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Monday, Nov 26, 2018

Casinos In Nevada Hoping Mayweather Jr. And McGregor Are Back Fighting Soon

Mayweather (left) and McGregor (photo via UFC / YouTube)

It is now over one year since Floyd Mayweather Jr vs Conor McGregor took place in Las Vegas and the bookmakers are all hoping for a rematch at some point in the near future. The reason for this is due to the amount of revenue these two worldwide famous sporting stars are able to produce. This year the bookies have made less than last year which is all down to the number of money wagered on that super fight between boxing and UFC.

There are a number of casinos that have managed to buck the trend and make more turnover than previously last year such as Caesars Casino but not many have managed to achieve this. The total revenue for August 2018 fell 8.3% and in June it was 7.7% down compared with during the same time the build-up and fight took place between Mayweather Vs McGregor.

The McGregor Vs Mayweather fight also brought in all of the celebs and high rollers into town which was of great reward for the Vegas Strip. Famous casinos such as Boulder Strip saw their same year on year total drop by 16.3% at just over $62 million. All of the casinos combined for the same period faired a little better at a drop of 12.4%.

The best performing game at casinos during this period were the slot machines which only slightly fell by 1%. Table games such as Roulette, Poker, Blackjack, Craps and Baccarat were one of the biggest hit falling by one fifth compared to the MayMac boxing fight during 2017. These types of games are popular with overseas gamblers which all flow in when super fights are in town.

The biggest fall in revenue for the comparable period was Blackjack which by fell a huge 25%. Roulette was next in line with an 18.5% dip followed by Baccarat which was one of the best performing table games which fell by just over 8%.

The main area that was worst hit was the casino sportsbooks which missed out on the record betting number placed on the Mayweather McGregor fight. It dropped by a whopping 62.9% and brought in only $12.6 million.

It is not all doom and gloom; however, as there are positive signs going forward for Casinos in Nevada as Baseball has shown signs of a recovery along with football. They are both still down on last year’s totals but that is down to no event been able to recreate the interest in visiting Las Vegas that the MayMac fight was able to generate.

It is unlikely that we will see a rematch between Mayweather and McGregor but we may see them on the same card fighting in the UFC. Mayweather has stated his interest in having a fight in MMA for some time now but many do not believe it will ever happen due to Floyd having no mixed martial arts experience it would be an easy night’s work for the notorious one.

posted by FCF Staff @ 1:57 pm
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