Nevada’s gaming industry experienced a financial rebound in June 2025, reporting a 3.5% increase in revenue year-over-year to reach $1.3 billion, according to data released by the Nevada Gaming Control Board (NGCB). The month’s performance ended a three-month streak of revenue decline across the state’s gaming markets.
Gross Gaming Revenue (GGR) also saw an uptick, with the Las Vegas Strip contributing significantly. Strip revenue edged up 0.9% to $765.3 million, while Downtown Las Vegas recorded a stronger boost of 10.5%, reaching $73.2 million. Clark County, home to the state’s major gaming hubs, mirrored the statewide increase with a 3.5% rise to $1.2 billion.
Slots Surge as Table Games Stumble
Slots remained the dominant force behind Nevada’s gaming revenue in June, generating $899.4 million—a solid 9.2% increase over the previous year. Within that category, multi-denomination slot machines led the way, pulling in $680.5 million, marking a substantial 21.7% year-over-year growth.
In contrast, table games saw a downturn. Total table game revenue dropped 6.6% to $432.9 million, with baccarat—typically a high-revenue driver—falling 8.1% to $126.3 million.
Still, the NGCB reported a sharp rise in percentage fee collections, which climbed 20.1% compared to June 2024, bringing in $83.7 million.
Online Sports Betting Scores, But NFL Betting Flops
Digital wagering platforms posted strong gains for the month. Online sports betting operators earned $29.9 million in win, representing a 78.4% surge. Baseball betting proved most profitable, generating $21.9 million in operator win. However, bets placed on NFL events had the opposite effect, leading to $1.2 million in operator losses.
Despite June’s financial improvements, a drop in tourism has cast a shadow over the outlook for the remainder of 2025. Data from the Las Vegas Convention and Visitors Authority (LVCVA) showed a year-on-year decrease in visitor arrivals, raising doubts about whether the current momentum can be sustained into the second half of the year.
Nonetheless, several regional markets posted positive results. Washoe County revenue rose 4.7% to $91.4 million, with Reno leading that gain at $67.8 million, up 5.6%. Sparks saw a modest rise of 1.8% to $13.7 million. Carson Valley and South Lake Tahoe improved by 4.9% and 2.6%, respectively. Elko County, however, was the only notable region to register a decline, slipping 0.5% to $32.9 million.
Fiscal Year Closes Slightly Down Despite June Uptick
Although June offered a much-needed rebound, it wasn’t enough to pull the fiscal year into the black. For the full fiscal year spanning July 2024 through June 2025, statewide gaming revenue dipped 0.8%. This followed a 2.2% drop in May, which included a 3.9% decline on the Las Vegas Strip alone.
While the gaming sector in Nevada showed signs of recovery in June, the dip in tourism and the mixed performance of key revenue drivers suggest the road ahead in H2 2025 may still present challenges.
Source:
“Nevada Gaming Control Board, Monthly Revenue Report, June 2025 [pdf]”, gaming.nv.gov
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