He said his book’s losses were mitigated by the fact their power numbers had the Knights as a better team than the market suggested for much of the year, so their odds on the Knights to win weren’t as high as in some other places.Įven though more money was at risk last time, he says he still wanted to see them win. Kornegay is also a frequent attendee of games at T-Mobile Arena.
“We can afford to lose this, and we’ll still be open the next day. “Circa Sports is in a scenario where the house loses on the Knights winning the Cup, but we’re rooting for the Knights in every manner,” he said. Don’t expect his enthusiasm to be curbed at all by the fact his book stands to lose quite a bit of money should the Knights lift the Cup. He can often be seen right on the glass behind the net in a Knights jersey, boisterously cheering on the team. There’s a similar sentiment at other executives around town, perhaps none more out front than at Circa.ĭerek Stevens, who co-owns the resort as well as the D Las Vegas and Golden Gate, is among the team’s most prominent supporters. “I told them the amount, and they all just dismissed it and said, ‘Go Knights Go,’” Kornegay recalled. The number wasn’t nearly as daunting as they faced should the Knights have won in their first Stanley Cup appearance in 2018 when they were a massive long shot and sportsbooks around the city would have been crushed. Jay Kornegay, vice president of Westgate Sportsbook, was tasked this week with sharing in a meeting how much liability the house faced in future bets should the Knights win the NHL championship by beating the Florida Panthers in a best-of-seven series that starts Saturday at T-Mobile Arena. That’s the kind of impact the Golden Knights’ run to the Stanley Cup Final is having around Las Vegas. (Ellen Schmidt/Las Vegas Review-Journal) a rare occasion when news of a potential financial loss could get a meeting room full of casino executives to break into an arena-style chant. Hotel-casino owner Derek Stevens, center left, and Mark Wahlberg, center right, watch the Golden Knights play the Dallas Stars during the first period in Game 2 of the NHL hockey Stanley Cup Western Conference finals at T-Mobile Arena on Sunday, May 21, 2023, in Las Vegas.
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