Philadelphia Phillies are the first team to report to Major League Baseball spring training in Florida this Thursday, while the Oakland A’s will be the first team to report to spring training in Arizona on Friday. The first games aren’t until March, so you still have time to plan a Vegas/Arizona combo trip. This is a great trip for any baseball fan.

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GTECH Announces Mobile Sports Betting And Slots App For MGM Resorts

February 2, 2015 at 7:32 PM | by | Comments (7)

See how much fun you're about to have?

This morning at the ICE Conference in London, GTECH announced that they’ve signed a deal with MGM Resorts for a mobile sports betting and gaming solution. If the name GTECH sounds familiar, it’s because they’ve agreed to purchase American slot manufacturer IGT. The deal isn't finalized yet so this is still a GTECH product.

This is a multi-year agreement that will provide enhanced sports betting technology at ten MGM Resorts properties in Nevada. They are expected to begin a phased deployment in the third quarter of 2015, pending regulatory approvals. In other words this should be available in time for next football season. GTECH will modernize MGM’s sports betting offerings to include live in-play betting, and enable you to place sports betting wagers via mobile anytime, anywhere in the state of Nevada. In addition, GTECH will provide real-money, on-premise mobile casino and slot games.

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Super Bowl Betting Results And A Look Ahead To Next Year

February 2, 2015 at 1:56 PM | by | Comments (7)

By now you probably (hopefully) know the New England Patriots are Super Bowl champs, defeating the Seattle Seahawks 28-24. The point spread in the game went off in many Las Vegas sportsbooks as a pick ‘em so the Patriots covered the spread. The game also went over the total which was somewhere between 47 and 48, depending when and where you wagered. The win and total score ended up in a four-way teaser win for bettors. Usually, when sports bettors win, the result is bad for casino sportsbook operators. In the case of the Big Game, it wasn’t entirely good for bettors or bad for the sportsbooks.

With a huge menu of prop bets available sportsbooks may have been able to eek out an overall win. Prop wagers make up the majority in Big Game bets at the Westgate SuperBook while they only make up about 15% of Big Game wagers at Wynn. Every sportsbook operator offers a different number of prop bets so the results will vary. William Hill released almost 700 and here are some of the results of their more popular prop bets:

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Westgate Has More New in Store For March, April

Where: 3000 Paradise Road [map], 89109
January 26, 2015 at 5:16 PM | by | Comments (9)

Westgate's pool in October 2014.

Westgate owner David Siegel wasn't all talk. When he purchased the LVH last July, Siegel had big plans for the flailing off-Strip property. And, before year's end, he'd already started to deliver.

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Big Game Prop Bets Are Live At Westgate

January 23, 2015 at 12:12 PM | by | Comments (2)

Prop bets on the Big Game have become big business for sportsbooks in Las Vegas over the years. When the Las Vegas Hilton (now Westgate) first started releasing Super Bowl prop bets, they were seen as a nice addition to the wagering menu, but not much more. Today, the amount of money wagered on prop bets for the Big Game are almost equal to the amount wagered on traditional side and total options. Westgate's SuperBook is traditionally the first sportsbook in Las Vegas to release prop bets on the Big Game and to boast the most and they did so again last night.

As we mentioned a couple weeks ago prop bets are, generally, wagers made on specific actions during a game that don’t necessarily affect the outcome. There are more prop bets offered on the Big Game than any football game all year, but you’ll only see game-related and quantifiable prop bets in Las Vegas casinos. Prop bets in Nevada must confirmed through official league statistics. You won’t see “what will Katy Perry wear?” or “how long will it take to sing the national anthem?” here. Those novelty bets are only available in overseas sportsbooks.

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The New Westgate SuperBook May Resemble Lagasse's Stadium

January 19, 2015 at 9:39 PM | by | Comments (4)

When the LVH was purchased and the name changed to Westgate, there were plenty of promises about breathing new life into the historic hotel and casino.

Unlike the transformation of the Sahara to SLS Las Vegas, Westgate never closed. So guests and visitors have watched as new ownership added Purple Reign and Sexxy. (yes, with a period) to the entertainment roster and opened Sid's Cafe, a 24-hour cafe that now resides in the old high limit gaming area.

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Early Look At The Big Game Point Spread

January 19, 2015 at 4:21 PM | by | Comments (8)

One of the most exciting days in the football season was yesterday. For some football fans, watching two Conference Championship games in one day is more fun than watching one Super Bowl.

We now know that, in two weeks, the New England Patriots will take on the Seattle Seahawks in the Big Game. The Super Bowl is big business in Las Vegas as you’ve seen by the ever growing list of parties that we continously update. Watch parties are secondary for people like this gambler. Betting on the game is the real focus.

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Prop Bets Everywhere For NFL Playoffs

January 5, 2015 at 7:34 PM | by | Comments (0)

Prop bets are the untraditional sports bets that have made wagering on the Super Bowl Big Game so popular over the years. The SuperBook at Westgate became famous for releasing more prop bets than any other casino for the Big Game back when the hotel was still known as Las Vegas Hilton.

Things are different today and sportsbook operations have evolved to the point where prop bets have become a part of the wagering menu for all major sports events. This year, you can find a plethora of prop bets available for every NFL playoff game at almost every sportsbook in Vegas.

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The Best Sportsbook Of 2014

December 30, 2014 at 1:04 PM | by | Comment (1)

It's time for the fifth annual VegasChatter Awards! Today, we begin bringing you the best and worst of the year. All of our picks are based on what we've personally experienced in Vegas over 2014 -- the good, the bad and the mind-boggling.

For the longest time, whenever someone asked us to point them to the best sportsbook in town, we were like, bam! Lagasse's Stadium. But, this year, we started crushin' on another venue right across the Strip. It was older, but knew just how to make us happy. And now, we're ready to pledge our love publicly.

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A Look Back At Gambling In 2014

December 24, 2014 at 12:40 PM | by | Comments (3)

There’s been a slow shift in gaming over the past 20 years. And, much of it really started to stand out this year. Both casino floors and gaming companies have consolidated to, theoretically, create greater efficiencies. Aristocrat Technologies purchased Video Gaming Technology, Scientific Games merged with Bally Technologies, IGT was purchased by G-Tech and Multimedia Games was snapped up by Global Cash. You may be familiar with some of these names and not others. Mergers and acquisitions like this often create a more homogenized product for the customer by creating less competition. For the time being, these businesses are just streamlining activities.

After these manufacturers debuted their newest games at G2E this year, it doesn’t seem as though the industry can get any less creative than it already is. Let’s just take another TV show, musician or movie from 20-30 years ago and slap their name on a machine. Hopefully, this lack of creativity is just temporary.

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You May Soon Be Able To Bet On The Olympics And Oscars

December 9, 2014 at 1:50 PM | by | Comments (7)

There are some who say if people could legally bet on lab rats running through mazes, they would. While not that extreme the South Point has petitioned the Nevada Gaming Control Board to amend regulations to allow some non-traditional bets in their sportsbook. Execs are asking that wagering be allowed on events sanctioned by the International Olympic Committee as well as non-athletic events like the Oscars and the Heisman Trophy winner.

According to ESPN.com, the Westgate SuperBook and William Hill have sent Nevada Gaming Control official letters of support. There will be a public hearing to discuss the issue February 26.

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