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Johnny Avello

Super Bowl generates mixed results for odds makers

in Apolitical/Top Headlines by

Las Vegas oddsmakers thought they might be headed for a big payday, but the New England Patriots — thanks to a successful two-point conversion that led to the first-ever Super Bowl overtime — left them with mixed results instead. Gamblers wagered a record $138.5 million at Nevada casinos on the big game, almost $6 million more than last year. The unaudited tallies released Monday by the Nevada Gaming Control Board showed sports books made a profit of more than $10.9…

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Gambling or not, daily fantasy sports faces scrutiny

in Apolitical/Top Headlines by

Think wagering $20 to win $1 million by picking a winning combination of NFL players for a fantasy team this Sunday is gambling? The league says it isn’t. So do fast-growing daily fantasy sports companies such as DraftKings and FanDuel that offer the games and advertise with the long gambling-adverse pro football organization. But as the lucrative NFL betting season ramps up and advertisements from DraftKings and FanDuel are as hard to miss as an extra point, Las Vegas casinos…

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