Las Vegas Strip casinos win less, despite better luck at baccarat tables
LAS VEGAS (KLAS) — April, typically one of the slower months for Nevada casinos, brought more declines as the state reported winnings on the Las Vegas Strip down nearly 3% compared to April of last year.
And it could have been much worse if not for a big bump at the baccarat tables, where players lost more than $108 million for the month. Casinos benefited from this, as the win jumped by about 48% compared to March and 41% compared to April 2024.
The biggest haul came from multidenominational slot machines, which brought in $652.5 million statewide, more than an 11% increase over April 2024.
The Nevada Gaming Control Board reported statewide casino winnings of $1.23 billion, down 0.47% from April 2024. The Strip took in $646.87 million, down 2.88% compared to a year ago.
LAST MONTH: Nevada casino win drops statewide and on the Strip as Las Vegas visitor numbers plunge
Recently, comparisons to last year have been skewed by Super Bowl LVIII in February 2024. Now the playing field has leveled out a little. The Strip lost a big chunk of rooms a year ago when Tropicana Las Vegas closed on April 2, 2024. This month's numbers were more of an apples-to-apples comparison, although a drop in Canadian tourism and other international travel to Las Vegas is still feeling a pinch.
Another factor — the temporary shutdown of The Mirage as it rebrands as a Hard Rock International property — will bring another correction in July. March comparisons suffered from a big drop in Las Vegas visitation, which might have been impacted by 3.5% fewer hotel rooms available compared to 2024 levels.
Locals casinos grouped under the 'balance of Clark County' in the gaming win report showed steady results, bringing in $164.1 million — the second-highest total behind the Strip. That was an improvement of 0.52%.
Extended Las Vegas tourism slump shows April visits down 5.1%
The Boulder Strip and North Las Vegas both showed improved winnings, and Reno also had a positive month in comparison to April 2024. Here's a breakdown of some geographical areas in the report, with April win totals and comparisons to April 2024:
Las Vegas Strip: $646,870,396 (-2.88%)
Balance of Clark County: $164,095,072 (+0.52%)
Boulder Strip: $89,892,346 (+8.14%)
Downtown Las Vegas: $83,632,269 (+1.03%)
Reno: $64,699,483 (+9.15%)
Laughlin: $40,177,477 (-7.64%)
North Las Vegas: $24,882,015 (+4.36%)
Wendover (Elko County): $22,278,053 (+10.09%)
Mesquite: $17,912,271 (+6.58%)
South Lake Tahoe: $16,632,183 (-7.57%)
Nevada casinos are about 1% off the pace set during the previous fiscal year (July 1-June 30), despite the highest win totals in the state's history coming in December 2024 and January 2025.
Percentage fee collections so far in May (through May 23) were just over $68 million.
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