Nevada’s casino market once again saw a slip in revenue in May, falling 2.2 % to $1.29 billion from $1.32 billion from the same month in 2024, according to the Nevada Gaming Control Board.
The 2024 fiscal year is almost complete, with only June’s numbers left to publish. Compared to the 2023 fiscal year at this point, overall casino revenue decreased 1.18%.
Unlike other major gambling markets, Nevada hasn’t legalized online casinos. Gamblers in the Silver States have online poker as their only online gaming option.
As Clark County Goes, So Does The State
Clark County, home to Las Vegas, saw some significant drops that played a major role in the overall negative numbers. The Las Vegas Strip dropped 3.9% to $713.8 million, down from $732 million in 2024.
Table game and slot revenue both saw drops. Slot numbers were off 5.4% to $381.2 million while table games fell 2.1% to $332.6 million. High-stakes baccarat seems to have played a major role in table game declines, with the game seeing a revenue fall of 10% to $109.9 million.
Downtown Las Vegas hemorrhaged revenue, falling 11.4% to $66.4 million from $74.9 million last May. The negative Las Vegas numbers tracked with a 6.5% drop in visitor traffic, according to the Las Vegas Convention and Visitors Authority. Hotel room occupancy also declined 2% as well.
The Boulder Strip fell 8.4% to $77.8 million from $84.9 million for the same month in 2024. There were a few bright spots in Clark County. North Las Vegas was up 6.5% to $26.3 million and Laughlin was up $43.2 million. Mesquite also saw a gain of 9.7% to $17.8 million.
In other parts of the state, results were mixed. Reno revenue fell 2.8% to $63.4 million and North Lake Tahoe declined 2.5% to $1.9 million. South Lake Tahoe had the largest drop in the state, falling 23.4% to $13.5 million.
Sparks reported a gain of 11.8% to $17.2 million. Elko County and the Carson Valley area also saw increases. Elko jumped 6.5% to $35.8 million while the Carson Valley area was up 7.20% to $12.8 million. The state collected $79.2 million based upon taxable revenues generated in May 2025, a 7.7% ($6.6 million) decrease from June 2024.
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