The Nevada Gaming Control Board (NGCB) has reported that the total gaming revenue for the state of Nevada for December 2024 amounts to $1.46 billion, noting a 2% year-on-year increase.
Out of this total number, slot machines are responsible for generating $981.1 million, which is an increase of 14.4% when compared to the same month in 2023.
Table games noted a steep decline in December 2024, dropping to $480 million, or by 16.5%. This downward trend can be attributed to a significantly weaker performance in several key segments, including craps, roulette, and baccarat.
However, despite this negative result, the NGCB said that December 2024 recorded the highest gaming revenue in the history of the state in the month’s history, highlighting the state’s ongoing dependence on positive slot machine performance to nullify the decline in the casino entertainment segment.
Out of the $1.46 billion, the Las Vegas Strip contributed the largest share of the state’s total gaming revenue. Yet, the Strip still recorded a decrease in gaming wins down to $881.3 million, which is a 2.7% drop.
This decline can mostly be attributed to table, i.e. casino games, a segment which noted a drop by 16%, or down to $385.9 million when compared to the same period in 2023.
Yet, slot machines once again come to the rescue as slot gaming on the Strip broke records for the month of December, reporting $495.4 million in gaming revenue, which is an 11.1% increase year-on-year.
The Nevada Gaming Control Board attributes this to a major shift in consumer gambling patterns, where slot machine gaming has progressively become the most popular type of gambling entertainment on the Strip, and as such, dominant over standard casino table entertainment.
In other parts of the state, Downtown Las Vegas also broke records in December, generating $931.3 million in revenue, or a 2.4% increase. Similarly, Clark County reported $13.6 billion in revenue for the full fiscal year, or 0.6% when compared to 2023.
