Nevada’s tourism industry was responsible for almost $ 100 billion in economic activity, produced more than $ 436,000 that paid $ 24.4 billion in salary and generated almost a third of the state’s general fund revenue in 2024, according to a new report from the Nevada Resort Association.
The gaming industry in Nevada reported about $ 15.8 billion in revenue last year, more than three times as much as the next nearest state (Pennsylvania) and paid about $ 2.4 billion in industry -specific taxes and fees.
All these figures are up from two years ago, which was the last time NRA released its industry -wide fact sheet.
“Facts” is a two-year study conducted through LAS Vegas-based applied analysis for NRA, a business organization that represents 72 resorts throughout the state. The report is prepared every two years to coincide with the state legislative session.
“When you read through the report, it is clear that the tourism industry is an important engine for economic growth, which creates a far -reaching rippling effect throughout society,” said Virginia Valentine, president and CEO of the Nevada Resort Association. “Our industry spends millions of dollars on goods and services with local suppliers, including small businesses. Leisure and hospitality employees flow back their salaries in the economy, support neighborhood restaurants, grocery stores, barber shops, salons, dry cleaning and more. This continuous bicycle of investment and resumption dives in local companies and strengths and strengths and strengths and strengths.
“Facts” – formerly known as “Nevada Gaming Fact Book” – provides a comprehensive overview of contributions from the state’s largest industry through employment, capital investments, tax revenue, philanthropic activities and environmental sustainability initiatives through a presentation of graphs, charts and pictures.
This year’s 76 pages report illustrates the Ripple effect that the tourism and resort industry has at associated companies and evaluates the induced effect of expenditure in society by hospitality employees.
“A strong tourist industry fuel job creation, enables small businesses to thrive, generates important tax revenue for state and local authorities, promotes capital investments and strengthens community organizations,” said John Maddox, chairman of NRA’s board.
The companies’ responsibilities and strategies for impact/commitment were also documented. Among the remarkable mentions, they were more than 6,000 of voluntary hours logged by Caesar’s Entertainment Team members; MGM Resorts International’s Mega Solar Array, which can drive up to 90 percent of Las Vegas’ Daytime Energy requirements; Red Rock Resorts $ 10 million commitment to a transitional housing project in the valley; More than $ 6.4 million donated to non -profit organizations by Wynn Resorts; And the launch of the Food Rescue Alliance by Venetian Resort.
“In addition to our significant financial contributions, we are very proud of our work with local non -profit organizations and as leaders in environmental sustainability,” Maddox said. “As described in this report, we are dedicated to making a meaningful, lasting impact – improve life today while building a stronger and more sustainable future for Nevada.”
The 2025 version of “Facts” also looks ahead on 68 projects either currently under construction or in planning stages. The report notes that $ 17.6 billion in project costs is on the books to improve and expand Nevada’s tourism industry, by more than $ 13.8 billion planned for southern Nevada.
Contact David Danzis at ddanzis@ theplayerlounge.com or 702-383-0378. Follow @AC2vegas-danzis.bsky.social or @AC2vegas_danzis on X.
