NCAA Final Four Boosts Casino Revenue Over Ten Percent

The NCAA likes to go on record and say that they do not approve of gambling. They are much like the NFL in that the popularity of their main sports is directly tied to gambling on their games.

This week, the NCAA, despite their outward effort to loathe gambling, have helped casino gambling thrive in the city of Detroit. The city was the site of the college basketball Final Four, and two casinos in Detroit had revenue increases the days the Final Four was in town.

MGM Grand Detroit saw their revenue increase by twelve percent on April 3rd through the 5th. Motor City also experienced an increase of six percent over the same period a year earlier.

The majority of people who came to Detroit to watch their teams play were alumni, who typically spend thousands of dollars on these sort of trips, and college students, who have no problems admitting they love their gambling.

The NCAA recently threatened the state of Delaware, telling them that if they approve legalized sports gambling, they would no longer be eligible for any post season NCAA events. While issuing that threat, the NCAA had no problems putting the Final Four in a city where casino gambling is prevalent.

The North Carolina Tar Heels cruised to this year's NCAA Championship, and Ty Lawson was one of the main reasons why. He admitted, however, to reporters, that he spent the first night of his trip in a Detroit casino.

April 21, 2009
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
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