Increased Baccarat winnings significantly contribute to a 5.6% growth in gaming revenue on the Las Vegas Strip during the month of July.
In the vibrant gaming landscape of Nevada, several cities have witnessed significant changes in their revenue figures from July 2023 to July 2024. Here's a breakdown of the key developments:
- North Las Vegas experienced a 7.8% increase in revenue, while Downtown Las Vegas saw a 3.6% rise. Reno and Mesquite also reported increases of 9.93% and 9.8% respectively. However, Las Vegas casinos serving local residents recorded a rare decline of 1.5% in July 2024.
- South Lake Tahoe and North Lake Tahoe showed contrasting trends, with South Lake Tahoe enjoying a 21.5% increase, while North Lake Tahoe suffered a 15% decrease in revenue.
- In the heart of the gaming industry, the Las Vegas Strip saw a 5.6% increase in gaming revenue in July 2025 compared to 2024. Despite this growth, the Strip's gaming revenue over the past 12 months fell 3% from $9.06 billion to $8.78 billion.
- Baccarat games on the Las Vegas Strip saw a 5% rise in handle, or total amount wagered, in July 2024. Baccarat revenue in the Strip reached $114.5 million in July 2025, a significant increase from $64 million in 2024. Interestingly, the baccarat hold was 17.5% in July 2025, up from 8.8% a year ago, despite a 10% decrease in baccarat drop.
- Non-baccarat table gaming revenue in the Las Vegas Strip fell nearly 9% in July 2025 compared to the same month in 2024. Slot revenue for the Strip, however, showed a 2.2% increase in July 2025 compared to 2024, according to Deutsche Bank.
- In Downtown Las Vegas, slot coin-in increased by 3.5% ($19.2 million) from July 2023 to July 2024. The games drop increased by 7.5% or $13.1 million on a hold of 11.05% in July 2024, compared to 11.74% in July 2023. Game and table win in Downtown Las Vegas was up 1.2% ($238,000) from July 2023 to July 2024.
- Laughlin reported a 7.1% decrease in revenue from July 2023 to July 2024. Sparks and the Boulder Strip also experienced declines of 3.2% and 1% respectively.
For the year 2025, Nevada's gaming revenue is up 1% year-over-year. However, it's worth noting that there are no available search results indicating which casino chain achieved the best results in Downtown Las Vegas in July 2025.
These figures highlight the dynamic nature of Nevada's gaming industry, with some cities and gaming types thriving while others face challenges. As the industry continues to evolve, it will be interesting to see how these trends develop in the coming months and years.
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