The Nevada Gaming Control Board has released the gaming data for the first month of 2025 in the state.
Overall, the gaming revenue in January totaled $1.44 billion, a 12.5% increase year-over-year. Slot machines accounted for the majority of the revenue, amounting to $915.3 million, although this only reflected a 3.4% growth. In fact, while the highest revenue-generating slot machine category (multi-denomination slots) saw a 15.9% increase, most slot machine categories experienced declines. This includes 1-cent slots, down 23.7% to $176.7 million, 25-cent slots, down 17.3% to $13.8 million, and $100 slots, down 40.6% to $1.6 million. This led to some growth constraints, as the only other category showing growth was the $5 slots, up 12.6% to $4.7 million.
However, the state's table games, counter games, and card games revenue grew by 33.2%, totaling $523.1 million. Although some games saw significant year-over-year declines—a notable example being Pai Gow, which dropped 153%, losing $243,000—the overall results remained balanced.
The highest revenue game, Baccarat, grew by 119.5%, reaching $215.2 million, while the second highest revenue game, Blackjack, decreased by 12.3%, totaling $86.1 million.
The third highest revenue segment was sports betting, with revenues of $72.6 million, up 12.1%, indicating that despite the state's long history with traditional casino games, people are beginning to shift towards this segment.
Good news: IGT PlaySports has recently expanded into Nevada through a partnership with Golden Nugget
Other notable growth areas include Roulette revenue up 27.4%, totaling $34.9 million, and the state's "other" category growing 99.9%, reaching $13.3 million—indicating that Nevada's players are beginning to favor new and emerging non-slot gaming modes. However, only Baccarat achieved triple-digit growth.
Focusing on the Las Vegas Strip, revenue grew by 22.5%, totaling $840.1 million, accounting for 58.4% of the state's total.
Like the entire state, the Las Vegas Strip's growth and declines were mixed. Slot machine revenue was $424.4 million, up 5.9%, while table, counter, and card games revenue was $415.7 million, up 45.7%. The significant growth in table revenue greatly narrowed the revenue gap between the two departments, with less than $10 million difference, in stark contrast to the huge gap between slot and table revenues across the state.
Baccarat again achieved triple-digit growth, with revenues of $214.3 million, up 121%, while Blackjack revenue was $65 million, down 7.9%. Although sports betting remains the third largest non-slot gambling on the Las Vegas Strip, its revenue was almost half that of Blackjack, contrasting sharply with the rest of the state. In fact, sports betting revenue reached $33.7 million, although the growth rate was 18%, still above the state average.
