Nevada gaming revenue drops slightly in March

Nevada gaming revenue drops slightly in March

Gaming revenue was $1.27bn in the third month of the year, down 1.1 per cent compared to March 2024.

US.- The Nevada Gaming Control Board (NGCB) has reported that the state’s casinos generated $1.28bn in gaming revenue in March. That’s a decrease of 1.1 per cent year-on-year, but an increase compared to February’s revenue of $1.21bn. Nevada saw the largest sports betting handle in 16 months due to March Madness.

The Las Vegas Strip generated $681.7m, down nearly 5 per cent year-on-year. Clark County as a whole, which includes the Strip, downtown Las Vegas, North Las Vegas, the Boulder Strip and surrounding areas, generated $1.1bn, a 1.7 per cent decrease. Washoe County, which includes casinos in Reno, Sparks and North Lake Tahoe, generated $81.8m, up nearly 7 per cent year-on-year. Slots accounted for $918.8m of all revenue, up 5 per cent compared to March 2024. Table, counter and card games revenue decreased by 9 per cent to $357.4m. 

The sports betting handle was $859.5m, a 9.4 per cent increase from March 2024 and the highest handle since November 2023. Online sports betting accounted for $612.8m but revenue was down 25 per cent to $22.3m. Online sportsbooks took $15.6m in revenue.

The state’s percentage fee collections totalled $79.3m in April 2025. This represents an 8.3 per cent decrease compared to the $86.5m collected in April 2024. Year-to-date tax collections are up by 0.2 per cent compared to the same period last year.

 


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