Nevada’s gaming sector has once again outperformed expectations in July, achieving its seventh-highest monthly revenue record, as reported by the Nevada Gaming Control Board (NGCB) on Friday.
Statewide casinos reported a total revenue of $1.36 billion for July, indicating a 3.99% increase compared to the same month in 2024. The Las Vegas Strip, the key player in the state’s gaming industry, accounted for over $749 million in revenue, reflecting a 5.6% increase from last year.
This surge in revenue occurred even amidst a significant decrease in tourists. As detailed by the Las Vegas Convention and Visitors Authority (LVCVA), Las Vegas experienced a 12% reduction in visitors July compared to 2024, totaling just under 3.1 million. June had already recorded an 11% decline, and the overall visitor count year-to-date has dropped by 8%, down from 24.6 million to 22.6 million.
LVCVA President and CEO Steve Hill
Nevertheless, the decline in foot traffic did not have a negative impact on gaming revenues. “Our gaming revenue remains robust and is not affected by the decrease in visitation, which is encouraging,” stated LVCVA President and CEO Steve Hill.
“This is significant for all establishments, and it has clear implications for the tax base. Gaming is among Nevada’s two largest contributors to tax revenue, which is excellent news for the state.”
Slot machines played a crucial role in the revenue increase for July. Shelley Newell, a senior economic analyst with the NGCB, noted that the statewide slot win was the second-highest ever recorded, only surpassed by December 2024.
“The prevailing trend indicates that operators are adjusting their machine offerings,” Newell explained. “For instance, many operators are replacing some penny machines with multi-denomination (MD) machines, which provide a broader array of games for players.”
Baccarat also made a notable contribution, especially on the Strip. The game generated $114.4 million in revenue, accounting for approximately 15% of the Strip’s total income and witnessing a 79% increase year-over-year.
“The hold percentage for Baccarat was considerably higher in July 2025 compared to July 2024. The State’s hold for Baccarat was 16.89% in July 2025 compared to 9.69% in July 2024, while the Strip’s hold was 17.46% compared to 8.79% last July,” Newell highlighted.
Clark County overall reported $1.15 billion in gaming revenue for the month, representing a 3.24% increase from July 2024. Downtown Las Vegas generated $74.42 million, a rise of 3.59%, while North Las Vegas recorded a 7.78% increase with $24.65 million. Mesquite saw a 9.89% rise with $15.14 million.
However, not all regions experienced growth. Laughlin saw a 7.14% decline and the Boulder Strip experienced a drop of 1.05%. Casinos categorized as “Balance of Clark County” faced a 3% fall, totaling $166.03 million.
Other areas of the state reported record-breaking figures. South Lake Tahoe achieved its highest-ever gaming win at $37.69 million, up 21.5% year-over-year. Reno also hit a new record, increasing by 9.93% to $76.13 million. The Carson City area noted an 8.85% rise to $12.39 million.
Nevada sportsbooks also experienced a prosperous month. Sports betting revenue reached $37.8 million in July, representing a 46.7% increase from July 2024. “The hold percentage also played a part in the favorable figures for July 2025 in Sports,” Newell stated. The hold percentage rose to 9.02% compared to 6.86% last year.