Nev. sports books suffer record loss after World Series
By Todd Dewey, Las Vegas Review-Journal
Nevada sports books lost a record $11.4 million on baseball in November after bettors cashed on the Astros beating the Los Angeles Dodgers in Game 7 and on futures wagers on Houston to win the World Series.
It was the largest baseball loss ever suffered in a month by the state’s sports books, according to Michael Lawton, the Nevada Gaming Control Board’s senior research analyst.
The books’ previous record baseball loss was $6.2 million in November 1999, when bettors cashed their winning tickets on the New York Yankees following their World Series sweep of the Atlanta Braves.
