Casinos in Nevada won $1.28 billion in gaming revenue in September of 2026, about the same as the same month a year ago.
Nevada Casino Revenue Dips 0.05% Despite Las Vegas Strip Growth
Stronger results on the Las Vegas Strip and gains in a number of smaller markets helped offset weaker results in downtown Las Vegas, Laughlin and other places, figures released Wednesday by the Nevada Gaming Control Board showed.
The state’s gaming win was $1,282,542,554, down 0.05% from $1,283,234,042 in September 2025. Total gaming revenue statewide was about $3.93 billion for the July-September period, up 1.67% from the same period last year.
Nevada’s strongest gaming market was the Las Vegas Strip, which took in $693.5 million in September. This is an increase of 0.82%t over the previous year. However, overall gaming win in Clark County slid 0.95% to about $1.09 billion.
Downtown Las Vegas took a deeper dive, with revenue dropping 7.45% to $82.6 million. Laughlin saw an even steeper 16.8% drop in gaming win to $33.8 million. The Boulder Strip was down a little, while North Las Vegas was up 9.18% to $25.1 million.
Other parts of the state reported stronger results. Sparks jumped 20.78% to $17.2 million and Elko County rose 11.66% to $35.2 million. South Lake Tahoe also did well, with revenue up 12.5% to $26.5 million.
Slot Gains Boost Las Vegas Strip Despite Slowing Tourism
The Las Vegas Strip’s slight gain was powered mostly by slot machines. They produced $452.6 million, with an 8.23% hold rate, up from 8.04% a year earlier. Table games and sports wagering generated $240.9 million, a decline of about 3% from the same period last year.
Slot revenue statewide rose 1.3% to $948.9 million. Table-game revenues went the other way, dropping 3.6% to $333.7 million. Baccarat and roulette were among the better performers, generating $58.6 million and $33.6 million respectively. Craps revenue fell 25.1% to $32.6 million and blackjack was down 6.3% to $94 million.
The latest figures arrive as concerns grow about weakening demand in Las Vegas. September visitation was about flat at roughly 3.1 million people, but hotel occupancy and room revenue were under pressure. Average Las Vegas Strip room rates also fell nearly 11% to $185, indicating casinos continued to offer lower-cost lodging to entice visitors.
Nevada’s percentage-based gaming fees in October totaled $81.1 million based on taxable revenue from September. That was a 6.77% decrease from the $87 million collected in the same period a year ago.
JP Morgan analyst Daniel Politzer had warned earlier in September that Las Vegas’ recovery was losing momentum. He pointed to falling hotel prices and investor questions about major casino operators.
That showed up in MGM Resorts’ most recent quarterly results as well. Third-quarter revenue was $4.2 billion, down 1% from the prior year. Revenue fell 2%, partly because average daily room rates dropped 8%, even as its Las Vegas division brought in $2 billion.