Nevada has reported its gaming revenue results for April 2024. In total, gaming revenue came to $1.24bn, up 7% year-on-year, with slots generating a total of $886.8m (up 5.9%) and the remaining $353.4m coming from table, counter and card games, reflecting growth of 9.8%.
Total slots
Of the total $886.8m made from slots, the largest contribution came from multi-denomination machines, which made $586.8m, up 26.4%. This was followed by 1¢ machines, which made $216.6m, though this reflected a year-on-year decline of 21.5%.
In terms of growth, the largest increase in April revenue was reported by $25 slots, which were up 137.6% to $1.4m. The most significant decline was reported from $5 slots, which were down 39.6% to $4.5m.
Total table, counter and card
Meanwhile, of the $353.4m made by table, counter and card games, blackjack was the most significant financial contributor, making $110.2m, or 31.2%, of the total statewide revenue. This was also the second-highest growth rate of any of the games in this category, up 16%.
The largest year-on-year growth came from baccarat, which was up 72.5% to $76.1m. On the other hand, the most significant decline was reported from craps, which was down 25.5% to $30.3m.
Sportsbooks are also included in this category. In April, Nevada saw mobile sports betting grow 32.1% year-on-year, totaling $24.5m.
Las Vegas Strip
In April, the Clark County Las Vegas Strip area made $666.1m in gaming revenue, up 6.6% year-on-year. Of this, $409.3m, or 61.4%, came from slot games, while the remaining $256.8m came from table, counter and card games. This reflects growth of 5.1% and 9.2% respectively.
Much like the state as a whole, multi-denomination slots contributed the most to overall slot revenue, making $276.9m with a growth rate of 28.2% year-on-year. 1¢ slots followed with $83.7m, though also saw a decline, falling 27.8%.
Table, counter and card games read similarly, with blackjack coming out on top, followed by baccarat. However, these two were far closer in revenue compared to the state as a whole, making $81.7m and $76.7m respectively.
One area where the Strip shone in April in opposition to the state as a whole was in keno. Overall, keno in Nevada fell 5.8% year-on-year, making a total of $1.5m, while on the Strip keno revenue grew 18.1%, outperforming blackjack in terms of annual growth. However, actual revenue from keno was minimal, making just $182,000.
Clark County Boulder Area
The second-largest revenue generated in April by an area in Nevada was the Clark County Boulder Area with $83.1m, outperforming Downtown Las Vegas by less than $100,000. This reflects growth of 8.5% year-on-year.
While slots were up 10.9% to $74.6m (accounting for 89.8% of Boulder’s gaming revenue), table, counter and card games reported a year-on-year decline of 9.8%, making a total of $8.2m. This is despite a significant decline in $5 slot revenue, declining by 133.35 with a loss of $33,000.
Of the reported games in this category, only sports betting, Pai Gow Poker and blackjack saw any amount of growth, up 35.2%, 20.7% and 1.1% respectively.
The most significant year-on-year decline in this category was reported by bingo, which was down 59.8% to $209,000. This was followed by Ultim Texas Hold’em, which was down 47.7% to $290,000 and roulette, which fell by 31.7% to $461,000.
Downtown Las Vegas
Making $82.8m in April, Downtown Vegas saw its revenue up 11.1% year-on-year. Here, while slots reflected similar trends seen on the Strip and the state as a whole (with multi-denomination and 1¢ dominating the venue share), table, counter and card games showed some peculiarities.
Sports betting was the largest revenue contributor in this category, making $10.6m of the categories total $24.8m. This reflects growth of 19.9% year-on-year, though this was not the sector that saw the most significant growth. That accolade would go to keno, which much like the Strip saw notable growth, up 54.7% to $189,000.
The second largest financial contribution in this sector came from blackjack at $5.7m (up 13.2%) and craps at $2.8m (up 1% year-on-year).
