Gaming revenue on the Las Vegas Strip surged in May with a 13.1% increase, bolstered by higher handle in slot play and baccarat.
Statewide, gaming revenue rose 7.4% from $1.29 billion a year ago to $1.38 billion in May, according to the Nevada Gaming Control Board. That gain was led by the Strip, recording $807.8 million in gaming revenue, up $94 million from $713.7 million.
Strip baccarat revenue rose 59% to $174.3 million, up from $109.9 million. Drop increased 30% from $682.8 million to $886.7 million, while hold went from 16.1% in May 2024 to 19.7% last month.
Strip slot revenue rose 8% or $30.6 million to $410.8 million with handle up 10%. The handle went from $5.1 billion a year ago to $5.6 billion last month.
The strength of the Strip didn’t occur in downtown Las Vegas where gaming revenue declined 4.1% in May to $63.9 million, down from $66.7 million.
Casinos that serve local Las Vegas residents saw a 2.4% dip from $278.1 million a year ago to $271.7 million last month.
North Las Vegas had a 2% increase to $26.8 million, up from $26.3 million.
The Boulder Strip recorded a 3.5% gain to $80.5 million, up from $77.8 million.
The balance of Clark County fell 5.6% to $164.3 million, down from $174.1 million.
Elsewhere in southern Nevada, Laughlin gaming revenue fell 5.1% to $40.9 million, down from $43.2 million. Mesquite rose 2.3% to $18.3 million, up from $17.9 million.
In northern Nevada, Reno had $70.4 million in gaming revenue, an 11% increase over $63.4 million in May 2024. Sparks had less than 1% increase to $17.3 million, up from $17.1 million. North Lake Tahoe had a 11% decline to $1.7 million, down from $1.91 million. South Lake Tahoe had a 23.4% increase to $16.6 million, up from $13.5 million.
Elko County had a 4.5% increase to $37.5 million, up from $35.9 million.
The Carson Valley area fell 2% from $12.7 million a year ago to $12.5 million last month.
All other jurisdictions in the state saw a 5% increase to $20.4 million, up from $19.4 million.
