Nevada reports $1.22bn in February gaming revenue; Las Vegas Strip down 14%
Both the Las Vegas Strip and the wider state of Nevada reported decreases in revenue.
Key points:
– Nevada revealed it generated $1.22bn in gaming revenue for the month of February
– This was from 435 reporting licencees
– The 56 licencees from the Las Vegas Strip area collected $690.3m in revenue
The Nevada Gaming Control Board has released its gaming revenue figures for February 2025.
State of Nevada
For all nonrestricted locations statewide, total gaming revenue fell month-on-month to $1.22bn, when compared to the figures from January. This also represents a 9.3% decrease from the same period last year.
Table, counter and card games saw an annual 22% decrease to $401.7m, while slots took a small dip of 1.4% to $816m. Almost every individual demographic had fallen annually, with a few notable exceptions.
Baccarat fell 51% to $88.4m, blackjack dropped 21.5% to $104m and one-cent slots decreased by 26% to $153.4m.
Sports betting also saw several decreases, including a 31.8% decrease in basketball to $16.7m and a 49.3% drop in hockey to $2.2m. Baseball betting was the only negative revenue amount for this section, reporting a loss of $440,000.
Las Vegas Strip
Total gaming revenue from the Las Vegas Strip during the month of February 2025 was $690.3m, which was a 17.8% decrease from January and a 13.8% drop from the year before.
The total from card and table games fell 26.5% annually to $308.4m, while slot game revenue saw a marginal 0.3% increase to $381.9m.
The 56 reporting licencees on the Las Vegas Strip also saw widespread drops in individual games.
Almost all baccarat games in the state are played here, so the 52% drop annually to $87.5m is fairly identical to statewide figures. Blackjack saw revenue drop 28.3% to $77.4m, craps dropped 20.2% to $27.5m and one-cent slots fell by 29.6% to $55.4m. Pai Gow saw the steepest decline, reporting a 173.5% dip to $179,000.
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