Nevada Casinos Experience Slowest March Revenue in Four Years
Nevada casinos reported disappointing revenue figures for March, marking the lowest earnings for the month since 2021. The state’s gaming establishments generated $1.27 billion, a decline of 1.11% compared to last year, as fewer visitors arrived in Las Vegas, most notably impacting the Strip, which saw a sharp 4.78% decrease to $681.67 million.
High-end baccarat suffered particularly, experiencing a 34.27% drop in play. This downturn comes in stark contrast to December’s record earnings of $1.46 billion. Concerns about the economy were highlighted in a report from the Nevada Gaming Control Board, which noted that fiscal revenues from July 2024 to June 2025 are 1.14% lower than the previous year.
Visitor numbers dropped significantly, with the Las Vegas Convention and Visitors Authority reporting 3.39 million attendees in March—down 7.8% from the same month last year. Despite the downturn, March marked the 49th consecutive month where gaming revenue exceeded $1 billion. While the Strip struggled, areas like Downtown Las Vegas and Reno showed gains, with respective increases of 11.59% and 10.9%.
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