In June, Nevada’s monthly gaming revenue and visitation to Las Vegas followed a familiar trend. While gaming revenue in the state remains strong, it has shown signs of slowing down compared to last year. In contrast, visitation to Las Vegas continues to rise, reflecting the city’s enduring appeal.
The Nevada Gaming Control Board reported that casino revenue in the state surpassed the billion-dollar mark for the 28th consecutive month, reaching $1.24 billion in June. Although this figure indicates strength, it marks a decline of 2.44% from the $1.28 billion collected in June of the previous year. Visitor numbers also paint a promising picture, with the Las Vegas Convention and Visitors Authority reporting 3.4 million visitors to the city in June—a 3.1% increase from the same period last year. Additionally, Harry Reid International Airport recorded a record number of travelers, accommodating 4.88 million passengers in June.
Mixed Results in Gaming Revenue Across the State
Nevada’s gaming revenue stems from various sources, including tribal and commercial casinos as well as non-traditional venues like bars and taverns. Despite the state’s limitations on online gambling, which is confined to a single poker room, the gaming revenue trend has been slightly downward, with June marking the third month in four that saw a year-over-year decrease.
In June, total gaming revenue in Nevada reached $1,245,814,727, compared to $1,277,029,261 in the previous year. This ongoing decline comes after record-breaking figures in 2022, and while the revenue remains robust, it indicates a slight pullback.
For the first half of the year, Nevada’s gaming revenue is 3.6% ahead of last year’s impressive total of $14.8 billion. The state operates on a July-June fiscal calendar, and projections indicate a modest 3.25% increase for the fiscal year, bringing the total to approximately $15.1 billion.

Contrasting Trends in Regional Gaming Markets
The gaming markets in Northern and Southern Nevada exhibited contrasting trends. In Clark County, which encompasses Las Vegas, gaming revenue dropped by 3.52%. In stark contrast, Washoe County in Northern Nevada saw a 10.05% increase, with cities like Reno and Sparks reporting double-digit growth.
Specifically, the Las Vegas Strip—renowned as the city’s primary gaming destination—experienced a slight revenue decline of 1.01%, dropping from $734 million to $727 million. Downtown Las Vegas saw an even steeper drop of 10.44%, with revenue totaling $62.5 million. The Boulder Strip, which includes Henderson casinos, faced the largest decrease at 16.73%. On a positive note, Reno’s gaming revenue rose by 12.5%, while Sparks County experienced a significant 20.76% increase.
Growing Visitation to Las Vegas
Las Vegas is on track to exceed last year’s visitor numbers, thanks to events like the World Series of Poker, high-profile residency shows, and the Vegas Golden Knights’ Stanley Cup run. In June, the city welcomed 3.4 million visitors, leading to an impressive occupancy rate of 85.5% across Las Vegas hotels.
The average hotel room rate in Las Vegas during June was $165.21, reflecting a 5.3% increase from the previous year. Room prices on the Vegas Strip averaged $175.78, while downtown hotel rooms were more affordable at an average of $88.44 per night. However, the lower prices in downtown Las Vegas did not translate into higher occupancy, which stood at 66.6%. In contrast, occupancy for Strip hotels was significantly higher at 88.8%.
Sportsbooks Struggle Despite Golden Knights’ Success
Nevada sportsbooks faced a challenging month, largely due to the Golden Knights’ success in winning the Stanley Cup. In June, sportsbooks reported just $9.5 million in revenue, a staggering 60% decrease from 2022 and a 68% drop compared to the previous month. The Golden Knights’ strong playoff performance, with a 16-6 record, led to a loss of $6.6 million in hockey wagers for sportsbooks during June.
The sportsbooks held only 1.98% of all money wagered in June, significantly lower than the typical 4.9% they held during the same month last year. Overall, while Nevada’s gaming revenue remains robust, the trends reflect both growth and challenges as the state navigates a changing landscape.
Source : https://www.playnevada.com/8536/gaming-revenue-nevada-dip-june-still-strong/