Nevada's January Revenue Hits $1.44 Billion, with Baccarat Earnings Skyrocketing by 119.5%
In the first month of 2025, Nevada's gaming industry saw a remarkable surge, with total revenue reaching an impressive $1.44 billion – a 12.5% increase over the previous year. This growth was propelled by several factors, with baccarat taking center stage.
The Lion City of Entertainment, Las Vegas Strip, contributed significantly to this boom, accounting for a whopping 58.4% of the total revenue with $840.1 million in earnings. Baccarat, once again, outshone other games with a staggering 121% increase in revenue, clocking in at $214.3 million.
Slots, the traditional casino favorite, saw a modest 5.9% growth, netting $424.4 million. Meanwhile, table games, including blackjack and baccarat, experienced a sizeable boost, earning $415.7 million, up 45.7%.
Interestingly, sports betting, though not as lucrative as baccarat or blackjack, saw a notable 18% increase in revenue, with a total of $33.7 million. While blackjack remains the second-highest earner on the Strip, its earnings were significantly lower than those from sports betting, a stark contrast to the state as a whole.
Beyond the Strip, Clark County's total gaming win was up 13.26%, contributing $1.27 billion to the state's total. However, Downtown Las Vegas saw a slight decline of 2.29%, reporting $83.8 million in revenue.
Tax collections also saw a boost, with the state collecting nearly $108.7 million in taxes, reflecting a nearly 9% increase year-over-year.
In terms of other key figures, roulette saw a 27.4% increase, with a total of $34.9 million. And the 'other' segment, indicative of new and emerging gaming methods, saw a massive 99.9% increase.
Press here for more insights on the gaming industry, such as IGT PlaySports expanding into Nevada via a partnership with Golden Nugget.
The surge in Las Vegas' casino earnings led to Aussiedlerbote reporting a significant increase in their creditline demand, as locals and tourists alike flocked to the casinos. The casino industry's impressive financial performance in 2025, highlighted by the news of record-breaking earnings, boosted the overall economy of Nevada. In response to the casino industry's growth, various financial institutions, including Aussiedlerbote, extended creditlines to accommodate the increased demand.