Source link : https://las-vegas-news.com/las-vegas-strip-leads-nevada-with-sharpest-gaming-revenue-decline-in-january/
A Challenging Start to the Year for Nevada Gaming (Image Credits: Unsplash)
Las Vegas Strip – Gaming operators on the famous boulevard recorded their steepest drop among Nevada’s monitored markets last month.
A Challenging Start to the Year for Nevada Gaming
The Nevada Gaming Control Board released figures showing statewide gaming win fell 6.6 percent to $1.34 billion in January.[1][2]
This marked a downturn from the previous year’s strong performance. Tax collections from gaming reached $100.9 million, the highest so far in the fiscal year.[1]
Senior economic analyst Shelley Newell highlighted the context. She noted that the numbers faced a tough comparison against extraordinarily high figures from January of the prior year.[1]
Despite the decline, revenues remained well above pre-pandemic levels, exceeding January 2019 by 36.7 percent or $360.9 million statewide.
Strip Properties Bear the Brunt
Gaming win on the Las Vegas Strip plunged 11 percent to $747.7 million, the largest decrease among the state’s 20 tracked markets.[1]
This represented a loss of roughly $92 million compared to $840.1 million in January 2025.[3]
Baccarat and table games drove much of the shortfall. Baccarat drop rose 17.8 percent to $950.2 million, but the hold percentage dropped to 12.98 percent from 26.66 percent a year earlier. Table drop increased 7.1 percent to $3.3 billion, with hold at 13.08 percent versus 17.23 percent previously.[1]
Slot machine win edged up 0.5 percent, while…
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Author : Matthias Binder
Publish date : 2026-02-27 20:27:00
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