‘Go Knights Go’: Las Vegas sportsbook operators choosing civic pride over profit

Saturday, June 3, 2023 6:13 PM
  • Adam Hill, Las Vegas Review-Journal

It’s 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.

That’s the kind of impact the Golden Knights’ run to the Stanley Cup Final is having around Las Vegas.

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.

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.