The market has declined three straight months when wintry weather kept customers away. Win totals at South Lake Tahoe also were affected by the timing collections with win volume down 1%, while the hold percentage was down from 7.6% to 5.3%. There were different reasons that explained these contrasting pictures.Īs reported by Las Vegas Review-Journal, Lawton said downtown’s big gain was the result of the timing of collections. While some submarkets monitored by the Control Board showed weakness, such as Lake Tahoe’s double-digit percentage drop, others had double-digit improvements, including downtown Las Vegas’ 10.6% jump. A month of contrastsĪpril was a month of ups and downs for Nevada’s gaming industry. Michael Lawton, senior economic analyst for the Control Board, had warned when reporting March numbers that gaming win would face tough comparisons throughout the year because casinos had either their best or second-best months in history in the 12 months since March 2022. Those dips were offset by a 5.7% increase on the Boulder Strip, which includes Henderson.Īs a whole, Clark County saw $995 million in gaming revenue from its 219 licensees, a figure that ended a streak of 11 consecutive months of $1 billion or more. North Las Vegas casino revenue declined less than 1% to $24.6 million. The balance of Clark County – which includes unincorporated areas of Southern Nevada – saw a 6.3% percent revenue drop to $131.1 million, reports The Nevada Independent. However, in contrast to the success seen in Strip and downtown casinos, the Las Vegas locals gaming market as a whole suffered a 2% decline to $232.4 million in April. For their part, downtown Las Vegas casinos saw a 10.6% gaming revenue jump to $74.5 million.

Strip casinos were responsible for $624.7 million of the total revenue, a 5.2% increase from a year ago. Strip casino results drove the Silver State to a record gaming revenue total for April, with Nevada collecting a statewide revenue total of $1.2 billion, up 2.8% from a year ago and only the fifth time the state has collected $1B+ in that month. Nevada has topped the $1 billion gaming revenue mark for the 26th straight month, according to the latest data from the Nevada Gaming Control Board.

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