The Las Vegas Strip saw a slight dip in gaming revenue in June that one Wall Street analyst attributed to the World Cup keeping high rollers away. That didn’t stop casinos statewide from registering an increase.
The Nevada Gaming Control Board reported state gaming revenue rose .82% from $1.33 billion in June 2025 to $1.34 billion last month. The fall in Strip revenue was just over $10 million, from $765.2 million a year ago to $754.6 million last month, a decline of 1.4%. Despite the drop, the second quarter on the Strip recorded a 5.9% increase in gaming revenue.
The reason for the Strip decline was the baccarat drop that fell 22.4% from $786.5 million a year ago to $610.7 million last month. With hold at 16.3%, down from 16.8% a year ago, baccarat revenue fell to $102.7 million, down from $128 million.
J.P. Morgan analyst Daniel Politzer said that excluding baccarat, Strip gaming revenue would have risen 2.1%. Strip slot revenue rose 1%. “We think the decline in baccarat volumes may be linked to the World Cup, as other baccarat-heavy global destination gaming markets, such as Macau and Singapore, were also notably slow in June.”
Casinos that serve local Las Vegas residents had a 0.6% increase to $267.8 million, up from $266.3 million.
Downtown Las Vegas, meanwhile, had a solid showing in June, with a 2.6% increase to $75.4 million, up from $73.5 million.
North Las Vegas had a 3.3% increase to $24.7 million, up from $23.9 million.
The Boulder Strip had a 1.8% increase to $89 million, up from $87.3 million.
Elsewhere in southern Nevada, Laughlin reported a 3.9% decline to $38.4 million, down from $40 million. Mesquite had a 2.6% increase to $14.5 million, up from $14.1 million.
Reno reported a 20.2% increase to $81.6 million, up from $67.8 million.
Sparks had a 16.1% increase to $15.9 million, up from $13.7 million.
South Lake Tahoe reported a 7.5% increase to $21.2 million, up from $19.7 million.
North Lake Tahoe saw gaming revenue fall 5.9% to $2 million, down from $2.2 million.
Elsewhere in the state, Elko County declined 1.77% to $32.3 million, down from $32.8 million.
The Carson Valley area rose 3.5% to $11.9 million, up from $11.5 million.
All of the other rural areas of the state had a combined $19.7 million in gaming revenue, a 10.5% from $17.8 million a year ago.
