Las Vegas Sun

December 9, 2023

Baccarat leads way as Nevada gaming revenues climb in March

CARSON CITY — Nevada gaming revenues increased 7 percent in March compared to the same month a year ago — up $60 million to $914.7 million.

Michael Lawton, senior research analyst for the state Gaming Control Board, said the month proved to be an “easy comp,” pointing out that gaming revenues in March 2012 were off by 10.8 percent.

Baccarat accounted for $35 million of the $60 million increase, he said.

Las Vegas Strip casinos, meanwhile, posted a 13.3 percent increase in revenue.

For the first nine months of the fiscal year, casinos statewide reported gaming revenues of $8.3 billion, up 2.7 percent.

Downtown Las Vegas gaming revenues were up by 5.3 percent, though casinos elsewhere in Clark County were not as fortunate.

North Las Vegas casinos were off 1.2 percent; the Boulder Strip was off 0.7 percent; Laughlin dropped 12.7 percent; and Mesquite was down 1.78 percent. Gaming revenues in the balance of Clark County inched up .5 percent.

Washoe County, meanwhile, ended six months of decline in gaming revenues, reporting an increase in March of 9.2 percent.

Gaming revenues were down 2 percent for Carson City and 10.9 percent for South Lake Tahoe, while Elko County reported an increase of 8.1 percent.

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