Nevada Players Hit Casinos Hard In February, Gamble $1.24 Billion

Written By Katarina Vojvodic on March 30, 2023
February 2023 Revenue Casino In Nevada And Sign Shines Bright

Casinos in Nevada continue to shine. The casinos across the Silver State collected nearly $1.24 billion in gaming revenue during February. So far, that’s the highest monthly figure, according to the Nevada Gaming Control Board (NGCB). It’s also an increase of 11% year-over-year (YOY).

The figure marks the 24th consecutive month surpassing $1 billion in gross gambling revenue (GGR).

Clark County casinos report $1.04 billion in revenue

Clark County has recorded ten months of over $1 billion in gaming revenue. Other locations, however, have seen revenue declines. To be more precise:

  • Clark County (including the Strip, downtown Las Vegas, North Las Vegas, and the Boulder Strip) generated $1.04 billion, a 13.8% increase.
  • The Las Vegas Strip generated $712.5 million, an almost 19% YOY increase
  • Downtown Las Vegas recorded $74.2 million in gaming revenue, an almost 8% increase YOY

Washoe County, which includes casinos in Reno, Sparks, and North Lake Tahoe, recorded a 7.3% revenue YOY decrease. Sparks was the only property that showed a YOY increase to 13.4 million (4.5% YOY up). Other areas posted revenue decreases going up to 12.67%.

According to the NGCB, Silver State has generated over $75.5 million in gaming taxes. As for the fiscal year 2023, the state’s total for nine months is 1.6% up to $722.5 million.

Nevada casino games show YOY increase but monthly decrease

Slots accounted for $822.8 million of all monthly revenue. The figure is a 7.64% increase from the same time last year. It is still less than Nevada’s January 2023 casino revenue of $847.5 million.

Table, counter and card games revenue climbed to $411.5 million, an 18.85% YOY increase. Blackjack games led the way at $114.6 million. Still not successful as in January, when revenue from table games was $425.4 million, while blackjack revenue amounted to $120 million.

Visitor volume on the rise at Las Vegas casinos

The commission reported that the visitor volume in Las Vegas casinos went up by 17.8% in February. The Las Vegas Convention and Visitors Authority said almost 3.1 million visitors came to Las Vegas last month. The number includes more than 663,400 convention attendees. That’s a 51% YOY increase.

During January and February, Las Vegas visitor volume was 25% up compared to the first two months of 2022.

Photo by PlayUSA
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Katarina Vojvodic

Katarina Vojvodic is a lead writer for PlayUSA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario’s online gambling industry for Vojvodic holds a master’s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

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