![]() He predicted March Madness would generate $4.5 billion in sports wagers throughout North American sportsbooks once the men’s tournament concludes this weekend in Houston. ![]() “We estimate the first and second rounds is normally the highest weekly contribution of the tournament due to the sheer volume of games,” Beynon wrote in a research note. Macquarie Securities gaming analyst Chad Beynon said those four days of wagering on 48 games represent 70 percent of the gaming industry’s sports betting total for that particular week. Las Vegas sportsbooks have long been the foremost destination for the first weekend of the NCAA Men’s College Basketball Championship, when the 64-team field is whittled down to the Sweet 16 over four days. Howard StutzĬollege basketball gamblers came to Las Vegas for the start of March Madness and stuck around for an extra week. If a colleague or associate emailed this newsletter to you, please click here to sign up and receive your own copy of Indy Gaming in your inbox. Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
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