Led by downtown Las Vegas and the city’s neighborhood casinos, Nevada posted a solid 2.4% statewide gain in gaming revenue in November. The Strip recorded a slight decline, despite an increase in wagering, due to a drop in baccarat and other table-game hold.
Nevada reported $1.34 billion in revenue in November, up from $1.31 billion in November 2024.
The Strip, which hosted an influx of visitors for F1 and Thanksgiving, reported $784.3 million in revenue, down from $788.7 million or .56%. The good news for the Strip was slot revenue, which rose 5.5% in November to $421.6 million, up from $399.7 million, with handle up 5.3% to $5.53 billion, an increase from $5.25 billion. Slot hold held steady at 7.6% year over year.
Strip baccarat revenue, however, fell 5.7%, despite a 9.2% gain in drop. The reason was that the hold fell from 17% to 14.7%. Non-baccarat table revenue on the Strip fell 7.4%, with a 4% decline in drop. Hold fell from 15.6% to 14.4%. For the first two months of the fourth quarter, Strip gaming revenue is up 3.5%.
Locals casinos continue to lead the way in Nevada, with a 5.8% increase in revenue in November. Slot revenue increased 10.8% to $211.5 million, up from $190.9 million; hold was 6.2%, up from 5.7% a year ago. Table game revenue fell $6.4 million or 11.6%.
Downtown Las Vegas recorded a 10.3% increase in gaming revenue in November to $87.1 million, up from $79 million.
The Boulder Strip rose 20% to $79.4 million, up from $66.2 million.
North Las Vegas had a 4.7% increase to $25.6 million, up from $24.4 million.
Elsewhere in southern Nevada, Laughlin recorded an 11.6% increase to $38 million, up from $34 million. Mesquite increased 10.6% to $18.1 million, up from $16.4 million.
In northern Nevada, Reno reported $55.6 million in revenue, up 7.1% from $51.9 million. Sparks fell 0.79% to $14.8 million, down from $14.9 million. South Lake Tahoe fell 4.5% to $13.7 million, while North Lake Tahoe fell 3.8% to $1.71 million.
