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16th May 2007, 09:19 PM
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NBA Betting: “In 2006 we were hammered, now we are ready to tank”
Figures released by the Nevada Gaming Control Board indicate that Nevada’s Sports Books saw a 17% drop in profit from basketball wagers when compared to the same period in 2006. Opinions on why this is vary, however many agree that there is less general betting interest in the NBA. NCAA basketball and its March Madness tournament however consistently bring good results every March.
John Avello is the director of race and sports operations at Wynn Las Vegas. "The (17 percent) is not really a surprise. People just don’t care about the NBA regular season.” Avello also said that NBA figures in March have declined over the past three years. He does, however, expect it to flatten out. "I think it has reached rock bottom," more here: NBA Betting Decline
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