Nevada February 2024 gaming figures: Revenue up 9% to $1.34bn

The numbers for Nevada are out, with some table games up and others down, this year’s trends seem to be starting out strong.

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The Nevada Gaming Control Board has released figures for February 2024.

Starting with the state of Nevada as a whole, revenue increased by 8.5%, up to $1.34bn, when compared to the month before.

Table games totalled $514.6m, marking an increase of 24%, while slot machines barely crept up 0.6% for a total of $827.6m.

Taxable revenue for Nevada fell 2% down to $1.17bn.

Focusing on the Las Vegas Strip area, the total win amount was $800.7m, which is an increase of 17% when compared to the year prior and 12% to the month prior.

Unsurprisingly, baccarat once again came out on top, with a total revenue of $180.5m over 413 units - the statewide total was $180.1m.

This month, revenue attributed to baccarat alone skyrocketed by 82% annually and 86% from January.

This follows a recent trend of baccarat rising in popularity on the Las Vegas Strip, outperforming everything other than multi-denomination slots.

In comparison, revenue this month from blackjack was $107.9m, one-cent slots were $78.8m and roulette was $24.4m.

Also in line with the trend was an overall decline, with an exception for baccarat.

The $24.4m revenue from roulette was a 28% decline from last month, Pai Gow dropped 278% to -$243,000 and all of the slots other than multi-denominations fell somewhere around 30%.

To be specific, one-cent slots decreased by 29%, one-dollar slots fell by 27%, and both five-dollar and 25-dollar slots were in decline by 28%.

Racebooks reported a drop of 11% down to $726,000 in revenue, but sports wagering on mobile rose 136% to $9.9m.

The taxable revenue for the Las Vegas Strip area fell this month by 6% compared to January, down to $635.8m.

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