The uptick for Nevada’s casino gaming revenue continued in November, with the industry bringing in $1.35 billion, according to the Nevada Gaming Control Board.
That total accounted for a 2.4% increase compared to $1.32 billion in November 2024. For the current fiscal year (July 1 through June 30), revenue has increased 2.8% to $6.6 billion.
The positive revenue numbers come despite a drop on the Las Vegas Strip, which fell 0.6% to $784.3 million. High-stakes baccarat appeared to once again play a role in that, dropping 5.7% to $137.3 million. The game typically attracts high-rollers and the game’s ups and downs can have a significant impact on monthly revenue.
Overall table game revenue on The Strip fell 6.7% to $362.8 million. Slot machine revenue also fell, 0.6% to $784.3 million. The declines in Strip revenue fell in line with visitor numbers for the city. Visitor volume dropped 5.2% to 3.1 million, according to the Las Vegas Convention and Visitors Authority. Hotel inventory dropped 0.6% to 547,000 and total occupancy slid 2% to 79.4%.
Downtown Las Vegas & Beyond
Other parts of Clark County fared much better. Downtown Las Vegas surged 10.3% to $87.2 million, while the Boulder Strip was up 20% to $79.5 million. Laughlin was up 11.6% to $38 million, Mesquite saw revenue rise 10.7% to $18.2 million, and North Las Vegas jumped 4.7% to $18.2 million.
The rest of the state yielded mixed results. In northern Nevada, most major gaming locations saw revenue decreases. North Lake Tahoe was down 3.8% to $1.7 million and South Lake Tahoe slid 4.6% to $13.8 million. Sparks saw a smaller drop of 0.8% to $14,9 million. However, Reno numbers increased 7.1% to $55.6 million.
Elko Country, located in the on the Nevada-Idaho border, saw strong numbers, rising 5.3% to $35.6 million. Wendover accounted for $24.3 million, up 4.6%. The Carson Valley area rose 2.2% in November to $11.6 million.
The news comes as the casino industry is concerned about the possible impact of the new gambling tax provision in the One Big Beautiful Bill, which went into effect Jan. 1. The provision allows gamblers to deduct only 90% of losses. Las Vegas casino executives recently met with lawmakers in Washington D.C. in an attempt to reverse the law.
